WINNERS: Jockey Zac Purton with In Her Time supporters after her win in The Galaxy. Picture: AAPA group of lessees enjoying a dream ride with In Her Time have not given up on a new deal to stay involved with the star Newcastle mare.
A three-year lease agreementfor the group 1 winner involving 11 people, including Bar Beach-based owner Peter Brown,is set to expire on May 10, two days before In Her Time competes in the $700,000 Doomben 10,000 (1200 metres).
Brown has indicated that he will race In Her Time on as sole owner, ending the connection for the 10 lessees, which include Newcastle Jockey Club director Robert Dan and fellow Novocastrian Steve Rippon.
However, the Herald was told the lessees held a meeting on Sunday, which Brown was unable to attend, to discuss the situation.
Rippon was voted in as the new manager of the group and told the Herald: “All I can say is, yes, we did have the meeting,and we obviously voted me in as the manager, and we’re in negotiations with the owner, Peter Brown, at the moment.”
Asked if there was more to the situation than just the ending of the lease, he said:“I can’t comment on that at the moment.”
“As Isaid, we’re in negotiations and when they are completed I‘m sure there will be things that will come out, but at the moment that’s all I can say about it.”
The Herald was unable to gain comment from Brown on Tuesday.
The group is keen to be part of a new lease agreement, and for obvious reasons.
Passed in for $38,000 at the 2014 Inglis Classic Sale, In Her Time has won$2,135,725in prizemoney from 19 starts in whathas been a remarkable and rare success for a leased horse.
And there could be plenty more to come.
The five-year-old mare, trained by Newcastle’s Ben Smith, is tipped to gain a slot in the $13 million The Everest (1200) at Randwick in October and a trip to the rich Hong Kong carnival in December is also on the cards.
Her value as a broodmare has also risen into the millions.
The Herald was told the 10 lessees, excluding Brown,estimated they hadcosts of about$400,000in various fees over the three years but gained back about60 per cent of In Her Time’s prizemoney, which equated to almost $1.3 million.
On the track, In Her Time impressed in a 1000-metre trial win at Newcastle on Tuesday, clocking1:00.72 and a last 600m of 33.18 seconds under a strong hold from Aaron Bullock. It was In Her Time’s first hit-out since a luckless third in the TJ Smith Stakes on April 7.
“Aaron didn’t release the brakes on her so to run that time is pretty impressive,” trainer Ben Smith said.
He said In Her Time would likely have an exhibition gallop between races at Newcastle on May 5 or 8. The Doomben10,000 and Stradbroke Handicap are In Her Time’s Queensland targets.