Chip Reed is a Maryland native who has owned, bred, raced and bet horses since 1974. He and his wife Randy own the Corner Stable restaurants in Cockeysville and Columbia which both have a strong horse racing theme.
Reed is a 1969 graduate of Towson University and went to Johns Hopkins and Morgan State for graduate programs in business administration. He taught school in Baltimore County for two years and taught a freshman college course in advertising and marketing.
He has a strong business background, having owned a chain of video stores and a travel agency. He also was vice president for Freestate Raceway.
Reed owns eight horses in partnerships with trainers Dale Capuano and Joan Reynolds. In addition, he owns three broodmares, one yearling and two weanlings, all at Green Willow Farms in Westminster.
“I believe strongly in breeding and racing in Maryland,” he said. “All of my horses have been bred to race and are all Maryland-breds. “I have known good and bad years in the horse racing business. I understand how difficult it is to have a profit in horse racing. You have to love the game to handle the peaks and valleys.”
He said he’s been fortunate to race and breed good stakes horses including Bold Affair and Hunka Hunka Lori Z (in partnership with Mike Zanella) as well as Home Run Hitter, Oh Say Vicki, Oh Say Lou and his first stakes winner, Chip’s Dancer.
“In my opinion the major obstacles that we as a group need to overcome are, one, introducing horse racing to the younger generation and keeping them entertained when they come to the races, and two, improving amenities for the bettor, the lifeblood of our industry. If fans do not bet there will be no racing. And most important, keep improving the purse structure. Bigger purses mean larger fields, better handle and more income to all involved. I will work to keep improving the relationship among the track, the horsemen, the breeders and Annapolis to ensure that our purses stay competitive.”