NYRA/Susie Raisher

When Jay Hanley met Sol Kumin at a cocktail party on Nantucket several years ago, the talk quickly turned to horse racing, the former having grown up going to the track, the latter knowing nothing about it.

Intrigued, Kumin proposed creating a partnership to buy some horses, an idea about which Hanley was enthusiastic, with one stipulation.

“I said, ‘As long as I can manage the partnership and make the decisions, at least at first, until you get educated about the sport,’” Hanley related.

Kumin agreed, a pretty good call on his part, considering that the first horse that Hanley purchased for the new partnership was the undefeated Lady Eli.

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