Celebrity chef Bobby Flay bought a minority interest in the colt We the People on Monday, an investment in the current betting favorite for the Belmont Stakes on Saturday.
The late purchase is a move that has paid off for Flay in the past, as he bought into eventual 2016 Belmont winner Creator just days before that year’s race. It was a moment he reflected on his press release.
“I’m thrilled to join the We the People team,” Flay said, via multiple outlets. “I have been an admirer of this colt since he started his career at the beginning of this year. I want to thank Lisa and Kenny Troutt of WinStar for giving me this exciting opportunity. Winning the 2016 Belmont with Creator will be a moment that me and my family will never forget.”
We the People had 2-1 odds to win the Belmont as of Friday afternoon. The colt has won three of four starts this year, including the Peter Pan last month – a Belmont prep race.
Flay joins an ownership group that includes WinStar Farm, a partner in the 2016 deal.
“We appreciate Bobby wanting to partner with us again,” WinStar president and CEO Elliott Walden said in a release. “He is great for the business, and a great partner.”