A New York-based racing syndicate subsidiary of International Equine Acquisitions Holdings Inc.
Founded in 2003 as a full-service syndicate manager dealing in breeding, pinhooking and racing
Owned and managed by Michael Iavarone, 37, originally from Bethpage, N.Y. and Richard Schiavo, 58, originally from Brooklyn
Iavarone sold penny stocks for four brokerage firms for seven years and was a day trader when he teamed with Schiavo, a former chief administrative officer with Smith Barney, in 2003
Has attracted such high-profile partners as Los Angeles Dodgers manager Joe Torre and former Red Sox manager Don Zimmer
Biggest stars: 2008 Kentucky Derby and Preakness winner Big Brown, 2007 Breeders' Cup Mile and 2008 Gulfstream Park Turf winner Kip Deville, star female sprinter Shaggy Mane, Grade 1 and Sunshine Millions-winning sprinter Benny the Bull, Grade 1-winning filly Wonder Lady Anne L and Stardom Bound, winner of the 2008 Breeders' Cup Juvenile Fillies
Syndicate claims earnings of more than $10 million in 2008, although many of their top performers are owned in partnership