Tag: Horse Racing

Northwest Star Barkley Retired To El Dorado Farms In Washington

Barkley, one of the top runners at Emerald Downs over the past half-decade, has been retired from racing, and he will enter stud at El Dorado Farms in Enumclaw, Wash., for the 2021 breeding season. He will stand for an advertised fee of $2,000.

The 7-year-old son of Munnings retires with 10 wins in 20 starts for earnings of $368,425.

Barkley won his first six career starts – three of them in stakes competition – and he never finished worse than fourth until his final start. His career highlight came in the Grade 3 Longacres Mile Handicap in 2018, when he drew off in the stretch to win by 1 1/2 lengths.

Barkley was trained by Howard Belvoir for owner Rising Star Stable.

Bred in Kentucky by Candy Meadows, Barkley is the first foal out of the unraced Medaglia d'Oro mare Numero d'Oro, who has since had a Frosted colt bring $250,000 as a yearling in 2019, and a Practical Joke colt bring $525,000 earlier this year. His second dam is the multiple Grade 2-placed stakes winner Numero Uno.

El Dorado Farms will offer a discount to breeders booking multiple mares to Barkley.

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Ask Your Insurer Presented By Muirfield Insurance: Equine Loans And Your Insurance Plan

Equine insurance experts answer your questions about insuring Thoroughbreds for the breeding and auction realms.

Email us at info@paulickreport. com if you have a question for an insurer.

QUESTION: What role does my insurance plan play when applying for an equine loan?

BRYCE BURTON: Business owners within the Thoroughbred industry, similarly to other business ventures, have the option to apply for outside funding in order to assist with the acquisition of high valued purchases. Just as a new business owner may secure a loan for the purchase of a new home, piece of land, of horse farm, the same option is available for the purchase of livestock, including Thoroughbreds.

When purchasing Thoroughbreds, the simple rule of thumb is that financing is available on breeding stock, but not racehorses. Mares, foals, and yearlings can all be used as collateral for an equine loan. As you'd expect, the lender requires that the applicant carry a certain amount of Full Mortality Insurance coverage throughout the life of the loan, so that in the event that something catastrophic happens to the equine asset, which in this case also serves as the collateral, the lender will be paid back in full.

The general rule of thumb when securing an equine loan is that the lender will provide a note up to the amount of 50 percent of the purchase price, making the borrower responsible for paying for the other 50 percent of the purchase.

As an example, if a new owner purchases a mare in the amount of $100,000 at public auction, they have the option to acquire outside funds through a lender up to the amount of $50,000 and would be responsible for the other $50,000. The lender would then require that the borrower place mortality coverage for the amount of the loan, which in this case is $50,000. It should be noted that the insured has the option to insure 100 percent of the purchase if desired. However, in most instances, the bank will only require the insured shows coverage for the amount of the loan. The lender is listed as a Loss Payee on the policy so that in the event of a claim, both parties would be compensated for their respective interests.

Bryce Burton is a property and liability specialist for Muirfield Insurance. He is from Frankfort, Ky., where he grew up an avid race fan. His Thoroughbred racing fandom combined with a collegiate internship in the insurance industry, culminated in a start in the equine insurance field. Bryce has been with Muirfield Insurance since 2014, following his graduation from Transylvania University in Lexington.

The post Ask Your Insurer Presented By Muirfield Insurance: Equine Loans And Your Insurance Plan appeared first on Horse Racing News | Paulick Report.

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Bloodlines: Breeders’ Cup Future Stars Friday Was Draped In Godolphin Blue

Future Stars Friday at the Breeders' Cup at Keeneland produced a banner day for Sheikh Mohammed's Darley America at Jonabell Farm.

The stallion division took the bows with freshman sire Nyquist (by Uncle Mo) as the sire of Vequist, who was the winner in the Grade 1 Breeders' Cup Juvenile Fillies, and the broodmare side of the operation scored with the victory of the homebred Essential Quality (Tapit) in the G1 Breeders' Cup Juvenile.

Both 2-year-olds are likely selections at the Eclipse Awards as leaders of their divisions on the racetrack.

Vequist propelled her sire, champion juvenile colt and Kentucky Derby winner Nyquist, to the top of the freshman sire list, where he is virtually certain to stay with almost double the earnings of second-place Not This Time (Giant's Causeway). The third-place freshman sire is Laoban (Uncle Mo), who was recently purchased and moved from New York to WinStar Farm in Kentucky, where he will stand alongside the fourth-place freshman Outwork (Uncle Mo).

So, three of the top four freshmen are sons of Uncle Mo, and of the six freshmen sires who have sired a graded stakes winner, two are by Uncle Mo (Nyquist and Laoban), and two are by Giant's Causeway (Not This Time and Brody's Cause). The other two freshmen sires of graded winners are Hit It a Bomb (War Front) and Texas Red (Afleet Alex).

The most common denominator among the elite half-dozen? All but Laoban were top-class performers at two, four winning a Grade 1 and Not This Time finishing a close second in the G1 Breeders' Cup Juvenile to divisional champion Classic Empire.

Prior to the winning the Breeders' Cup Juvenile Fillies, Vequist had won the G1 Spinaway Stakes at Saratoga and finished second in the G1 Frizette Stakes to Dayoutoftheoffice (Into Mischief), who was second at Keeneland on Friday. Vequist's record show two victories from four starts, more than $1.2 million in earnings.

Later on Friday at Keeneland, the homebred Essential Quality remained unbeaten in three starts with a smooth effort in the Breeders' Cup Juvenile over Hot Rod Charlie.

Unlike Vequist, who was the fourth choice at 6.6-to-1, Essential Quality was second choice only to the previously unbeaten Jackie's Warrior (Maclean's Music), who was the odds-on favorite at .9-to-1 and finished fourth.

The Juvenile was the second Grade 1 victory for Essential Quality, who had previously won the Breeders' Futurity, and a 4 1/4 length margin over Jackie's Warrior probably will push the son of Tapit over the top for the Eclipse. If so, Essential Quality would be the second champion juvenile colt for his sire, who has been three times the leading sire in North America.

The first champion 2-year-old colt by Tapit was Hansen, a handsome and well-balanced gray who went to stud at Ashford, then was sold off to Korea before his first foals had arrived. In 2019, Hansen was the leading sire of juveniles in Korea and second on the overall list to perennial leader Menifee. In 2020, Hansen is currently the leading sire overall in Korea.

Additionally, if Essential Quality gets the Eclipse as champion colt, he would be the first Eclipse Award winner as top 2-year-old colt bred by Darley. Midshipman, a son of Unbridled's Song and already a G1 winner, was acquired by Darley as part of a massive package deal with the Stonerside operation of Robert and Janice McNair. The colt subsequently won the 2008 Juvenile, the Eclipse Award, and stands at Darley today.

Darley also stands Frosted, a freshman sire son of Tapit, and stood the now-deceased Elusive Quality (Gone West), who is the broodmare sire of Essential Quality through his stakes-placed daughter Delightful Quality.

Seven times second or third in stakes, Delightful Quality earned $253,900, and Essential Quality is the mare's fourth foal. Her second foal, the unraced Indelible (Tiznow), had sold for $130,000 as a broodmare at the 2019 Keeneland November sale. On Nov. 8, two days after her half-brother won the Juvenile at Keeneland, Indelible resold for $1.6 million, in foal to Nyquist, at the Fasig-Tipton November sale. The young mare brought the 11th highest price of the auction, and the buyer was Nobutaka Tada.

Delightful Quality has a yearling filly by Uncle Mo and was barren this year. She was bred back to Nyquist in 2020 but lost the pregnancy.

Darley bred Delightful Quality and has bred all her foals to date. This mare is a half-sister to champion juvenile filly Folklore (Tiznow), and both are out of the Storm Cat mare Contrive. A blocky and substantial mare greatly in need of scope, Contrive produced a near-carbon copy of herself who became the leading 2-year-old filly of 2005 with a pair of Grade 1 victories, including the Breeders' Cup Juvenile Fillies.

Shortly thereafter, Darley acquired Contrive for $3 million at the 2005 Fasig-Tipton November sale in foal to BC Classic winner Pleasantly Perfect (Pleasant Colony). Contrive produced nine foals for Darley, and six were fillies, including Divided Attention (A.P. Indy), who won the listed Ladies Handicap and was second in the G3 Tempted Stakes at two.

With the success of Essential Quality, Darley has another top horse from this famous family that extends back to the great broodmare La Troienne. The French-bred La Troienne crowned the family's roll of juvenile honor with her best son Bimelech, the champion 2-year-old of 1939 and a champion and multiple classic winner the following year.

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Serengeti Empress Retired; To Be Bred To Into Mischief In 2021

Serengeti Empress, the winner of the 2019 Kentucky Oaks, has been retired from racing and will be bred to leading sire Into Mischief during the 2021 breeding season.

The news was announced via a social media interaction between Hayley Amoss – the daughter of trainer Tom Amoss – and Spendthrift Farm's Mark Toothaker. Per Amoss' tweet, the 4-year-old daughter of Alternation will be boarded at Taylor Made Farm in Nicholasville, Ky., for owner Joel Politi.

Serengeti Empress finishes her racing career with seven wins in 19 career starts for earnings of $2,175,653. While the Oaks was a career highlight, the filly proved herself an elite runner around one turn or two, notching additional victories in the G1 Ballerina Stakes, and the G2 Pocahontas Stakes, Rachel Alexandra Stakes, and Azeri Stakes.

She finished third in last year's Breeders' Cup Distaff, and second in this year's Breeders' Cup Filly and Mare Sprint.

Into Mischief, a resident of Spendthrift Farm, was North America's leading general sire by earnings in 2019, and he continues to function at a high level in 2020, led by Kentucky Derby and Breeders' Cup Classic winner Authentic. He will stand the upcoming breeding season for an advertised fee of $225,000.

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