Taking Stock: Practical Joke Is Value

There's a lot that can be gleaned from the freshman sires and leading sires of 2-year-olds lists.

Last year, Coolmore America's Practical Joke (Into Mischief) was second to Gun Runner (Candy Ride {Arg}) on the freshman sire list by progeny earnings, $2,339,717 to $4,315,980. Those numbers were good enough to make Gun Runner the leading sire of 2-year-olds and Practical Joke third, with leading sire Into Mischief splitting the newcomers with $2,971,018. That Practical Joke tied Gun Runner by number of black-type winners with six, tops among all freshman sires, suggested he was passing on some real quality to his 2-year-olds. This year, that's been confirmed: Practical Joke is sixth on the 2-year-old list with earnings of $2,197,908 through Tuesday, and he's the sire of three juvenile black-type winners, including Grade l winner Chocolate Gelato–his first in the Northern Hemisphere–and Grade ll winner Practical Move.

Practical Move won the Gll Los Alamitos Futurity Dec. 17, a race that was expected to be a cakewalk for the Justify (Scat Daddy) colt Arabian Lion. Had the latter won, Justify, who also stands at Coolmore America, would have significantly tightened the race for champion first-crop sire and given the Triple Crown winner a leading seven black-type winners for the year. As it now stands, Justify is third on the freshman list with earnings of $2,398,040 behind Hill 'n' Dale's Good Magic with $2,473,517 and leader Spendthrift's Bolt d'Oro with $2,641,366 (all statistics are through Tuesday and for the Northern Hemisphere only).

On the leading 2-year-old sire list, Into Mischief is on top, followed by Bolt d'Oro (Medaglia d'Oro), Hill 'n' Dale's Violence (Medaglia d'Oro), Good Magic (Curlin), Justify, and Practical Joke.

This puts Practical Joke, who will stand for $25,000 live foal next year, in heady company and makes him a bargain at that. His sire Into Mischief's fee is $250,000. Bolt d'Oro's advertised fee for 2023 is $35,000, but he can't be had for that anymore. He's booked full at the farm price and only a couple of NG seasons are available, with one offered the other day for $42,000–the equivalent of close to $55,000 live foal if converted with insurance. Violence and Good Magic are both advertised at $50,000 and selling fast, and Justify, who was initially advertised at $100,000 for 2023, is now at $150,000 live foal as he closes in on a full book.

Three Chimneys's Gun Runner is listed as private but his fee is in the neighborhood of $300,000.

Gun Runner's first crop has now yielded a surreal total of six Grade l winners, which justifiably makes him the most expensive sire in North America. But so far he has no 2-year-old black-type winners from his second crop, which has earned $1,385,921–good for number 21 on the 2-year-old list that he led last year. In a head-to-head comparison of second-crop juveniles, Practical Joke beats Gun Runner across the board, including by winners (24 to 17), black-type winners, black-type runners (seven to four) and Grade l winners.

As a general rule, second crops don't perform as well as first crops, but Practical Joke has admirably held his form with his second crop by progeny earnings, $2,197,908 versus $2,339,717 from last year.

Practical Joke's performance is also notable compared to the eight stallions who finished behind him on the first-crop Top 10 list last year, listed here by progeny earnings from last year versus this year's figures for their current juveniles: Connect ($2,106,071 vs. $1,235,808 ), Classic Empire ($1,645,824 vs. $818,616), Cupid ($1,303,652 vs. $98,947), Klimt ($1,276,592 vs. $728,861 and exported), Caravaggio ($1,275,118 vs. $191,481 and exported), Gormley ($1,126,007 vs. $553,091), Mohaymen ($1,074,109 vs. $169,044), and deceased Arrogate ($1,069,239 vs. $1,795,218). Only Arrogate's second-crop juveniles outperformed his first.

Stallions frequently cover a lower number of mares in their second year at stud, and these mares are generally of lesser quality than those from their first year, which mostly accounts for this paradigm. Cupid, who also stands at Coolmore America, is a particularly stark example. Last year, he was represented by 123 named 2-year-olds, of which 75 started and 23 won. This year, he has 29 juveniles, eight starters, and two winners.

Expect similar results next year for some of the leading freshman sires of 2022, and pay attention to those like Practical Joke whose numbers don't fall off a cliff with their second crop of 2-year-olds.

 

Practical Joke's Second Career

Practical Joke, an outstanding physical specimen who stands 16.2 hands, is bred like Life Is Good, one of Into Mischief's most talented racing sons and another physical standout who will cover mares for $100,000 at WinStar next year. Both are out of Distorted Humor mares–Practical Joke's dam is Halo Humor, a black type-placed sprinter–and neither was suited for Classic distances, but both had plenty of talent over shorter trips.

Life Is Good won only a maiden special at two. Practical Joke, trained by Chad Brown for Klaravich Stables and William H. Lawrence, won three of his four starts as a juvenile, including the Gl Hopeful S. and the Gl Champagne S. His only loss was a third-place finish in the Gl Breeders' Cup Juvenile to Classic Empire and Not This Time.

At three, Practical Joke was put on the Classics trail and performed well enough, even running fifth of 20 in the Gl Kentucky Derby, but he didn't win again until he was cut back in distance. His most notable score that year came in the Gl H. Allen Jerkens S. over seven furlongs.

He was retired to stud in 2018 with a record of five wins from 12 starts and earnings of close to $1.8 million, and he stood for $30,000 his first year. He's been well patronized since.

Like many Coolmore horses, he was also shuttled, in his case to Haras Paso Nevado in Chile, and he's been Gun Runner-like over there with four first-crop Group 1 winners to date. Perhaps the more appropriate comparison is “Scat Daddy-like,” because Paso Nevado also shuttled Coolmore's Scat Daddy, who sired busloads of South American Group 1 winners before he got rolling in the Northern Hemisphere. Two of the four top-level Practical Joke winners in Chile are from Scat Daddy mares, and the other two are from mares by Lookin At Lucky and Powerscourt (GB), two other Coolmore sires that shuttled to Paso Nevado at one time or another.

Meanwhile in the Northern Hemisphere Practical Joke is the sire of 11 black-type winners so far, meaning that some of his stakes-winning 2-year-olds from last year have trained on at three. One of them is Wit, who won the Glll Sanford S., was second in the Hopeful and third in the Champagne. Wit won the Glll Bay Shore S. over seven furlongs earlier this year but has recently transitioned to the turf, on which he won a listed race at Saratoga before placing in the Gl Hollywood Derby at Del Mar over nine furlongs on Dec. 3. The favorite in the race, Wit was beaten by three-quarters of a length for everything.

Another is Girl With a Dream, a listed winner last year who won the Glll Forward Gal S. this year. Practical Joke also has had some first-time 3-year-old stakes winners, like Little Vic, who won the Listed $100,000 City of Laurel S. on Nov. 26.

But horses like Gl Frizette S. winner Chocolate Gelato and Grade ll winner Practical Move, plus the four Group 1 winners in Chile, suggest that Practical Joke has more in the tank, and that's a tantalizing thought, especially at a fee that's below those of the notable young sires he's running with.

Sid Fernando is president and CEO of Werk Thoroughbred Consultants, Inc., originator of the Werk Nick Rating and eNicks.

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At Los Alamitos, Kumin the Breeder Beats Kumin the Owner

As the field crossed the wire in Saturday's GII Los Alamitos Futurity, Sol Kumin experienced the thrill of victory and the agony of defeat all at once. Kumin is the co-owner of second-place finisher Carmel Road (Quality Road) and third-place finisher Fort Bragg (Tapit). They ran well but couldn't outrun Practical Move (Practical Joke). Along with Chad Brown, Kumin bred, but does not own, the race winner.

“It was cool because I always loved the winner's dam, Ack Naughty (Afleet Alex),” he said. “Would I have loved to see one of the two horses we had in there with Baffert win and run off the screen? I probably would have been happier had that happened. But to look up and be able to say you bred the winner and owned the horses that ran second and third is fun. But I still enjoy the racing part of it more. I sometimes wish I still owned the horse than won.”

Kumin, one of the most prominent owners in the sport, is known for being a partner on dozens of top horses every year. He says he has no intention of becoming a breeder on a large scale, but will keep the occasional mare for breeding purposes.

“I don't think I'll ever have a commercial breeding business,” he said. “I'm too emotional and I know myself well enough to know what my limitations are.”

He did, however, keep Ack Naughty. Trained by Brown and a New York-bred, she debuted in 2014 and won four times from 15 starts. She finished second in the Chelsea Flower S. and the Mount Vernon S. and was third in the John Hettinger S.

“We raced the horse and loved her,” Kumin said. “She was among one of the first crops of horses that we owned. When it came time to sell her, I didn't want to. We put a value on her and bought out our partners. Chad loved her, too. She ran a bunch and always tried really hard. We had a little crooked yearling who turned into this big, pretty horse.”

When Brown was told of Kumin's plans he asked if he could stay involved and the two went in as partners on the mare. In her first year, she was bred to Violence and produced a colt who has yet to race. Her second foal is Practical Move. She was bred to Practical Joke because Brown trained the sire and owns a share in him.

Normally, with Kumin, the plan is to race the horses he bred. But he explained that Brown prefers that the foals are sold at auction. Practical Move RNA'd for $90,000 at the 2021 Keeneland September sale and then sold for $230,000 as a 2-year-old at the OBS April sale. His owners are Pierre Jean Amestoy Jr., Leslie A. Amestoy and Rogers Beasley. He is trained by Baffert's former assistant, Tim Yakteen.

Coming into the Los Alamitos Futurity, Practical Move had yet to cross the wire first but was placed first through disqualification in an Oct. 10 maiden at Santa Anita in which Kumin's Fort Bragg was taken down. After that, he ran third in the GIII Bob Hope S.

“I knew this horse really well,” Kumin said. “Not only did I breed him but every time he ran we had horses in there against him. I had watched all of his races.”

Kumin started out with five to seven mares which he boards with Des Ryan at Dell Ridge Farm. But from such small numbers he has enjoyed considerable success. He bred and owns Fluffy Socks (Slumber {GB}), the winner of the GII Sands Point S., the GIII Jimmy Durante S. and the Selima S. He also bred and owns Grade III winner Sy Dog (Slumber {GB}).

“We have had three graded stakes winners out of something like ten horses that we bred,” he said. “It's been pretty outrageous so far.”

His collection of home breds is about to grow. Brown was the co-owner of Slumber (Cacique {Ire}), who won the GI Manhattan S. in 2015. Slumber began his stallion career at Calumet Farm but, Kumin said, the farm considered retiring him and sending him to Old Friends because he was breeding to only a small number of mares. When told of that, Kumin said he bought the stallion for $1 and sent him to Rockridge Stud in New York, where he stands for $7,500. Kumin is optimistic that Slumber can be a success and is supporting him at stud.

“We bred 20 mares to Slumber last year and 16 or so the year before so we're really starting to pump things up,” he said. “We have him in New York and will keep breeding 15 to 20 mares to him every year. Let's see if they will be as good as we think they can be. This has been my first real effort as a breeder. We're not going to sell many. We are breeding them to race. They will go to top trainers and, hopefully, we'll get some good horses out of this.”

Whether it's with Carmel Road, Fort Bragg or National Treasure (Quality Road), who was third in the GI Breeders' Cup Juvenile, Kumin has an excellent shot of having a horse in next year's Kentucky Derby, where they might meet Practical Move. He'll root first for the horses he owns. But if he has to lose, it might as well be to the horse he bred.

“I look at it like this, we have a mom that I loved the whole time we had her and now she's turned out to be a producer,” he said. “There's nothing wrong with that.”

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Practical Joke Colt Upsets Los Al Futurity

In each of his four previous trips to the post, Practical Move (Practical Joke) had finished behind Bob Baffert-trained runners, but the bay colt–conditioned by former Baffert assistant Tim Yakteen–exacted his revenge in a big spot Saturday afternoon, outfinishing pacesetting Carmel Road (Quality Road) to upset the GII Los Alamitos Futurity as the 10-1 second-longest price on the board. Fort Bragg (Tapit), who was demoted from an apparent victory over Practical Move two starts back, completed the trifecta, while hot favorite 'TDN Rising Star' Arabian Lion (Justify) was a spent force three furlongs from home and trailed in.

Carmel Road hit the ground running and led them along early as Arabian Lion was no better than three wide rounding the first turn before rolling forward to prompt from second. Ramon Vasquez had Practical Move in the early vanguard, but was only too happy to see Arabian Lion go on and took the sit from third. Positions were unchanged through the middle fractions, but when Practical Move went for a run underneath the odds-on pick at the three-eighths, there was no response from Arabian Lion, and Carmel Road became the target. Sent inside of that one in upper stretch, Practical Move struck to the lead about a furlong and a half from the wire and was pushed out to a comfortable score.

A debut second to the Baffert-conditioned 'TDN Rising Star' Cave Rock (Arrogate) on Del Mar debut Aug. 13, Practical Move was third at the seaside oval the following month to National Treasure (Quality Road), who would go on to be second to Cave Rock in the GI American Pharoah S. and third in the GI Breeders' Cup Juvenile. Put up to the victory after Fort Bragg hampered him badly in the final stages of a one-mile Santa Anita maiden Oct. 10, Practical Move was a latest third to Baffert stablemates Havnameltdown (Uncaptured) and 'Rising Star' Newgate (Into Mischief) in the GIII Bob Hope S. down in San Diego County Nov. 20.

Baffert had won the Futurity 13 times going back to the Hollywood Park days and had unsaddled the winners in seven of the eight renewals at this Orange County facility.

“I'm surprised because we were going up against the king, but I'm not surprised because my horse was doing really well,” Yakteen admitted. “That it all worked out is just fantastic. We had a great trip and I'm just thrilled to death with the horse and his effort today. This one's really special because Bob is a good friend and we have a great relationship. I hate to take him down, but it ended up that I got the better of him today and he usually gets the better of me.”

Pedigree Notes:

Practical Move is the 18th worldwide black-type winner (11th in the U.S.) and 10th graded/group winner worldwide (fourth in the U.S.) for his young sire and was bred by Practical Joke's trainer in partnership with Head of Plains Partners.

Produced by a three-times stakes-placed half-sister to the multiple black-type winners So Lonesome (Awesome Again) and No Spin (Johannesburg) and from the family of Commissioner and Laugh Track, Practical Move has a weanling half-brother by Complexity and his dam most recently visited Upstart.

Saturday, Los Alamitos
LOS ALAMITOS FUTURITY-GII, $200,000, Los Alamitos, 12-17, 2yo, 1 1/16m, 1:41.65, ft.
1–PRACTICAL MOVE, 120, c, 2, by Practical Joke
                1st Dam: Ack Naughty (MSP, $310,450), by Afleet Alex
                2nd Dam: Dash for Money, by General Meeting
                3rd Dam: Hot Lear, by Lear Fan
1ST BLACK TYPE WIN, 1ST GRADED STAKES WIN. ($90,000
RNA Ylg '21 KEESEP; $230,000 2yo '22 OBSAPR). O-Pierre Jean
Amestoy, Jr., Leslie A. Amestoy & Roger K. Beasley; B-Chad
Brown & Head of Plains Partners (KY); T-Tim Yakteen; J-Ramon
Vazquez. $120,000. Lifetime Record: 5-2-1-2, $194,200.
Werk Nick Rating: B. Click for the
eNicks report & 5-cross pedigree.
Free Equineline.com catalogue-style pedigree.
2–Carmel Road, 120, c, 2, Quality Road–Inspired, by Unbridled's
Song. 1ST BLACK TYPE, 1ST GRADED BLACK TYPE. ($650,000
Ylg '21 KEESEP). O-SF Racing LLC, Starlight Racing, Madaket
Stables LLC, Robert E. Masterson, Stonestreet Stables LLC, Jay
Schoenfarber, Waves Edge Capital LLC & Catherine
Donovan; B-Peter E. Blum Thoroughbreds, LLC (KY); T-Bob
Baffert. $40,000.
3–Fort Bragg, 120, c, 2, Tapit–March X Press, by Shanghai
Bobby. 1ST BLACK TYPE, 1ST GRADED BLACK TYPE. ($700,000
Ylg '21 FTKOCT). O-SF Racing LLC, Starlight Racing, Madaket
Stables LLC, Robert E. Masterson, Stonestreet Stables LLC, Jay
Schoenfarber, Waves Edge Capital LLC & Catherine
Donovan; B-SF Bloodstock LLC & Henry Field Bloodstock (KY);
T-Bob Baffert. $24,000.
Margins: 3 1/4, 4 1/4, 2. Odds: 10.60, 4.60, 4.20.
Also Ran: Tall Boy, Arabian Lion. Click for the Equibase.com chart or the TJCIS.com PPs. VIDEO, sponsored by TVG.

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Big Ticket Colts Dot Los Al Futurity on Saturday

The Kentucky Derby points are back on the table in December. Well, for trainers Leandro Mora and Tim Yakteen that is, as it is once again time for the GII Los Alamitos Futurity. In prior contests, it would have been 10-4-2 or 1 to the top four finishers, but since we only have a five-horse field, and with Bob Baffert currently forced to abrogate his Derby egg hunt despite yet another re-christening of his legal stab at Churchill Downs, it is just Mora and Yakteen that are eligible.

Out of the handful that will go on Saturday afternoon at the cozy palm-laden oval that continues to breathe–we hope it does, because we need it to survive–you will see some major sale purchases strut their 2-year-old stuff. Historically, this race is Baffert's foregone conclusion, as he has netted 13 of them, starting with Real Quiet back in 1997. But last year, Reddam Racing's homebred, Slow Down Andy (Nyquist), ran contrary to his moniker by getting the best of Messier (Empire Maker) to end the Hall of Fame conditioner's streak at seven.

Baffert comes prepared this time and Messier's ownership group of SF Racing, Starlight Racing, Madaket Stables, Robert E. Masterson, Stonestreet Stables, Jay A. Schoenfarber, Waves Edge Capital, and Catherine Donovan is well represented with a pair of promising super colts in Carmel Road (Quality Road) and Fort Bragg (Tapit). The former went for $650,000 at the KEESEP sale last year, while the latter did him one better by $50,000 at FTKOTC. Tom Ryan, the Managing Partner of SF Racing, said when reached by phone, “We've got 10 nice 2-year-old winners on the board this year, and Bob and his team are very focused on 2023.”

Carmel Road, who has a half-brother named Ambition (Street Sense) out of Inspire who RNAd at FTNAUG this year, lost steam and ended up second-to-last at Keeneland as would-be 2-year-old champion Forte (Violence) nosed ahead for his score in the GI Claiborne Farm Breeders' Futurity Oct. 8. That poor showing was nothing like his maiden victory in the race prior when he won in a geared-down fashion by 8 3/4 at Del Mar Aug. 26. Ryan said about the letdown, “We ended up drawing the outside with Carmel Road in the 14 hole, and the 14 hole at Keeneland with a two-year-old, it's not ideal. So that race is a complete throw out. His last piece of work was a sparkling piece of work. Hopefully, he's ready for this.” Sporting some sharp recent breezes at Santa Anita (Dec. 9, 5f; .59, 1/30), we can expect him to be below his 2-1 morning-line by race time.

As for his stablemate, the 4-1-priced Fort Bragg comes calling after he was disqualified at Santa Anita Oct. 10 and placed second, and then officially broke his maiden Nov. 4 by 3/4 lengths over next out winner, Reincarnate. “He is a beautiful horse that just continues to develop,” Ryan said. “Flavian Prat breezed him last week, was impressed enough to want to ride him. He is coming back from a vacation in France to ride him here. It's a tough, demanding race, but we hope he's up to the challenge.”

Opposing this pair is the last of Baffert's trio, Zedan Racing Stables's $600,000 OBSAPR bay colt by Justify, Arabian Lion. Stretching out around two turns, this 4-5 morning-line favorite has posted a pair of Beyer Speed Figures that sparkled; 92 at Santa Anita with a first-out win Oct. 9, and then a second-place finish with a 93 at Keeneland against optional claimers Nov. 4. All three of these runners could be looking to grab the lead early, and hold off any would-be challengers.

As for Yakteen's Practical Move (Practical Joke), he is not without recent form, nor should he be underestimated. The $230,000 OBSAPR buy ran second to Fort Bragg in that race Oct. 10, despite a poor stumble at the start and getting bumped by his rival in the final furlong. The colt ran third to Havnameltdown (Uncaptured) in the GIII Bob Hope S. Nov. 20. Recall, he is a horse that won at first-asking at Del Mar July 24, was the seized the GIII Best Pal S. Aug. 14, and was second in the GI Runhappy Del Mar Futurity Sept. 11. If he can solve his gate issues, then he might be a player if a pace reactor failure occurs.

The big tickets will try to fly early at Los Alamitos. Baffert may not have access to those Derby points yet, but what is assured is this is going to be an intriguing renewal of the Futurity.

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