Patience Pays Off As Counterparty Risk Victorious In Endeavour Stakes

Klaravich Stables' Counterparty Risk cut the corner turning for home under jockey John Velazquez and held firm for a one-length victory from New York Girl in Saturday's Grade 3, $175,000 Lambholm South Endeavour Stakes for older fillies and mares. Margaret's Joy rallied for third.

The 4-year-old Irish-bred, making only her fourth start, is trained by Chad Brown. Her time for the 1 1/16 miles on the grass was 1:43.20. Counterparty Risk is by Australia, out of the Acclamation mare Anklet.

Counterparty Risk rated in fourth for the opening six furlongs as No Mercy Percy, a 23-1 longshot, led through fractions of :24.31, :49.40 and 1:13.56. New York Girl tracked the leader before making her move at the top of the stretch but couldn't hold off the winner.

The victory was the fourth on the card for Velazquez. The favorite, Counterparty Risk paid $3.80 for her second career victory.

“She's a real exciting prospect for us moving forward,” Brown said by telephone. “(Her winning a Grade 3 in her fourth start) is a credit to her and my team. She has had some injuries, none serious, but always inconveniencing and requiring patience.

“(Owner) Seth Klarman is extremely patient and always puts the horses' interests first. She ran super today and got a terrific ride from Johnny V, which is what you expect from a Hall of Famer. She shot through the opening turning for home and showed a great turn of foot. We are very grateful for her ability and my team's preparation,” Brown said.

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