Casino Company Partnership Secures Deal To Purchase Delaware Park

Clairvest Group Inc. (TSX: CVG) today announces that it, together with Clairvest Equity Partners VI and a newly-formed subsidiary of Rubico Gaming LLC, run by experienced gaming investor Thomas Benninger, has agreed to acquire the Delaware Park casino and racetrack business.

Delaware Park is a racino in Wilmington, Del., serving the Delaware market and parts of the Maryland, New Jersey, and Pennsylvania markets. The property has been owned by the Rickman family since 1983 and consists of over 100,000 square feet of gaming space with slot machines, table games, and poker tables.

The closing of the transaction is subject to, among other things, obtaining regulatory approvals. The parties expect the closing to occur by the end of calendar year 2021.

Upon Closing, this will represent the 30th casino/racino in which Clairvest has held an ownership interest and Clairvest's 14th platform investment in the gaming industry.

About Clairvest
Clairvest's mission is to partner with entrepreneurs to help them build strategically significant businesses. Founded in 1987 by a group of successful Canadian entrepreneurs, Clairvest is a top performing private equity management firm with over CAD $2.5 billion of capital under management. Clairvest invests its own capital and that of third parties through the Clairvest Equity Partners limited partnerships in owner-led businesses. Under the current management team, Clairvest has initiated investments in 56 different platform companies and generated top quartile performance over an extended period.

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Can’t Catch Corniche in the Juvenile

DEL MAR, CA – Following the unfortunate vet scratch of speedy morning-line favorite and 'TDN Rising Star' Jack Christopher (Munnings), unbeaten 'TDN Rising Star' Corniche (Quality Road) had things his own way on the front end and ran to the money as the 7-5 favorite for Hall of Famer Bob Baffert in Friday's GI Breeders' Cup Juvenile at Del Mar.

Drawn widest of all in post 11, the $1.5-million OBS April topper shot out to the front beneath “Big Money” Mike Smith and cleared the field heading into the first turn. The Speedway Stables colorbearer sped through fractions of :23.03 and :46.15, kicked for home as the one to catch and kept finding down the lane to account for longshot Pappacap (Gun Runner) by 1 3/4 lengths. It was another 1 1/2 lengths back to Giant Game (Giant's Causeway) in third.

Corniche and Pappacap were also one-two across the line in Santa Anita's GI American Pharoah S. Oct. 1, the former's first try around two turns. Corniche previously rolled to a 'Rising Star' performance sprinting 5 1/2 furlongs on debut at Del Mar Sept. 4.

This is the fifth Breeders' Cup Juvenile victory for Baffert and 18th Breeders' Cup win overall.

“I knew from the [11]-hole that he was going to have to use him harder than he'd like to,” Baffert said. “Mike [Smith] is a great rider. I love him on a horse like that. You never know how good they are until you put them in a situation like that. He just kicked back in and held those horses off. It's so hard to win these races, especially when you have a favorite and you win. It's exciting. These young horses are what our whole program is about. It's a great win for the owners. I have tremendous clients.”

Baffert added, “Turning for home, this horse has a beautiful way of [going], he just, his movement, he just jumps a long ways. His mechanics, he almost has mechanics like American Pharoah. He's just got that long, loping stride. He covers a lot of ground.”

Baffert continued, “I felt bad for Chad Brown [trainer of Jack Christopher] when I heard that because I have been in those positions and you don't want to see that. You see horses scratching and it takes away from the Breeders' Cup–these races are really hard to win. You have to be lucky. You have to have a good horse. There's not a lot of margin for error.”

Smith, the all-time winningest rider in World Championships history, piloted his 27th Breeders' Cup winner aboard Corniche and third overall in the Juvenile.

“The only thing I was worried about was that he got hotter [before the race] than he ever had,” Smith said. “It just made me get calmer. I don't think I have ever been so calm in a big race. I just sat really still, he caught a flyer leaving the gate and just left him alone.”

As Medina Spirit's GI Kentucky Derby win remains in the balance due to a well-documented betamethasone positive, horses trained by Baffert were subject to enhanced scrutiny for this weekend's Championships. Furthermore, with Baffert banned from Churchill Downs Inc. racetracks for three years, Corniche didn't earn any points on the Road to the Kentucky Derby in Friday's Juvenile, which offered 20-8-4-2 points.

“Well the Derby is a long ways off, so right now my focus was just getting here and we'll see how it plays out,” Baffert said. “And there's still a lot of things going on and so… and, really, there's not much to talk about that right now, just, like I said, the main thing is to keep him healthy, that's number one, we have a really good horse, and we have to keep him healthy and the Derby, that's a long ways off still, so a lot can happen between now and then and we'll see how it–we got to see how it plays out.”

Peter Fluor and K.C. Weiner's Speedway Stables have also campaigned the Baffert-trained GISW Collected, runner-up to Gun Runner in the 2017 GI Breeders' Cup Classic at this venue. The duo continued to show their support for Baffert in the post-race press conference.

“Actually, K.C. and I never thought about moving the horse to a different trainer,” Fluor said. “We talked to Bob right after we bought the horse, he liked the horse, and so the horse was always coming to Bob. And three races and kind of look how he's done, so, with a great deal of thanks to Bob, and that's where we are.”

Fluor added, “This race was such a big race for Corniche and what it means to him and his 2-year old standing. And we have said–and Bob's doing a great job and we have a better chance of winning this race with our friend Bob Baffert and that's what happened. So we're kind of enjoying moment and down the road we'll focus on that later on, but thank you.”

Pedigree Notes:

Corniche–the $1.5-million OBS April topper selected by Speedway advisor Marette Farrell–is one of 51 stakes winners/28 graded stakes winners/12 Grade I winners for Quality Road. Quality Road is also the sire of fellow Breeders' Cup winners: Caledonia Road, City of Light and Hootenanny. Corniche, a son of six-time GSW and GI Matriarch S. runner-up Wasted Tears (Najran), was led out unsold on a bid of $385,000 at KEESEP last year, but turned in a smooth sales breeze in :10 flat to become one of two horses to eclipse the seven-figure barrier in Ocala. Wasted Tears, also responsible for the late stakes-placed Coffee Crush (Medaglia d'Oro), had a filly by Mendelssohn in 2020. She brought $750,000 from B.B.E. at this year's Keeneland September sale. Speedway Stables and Baffert also teamed up for a win with Quality Road's 'Rising Star' Roadster in the 2019 GI Santa Anita Derby and a runner-up finish in the GI Malibu S.

Friday, Del Mar
TVG BREEDERS' CUP JUVENILE PRESENTED BY THOROUGHBRED AFTERCARE ALLIANCE-GI, $1,840,000, Del Mar, 11-5, 2yo, c/g, 1 1/16m, 1:42.50, ft.
1–CORNICHE, 122, c, 2, by Quality Road
                1st Dam: Wasted Tears (MGSW & GISP, $941,463),
                                by Najran
                2nd Dam: Wishes and Roses, by Greinton (GB)
                3rd Dam: Anniversary Wish, by Beau's Eagle
'TDN Rising Star'. ($385,000 RNA Ylg '20 KEESEP; $1,500,000
2yo '21 OBSAPR). O-Speedway Stables LLC; B-Bart Evans &
Stonehaven Steadings (KY); T-Bob Baffert; J-Mike E. Smith.
$1,040,000. Lifetime Record: 3-3-0-0, $1,262,000. Werk Nick
Rating: A. Click for the eNicks report & 5-cross pedigree.
2–Pappacap, 122, c, 2, Gun Runner–Pappascat, by Scat Daddy.
O/B-Rustlewood Farm Inc (FL); T-Mark Casse. $340,000.
3–Giant Game, 122, c, 2, Giant's Causeway–Game for More, by
More Than Ready. ($500,000 Ylg '20 FTKSEL). O-West Point
Thoroughbreds and Albaugh Family Stables LLC; B-H. Allen
Poindexter (KY); T-Dale L. Romans. $180,000.
Margins: 1 3/4, 1HF, 2HF. Odds: 1.40, 15.10, 21.90.
Also Ran: Commandperformance, Oviatt Class-(DH), Pinehurst-(DH), American Sanctuary, Double Thunder, Barossa, Jasper Great, Tough to Tame. Scratched: Jack Christopher.
Click for the Equibase.com chart, the TJCIS.com PPs or the free Equineline.com catalogue-style pedigree. VIDEO, sponsored by TVG.

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Flay Homebred Pizza Bianca Gives Clement First Cup Victory In Juvenile Fillies Turf

Last of 14 runners with a quarter mile to run, Bobby Flay's homebred Fastnet Rock filly Pizza Bianca was masterfully guided through a narrow opening along the inside by jockey Jose Ortiz and accelerated powerfully in the final furlong to score a half-length victory over Irish-bred Malavath in the Grade 1, $1 million Breeders' Cup Juvenile Fillies Turf on Friday at the Del Mar Thoroughbred Club in Del Mar, Calif.

The Juvenile Fillies Turf was one of five Breeders' Cup races for 2-year-olds on what has come to be known as Future Stars Friday. The championships continue on Saturday, culminating with the $6-million Classic, last of nine Breeders' Cup races on the day.

The win by Pizza Bianca ended a long string of frustrating losses in the world championships for trainer Christophe Clement, who was 0-for-40 in Breeders' Cup races entering the day. An earlier loss by Derrynane in the Juvenile Turf Sprint extended that streak to 0-for-41 – the most defeats by any trainer who had yet to win one of the 14 Cup races.

Coming off a second-place finish in the G1 Natalma Stakes at Woodbine on Sept. 19, Pizza Bianca was winning for the second time in three starts. She covered one mile on firm turf in 1:36.08 and paid $21.80 on a $2 win mutuel.

Runner-up Malavath finished a neck in front of Haughty, one of two entrants in the Juvenile Fillies Turf for trainer Chad Brown, who was gunning for his sixth victory in this race in its 14th running. Irish-bred Cachet finished a head back in fourth, with another Irish-bred, Hello You, finishing fifth.

They were followed by Consumer Spending, Koala Princess, Helens Well, Cairo Memories,Mise En Scene, California Angel, Bubble Rock, Sail By and Turnerloose.

The win was the second in a Breeders' Cup race for celebrity chef Flay, who won this same event with Todd Pletcher-trained More Than Real in 2010.

Turnerloose and Florent Geroux tried to make the early running but were beaten to the punch by Luis Saez aboard Cachet, who set fractions of :23.59 for the opening quarter mile, :47.84 for the half and 1:11.85 through six furlongs.

Ortiz and Pizza Bianca were fourth from the rear as the field hit the backstretch, and were shuffled further back approaching the far turn. With a quarter mile to run, Ortiz could see the entire field in front of him. He slipped through an opening inside of a second Brown entrant, Consumer Spending at the top of the stretch, then swung outside a path to overtake the front-running Cachet inside the furlong pole. Malavath, racing along the rail, was passed by Pizza Bianca at the top of the stretch, then re-rallied in the final sixteenth to make it close at the end.

Breeders' Cup Juvenile Fillies Turf chart

“If I go outside I was going to be eight, nine wide and that wasn't the plan,” said Ortiz. “The only instruction they gave me was to save ground. And I stick to it and when we hit the three-sixteenth pole she did a beautiful turn of foot, I knew I had a shot to win the race. And at that point, passing the eighth pole, I knew I was going to go between those two horses because the turn that she gave me, I knew I was going to go blow by them and I was going to play them easy.”

Ortiz was riding the filly for the first time after Joel Rosario opted for Koala Princess, who went off the 9-2 favorite but was never a factor while finishing seventh.

“I watched the replays, I did my homework,” Ortiz said. “The filly is a very nice filly, she run second behind a very, very talented filly (Wild Beauty) last time at Woodbine. I talked to Christophe this morning and said, I told him what I wanted to do. I said, Christophe, I want to break good, save ground, use her a little bit out of the one hole and take some solid position. He said, I agree with you a hundred percent that's what I want to do also. Things didn't work out like I wanted, I wanted to be closer two or three, but she was very comfortable to where she was.”

“Very nice. Great win. I'm delighted,” said Clement. “I was surprised with (agent) Ron Anderson and Rosario didn't ride the filly because we always thought that she a nice one and she proved us right today. I'm absolutely thrilled with the confidence showed in us. It's nice.”

“He's the best trainer in the world that hasn't won the Breeders' Cup, and I'm glad that that story's over,” said Flay. “He is a very deserving trainer. He's so great at what he does, cares so much about his horses … clearly pays attention to every detail.

“His team, his son Miguel, his assistant, who is also named Christophe, I mean, these guys eat and sleep these horses, and to be part of a victory for them, their first victory in the Breeders' Cup, it's a very special feeling.”

Flay purchased Pizza Bianca's mare, White Hot (by Galileo) for approximately $2.1 million as a yearling in 2014.at Tattersalls in England. Though she never made it to the races herself, she has now produced a Breeders' Cup winner with her very first foal.

Additional Post-Race Quotes:

Trainer Francis-Henri Graffard (second with Malavath (IRE)) – “I'm absolutely delighted with the run. She gave it her all. It's obviously disappointing to be narrowly beaten however I'm very proud of the filly. She's going to be even better next year.”

Jockey Ryan Moore (second with Malavath (IRE)) – “Ran a great race. She's a very good horse.”

Trainer Chad Brown (third with Haughty) – “Tyler (Gaffalione) rode a great race from that post. I was very happy with the trip. I think, in the end, the three weeks' rest really did me in. She made a really big jump in her numbers from her first to her second race and I think I just didn't have enough space between races. Not every horse can do that back in three weeks. I think that's where she lost a little bit of the starch from the quarter-pole home.”

On Consumer Spending, sixth – “She got a good trip inside and she ran fine. Flavien (Prat) remarked that she probably wants to go a little bit farther. She might not be up to this class level.”

Jockey Tyler Gaffalione (third with Haughty) – “I felt real confident coming into the stretch. She gave me a nice kick but it wasn't enough to hold off the closers. It was a great performance coming off the maiden victory.”

Jockey Joel Rosario (seventh on beaten favorite Koala Princess) – “She ran well but hung a little bit. I got stopped a little bit right before the quarter pole but what can I say? We will try another time.”

Jockey Luis Saez (fourth with Cachet– “She ran big. I thought she was going to win but she just got tired at the end. She tries so hard and gave me everything. I'm grateful to have been given the opportunity to take the ride.”

Trainer George Boughey (fourth with Cachet) – “I thought for a minute we were going to win. Luis gave her a fantastic ride. I was delighted with her coming over. Her preparation was excellent. She's only two years old and will be better at three. She's going to be really exciting next season.”

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Pizza Bianca Gets Clement Off the Schneid

In the 1997 Breeders' Cup not far away at old Hollywood Park, trainer Christophe Clement made a favorable impression with his first-ever starter at the championships, sending out Allen Paulson's Flag Down (Deputy Minister) to a sound third-place effort behind Chief Bearhart (Chief's Crown) in the GI Breeders' Cup Turf. Thirty-nine starters had represented the stable in the 22 years since, each walked back to the barn a defeated animal.

You couldn't have faulted the Frenchman if he'd begun to feel a bit like the late Bobby Frankel, who saddled 36 starters in the Breeders' Cup before Squirtle Squirt (Marquetry) snapped his own dubious streak in 2001. But for trainers as capable as Christophe Clement, skids like this are bound to end sooner and not later, and so it was Friday afternoon when Pizza Bianca (Fastnet Rock {Aus}), a homebred for celebrity chef and Breeders' Cup ambassador Bobby Flay, slalomed home down the Del Mar lane to give the owner a second win in the GI Breeders' Cup Juvenile Fillies Turf, joining 2010 victress More Than Real (More Than Ready). Ryan Moore worked out a good trip from an awkward draw aboard French raider Malavath (Ire) (Mehmas {Ire}), whose rails run through the final furlong fell just short, while 'TDN Rising Star' Haughty (Empire Maker), who just snuck into the race, finished a promising third.

Pizza Bianca was the recipient of a very quiet Joel Rosario ride at just over 5-1 on Saratoga debut July 22, and came with a wide sweep off no pace whatsoever to outfinish odds-on Expand the Map (Ire) (Dark Angel {Ire}) by three-parts of a length. Tested for class in the GI Natalma S. at Woodbine Sept. 19, the homebred was more forwardly placed while clipping the hedge  for the opening half-mile, traveled nicely into the race nearing the straight and was short of room a furlong and a half out before boxing on gamely for second to Godolphin's Wild Beauty (GB) (Frankel {GB}), who'd have likely gone favored for Friday's race had she made the trans-Atlantic journey.

With Rosario opting for the undefeated Koala Princess (More Than Ready)–somewhat surprisingly sent off the betting favorite at 9-2–Jose Ortiz inherited the ride on Pizza Bianca, and the duo was off to an uneventful beginning from gate one. Allowed to drift back through the field, the dark bay raced with about three behind early as the positively ridden G1 Fillies' Mile third Cachet (Ire) (Aclaim {Ire}) set a moderate pace in advance of Turnerloose (Nyquist), with Mise En Scene (Ire) (Siyouni {Fr}) posted three wide for Oisin Murphy. With only GII JP Morgan Chase Jessamine S. upsetter California Angel (California Chrome) in her rear-view passing the half-mile pole, Pizza Bianca was outfooted into the turn by the latter, relegating her to last with three furlongs to race, but she nevertheless traveled strongly, appearing only to need somewhere to run when push came to shove.

Sent through an opening one off the fence between the rail-skimming Malavath and Consumer Spending (More Than Ready) as they neared the eighth pole, Pizza Bianca hit another gear to whoosh past a stubborn front-running Cachet and Hello You (Ire) (Invincible Spirit {Ire}) with time ticking away and flashed under the wire first.

“Very nice. Great win,” said Clement. “I'm delighted. I was surprised [agent] Ron Anderson and Rosario didn't ride the filly because we always thought that she a nice one and she proved us right today. I'm absolutely thrilled with the confidence showed in us. It's nice.”

Pedigree Notes:

On behalf of Flay, renowned bloodstock agent James Delahooke went to 1.25 million guineas ($2,122,050) for White Hot at the 2014 Tattersalls October Yearling Sale. The fifth-priciest offering in Book 1, White Hot was, at the time, a half-sister to 2011 G1 Investec Derby hero Pour Moi (Ire) and to MGSW & MG1SP Gagnoa (Ire) (Sadler's Wells). Flay entered White Hot carrying to Fastnet Rock (Ire) in the 2017 Tattersalls December Mares sale, but elected to withdraw her and that decision had proved fruitful, even prior to Friday's event.

Gagnoa's foal of 2017, the filly Etoile (War Front), took out the G3 Juvenile Fillies Sprint at Naas in 2019, while the current 2-year-old colt out of Gagnoa, Ancient Rome (War Front), has done his part to flatter the family with a victory in this year's G3 Prix des Chenes and runner-up efforts in the G1 Prix Jean-Luc Lagardere and G1 Criterium International this season. White Hot's full-brother Dawn Patrol (Ire) was the winner of the G3 Loughbrown S. and was third in the G1 Irish Derby in 2020. This is also the female family of G1 Epsom Derby hero Lammtarra, Hector Protector and Bosra Sham, et al.

Pizza Bianca is the first Breeders' Cup winner for the exceptional dual-hemisphere stallion Fastnet Rock (Aus) (Danehill) and is his seventh championship starter from his Northern Hemisphere-foaled crops. Pizza Bianca is the 42nd top-level winner for her sire, joining GI Man O'War S. heroine Zhukova (Ire), who is also out of a Galileo mare. She is also the stallion's 182nd worldwide black-type winner and 114th graded/group winner. Pizza Bianca is a mind-boggling 227th SW, 123rd GSW and 37th G1/GISW out of a daughter of the late Galileo. Cover Song, a daughter of Misty For Me (Ire) (Galileo {Ire}), won the 2016 GIII Autumn Miss S. for Spendthrift Farm and was purchased by Flay (James Delahooke, agent), for $1.6 million at FTKNOV a short time later. He RNAd Cover Song, in foal to Dubawi (Ire), for $3.9 million at FTKNOV in 2018.

White Hot was barren to Quality Road for 2020, but foaled a colt by Uncle Mo this past Feb. 4 and was most recently bred to Not This Time.

Friday, Del Mar
BREEDERS' CUP JUVENILE FILLIES TURF-GI, $920,000, Del Mar, 11-5, 2yo, f, 1mT, 1:36.08, fm.
1–PIZZA BIANCA, 122, f, 2, by Fastnet Rock (Aus)
                1st Dam: White Hot (Ire), by Galileo (Ire)
                2nd Dam: Gwynn (Ire), by Darshaan (GB)
                3rd Dam: Victoress, by Conquistador Cielo
1ST BLACK TYPE WIN, 1ST GRADED STAKES WIN, 1ST GRADE I
   WIN. O/B-Bobby Flay (KY); T-Christophe Clement; J-Jose L.
Ortiz. $520,000. Lifetime Record: 3-2-1-0, $637,635. Werk
   Nick Rating: A+++. *Triple Plus*. Click for the
   eNicks report & 5-cross pedigree.
2–Malavath (Ire), 122, f, 2, by Mehmas (Ire)
                1st Dam: Fidaaha (Ire), by New Approach (Ire)
                2nd Dam: Ceist Eile (Ire), by Noverre
                3rd Dam: Sharafanya (Ire), by Zafonic
(£29,000 Ylg '20 GOFFUK; €139,200 2yo '21 ARQDEA).
O-Everest Racing, Redvers, David and Keller, Barbara; B-Tally
Ho Stud (IRE); T-Francis – Henri Graffard. $170,000.
3–Haughty, 122, f, 2, by Empire Maker
                1st Dam: Soaring Emotions, by Kingmambo
                2nd Dam: Luminous Beauty, by A.P. Indy
                3rd Dam: Caerlina (Ire), by Caerleon
'TDN Rising Star'. ($70,000 RNA Ylg '20 KEESEP; $310,000 2yo
'21 OBSAPR). O-Bradley Thoroughbreds, Belmar Racing and
Breeding, LLC, Tim & Anna Cambron & Team Hanley;
B-Gainesway Thoroughbreds Ltd. (KY); T-Chad C. Brown.
$90,000.
Margins: HF, NK, HD. Odds: 9.90, 17.70, 6.00.
Also Ran: Cachet (Ire), Hello You (Ire), Consumer Spending, Koala Princess, Helens Well (Ire), Cairo Memories, Mise En Scene (GB), California Angel, Bubble Rock, Sail By, Turnerloose.
Click for the Equibase.com chart, the TJCIS.com PPs or the free Equineline.com catalogue-style pedigree. VIDEO, sponsored by TVG.

 

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