Donald V. Little, Jr., President of Centennial Farms, announced today that Centennial Farms has restructured its management company. Centennial Farms Management Company Inc., which was formed in 1982 by the late Donald V. Little, Sr., will be closing down its operation over the next few years as the existing partnerships it formed wind down. Following the death of his father, Don Little realized new ownership was needed to continue its core business of managing racing partnerships. After a year of investigation and discussion with limited partners, Little and long-time friends and partners Peter and Peggy Horvitz have formed Centennial Farms, LLC.
Peter and Peggy, along with Peter’s mother, Lois, have been involved with Centennial since 1989 when their first partnership included Rubiano, the 1992 Eclipse Award winning Sprint Champion. “I think they were hooked after the incredible run we had with Rubiano,” Little said. Centennial’s core management team for 31 years of Little, Dr. Stephen Carr and Paula Parsons will continue to work together with the addition of the Horvitzes. Peter and Peggy also are co-owners of Centennial’s farm in Middleburg, Virginia, along with Don’s mother, Judy.
“We’re very pleased to join Don Little in the ownership of the new Centennial Farms,” the Horvitzes said. “Centennial has been a winner with horses like Rubiano, Colonial Affair and Corinthian, and we look forward to watching the next generation of Centennial horses finish first.”
“I am excited about the new Centennial Farms and working with the Horvitzes,” Don Little said. “They have a strong passion for the sport and the well-being of its athletes. Those were two of the most important traits we were looking for in potential new owners of the management company. We will continue working hard to cultivate new owners in this great sport and purchase top prospects at the select sales.”
Centennial made its presence known the first day of this year’s Keeneland September Yearling Sale purchasing three top tier colts by Tapit, Dynaformer and Tiznow, ranking it in the top ten leading buyers list for that day. These three colts make up the assets of its new 2013 Rising Star, LLC.
If interested in learning more about Centennial or its new 2013 Rising Star, LLC, please feel free to contact our office.
