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  • Wednesday, 03 Sep, 2025,
  • by Molly Haines

Reinvesting in the Sport

Twelve months ago, 27-year-old Josh Formosa and 30-year-old Korie Heinrich lived all trainers dream when their greyhound, Blue Kermaro, won the Million Dollar Chase. 
 
Both grew up in greyhound racing Josh from the Formosa family in Heathcote, and Korie, daughter of Andrea Dailly, part of one of the sport’s most successful kennels. 
 
That victory turned a $10,000 investment of owner Ben Peart into $1.18 million, but instead of stepping away, Josh and Korie doubled down reinvesting in the sport and their future with their share of Blue Kermaro’s winnings. 
 
“We aspire to win the big races, and to give ourselves the best opportunity to do it again,” Josh said. 
 
Since then, they’ve purchased a mix of race dogs and pups including El Rey, a son of Black Magic Opal, and litter brothers Flat Out Freddy and Never Ever Late, who have already posted wins at The Meadows and Ballarat.

Korie and Josh with Good To Go winning the Launching Pad Runway in 2022 at Sandown Park.

There’s also a pup named Gorringe (after Dan Gorringe of Dan Does Footy fame), who is due to debut tonight at Ballarat, plus two Barcia Bale x Kermaro pups – a repeat mating to Blue Kermaro, the dog that started it all. 
 
Josh’s advice for anyone looking to invest in greyhounds? 
 
“Do your research, back yourself, and look for dogs with stand-out traits like early speed or strength.” 
 
From one big win to building a racing team, Josh and Korie are proving that reinvesting in the sport keeps the dream alive and the winners coming. 

Molly HainesMolly Haines

Molly Haines

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