With Valiant Force, Spendthrift’s Rangel Is a Royal Ascot-Winning Breeder

He's the first one to admit he's a “little guy,” a small breeder who owns two mares, two breeding rights, and all the good and bad luck that comes along with any such small operation. Losing his farm in the economic crisis of 2009 was just about as bad as it gets. Winning a race as a breeder at Royal Ascot? Just about as good.

Ramon (R. J.) Rangel says he never would have had the opportunity he experienced Thursday–when Valiant Force (Malibu Moon) whom he co-bred with Spendthrift Farm won the G2 Norfolk S. at Royal Ascot–without the kind of breeders incentives advanced by Spendthrift Farm's founder, B. Wayne Hughes–incentives, he says, designed to help the little guy.

Hughes liked to call Spendthrift `the breeders' farm,' and when Valiant Force charged home a winner Thursday, it was because of the breeding initiatives that Hughes liked to preach–with a little kindness thrown in from across town at Mill Ridge, and a lot of hard work by Rangel himself.

Valiant Force's story starts when Mill Ridge's longtime clients John and Jerry Amerman had a homebred filly, Vigui's Heart (Quality Road), for whom they were looking for a home. “She was not going to make it to the races,” said Mill Ridge's Price Bell. Rangel, now 57, had shown horses at sales for years for Mill Ridge, and had been a breeder on a small scale. They knew he took good care of his horses, so they thought of him for the mare. “R. J. is a friend and he and his family are really good horse people, and so we decided to facilitate this for the Amermans, to find this mare a nice home. We reached out to R. J. and he and his family said they'd love to have her.”

The filly was young at the time, and Rangel cared for her until she was three, and decided to breed her.

Rangel realized that his investment of the work caring for her would be rewarded. “I got her when she was young,” he said. “She was a weanling, turning into a yearling, and when she was three, I decided to breed her to something with speed. She's a big, leggy mare, and I wanted to put some speed into her, so I went to Malibu Moon. Obviously, I couldn't afford the stud fee at that time. I think he was $50,000. I asked for a foal share, and thanks to Spendthrift, because Ned Toffey gave me the opportunity to do the foal share. And I got this nice baby. For the first baby, he was a good size, a lovely weanling, very correct. Anybody would love to have this mare. She's a nice mare and I was lucky to get this foal. I gave it to Mill Ridge to sell because they were the ones who gave me the mare.”

Bell recalled, “He was a beautiful weanling that R. J. raised and prepped, and he sold for $75,000,” said Bell. “It was a huge sale for him, and he said, `you know, when I worked here, there was always that one person who would give everyone $100 or $200 to say thank you. So, would you please tip everybody that?' I remember selling the horse and seeing the pride in his eyes, having sold a horse for that kind of money. And he just immediately wanted to take care of all the people in the barn.”

The economy hasn't always been kind to Rangel, who had worked his way up to owning a 70-acre farm in the early 2000s, only to lose it all in the economic downturn of 2008-'09.

“To make a long story short, I ended up losing everything, and I was homeless,” he said, after the bank repossessed his property. “I had to go live with my brother, and I started working at the sales, traveling around.” Finally, he wanted to settle down and stay in one place and Toffey gave him a job at Spendthrift, where he now serves as the assistant yearling manager.

Rangel works until 4 p.m. every day, and then heads to the farm where he boards his horses, to give them the care they need. “I go there before work. I go there after work and I try to take care of them. I have been very lucky to work, and do well, and make the extra effort every day. It's been a great ride. I love the horses. I love the industry. I'm just a little guy who plays on the small side.”
Vigui's Heart failed to get in foal to Lord Nelson in 2021, so Rangel has no yearling to sell this year, but in November, he will be back at Keeneland with her weanling by Mitole. Naturally, he'll sell her with Mill Ridge. She is currently in foal to Vekoma.

A native of Guadalajara, Rangel came to the United States with his father, who was a groom in California for Jack Van Berg, and he got his own start as an exercise rider. But when he first came to a horse sale in Kentucky, he says, “I realized this was the place where I wanted to be, because this is where the best is.”

He watched the Norfolk on his phone, and had staked $2 to win and $2 to place on Valiant Force, “just to support him,” he explains. “I couldn't see him because the screen was so small,” he said.

“But with two furlongs to go, he was still on the lead. With one furlong to go…still on the lead. And finally, he started to pull away. And it really touched me.” He collected $300 on the bets.

At the end of the day, he said he's grateful for the help extended to him by others in the industry.

“The guys here at Spendthrift, they work with you, they give you little breaks here and there. I asked for the foal share and Ned was very nice and gave it to me. I'm very thankful for Mill Ridge, the people that gave me the mare. I'm thankful for Spendthrift. The reason I got back into breeding was that Wayne Hughes, he always tried to help the breeders and they've got all these deals going and I saw that opportunity to come back in at a small scale and be more careful. I've been blessed because everything has gone the right way. It's all about hard work, dedication and luck. But I'm very grateful for all the people who always try to help the little people.”

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Kentucky Derby Day 149 is Here!

LOUISVILLE, Ky. – The late B. Wayne Hughes will be smiling somewhere on this first Saturday in May.

Unbeaten GII Louisiana Derby winner Kingsbarns (Uncle Mo), an $800,000 Fasig-Tipton Gulfstream breezer, will carry the famed orange-and-purple colors of Spendthrift Farm while making just his fourth career start in the 149th GI Kentucky Derby.

“Our primary business really is standing stallions, but when we can go to a sale and get a horse that has a shot to make it to the stud barn, that's what we're trying to do,” Spendthrift's General Manager Ned Toffey said. “And winning a race like the Derby is obviously a big step in the right direction if you want to stand a stallion. Kingsbarns has done everything we've asked of him so far and he's done it nicely.”

Spendthrift Farm's all-conquering stallion Into Mischief, responsible for Friday's GI Kentucky Oaks heroine Pretty Mischievous (Into Mischief), will have three chances at a third bouquet of roses with longshots Cyclone Mischief (Into Mischief), Rocket Can (Into Mischief) and Sun Thunder (Into Mischief).

Into Mischief's Authentic, of course, won the 2020 Kentucky Derby for a high-profile partnership headed by Spendthrift Farm. Into Mischief is also the sire of Mandaloun, who was promoted to first via Medina Spirit's well-documented medication disqualification in the following year's Derby.

“That's what breeders are looking for, to get to the Derby,” Toffey said. “Into Mischief can get you any kind of horse. He's an amazing horse and continues to get the job done.”

What do you think Mr. Hughes would say if he were still around to see this day?

“I think Wayne would be saying 'I told you so,'” Toffey said with a big laugh.

“I literally remember him saying, 'I think we might have Bold Ruler on our hands.' He said that very early on in Into Mischief's career. Now, he's a four-time consecutive Leading General Sire and has done something that's not been done since Bold Ruler. Wayne really loved this horse. He meant a lot to him.”

Forte Heads 'Strong' Hand for Pletcher…

Hall of Fame trainer Todd Pletcher has won the Kentucky Derby twice from a record 62 starters and arguably brings his strongest hand ever to the 1 1/4-mile Classic this year. In addition to Kingsbarns, Pletcher will saddle 3-1 morning-line favorite 'TDN Rising Star' Forte (Violence) and fellow 'Rising Star' Tapit Trice (Tapit).

Last term's GI Breeders' Cup Juvenile winner and champion 2-year-old colt Forte punched his ticket to Louisville for Repole Stable and St. Elias Stable with a valiant win with a much-discussed less-than-ideal trip in the GI Curlin Florida Derby. Only Street Sense and Nyquist have pulled off the Breeders' Cup Juvenile-Kentucky Derby double so far.

The $1.3-million Keeneland September graduate Tapit Trice will put a four-race winning streak on the line following eye-catching, come-from-behind victories in the GIII Lambholm South Tampa Bay Derby and GI Toyota Blue Grass S.

“In terms of pari-mutuel support, it's probably going to be the strongest team that we've brought,” Pletcher said. “I think only one time have we started a favorite and that was in 2017, with (Derby winner) Always Dreaming. You could argue that it was possible that Forte and Tapit Trice could be the favorite and second choice or close to it. This is the deepest squad that we've put up so far.”

Derby Quartet for Brad Cox…

Brad Cox will have four of the 19 Kentucky Derby starters, including GI Arkansas Derby winner Angel of Empire (Classic Empire), one of three Derby entries for the Albaugh Family Stables; narrow Blue Grass runner-up Verifying (Justify); the rail-drawn GII Wood Memorial S. runner-up Hit Show (Candy Ride {Arg}); and Louisiana Derby third and 'Rising Star' Jace's Road (Quality Road).

While officially recognized as a Kentucky Derby-winning trainer courtesy of the previously mentioned Mandaloun, Cox is still looking to experience that thrill of a lifetime winning the historic first leg of the Triple Crown.

“There was no experience of winning the Derby,” Cox said of the 2021 renewal. “It's the thrill of the victory that you're wanting to experience. There's no thrill in saying that you won the Derby through a phone call that says you were placed first through a DQ. There's no celebration. There's no win picture.”

Cox continued, “I do look forward, hopefully, this year to winning it. I think we got some really good shots. I'm sure it'd be a feeling like no other.”

In addition to Angel of Empire, Dennis Albaugh's operation also campaigns the Dale Romans-trained Florida Derby third-place finisher Cyclone Mischief and Jace's Road. The latter two are owned in partnership.

Outside Draws for Japanese Duo…

Derma Sotogake (Jpn) (Mind Your Biscuits) (post 15), a dominating winner of the G2 UAE Derby, and GI Runhappy Santa Anita Derby runner-up Mandarin Hero (Jpn) (Shanghai Bobby) (post 18) will look to continue the recent high-profile worldwide success for Japan. A sixth-place finish by Master Fencer in the 2019 Derby has been the nation's best finish in the Run for the Roses so far.

What's All the Buzz About…

Who's made the best impression in the mornings leading up to the main event? Last out GII Rebel S. winner Confidence Game (Candy Ride {Arg}) is certainly a good place to start after his visually impressive bullet workout beneath the Twin Spires last weekend. 'TDN Rising Star' Disarm (Gun Runner), meanwhile, has given every indication in the a.m. that he's ready to run the race of his life for Hall of Famer Steve Asmussen following a flat third in the GIII Stonestreet Lexington S. Impressive GIII Jeff Ruby Steaks winner Two Phil's (Hard Spun) is another who has caught the eye during his morning preparations.

Stacked Derby Undercard…

Kicking off at 10:30 a.m. with another sensational forecast calling for partly cloudy skies and a high of 78 degrees, the 14-race Kentucky Derby program also prominently features: GI Breeders' Cup Filly & Mare Sprint heroine Goodnight Olive (Ghostzapper) in the GI Derby City Distaff S.; GI Breeders' Cup Dirt Mile winner Cody's Wish (Curlin) in the GI Churchill Downs S.; and the highly anticipated return of last year's GI Del Mar Oaks heroine Spendarella (Karakontie {Jpn}) in the GII Longines Churchill Distaff Turf Mile S. The graded stakes action at Churchill Downs is rounded out by the GI Old Forester Bourbon Turf Classic; the GII Pat Day Mile S.; the GII American Turf S.; and the GII Twin Spires Turf Sprint S.

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Barton All In as Baldwin Bloodstock Makes its Third January Appearance

When Amy Bunt and John Barton teamed up to present their first consignment as Baldwin Bloodstock at the 2021 Keeneland January Horses of All Ages Sale, Barton was still based in Southern California and making a living underwriting auto loans. Two years on, Barton has made the transition full-time to the Bluegrass and Baldwin Bloodstock is set to present six horses in its third January consignment. While earning a living in the industry might have been a new experience when he joined forces with Bunt two years ago, Barton was anything but a novice to the sport.

“I grew up in San Gabriel, which is a stone throw from Santa Anita, about 10 minutes south of Santa Anita,” Barton said. “My dad, Neil Barton, owned horses back in the early '70s. And he went to a high school called Mark Keppel in Ahambra. He and Wayne Hughes of Spendthrift used to take bets out for their teachers during class. This was in the late '40s and early '50s. They would drive up to Santa Anita, make the bets and come back. My dad and Wayne were best friends forever, he was kind of like an uncle to me. So that's kind of how it got started.”

Barton's cousins Bob and Jude Feld have been involved in all facets of the game and, early on, Barton had dreams of following Jude into the Southern California training ranks.

“In the summer of 1996, when I thought I wanted to be a trainer, Jude said, 'Well, I have a string of horses at Fairplex.' I said, 'I want to give it a shot.' So that summer, I would walk hots for him. I did it for a full summer, seven days a week getting up at 4 a.m. Bob was the supervisor for that string at Pomona while Jude was at Del Mar during the summer. So Bob was running the show and I was a hotwalker. After three months of that, I said, 'I don't want to be a trainer anymore.' I went back to school that September and got my degree in finance in 1997 and went straight into auto financing.”

But Barton never lost his love of racing.

“I still had my eye on horse racing and the business,” he said. “I would go to Santa Anita whenever Wayne had a horse running–he still lived in Southern California at the time and hadn't purchased Spendthrift yet. So every time he ran a horse, my dad and I would go and I was able to pick his brain and talk about the business.”

It wasn't until 2020 that Barton finally made his first trip to Kentucky.

“My mom and dad used to come out a lot and visit Wayne and his wife Patty,” Barton recalled. “They would come home and tell me how great it is. But I never got to. Then in March of 2020, right as the pandemic hit, I kind of invited myself to Spendthrift. Wayne and his wife said, 'Yeah, come out and stay with us, you can see the farm and you can see if you like it out here.' So I got to Kentucky and I fell in love with it. I walked around Spendthrift, saw all the stallions and all the babies–it was March, so babies were being born as we were out there. My sisters and husbands were with me and they said, 'You know so much about the farm and everything,'–because I was rattling off statistics and numbers and history, they said, 'You should get a job here.' And we kind of laughed it off.”

He continued, “I went back home to California, to my auto finance, but I was kind of tired of it. I came out again to Kentucky in September of 2020 for the yearling sales. I stayed with Wayne and Patty. Spendthrift was very involved with the yearling sales, so I walked around with Ned Toffey, the general manager of Spendthrift, and their crew just learning about everything. One thing led to another and Wayne said, 'Why don't you move out here?'”

As he was contemplating the jump to Kentucky, Bob Feld introduced his cousin to Bunt, who was just launching her Baldwin Bloodstock. Bunt had been a partner in the Select Sales Agency, but was looking to pick up the slack when that consignment disbanded.

“I thought it sounded interesting,” Barton said of the opportunity to partner on the consignment, but Hughes had other ideas.

“I got on the phone with Wayne and he said, 'I don't know much about consignments. But I want you to come out here and be the tour guide for Spendthrift. You are a hard working, you like to talk, you know your history, you'd be perfect for it.'”

So Barton decided to do both. He sold his home in Southern California in February of 2021 and moved to Lexington the following month. He lived in a cabin at Spendthrift while giving tours to MyRacehorse owners.

Living on the farm gave Barton the opportunity to spend time with, and learn from, Hughes in the final months of the entrepreneur's life.

“I think he saw a little bit of my dad in me,” Barton said. “That's why we got along so well. He loved telling stories from way back when. And we talked horses and the business. And he was always worried about me. He told me, 'I think you'll do well as long as you work as hard as your dad did.'”

Baldwin Bloodstock had its biggest results at the November sales of 2021, selling C J's Gal (Awesome Again), dam of GIII Pocahontas S. winner Hidden Connection (Connect), for $450,000 at Fasig-Tipton and Jazz Tune (Johannesburg), dam of GI Breeders' Futurity winner Rattle N Roll (Connect) for $585,000 at Keeneland.

By 2022, the Baldwin consignment to the Keeneland November sale included 24 horses and was led by a son of Tiz the Law who sold for $105,000.

After that success with a first-crop sire, Baldwin returns to the Keeneland January sale with six horses, four of whom are short yearlings by first-crop sires. The group includes a filly by Global Campaign (hip 111), a daughter of Gift Box (hip 181), a filly by Higher Power (hip 1128), and a colt by Thousand Words (hip 1166).

“I know those first-crop sires, those babies sold well for all of them pretty much, we just hope it keeps going,” Barton said.

The Baldwin consignment also includes a short yearling filly by GI Belmont S. winner Tapwrit (hip 1175), whose unbeaten 3-year-old son Victory Formation just acquired GI Kentucky Derby points with a win in the Smarty Jones S. Sunday at Oaklawn. The gray filly is the first foal out of stakes-placed Duchess of Sussex.

“We are excited about her,” Barton said. “Duchess of Sussex was a black-type placed filly owned by Eclipse Thoroughbred Partners. She has Eclipse written all over her because they owned Tapwrit and they owned Duchess of Sussex. And the timing is perfect with Victory Formation winning Sunday.”

The Baldwin consignment is rounded out by the 6-year-old broodmare Mopolka (Uncle Mo) (hip 962), who is offered in foal to Improbable.

“These days everybody is looking for young broodmare prospects, so we like her a lot,” Barton said.

The business partnership between Barton, with his financial background, and Bunt would seem to be a match made in heaven. Bunt's vast experience in the racing industry includes stints with Coolmore in Australia, Van Meter Sales, Niall Brennan Stables and Eaton Sales, as well as time as a veterinary technician at Hagyard Davison McGee.

“Together, we make a great team,” Barton said. “It's absolutely perfect that I handle the financial stuff and she does the horse stuff. I am learning more about the horse stuff, about conformation. I knew a little bit about the breeding, but I am learning more. And you can't help but learn when you are around Amy because she just knows so much. If anyone was born to be in this business, it's her. She lives and breathes it. And I am starting to do that myself.”

As for the future of Baldwin Bloodstock, Barton said, “Hopefully someday we would like to get into the yearling sales, but right now we are still focused on the weanlings and mixed sales. I'd like to go Maryland and maybe Saratoga, we will see how it goes. We would love to expand, but still keep it small enough to where we can provide the attention that the horse and the client deserve.”

The Keeneland January sale will be held next Monday through Thursday with bidding commencing each day at 10 a.m.

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Spendthrift Unveils B. Wayne Hughes Visitors Center

Lexington, KY – Spendthrift Farm opened the doors to its new B. Wayne Hughes Visitors Center on Tuesday, Nov. 1 as part of the lead-up to the Breeders' Cup World Championships.

Named in honor of the farm's late founder, the 7,000 square-foot, two story facility will serve as the home for Spendthrift's tourism. The building is located between the farm's stallion complex and main office and features a trophy room, which showcases Spendthrift's collection of trophies, artifacts and racing memorabilia, as well as a gift shop.

 

Spendthrift owners Eric and Tammy Gustavson led the grand opening and credited Tammy's father Hughes for his vision behind the facility.

“He loved this farm, he loved the horse industry, and he grew to love the idea of tourism,” Eric Gustavson said. “He recognized its value and its ability to draw in fans and potential owners. He was always trying to grow the game. Tammy and I are honored to name the visitors center after him and to have this be a small part of Wayne's legacy and his impact on our industry.”

During the ribbon-cutting ceremony, the Gustavsons were joined by VisitLex President Mary Quinn Ramer and Lexington Mayor Linda Gorton.

“In the Thoroughbred business, Spendthrift has made history over and over again,” said Gorton. “Some of the best have roamed these fields…Today we're dedicating this beautiful new visitors center, a place that will welcome tourists. It is places like this that make Lexington special and unique. This reminds us how important it is to protect our Bluegrass countryside.”

Senator Damon Thayer and Congressman Andy Barr were also present for the event.

The newly-unveiled Malibu Moon memorial statue stands in front of the visitors center and portrays the farm's foundation sire facing his old paddock. Read more about the making of the bronze sculpture from the artist himself, Douwe Blumberg, here.

“Malibu Moon was vitally important to this farm,” Gustavson said. “Wayne had a tendency to speak very simply, and very simply he said that Malibu Moon started Spendthrift Farm. And it's true. We were a fledgling farm and Malibu Moon was a perennial leading sire. He put us on the map and gave us legitimacy. It was the start of something that became what we are now.”

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