For nearly 20 years, trainer Neil Pessin didn't have to worry about filling up his barn. His principal owner, Bob Lothenbach, kept sending horses his way. That included a Grade I winner in Bell's the One (Majesticperfection) and several useful allowance horses. Pessin was training a 22-horse stable and 19 of them were owned by Lothenbach.
“Bob was an excellent owner,” Pessin said. “He knew our field of expertise was training horses and his was the paper business. Anytime I asked for anything that involved the welfare of the horse he was on board for it.”
The only thing he knew for certain was that panicking was not the answer.
“I'm not nervous about my future,” Pessin said. “You can't worry about stuff you can't control. You just do what you can and hope for the best. I've learned that worrying doesn't do a whole lot except give me ulcers. Just take it in stride and see what happens. More people are worried about this than I am. We'll just see what happens. If an opportunity arises we'll take it. If it doesn't we'll see what the future holds. I'm not sure at the moment. Hopefully, we can survive. If not, we'll do something else.”
It doesn't look like Pessin will have to “do something else.” Out of the dispersal sale, which was done digitally by Fasig-Tipton, Pessin signed for five horses. They ranged in price from the $340,000 paid for Grade III stakes winner Happy American (Runhappy) to the $18,000 paid for maiden Hogslayers R I P (Union Rags). The horses will be owned by a five-member syndicate that Pessin put together in order to buy some horses out of the dispersal sale.
“Buying Happy American was pretty self explanatory,” he said. “There's a race coming up here at the Fair Grounds, the Mineshaft Stakes. The purse is $250,000 and the winner gets $150,000. He'll be one of the favorites. The $150,000 the winner will get would pay for almost half of him. He's worth it. He can compete in all the stakes around here. He can't beat the top horses, but if you spot him around he can be a very useful horse all year long.”
He also retained the gelding Kiss The Moon (Malibu Moon), who was bought by Anthony Spinazzola, who decided to keep the horse with Pessin.
That has left Pessin with nine horses.
The Lothenbach 2-year-olds will sell at OBS March.
“It's possible that I might buy some of the 2-year-olds,” he said. “If anyone is interested I'll go take a look at them. I bought 14 of them myself at the yearling sales. But if I don't have the money behind me to do it then I'm not going to be able to buy anything.”
He's had some feelers from owners interested in giving him horses and hopes some new horses will come his way from owners looking to compete at the Keeneland spring meet. But he's not going to go begging.
“I've never asked anybody for any horses and I'm not going to start now,” Pessin said. “Right now we have these five horses that we bought and three others in barn. I'll just have to go forward and see what happens. One way or another I'll be fine. You can't worry about what you can't change.”
The Lothenbach dispersal of Horses of Racing Age on Fasig-Tipton Digital, run Jan. 29 to Feb. 2, closed with 66 horses selling for $4,840,000 with MSP Minnesota Ready (More Than Ready) leading all lots at a final price of $380,000, changing hands to Richard Colton Jr..
The first in the digital ring, Minnesota Ready was most recently seen Jan. 20 in the Duncan F. Kenner S. at the Fair Grounds, where he again ran third in a blanket finish with SW Sosua Summer (Summer Front) and MSW & MGSP Just Might (Justin Phillip) and wrapping his 2023 season before that Dec. 23 in the Richard R. Scherer Memorial S. behind those familiar foes.
The four others who went beyond the $300,000 mark include Dazzlin Dictator (American Pharoah), a two-time winner at Turfway Park, who went to Rodolphe Brisset, agent for Ann Harrison; Tickle Me Unclemo (Uncle Mo), a $350,000 KEESEP yearling, went to Robert Salome for $320,000; and Practically Dark (Practical Joke), recently second in a maiden special at the Fair Grounds, sold to C2 Racing Stable for $310,000.
Most notable of that group is GSW & GISP Happy American (Runhappy), who went as a racing prospect and sold to trainer Neil Pessin for $340,000. A frequent face in the graded ranks across the country, he won the GIII Louisiana S. in 2023 and ran third that summer in the GIII Blame and GI Stephen Foster S.. After uninspiring finishes in the a pair of graded efforts in Kentucky, he returned to the Big Easy and hit the board in the Tenacious S. to cap his season. He'd made his 2024 bow in the GIII Louisiana S. Jan. 20, finishing third in his title defense attempt.
In addition to the $4.84-million aggregate, the average was $73,333 while the median was $41,000 with 16 horses selling for $100,000 or more with Taylor Made Sales consigning. A total of 741 potential buyers from 46 states and seven countries registered to bid, placing a total of 3,047, and averaging 46 bids per offering.
“All I can say is, 'Wow,'” said Leif Aaron, Fasig-Tipton's Director of Digital Sales. “We have to thank the estate of Mr. Lothenbach for trusting us with this dispersal of racing stock. This is exactly what the digital platform was built for: horses and buyers from all over the country. These are phenomenal results.”
The dispersal of Lothenbach's breeding stock and yearlings will come during the Kentucky Winter Mix sale Feb. 5 to Feb. 6 with the catalogue available online.
Full results for the Lothenbach dispersal are available here.
After Bell's the One (Majesticperfection) did not meet her reserve of $2.6 million at the Fasig-Tipton November Sale, owner Bob Lothenbach has decided to retain the 6-year-old mare and will breed her, reports her trainer, Neil Pessin.
“More than likely, the plan is to send her to the breeding shed,” Pessin said. “We don't know who we'll breed her to yet. It's yet to be determined, but we should decide that within the next two or three weeks. Bob is a breeder and has about 40 mares. He breeds a lot of Minnesota breds. She won't be one of those.”
Bell's the One has been sent to Collier Mathes's Chesapeake Farm in Lexington, Kentucky to begin preparations for her next career.
While he will miss having Bell's The One in his barn, Pessin said that with Lothenbach keeping her he will still have a connection to the mare.
“I thought we'd be right in that neighborhood,” Pessin said when asked if he thought she would meet her reserve. “Either way, I was going to be happy and sad. I was going to have the full spectrum of emotions no matter what happened. This way I get to go visit her at the farm and see the baby.”
Pessin said the plan is for Lothenbach to keep her foals and race them. Pessin will be the trainer.
“I'll be training whatever she has,” he said. “Hopefully, she's as good a mom as she was a race horse. Hopefully, we'll get one that takes us to the Derby. You might as well aim high.”
Pessin said no consideration was given to running Bell's The One next year.
“We decided at the beginning of the year that this would be her last year,” Pessin said. “We were hoping to enter the Breeders' Cup but that didn't work out. We decided that with her about to turn seven that she had done everything we had asked of her. She missed one race in five years that I was pointing to. I told Bob she can't do much more for us.”
A talented and durable sprint specialist, Bell's the One made 27 starts, won 13 races, 11 of them stakes and earned $2,000,675. Her biggest win came in the 2020 GI Derby City Distaff S. She also won the GII Raven Run S., the GII Thoroughbred Club of America S. and the GII Honorable Miss H.
“You don't replace a horse like that,” Pessin said. “You hope to get one that might be as good, but you never replace one like this.
A few weeks before Bell's The One (Majesticperfection – Street Mate, by Street Cry {Ire}) made her career debut, her trainer Neil Pessin set aside a few dollars to place a wager on the promising juvenile. But in the days leading up to the race, he started to rethink the idea.
Every morning as Bell's The One went out to gallop, the juvenile would stop in the middle of the track, somewhere around the sixteenth pole, and refuse to move. Pessin would have to take to the track, red-faced with frustration, to lead her off to the barn.
He cut down his bet considerably the morning of her debut only to watch a few hours later as she won with ease at Arlington, paying $67.80 to win.
That was the last time Pessin had anything less than full confidence going into a race with Bell's The One. Four years since that first career victory, Bell's The One is now a five-time graded stakes winner with over $2 million in earnings and has collected stakes wins in each of her five seasons on the racetrack.
“Every time I lead her over, I expect her to win,” Pessin said. “If she gets beat, it's either human error or…well, usually it's human error. If she gets to run her race and she shows up, which she does most of the time, she's hard to beat. She gives you 110% every time. I'm as confident as anybody in the race when I put her bridle on.”
While Bell's the One was originally slated to run in the GI Breeders' Cup Filly and Mare Sprint, Pessin and her connections made the decision on Tuesday to skip the championship meet.
“She had a minor setback that will prevent us from running,” her trainer said. “I've always said that if she's not 100%, we're not going. She could be 95% or 99%, but we're not taking that chance with her. It's just a timing thing. If we had three more weeks we would probably be able to run, but she has done right by me for five years so I've got to do right by her for this race. But she earned her right to be there. ”
While Bell's The One won't make it to the Breeders' Cup starting gate, she will be in the spotlight in a few weeks for the Fasig-Tipton 'Night of the Stars' Sale. Until then, she will remain at Pessin's barn at Churchill Downs.
“She's still in light training,” Pessin explained. “We want to keep her in her same routine. She'll train just to keep her looking good. She's doing great. She is six going on seven and she's getting better every year.”
Bell's The One, who is easily the most accomplished horse in Pessin's training career, has been a fixture at the conditioner's barn at Churchill Downs over the years. While the 6-year-old mare grew out of most of the obstinate tendencies she had as a juvenile, Pessin said that there has never been a question of who ruled the stable.
“Oh, she is the queen,” he said. “She tells us what to do. She tells me how to train her and when to run her. She probably gets, at minimum, 50 mints a day. But that's lowballing.”
Pessin picked out Bell's The One for Bob Lothenbach's Lothenbach Stables at the 2017 Fasig-Tipton July Sale. Drawn to the Bret Jones-bred filly for her athleticism and cat-like walk, they brought home the daughter of Majesticperfection for $155,000.
“We thought it was a pretty good deal at the time, but she turned out to be even more athletic than she was as a yearling,” Pessin said. “She has always shown ability from the first day we worked her.”
Undefeated in three starts including a stakes win at two and the winner of the GII Raven Run S. at three, Bell's The One got her signature victory at four with a photo-finish win over GISW Serengeti Empress (Alternation) in the 2020 GI Derby City Distaff S. on the Kentucky Derby undercard.
The achievement marked not only the first Grade I win for Bell's the One, but also for her trainer, who runs a boutique stable of about 15 horses.
“Winning that race was extremely satisfying not so much for me, but for her,” Pessin said. “I don't really care about all that stuff. I don't care if I get an award or get patted on the back. I care about the horses. When she won, it was satisfying for me because it just proved how much quality she has and how good of a mare she is.”
Bell's The One added two more graded scores to her resume at five in the GII Honorable Miss H. at Saratoga and the GII Thoroughbred Club of America S. This year, the 6-year-old ran second in the GI Madison S. and most recently won two lucrative stakes contests at Churchill Downs.
While the Bell's The One fan club has grown over the years, Pessin said that two of the mare's biggest admirers have been her jockey Corey Lanerie, who has been aboard for all but a handful of her 27 career starts, and her owner Bob Lothenbach.
“I can't tell you how great Bob has been to train for,” Pessin said. “He doesn't interfere with what we do on the day to day or the races we pick. He just loves the sport and he is a wonderful owner. He cares about the horses, too.”
When Bell's The One returns to Fasig-Tipton, the site where her story began back in 2017, for the 'Night of the Stars' Sale, she will sell as Hip 267 with Taylor Made Sales.
While the millionaire's outstanding race record speaks for itself, Fasig-Tipton's Boyd Browning said that the mare's pedigree will hold equal appeal for buyers. Her dam Street Mate (Street Cry {Ire}) was bred by successful owner-breeder Edward Evans and her produce record boasts six winners from as many to race including recent GIII Knickerbocker S. victor King Cause (Creative Cause).
“I think that Bell's The One really is a unique pedigree,” Browning said. “It's truly a reflection of the breeding program that was so important to Ned Evans. She typifies the type of horse that Ned wanted to breed-Grade I horse, durable, consistent and with heart.”
“Bell's The One has all the ingredients to be a successful producer,” he continued. “She tries hard every time. She's got pedigree. She's got heart. She's got the speed, but she also has the class in her pedigree that will allow her decedents to carry that speed a distance. She's just a tremendous prospect that will likely produce terrific racehorses for the next generation.”
While she will soon become an important addition to someone's broodmare band, Bell's The One will be sorely missed back at the Pessin barn and her empty stall overlooking Longfield Avenue at Churchill Down will not go unnoticed.
“When Bell leaves the barn, there will be a huge hole,” Pessin admitted. “It won't be a hole that will be filled. It'll just be a void for a while. I'll miss just walking down the barn and playing with her and giving her mints. I'll miss leading her over there, knowing you're going to win the race. It's a special feeling, just having her here.”
Pessin may be soon parting with the most accomplished horse he has ever trained for now, but there is one thing he is sure of.
“I'll go see her wherever she goes,” he said. “Whatever farm she's at, I'll be there. If she goes to Japan, I'm going to Japan. They'll just have to get ready for me to come over. And if she throws off the athleticism that she has to her foals, I think she'll be a great broodmare.”
