The Week in Review: Fusaichi Pegasus, Horse of Many Firsts

There were a lot of “firsts” associated with Fusaichi Pegasus, the 2000 GI Kentucky Derby winner who was euthanized at Ashford Stud May 23 due to old-age infirmities that had accumulated over his 26 years.

As the first Derby winner of the 2000s decade, this high-spirited, headstrong son of Mr. Prospector had commanded a $4-million price tag at Keeneland July, then the highest price paid for a yearling at that sale in 13 years. And to this day, that auction price remains as the highest ever paid for any starter in, let alone winner of, the Derby.

At 2.3-1 odds, Fusaichi Pegasus was the first favorite to win the Derby since Spectacular Bid in 1979. At the dawn of the 21st Century, recall that the Derby was mired in a deep drought of well-backed losers. At the time, its streak of losing favorites (since 1979) was almost as long as the span back to the sport's last Triple Crown champ (in 1978).

Although it wasn't evident at the time, beyond the numbers, the Derby victory by Fusaichi Pegasus would become a benchmark in the globalization of the sport.

Fusao Sekiguchi, who owned about 80 horses in Japan, became the first horse owner from that country to campaign a Kentucky Derby winner. Japanese connections have yet to win a second Derby, but horses based in Japan now have a points-based qualifying path to get into the Derby each year, and Japanese-campaigned horses have steadily been making their presence felt in other elite American races like the Breeders' Cup.

“FuPeg” got pounded to 3-10 favoritism for the GI Preakness S., but was upset by Red Bullet on a wet track, finishing 3 3/4 lengths behind in second. He was pointed for the GI Belmont S., but a minor foot injury kept him from starting. In an era when top contenders were still more or less expected to dance every dance in the Triple Crown series, his defection in 2000 meant that it was the first time since 1970 that neither the winner of the Derby nor the Preakness contested the Belmont.

Sekiguchi sold Fusaichi Pegasus to Coolmore Stud in June 2000 in a deal that was widely reported (but never officially confirmed) to be in the neighborhood of $60-70 million. At the time, that was the highest price ever paid for a racehorse.

The sale called for Sekiguchi to control FuPeg's racing for the rest of that sophomore season. Under the care of trainer Neil Drysdale, the colt won the then-GII Jerome H. at Belmont Park on Sept. 23, missed the GI Jockey Club Gold Cup with another foot ailment, and finished sixth as the beaten 6-5 favorite in the GI Breeders' Cup Classic to close out his career.

Fusaichi Pegasus went on to sire six champions worldwide, and his Grade I winners included Roman Ruler, Champ Pegasus, Haradasun (Aus) and Bandini. Southern Hemisphere stints at Haras Don Alberto and Haras Philipson yielded champion older horse Bronzo (Chi). Fusaichi Pegasus was pensioned in 2020 and had been living in retirement at Ashford.

Now nearly a full generation (human, not horse) has passed since that 2000 Derby. The official chart of the race reads like a Who's Who of A-list jockeys and trainers.

In fact, the 1-2-3-4 jockeys from that 2000 Derby (Kent Desormeaux, Alex Solis, Craig Perret, John Velazquez) are now all inductees in the National Museum of Racing and Hall of Fame. So too are the top four trainers (Drysdale, Bobby Frankel, and Todd Pletcher, who ran third and fourth). Fellow Hall-of-Famers Jerry Bailey, Chris McCarron, Pat Day, D. Wayne Lukas and Bob Baffert rounded out an impressive list of also-rans in FuPeg's Derby.

Pletcher's Understatement…

That 2000 Derby was the first for Pletcher. He saddled Impeachment (third), More Than Ready (fourth), Trippi (11th) and Graeme Hall (eased to last). Then 32, he said post-race with a positive vibe, “We showed we belonged here.”

Now fast-forward 23 years. Two Derby wins and four scores later in the Belmont S., Pletcher looks loaded for this year's edition of the third leg of the Triple Crown, with 'TDN Rising Stars' Forte (Violence) and Tapit Trice (Tapit) vying for favoritism.

Forte, the 2-year-old champ, is two breezes back after being scratched as the morning-line favorite for the Derby with a bruised right front foot on the morning of the race. He'll attempt 12 furlongs off a 10-week break.

According to DRF's Formulator, Pletcher has won at a 21% clip (45-for-217) with all starters who were off between nine and 11 weeks over the last five years. Within that group, his strike rate dips to 1-for-12 (8%) in just Grade I races with the same layoff parameters.

Tapit Trice may end up attracting more pari-mutuel attention, simply by the virtue that his running style begs for 1 1/2 miles over a vast, expansive oval like Belmont's.

Although seventh in the Derby after yet another characteristically slow break and some backstretch momentum loss, that poor result masks a decent middle move that is also emblematic of Tapit Trice's way of going.

It takes this burly gray quite a while to fully uncoil, and in both the Derby and in his previous win, in the GI Blue Grass S., he launched his bid from six furlongs out, which is something no other contender on the Triple Crown trail has been able to do with any degree of success this season.

Pletcher also said that GII Louisiana Derby winner Kingsbarns (Uncle Mo), 14th in the Derby, will bypass the Belmont after demonstrating signs of colic Friday morning. The colt did not need surgery and is recovering after treatment with fluids.

Derby winner and Preakness third Mage (Good Magic) is being freshened for a run at the GI Runhappy Travers S. in August. Derby runner-up Two Phil's (Hard Spun) will reportedly take aim at the June 24 GIII Ohio Derby.

Wire-to-wire Preakness victor National Treasure (Quality Road) is listed as probable for the Belmont, as are deep-closing Derby third Angel of Empire (Classic Empire), Hit Show (Candy Ride {Arg}), Il Miracolo (Gun Runner), Raise Cain (Violence) and Red Route One (Gun Runner).

Belmont “possibles” include Arabian Lion (Justify), Arcangelo (Arrogate), Prove Worthy (Curlin) and Reincarnate (Good Magic).

Meanwhile, on the Left Coast…

Santa Anita's top colts all had to opt out of this year's Derby because of illness. Two of them are back on the work tab and being considered for the $100,000 Affirmed S. at 1 1/16 miles June 4, according to that track's notes team.

Geaux Rocket Ride, (Candy Ride {Arg}), who was scratched from the GI Santa Anita Derby Apr. 8 with an elevated temperature, worked seven furlongs in 1:26.40 (1/1) Friday for trainer Richard Mandella in preparation for the Affirmed.

In just two lifetime starts, Geaux Rocket Ride has paired 92 and 96 Beyer Speed Figures. He was narrowly favored in the betting for the GII San Felipe S. in just his second lifetime try and first around two turns. A speed-centric threat, he gamely forced the issue on the front end of a high-tempo pace, yet still managed to finish determinedly in the final furlong to hold second when faced with a fresh challenge from a more experienced winner.

The late-developing Skinner (Curlin), who was third in the Santa Anita Derby for trainer John Shirreffs, shipped to Louisville and was entered in the Kentucky Derby. Then he, too, missed a start with a fever.

Skinner has returned with three works at Santa Anita since then, including five eighths in 1:02.20 (33/44) on Sunday, with the Affirmed as his next possible target.

Practical Move (Practical Joke), who beat both Geaux Rocket Ride and Skinner at Santa Anita, has yet to post a published workout since a fever caused him to be scratched from the Derby two days before the race.

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Arthur B. Hancock III Selected As 2020 Honor Guest By Thoroughbred Club Of America

Arthur B. Hancock III has been selected by the Board of Directors of the Thoroughbred Club of America as the 2020 Honor Guest, Club President Katherine LaMonica announced Tuesday. Mr. Hancock will be honored by the Club at its 89th Testimonial Dinner.

“The Thoroughbred Club of America is excited to name Arthur B. Hancock III as our 2020 Honor Guest”, said LaMonica. “Arthur represents the Thoroughbred industry in its most sincere form, hailing from a family rooted strongly in tradition, while forging his own unique legacy of horsemanship and leadership in our sport.”

Arthur B. Hancock III is the owner of Stone Farm in Paris, Kentucky. He has made his mark breeding, racing, and selling Thoroughbreds, as well as putting his personal stamp on the development of Stone Farm and its ongoing success. A fourth-generation horseman, Hancock grew up on historic Claiborne Farm. As a young man, he worked a year at the racetrack for Hall of Fame Trainer Eddie Neloy and returned to Claiborne to work as the assistant broodmare and yearling manager under the tutelage of his father. In 1970, Hancock leased 100 acres and launched Stone Farm. Today, the farm comprises 2,200 acres and has been in operation for fifty years.

As a market breeder, Hancock bred, raised and sold Belmont Stakes and Preakness winner Risen Star and Kentucky Derby winner Fusaichi Pegasus. For farm clients, Hancock raised and sold two Horse of the Year honorees, Sunday Silence (1989) and Bricks and Mortar (2019). As an owner, Hancock campaigned Sunday Silence, Gato Del Sol, Goodbye Halo, Menifee, Strodes Creek, Harlan and a cast of others to win the Kentucky Derby twice, the Kentucky Oaks, the Preakness Stakes, the Breeders' Cup Classic and other notable Grade 1 races. In Europe, Stone Farm-raised standouts have included Classic colt Hawaiian Sound, Champion Filly Rainbow View, and Champion Juvenile Colt Air Force Blue. Stone Farm has produced nearly 180 stakes winners, including the winners of more than 75 graded stakes. In addition, Stone Farm was home to two-time Leading Sire Halo, who was the sire of Champion Sunday Silence, himself a pivotal international stallion.

In his capacity as an industry leader, Hancock has served on the Kentucky Horse Racing Commission, as a director of Keeneland Association and Fasig-Tipton Company, and as a member of The Jockey Club. Especially visible has been Hancock's leadership in fostering integrity in racing. He is a cofounder and outspoken supporter of the Water Hay Oats Alliance (WHOA), a growing force dedicated to eliminating performance-enhancing drugs in racing. He is an active supporter of Thoroughbred aftercare, and living by example, he relocated homebred Kentucky Derby winner Gato Del Sol back to Stone Farm from Germany at the conclusion of his stallion career.

Hancock is a graduate of Vanderbilt University, where he was co-captain of the swim team and won the Southeastern Conference in the 100-yard free style. In addition, Hancock is an accomplished songwriter and musician. He has produced several collections of original music, and performers the caliber of Willie Nelson and Ray Price have covered his songs.

Hancock and wife Staci have been married for 43 years and have raised six children. They currently have two grandchildren.

The Thoroughbred Club Testimonial Dinner was inaugurated in 1932, the year the Club was founded, to recognize distinguished contributions of leadership as well as success in the Thoroughbred industry. The first recipient was Col. E. R. Bradley, and other winners include William Woodward Sr., three generations of the Hancock family of Claiborne Farm, plus Ted Bassett, Shug McGaughey, Alice Chandler, Chris McCarron, and The Honorable Brereton C. Jones. To learn more about The Thoroughbred Club of America, visit us online at www.thethoroughbredclub.com. Due to the Coronavirus, the date for the 89th Testimonial Dinner has yet to be determined.

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Ashford Stud To Offer Southern Hemisphere-Season Breedings For Resident Stallions

Ashford Stud in Versailles, Ky., will offer the services of its stallions remaining in the U.S. for the summer and fall for matings on the Southern Hemisphere season's schedule.

Top commercial sire Uncle Mo leads the way with a Southern Hemisphere season fee of $30,000. The 12-year-old son of Indian Charlie has seen his greatest Southern Hemisphere success in Australia, where his runners are led by Man From Uncle, winner of the Group 2 Hobartville Stakes and G3 Eskimo Prince Stakes.

Munnings, a 14-year-old Speightstown horse, will stand for $15,000. His top runner south of the Equator was Argentine-born Rock and Fellers, who was a group stakes-level competitor in his native country before being moved to race in the U.S.

Veteran sire Lookin at Lucky is advertised at $10,000. The 13-year-old son of Smart Strike has shuttled in the past to Australia and Chile, and he's proven especially effective in the latter country, finishing 2017 as the country's leading sire. His top Chilean-sired runners include Chilean Filly Triple Crown winner and U.S. Grade 1 winner Wow Cat, and Chilean Derby winner Full of Luck.

Following is a complete list of Ashford Stud's stallions available for Southern Hemisphere-time breeding, along with their advertised fees for the season.

Air Force Blue – $8,000
Competitive Edge – $5,000
Cupid – $5,000
Fusaichi Pegasus – $3,000
Lookin at Lucky – $10,000
Mo Town – $5,000
Munnings – $15,000
Practical Joke – $10,000
Tale of the Cat – $5,000
Uncle Mo – $30,000

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Not This Time, Speightster Join Exclusive Club With Seven-Figure Juveniles

The reconfigured racing and auction calendar has allowed freshman sires to emerge simultaneously as leaders on the racetrack and in the auction ring, and the two stallions who have best grasped the opportunity in the early stages of 2020 are Not This Time and Speightster.

Both sires are already off the mark with their first winners, and they each stepped out on the commercial stage to have seven-figure juveniles from their respective first crops at the Ocala Breeders' Sales Co. Spring 2-Year-Olds In Training Sale.

Not This Time, a Grade 3-winning son of Giant's Causeway, had the sale-topper when Gary Young signed on a filly for $1.35 million. Speightster, a Grade 3 winner by Speightstown, jumped in during the auction's final offerings when Christina Jelm, bidding on behalf of Larry Best's OXO Equine, bought a colt for $1.1 million.

Not This Time and Speightster became the 19th and 20th North American stallions to knock down a seven-figure offering in their first crops of 2-year-olds since 2000, joining a group that also includes Hennessy, Stormy Atlantic, Sea of Secrets, Stephen Got Even, Fusaichi Pegasus, Dixie Union, Tiznow, Songandaprayer, Exchange Rate, Red Bullet, Johannesburg, Vindication, Mineshaft, Speightstown, Big Brown, Orb, Liam's Map, and American Pharoah.

However, getting over the million-dollar mark in that initial crop is no guarantee of short-term or long-term success at stud, with each member of the club's lot in life varying wildly from their common flashpoint.

For this analysis, we'll take a look at how the first 18 sires in the club – the “Group of 18,” for simplicity's sake – progressed at three different key points in their careers.

First, we'll see how their seven-figure auction horse fared to gauge immediate success. Then, we'll see how each stallion ranked among their respective freshman sire classes. Finally, we'll take a look at the big picture, and see how the group has performed throughout the course of their stallion careers.

In The Short Term – The Seven-Figure Sale Grads

 

 

 

 

 

 

 

 

 

 

The pressure on a seven-figure juvenile to perform on the racetrack is intense enough without adding the magnifying glass of having to help prove his or her freshman sire's credentials, to boot. No single runner can define a stallion's resume, but a seven-figure auction grad naturally becomes a billboard for what the market deems as the best that stallion has to offer.

None of the first-crop seven-figure juveniles by the “Group of 18” successfully paid for themselves on the racetrack, and their average earnings are just over $200,000. However, several of them carved out solid resumes in competition, which led to successful careers in the breeding shed.

The two gold standards in this regard are Munnings, the first seven-figure juvenile for Speightstown; and Harmony Lodge, who carried the banner for Hennessy.

After breezing an eighth in :10 flat at the 2008 Fasig-Tipton Calder Selected 2-Year-Olds In Training Sale, Munnings sold to the Coolmore partnership for $1.7 million, the second-highest price of the sale. He'd go on to make $742,640 at the races, highlighted by victories in the Grade 2 Woody Stephens Stakes, Tom Fool Handicap, and Gulfstream Park Sprint Championship Stakes. He now resides at Ashford Stud in Versailles, Ky., where he nears a decade of service as one of the farm's most reliable stallions.

Harmony Lodge sold to Eugene Melnyk for $1.65 million at the 2000 Fasig-Tipton Calder Sale, and she'd go on to earn more than any other horse in the seven-figure freshman juveniles club, at $851,120. Her five graded stakes wins over five seasons of racing include the Grade 1 Ballerina Handicap, making her the group's only Grade 1 winner. She then went on to become a highly productive broodmare, with her progeny to date including Grade 3 winner Stratford Hill and Grade 3-placed stakes winner Armistice Day.

The most active horse of the group was Maltese Tiger, from the first crop of WinStar Farm's Tiznow, who raced 34 times, primarily in the claiming ranks at Turf Paradise and Emerald Downs. He won 10 times and finished second in another 13 races to earn $95,017.

His is one of the more curious paths among the group. After bringing $1 million at the 2005 Fasig-Tipton Calder sale, Maltese Tiger debuted as a 5-year-old at Turf Paradise for a $30,000 claiming tag, and finished an unclaimed second. He'd run to age nine, and after finishing his career at Les Bois Park, he became a sport horse.

In total, seven of the millionaires by the incumbent “Group of 18” were graded stakes winners. Two are unraced, though Manilenyo, an American Pharoah colt secured by Coolmore for $1.65 million at last year's Fasig-Tipton Gulfstream Sale, is still in the midst of his 3-year-old season and has time to build his resume.

In The Mid-Term: The Freshman Sire Race

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The performance of a sire's first crop in their 2-year-old season can define the trajectory of an entire stud career. A quick start can set a horse up for life, while a slow starter can lose the attention of mare owners, and potentially be moved to a secondary market by impatient farms.

With that in mind, the “Group of 18” finished all over the board in the freshman sire standings during their respective seasons, and where they finished in their rookie years was no guarantee of their long-term prospects.

For Not This Time and Speightster, the ideal roadmap for the remainder of the year probably looks like the one Johannesburg took in 2006.

Johannesburg saw La Traviata go to the Coolmore partnership for $1.1 million at that year's Fasig-Tipton Calder sale, and the filly was on the frontlines for her sire's near-sweep of the freshman standings. The stallion ended the year first among rookie sires by runners, winners, stakes winners, and graded stakes winners, and second by earnings, helped greatly by Scat Daddy's wins in the G1 Champagne Stakes and G2 Sanford Stakes. La Traviata contributed to the equation with a score in the G3 Victory Ride Stakes.

Johannesburg had seven total stakes winners in his freshman season, which was the most among the “Group of 18,” and one better than Fusaichi Pegasus. His three graded winners tied with Triple Crown winner American Pharoah for the most in the group, as well.

Among the “Group of 18,” if Johannesburg did not claim the top spot in a significant freshman category, he finished second to Ashford Stud's American Pharoah.

The son of Pioneerof the Nile became the second sire in the group to have a Breeders' Cup winner among his freshman-sired runners, when Four Wheel Drive took last year's Breeders' Cup Juvenile Turf Sprint. He joined Tiznow, who had Folklore in the 2005 Juvenile Fillies.

American Pharoah was part of a deep and diverse freshman class last year, but the fervor surrounding his historic Triple Crown win brought in a high volume of mares to his first book, and in turn put a high volume of runners on the track. He led the freshman class of 2019 by runners, winners, and earnings, and he was second by stakes winners (four) and graded winners (three).

Among the “Group of 18,” his 72 runners and 27 winners were the most in the club during their respective freshman seasons, and his progeny earnings of $2,703,916 was nearly $1 million ahead of second-place Johannesburg.

Also of note, Tiznow was the only group member with an Eclipse Award winner in his freshman season, with Breeders' Cup winner Folklore also taking home champion 2-year-old filly honors.

What's especially interesting about this snapshot of the group is who performed poorly.

Mineshaft entered stud at Lane's End in 2004 off a Horse of the Year campaign a season earlier, and the commercial interest made itself clear when B. Wayne Hughes went to $1.75 million for Patricia's Gem at 2007 Keeneland April 2-Year-Olds In Training Sale.

However, Mineshaft mustered just nine winners from his freshman crop, ranking him 25th in his class. His runners made $311,830, good for 17th. He had one overall stakes winner, and no graded winners. Patricia's Gem went on to become a Grade 1-placed runner in later seasons, but she was winless at two.

Stephen Got Even, who also stood at Lane's End, also failed to get off the mark early after Dubai Dreamer sold to Godolphin for $3.1 million at the 2004 Calder sale. He finished his first year with seven winners (32nd in his freshman class), no stakes winners, and $317,857 in progeny earnings (26th among freshmen and second-least among the “Group of 18”).

As will be seen in the next section, Lane's End was rewarded for its patience with both stallions after their first youngsters didn't keep pace with the lofty juvenile sale prices. Stephen Got Even stood 15 seasons at Lane's End until his pensioning at the end of 2015, and he is buried on the farm. Mineshaft is wrapping up his 17th season at stud, and has become a prolific source for classic runners.

In The Long-Term: The Full Career

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The most important question for any sire that starts fast in the commercial arena is whether they can sustain that early momentum over the course of their stud career. Like the first two touchstones, there is no clear-cut trail among the “Group of 18,” but the outcomes are generally more positive than negative.

The stallion with arguably the most complete resume after getting a seven-figure juvenile at auction from his first crop is Tiznow.

Not only is the son of Cee's Tizzy the only member of the “Group of 18” to chalk up both an Eclipse Award winner (Folklore) and a classic winner (Da'Tara in the 2008 Belmont Stakes), he leads all sires in the group by progeny starts in Triple Crown races (14) and his two Breeders' Cup victories (Folklore in the 2005 Juvenile Fillies and Tourist in the 2016 Mile) ties him for first with Speightstown and Stormy Atlantic.

Speightstown, a fellow WinStar Farm resident, has also fared well in his stud career, leading this group by Breeders' Cup starts by a wide margin, with 32, including 2016 Dirt Mile winner Tamarkuz and 2019 Juvenile Fillies Turf winner Sharing. He also leads the group by earnings with $111,713,652, which is especially impressive considering the stallion has never had a starter in a Triple Crown race.

After a quiet start in his freshman season, Mineshaft has compiled one of the more impressive resumes in the group, especially in regards to classic starts. The 12 appearances by Mineshaft offspring ranks him a close second behind Tiznow, and he is one of just seven in the group with a Breeders' Cup winner.

Vindication, Dixie Union, and Hennessy saw their careers cut short by early deaths. Dixie Union in particular made the most of his abbreviated time at stud, with 2012 Belmont Stakes winner Union Rags making his sire one of just two in the group with a U.S. classic winner.

Four sires have gotten Eclipse Award winners, and fittingly, three of them were for 2-year-olds. In addition to Folklore bringing home the hardware for Tiznow, Johannesburg snagged champion juvenile male honors for Hennessy in 2001, and Stevie Wonderboy earned the same title for Stephen Got Even in 2005. Stormy Atlantic is the outlier in the group, with Stormy Liberal winning the champion turf male title in 2018.

Two sires in the “Group of 18” sired future group members themselves. Hennessy is the sire of champion juvenile Johannesburg, while Speightstown brought in the 20th member, Speightster.

The Kentucky stallion market can be quick to relocate a stallion if they underperform, but this group has done an admirable job sticking around. As the 2020 breeding season draws to a close, 11 of the 18 veteran members have spent their entire Northern Hemisphere stallion careers in Kentucky. Meanwhile, Stormy Atlantic and Exchange Rate moved to Kentucky early in their stud careers, after their first crops started fast when they were Florida residents.

On the other side of the coin, the title for the least successful member of the “Group of 18” by lifetime achievement likely falls to Sea of Secrets.

The stallion gained plenty of buzz when his colt Diamond Fury sold for a then-world record $2.7 million at the 2003 Barretts March Sale, but Sea of Secrets never found his footing at the highest level of competition. After standing his first five seasons at Walmac Farm in Lexington, Ky., he was moved to California, where he remained for the rest of his career.

Though he became a respectable sire in his new home state, Sea of Secrets' three graded stakes winners was the least among the group members with 10 or more crops of racing age, and American Pharoah matched the feat in his freshman season alone.

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