Maybe this article will spark some interest in the horse world and clipclop's potential.
The following article was run in Sundays Washington Post 5-7-00 on the
Off to the Races
They might not know a stirrup from a startup, a bridle from bandwidth, but representatives of Northern Virginia's new economy were out in force yesterday for the 75th running of the Virginia Gold Cup.
The steeplechase race, held in northern Fauquier County in the lushÿ Virginia countryside, is a Washington area institution that the region's monied attend to see and be seen.
But this year, as never before, it was where new money borne of the region'sÿ technology boom made its appearance, to drink mint juleps and cheer onÿ riders.
"I think it's amazing. Looking around, you see all this new money--new, quick money--and it's all out here," said Diego Paldao, a sales manager forÿ UUNET, an Ashburn-based Internet telecommunications company. "The old moneyÿ looks at the new money a little differently, I think."
On exclusive Member's Hill, tech executives joined the Duponts, Rockefellersÿ and Mellons who have populated the event for years. Companies such as Theÿ Washington Post fork out tens of thousands of dollars for a tent on theÿ knoll. The many well-known faces in this year's crowd included Ted Leonsis,ÿ an America Online Inc. executive and owner of the Washington Capitals, andÿ Steve Case, Dulles-based AOL's chief executive.
New money has shown a taste for Virginia hunt country. Case recently purchased a mansion in Fauquier County, following several other technology executives. And breeders in the area say that members of the Internet set are buying horses. "They seem to be more willing to part with their money so that they can tellÿ their friends, 'Hey guys, I've got a horse,' " said Michael Brown, a Culpeper breeder and trainer who served as an official for the race.
Melville Church III, the president of the Virginia Gold Cup Association, oneÿ of two organizations that produced yesterday's race and its fall counterpart, said there were important distinctions between the new crowd and the old-line families that once exclusively followed the races.ÿ "The difference between the new money and the old money is that the newÿ money has more money," he said, chuckling. "Old money's run out."
Just five years ago, virtually no technology companies sponsored the race orÿ corporate tents, according to records and longtime attendees. Yesterday, atÿ least seven such companies were represented. They in turn had brought clients and other guests to the race on buses. Much of wired Northern Virginia was represented.
Traditional sponsors have includedMercedes-Benz, banks and airlines. Those firms have been joined by the likes of software maker OneSoft, which took NationsBank's place this year as a race sponsor when it bowed out.
ÿ On Member's Hill, business cards were exchanged and conversation among the casually dressed tech crowd ranged from wireless Web systems to connectivityÿ issues. The older money crowd seemed to focus more on the race.
Some tech executives yesterday said they were at the race not only for the party scene, but because their presence would improve their image, wow clients and maybe attract business.
"It's a blue-chip list of sponsors, and we definitely believe we're ofÿ that caliber," said Fred Diamond, director of corporate marketing forÿ OneSoft.
"It's a great place to get out there and improve our image," said Tom Young,ÿ a OneSoft sales vice president, who glad-handed clients outside his tent,ÿ where hats with the company logo were distributed.
Growing tech participation also hinted at a "keeping up with the Gateses" phenomenon, some race organizers said.
In a part of Virginia where some people trace their lineage to the 1600s, the old guard greeted newcomers with gentility.ÿ "The Gold Cup's been a long tradition," said Virginius Randolphÿ Shackelfordÿ Jr., 81, who has attended the race since his law school days in the 1930s.ÿ "It seems that a lot of the new people know very little about horses andÿ steeplechasing. . . . But it's always interesting to see new blood."
Some race fans said they hoped that tech leaders would grow comfortable in the Piedmont.ÿ "We want them to be aware of what it means to be in the country," saidÿ Gerald Warren, a former editor of the San Diego Union-Tribune and a recent arrival to hunt country. He said that meant respecting horse sports andÿ the open space they preserve.
Not many of the several tech folks interviewed claimed to know much about horses or the fashions of the day, though.ÿ "There's a lot of wraparound sunglasses . . . cell phones and beepers,"ÿ saidÿ Jim Speros, Sideware's president, referring to the attire thatÿ distinguishedÿ many tech folks from the old guard, who tended toward seersucker suits andÿ linen. "It's the high-tech look. We come from a different culture."ÿ Surveying tents that tended to be more sedate than his raucous one, Sperosÿ said, "We're a horse of a different color." |