Book 1 Sensation Out Early At Newmarket

Observations on the European Racing Scene turns the spotlight on the best European races of the day, highlighting well-pedigreed horses early in their careers, horses of note returning to action and young runners that achieved notable results in the sales ring. Sunday's Observations features a pricy son of Dubawi (Ire).

1.15 Newmarket, Mdn,  £15,000, 2yo, 5fT
SYNDICATED (GB) (Dubawi {Ire}) is a surprise runner on breeding in this sharp juvenile test, being an April-foaled son of J Wonder (Footstepsinthesand {GB}), the full-sister to Chachamaidee (Ire) (Footstepsinthesand {GB}) who captured the G3 Fred Darling S. and G3 Oaks Tree S. for Andrew Rosen. Andrew Balding had a bright 2021 with his juveniles and it will be interesting to see how this 450,000gns Tattersalls October Book 1 graduate, who races for Rosen and Myracehorse, fares with Royal Ascot on the horizon.

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MyRacehorse Launches In The UK And Ireland With Juvenile Trio

MyRacehorse, a U.S.-based racehorse micro-share ownership operator, is expanding to the UK and Ireland with three 2-year-olds, including a 450,000gns Dubawi (Ire) colt purchased out of the Tattersalls October Book 1 Yearling Sale. Out of J Wonder (Footstepsinthesand {GB}), he is trained by Andrew Balding. John and Thady Gosden have a $300,000 Keeneland September filly by Mendelssohn for the GI Kentucky Derby/GI Breeders' Cup Classic-winning organisation. The trio is rounded out by a Zoffany (Ire) filly in the yard of Joseph O'Brien. She was purchased for €170,000 at Goffs Orby.

MyRacehorse has over 100 horses in training in America and over 50,000 registered users. They added another location, Australia, in June of 2021, and currently have 36 horses there and over 12,000 owners Down Under. Their aim is to make racehorse ownership available to any casual fan by way of fractional shares. In most cases, shares for their UK/Ireland venture will be priced under £200. For more information, please visit MyRacehorse's website.

Jules Pittam, UK Managing Partner of MyRacehorse, said, “We want to give people the opportunity to experience elite ownership at an affordable price and encourage new owners into the sport. Our goal is to increase engagement with the industry overall by providing owners unrivaled behind-the-scenes access and hopefully the opportunity to enjoy some of the best moments in sport as they tread the path to glory.

“The tide is turning on racehorse ownership, and the sport is becoming more reliant on shared ownership and syndicates–something we at MyRacehorse are passionate about. We want to offer this unique opportunity to racing fans in both the UK and Ireland and give them the chance to join our 70,000 strong global community.

“Unlike other ownership models, we offer contractual racing and breeding equity; so when our horses win big, so do our owners.”

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$4-Million Bonus On the Line for MyRacehorse Forbidden Kingdom Owners

Forbidden Kingdom (American Pharaoh), one of the favorites in Saturday's GI Santa Anita Derby, stands to earn a $4-million stallion bonus for his connections if he wins. The “Future Stallion Bonus” is an incentive for selected MyRacehorse-owned horses to earn connections financial benefits if they win a Grade I event on the dirt in the U.S.

“We selected a few really well-bred colts and attached a pre-payment of potential stallion value as a way of providing a more immediate financial return for winning a Grade I,” said Michael Behrens, Founder and CEO of MyRacehorse.

The Future Stallion Bonus was built off an idea of the late B. Wayne Hughes, whose Spendthrift Farm owns 49% of Forbidden Kingdom. MyRacehorse has the other 51% of the horse. As part of the initial offering, MyRacehorse offered 1,020 shares of the horse to investors for $229 each. The stallion bonus amounts to an early payment of $2,040,000 for the 51% owned by MyRacehorse and will be distributed pro rata to the nearly 500 MyRacehorse partners in on the colt. The revenue per share tied to the bonus would be $2,000. The pre-payment will be paid back from the proceeds of a future stallion/breeding deal.

“Most partners get involved in racehorse ownership for the joy, excitement, and thrill of owning an elite racehorse, but of course we all hold out hope of a healthy financial return. This bonus would be the first realization of the potential stallion value of Forbidden Kingdom and another chapter in this remarkable journey,” said Chris Ransom, MyRacehorse's head of finance.

Forbidden Kingdom has won three of his five career starts and remains undefeated as a sophomore. His black-type wins include the Mar. 5 GII San Felipe S. and the Jan. 29 GII San Vicente S., both at Santa Anita. He is trained by Hall of Famer Richard Mandella.

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Provocateur Keeps His Cool in Hutcheson Win

Provocateur came home strongest of six in his first career stakes victory for the partnership of MyRacehorse and Spendthrift Farm. Steadily improving since his eighth place career debut over a mile on the grass at Belmont Park Oct. 10, he weakened to fourth after dueling through six panels over the main track at the venue. Finding the winner's circle Dec. 23 down at Tampa Bay by 4 1/2 lengths as the 4-5 favorite, his connections opted to try their colt in the Jan. 15 Pasco S. for a 3-year-old bow with first-time Lasix, and he was outkicked late in the lane, finishing second by 2 1/2 lengths.

Coming off the diuretic for this contest, Provocateur overcame an early bump after the start to cruise from third behind early leader Golden Juan and 1-2 favorite Nitrous Channel. First to striking coming through the far turn, Irad Ortiz Jr. forced his rivals' hands and it was a three horse line at the top of the stretch. Kicking clear of the pacesetter, Provocateur and Nitrous Channel locked horns for the duel to the wire and  the former kicked clear in the final sixteenth to win by two lengths. It was Todd Pletcher's eighth win in the race. “We were a little confused about what he wanted to do early on. He wasn't training as promisingly as we had hoped. We thought he would improve a little bit on the grass,” Pletcher said in the post-race interview. “After that experience he seemed to improve in his dirt training and recently has really come around.”

Dam Cayala had shown an affinity for Into Mischief with all four of her offspring by him ending up winners and three earning black-type including GIII Southwest S. winner One Liner. She has five winners from five to race. There is a 2-year-old filly by Flatter on record and the mare is expecting a foal by Authentic this season.

HUTCHESON S., $100,000, Gulfstream, 3-19, 3yo, 6f, 1:09.60, ft.
1–PROVOCATEUR, 118, c, 3, by Into Mischief
                1st Dam: Cayala, by Cherokee Run
                2nd Dam: Chasethegold, by Touch Gold
                3rd Dam: Chasethewildwind, by Forty Niner
($600,000 Ylg '20 KEESEP). 1ST BLACK TYPE WIN. O-MyRacehorse and Spendthrift Farm LLC; B-Kingswood Farm & David Egan (KY); T-Todd A. Pletcher; J-Irad Ortiz, Jr.. $61,380. Lifetime Record: SP, 5-2-1-0, $92,205. *Full to One Liner, GSW, $475,250.
2–Nitrous Channel, 118, c, 3, Nyquist–Laurenmychanelgirl, by Afleet Alex. ($200,000 Ylg '20 FTKSEL; $625,000 2yo '21 FTFMAR). 1ST BLACK TYPE. O-R. A. Hill Stable, Reeves Thoroughbred Racing and Spedale Family Racing, LLC; B-VinLaur Racing Stable, LLC (KY); T-George Weaver. $19,800.
3–Golden Juan, 118, c, 3, Fed Biz–Penumbra Moon, by Malibu Moon. ($1,500 Ylg '20 FTKOCT). O-R.T Racing Stable; B-Brandywine Farm (Jim & Pam Robinson) (KY); T-Rafael Ramos. $9,900.
Margins: 2, 6 1/4, HF. Odds: 2.50, 0.50, 26.10.
Also Ran: American Sanctuary, Sport Pepper, Desert Ruler. Scratched: Cattin.

Click for the Equibase.com chart or VIDEO, sponsored by TVG.

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