“The dream is to produce a champion,” Farrell Set for Breeze-Up Season

Making headlines at a sale with big-figure results is all well and good, but any breeze-up consignor with their eye on the future understands that a more significant indicator of sustainable success is how those graduates go on to perform on the racetrack.

Cormac Farrell, a trainer and a trader of both breeze-up and point-to-point horses, is a firm believer in the concept. After launching CF Bloodstock in 2023, the horseman has ambitious goals in mind for his fledgling operation's future.

“I want to produce horses that go on and become good racehorses,” Farrell said. “The dream is to produce a champion. You see these guys like Willie Browne, Con Marnane, Norman Williamson and Eddie O'Leary. I can't name them all, but they've produced Group 1 winners. You want to see your horses go on and fulfill their potential at whatever level, but if we could produce a couple of champions along the way, that would be the dream.”

Farrell's new operation could hardly have gotten off to a better start last year when CF Bloodstock co-topped the Tattersalls Guineas Breeze-Up Sale with a €55,000 Tattersalls Ireland September Yearling Sale pinhook. The Zoffany (Ire) colt sold for 200,000gns to Richard Hughes and Ted Durcan. Now named Bracken's Laugh (Ire) and campaigned by Bernadine and Sean Mulryan, he was an auspicious debut maiden winner last September for Hughes and in his 3-year-old debut last week, claimed the Cardinal Conditions Stakes by 2 3/4 lengths.

Farrell said that he was always a believer in the colt and admitted that he had been a bit relieved when the horse got the job done in his first start last year.

“I had sort of built him up enough that if he wasn't any good, I was going to look a bit silly really because I was pretty bullish about him from the word go,” he said. “He was a big, raw horse and we did very little with him the whole way through because we were allowing him just to fill into his frame. We were rewarded with our patience because he came to hand in time to do a lovely breeze. Hopefully Richard has an unbelievable year with him and it'll be great for everybody.”

But Farrell is no rookie to consigning big-ticket horses. He previously formed half of Leamore Horses, which he ran in partnership with his ex-wife Anna Calder. Dancing City (Fr) (Feel Like Dancing {GB}) is the latest high-profile graduate from that consignment, having  just won a second Grade 1 novice hurdle at Aintree on Friday.

Since last year's breeze-ups, Farrell has been active not only in buying his next crop of pinhooks, but he also acquired a yard for his operation. Partnering up with his longtime associate, owner and breeder Douglas Taylor, Farrell took over the prolific Copper Beech Stables from trainer Michael Halford. The property located just a few minutes from the heart of the Curragh grounds has provided an optimal setup for Farrell to get the business off and running.

“I pinch myself every day with the excitement,” said Farrell. “I never thought I'd be in a place like this. Never. So for Douglas to be as supportive as he's been throughout it all and for the success we've had and everything, to be here right now is so exciting. Hopefully it's just going to keep going in the right direction. It's a lot of pressure. This place wasn't cheap and it all has to be paid for, but I think we've got an incredible bunch of horses this year.”

Farrell was represented by just over a dozen breeze-up horses last year and that number has grown to 30 for 2024. In addition to a handful of horses pointing for the racetrack, point-to-point trainees round out the roster. But Farrell said that the breeze-ups sales are where he hopes to concentrate his focus.

“I won't completely get away from the point-to-pointers because Douglas stands a couple of very nice National Hunt stallions and there is a lot of nice young stock coming through the ranks here,” he explained. “I'd be happy to train them because he's gone out and bought some fantastic mares and he's got some very good jumps stallions, but I prefer the global market of the breeze-ups. It's such a vast market and it seems to be very strong at the moment. Hopefully that relays into the breeze-up sales.”

CF Bloodstock will be sending seven juveniles through the ring at next week's Tattersalls Craven Breeze-Up Sale. Among the group, Farrell pointed out a Kameko colt (lot 121) out of stakes winner Miss Sugars (GB) (Harbour Watch {Ire}) as well as a Sioux Nation colt (lot 123) out of the Street Cry (Ire) mare Mo Chara.

“I think they're a solid bunch,” he reported. “They're all very sound. They all X-ray clean and the scopes are excellent. Until they breeze and we get that out of the way, you don't know where you're going to land. All the homework is done now and I hope they all do themselves justice.”

Farrell's pinhook shopping takes him everywhere from Goffs and Tattersalls to Arqana and Keeneland. No matter where he's buying, Farrell considers conformation to be non-negotiable for his breeze-up prospects.

Bracken's Laugh sells for 200,000gns | Tattersalls

“If I had any amount of money to spend, I'd go for a gorgeous horse that is well put together before anything else,” he explained. “Then I think in terms of the breeze-ups, you need a bit of stallion power and then the pedigree nearly comes last. The Sioux Nation that goes to Craven is huge. I just felt that as a yearling last year he screamed 'racehorse' to me. He was a very mature yearling and now he looks like a 3-year-old. Funnily enough, last year Bracken's Laugh was also a very big horse and people probably didn't think he would be ready.”

“You have to think outside the box a little bit buying breeze-up horses because if everybody wants to buy the same horse, none of us would be able to buy a horse,” he added. “There's a lot of luck involved. We buy a lot of horses and some go right and some go wrong, but I look for a horse that catches my eye, that sort of tells me that he wants to be a racehorse.”

Of course the purchasing of the horse is oftentimes the easy part. The training is where the real work begins. Farrell, who has a background in eventing, cited that this area in particular is where he hopes his business garners a positive reputation.

“The way the horses are produced and their performance at the sale and going forward beyond the sale is a reflection on how we produce them,” he explained. “We do a lot of flatwork with them and they all ride very nicely. If you get them to clock fast and they turn out that they've been drilled to clock fast, that's not good for everybody. There is no point in getting a horse to breeze and then a trainer gets them and says that the horse is so rank that he's unrideable. That would be no good for business.”

Farrell applauded the many consignors he has known over the years who have had a hand in developing the breeze-up sales' track record for producing effective athletes.

“The people producing the breeze-ups horses are doing an incredible job,” he said. “The horses are all coming out and winning within weeks of the sale. It used to be months, but it's weeks after the sale now and they're super sound. They're conditioning them to race and they're standing up to training a lot better. Their longevity is a lot better. The breeze-ups are proven to be an unbelievable source of good horses and let's hope it continues to be that way. I'm excited to be a part of it and I hope I can live up to some of the people that have come before me and do as well as they have.”

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Clay’s Debut Consignment Features a Powerhouse Pair

It was almost a year ago that Case Clay stepped away from his position at Three Chimneys Farm to focus full-time on his company, Case Clay Thoroughbred Management. With services including bloodstock auction and private purchases, portfolio management and equine insurance, he has stayed busy since going solo.

Clay was in Australia for the Inglis Easter Sale this spring to oversee a successful auction for his clients offering yearlings there. They celebrated several lucrative sales, including a Dundeel (NZ) colt out of Kevikki (Aus) (Smart Missile {Aus})–a mare that Clay had purchased privately for the breeding partnership–that sold for A$500,000 out of the Arrowfield consignment to Katsumi Yoshida.

He maintains his longstanding relationship with Three Chimneys by working to expand Gun Runner's international presence. In April he took a trip to Japan, visiting farms there to recruit mares for the emerging supersire.

Of course he was recently on hand for the domestic yearlings sales as well, representing clients both buying and selling. During Book 1 of Keeneland September, Case Clay Thoroughbred Management purchased a Kingman (GB) filly from the family of Uncle Mo for $625,000.

“It's going well,” Clay shared. “I'm really enjoying it and having a lot of fun. The goal is to try and do well for my clients, whether that is advising or buying or selling for them. I feel lucky to be working with some great people and what I'm really liking is the variety of work. It's never the same job from one day to the next.”

Clay's next undertaking is one that he admits was never really in the cards for his business until now. At the Keeneland November Sale, he will launch his first consignment. The two-horse lineup features Puca (Big Brown–Boat's Ghost, by Silver Ghost), the dam of GI Kentucky Derby winner Mage (Good Magic), and Grade I-winning millionaire Dalika (Ger) (Pastorius {Ger}–Drawn to Run {Ire}), by Hurricane Run {Ire}).

Mage gets the win in the GI Kentucky Derby | Horsephotos

“This was not really in the plans, but when these two mares came along and did well, it became part of the plan,” Clay explained. “I'm lucky to have clients and relationships that have confidence in me to take them to a sale. They were very much a part of this decision and very much a part of me being fortunate enough to sell them.”

Clay's father Robert Clay launched Grandview Equine not long after selling Three Chimneys in 2013. When the partnership bought several shares in Good Magic, they purchased Puca, a stakes-winning half-sister to GISW Finnegans Wake (Powerscourt {GB}), for $475,000. After producing her first foal by Gun Runner the following spring, Puca was sent to Good Magic in his first year at stud.

The resulting foal was Mage, who Grandview sold as a yearling for $235,000. Although he won't make it to the Breeders' Cup this weekend due to a fever, the Kentucky Derby winner has stamped himself as a top 3-year-old this year as he collected additional Grade I placings in the Florida Derby, Preakness S. and Haskell S. and he will now point to the GI Pegasus World Cup in 2024.

“My dad has been floating around since May,” Clay said with a laugh. “It's very exciting for my parents and the partners in Grandview.”

At 11 years old, Puca's produce record extends past Mage. That first Gun Runner foal, a filly named Gunning, was retained by Grandview and is twice stakes placed. Her 2-year-old Dornoch, a full-brother to Mage, was second in the Sapling S. in August and just broke his maiden at Keeneland by six and a half lengths for trainer Danny Gargan. Puca's yearling colt by McKinzie sold to Mayberry Farm for $1.2 million at the Keeneland September Sale.

“She's three for three with producing blacktype and now has sold a $1.2 million yearling as well,” said Clay. “Her foals are all a little bit different, but one consistency is that they're good-looking horses. They're all commercially-appealing physicals. She's a big, beautiful mare and she's from a good-producing family.”

Puca will be offered at Keeneland November in foal to Good Magic.

“Who knows what her potential is with what she has already produced?” said Clay. “I can't think of another Derby producer that sold in the same year with this kind of produce record from only three foals to race.”

The other mare in the consignment, the German-bred Dalika, represents the scope of Clay's international network.

A winner at two in her native country for her breeder Gestüt Ammerland, Dalika caught the eye of Bal Mar Equine's Paul Varga.

“Paul and I had talked a lot about buying fillies in Europe and racing them here,” explained Clay. “By good luck, I am friends with Ammerland. He used to board his horses at Three Chimneys back in the day. Crispin de Moubray is a good friend and he managed for Ammerland for many years. I called him and we were able to buy Dalika privately.”

Dalika quickly emerged as a turf force on American soil and she was a presence in the Al Stall barn for four years as she amassed four career graded stakes wins highlighted by the 2022 GI Beverly D. S. at Churchill Downs.

“She won at seven distances, from five and a half to 11 furlongs,” said Clay. “A track record setter at Churchill Downs and Kentucky Downs, she had 32 starts and retired sounds. She was kind of the dream filly. Al Stall did an amazing job training her. It's one of those things where it was such a lucky circumstance that such a durable mare ended up in Stall's hands.”

Dalika is Stall's highest-earning filly with over $1.4 million in earnings.

“She is very unique to what we are training in America,” said Stall. “When she was traveling well close to the front end, she was a tough horse to get by. She outlasted the competition and she brought it most of the time. That was the best thing about her. Every time she ran we would just assume that she would come out of the race fine and usually she did. There's a lot to like about this mare with her soundness, heart and reliability.”

Dalika wins the 2022 GI Beverly D. | Horsephotos

Retired from racing at the start of the year, Dalika is now carrying her first foal by 2022 Horse of the Year Flightline.

Clay said he believes the 7-year-old's pedigree will offer breeders ample opportunity for success.

“You've got breedability with her,” he said. “She's pretty much an outcross anywhere. These German mares are durable and they have produced winners of a lot of races around the world–the Arc, the Melbourne Cup, the King George and Queen Elizabeth, the French Derby and Epsom Derby. For anyone around the world who wants to win a major Classic, the more you look into it, these German mares produce those types.”

Clay said he doesn't plan to set expectations for his consignment until the mares are on site. Until then, he will finalize last-minute preparations, take a quick trip to the Breeders' Cup on Friday and then return to Lexington to ship in for the weekend.

“Once you get to the sale you can get a feel for things, so I've left all that until later,” he said. “I plan to treat my customers and the people I deal with right and hopefully the rest takes care of itself.”

Clay is quick to say that while he is looking forward to this latest endeavor, he has no plans of expanding his consignment into yearling sales.

“Selling mares that are in my camp is vertical integration, so it makes sense,” he said. “Mares are much more straightforward, whether you're buying or selling them. That's what I like about it.”

After a 20-year tenure at Three Chimneys, Clay has had a hand in offering many top-selling broodmares and broodmare prospects to the marketplace. One of his most memorable Keeneland November Sales was back in 2004, when MGISW Take Charge Lady (Dehere) was consigned by Three Chimneys and sold for $4.2 million.

Clay said he hopes his past experiences serve him well going forward.

“I was super lucky to be working for Three Chimneys when there were a lot of these million-dollar plus mares going through,” he said. “Take Charge Lady was a really memorable one, as well as Mizdirection (Mizzen Mast), Composure (Touch Gold) and Life at Ten (Malibu Moon). It's nice to have that experience to pull from and I'm looking forward to getting back in the saddle with these two mares.”

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Penn Family Riding High into Book 3 After Seven-Figure Sale

Alex Penn wasn't at Keeneland when his family's Penn Sales sent their first seven-figure yearling through the ring during Book 1 of the September Sale. He was back home in Bourbon County, busy prepping the rest of their consignment's yearlings pointing for the later books.

“They were all drinking champagne and I was grooming horses,” he said as he jokingly nudged his wife Kendra and laughed, because really, he wouldn't have it any other way.

His family's business was founded a century ago as an all-purpose farm–over the years raising tobacco, Thoroughbreds, cattle, hay, even squash a time or two– and each generation to carry the Penn banner has stuck to its roots.

“We're farmers,” Kendra said simply. “If we can make a profit that's obviously the goal, but we're not here chasing seven figures on a regular basis.”

Of course, the Penn family couldn't help but get their hopes up about the youngster that would go on to sell for $1.35 million to M.V. Magnier. The Uncle Mo colt out of Forever for Now (War Front) looked like a star from the moment he was foaled and the Penns told his breeders Neal and Pam Christopherson going into sale day that he had gotten multiple looks from the right people.

“We had so many of the big folks coming back to look at him,” said Kendra. “He was super nice from the day he was born. He came out as a classic Uncle Mo–big, athletic, good feet, good walk. We had been telling [the Christophersons] that if we could just get him to the sale, that this horse was really nice.”

Spoken like a true farmer, Kendra shared the real 'win' of their momentous day in the spotlight.

“We were all asleep by 8:00 that night,” she said with a grin. “We had to get up at 4:00 to be back out here and do everything we need to do at home. It was definitely an honor to be a part of because the experience is not something that just happens on a regular basis, but life goes on and there are more horses and you just get up and get ready for the next day.”

During the second session of Book 1, Penn Sales offered a colt by Authentic. The half-brother to GISW Arklow (Arch) and MGSW Maraud (Blame) brought $360,000.

Choosing to skip Book 2 in order to keep their manpower within one sales barn at a time, Penn Sales will be back in action for Book 3 on Saturday with six going through the ring.

The Penns are particularly excited about Hip 1241, a Blame colt who is from the same family as the Authentic colt that sold well earlier in the auction.

“He's out of a young mare from a family that has been good to us,” Kendra explained. “His mom is a half to Arklow and Maraud. This colt is everything that family is. He's a really classy colt and he looks a lot like Arklow, so we're really excited about him.”

Their Book 3 lineup features two more colts: a Practical Joke full-brother to Kaling, who ran third in the GI Spinaway S. last year, and a colt from the first crop of Spendthrift's Vekoma.

Equally represented by three fillies, Penn Sales will offer a Classic Empire from the family of GISW Swift Temper (Giant's Causeway), a Maclean's Music out of a half-sister to Tonalist, and a filly from the first crop of Three Chimneys stallion Volatile.

Each of the 20 yearlings in Penn Sales' Keeneland September consignment were foaled and raised at the family's 1,000-acre farm outside of Paris. With oversight from the farm's two leaders in Alex's father John and his uncle Frank (profiled by TDN's Chris McGrath here), Alex and Kendra foal out around 40 mares each year and pride themselves on their hands-on approach.

“I don't think you'll find many farms left that do literally everything themselves,” Kendra noted. “From cleaning stalls to bathing to prepping to breeding, there's not an aspect of it we don't do. I think it makes a difference because we care. It's our livelihood. Everything on the farm is there year-round and so all the horses there have our attention 365 days a year.”

While Alex grew up in the Bluegrass and played a role on the family farm since childhood, Kendra hails from northwestern Pennsylvania. Her family had a small Thoroughbred breeding operation there and like her husband, she was handed equine-related responsibilities from an early age.

Kendra took the horsemanship skills she learned from her childhood and applied them to the yearling prep program at Penn Sales.

“My mom worked for Domino in the eighties when they were a premier sales company and the folks that taught her were pretty special,” she explained. “She handed that down to me. I want our horses to be respectful because a respectful horse is important for every step of their future, racing and beyond.”

Kendra recalled how a few years ago, a first-time employee had asked Kendra if she would be helping with cards during the sales. That newcomer quickly learned that Kendra can be found at the end of the shank for the majority of the sales season while simultaneously keeping a mental log of their consignment's visitors.

While Alex and Kendra said they are happy to continue passing on the spokesperson duties of their business to Frank and John, the younger generation of Penns are grateful for the opportunity to carry on the family legacy. Even their three children, they said, now have a small hand in the operation.

“I'm pretty proud to continue that tradition,” said Alex. “[Frank and John] pride themselves on their reputation and I hope to keep that going.”

“The Penns have done an amazing job raising horses for a long time,” Kendra added. “What John and Frank started has been easy for us to tailor to the sales market. We're here for the long haul, doing right by the horse and hoping that they have a sound and successful career.”

Perhaps equally as gratifying for the Penns as their first million-dollar sale, they also raised the winningest horse of 2022 in Beverly Park (Munnings), who won 15 of his 30 starts last year. The Penns said they believe that the hard-knocking horse's success may be attributed in some part to the way he was raised and the land he was raised on.

“That's something that is very important to us is letting them be horses,” Kendra said. “We raise them as racehorses and hope that the soundness carries them through. We bring them here to let people see that and hopefully they go on and be racehorses.

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The Castlebridge Consignment Returns to Arqana

Fresh off yet another productive Tattersalls December Mare Sale, where they have led consignors there for the past eight years, The Castlebridge Consignment embarked on somewhat of a less familiar journey to Deauville to hang up their well-known banner for Arqana's December Breeding Stock Sale.

The Castlebridge Consignment, which has bases in Newmarket and at Castlebridge Stud in County Meath, Ireland, has been absent from the Arqana sales grounds since 2017, but this week they returned with a group of nine fillies in training, broodmare prospects and mares in foal that will sell in Saturday's select session.

Castlebridge co-director Andrew Mead was on-site early Thursday morning to oversee setup in cour C.

“We've tended to focus on the Tattersalls and Goffs sales in Ireland,” Mead said. “Those have been going very well for us, but we reached a point where we thought it was time to come back to Deauville in December. The sales have been steadily improving and we had enough horses this year to go to Goffs, Tattersalls and Arqana.”

Mead said that as buyers descend upon the sales grounds, he expects to see a mix of both familiar faces and new ones.

“You'll see some of the same faces arriving in Deauville to try to buy the horses that they didn't manage to buy at the previous sales, but there also is very much an element that you'll see different faces here that didn't attend Tattersalls in Newmarket or Goffs in Ireland,” he explained. “To some degree, we're putting our horses in front of a different audience, but at the same time, there are many of the same faces attending all the sales. So you're perhaps getting the best of both worlds at Arqana.”

The Castlebridge consignment includes several promising fillies that could go on to further their racing success next year.

“Of the fillies in training, we've got two from Germany that are very attractive,” Mead said. “We have a filly called Libre (Ire) (Exceed and Excel {Aus}) (lot 118), who is a lovely black-type filly, and we have a filly called Goldana (Galileo Gold {GB}) (lot 141) who won a stakes race in her last start. We also have a lovely filly from Italy who is a wildcard, Romagna Mia (GB) (Mastercraftsman {Ire}) (lot 190). She won her last [black-type] start in Italy. She looks to have plenty of racing still in her and she'll make a lovely broodmare as well.”

The consignment's group of broodmare prospects includes lot 93, Vouchsafe (Ire) (Kingman {GB}), a three-quarter sister to four-time Group 1 winner Moonlight Cloud (GB) (Invincible Spirit {Ire}); lot 151, Loch Lundie (Ire) (Shamardal), a stakes-placed filly from the immediate family of G1 Fillies Mile winner Lyric Of Light (GB) (Street Cry {Ire}); and lot 179, Thunder Beauty (Ire), a 5-year-old listed stakes-winning daughter of Night of Thunder (Ire) who ran second in this year's G2 Duke Of Cambridge S.

Lot 56, Sweet Mademoiselle (Fr) (Free Eagle {Ire}), a half-sister to Group 1 winner Zellie (Fr) (Wootton Bassett {GB}) in foal to Almanzor (Fr), and lot 171, Boyne River (GB), a winning daughter of Kingman (GB) in foal to Night of Thunder (Ire), both represent the consignment as in-foal mares.

A perennial leading vendor, The Castlebridge Consignment was the leading seller at the Goffs November Foal Sale and a top three consignor at the Goffs November Breeding Stock Sale. They celebrated a successful Tattersalls December Mares Sale as they led the auction with 28 sold for a gross of over 5.4 million gns, headlined by the sale of Group 3 scorer Tranquil Lady (Ire) (Australia {GB}) for 2.7 million gns.

“We've been very lucky over the years and we seem to keep rolling along in terms of having good sales at Castlebridge,” Mead said. “I think what's behind it all is the staff at the sales, who are amazing, but also we've got a marvelous backroom team who work extraordinarily hard leading up to the sales for about four months and through the weeks of the sales. We owe all our success to the people who work for us because without them, it just wouldn't happen.”

Mead shared his thoughts on the market ahead of the final breeding stock sale of the season.

“We arrived here in Deauville straight from a very strong sale in Newmarket,” he said. “I think anybody from the horse industry following sale results would say it was a remarkable sale. We had horses selling in both the Sceptre Sessions and the non-Sceptre sessions, and we found that the market was equally strong across the board for whatever part of the sale we were selling in. Prior to that, we had come straight from a very strong Goffs sale where we had a lot of foals and they sold extremely well. I think all sale companies at the moment are riding something of a crest of the wave. They're all doing well, they're all having great sales and let's hope Arqana equally finishes the season in the same style.”

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