Roadrunner Racing, Boat Racing and Bill Strauss

Five football-playing fraternity brothers seeking a way to stay connected after graduating from Brown University in Providence, R.I., did just that by connecting with two veteran Thoroughbred owners in Southern California. Now all of them are having the ride of their lives with their Louisiana Derby winner Hot Rod Charlie.

“It’s astounding,” said Greg Helm, the managing partner of Roadrunner Racing, which owns 50% of Hot Rod Charlie after being convinced by bloodstock agent Dennis O’Neil to take a step away from claiming horses and take a shot with a yearling he liked. “Dennis has a good feel for the personnel groups that would fit together,” Greg said. “Thanks to him, we have a unique ownership.”

The world got a glimpse of this unique group immediately after Hot Rod Charlie won the Louisiana Derby. TVG’s Scott Hazelton was interviewing one of his owners, Bill Strauss, in the winner’s circle. Wildly enthusiastic and raspy after cheering his horse home, Bill fairly shouted, “This is what you get in the game for, to go to Kentucky on the first Saturday of May.” In the background, the brothers were jumping up and down on one another’s body as if they were, well, frat brothers playing boat racing—the beer chugging game they used to name their stable.

“We bring a youthful enthusiasm,” said Patrick O’Neil, the frat brother who is a nephew of Dennis and who bought Hot Rod Charlie as a yearling for $110,000, and his brother Doug, their trainer. 

What do the frat brothers get from their elder partners? “The best thing that happened from this is you get to meet a lot of great new people along the path,” Patrick said. “We are meeting so many amazing people in the world. We are attached to Greg and Bill, who have had very impressive careers. They became mentors to us.”

Working together? “We all have the same mindset about racing, about what’s important to us,” Greg said. “All the decisions that had to be made were unanimous and simple.”

Greg, a 73-year-old retired advertising agency owner, and his wife Glenna formed Roadrunner Racing with five other couples. At their golf club, they watched Hot Rod Charlie’s coming-out party in the 2020 Breeders’ Cup Juvenile, when he led late before finishing second by three-quarters to still unbeaten Essential Quality at 94-1. “They said they could hear the cheering miles away,” he said. “At 94-1, we were pretty pleased.”

His golf club, which had offered a special on its menu that afternoon—the Hot Rod Charlie (a spicy, crispy chicken sandwich)—made it a permanent lunch option. “They have a picture on the menu,” Greg said proudly.

He said of the partnership with Boat Racing, “We’re a pretty lively group ourselves. When you get around the Boat Racing people, it’s hard not to get further energized. We met all of them in New Orleans. That was fantastic. We all sat together, partied together and had lunch together.”

Now he has a horse that deserves a start in a Triple Crown race. “I can almost sleep,” he laughed. “It’s tough to get to sleep.”