Centennial Farms
Centennial Farms is a Beverly, Massachusetts-based thoroughbred racing partnership firm, founded in 1983, that creates and manages horse-racing syndicates for high-net-worth individual investors, leveraging long-standing trainer and stud-farm relationships.
- Company typePrivate
- Founded1983
- HeadquartersBeverly, United States
- Headcount1–10
- GTM typeB2C
- OfferingServices
What Centennial Farms does
Centennial Farms is a privately held thoroughbred racing partnership and bloodstock management firm founded in 1983 and based in Beverly, Massachusetts. The firm co-owned by Don Little Jr. (President), Peter Horvitz, and Margaret O'Meara structures and manages limited-partnership syndicates that enable high-net-worth individuals to co-own racehorses. The business operates on a small scale, with a 1–10 employee team anchored by long-tenured personnel including veterinarian and bloodstock manager Dr. Stephen Carr and yearling trainer Paula Parsons, both with the firm since its founding. Centennial Farms has produced multiple graded-stakes performers, most recently Antiquarian, winner of the Grade 1 Jockey Club Gold Cup in September 2025.
Revenue is generated through four primary streams: (1) capital contributions and management fees from limited partners in partnership LLCs such as the 2025 Bloomfield and Graystone offerings, (2) stallion breeding rights revenue derived from graded winners placed at premier commercial studs including Airdrie Stud (Preservationist) and Spendthrift Farm (Wicked Strong), (3) sales commissions on horse transactions, and (4) residual income from aftercare arrangements with facilities such as Old Friends. The firm works with leading trainers including Todd Pletcher and Jimmy Jerkens and maintains partnerships with the Thoroughbred Aftercare Alliance and Middleburg Training Center. The reported 75% reinvestment rate among limited partners indicates strong recurring capital, while the absence of any disclosed technology platform, institutional investor base, or large headcount underscores the firm's traditional, relationship-driven operating model.
Centennial Farms firmographics
Firmographics- Name
- Centennial Farms
- Legal name
- Centennial Farms
- Website
- https://centennialfarms.com
- Company type
- Private
- Founded year
- 1983
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Centennial Farms is a Beverly, Massachusetts-based thoroughbred racing partnership firm, founded in 1983, that creates and manages horse-racing syndicates for high-net-worth individual investors, leveraging long-standing trainer and stud-farm relationships.
- Ownership category
- akta.pro rank
Centennial Farms industry classification
Industry- Product category
- Thoroughbred Racing Partnerships
- NAICS
- Horses and Other Equine Production (11292), Horses and Other Equine Production (112920)
- SIC
- Services-Racing, Including Track Operation (7948), Agricultural Services (700)
- akta.pro primary industry
- Racehorse Ownership, Syndication & Investment Platforms (MPAEADAG)
- akta.pro secondary industries
- Breeding & Bloodstock (Stud Farms, Sales/Auctions) (MPAEADAH), Training, Stables & Equine Services (MPAEADAI), Racehorse Training & Conditioning Operations (AFAEAGAE)
Keywords
Where Centennial Farms is headquartered
LocationHeadquarters
- HQ city
- Beverly
- HQ country
- United States
- HQ region
- North America
Offices5 records
Markets served
Centennial Farms business model
Business model- GTM type
- B2C
- Offering type
- Services
Revenue model
- Partnership Management Fees: Investors purchase shares in thoroughbred racing partnerships. The company generates revenue through management fees charged to partners for ongoing care, training, racing management, and administrative oversight of the horses and partnership operations.
- Horse Sales Commissions: When partnership horses are sold as stallion prospects or broodmare prospects after racing careers, the company earns commissions on the transaction value.
- Breeding Rights Revenue: When horses retire to stud at premium farms, partners receive breeding income. The company facilitates these arrangements and may receive syndication or placement fees.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Custom partnership investments based on individual horse acquisition and management costs |
Go-to-market motion2 records
Distribution channels1 record
Marketing channels5 records
Centennial Farms product offering
Product offeringCore offering
Centennial Farms creates and manages thoroughbred racing partnerships that allow high-net-worth individuals to co-own racehorses. The company acquires yearlings at premier sales (Keeneland, Fasig-Tipton), develops them through yearling training at its Middleburg, Virginia facility, and campaigns them at major racetracks (Saratoga, Belmont Park) under top trainers. Investors receive professional management of horse acquisition, training oversight, racing career management, breeding placement, and sale or syndication.
Product overview
Centennial Farms operates as a thoroughbred racing partnership company offering investment opportunities in elite racehorses. The core product is the Thoroughbred Racing Partnership program, where individual investors purchase shares in LLC-formed horse ownership groups managed professionally by the Centennial team. Current offerings include 2025 Bloomfield, LLC and 2025 Graystone, LLC partnerships featuring horses purchased at major sales. Supporting services include yearling training and boarding at the Middleburg Training Center in Virginia, equine retirement programs, and tax benefits advisory services. The company manages a stable roster of actively racing horses across multiple partnership cohorts.
Differentiator
Problem solved
Functional benefit
Products and services
- Thoroughbred Racing Partnerships Investment partnerships allowing individuals to co-own thoroughbred racehorses. Partners share in the horse's racing career, potential winnings, and stud value upon retirement, with professional management provided by the Centennial team.
- 2025 Bloomfield, LLC A thoroughbred racing partnership formed in 2025, offering ownership interests in a Life Is Good - Velvet Slippers colt purchased at Fasig-Tipton Saratoga.
- 2025 Graystone, LLC A thoroughbred racing partnership formed in 2025 at the Keeneland September Sale, offering interests in multiple colts including Filibuster (Constitution), Helix (Twirling Candy), Fiddian (Maxfield), and Upperville (Jack Christopher).
- Boarding & Training (Middleburg) Yearling training and farm management services at the Middleburg Training Center in Virginia, where young horses receive early development and preparation before joining racing operations.
- Equine Retirement Program Aftercare services for retired thoroughbreds, including placement at accredited facilities (e.g., Old Friends) and sponsorships of Thoroughbred Aftercare Alliance programs.
- Tax Benefits Advisory
Quantifiable outcome
- Over 75% partner retention rate - three-quarters of partners reinvest after first experience
- +4 more outcomes
Companies that use Centennial Farms
Customer profileNamed customers3 records
Segments2 records
Centennial Farms technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Centennial Farms partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered supporting and core.
- Old FriendssupportingRocketry retired to Old Friends in Georgetown, Kentucky in September 2021 as a multiple graded stakes winner and three-time track record setter. Old Friends is a non-profit equine retirement facility accredited by the Thoroughbred Aftercare Alliance. The partnership supports responsible aftercare for retired racehorses.
- Airdrie StudcorePreservationist retired to Airdrie Stud in Midway, Kentucky in October 2019 as a Grade 1 winner and millionaire. Airdrie Stud, owned by Brereton Jones, is one of Kentucky's leading thoroughbred nurseries and stallion stations.
- Spendthrift FarmcoreWicked Strong retired to Spendthrift Farm in Lexington, Kentucky in 2015 as a Grade 1 winner and stallion prospect. The partnership provides breeding placement for Centennial horses entering second careers as studs. Spendthrift is one of Kentucky's premier stallion facilities with innovative programs like 'Share the Upside' that provide breeding rights to early supporters.
- Thoroughbred Aftercare AlliancesupportingCentennial Farms is a longtime proud sponsor of the TAA's Best Turned Out Horse Awards at Gulfstream Park's Pegasus World Cup Day. The TAA is a 501(c)(3) nonprofit that accredits, inspects, and awards grants to approved aftercare organizations. Centennial's partnerships include funding for aftercare accounts.
- Middleburg Training CentercorePrivate training facility in Middleburg, Virginia where Centennial horses undergo early development and training under Paula Parsons' supervision. Horses receive initial education and preparation before joining racetrack operations with trainers Jimmy Jerkens and Todd Pletcher.
- Jimmy Jerkens RacingcoreJimmy Jerkens serves as primary trainer for Centennial horses on the NYRA circuit (Belmont, Saratoga, Aqueduct). With over $60M in career earnings and 20% win rate, Jerkens excels at developing young horses into stakes winners. The relationship spans multiple decades and multiple championship horses.
- Todd Pletcher RacingcoreTodd Pletcher trains select Centennial horses including Antiquarian and current 2-year-olds. Pletcher is one of the leading trainers in American racing. Horses begin training with Paula Parsons in Middleburg, then join Pletcher's Saratoga string for racetrack preparation.
- Jockey ClubsupportingThe Jockey Club is an industry organization that registers Thoroughbreds and maintains racing statistics. Centennial horses are registered through The Jockey Club, and the organization provides industry resources and racing information.
Scale indicators9 records
Recent moves6 records
Expansion highlights4 records
Centennial Farms competitors and assessment
Company assessmentOthers
- Airdrie Stud: Kentucky thoroughbred nursery and stallion station where Centennial placed Preservationist for his stud career. Adjacent ecosystem player with similar bloodstock quality focus rather than direct competition.
- Spendthrift Farm: Kentucky stallion farm that has partnered with Centennial (Wicked Strong retired there). Comparable equine operations but functions as a stallion station receiving horses rather than a syndicator; relevant as a channel partner.
Direct peers
- Klaravich Stables: Major U.S. thoroughbred racing operation racing horses in partnership across top circuits. Larger in scale but comparable in offering investors access to elite racing and producing graded-stakes winners.
- Siena Farm: Thoroughbred racing partnership operation based in Kentucky, offering investors co-ownership in racehorses with professional management. Comparable boutique partnership structure with similar target investor profile.
- Team Valor International: Thoroughbred racing partnership syndicator offering investors fractional ownership in racehorses, with an emphasis on international racing opportunities. Comparable product structure and investor base to Centennial.
- Starlight Racing: Racing partnership firm offering fractional ownership in elite thoroughbreds, partnering with top trainers like Todd Pletcher. Directly comparable boutique syndication model with overlap in trainer relationships.
- West Point Thoroughbreds: Largest U.S. thoroughbred racing partnership syndicator, selling shares in racehorses to individual investors with a similar fee-based model and trainer network approach. Most directly comparable business model to Centennial Farms.
- Three Diamonds Farm: Boutique thoroughbred racing and breeding operation offering partnership interests to investors. Similar scale, geographic footprint (Mid-Atlantic/Northeast), and partnership-driven revenue model.
Broad incumbents
- WinStar Farm: One of the largest thoroughbred racing and breeding operations in North America, with a stallion roster and racing partnerships. A broader incumbent that overlaps with Centennial's stallion-placement and partnership activities.
- Lane's End Farm: Premier Kentucky thoroughbred breeding farm and stallion station that receives retired Centennial horses (similar to Spendthrift and Airdrie). Comparable in stallion placement role and bloodstock expertise but operates at much larger scale.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Centennial Farms social profiles
Digital presenceCentennial Farms financial estimates
Financial estimateRevenue estimate
Valuation estimate
Centennial Farms leadership team
Management profileNumber of profiles
Centennial Farms funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Centennial Farms M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Centennial Farms
What does Centennial Farms do?
Centennial Farms creates and manages thoroughbred racing partnerships that allow high-net-worth individuals to co-own racehorses. The company acquires yearlings at premier sales (Keeneland, Fasig-Tipton), develops them through yearling training at its Middleburg, Virginia facility, and campaigns them at major racetracks (Saratoga, Belmont Park) under top trainers. Investors receive professional management of horse acquisition, training oversight, racing career management, breeding placement, and sale or syndication.
Is Centennial Farms a public or private company?
Centennial Farms is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Centennial Farms founded?
Centennial Farms was founded in 1983. It employs 1 to 10 people.
Where is Centennial Farms based?
Centennial Farms is headquartered in Beverly, United States, in the North America region.
How does Centennial Farms make money?
Three revenue lines are on record. Partnership Management Fees are the primary driver. The others are horse Sales Commissions and breeding Rights Revenue.
Who are Centennial Farms's main competitors?
Others on record are Airdrie Stud and Spendthrift Farm. Direct peers are Klaravich Stables, Siena Farm, Team Valor International, Starlight Racing, West Point Thoroughbreds and Three Diamonds Farm. Broad incumbents are WinStar Farm and Lane's End Farm.
Does Centennial Farms have an API?
No public API is recorded for Centennial Farms.
What industry is Centennial Farms in?
Centennial Farms's product category is Thoroughbred Racing Partnerships. Its primary akta.pro industry code is MPAEADAG, Racehorse Ownership, Syndication & Investment Platforms, with a secondary code of MPAEADAH, Breeding & Bloodstock (Stud Farms, Sales/Auctions). Its NAICS code is 11292 and its SIC code is 7948.