Barstool Sports Owner, Spa City Resident David Portnoy Buys a Racehorse at Saratoga Sale

SARATOGA SPRINGS — Barstool Sports Owner David Portnoy and New York-based businessman Adam Weitsman teamed up to purchase a racehorse at the 102nd Saratoga Sale this week.  

The 1-year-old yearling was vetted and procured by ZD Horse Racing and Management, which is owned by two-time Kentucky Derby winning trainer Nick Zito and Vice President Robert DiPippo.

The plan is to ensure that the 1-year-old gets superior training, nutrition and is properly acclimated for racing during the 2024 season.

The horse purchased by Portnoy and Weitsman – listed as #53 at the 102nd Saratoga Sale – sold for $250,000, according to sales figures supplied by Fasig-Tipton. The bay colt by Practical Joke was born on April 2, 2022.

Overall, the Saratoga Sale, held Aug. 7-8, resulted in 154 horses sold for just over $75 million, up from the 143 sales at just under $67 million in 2022.   

Barstool Sports founder Dave Portnoy is one of Saratoga Springs’ newest residents. In March, he purchased a ranch style home bounded by the Oklahoma Training Track for $1.4 million.

Adam Weitsman is owner and CEO of Upstate Shredding – Weitsman Recycling, – one of the largest scrap metal processors in the country and operates in 15 locations throughout New York and Pennsylvania. In addition to scrap metal recycling, Weitsman operates multiple restaurants in Skaneateles, according to Syracuse.com