Leading North American Breeders For 2020: A Different Take

Last week, The Jockey Club released its list of leading North American Thoroughbred breeders for 2020, proclaiming Calumet Farm as the top breeder for the second year in a row.

Sure enough, the historic Lexington, Ky., farm owned since 2012 by reclusive billionaire Brad Kelley was atop the list of individual breeders with more than $9.7 million in 2020 North American earnings by horses it bred. If you take partnerships into account, Kenny Troutt's WinStar Farm in Versailles, Ky. – second behind Calumet on the individual list – was the North American leader with $11.7 million in earnings.

I don't judge the quality of restaurants or decide where to eat by looking at who generates the most revenue. If I did, I'd wind up at McDonald's three meals a day. So it stands to reason that there must be another way to look at this year-end list, which includes statistics for the top 100 breeders by North American earnings. The data includes starters, starts, wins, seconds, thirds, earnings and black type stakes winners.

I took the liberty of adding a few statistical columns that provide some context to the leading breeders list, including average number of starts per starter, percentage of wins from starts, average earnings per start and percentage of black type winners from starters.

The list below (which excluded a handful of breeders with fewer than five starters each) ranks North American breeders by average earnings per start. Topping the list in this category is Knowles Bloodstock ($55,847 per start), which had just six starters but included Grade 2 Louisiana Derby winner Wells Bayou among them. Second is Peter E. Blum Thoroughbreds, whose $22,705 average was buoyed considerably by the $7,170,000 earned by probable Horse of the Year Authentic.

Ranked 74th on the list of leading breeders by average earnings per start is Calumet Farm, whose 479 runners averaged $3,776 per start. WinStar Farm, with 214 starters, ranks 19th nationally with $8,122 earnings per start – more than twice that of Calumet.

Another way of looking at excellence in breeding is black type winners. Sheikh Mohammed's Godolphin and Barbara Banke's Stonestreet led the way with each breeding 13 North American stakes winners. WinStar and Calumet were next with 10 each.

If you look at the list by percentage of black type winners from starters (minimum five starters), Knowles Bloodstock again leads the way with 33.33% (2-of-6), followed by China Horse Club International Ltd, with 16.67% (4-of-24).

Stonestreet ranks ninth by percentage of stakes winners from starters, at 8.55%, with Godolphin 12th at 8.02%. WinStar Farm is 33rd at 4.67% and Calumet Farm is 62nd at 2.09%.

So who was the top North American breeder in 2020? If you go by quantity, it's Calumet, which had 75% more starters than runner-up WinStar Farm. In my opinion, quality trumps quantity.

Category leaders listed in bold/italics.

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The Friday Show Presented By PHBA Stallion Seasons Auction: 2021 Predictions

Given the circumstances of the past year, we decided to not take that obligatory editorial trip down memory lane with a look back at all the good things that happened in 2020. Come to think of it, I suppose we could  have fit them all into one of bloodstock editor Joe Nevills' popular horse racing haikus.

Let's face it: for the most part, 2020 was a year many of us wish had never happened. We were happy to turn the page.

With that in mind, and with the Friday Show freshened up for its first gallop around the track in 2021, the Paulick Report editorial team decided to look ahead with some insights into what may be in store for the Thoroughbred industry this coming year.

But instead of showing our cards here and letting you know what our fearless predictions are for 2021, you'll have to watch the show. We will tell you that this week's edition of the Friday Show is brought to you by the Pennsylvania Horse Breeders Association's 11th annual PA Stallion Seasons Auction that gets under way on Tuesday, Jan. 12, offering approximately 75 seasons to stallions in five different states.

Watch the Friday Show below to get the skinny on what's coming in 2021.

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Ask Ray: Christmas Cheer And The Return Of Comments To The Website

It's been just over a fortnight since our publisher, Ray Paulick, in a fit of pique suspended reader comments on all stories at the Paulick Report. We told him it wasn't going to go over very well, and when he urged readers in the last episode of Ask Ray to send their opinions about this new policy, you flooded his inbox.

Well done!

Most of the emails were constructive, even understanding. But the overwhelming majority landed on the same conclusion: please bring the comments back.

Ray is usually not a very good listener, but in this instance we are grateful that not only did he read every one of the emails received, he actually comprehended some of them.

So along with our best holiday greetings – Merry Christmas to those who celebrate – we are very happy to announce that we once again are permitting comments on all stories. The only difference: rather than reviewing comments after they are published and deleting those that were offensive or had personal attacks, all comments are going into a moderation queue prior to publication and will be approved as quickly as possible. Please understand that we have a small staff with other responsibilities and will get to comments as quickly as possible, but there will be a delay between the time you share your words of wisdom and when they are published.

With that, we hope for 2021 to be a year of good health and happiness and a return to the relative normalcy we all enjoyed before the coronavirus pandemic turned our world upside down last March.

In this newest episode of Ask Ray, our publisher explains why the decision was made to reinstate comments. But no matter what he says, it's because we all miss Tinky … whoever he or she is.

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View From the Eighth Pole: Truth Or Consequences

I've been observing the “lads” at Coolmore Stud in Ireland and at their Kentucky farm, Ashford, for more than 30 years. They have revolutionized the bloodstock world, maximized stallion revenue, and elevated customer service and marketing.

Through early identification and acquisition of promising stud prospects, embracing large books for their stallions (including no small number of their own mares), and shuttling them to Australia or South America for dual hemisphere breeding seasons, Coolmore and Ashford can “get out” financially on many of these horses before their first foals hit the racetrack.

In a business where nine out of 10 new stallions will fail to sustain or increase their initial value, it's highly advantageous for a stud farm to break even or show a modest profit before the marketplace has a chance to see whether or not a horse's offspring can run.

Yet the lads aren't perfect. No one is.

I was reminded of that when I saw their recent advertisement for first-year stallion Maximum Security. It was, without a doubt, the most unconventional stallion ad I've ever seen.

Under the banner, “MAXIMUM SECURITY – the facts,” the ad began normally enough, citing races won, achievements, and awards.

Then it gets weird. Bullet point No. 12 in the ad states: “NEVER TESTED POSITIVE for an illegal or prohibited substance during his career despite comprehensive testing at the world's best laboratories.”

That statement is true (though I might disagree that post-race testing for all of his races was done at “the world's best laboratories.”). But let's remember how many times cheating cyclist Lance Armstrong said he'd never failed a drug test:  “Twenty-plus-year career, 500 drug controls worldwide, in and out of competition. Never a failed test. I rest my case,” he said in May 2011, a little more than a year before he was stripped of his seven Tour de France titles because of doping.

But wait, there's more.

In addition to a complimentary quote from Bob Baffert, who trained Maximum Security for the second half of his 4-year-old campaign in 2020, there is this closing argument: “MAXIMUM SECURITY is a bona fine CHAMPION that raced on water, hay, oats & fresh air!”

Everyone knows what this is about.

Less than three months after the announcement that Coolmore had purchased a significant share in the racing and breeding interests of Maximum Security – who was voted an Eclipse Award winner as outstanding 3-year-old male of 2019 – the colt's trainer, Jason Servis was among those rounded up and arrested by the FBI as part of a broad multi-year investigation into doping of racehorses in the United States.

The indictment states that Servis and co-conspirators “concealed the administration of PEDs from federal and state government agencies, racing officials, and the betting public by, among other things, concealing and covertly transporting PEDs between barns where Servis' racehorses were stabled, falsifying veterinary bills to conceal the administration of SGF-1000, and using fake prescriptions.”

Even worse, there were specific references to Maximum Security in the March charging document and the superseding indictment filed Nov. 5.

“Jason Servis, the defendant, was the trainer for a particularly successful racehorse, 'Maximum Security,' that briefly placed first at the Kentucky Derby on May 4, 2019, before racing officials disqualified the horse for interference,” the superseding indictment states.

“Following the Kentucky Derby,” it continues, “Maximum Security continued to compete in high-profile races, including in Oceanport, New Jersey. Servis worked with (veterinarians) Kristian Rhein and Alexander Chan, the defendants, among others, to procure and administer adulterated and misbranded PEDs, including the adulterated and misbranded PED SGF-1000 and invalidly administered Clenbuterol, for the purpose of doping several racehorses under Servis' control, including Maximum Security.”

The FBI intercepted a March 5, 2019, phone call between Servis and co-defendant Jorge Navarro in which Servis is heard recommending SGF-1000 to Navarro, adding, “I've been using it on everything almost.” Navarro allegedly admitted also giving SGF-1000 to some of his horses, then ended the call, saying: “I don't want to talk about this shit on the phone, OK.”

The indictment states that SGF-1000 is a “customized PED purportedly containing 'growth factors,' including fibroblast growth factor and heptocyte growth factor, which are intended to promote tissue repair and increase a racehorse's stamina and endurance beyond its natural capability.”

So it appears, based on the indictment, that Maximum Security was getting a little something more than the “water, hay, oats, and fresh air” claim in the ad.

No one is suggesting original owners Gary and Mary West or the Coolmore partners who bought into the horse had any knowledge of what is documented in the indictment.

The Maximum Security ad also includes an excerpt from a story in the Thoroughbred Daily News stating Servis may have been buying “some fake PEDs” from Chan and Rhein, based on comments from prosecutors at a pre-trial hearing.

The arrest of Servis came just over a week after Maximum Security had won the inaugural running of the $20-million Saudi Cup. The Saudis have yet to pay the purse money, pending the outcome of what they said is their own investigation into Servis. More likely, they're waiting to see what happens in court.

That could take a while. There is another pre-trial conference scheduled on May 14, 2021.

Maximum Security did win two of his four post-Servis starts while trained by Baffert, including the G1 Pacific Classic at Del Mar. He was retired following a fifth-place performance in the G1 Breeders' Cup Classic at Keeneland, finishing behind two Baffert barnmates – winner Authentic and runner-up Improbable – Global Campaign, and Tacitus. He beat race favorite Tiz the Law.

I'm not going to knock Maximum Security, who could turn out to be a great success at stud. As the late Hall of Fame trainer Charlie Whittingham is often quoted as saying, “Never say anything bad about a horse until he's been dead at least 10 years.”

But we know from other sports that suspected cheating has consequences. Barry Bonds, Major League Baseball's all-time leading home run hitter and single-season record holder, has been shut out of the Baseball Hall of Fame. So, too, have Roger Clemens, Sammy Sosa, and Mark McGwire, all with Hall of Fame qualifications but accused of using steroids. None failed a drug test.

Servis (and by way of extension Maximum Security) is innocent until proven guilty, but the charges against him and the others named in the case are serious. If Servis is found guilty, no amount of spin is going to chase the dark clouds away from his most accomplished horse.

That's my view from the eighth pole.

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