Retired Hall of Fame jockey Gary Stevens announced his decision to sever ties with the Southern California-based Little Red Feather Racing syndicate Dec. 2, but both parties declined to make a statement regarding reasons for the split.
Stevens, who currently serves as an analyst for NBC Sports and TVG, inked a contract with Little Red Feather to serve as a consultant starting in February of 2006. His role in the new company included selecting horses, financing, and assisting with customer relations. According to Stevens' business manager, Kelly Weitsma of Equisponse, the Eclipse Award winner will remain involved in the Thoroughbred racing industry as an independent racing manager and bloodstock consultant.
Little Red Feather Racing, formed by Billy Koch in 2002, burst onto the horse racing scene in 2004 when Singletary, purchased for $30,000, captured the $1,500,000 NetJets Breeders' Cup Mile (gr. IT).