Resolute Racing
Resolute Racing is a family-owned thoroughbred breeding and racing operation based in Midway, Kentucky, campaigning elite racehorses for high-net-worth owners and offering ownership partnerships and farm tour experiences to affluent racing enthusiasts.
- Company typePrivate
- Founded2023
- HeadquartersMidway, United States
- Headcount—
- GTM typeB2C
- OfferingServices
What Resolute Racing does
Resolute Racing is a privately held, family-owned thoroughbred horse breeding and racing operation headquartered on a 1,000-plus-acre farm in Midway, Kentucky — the historic former Shadayid Stud property acquired in December 2023. The company breeds, develops, and races elite Thoroughbreds, anchored by an exceptional broodmare band that includes Goodnight Olive (two-time Eclipse Award winner and Breeders' Cup winner), Queen Caroline (dam of G1 winner Forte), and Caravel (Breeders' Cup Turf Sprint winner), and a racing stable that has produced multiple graded stakes winners including Goliath, Excellent Truth, Woodshauna, and In Our Time. Resolute Racing operates as a vertically integrated racing enterprise rather than a pure breeder or seller, with a stated strategy of breeding to race.
The business generates revenue from three primary streams: (1) purse winnings from graded-stakes and allowance races at major North American tracks (Saratoga, Keeneland, Churchill Downs, Ellis Park) and international venues (France, Germany, Ireland, Australia, Japan, Argentina); (2) ownership partnerships in which external investors co-own racehorses in exchange for capital contributions and a share of racing proceeds; and (3) ancillary income from branded farm tours operated in partnership with Horse Country. The company supports a charitable arm through its wholly owned 501(c)(3) Racing to Rescue and an annual Poker for Ponies fundraiser that raised over $500,000 in 2025 for equine aftercare.
The operation is self-funded by owner John Stewart (Managing Partner of MiddleGround Capital), with no institutional capital, venture, or private equity exposure disclosed. In November 2025, Chelsey Stone Stewart assumed the CEO role from her father as part of a planned generational transition that also placed Andrew Stewart in operations and Sarah Stewart in marketing. The company is expanding capacity through a planned 1,300-acre footprint featuring a 400-stall training center with a European-style uphill gallop, signaling intent to compete at the highest international level including Royal Ascot.
Resolute Racing firmographics
Firmographics- Name
- Resolute Racing
- Legal name
- Resolute Racing
- Website
- https://www.resracing.com
- Company type
- Private
- Founded year
- 2023
- Operating status
- Operating
- Short description
- Resolute Racing is a family-owned thoroughbred breeding and racing operation based in Midway, Kentucky, campaigning elite racehorses for high-net-worth owners and offering ownership partnerships and farm tour experiences to affluent racing enthusiasts.
- Ownership category
- akta.pro rank
Resolute Racing industry classification
Industry- Product category
- Thoroughbred Horse Breeding and Racing
- NAICS
- Horses and Other Equine Production (11292)
- SIC
- Agricultural Prod-Livestock & Animal Specialties (200)
- akta.pro primary industry
- Horse Breeding & Stud Farms (AFAEAGAA)
- akta.pro secondary industries
- Racehorse Ownership, Syndication & Investment Platforms (MPAEADAG), Yearling/Weanling Raising & Sales Prep (AFAEAGAD), Mare Management & Foaling Operations (AFAEAGAC), Training, Stables & Equine Services (MPAEADAI)
Keywords
Where Resolute Racing is headquartered
LocationHeadquarters
- HQ city
- Midway
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Resolute Racing business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Supply Chain, Infrastructure, Marketing or Sales
Revenue model
- Horse Racing Winnings: Revenue generated from prize money earned by racehorses competing at various racetracks including graded stakes events at major venues like Saratoga, Keeneland, Churchill Downs, and international locations.
- Horse Breeding and Sales: The company breeds and races thoroughbred horses with a strategy focused on racing homebreds rather than selling. However, they have participated in sales purchasing yearlings and 2-year-olds, with notable purchases including a $3 million Into Mischief colt.
- Ownership Partnerships: Resolute Racing offers partnership opportunities where external investors can co-own racehorses, providing capital for horse acquisitions and racing operations in exchange for ownership stakes and racing proceeds.
Go-to-market motion1 record
Distribution channels4 records
Marketing channels6 records
Resolute Racing product offering
Product offeringCore offering
Resolute Racing breeds, develops, and campaigns elite thoroughbred racehorses from its 1,000+ acre farm in Midway, Kentucky. The company sells fractional ownership partnerships to outside investors, offers guided farm tour experiences through the Horse Country platform, and runs a 501(c)(3) equine aftercare nonprofit (Racing to Rescue) and an annual Poker for Ponies charity tournament during Kentucky Derby Week.
Product overview
Resolute Racing operates as a unified Thoroughbred breeding and racing enterprise built around its core horse racing operations. The company breeds, develops, and races elite Thoroughbred horses from its Kentucky farm, supported by complementary services including farm tour experiences (The Making of a Racehorse, Fast Cars and Fast Horses), ownership partnership programs, and charitable initiatives through its Racing to Rescue nonprofit and Poker for Ponies fundraiser.
Differentiator
Problem solved
Functional benefit
Products and services
- Thoroughbred Breeding and Racing Operations Core business of breeding, developing, and racing elite Thoroughbred horses from the Kentucky farm. The operation manages broodmares, yearlings, 2-year-olds in training, and active racehorses campaigned at major North American and international racetracks.
- Ownership Partnerships Racehorse ownership partnership program offering shared racing ownership opportunities with top-tier horsemanship, elite bloodlines, transparent communication, and community connection. Open to outside investors who co-own racehorses and share in racing proceeds.
- Farm Tours
Quantifiable outcome
- G1 Grosser Preis von Baden winner - Goliath
- +2 more outcomes
Companies that use Resolute Racing
Customer profileSegments1 record
Ideal customer profiles2 records
Resolute Racing technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Resolute Racing partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core and minor.
- Horse CountrycoreResolute Racing partnered with Horse Country to offer exclusive farm tours to the public. The tours include 'The Making of a Racehorse' experience and 'Fast Cars and Fast Horses' tours featuring John Stewart's private car collection. These tours provide transparency and public engagement with the racing operation.
- Racing to RescuecoreRacing to Rescue is Resolute Racing's own 501(c)(3) nonprofit organization founded by John, Chelsey, and Sarah Stewart. The foundation is dedicated to transforming the future of equine aftercare, providing safe landing, professional rehabilitation, and responsible rehoming for horses in need. Poker for Ponies is their flagship annual fundraiser.
- Thoroughbred Aftercare Alliance (TAA)minorResolute Racing supports the Thoroughbred Aftercare Alliance, an accredited organization that sets standards for aftercare programs and certifies facilities meeting those standards.
- New Vocations Racehorse Adoption ProgramminorResolute Racing partners with New Vocations, the nation's largest racehorse adoption organization, to retrain and rehome retired thoroughbreds. Several horses from Resolute's program have been successfully transitioned through New Vocations.
- Second StrideminorKentucky-based nonprofit adoption program that Resolute Racing supports as part of their aftercare commitment, helping retired thoroughbreds transition into new careers.
- Thoroughbred Charities of America (TCA)minorResolute Racing supports TCA, which distributes grants to organizations working in retirement, retraining, rehoming, and backstretch worker assistance programs across the thoroughbred industry.
Scale indicators3 records
Recent moves9 records
Expansion highlights5 records
Resolute Racing competitors and assessment
Company assessmentDirect peers
- WinStar Farm: Elite Kentucky-based thoroughbred breeding and racing operation owning premium stallions and racing partnerships, directly comparable to Resolute's model of breeding-to-race with elite bloodstock.
- Three Chimneys Farm: Premier Kentucky thoroughbred farm operating stallion and broodmare bands with significant racing participation, comparable in scale and breeding-to-race orientation to Resolute.
- Stonestreet Farm: Family-owned Kentucky thoroughbred operation with elite broodmare band and active racing campaign, closely comparable to Resolute in ownership structure and breeding philosophy.
- Lane's End Farm: Major Kentucky thoroughbred farm with stallion, broodmare, and racing operations serving commercial breeders and racing partnerships — a direct structural peer to Resolute.
- Claiborne Farm: Historic Kentucky thoroughbred operation with elite stallion roster and racing partnerships, comparable to Resolute in breeding-to-race orientation and premium bloodstock positioning.
- Hill 'n' Dale Farms: Kentucky-based thoroughbred farm with stallion, broodmare, and racing divisions offering ownership opportunities — structurally similar to Resolute's combined breeding, racing, and partnership model.
- Spendthrift Farm: Major Kentucky thoroughbred farm offering stallion shares, breeding partnerships, and racing participation, directly comparable to Resolute's partnership-driven GTM.
- Ashford Stud: Coolmore's Kentucky-based thoroughbred stallion operation breeding elite racehorses, directly comparable to Resolute in stallion/mare band structure and US-based premium positioning.
Broad incumbents
- Coolmore Stud: World's largest thoroughbred breeding operation with global stallion and racing operations across multiple continents — a broader incumbent competing with Resolute in elite bloodstock markets globally.
- Godolphin: Global thoroughbred racing and breeding empire owned by Sheikh Mohammed, competing at the highest levels internationally — analogous to Resolute's global racing footprint but at vastly larger scale.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights6 records
Customer concentration
Resolute Racing social profiles
Digital presenceResolute Racing financial estimates
Financial estimateRevenue estimate
Valuation estimate
Resolute Racing leadership team
Management profileNumber of profiles
Profiles5 records
Resolute Racing subsidiaries and ownership
Company hierarchySubsidiaries2 records
Resolute Racing funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Resolute Racing 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 Resolute Racing
What does Resolute Racing do?
Resolute Racing breeds, develops, and campaigns elite thoroughbred racehorses from its 1,000+ acre farm in Midway, Kentucky. The company sells fractional ownership partnerships to outside investors, offers guided farm tour experiences through the Horse Country platform, and runs a 501(c)(3) equine aftercare nonprofit (Racing to Rescue) and an annual Poker for Ponies charity tournament during Kentucky Derby Week.
Is Resolute Racing a public or private company?
Resolute Racing is a private company. It is classified as family owned and is currently operating.
When was Resolute Racing founded?
Resolute Racing was founded in 2023.
Where is Resolute Racing based?
Resolute Racing is headquartered in Midway, United States, in the North America region.
How does Resolute Racing make money?
Three revenue lines are on record. Horse Racing Winnings are the primary driver. The others are horse Breeding and Sales and ownership Partnerships.
Who are Resolute Racing's main competitors?
Direct peers on record are WinStar Farm, Three Chimneys Farm, Stonestreet Farm, Lane's End Farm, Claiborne Farm, Hill 'n' Dale Farms, Spendthrift Farm and Ashford Stud. Broad incumbents are Coolmore Stud and Godolphin.
Does Resolute Racing have an API?
No public API is recorded for Resolute Racing.
What industry is Resolute Racing in?
Resolute Racing's product category is Thoroughbred Horse Breeding and Racing. Its primary akta.pro industry code is AFAEAGAA, Horse Breeding & Stud Farms, with a secondary code of MPAEADAG, Racehorse Ownership, Syndication & Investment Platforms. Its NAICS code is 11292 and its SIC code is 200.