MyRacehorse Founder Michael Behrens Joins TDN Writers’ Room

As far as marketing for a nascent, unorthodox racehorse ownership venture goes, you couldn’t do much better than a horse carrying your silks into the Churchill Downs infield as the GI Kentucky Derby winner. That’s what Michael Behrens experienced Saturday, as Authentic (Into Mischief), bought into by his MyRacehorse microshare partnership in June, fought off favored Tiz the Law (Constitution) past the Twin Spires to earn the garland of roses. Wednesday, Behrens joined the TDN Writers’ Room podcast presented by Keeneland as the Green Group Guest of the Week to explain MyRacehorse’s business model and how the startup came to own one-eighth of a Derby winner.

“I am not from the racing world, I’ve been in ad tech and marketing my whole career,” Behrens said of his background. “Growing up in Southern California, Santa Anita was 15 minutes away and that’s where we went to decompress after crazy stressful weeks. Go out there with friends, have a couple of drinks and bet a few races. I just loved it as a sport, but was always very intrigued about how we can get more fan engagement. I started looking around and [found that] people who really were energized and excited about our sport were those that had some kind of interest in ownership, either through friends or a partnership, whatever it may be. And I just left that was where we could scale, where we could get mass adoption to appreciate the sport.”

MyRacehorse, which started as a pilot program in California, went national only last July. The company sells .001% microshares in Thoroughbreds with multiple shares available and returns that are deposited into owners’ accounts and can be withdrawn via its app. Previously acquiring stakes in Grade I winner Street Band (Istan) and graded stakes winner Lazy Daisy (Paynter), MyRacehorse stepped into the deep end when buying 12.5% of Authentic after the colt finished second in the GI Runhappy Santa Anita Derby. Behrens credits co-owner Spendthrift Farm’s B. Wayne Hughes with opening the door to that partnership.

“When I wrote the original business plan for this, I looked at the industry to try to figure out who had the personality, the DNA [for the idea],” he said. “B. Wayne Hughes, with his success in business and his innovation with breeding, I just loved his disruptive nature. I actually used to do marketing for Public Storage, one of his companies. I came out and took [Spendthrift General Manager] Ned [Toffey] through the idea. The next day, Mr. Hughes called me back in and we started talking. He wants the sport to continue to thrive and grow, so he loved the concept. We started partnering on a couple of deals and that relationship has only gotten stronger and stronger over time. Now he’s come in as one of our partners. Our relationship with Spendthrift and Mr. Hughes has been critical.”

Elsewhere on the show, the writers reacted to all angles of the Derby, GI Kentucky Oaks and the many impressive undercard and juvenile performances we saw this week. Plus, in the West Point Thoroughbreds news segment, they discuss the bankruptcy filing of Ahmed Zayat and wonder how it went south so quickly for the owner of the first Triple Crown winner in 37 years. Click here to watch the podcast; click here for the audio-only version.

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Practical Joke Yearlings Hit Market at Opportune Moment

Champion sire Into Mischief has had a lot of good weekends. But this year’s Kentucky Derby weekend had to be near the top of the list.

On Friday, his son Owendale ran second in the GII Alysheba S. at Churchill Downs only to be defeated by By My Standards, sired by none other than Into Mischief’s leading son Goldencents.

Then the next day at Saratoga, Into Mischief’s daughter Frank’s Rockette became a Grade II winner in the Prioress S. while at Gulfstream, Cool Arrow won the GIII Smile Sprint S. To wrap up the day, the speedy Baffert-trained Authentic became Into Mischief’s first Kentucky Derby winner in a historic Run for the Roses.

On the same day four years ago, another son of Into Mischief made headlines when Practical Joke took the second of five wins in New York in the GI Hopeful S.

“The professionalism that he showed in only his second start, to make a start like that so quickly and go to the lead to win with authority, really impressed me,” recalled Coolmore’s Adrian Wallace. “He stamped his class and his speed, and also the fact that he could take that speed around a turn and go seven furlongs.”

Campaigned by Klaravich Stables and William H. Lawrence, the Chad Brown trainee was undefeated in his first three starts as a juvenile, taking his division in New York by storm.

“He was, without a doubt, the top New York 2-year-old of his division,” Wallace said. “Anytime you have a horse that wins GI Hopeful S. and then the GI Champagne S., you have a serious sire prospect on your hands.”

Practical Joke continued his domination of New York in his second season, winning the GIII Dwyer S. followed by the GI H. Allen Jerkens S. He retired with close to two million dollars in earnings and took up stud duty at Ashford Stud in 2018.

Coming off a big weekend from Into Mischief and his son Goldencents, the first yearlings from Practical Joke are hitting the market at a highly opportune time.

The young sire averaged $102,028 at the weanling and short yearling sales with 35 of 46 sold and a top price of $320,000.

McMahon and Hill Bloodstock’s Mike McMahon said he knew from the start that he wanted to get his hands on a Practical Joke weanling.

“You had to use Practical Joke in your pinhook strategy,” he said. “He was a successful 2-year-old, he was fast and he’s by Into Mischief. You had to be thinking about him. We went after a couple early, but Larry Best got them.”

Best’s OXO Equine purchased a colt out of Promisedyouheaven (Unbridled’s Song) for $240,000 at the Fasig-Tipton November Sale, and then a second colt out of Bailzee (Grand Slam) days later at Keeneland for $260,000.

After missing out on a few other Practical Joke offspring, McMahon said he remembers meandering the sales ground and stopping by the Bedouin Bloodstock consignment. There he stumbled upon a colt by Practical Joke out of four-time stakes producer Miss Mary Pat (Service Stripe).

“That colt came out and I was like, ‘Oh my god, I can’t believe I missed this horse.’ He was the best Practical Joke I had seen,” he recalled.

Practical Joke colt out of Miss Mary Pat | Mike McMahon

The colt is now slated for the first day of the Fasig-Tipton Selected Yearlings Showcase as Hip 252 with the Gainesway consignment.

“This colt has a lot of quality,” McMahon said. “He’s a beautiful horse- a big hip, lovely top and he’s correct. He’s been very straightforward. I wish they were all so easy.”

Another 19 Practical Joke yearlings are catalogued for the Fasig-Tipton sale, and an additional 76 will go through the ring at the Keeneland September Sale.

“The thing that impresses me most about the Practical Jokes are their physiques,” said Wallace. “They’re big, very masculine-type horses. They cover a lot of ground and are good movers. They’ve got good shoulders and hips on them.”

One yearling that Wallace will have an eye on at Keeneland is Hip 1539, a colt out of the stakes-winning Rock Hard Ten mare Rock and Glory.

“He’s a very masculine, powerful horse,” he said. “He’s going to tick a lot of boxes and should be very popular at the sale.”

Wallace said he believes Practical Joke’s yearlings will attract a wide range of buyers in the coming weeks.

“Certainly people will remember him as a precocious 2-year-old, and that will encourage the 2-year-old [pinhookers] to take a chance on him. But I also think people will remember his longevity as a racehorse. I think people will remember his brilliance at Saratoga, remember the fact that he conquered Belmont and want to be a part of Practical Joke’s legacy.”

He also added that he thinks Practical Joke’s racing achievements are an indication of the success the horse will soon have at stud.

“There’s always exceptions, but horses that show brilliance at two and then can carry that on at three, they’re the ones that make the best sires,” he said. “They’re the ones breeders want to breed to and the ones the sales market wants. Practical Joke embodies that, and the fact that he’s a son of Into Mischief is a huge feather in any horses cap.”

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Mischievous Dream Lands Sorority in Dramatic Fashion for Into Mischief

The stellar weekend for Spendthrift Farm stalwart Into Mischief continued with a new stakes winner in Monmouth’s Sorority S. Monday.

Unveiled against New York-breds sprinting at Saratoga, Mischievous Dream closed to win by a length July 19, but could only manage fourth after a wide trip over course and distance in the Bolton Landing S. there Aug. 19. Stepped up to a mile for the first time, the third choice sidled over to the rail and settled in midpack in the full field behind splits of :23.20 and :48.37. Catching all the breaks, she began to make inroads with a quarter mile to travel and was just off the first flight and building momentum when a hole close directly in front of her. Forced to check sharply, jockey Joe Bravo angled her farther out asked her to re-engage the afterburners and she dove in between rivals to win as much the best, showing a sharp burst of acceleration in the process.

“I thought she was very impressive,” said trainer Christophe Clement. “She scared me at the eighth pole [when Bravo had to check severely]. I didn’t know she was good enough to overcome that and make it to the wire first. But I guess she is.”

“We always thought she was a nice filly. She broke her maiden impressively and we saw that she was better than she had done in her last start. She was training very well at Saratoga. That’s why we were trying to be a bit more ambitious with her and it worked out today.”

The 78th black-type winner for her sire, who sired 2020 GI Kentucky Derby hero Authentic Saturday, Mischievous Dream is second winner from five runners for her dual-winning dam. Just Livin a Dream foaled a filly by Practical Joke this year and was bred back to Disco Partner. The winner is a half-sister to the Leroidesanimaux (Brz) gelding Keepthedreamalive, who was SP. Second dam Princesa’s Passion is the dam of MGISW Presious Passion (Royal Anthem), known for his frontrunning tactics, good for two wins in one of Monmouth’s signature races, the GI United Nations S.

SORORITY S., $112,000, Monmouth, 9-7, 2yo, f, 1mT, 1:38.98, fm.
1–MISCHIEVOUS DREAM, 118, f, 2, by Into Mischief
                1st Dam: Just Livin a Dream, by Trippi
                2nd Dam: Princesa’s Passion, by Marquetry
                3rd Dam: Sizzlin Sunshine, by Sunshine Forever
1ST BLACK-TYPE WIN. O/B-Patricia A. Generazio (NY);
T-Christophe Clement; J-Joe Bravo. $60,000. Lifetime Record:
3-2-0-0, $99,200.
2–Invincible Gal (GB), 120, f, 2, Invincible Spirit (Ire)–Alsindi
(Ire), by Acclamation (GB). (200,000gns Ylg ’19 TATOCT).
O-Michael J. Ryan, Jeff Drown & Team Hanley; B-Rabbah
Bloodstock Limited (GB); T-H. Graham Motion. $20,000.
3–Tic Tic Tic Boom, 120, f, 2, Hit It a Bomb–Miss Dolan’s Rose,
by Judge T C. ($4,500 RNA Ylg ’19 FTKOCT). O-Timory Ridall;
B-Anita Nesser & BHMFR, LLC (KY); T-Alan Bedard. $10,000.
Margins: HF, HF, HF. Odds: 3.70, 1.60, 129.90.
Also Ran: Stellar Grace, Little Nutter, Flying Aletha, Sky Proposal, Miss Wild, Cilla, Social Exclusion, Tiz Ferguson, Unrequited Love. Scratched: My Beautiful Belle.
Click for the Equibase.com chart or VIDEO, sponsored by Fasig-Tipton.

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Jackie’s Warrior Meets ‘Rising Star’ Pair in Hopeful

With the obvious caveat that anything can happen with 2-year-olds this early in their development–look no further than Sittin On Go (Brody’s Cause)’s 24-1 upset in Saturday GII Iroquois S.–Monday’s GI Runhappy Hopeful S. looks solidly like a three-horse affair, as arguably the three most impressive dirt juveniles of the meet will clash in the seven-furlong test.

Made the fractional favorite on the morning line at 7-5, J. Kirk and Judy Robison’s Jackie’s Warrior (Maclean’s Music) looks formidable in his attempt for back-to-back Spa graded stakes scores. A first-out winner going five panels over next-out ‘TDN Rising Star’ Therideofalifetime Candy Ride (Arg) June 19 at Churchill, he went to the lead and fought off all comers to triumph by three lengths in a high-quality renewal of the GII Saratoga Special S. Aug. 7. Drawn outside of what little speed there is, the $95,000 Keeneland September grad figures to work out a dream trip as he stretches out an additional furlong.

Klaravich Stables’ Reinvestment Risk (Upstart) is a tick behind at 8-5 and may well go off favored at final odds. Unveiled going a local three-quarters in a loaded looking field of firsters Aug. 1, the $280,000 OBS March buy made short work of his rivals, rocketing away to a 7 3/4-length romp and ‘TDN Rising Star’ honors. Clicking off his final quarter in :23.81 while geared down late, Reinvestment Risk was flattered when third finisher Olympiad (Speightstown) returned to a sharp maiden victory Saturday at the Spa.

Rounding out the big three is another ‘Rising Star’ in Shadwell Stable’s Mutasaabeq (Into Mischief). Backed down to 85 cents on the dollar debuting at 5 1/2 furlongs here Aug. 8, the $425,000 Keeneland November weanling buy pressed the pace widest out and drew clear in the stretch to a 4 1/2-length success.

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