Graded Stakes Winning Owners - Richard Nicolai (Fortune Farm) – Secret Money

Article by Bill Heller

Before he began in Thoroughbred racing, Richard Nicolai was a devout harness racing fan. Born in Pleasantville, New York, north of Yonkers, he spent many nights at Yonkers Raceway and Roosevelt Raceway. “I was always a horse lover—all kinds of horses,” he said. “I owned a few saddle horses. I rode.”

After getting married, he moved to Long Island, where he began and ran a business of manufacturing light fixtures for 35 years. He spent many nights at Roosevelt Raceway, which once hosted the top level of harness racing in the country. “I was there every night,” Nicolai said. “I had dinner every night at the Cloud Casino. It was so exciting to be under the lights. I loved everything about it.”

Then he got more involved, first by jogging horses, than training them on and off for three years. He had a chance meeting with legendary driver/trainer Billy Haughton one night at Wolverine Racetrack in Michigan. “I walked up to him, and we talked about racing for hours,” Nicolai said. “I learned so much from Billy Haughton. I was just a little guy with a couple of horses, and he treated me with respect. I’ll never forget it.” 

Ten years later, he got involved with Thoroughbreds, first with partners. His second Thoroughbred, Not So Fast, won the 2000 Stymie Handicap for trainer Bruce Levine. Not So Fast would post 10 victories, eight seconds and five thirds from 38 starts, making $318,777.

When he retired in 2019, he was happily able to devote himself exclusively to his horses. “The horses take all my time,” Nicolai said. He is happy to share that time with his wife, Lynn, their 44-year-old son Adam, an oral surgeon, and his 44-year-old daughter Hope, a dentist. “My wife loves it,” he said. “She comes to the sales and to the races. The kids are always watching our horses.”

He named his stable Fortune Farm, and he was the sole owner of Sue’s Fortune, a daughter of Jump Start out of Democrat Taxes by Catienus, who’s three victories in six starts included the 2018 Gr. 2 Adirondack Stakes at Saratoga for trainer Jeremiah Englehart. She was also second by three-quarters of a length in the $139,000 Jersey Girl Stakes. She earned $221,700. “She’s a home-bred,” Nicolai said. “I still have her mother.”

His partnership with long-time friends Bob Hahn and Matt Hand reached a high point with Secret Money, a Good Samaritan filly out of Awesome Humor by Distorted Humor, which they purchased as a two-year-old in May 2022, for just $40,000. Secret Money won a lot of money when he captured the $1 million Gr. 3 Big Ass Fans Music City Stakes by one length at Kentucky Downs, September 2. Brendan Walsh is her trainer.

Hahn was euphoric, watching the race from his home in Hilton Head, South Carolina: “My wife and I were screaming. We scared the neighbors. We’d never even been in a million-dollar race.”

He thanks his grandfather for his love of racing. “I was the designated go-along to make sure that he had company,” Hahn said.  “We went to Monmouth, Aqueduct and Keystone.”

He’s delighted with his partners: “Richard and Matt are the greatest guys to work with. They’re honest as the day is long. We all had our separate ways and decided to put our heads together.”

Nicolai said, “Bob is a breeder, as I am. He had a few good horses over the years. Matt is younger than us. He’s a very smart guy, very analytical and a great partner. We just bought two nice Street Sense fillies for $375,000 at the Keeneland September Yearling Sales.”

Nicolai said a lot of his success has been thanks to Travis Durr at the Travis Durr Training Center in St. Matthews, South Carolina: “He looks for yearlings for me. He starts with hundreds of horses and sends me a short list. That’s how we got Secret Money.”

Secret Money has three wins and a third from her first six starts with earnings of $740,311.

“We bought her very cheap,” Durr said. “We did the right thing by her. And it paid off. She’s a real nice filly.”

Durr said he and his wife, Ashley, who helps run the training center, have known the Nicolais, Richard and Lynn, for about 12 years: “In the past few years, he’s been doing more and more. He’s kind of stepped up and bought up, not relying just on home-breds. He’s trying to get a better horse. He’s got a lot of patience. He’s a great guy, a family guy. He’s got a lot of trust in us. We’ve gotten close to him and his wife. They’re like family.”

Nicolai now has 25 broodmares, half a dozen weanlings, four yearlings and six racehorses. “I’m a partner on another eight horses,” he said.

Walsh has done a great job with this filly. “We were looking for a good trainer with a good reputation with turf horses,” Nicolai said. “I’ve sent him several turf horses. We’ve been together for three years. I have good partners and a great trainer.”

And he loves horses as much as he ever did. “First of all, I love the competition. I got very interested in breeding and pedigrees. I study pedigrees. I have so much fun seeing how horses turn out. I enjoy that. My wife enjoys that, too.”

Graded Stakes Winning Owners - Michael Dubb – Therapist

Article by Bill Heller

Michael Dubb’s near 50-year voyage at Saratoga Race Course has been unique and complete. In 1973, at the age of 17, he slept in a van because he couldn’t afford a room to attend the races the following day. In 2021, the 65-year-old multiple leading owner in New York, who watches the races from his box seat, saw the opening of his Faith’s House, a daycare center at Saratoga Race Course for the children of backstretch workers that he built and donated so those children had an option other that sleeping in their parents’ car or spending their summers apart from their parents. Faith’s House is named for his mother.

Twenty years earlier, Dubb donated the materials and built Anna House, a daycare center at Belmont Park named for the daughter of late owner, Eugene Melnyk, who contributed $1 million to start the program. Anna House was the first program of any kind offering daycare for children of backstretch workers. Dubb has contributed renovations for both facilities.

Michael Dubb’s legacy won’t be the races he won, but the lives he changed. “It means a lot to me, more than winning races,” he said. “In racing, you need a foundation to win races. These kids needed a foundation for their lives.”

His would be a good one to emulate. 

The van he took to Saratoga was the same one he used for his fledgling landscaping business. “I bought my first landscaper when I was 16,” he said. “I slept in the van for a couple summers at Saratoga. I was in my van at Congress Park, and I got to listen to Richard Nixon resigning that August (1974).”

In 1985, Dubb began The Beechwood Organization, which has become the largest New York developer of family and multi-family attached housing. Beechwood has built more than 10,000 homes in 80 communities in New York City, Long Island, Saratoga Springs and North Carolina. Professional Builder magazine said Beechwood ranked 54th out of 240 housing giants and number 3 in New York in 2023. Dubb’s son Steven, is now a key player in Beechwood.

Dubb, a lifelong Long Islander, has spent much of his life giving back. He built homes for Long Islanders after Superstorm Sandy. The American Cancer Society, the American Jewish Committee, Family Service League, Rockaway Development & Revitalization Corporation, Mid Island YMCA/Jewish Community Center, Suffolk YMCA/Jewish Community Center, Tilles Center and Networking Magazine have honored Dubb for his philanthropy and community service.

While he has been a partner of top Thoroughbreds Monomoy Girl, British Idiom and Uni, he’s an astute horseman who has made a ton of claims—none more impressive than Therapist.

“He’s a pleasure,” Dubb said. “I competed against this horse for many years. I tried claiming him for $25,000, but I lost the shake. They put him in for $50,000. I got him. He’s just a hard-hitting older New York-bred horse. I’m fortunate to own one.”

Exactly three weeks after Dubb lost his $25,000 claim on a shake, Dubb claimed the eight-year-old gelding for $50,000 on June 20 at Gulfstream Park when he finished third as the 2-1 favorite. Switched from Geoge Weaver to Mike Maker, Therapist won a starter allowance on synthetic by 4 ½ lengths and the Gr. 2 Pan American on turf at Gulfstream. 

Sent to Churchill Downs, Therapist was a wide eighth in the Gr. 2 Louisville Stakes. At Ellis Park, he was second by a head in a $160,000 stakes. 

In the $600,000 United Nations at Monmouth Park, July 22, Therapist won his first Gr. 1, scoring by a length and a half in the mile-and-three-eighths stakes under Javier Castellano. In his last start, Therapist finished eighth in the mile-and-a-half Kentucky Downs Turf Cup. Dubb can live with that. Therapist’s U.N. score earned $360,000—more than seven times what Dubb paid to claim him.

 Of course, all his claims weren’t as successful. 

At Anna House and Faith’s House, all the children are given the tools to be successful. “We give them confidence to compete,” Dubb said.

Dubb conceived the idea of Anna House after Hall of Fame jockey Jerry Bailey told him that backstretch workers’ kids were sleeping in cars. “It just wasn’t right,” Dubb said. “We recognized the need for daycare. I worked with NYRA to find a location. It took about 18 months. We got Anna House built in seven weeks.”

More than 1,000 kids have passed through Anna House, which offers 365-daycare from 5 a.m. to 6 p.m. There are programs for infants from 5 a.m. to 1 p.m. and a school-age program from 3 p.m. to 6 p.m. Parents of the families are asked to make a “very small donation,” Joanne Adams, the Belmont Child Care Association executive director, said. “We write grants to assist us, and corporations help us.” 

 Asked of Dubb’s ongoing contributions to both Anna House and Faith’s House, Adams said, “It’s hard to imagine any of this without Michael.”

She continued, “He has a big heart. He cares about the people around him. He has shared his early life and what he did and how he worked hard to get where he is. He’s just a very caring person, exceedingly bright. He understands business, and he understands people. He’s happy when the people around him are happy.”

Dubb says of both daycare centers: “They’ve exceeded my wildest dreams, to see how incredibly happy the children are.”