Keeneland Purchases Historic Manchester Farm

Edited Press Release

Keeneland has purchased historic Manchester Farm.

Located on the northern boundary of Keeneland Race Course, Manchester Farm is one of the most recognizable farms in Kentucky.

Originally named Manchester Springs Plantation after a creek that runs through the property, the farm has a rich history that dates back to the 1700s. In 1804, Francis Keen (first generation of the Keene family) passed 200 acres of Manchester Springs Plantation to his son. The land remained in the Keen/Keene family for five generations until 1935, when J.O. “Jack” Keene sold 147.6 acres to Keeneland Association for the creation of a model race track.

“The history of Manchester Farm and Keeneland are intertwined,” Keeneland President and CEO Shannon Arvin said. “We were thrilled to have the opportunity to purchase the farm and plan to celebrate this Central Kentucky treasure for generations.”

Keeneland purchased the nearly 200-acre farm from Calumet Farm, owned by Brad Kelley. He purchased Manchester Farm in 2016 from noted breeder and owner Mike G. Rutherford, who bought the farm in 1976 from Duval Headley (nephew of Hal Price Headley, a Keeneland founder and the track's first President).

“Over the course of Keeneland's 86-year history, we have acquired adjacent properties to preserve the track's picturesque setting and to further our mission to perpetuate the best of Thoroughbred racing and sales,” Arvin said. “While we do not have immediate plans for the future of the property, Lexington and the Thoroughbred community can trust that Keeneland will use the land to strengthen our industry, enhance the Central Kentucky region and always do what is best for the horse.”

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Smart Digging Strikes a Rich Seam

Well, if it was hard enough to make sense of his performance, then don't expect things to appear any more conventional when you look at the pedigree of Rich Strike. His grandsire and dam share the same paternity. His mother was discarded a couple of years ago for $1,700; his half-sister was claimed only last month for $5,000; and his sire's only previous stakes winner had emerged in Puerto Rico.

But if communal incredulity over the GI Kentucky Derby must have been flavored with extra piquancy for the breeders of the winner, who lost him to a $30,000 claim at the same track last September, then the bigger picture might yet permit them ample consolation.

Most obviously, albeit in somewhat haphazard fashion, a 10th Derby winner has refreshed the record established by Calumet Farm in its heyday as the premier Classic brand of the Bluegrass and highlights the wholesome aspirations sustaining its regeneration.

Eight Calumet homebreds won the Derby between 1941 and 1968, under Warren Wright, Sr. and then his widow Lucille, but the one subsequent success prior to Saturday had poignantly come in the same year, 1991, that the farm declared bankruptcy–courtesy of Strike the Gold, whose name obtains a curious resonance now that the baton has been seized by Rich Strike.

The Kwiatkowski rescue eventually paved the way in 2012 for Calumet's lease to Brad M. Kelley, who immediately found a horse to condense his priorities–not just for the renewal of the Calumet legacy, but also for a maverick challenge to the short-termism he evidently believes to be undermining the modern American Thoroughbred. Oxbow exhibited a teak constitution in campaigning without pause from October through July, taking in seven states and six different distances. At stud, admittedly, Oxbow struggled for commercial traction, but last year he came up with one of the key Classic protagonists in Hot Rod Charlie, who had changed hands for $17,000 as a short yearling.

Now Calumet has achieved virtually the same thing with Keen Ice. He, too, had to demonstrate rare physical resilience in soaking up four campaigns, the first three for Donegal Racing before Calumet entered partnership. And while his only two wins outside maiden company included one that nobody could sensibly take at face value, when shocking a Triple Crown winner in the GI Travers S., he banked $3.4 million in 24 starts, 15 at Grade I level. Much like his son last Saturday, he was never happier than when able to reel in a hot pace.

The Calumet model will always be too idiosyncratic for many commercial breeders, so presumably a monster opening book of 176 for Keen Ice featured a significant contribution from the farm's home herd. The average achieved by the resulting yearlings fell short of a (rather stiff) opening fee of $20,000 and traffic was quick to slide, through books of 73, 43 and 48. Keen Ice is now down to $7,500, the same as Oxbow, who himself was supported with 187 mares in his fourth book but was down to 15 three years later. Now, for a second year running, an ostensibly “uncommercial” Calumet sire is demanding renewed attention–this time with a Derby winner at the first attempt.

Calumet has more to celebrate than regret, then, despite allowing Rich Strike to slip from their racetrack program. Okay, so nobody should be running a horse under that kind of tag if he is 17 lengths better than the grade. But the team will definitely be hoping that Rich Strike can corroborate his breakout as well as did, say, Mine That Bird (Birdstone) when he proceeded to run Rachel Alexandra (Medaglia d'Oro) to a length in the GI Preakness S.

Keen Ice, after all, is earlier into his career than was Oxbow when Hot Rod Charlie made us ask how much he might owe to sire (his dam having already produced an Eclipse champion). If Keen Ice has really done very little besides this jaw-dropper, then there remains a feasible case for saying that his stock will only just be finding their stride with maturity. He has managed 20 other winners this year already, at a 27% ratio that stands up to the likes of Practical Joke, Connect and Caravaggio among rivals in the intake maintaining a higher fee. And while the Calumet breeding program can hardly match such quantity with seamless quality, it will be reliably oriented towards mares that pack in slow-burning assets of robustness and staying power.

That willingness to play a long game, to remain stubbornly out of step with the fast-buck breeders who mate to sell, not run, is predicated on a faith that the Thoroughbred will ultimately have to adapt to a very different environment: one where trainers must can the pharmaceuticals, and where turf/synthetics are no longer commercially toxic. Kelley and his team, on that basis, will hope someday to do exactly what Keen Ice's son did on Saturday, and catapult from the neglected margins to the heart of the action.

Quite apart from promotion of his sire, then, they have another reason to hope that Rich Strike may have hit a genuine seam of gold–and that's to vindicate the kind of thinking that governs Calumet matings. Because here, too, Rich Strike is not an orthodox project.

True, one of the greatest breeding operations in history recently came up with a European champion with inbreeding of equally daring proximity: Enable (GB) (Nathaniel {GB}) is by a grandson of Sadler's Wells out of one of his daughters. Moreover Juddmonte had previously produced GI Pacific Classic winner Skimming by matching one son of Northern Dancer, Nureyev, with a daughter of another in Lyphard; while their sister matriarchs Viviana and Willstar were by Nureyev out of a daughter of Nijinsky (also, of course, by Northern Dancer). So if duplicating a noble influence as closely as the second and third generations was good enough for Prince Khalid, it should be good enough for the rest of us.

In this instance, Calumet chose to double down on Smart Strike–who gave us the sire of Keen Ice, Curlin, as well as Rich Strike's dam, the accomplished Canadian filly Gold Strike. That was an extremely hygienic choice. Smart Strike has proved a fine sire of sires. The farm's lamented English Channel, in his sphere, absolutely bore comparison with Curlin, while Lookin At Lucky is criminally undervalued as a sire of Derby and Breeders' Cup Classic winners now down to just $15,000. But the key to thickening out a pedigree with Smart Strike is surely the depth of his own family, as a half-brother to Dance Smartly (Danzig) out of one of the four champions foaled by one of the great misnomers, No Class (Nodouble).

But that's only the start of the way this pedigree has been carefully inlaid. The success of Smart Strike's sire Mr. Prospector opened unexpected horizons for his only older sibling Search For Gold, a stakes-placed sprinter at two. And though his stud career proved little more than opportunist, Search For Gold resurfaces here as sire of Rich Strike's third dam, Panning For Gold, a minor stakes winner at the old Greenwood Raceway.

Panning For Gold was mated with another forgotten name, Dixieland Brass–a son of Dixieland Band who broke down when odds-on for the Florida Derby and ended up standing in British Columbia for R.J. and Lois Bennett of Flying Horse Farm–who had added her to the home broodmare band a couple of years before his arrival. The resulting filly was unraced, but it was her match with Smart Strike that produced Gold Strike for Harlequin Ranches: champion sophomore filly of Canada, on the strength of her wins in the GIII Selene S. and Woodbine Oaks, and now dam of a Kentucky Derby winner.

All six of Gold Strike's named foals prior to Rich Strike had been fillies, notably GII Natalma S. winner Llanarmon (Sky Mesa). The latter's endeavors ensured that Calumet had to pay $230,000 for Gold Strike, though already 13, when she was offered carrying a sibling to Llanarmon at the Keeneland November Sale of 2015. When she went to the same sale four years later, however, she was picked up for just $1,700 by Tommy Wente of St. Simon Place. At that stage, eight years after foaling Llanarmon, she had been either been fallow or produced unraced foals; Rich Strike himself was listed as an anonymous weanling colt by Keen Ice.

Wente has a remarkable eye for a bargain mare. Incredibly, in fact, Rich Strike only got into the Derby because he had one more qualifying point than Rattle N Roll (Connect)–bred by St. Simon Place after his dam was picked up for $20,000 at the 2016 November Sale. That mare was cashed out for $585,000 in the same ring last November.

As it was, St. Simon was represented in the GI Kentucky Oaks by Hidden Connection (also by Connect), whose dam was a $9,500 steal before similarly making her home run at $450,000 at Fasig-Tipton last fall.

Unfortunately Gold Strike has evidently become a difficult breeder, with no foal since. She is in the best of hands right now, being evaluated for breeding, but obviously the odds are steepening at the age of 20. Regardless of how things play out, hats off to Wente. Anyone can get lucky and do something like that once, but this guy has done it time and again.

One other foal bred during Gold Strike's residence at Calumet did make the track the year after she was culled. My Blonde Mary, a filly by Oxbow who has won three claimers in 29 starts, was hooked for a basement tag at Tampa Bay last month by trainer Douglas Nunn and Winner Circle Stables LLC. Doubtless they had spotted her half-brother grab third in the GIII Jeff Ruby Steaks just a couple of days previously. Alert business, if so, for another creature of highly volatile value!

The real status of this family, not to mention his own stud prospects, may vary wildly according to what Rich Strike does next. Perhaps it will simply turn out that those Turfway synthetics were not to his taste, and/or that he has reserves of stamina that could only be drawn out, even at 10 furlongs, by the kind of ferocious pace that suited his sire. But if the jury must remain out, equally, on the lessons available in his pedigree, for now we must credit Calumet for achieving something so very conspicuous with such a “striking” blend of genetic flavors.

In addition to the Smart Strike overload, and the mirroring of Mr. Prospector with his brother along the bottom line, we should note extra seams of “ore” from their dam Gold Digger behind Keen Ice himself. His fourth dam, and absolutely pivotal to his appeal, is the Emory Hamilton matriarch Chic Shirine–a daughter of Mr. Prospector.

And actually there's another sliver of Mr P. lurking via the second dam of Awesome Again, damsire of Keen Ice. But the main service of Awesome Again, for those breeding to Keen Ice, is another extremely close reinforcement: his sire Deputy Minister is also responsible for the dam of Curlin. That gives a 3×3 footprint to one of the all-time broodmare sires. Almost as potent in Keen Ice, then, as Smart Strike in Rich Strike. This precious payload of Deputy Minister, combined with that Chic Shirine–Too Chic (Blushing Groom {Fr}) bottom line, will perhaps make Keen Ice especially attractive to anyone who wouldn't mind retaining a filly.

So Rich Strike and his sire each intensify one of the key influences on the modern breed. For both horses, what happened on Saturday may yet turn out to be too good to be true. In view of what Calumet stands for today, however, it would be extremely healthy if each proved able to build on this breakthrough.

You can be sure that some commercial breeders will no more buy into Keen Ice than they did Oxbow, following Hot Rod Charlie. But it's auspicious at least to see people challenged in such similar fashion, two years running. There may not be big bucks at ringside, yet, for the kind of hardiness, stamina and old-fashioned depth of pedigree sought by Calumet for their stallion roster. Perhaps, however, that might gradually begin to change as people see how these attributes, integral to the farm's original glory, remain just what you need for the first Saturday in May and that we will only need more of the same, if we continue cleaning up the game as we must.

Kelley and his team have realized that some of the least fashionable assets of the Thoroughbred are exactly what can make it most sustainable in an uncertain future. This particular Derby winner may or may not prove eligible to change perceptions and it won't necessarily be the Calumet team who find the stallions that ultimately end up doing so. But that won't alter the odds that the eccentricities of today may well become the orthodoxy of tomorrow.

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Thoroughbred Owners And Breeders Among 2,755 Billionaires Ranked By Forbes

As owners of the French luxury brand, Chanel, brothers Alain and Gerard Wertheimer are among the world's most fashionable Thoroughbred owners and breeders. According to the latest World's Billionaires List published by Forbes, they are also the richest.

According to Forbes, Alain and Gerard Wertheimer each have a net worth of $34.5 billion putting them at No. 41 on the list of 2,755 billionaires worldwide.

Amazon founder Jeff Bezos is atop the list with an estimated net worth of $177 billion.

Racing primarily with homebreds in Europe and the U.S. under the stable name Wertheimer et Frere, the brothers are best known for campaigning Goldikova, three-time winner of the Grade 1 Breeders' Cup Mile. Their current stable star is Todd Pletcher-trained Happy Saver.

At least a dozen others from the Forbes Billionaires List have been identified as Thoroughbred owners or breeders. (Note: The list does not include members of Arab country ruling families, including the Maktoums of Dubai.)

Next on the list among individuals affiliated with Thoroughbred racing and breeder is financier George Soros, whose Soros Fund Management in 2008 launched SF Racing and SF Bloodstock, now operated by Gavin Murphy and Tom Ryan. Forbes estimates a net worth of $8.6 billion for the Soros, putting him at No. 288.

Cable television magnate John Malone is ranked 316th on the Forbes list with an estimated net worth of $7.8 billion. One of America's biggest landowners, Malone owns Bridlewood Farm in Ocala, Fla., and Ballylinch Stud in Ireland.

Tamara Gustavson, daughter of the late B. Wayne Hughes, is ranked 496th on the list with an estimated net worth of $5.6 billion. With husband Eric, Tamara Gustavson now operates Spendthrift, which Forbes estimated has a $400 million value. A Forbes-produced video explains how they arrived at that estimate, based on leading stallion Into Mischief, other bloodstock holdings and the farm's property and buildings.

Wayne Hughes, who died in August, remained on the Forbes list, ranked 925th with an estimated net worth of $3.3 billion. A self-made billionaire, Hughes created Public Storage, the largest self-storage company in the U.S.

Vincent Viola is ranked 807th on the list with an estimated net worth of $3.7 billion acquired in part from his electronic trading startup, Virtu Financial. Owner of the NHL's Florida Panthers, Viola co-owned Vino Rosso, winner of the G1 Breeders' Cup Classic in 2019.

Another owner of sports teams, Gayle Benson, ranks 891st on the Forbes lislt with an estimated net worth of $3.4 billion. Benson, widow of Tom Benson, owns the NFL's New Orleans Saints and NBA's New Orleans Pelicans. Her GMB Racing campaigned Tom's d'Etat, winner of the G1 Clark Stakes at Churchill Downs in 2019.

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Brad Kelley, owner of Calumet Farm, has an estimated net worth of $2.6 billion, putting him 1,205th on the list of the world's richest people. Kelley, who lives in Tennessee, made his fortune in the tobacco industry.

Gerald Ford, who races as Diamond A Racing Corporation, is 1,249th on the list with an estimated net worth of $2.5 billion. Ford built his wealth through acquisition of distressed banks.

Kevin Plank, who created the Under Armour sportswear brand and owns Sagamore Farm in Maryland, has an estimated net worth of $2 billion putting him at No. 1,580.

Charlotte Weber, an heir to the Campbell Soup Co., is listed as No. 1,833 with an estimated net worth of $1.7 million. Owner of Live Oak Plantation, Weber's homebreds have won a host of Grade 1 races, and she's won two editions of the G1 Breeders' Cup Mile with World Approval and Miesque's Approval.

Kenny Troutt, owner of WinStar Farm, founded long-distance company Excel Communications more than 30 years ago. Forbes estimates his net worth at $1.5 billion, putting him at No. 2,035 on their list.

Also having an estimated net worth of $1.5 billion is Seth Klarman, whose Klaravich Stables has developed into one of the industry's leading owners, winning Horse of the Year for Bricks and Mortar in 2019 and voted an outstanding owner Eclipse Award with William H. Lawrence, his partner on a number of runners. Klarman manages one of the financial market's largest hedge funds, Boston-based Baupost.

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Calumet Will ‘Take A Chance’ With Longshot Full Charge In Indiana Derby

Full Charge is 12-1 in the Indiana Derby's morning and comes into the 1 1/16-mile stakes off victory in a 1 3/16-mile maiden race. But owner-breeder Calumet Farm in the Brad Kelley era has no problem taking a shot at big races and doesn't get caught up in the horses' odds. Indeed, several notable Calumet upsets have been the 2021 Wood Memorial with Bourbon winning at a whopping 72-1 odds, 2020 Personal Ensign with 9-1 Vexatious over champion Midnight Bisou and the 2018 Pat Day Mile with 39-1 Funny Duck.

“It's a big step up in class,” said Jack Sisterson, private trainer for Calumet, though the farm uses other public trainers as well. “It is a short field. It's that time of the year where if your horse is doing well, which he is, you've got to take the opportunities where they come with these big 3-year-old races.”

Full Charge, also by Will Take Charge, has improved dramatically with each of his four starts.

“He's a 3-year-old who has improved with each start we've had him,” Sisterson said. “He was a lovely 2-year-old, just sort of immature and needed to grow into his frame. Thanks to Calumet for allowing me to back off him as a 2-year-old.

“We got him started down at Gulfstream going three-quarters of a mile. He finished last, but when he hit the wire, Corey (Lanerie) gave him a slap on the shoulder and he galloped out in front. We were optimistic that he'd move forward as we stretched him out, would put his best foot forward. And he hasn't disappointed us since, really. We'll let him tell us whether he's good enough or not.”

In his three maiden races in Kentucky, Full Charge finished third, then second, then won by five lengths at 1 3/16 miles at Churchill Downs.

“We don't win first time out,” Sisterson said. “We train to where the horse is going to improve with racing and hopefully not regress with racing. We like to have a two- or three-year good campaign with horses. He doesn't have a flashy way of going. He might come off the bridle at the three-eighths pole, but he's a grinding type that seems to get better as the distance gets farther for him. If we can hit the board with a homebred, it helps the mare and the progeny. I've got his 2-year-old brother. It's fun to see him progress in the direction he's going.”

Adam Beschizza, aboard for Full Charge's past three races, has the return mount.

“He's still a very young, unvarnished horse,” Beschizza said. “He's a horse where you have to squeeze the lemon on him the whole time. He's still very green and raw. If you saw his maiden win at Churchill, I had to get to working on him at the three-eighths. Once he gets the message, he seems to knuckle down, still very workmanlike. Mr. Kelley likes these big challenges, and he's never been too far wrong before with some of these maiden (winners). He'll take his chance.”

Full Charge “has had plenty of shots at the dart board now,” the jockey said.

“He's got plenty of experience,” Beschizza added. So, let's hope he's got it together and can take that next step forward. You've got to be in it to win it, and we'll take a chance. I think he'll run well, anyway.”

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