Amid the speed-filled tempo of the Fasig-Tipton Saratoga Yearling Sale this week, it's all about equine and human partnerships for Gandharvi Racing as they add Case Clay as a Business Consultant to their team.
Mind you, this isn't about making a splash or just putting together some haphazard deal. No, the intent behind this organization's latest move tunnels much deeper into the recesses of history.
As the saying goes, Rome wasn't built in a day. Neither was a racing stable. Like city-planning in the ancient world or otherwise, success just doesn't come easy. When it comes to competing in international racing circles, it takes a multipolar pivot across continents.
The underpinnings of such a capital venture were stabilized for Gandharvi founder Kuldeep Singh Rajput the moment he found out that he had deep family ties to racing's past in India.
“I have the horse racing and breeding bug, which was probably given to me by my great-grandparents, who were breeders,” said Rajput.
Though he is based in Boston, Massachusetts, Rajput is just such an internationalist. He built a successful career in biotech, and now he's parlaying his good business sense by carefully assembling a team with the intent to draw in more fans into the world of bloodstock and racing partnerships.
Gandharvi, which invested in its first horse in 2021, has aspirations to build a very strong broodmare band and has made no bones that it will focus its operations on developing fillies, which could yield a farm in the future. For now, the tailwinds are behind Rajput. Considering the current equine climate across the poles of this sport, holding your line in this game becomes a tall order for a solo yachtsman, but he isn't going alone.
To get there, the outfit's vessel is fitted with a strong frame of experience. Led by the Lexington, Kentucky-based Kiwi, Mick Wallace as their full-time Chief Operating Officer and Godolphin Flying Start grad Caitlin Smith, who anchors several of their operations from her base in Sydney, Australia, they are lending a hand in the growth department.
As the team assembled this week in Saratoga Springs, Gandharvi is expanding their roster by announcing Clay would be coming on as a blue chip adviser.
“I want Gandharvi to be around for the long term, and Case [Clay] will help us with that, beginning with the development of our five-year-plan,” said Rajput. “Also, he has relationships all over the world in this business and we respect that he will service them as well.”
With his diverse background, which was honed while working for his family at the fabled Three Chimneys Farm and even after it was sold to the Torrealba Family as their Chief Commercial Officer, Clay made the move last year to go out on his own as the principal of Case Clay Thoroughbred Management, LLC. For Gandharvi, part of Clay's specialty will be to focus on building toward the future.
“I'm excited about the opportunity to lend a hand to Gandharvi with their strategic plan and advice from a business standpoint. My current clients and business relationships are very important to me, so I'm glad that Kuldeep and I could arrange it so my current Case Clay Thoroughbred Management will run as business as usual, while still being able to help his organization in whatever way I can.”
With the addition of Clay, Gandharvi is continuing to pursue expanding global partnerships. Rajput himself has connections who regularly reach out with interest, but they might not have the foggiest how they can participate. He knows that if you make racing fun for everyone, including friends, family, etc., you can offer them a high-quality experience with both racing and breeding. Gandharvi will be searching for partnerships with the more well-established Thoroughbred operations to share in this journey.
They've already accrued progress along the way down under and in North America. In New Zealand, Ulanova (Santos {Aus}), a 2-year-old chestnut filly who won a Group 3 back in February at New Plymouth before running second in the G1 Sistema S. at Pukekohe Park, is continuing to make a name for herself. She is a finalist for the Champion 2-year-old category for New Zealand's Horse of the Year Awards.
Thrilled to see our ULANOVA among the finalists in the Champion 2-Year-Old category @LOVERACINGNZ Horse of the Year awards!
The winner of the G1 Sistema Stakes, she is the only contender to have won another group race this season!
Bring on September 10th! @GuerinSports pic.twitter.com/pnGO1TJQQK
— Gándharví (@GandharviRacing) July 31, 2023
The stable also established part-ownership in Australia's MG1SW Forbidden Love (All Too Hard {Aus}). Also of note, at the Magic Millions National Broodmare sale, Gandharvi purchased Nomothaj (Snitzel) for $1.1 million. The Listed winner has produced only one foal so far, a colt by Exceed And Excel, who sold at this year's Magic Millions National Yearling sale for $575,000.
When it comes to their North American activities, Gandharvi Racing bought into GI Breeders' Cup Sprint hero Aloha West (Hard Spun) through a partnership with Eclipse Thoroughbreds, and in conjunction with Michael Dubb, they campaigned GSW Battle Bling (Vancouver {Aus}). The stable made news last year when they purchased 18 yearlings during the Keeneland September sale for $7.605 million.
Back at the Saratoga Yearling Sale on Monday evening, in the spirit of budding partnerships, Gandharvi got on the board with Brook Smith's Rocket Ship Racing to land for $900,000 a filly by Constitution (hip 118).
“Gandharvi is all about bringing partners together and having fun racing,” said Rajput to TDN's Jessica Martini after the ticket was signed. “And I think it's a match made in heaven. We agreed on the same filly. It's all about partnerships and we are looking forward to it.”
Hopeful that North American success will come with a budding equine portfolio that will likely include a boutique broodmare band, Gandharvi will look to continue to add fillies and colts to race within a bevy of expanding partnerships. Now with Case Clay's assistance, the future is looking even more bright, but Gandharvi is always mindful that a racing stable isn't built in a day.
Fasig-Tipton Saratoga Sale – Monday: The final hip through the ring tonight, Hip 118 – a filly by Constitution (@WinStarFarm) out of Nina Fever, sells for $900,000 to @mickwallace, agent for Rocket Ship Racing/Ghandarvi! Consigned by @HunterValleyKY.
A half-sister to GI… pic.twitter.com/JHeOT1G9uh
— TDN (@theTDN) August 8, 2023
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