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DAP Racing
The ownership of California Chrome during his racing career was held by two entities. The first was DAP Racing, a horse racing partnership between Perry Martin, at the time from Yuba City, California, and Steve Coburn of Topaz Lake, Nevada, along with their spouses, Denise Martin and Carolyn Coburn. DAP stands for "Dumb Ass Partners"—a tongue-in-cheek response to a passerby who questioned their wisdom in purchasing the partnership's first racehorse, the mare Love the Chase, who became the dam of 2014 Kentucky Derby and Preakness Stakes winner California Chrome, her first foal. Coburn owned a 30% interest in the horse and in July 2015 sold his share to Taylor Made Farm. Following the sale, Martins and Taylor Made each sold "a few" shares in the stallion to "select breeders who would support the horse," forming the ownership syndicate California Chrome, LLC. The DAP partnership had jointly owned other horses, including California Chrome's full siblings and his dam, Love the ...
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California Chrome
California Chrome (foaled February 18, 2011) is a champion American Thoroughbred racehorse who won the 2014 Kentucky Derby, Preakness Stakes, and 2016 Dubai World Cup. He was the 2014 and 2016 American Horse of the Year. In 2016, he surpassed Curlin as the all-time leading North American horse in earnings won. Bred in California, the chestnut-colored horse was named for his flashy white markings, called "chrome" by horse aficionados. He was bred and originally owned by Perry Martin from Yuba City, California, and Steve Coburn of Topaz Lake, Nevada, who named their partnership DAP Racing, standing for "Dumb Ass Partners"—a tongue-in-cheek response to a passerby who questioned their wisdom in purchasing California Chrome's dam, Love the Chase. In 2015, Coburn sold his minority share to Taylor Made Farm, and a new ownership group, California Chrome, LLC, was formed. The horse is trained by the father–son team of Art and Alan Sherman. Dedicated fans—called "Chromies"—ac ...
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Reliability Theory
Reliability engineering is a sub-discipline of systems engineering that emphasizes the ability of equipment to function without failure. Reliability describes the ability of a system or component to function under stated conditions for a specified period of time. Reliability is closely related to availability, which is typically described as the ability of a component or system to function at a specified moment or interval of time. The reliability function is theoretically defined as the probability of success at time t, which is denoted R(t). This probability is estimated from detailed (physics of failure) analysis, previous data sets or through reliability testing and reliability modelling. Availability, testability, maintainability and maintenance, repair and operations, maintenance are often defined as a part of "reliability engineering" in reliability programs. Reliability often plays the key role in the cost-effectiveness of systems. Reliability engineering deals with the p ...
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Filly
A filly is a female horse that is too young to be called a mare. There are two specific definitions in use: *In most cases, a ''filly'' is a female horse under four years old. *In some nations, such as the United Kingdom and the United States, the world of horse racing sets the cutoff age for fillies as five. Fillies are sexually mature by two and are sometimes bred at that age, but generally, they should not be bred until they themselves have stopped growing, usually by four or five.Ensminger, M. E. ''Horses and Horsemanship: Animal Agriculture Series.'' Sixth Edition. Interstate Publishers, 1990. p. 149-150 Some fillies may exhibit estrus as yearlings. The equivalent term for a male is a colt. When horses of either sex are less than one year, they are referred to as foal A foal is an equine up to one year old; this term is used mainly for horses, but can be used for donkeys. More specific terms are colt for a male foal and filly for a female foal, and are used ...
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Syndicate
A syndicate is a self-organizing group of individuals, companies, corporations or entities formed to transact some specific business, to pursue or promote a shared interest. Etymology The word ''syndicate'' comes from the French word ''syndicat'' which means "trade union" (''syndic'' meaning "administrator"), from the Latin word ''syndicus'' which in turn comes from the Greek word σύνδικος (''syndikos''), which means "caretaker of an issue"; compare to ombudsman or representative. Definition The ''Merriam Webster Dictionary'' defines syndicate as a group of people or businesses that work together as a team. This may be a council or body or association of people or an association of concerns, officially authorized to undertake a duty or negotiate business with an office or jurisdiction. It may mean an association of racketeers in organized crime. It may refer to a business concern that sells materials for publication (newspaper, radio, TV, internet) in a number of outlet ...
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Magnetic Stripe Card
The term digital card can refer to a physical item, such as a memory card on a camera, or, increasingly since 2017, to the digital content hosted as a virtual card or cloud card, as a digital virtual representation of a physical card. They share a common purpose: Identity Management, Credit card, or Debit card. A non-physical digital card, unlike a Magnetic stripe card can can emulate (imitate) any kind of card. Other common uses include loyalty card and health insurance card; physical driver's license and Social Security card are still mandated by some government agencies. A smartphone or smartwatch can store content from the card issuer; discount offers and news updates can be transmitted wirelessly, via Internet These virtual cards are used in very high volumes by the mass transit sector, replacing paper based tickets and earlier MagStrip cards. History Magnetic recording on steel tape and wire was invented by Valdemar Poulsen in Denmark around 1900 for recording ...
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Rodeo
Rodeo () is a competitive equestrian sport that arose out of the working practices of cattle herding in Spain and Mexico, expanding throughout the Americas and to other nations. It was originally based on the skills required of the working vaqueros and later, cowboys, in what today is the western United States, western Canada, and northern Mexico. Today, it is a sporting event that involves horses and other livestock, designed to test the skill and speed of the cowboys and cowgirls. American-style professional rodeos generally comprise the following events: tie-down roping, team roping, steer wrestling, saddle bronc riding, bareback bronc riding, bull riding and barrel racing. The events are divided into two basic categories: the rough stock events and the timed events. Depending on sanctioning organization and region, other events such as breakaway roping, goat tying, and pole bending may also be a part of some rodeos. The "world's first public cowboy contest" w ...
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