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, and 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 near Laurel.
Reed, a current MTHA board member, owns horses in partnerships with trainers Phil Schoenthal, Tim Keefe and Joan Reynolds and has broodmares at Murmur Farm.
“I’ve really enjoyed my time on the board and feel that I’ve been very active and productive,” Reed said. “I have worked on the Purse Committee, the Fantasy Owner’s Day project, and attended meetings with the legislature to ensure that purses remain competitive and that our video lottery terminal revenue is protected.”
Reed said he believes strongly in breeding and racing Thoroughbreds in Maryland, and that all of his horses are Maryland-breds. Among the top horses he has bred and raced are 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.
Reed said he understands the economics of the business, and that a person “has to love the game to handle the peaks and valleys.”
He said he intends to continue working to ensure horsemen, racetracks, breeders and lawmakers maintain a positive relationship.
“I feel that the current board represents a good cross-section of all facets of our industry but our work is not done.”