Q&A: Breeder Joe McMahon On Central Banker’s Successful 2021 And The New York Breeding Program

Just two live race days remain in 2021 to complete a remarkable year of racing action on the New York Racing Association, Inc. (NYRA) circuit. The NYRA Press Office checked in with a selection of New York-based racing personalities to get their reflections on a memorable year.

Joe McMahon owns McMahon of Saratoga Thoroughbreds along with his wife Anne. Raised in Saratoga Springs, McMahon has been active on the board of the New York Thoroughbred Breeders, Inc. since its inception and he now serves as an appointed Breeder Member of the New York State Thoroughbred Breeding and Development Fund Board.

McMahon of Saratoga Thoroughbreds is located on Fitch Road just five minutes away from the prestigious Saratoga Race Course and is home to Central Banker, the 2021 leading sire in New York who was also the leading first, second and third crop sires in the previous three years. The farm is also home to Teuflesberg as well as Solomini and Redesdale.

Describe the journey bringing Central Banker to prominence?

McMahon: “When the first 2-year-olds sold, a couple of them sold really well. The pinhookers in Florida just raved about how much they liked him and that they had great mental attitudes and were good looking. They trained well, liked to train and people noticed that.

“In the first year, he had about five winners at Saratoga. He had several stakes winners and that's gone on the same way every year since then.

“He's just a really nice horse. He's been an inexpensive horse to breed to. From the get-go he's shown that he's good value. He's never been over $7,500 and I think breeders recognize the value and take advantage of that. We could have probably raised the fee after the second year, but we didn't. We wanted to keep him at good value for New York breeders and keep him affordable.”

How does Central Banker stamp his offspring?

McMahon: “The conformation of his progeny are pretty much cookie cutters of himself. They're well-made horses. They have good bones, they're straight through their knees, they have good hips and hind ends. They also have a very deep girth, which is very important in a racing prospect.”

You added some new faces to the stallion roster in Solomini and Redesdale. Talk about what made them both so appealing.

McMahon: “Solomini is a horse who showed brilliance as a 2-year-old. He won the Los Alamitos Futurity in California [but was disqualified and placed third] which was a Grade 1 race, beating McKinzie who now stands for $30,000 in Kentucky. Solomini was disqualified in that race on a very questionable call. I always looked at that as an opportunity for us. Had he won a Grade 1 race, he would likely be in Kentucky. He was an extremely good horse. He was multiple Grade 1-placed and ran against top company. He was placed in two Derby preps in Arkansas and he's by Curlin. The physical of Solomini and his precocity as a 2-year-old gave me the impression that he would fit to New York really well.

“Redesdale is one of the best bred horses to retire in New York state. He's out of a full-sister to Danehill, who was absolutely regarded as one of the best stallions in the world so he's got an impeccable pedigree. He's race record was good. He won three of four starts. His last start, even though he was third, his Beyer was in the 90s. He really indicated that he could be a sire prospect in the same light as horses like Danzig, when I think of comparing horses. Danzig was very lightly raced but extremely effective in his races.

“Redesdale has a good physical and is very correct. We thought he would be a value play for us to bring him to New York and stand him for a reasonable fee. He just happens to be by Speightstown, so now we have two Speightstowns in the same stallion barn with him and Central Banker. One is a proven sire but we think Redesdale will be a very good sire. We anticipate him with coming out with runners early with a high degree of speed. We'll see what happens.”

What do you look for in acquiring a stallion prospect?

McMahon: “I'm a big believer in speed. I think horses have to have some speed to go with a lot of mares. That's not to say that horses who win the Kentucky Derby or Travers won't make good stallions, but if I look at it from the point of view of New York racing and breeding, I know that the majority of races that our stallions' offspring are going to be running in are sprint races. If I look at an Aqueduct card in the wintertime, which runs for almost six months, those races are predominately speed-oriented races. That goes into our thinking when we try to buy a stallion. We want one that fits our program, and speed is a big part of it.

“Central Banker won on the turf and won going one turn, but he's from a sprinting line himself. He's by Speightstown and his profile as a racehorse was the same. That was certainly one of the main attractions to him when we bought him. His balance and his physique told me when I looked at him that he would go with a lot of mares. Horses that are extremely well-balanced like this horse go with a lot of different types of mares. They can overcome a lot of different types of problems if they give their offspring that balance. That's what he did and that's what we hoped he would do when we bought him.”

What is so appealing about the New York program from a breeder's perspective?

McMahon: “Let's face it, this is a difficult business. It's not easy to win races on the NYRA circuit period. If you look at the New York-bred program as a safe haven like a lot of people do, you're going to invest a certain amount of money to buy a racehorse prospect or to raise one. The idea that you gain some protection through the restricted racing program certainly is a huge advantage. I think that's a big part of it – the fact you're on a circuit where you get great exposure year round to the betting population and to the horse people. That's a plus. You can win a race at other tracks for $60,000 but you can win one at Saratoga for $65,000. Which one is going to give you more attraction? You're on a stage which really helps you a whole lot with recruiting owners, and if you're a New Yorker, you focus on year round racing. It's the best program in the world without a doubt.”

This was a record year at the Fasig-Tipton New York-bred sale in Saratoga. Talk about the success you had this year in the sales consignment department.

McMahon: “It was a good year this year. We had nice yearlings on offer. The market was strong. Everything just kind of came together well. We foal about 40 to 50 foals of our own each year and so every once in a while it all comes out right and you get a good physical crop. That's what happened this year. We've been at it for a long time. We focus on mares that are runners themselves, not so much expensive graded winners, but hard-knocking mares to breed to these stallions. This was just a year where everything went right. The majority of the horses we sell are by New York stallions, so you're competing against commercial horses in Kentucky with more opportunity. They get to breed to better mares. It's really remarkable that we're able to compete against those horses and hold our own.”

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Morning Matcha Tops Field Of 11 For NYSSS Fifth Avenue

Cash Is King Racing, LC Racing and Gary Barber's two-time winner Morning Matcha headlines a field of 11 for Saturday's 35th running of the $500,000 Fifth Avenue division of the New York Stallion Stakes Series at Aqueduct Racetrack.

The seven-furlong test for eligible New York-sired juvenile fillies is one of two stakes races on Saturday afternoon for state-sired 2-year-olds, along with its counterpart race, the $500,000 NYSSS Great White Way.

“We're pleased to be offering these important races – the richest juvenile sire stakes races in the country – which demonstrate the strength of the New York-sired program and offer a great incentive to breed to New York stallions,” said NYRA racing secretary Keith Doleshel. “Our New York-sired and New York-bred programs are integral to NYRA racing and we look forward to continuing to support the New York breeding industry.”

Trained by Butch Reid, Jr., Morning Matcha will cut back a furlong after defeating winners by 6 ¼ lengths going a two-turn mile on Nov. 16 at Parx. She registered a field-best 81 Beyer Speed Figure last out, saving ground along the rail before angling several paths wide around the far turn and drawing off to a 6 ¼-length victory as the 1-9 favorite.

The daughter of leading New York stallion Central Banker, who stands at McMahon of Saratoga Thoroughbreds for a $7,500 stud fee, has never finished out of the money in six career starts.

The consistent bay earned a stakes-placing in the Finest City on Sept. 13 at Presque Isle Downs en route to a 6 ½ furlong Parx maiden score 12 days later.

Reid, Jr. kept a small division of horses at Saratoga this past summer, including Morning Matcha, and said he had been looking forward to more ground since watching her train at the Spa. Morning Matcha sprinted against restricted maiden company twice at Saratoga, finishing a respective third and second.

“No doubt the longer distances have helped,” said Reid, Jr. “We've been waiting to stretch her out in distance since we had her at Saratoga. A mile was perfect for her so this won't be out of reach either.”

Reid, Jr. will have five stalls at Gulfstream Park this winter. Following the NYSSS Fifth Avenue, Morning Matcha is scheduled to join his small South Florida division.

“After this, we'll stretch her back out. She'll head to Florida after this and train in some nicer weather,” Reid, Jr. said.

Kendrick Carmouche, the pilot in both victories, will return aboard Morning Matcha from post 6.

“It'll be up to the jock wherever she's most comfortable,” Reid, Jr. said. “Inside or outside, she appears to have no qualms with anything. Kendrick has done a great job with her.”

Bred in Pennsylvania by Crane Thoroughbred Services, Morning Matcha is out of the stakes-placed Iam the Iceman mare Home Ice and was bought for $18,000 out of the 2020 Fasig-Tipton Mid Atlantic Sale.

Trainer Michael Trombetta will send out Howdyoumakeurmoney, a dual-surface winner and the lone stakes-winner in the Fifth Avenue field.

The Commonwealth New Era Racing-owned Freud bay graduated at second asking on turf against fellow New York-breds on September 3 at Saratoga and one month later captured the 6 ½-furlong Presque Isle Downs Debutante, defeating next-out winner Battle Charge.

Howdyoumakeyourmoney, bred in New York by Davie Bloodstock and Peter Colon, arrives from a runner-up effort in the seven-furlong Glorious Song on Oct. 30 at Woodbine.

Mychel Sanchez will be aboard from post 7.

Joseph Bucci's Laoban's Legacy will seek her first stakes victory, coming off a runner-up effort against open company winners for trainer Jeremiah Englehart.

Bred in New York by Sequel Thoroughbreds, the daughter of the late Laoban was a dazzling 7 ¾-length winner in July over a sloppy and sealed Saratoga main track on debut en route to a distant third in the Seeking the Ante the following month at the Spa.

Breaking from post 3, Laoban's Legacy will be ridden by Manny Franco – a two-time winner of the NYSSS Fifth Avenue.

Trainer Christophe Clement will send out Barry Schwartz's Shigeko following a 6 ¾-length maiden win at second asking. Bred in New York by Schwartz's Stonewall Farm, the daughter of Japan found the winner's circle on Oct. 30 over a sloppy and sealed main track in an off-the-turf mile for state-breds at Belmont Park.

Dylan Davis will ride Shigeko from post 11.

Completing the field are She's a Big Deal [post 1, Raul Mena], Alicia's Way [post 2, Benjamin Hernandez], Laochi [post 4, Eric Cancel], Yo Cuz [post 5, Jose Ortiz], Half Birthday [post 8, Trevor McCarthy], Bank On Anna [post 9, Jose Lezcano], and Mrs. Banks [post 10, Mike Luzzi].

The NYSSS Fifth Avenue is carded as the penultimate event on Saturday's nine-race program. First post is 12:20 p.m. Eastern.

America's Day at the Races will present daily coverage and analysis of the winter meet at Aqueduct Racetrack on the networks of FOX Sports. For the complete broadcast schedule, visit https://www.nyra.com/aqueduct/racing/tv-schedule.

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Fasig Saratoga Fall Sale Returns Monday

The Fasig-Tipton Saratoga Fall Sale of breeding stock returns Monday after a one-year hiatus due to the pandemic. A catalogue of 292 broodmares and broodmare prospects and New York-bred weanlings will be on offer at the Humphrey S. Finney Pavilion beginning at 10:00 a.m.

The 2019 renewal of the sale saw 134 horses change hands for gross receipts of $3,384,700, at an average of $25,259 and median of $15,000. A $160,000 Practical Joke colt from the RFHF Bloodstock consignment topped the sale on a winning bid from Steven Weston. A filly by the same now fast-starting sire of first runners sold for $150,000 the same day.

This year, another freshman stallion could feature prominently on the results sheet, as first foals from buzzed-about McMahon of Saratoga resident Solomini come to auction. The son of Curlin has 19 weanlings catalogued, plus another five mares in foal to him on offer.

A $270,000 KEESEP yearling, Solomini was a debut winner at Del Mar for Bob Baffert before runner-up finishes in the 2017 GI FrontRunner S. and GI Breeders' Cup Juvenile, book-ended by now in-demand Kentucky-based stallions Good Magic (Curlin) and Bolt d'Oro (Medaglia d'Oro). He crossed the wire first in the GI Cash Call Futurity the following month, only to be controversially placed third by the stewards behind stablemate McKinzie (Street Sense). Solomini was second in the GII Rebel S. and third in the GI Arkansas S. on the Triple Crown trail in 2018, and after amassing $834,993 from 16 career starts, was acquired for stud duties ahead of the 2020 season by a group led by Joe and Anne McMahon's McMahon of Saratoga Thoroughbreds, Raymond DeStefano and Chris Bernhard.

Solomini has led all New York-based stallions by mares bred in both of his first two seasons at stud, covering 123 mares this past season–eight more than barnmate and the Empire State's top sire, Central Banker.

“They appear to be pretty consistently correct, good-looking babies and well balanced. They're also pretty mature looking,” said Joe McMahon of Solomini's produce. “I would think that, with his race record and the fact that he's a Curlin, who's doing so incredibly well this year, that there will be above-average interest in them.”

In addition to standing Central Banker, McMahon was also part of the syndicate that owned another recent New York success story in Laoban. The 2016 GII Jim Dandy S. upsetter was relocated from Sequel Stallions to WinStar Farm ahead of the 2021 breeding season after leading all New York freshmen last year and finishing second among North American stallions thanks to the exploits of GI Darley Alcibiades S. winner Simply Ravishing and GII Kentucky Jockey Club S. winner Keepmeinmind. Laoban died unexpectedly in late May.

There are 12 Central Bankers in the catalogue (plus 10 more in foal to him), and eight Laobans.

“Looking back at Laoban, he was hard to sell seasons to early on,” McMahon said when asked to compare the reception for Solomini thus far to Laoban and Central Banker at this same stage in their careers. “He never got the support that Central Banker or Solomini have gotten. We owned a significant part of him, so we were pretty close to the situation and what was going on with him… The Central Bankers were popular from the get-go. Then they came out running, and we kept good books going to him, so he was able to kind of avoid the slump that a lot of stallions have in their third year. We'd love for Solomini to be as successful as either one of those two, that's for sure.”

The Saratoga Fall sale comes on the heels and in the midst of an extremely competitive yearling sales season, including very strong trade at Fasig's New York-bred Yearlings sale here in August and at the recently concluded Midlantic Fall Yearlings sale, which is heavy on New York-breds.

“If you look at the popularity of New York-breds, relative to the amount of purse money that's available, you've got to think that this is a good investment for people, and a good hedge for people who want to be in the breeding business; with these purses being so high and the amount of racing we have in New York. Those are very positive things,” McMahon said. “I think in the economy we have now, and in the sales economy right now where the highs are so, so high… It's still hard to sell a middle-priced horse, but I think the New York-bred program gives people a great edge because of the awards and the purses. I think the market [at Saratoga] is likely to be pretty good.”

Visit www.fasigtipton.com for more.

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Body & Soul: Empire State Perspectives

Been paying attention to what's going on in the Empire State lately (er, you might know it as New York)? We speak not of the mess in the Governor's Mansion or resulting headlines and cable news rumblings. Rather, we refer to the status of registered New York-breds, exploits of which are tickling the fancy of the state's breeders–many of whom went home dancing with dollars following the conclusion of the Fasig-Tipton sale for a brace of indigenous yearlings.

The sale continued a recent demand from owners, trainers, and pinhookers because New York-breds are winning important open company stakes, and a lot more of them are earning tons of money in bonuses and other rewards offered through the Empire State's incentive program.

However, we are not here to shill for these horses–they do well enough on their own. Rather, we are here to offer perspective on how this has come about, a perspective that will focus on the development of the state's stallion rosters since the program was initiated in the late 1970s. That's because without perspective there is no other way to explain the current success of the program.

First, let's get this concept of “perspective” defined relative to this exercise. According to the Oxford English Dictionary, putting something in perspective has two basic definitions (italics added): 1) “the art of drawing solid objects on a two-dimensional surface so as to give the right impression of their height, width, depth, and position in relation to each other when viewed from a particular point,” 'a perspective drawing'; and 2) “a particular attitude toward or way of regarding something, a point of view.”

Your correspondent is in a unique position to present this perspective because: 1) the algorithms for the biomechanical analysis we have utilized since the early 1980s generates a series of graphs for each horse measured, hence a “picture” of how the horse is constructed in terms of potential racing and breeding efficiency; and 2) your correspondent has been intimately involved in the New York Thoroughbred industry since the early 1980s in many ways including as an adviser to breeders and owners, newspaper publisher, compiler of state sire lists, and one who also helped shaped policy for the program.

As for the latter issue, without getting too deep into the weeds, suffice it to say that as president of New York Thoroughbred Breeders (NYTB), your correspondent wrote the rules and regulations passed into law in 1994 governing mare residency and stallion breed-back requirements, which in 2020 were altered modestly to expand the residency issue to attract more quality mares.

Over the years we have watched the comings and goings of stallions in New York and have come to several conclusions based on what the market wants, what the stallions brought to the breeding sheds in pedigree and biomechanics, and how the development of a stallion program in New York is not very different from those in other states, including Kentucky.

Go for Gin, shown in retirement, was by New York-based Cormorant | Sarah Andrew

Our conclusion: While dozens of stallions were either retired to stand in the state or moved from elsewhere, all faced a basic disadvantage regardless of the rules and incentives promulgated by the state. The majority of available mares lacked either the pedigree and/or biomechanical qualities to match many of the stallions available.

That said and “all Gaul” notwithstanding, the Empire State's breeding program can be divided into three parts (or, in this case, three time periods, or “cycles”). Each is defined by economic and regulatory factors that strongly affected the development of a competitive stallion roster within the state.

Five stallions emerged through those cycles that shaped the story of the entire program: two of which moved into the state and three of which retired to stud there. Parenthetically, each of those five had a favorable biomechanical profile to be successful irrespective of pedigree and, given the quality and quantity of the mares they attracted, all of them succeeded as expected on those scores.

In the late 1970s two stallions moved to New York early in their careers and, despite being completely different in pedigree and race records, dominated the state's sire lists for many years. One was Cormorant, a son of His Majesty who sired Kentucky Derby winner Go for Gin, Eclipse Award winner Saratoga Dew, and Grade I winner Grecian Flight among his 46 stakes winners. The other was Talc, a son of Rock Talk who did not sire as many stakes winners as Cormorant but who consistently battled that one on the sire list. In the 1970s and 80s it was not uncommon for several races a day at NYRA tracks and Finger Lakes to feature one or more offspring of these two.

New York's multiple leading sire, Freud | Sarah Andrew

Both were average sized, very well-balanced individuals who stamped their foals in their own image. Indeed, you rarely saw a Cormorant or Talc that was anything other than bay or brown except when toward the end of his career Cormorant got the gallant gray gelding Gander, a fan favorite. The irony here is that even though Go for Gin sired Grade I winner and sire Albert the Great, the His Majesty line–and therefore the Ribot line–in North America saw the beginning of its end in Cormorant. And the Rasper II line, of which Talc was a major part, also basically ended with his demise.

Yet these two were so consistent in getting winners from any pedigree or physical type that the only caveat during that time was the well-worn advice that you should make sure the mare you bred to Cormorant mitigated his personality (which was, how you say, difficult), but you could breed a dog to Talc and get a runner.

These two paved the way to the next cycle wherein two stallions who retired directly to stud in the state met the challenge in completely different ways. First came D'Accord, a Grade II-winning son of Secretariat out of champion Fanfreluche, by Northern Dancer, who was purchased by John Hettinger of Akindale Farm in 1984. He was unquestionably the most prominent “marquee” stallion prospect to stand in the state if only because of his pedigree.

He came along before his sire became better known as the broodmare sire of epoch-making stallions Storm Cat, Gone West, and A.P. Indy rather than as a sire of sires, and in many ways D'Accord turned out to be right up there among Secretariat's best sons at stud. Richly supported by Hettinger, his book was also very carefully monitored for quality, so he never had huge crops commercial sires required as a pivot for success. Though he got one good son who went on to become a sire in Montreal Red, it was his fillies among his 19 stakes winners who stood out. Thus, like Cormorant and Talc before him, D'Accord, in effect, was one of those who helped precipitate the end of a sire line.

On the other hand, a large multiple Grade III-winning speedball son of Danzig came into the stallion barn at Sugar Maple Farm, a few miles up the road from Akindale, and immediately became the star of the show. That would be Belong to Me, who was not only a phenotypical carbon copy of his sire (though larger) but given his opportunity in New York, a most propitious pedigree and physical match for the state's broodmares.

His first runners set the tracks on fire and after siring four crops at Sugar Maple, he was dispatched to Kentucky where he subsequently became a successful shuttle sire in Australia. By the time of his demise at age 31 last year, and without a son to establish a Danzig branch, it was most probably forgotten by many that he rang the bells initially in New York.

The young Central Banker is getting early, fast runners | Barbara Livingston

Which brings us to the third cycle which has been dominated by a horse with a name that should require him to explain everything to us: Freud. Retired to the state after a modest group-placed career in Europe, he was given a chance primarily because he was a full-brother to international champion Giant's Causeway, being by Storm Cat out of Mariah's Storm, by Rahy. First impressions might lead one to believe, as a friend once remarked, “well, that shoots the full-brother theory,” for Freud is a dark bay resembling Storm Cat while Giant's Causeway was a chestnut though much bigger than his similarly colored broodmare sire.

However, the tale of the tape shows that they were virtually twins phenotypically and in body measurements, so much so that on several key biomechanical tests they scored almost identically. Thus, it was not so much of a surprise to those who bred to him early on with this knowledge that Freud would be successful, at least in a state-bred program. That he has sired nearly 70 stakes winners including 17 graded victors thus far has certainly solidified his standing as the most successful stallion to retire to stud in the Empire State. The fact that two of his leading earners are out of mares by D'Accord sweetens the pot.

Freud has been New York's leading sire many times but in the past two years he has been challenged and now surpassed by Central Banker, a son of Speightstown who benefitted from huge books in his first few years to gain a reputation for getting a lot of early, fast runners. He needs to step up with more than the few black-type earners he has at this time to justify a prognostication for leading a future cycle, but as of now his yang to Freud's yin at the top of the list of stallions retired directly to the state is somewhat analogous to the counterbalance that Cormorant and Talc brought with them when they hopped on vans all those years ago and settled in the Hudson Valley.

Bob Fierro is a partner with Jay Kilgore and Frank Mitchell in DataTrack International, biomechanical consultants and developers of BreezeFigs. He can be reached at bbfq@earthlink.net.

 

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