Instant Dividends From a Long Saga

It's not like you just add water. For the very possibility of reaping the ultimate harvest with Instant Coffee (Bolt d'Oro), on the first Saturday in May, has only been able to take root because the ending of even the longest stories, in this game, can always prove the start of a new chapter.

Having already demonstrated an aptitude for the Churchill surface in winning the GII Kentucky Jockey Club S., Instant Coffee resumes the Derby trail in the GIII Lecomte S. at the Fair Grounds on Saturday. And while those most immediately concerned in his performance are owners Gold Square LLC and the Brad Cox team, the colt also has the chance to script a heartening sequel to the poignant renunciation of a quest that had stirred much nostalgia in Maryland and beyond.

That Sagamore Farm happens to be registered as Instant Coffee's breeder is evidently more or less a quirk of bureaucracy. A deal had already been done for his dam Follow No One (Uncle Mo) to join the broodmare band at Upson Downs Farm in Goshen, Ky., and Instant Coffee was foaled, raised and prepared for sale there. But his existence nonetheless owes much to those years when Kevin Plank, as a proud son of Maryland, strove to restore Sagamore as a force in the Thoroughbred world.

It was here, of course, that Alfred G. Vanderbilt II bred Native Dancer before launching him on one of the greatest track careers in Turf history. “The Gray Ghost of Sagamore” subsequently achieved an enduring legacy at stud, notably via Raise A Native and Natalma, and is buried at the farm. And there were moments, during the Plank revival from 2007, when those specters found fresh company on the national stage: as when Shared Account (Pleasantly Perfect) won the GI Breeders' Cup Filly and Mare Turf in 2010, and Global Campaign (Curlin) won the GI Woodward H. a decade later.

Even as the latter was preparing for his swansong in the GI Breeders' Cup Classic, however, it was announced that the farm was to be turned over to wheat and rye in support of Sagamore Spirit whiskey. Global Campaign ran an excellent third, and is now bidding to extend the farm's Turf heritage as a WinStar stallion. But for Hunter Rankin, the impressive young president of Sagamore's Thoroughbred program since 2015, it was time to find a new path in the industry.

Little could he realize that the twists and turns of fate had already reserved a wonderful consolation for the disappointing end of this particular adventure. For it was Rankin who bought Follow No One for Sagamore as a juvenile, at the OBS April Sale of 2016; and, after she failed to reach her reserve at $85,000 at the Keeneland November Sale in 2018, it was his father Alex who was able to agree terms with Plank to keep her for the family farm. Moreover it was Sagamore's final flourish with Global Campaign, trained by his cherished mentor Stan Hough, that helped to steer Rankin towards that horse's half-brother Bolt d'Oro (Medaglia d'Oro) as an appropriate first cover for Follow No One. The result is Instant Coffee.

So while the ambition to rekindle Sagamore as a beacon of the Maryland Turf was ultimately reduced to ashes, Rankin has been delighted to stoke up a final flame out of the embers; to have found a way, so to speak, of adding a little “more” to this great “saga”.

“Yeah, it's really cool,” he says. “I was very proud of what we tried to do there, of the effort that we put in to get where we were trying to go, which was to compete at the highest level and breed the best horses we could. It didn't work out, and I'm sure I'd go back and change some of things that we did, but we did our best and that's all you can do.

“Our goal was always to get a horse that would transcend Sagamore, and carry that brand whether we were in it or not: to have a horse to stamp the place, like Native Dancer did. Of course I'm not saying that Global Campaign is a Native Dancer. But it would be really nice for us to point to something and say that we did that while we were there. And, gosh, he just had so much talent-and he's the reason we bred this mare to Bolt d'Oro. So, yeah, what a great story.”

Follow No One was initially purchased by Gatewood Bell for just $20,000 at the Fasig-Tipton Kentucky Fall Yearling Sale. Pinhooked through Eddie Woods, she advanced her value to $100,000 when Rankin bought her for Sagamore the following spring.

“She was petite, not small by any means, but feminine,” Rankin says. “She's kind of a dainty type. She worked okay, 21.1, but she had little things, I guess you could pick her apart. But I talked to Eddie and he said, 'I think she's a really nice filly, she's sound, she'll run through her conditions and I could maybe get some black type for you.' And that's exactly what happened, he was dead on.”

Follow No One (who was so named by skier Lindsay Vonn) did grab third in a Laurel sprint on her only black-type start, but her overall record was fairly modest and, though she was out of a stakes-winning daughter of the KatieRich foundation mare Miss Mary Apples (Clever Trick), nobody was too interested when she was consigned for sale through Upson Downs as a 4-year-old.

“It was about the time that we were transitioning out of the breeding part of things at Sagamore,” Rankin explains. “After she RNA'd, we put her in foal and my dad, who had liked her on the farm, ended up buying her privately.”

Rankin had naturally admired Bolt d'Oro as a racehorse but especially favored him as a first mate for Follow No One because of his regard for his half-brother.

“We just thought, and still think, that Global Campaign will be a great sire,” he reasons. “So we wanted to support that line, and she did fit well with him: her pedigree matched up, and their body types seemed to mesh well too. Well anyway, we got the foal-and what a nice foal he was. She's a little offset, a little this and that, but her foals have been great. And he was great. He was a lot like her: not feminine, but very similar in that [elegant] body type. He became a very good-looking yearling, very sensible and straightforward.”

Though offered deep in the Keeneland September Sale, Instant Coffee made $200,000 from Joe Hardoon as agent and duly won on debut at Saratoga. Still inexperienced when just missing the frame from off the pace behind divisional champion elect Forte (Violence) in the GI Claiborne Breeders' Futurity, he then banked 10 Derby starting points on his successful reconnaissance of Churchill.

Incidentally, Rankin reminds us of an overlooked distinction in another Kentucky horseman that day. For the same year that he pinhooked Follow No One, Gatewood Bell also bought a rather more expensive yearling at Saratoga for Cheyenne Stables: a $750,000 daughter of Tapit who won a couple of races before being sent to Into Mischief. The resulting filly is Hoosier Philly, who romped in the GII Golden Rod S. half an hour before Instant Coffee won. Bell, it seems, was only just getting going as a bloodstock agent when he joined Keeneland as Vice-President of Racing a couple of years ago!

Rankin himself has meanwhile engaged with a stimulating new project, having topped the second session of the Keeneland January Sale when signing a $650,000 docket for the promising young filly Ancient Peace (War Front) on behalf of Boardshorts Stables. But meanwhile there's an obvious personal fulfilment available in having brought together the dam of a potential Derby horse, as a residue of his time with Sagamore, with his parents' home operation. (It's a connection, by the way, that has already been fertile in the past: at Saratoga in 2018 Upson Downs consigned Shared Account's $350,000 daughter by Speightstown for Sagamore, and she became GI Breeders' Cup Juvenile Fillies Turf winner Sharing.)

“I help with all their matings and I love working with my dad,” Rankin says. “He and I are very close. It was always his dream to own a horse farm, and we moved out there from town when my mom was pregnant with me. And he built it from a single mare that he bought in 1983 with [the late] Bob Courtney, who was a legend around Lexington and like a second father to my dad. Everybody loved Bob, my dad was just lucky enough to know him and learn from him, very much the same way I have been with Stan.”

That foundation mare, Flash McAllister (Ward McAllister), cost just $24,000. Her granddaughter Tar Heel Mom (Flatter) was trained by Hough to win 11 of 31 starts and $832,892 in the family silks, including three graded stakes, and it's a dynasty that has been cultivated at Upson Downs for 40 years now. For this is an enduring passion that has placed Rankin's father, in daily experience, shoulder to shoulder with the Bluegrass community-a point worth stressing in view of the occasional flak he inevitably endures in his role as Chairman of the Board at Churchill Downs Inc.

Having served a stint with CDI himself, Rankin acknowledges the heartache and contention over the sale of Arlington, in particular, but emphasizes the authentic commitment to the wider sport that he found among colleagues there. And, be all that as it may, the one guarantee is that long and ardent embrace of life at the coalface-Upson Downs foals out 50 to 60 mares every year, the majority for longstanding clients-fully preserves his father in the respect of fellow horsemen.

Rankin Sr. has built up the farm parallel to his work as chairman of Louisville insurers Sterling G. Thompson Co. “From the day they moved out there he worked every weekend, all day, and then Monday through Friday he'd wake up at 5 a.m., go out on the farm until 7.30 and then go to work,” marvels Rankin. “He has lived and breathed it for a really long time. Like when we had that big cold snap recently, and the temperature's negative five, he was still out there breaking the water tanks. He shouldn't be doing that anymore, but he does. And you hope that all that hard work pays off for him, because he's such a great guy.”

Little wonder, then, that Rankin is so gratified by the rise of Instant Coffee. He knows that the Derby still remains a long way off; but he also knows that Cyberknife (Gun Runner), after disappointing the same connections in the Lecomte last year, regrouped to confirm himself one of the best of the crop. So who can say what flavors may yet percolate through the Instant Coffee story?

Follow No One, remember, has only just turned nine. She has a juvenile filly by Frosted but sadly aborted last year before being bred to Maclean's Music. All going well with that imminent delivery, her first son's flying start is scheduled to earn her an upgrade in fee this spring to Life Is Good.

“We're excited,” Rankin says. “There's a good nucleus on the farm right now, youngish mares either with nice family or that could run a little bit. But to have this horse running for one of those mares, foaled and raised at Upson Downs, it's a dream. When he won in November, one of the girls that helped raise him was in the winner's circle crying. So it's a neat story. And just for my parents, you'd love to have a really, really good horse come off the farm. They've raised Grade I winners, for clients, but you'd love to have something that had a chance at the big one.”

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Thoroughbred Owners And Breeders Among 2,755 Billionaires Ranked By Forbes

As owners of the French luxury brand, Chanel, brothers Alain and Gerard Wertheimer are among the world's most fashionable Thoroughbred owners and breeders. According to the latest World's Billionaires List published by Forbes, they are also the richest.

According to Forbes, Alain and Gerard Wertheimer each have a net worth of $34.5 billion putting them at No. 41 on the list of 2,755 billionaires worldwide.

Amazon founder Jeff Bezos is atop the list with an estimated net worth of $177 billion.

Racing primarily with homebreds in Europe and the U.S. under the stable name Wertheimer et Frere, the brothers are best known for campaigning Goldikova, three-time winner of the Grade 1 Breeders' Cup Mile. Their current stable star is Todd Pletcher-trained Happy Saver.

At least a dozen others from the Forbes Billionaires List have been identified as Thoroughbred owners or breeders. (Note: The list does not include members of Arab country ruling families, including the Maktoums of Dubai.)

Next on the list among individuals affiliated with Thoroughbred racing and breeder is financier George Soros, whose Soros Fund Management in 2008 launched SF Racing and SF Bloodstock, now operated by Gavin Murphy and Tom Ryan. Forbes estimates a net worth of $8.6 billion for the Soros, putting him at No. 288.

Cable television magnate John Malone is ranked 316th on the Forbes list with an estimated net worth of $7.8 billion. One of America's biggest landowners, Malone owns Bridlewood Farm in Ocala, Fla., and Ballylinch Stud in Ireland.

Tamara Gustavson, daughter of the late B. Wayne Hughes, is ranked 496th on the list with an estimated net worth of $5.6 billion. With husband Eric, Tamara Gustavson now operates Spendthrift, which Forbes estimated has a $400 million value. A Forbes-produced video explains how they arrived at that estimate, based on leading stallion Into Mischief, other bloodstock holdings and the farm's property and buildings.

Wayne Hughes, who died in August, remained on the Forbes list, ranked 925th with an estimated net worth of $3.3 billion. A self-made billionaire, Hughes created Public Storage, the largest self-storage company in the U.S.

Vincent Viola is ranked 807th on the list with an estimated net worth of $3.7 billion acquired in part from his electronic trading startup, Virtu Financial. Owner of the NHL's Florida Panthers, Viola co-owned Vino Rosso, winner of the G1 Breeders' Cup Classic in 2019.

Another owner of sports teams, Gayle Benson, ranks 891st on the Forbes lislt with an estimated net worth of $3.4 billion. Benson, widow of Tom Benson, owns the NFL's New Orleans Saints and NBA's New Orleans Pelicans. Her GMB Racing campaigned Tom's d'Etat, winner of the G1 Clark Stakes at Churchill Downs in 2019.

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Brad Kelley, owner of Calumet Farm, has an estimated net worth of $2.6 billion, putting him 1,205th on the list of the world's richest people. Kelley, who lives in Tennessee, made his fortune in the tobacco industry.

Gerald Ford, who races as Diamond A Racing Corporation, is 1,249th on the list with an estimated net worth of $2.5 billion. Ford built his wealth through acquisition of distressed banks.

Kevin Plank, who created the Under Armour sportswear brand and owns Sagamore Farm in Maryland, has an estimated net worth of $2 billion putting him at No. 1,580.

Charlotte Weber, an heir to the Campbell Soup Co., is listed as No. 1,833 with an estimated net worth of $1.7 million. Owner of Live Oak Plantation, Weber's homebreds have won a host of Grade 1 races, and she's won two editions of the G1 Breeders' Cup Mile with World Approval and Miesque's Approval.

Kenny Troutt, owner of WinStar Farm, founded long-distance company Excel Communications more than 30 years ago. Forbes estimates his net worth at $1.5 billion, putting him at No. 2,035 on their list.

Also having an estimated net worth of $1.5 billion is Seth Klarman, whose Klaravich Stables has developed into one of the industry's leading owners, winning Horse of the Year for Bricks and Mortar in 2019 and voted an outstanding owner Eclipse Award with William H. Lawrence, his partner on a number of runners. Klarman manages one of the financial market's largest hedge funds, Boston-based Baupost.

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Airdrie Stud Names Jocelyn Brooks Director of Sales

Brereton C. Jones's Airdrie Stud has announced that Jocelyn Brooks will become the new director of sales for the Midway, Ky., nursery.

She will fill the role formerly held by Cormac Breathnach, who was recently named Keeneland's director of sales. In her new role, Jocelyn will work directly with Airdrie's breeders and clients in helping with all aspects of their mating plans as well as being a leading presence for the Brereton C. Jones consignments at the major Thoroughbred auctions.

Jocelyn has spent the last six years as chief of staff for Sagamore Racing based at Sagamore Farm, in Glyndon, Md. Sagamore Farm is owned by Kevin Plank, the founder, chairman and brand chief of Under Armour. The historic farm was formerly owned by Alfred G. Vanderbilt, Jr.

Jocelyn's responsibilities at Sagamore included racing administration, breeding and sales analysis, horse roster management, hospitality, social media and community engagement. Jocelyn is passionate about Thoroughbred aftercare and created Sagamore Farm's Next Move program, which retrains retired Sagamore Racing horses for second careers such as dressage, hunters/jumpers, eventing and therapy work. She is also a proud supporter of the Retired Racehorse Project and The Real Rider Cup and serves on the Board of Directors for the Maryland Horse Foundation. In her free time, Jocelyn enjoys riding her Sagamore retiree, Perpetual Optimism.

“We are unbelievably fortunate to be able to welcome Jocelyn to our Airdrie team,” said Airdrie's Bret Jones.  “She is exactly the type of person everyone wants to be around: Smart, funny and unendingly positive. Just as importantly, she is as passionate about our industry as anyone I've met and is exceedingly knowledgeable. She will not only give great counsel to our breeders and clients, but she will genuinely care about the success of their programs. This is a home run hire for Airdrie Stud and all those with whom we do business.”

“Jocelyn represents a new generation of female leaders in the Thoroughbred horse racing industry and Sagamore Racing was the beneficiary of Jocelyn's extraordinary leadership,” said Kevin Plank. “In addition to her excellence in horsemanship, she reimagined the Sagamore experience for all whom visited our very special farm.  We wish Jocelyn the very best and will always consider Jocelyn to be part of our Sagamore family.”

“I am thrilled for the opportunity to join the team at iconic Airdrie Stud, a place with such rich history, great people and an outstanding reputation,” Brooks said. “I can't wait to get started and look so forward to meeting our breeders, clients and, of course, our incredible horses.”

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Stanley Hough, 72, Retires From Training Career For The Second Time

Longtime Thoroughbred trainer Stanley Hough first retired in 2012, but he was coaxed back into the shed row in 2018 by mentee Hunter Rankin on behalf of Kevin Plank's Sagamore Farm. Hough and Rankin, racing manager and president, respectively, had been rebuilding the Sagamore program since 2015, and there were a couple special 2-year-olds Hough wanted to keep a closer eye on.

One of those was Global Campaign, a half-brother to G1 winner Bolt d'Oro. The colt's career got off to a good start in 2019 with wins in the G3 Peter Pan and the G3 Monmouth Cup, but he really blossomed in 2020 with a victory in the Grade 1 Woodward and a third-place finish in the G1 Breeders' Cup Classic. Global Campaign earned a total of $1,321,080 on the track with six wins from 10 starts.

The 4-year-old son of Curlin has since been retired to co-owner WinStar Farm to prepare for a career at stud, however, and Sagamore Farm announced the termination of its horse racing involvement in early November.

Now 72 years old, Hough made the decision to head back into retirement.

“When WinStar decided it was better for the horse to go to stud—because he is being very well received—for me, it was a bittersweet thing, but it helped me make the decision,” Hough told bloodhorse.com. “I still have some horses I own part of and that will go on for a while, but in terms of training, I'm going to let someone else do it. COVID-19 has been hard for everybody, and I've been away from home a lot. I'm not getting any younger, which is obvious, but I decided I would pack it in for good this time.”

Hough's resume at his retirement stands at 2,212 wins from 12,921 starters with total earnings of $47,892,444.

Read more at bloodhorse.com.

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