$425K Chameleon On Top As Book 3 Opens at Keeneland November

LEXINGTON, KY – The Keeneland November Breeding Stock Sale entered its Book 3 section Saturday in Lexington. Leading the day's trade was the 4-year-old broodmare Chameleon (Candy Ride {Arg}), who sold for $425,000 to the bid of Terri Burch of Stoneway Farm. The mare, in foal to Practical Joke, was bred and consigned by Mt. Brilliant Farm.

During the session, 243 horses grossed $15,012,500 for an average of $61,780 and a median of $50,000. The average was down 27% from last year's opening Book 3 session and the median was lower by 23.08%. With 80 horses reported as not sold, the buy-back rate was 24.77%. It was 26.63% a year ago.

There were just six horses to sell for $200,000 or over Saturday at Keeneland, compared to 16 a year ago.

“It shows how polarized our sales are right now because I came over here today and RNA'd them for $20,000 and then we sold one for $290,000,” said Tommy Eastham, whose Legacy Bloodstock offered two of the horses to reach $200,000 on the day. “The market is good, but it's really selective. It's very polarized. It just makes us better horsemen. We need to be better consignors, take better care of our horses because little penalties that you used to be able to get away with, that were maybe 20% penalty in the past, are fatal for your sale now. I hope it gets a little better and spreads out a little bit, but if you tick all the proverbial boxes, it's still really good.”

Weanlings from the first crop of Yaupon have been in demand all week and two colts by the Spendthrift stallion led the foals Saturday, selling for $220,000 to Brownsboro Racing and for $205,000 to Peter O'Callaghan's Cavalier Bloodstock.

While the weanling market has been competitive all week at Keeneland, O'Callaghan said he has noticed a drop-off in quality from years past.

“Unfortunately, the quality is not here,” O'Callaghan said. “We used to have a big list of horses in Book 3 at Keeneland November every year, but we are in single digits this year. There are not as many people offering the good weanlings as there used to be.”

O'Callaghan continued, “It's clear they are holding on to them. But if you're smart, selling the weanlings is a smart business. There are a lot of end-users here, the competition is not nearly as strong as the yearling market and the vetting–there is no comparison to how stringent it is at the yearling sales. I'm starting to think I should start selling a few myself. It's been a hot trade for the quality, there's just not enough quality here.”

The Keeneland November sale continues through Nov. 16 with sessions beginning daily at 10 a.m.

Chameleon to Stoneway Farm

Chameleon (Candy Ride {Arg}) (hip 1437) will be joining the broodmare band at Jim Stone's Stoneway Farm after selling for a session-topping $425,000 Saturday at Keeneland. The 4-year-old mare, bred and consigned by Mt. Brilliant Farm, sold in foal to Practical Joke.

“She's a very attractive mare in foal to Practical Joke who just had two double raises in his stud fee,” Stoneway's Terri Burch said after signing the ticket on the mare. “We are looking for big, attractive mares. We lost one of ours this year that was in foal to Jack Christopher, so we were looking to find something to replace her.”

Home to some 15 mares, Stoneway lost the mare Ahh (Saint Liam), dam of multiple graded winner Ahh Chocolate (Candy Ride {Arg}), this year.

“We have a lot of that family, so we were looking for something in a family we didn't have with a lot of winners and stakes horses in it,” Burch said.

Chameleon is a daughter of stakes winner Secret Someone (A.P. Indy). Her granddam is Private Gift (Unbridled), who produced multiple graded winner Private Mission, as well as the dam of Grade I winner Dunbar Road.

Stoneway Farm campaigned multiple graded winner Stonetastic (Mizzen Mast), who the operation purchased for $77,000 at the 2012 Keeneland September sale. The gray mare joined the farm's broodmare band and her filly by Gun Runner sold for $925,000 at last year's Keeneland September sale.

“It's so much cheaper for us to race one of our own and make it a stakes horse then try to come over and buy one,” Burch said. “We've been very successful buying them on the cheap and they turn into graded stakes horses and we bring them home to the farm. So we are hoping we get great babies out of [Chameleon] because she's so beautiful.”

Terri Burch | Keeneland

Yaupon Weanlings in Demand

Weanlings from the first crop of Grade I winner Yaupon (Uncle Mo) have sold well all week at Keeneland, with 20 sold through four sessions for an average of $164,500 and three selling for $400,000 or over.

The top two weanlings to sell during Saturday's session of the auction were colts by the Spendthrift stallion, with Peter O'Callaghan's Cavalier Bloodstock going to $205,000 to acquire hip 1319 from the Grovendale Sales consignment, and hip 1430, from the Legacy Bloodstock consignment, selling for $220,000 to the phone bid of Brownsboro Racing.

“He's a very good-looking horse himself,” O'Callaghan said of Yaupon. “He's out of a Vindication mare, so that's a great influence and it must be coming through, between the Uncle Mo, [Uncle Mo's sire] Indian Charlie, and the Vindication–all of the above. I think he's really a nice horse. I have to hand it to him, they are very consistent. Each session almost, from Fasig, to Keeneland Books 1-3, there has been a couple of star colts and fillies by him each day. It's been impressive.”

Bred by St. Simon Place, hip 1319 is out of the unraced Sunday Driver (Quality Road) and from the family of graded stakes winner Skippylongstocking.

Hip 1430, bred by Scott Pierce, is out of stakes winner Cartwheelin Lulu (Bustin Stones).

“They are really nice horses,” Legacy's Tommy Eastham said of the first crop of Yaupon. “You know how the market is once they figure out the pretty ones. Yaupon is one of the prettiest horses I've seen. Frank Taylor said it best, he's one of the prettiest horses since Unbridled's Song.”

Of the session-topping weanling, Eastham said, “This was colt was great-minded, he did everything we asked him to. Even after he'd been out 111 times, we knew he was tired, but he never failed us. Every horse gets tired, but the ones that keep going are the ones that make a difference. We are really grateful to the people like Scott Pierce who send us these horses.”

Hip 1319 | Keeneland

Opening Act Sets the Pace

Opening Act (Ghostzapper) (hip 1223) went to the lead midway through Saturday's fourth session of the Keeneland November sale when bringing $290,000 on a phone bid from Steve Spielman of Nice Guys Stables. The 3-year-old, who sold in foal to Golden Pal, was consigned by Legacy Bloodstock. Out of Laffina (Arch), she is a half-sister to multiple Grade I winner Bast (Uncle Mo). She raced twice for Michael Tabor and trainer Wesley Ward, finishing third in her debut at Turfway in January.

“She is a beautiful mare,” said Legacy's Tommy Eastham. “She is once covered, carrying a colt. She is beautiful minded and has a big pedigree with an update. Body language counts, even in the horse business and she came out and did everything we asked of her. She had a tremendous following at the barn.”

The mare's 2-year-old half-sister Royal Slipper (Uncle Mo) graduated by a front-running 4 3/4 lengths for Tabor and Ward at Keeneland Oct. 6.

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Giving Back: Dr. Scott Pierce and the Central Music Academy

This is the first in a new TDN series on people in the Thoroughbred industry who have a passion for a non-industry charity. Want to recommend someone for the series? Email katiepetrunyak@thetdn.com or suefinley@thetdn.com

Dr. Scott Pierce has a lot to be proud of and even more to look forward to. The Rood and Riddle Equine Hospital partner and owner of Omega Farm is the breeder of MGISW Country Grammer (Tonalist), who is set to join the WinStar stallion roster this coming year. But if you caught Dr. Pierce bragging in between radiographs at this year's Keeneland September Sale, it probably wasn't about the first stallion to come off his boutique breeding operation. Instead, he was more than likely telling you about the Central Music Academy (CMA), a non-profit in Lexington that gives free musical training to students ages eight to eighteen who would not otherwise be able to afford professional musical instruction.

Pierce has been on the CMA's Board of Directors for nearly a decade and he has been the board's chairman since 2019. During that time, Pierce has been an outspoken advocate for the work being done through the organization.

“The bottom line is that it's all about the kids,” he shared. “It enables kids to receive really good, high-quality music lessons from very good teachers. It changes their lives; I've seen it happen.”

CMA student during a percussion lesson | courtesy CMA

In 2015, a close friend asked Pierce if he would be interested in joining the CMA's Board of Directors. Knowing little about the organization, Pierce wasn't sure what to think of the commitment initially but he soon became hooked.

“So many people agree to be on different boards and you can either be an active or a passive board member,” he explained. “Seeing the change that this has made in these kids' lives has made me a very active board member and it's been a big part of my life for the past few years. When you see the difference it makes, it's easy to get involved and you want to promote it.”

Founded in 2004, the Central Music Academy started with just five students in its first semester and gradually built from 11 attendees to 20 and eventually to the current enrollment of about 100 students. Since its inception, it has provided over 50,000 free musical lessons in all areas of musical performance to more than 1,500 children. The students receive high-level instruction from teachers who hold Bachelor of Music degrees. Half of the teachers have also completed or are working on their master's or doctorate degree in music.

In order to qualify for the program, a family of four must make less than $60,400. This threshold is based off the U.S. Department of Housing and Urban Development's Lower-Income Household Levels.

“100% of the kids would not be able to afford this without aid,” Pierce said. “What's phenomenal is that CMA students have a 100% high school graduation rate and many of them go on to college. A lot of the students have also auditioned into SCAPA [Lexington's School for the Creative and Performing Arts] or have gotten into all-state bands or orchestras, so it helps them move along in their education and potential careers.”

One graduate of the program began taking trumpet lessons at CMA when he was 11 years old and went on to receive a scholarship at the University of Louisville, where he is now majoring in music education.

Pierce also pointed out the diversity of their students, noting that 42% are Hispanic, 40% African American and 15% Caucasian.

“The only thing that is discouraging is that there is always a waiting list,” he admitted. “There is not enough money to hire enough teachers. Currently there are 45 students on the waiting list because it is expensive to provide these free lessons.”

Growing up in Missouri, Pierce was never destined to become a musical genius. While his mother begged him to learn the piano, Pierce admitted that he “fought her tooth and nail.” Looking back now, Pierce realizes his childhood mistake.

“This is making up for some of the things I missed because I've learned as I've gotten older that music is so important in my life,” he said.

In addition to limited monetary resources, CMA has also had to overcome the obstacle of a restricted amount space to conduct their lessons. The program has bounced from one building to another over the past 20 years until this spring, when Pierce found a building for sale that would become the CMA's permanent home. Formerly the location of a prosthetics company, the 5,000 square foot building was the perfect fit with seven small rooms that were easy to renovate into private classrooms.

“One of my goals was to purchase a facility that we could call home,” Pierce said. “It's a blessing that we were able to afford it. We still have some renovations that we need to do, but this has been a huge deal for us and for the future. It gives the kids a fun, safe space to hang out and do their lessons.”

One of the eventual goals for the new facility is to convert the open basement into a space for recitals. Typically the CMA rents out event centers in Lexington to host multiple recitals and events each year, but a remodeled basement that could hold over 50 attendees would provide a built-in location for recitals as well as larger group classes.

While Pierce's major goal of finding a permanent location for the CMA has been fulfilled, he is far from taking the metaphorical foot off the gas pedal in terms of moving the organization forward.

“I don't want to see any kid on a waiting list,” he said. “That's the primary thing and then also to get more notoriety, get the mission out there. We know that the CMA is growing because we do get generous donations from people just out of the blue. I think knowing that it makes a huge difference in the kids' lives makes it an easy nonprofit to donate to.”

The new CMA building in Lexington | courtesy CMA

This year, Pierce's tenure as the CMA's chairman will come to a close. The program's Director Erin Walker Bliss said that Pierce's leadership over the past four years has been vital to the CMA's success.

“He's really excited about what CMA does and telling people about the program,” she said. “He's also excited about music. We were friends with him for years before he told us he had a cello in his closet that he had bought on a whim because he wanted to learn it. He's been a great voice for the organization and people take him seriously. Because he's a mover and a shaker in his own field, when someone is at that level it means that they're serious with anything that they're pursuing.”

Walker added that Pierce is now trying to recruit the next group of board members, perhaps even finding some music lovers from his circle of friends in the racing world.

“He has definitely helped spread the word throughout the horse industry,” she said. “We never had a connection to the equine industry before so it has brought in an entirely new group of supporters, which has been huge for us as well.”

Even when he is no longer on the nonprofit's board, Pierce has made it known to the CMA team that he isn't going anywhere.

“This has been truly fulfilling for me,” he reflected. “A lot of the kids know that I'm on the board and I've had some of them come up and thank me at recitals. To go down the hall and hear them in their lessons, I know it's really life changing for them.”

Pierce's involvement in the CMA is worlds away from his many achievements as an esteemed veterinarian and a successful breeder, but it holds an equally significant place in his heart.

“It's totally out of my wheelhouse, but it's been fun and rewarding,” he said. “I wish more people would get involved in things like this because it makes such a huge difference. I've been blessed to have many things come my way and it's a way to pay it forward, which I think there are a lot of people in the horse industry that do that. The generosity in the horse industry is phenomenal and I'm just a small part of it.”

Between his philanthropic endeavors, traveling far and wide for public auctions from Tattersalls to Ocala to Keeneland, and his managing shareholder position in Rood and Riddle's Wellington and Saratoga locations, Pierce shows no signs of slowing down.

“My goal 40 years ago was to breed racehorses and have a farm, so I'm living the dream,” he said. “You hear that a lot, but I truly am. I may slow down in terms of veterinary practice, but retire is not in my vocabulary.”

Click here to learn more about the Central Music Academy. 

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‘Classy-Looking Filly’ Is First Foal For Spendthrift Farm’s Thousand Words

Spendthrift Farm's Thousand Words, the undefeated Grade 2 winner at two and multiple stakes winner at three by Pioneerof the Nile, sired his first reported foal on Tuesday when a filly was born at Bison Ridge Equine in Bartlesville, Okla.

Bred by Hidden Creek Farm, the chestnut filly is the first foal out of the Laoban mare Laoban Furen, whose dam is the stakes-winning and stakes-producing Malibu Moon mare Hung the Moon. Laoban Furen is a half-sister to Brill, a million-dollar, sale-topping yearling and Santa Anita stakes winner.

“She's a really nice foal out of a maiden mare that is from a good family. This is a classy-looking filly and very correct,” said Scott Pierce, owner of Hidden Creek Farm.

A million-dollar yearling himself, Thousand Words was an undefeated 2-year-old, breaking his maiden on debut before stretching out around two turns to capture the Grade 2 Los Alamitos Futurity. At three, he won the G3 Robert B. Lewis Stakes at Santa Anita and went on to defeat leading 3-year-old Honor A. P. in the Shared Belief Stakes at Del Mar in a final major prep for the 2020 Kentucky Derby, earning a 104 Beyer.

Thousand Words, who is out of the multiple Grade 2-winning and Grade 1-placed mare Pomeroys Pistol, retired to Spendthrift where he bred 184 mares in his first book in 2021. He is set to stand his second season at stud for a fee of $7,500 S&N.

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Omega to Alpha, A Breeder Who Knows Horses Inside Out

If anything, you would think it the very last thing that might appeal to one who has spent decades acquainting himself, at viscerally close quarters, with all the things that can go wrong with a Thoroughbred. Yet here he is, sharing the same vicissitudes as those clients for whom–weighing the ups and downs of their trade–his veterinary skills so long served as a vital fulcrum.

As one of the original partners of the Rood and Riddle Equine Hospital, Dr. Scott Pierce could scarcely have gone into breeding with fewer illusions. Yet perhaps that is precisely why he has proved so adept; why no more than 100 acres at Omega Farm, straddling the Bourbon and Scott County border, should have launched a couple of alpha males from the same crop towards Grade I prizes at Saratoga. On Saturday, Three Technique (Mr Speaker) lines up for the Allen Jerkens S.; and then, a week later, Country Grammer (Tonalist) is sizing up the Travers S. (Both races, incidentally, under the Runhappy sponsorship umbrella.)

Certainly Pierce meets in similarly wry vein the suggestion that his professional experiences might sooner have put him off.

“Actually it was quite refreshing, not having to call owners and go through all the bad news,” he says. “And it also helped me relate to what my clients were going through, because now it was happening to me too. So no, it wasn’t discouraging at all. In fact, it made you tolerate and accept when things go wrong. That’s just part of the industry, part of a natural process, part of raising a horse. Things go wrong with all living species. And, when things do go well, this industry is a lot of fun. Especially when you have a business plan, and it starts to bear fruit, and you start to watch your horses run on the weekend.”

True, the 20-year transition out of veterinary practice–these days Pierce confines himself to public auction work–into a farm owned with his wife, Debbie Spike-Pierce, was a guarantee that he would never have anything recognizably resembling “retirement”. But there’s no mistaking the accompanying fulfilment.

And that breadth of perspective, critical to both his vocations, prepares Pierce even for the times when the best of fortune is sometimes conflated with regret. When Country Grammer made a splendidly game Travers reconnaissance in the GIII Peter Pan S., he confirmed that Pierce and his team can breed and raise a good horse: perhaps he can even emulate Saoirse Abu (Mr Greeley), a dual Group 1 winner in Europe. On the other hand, there’s no getting away from the fact that Country Grammer’s dam Arabian Song (Forestry) was culled—for just $5,000, apparently to Saudi Arabia—a couple of months after her son had been sold, for $60,000, at the 2018 September Sale.

“Let me just say I have no illusions; I don’t have any problem with that,” Pierce says candidly. “As we all know, the perfect, 20/20 vision is hindsight. If we had that, we’d make a lot less mistakes in this world. That’s just life. But we’re a small farm, and small farms usually purchase lesser-valued mares. I purchased Arabian Song [privately] for very little, as a maiden mare. And I’d been a little disappointed in her first three foals to hit the races. On a small farm, when things don’t happen relatively quickly, then there’s turnover; there’s downsizing.

“If you can buy more expensive mares, they’re longer-term investments; and they require bigger stud fees. I don’t go there. That’s not been our model. It’s extremely expensive to keep mares. So small breeders like me typically tend to have more turnover. I had way too much inventory, and when it came time to be downsizing, she was one that got away. And that’s okay. You know, I’ve had clients tell me that when they look back and ask how many mares they regret selling, they can maybe count one or two out of 100. Now I did break my rule a little bit, because typically I try to let four of them get to racing age, and she’d just had three. But they were claimers.”

All that makes perfect sense. On the face of it, after all, with another $90,000 banked for her Runhappy weanling at that same Keeneland November Sale, you could argue that a nugatory initial investment had produced a perfectly acceptable yield from her stint on the farm. Both Country Grammer and the Runhappy filly, moreover, proved productive pinhooks for their purchasers, much as Pierce had promised would prove the case. Country Grammer, remember, is a May 11 foal.

“I asked quite a few 2-year-old pinhookers to go see him,” Pierce recalls. “They loved his big walk, but said he was too immature, too small, to make a 2-year-old sale. Then somebody bought him out of California, I believe–and, lo and behold, he ended up going to a 2-year-old sale. Ciaran Dunne had him and when they got $450,000 I was over the moon. That’s awesome. Those people will come back and want to buy another one from you.

“He was always a bit of a diamond in the rough, quite frankly: always a very nice individual, just not the super-obvious yearling that everyone just had to have. The mare was always bred late, which was a disadvantage because her foals were always a bit small. Always correct, but just a little immature. So he was not a great big bull. But he had that huge walk, and a great mind.”

Three Technique, sold as a weanling at the previous November Sale for $50,000, was found to have suffered a minor ankle injury after flattening into fourth in the GII Rebel S. He now reverts to seven furlongs, over which trip he twice impressed–by an aggregate 10 lengths–at the end of his juvenile campaign.

His dam has already produced Stan the Man (Broken Vow), runner-up in the GII True North S. on his latest start, and Three Technique will be going out to bat for a full brother entered in the September Sale.

“Three Technique was getting a lot of press early on so we’ll see, maybe he’ll be as good as some of the early reports,” Pierce says. “The yearling is very nice and correct, real similar to Three Technique. That mare Nite in Rome (Harlan’s Holiday), she just has lovely foals.”

Another smart sophomore from the same little Omega crop is Bank On Shea (Central Banker), winner of a $500,000 stakes in the New York Stallion Series last winter. He was bred from a $5,000 mare, another that was flipped: brought into the program for 18 months, to do a job. Bank On Shea made six figures at auction, and his dam had no pedigree that warranted longer investment. (“Thank goodness for the breeders’ fund!” exclaims Pierce.)

Even Saoirse Abu, who made $260,000 as a yearling, was bred from an unraced Florida-bred, picked up cheaply as a maiden mare. One way or another, then, it would certainly seem that Pierce has developed a shrewd eye for a horse during a career that had no roots in the Thoroughbred world.

Yes, his father was also a veterinarian, but in rural Missouri. “I knew I didn’t want to do small animals and I didn’t want to do food animals,” Pierce recalls. “So I went to Oaklawn Park as a vet student back in the early ’80s and worked for a track vet there. And I recall standing by the first turn and hearing the sound of the horses galloping by during the race. And that was my epiphany, the ‘ah-ha’ moment that said: this is for me.”

For the education of his eye, in the years since, he gives much credit to a long professional association with Mike Ryan.

“If you hang out for 30 years with probably the best agent in the world, you hope some of that rubs off,” he says. “Just in my visualizing the type of horse people want, the type to breed for. I don’t get down in the weeds with him: I’m his veterinarian, and I value our friendship. But vetting horses for him, I do see the type that he picks. That athletic horse, typically very correct. And obviously some that others tend to not choose. Mentally and physically, they have certain characteristics. A big stride. No question, he’s the best; and it’s been a privilege to work for him for so long.”

Pierce was one of a handful of partners when Rood and Riddle launched in 1985. “I was fortunate to meet Bill Rood early in my career,” he says. “And this has been a really fun endeavor: to start off with four or five of us and end up, I’ve lost count, with over 70 vets now. So it’s been fulfilling. I always say how sorry I feel for people that get up in the morning and don’t want to go to work, because I was never that person. I got tired, obviously, and wore out, but I always loved doing what I was doing.”

His veterinary career spanned a period of unprecedented advances. When Rood and Riddle opened for business, the first ultrasound pregnancy tests had been conducted only three years previously. But the restless quest of science goes on, each new answer raising new questions. The rest of us can only envy people like Pierce, viewing each breakthrough not as a conclusion but as a platform for fresh discovery.

“It’s been phenomenal, all the advancements that have occurred,” Pierce enthuses. “I started off in mare work for years, loved it, but then became interested in upper airways: there was really nothing published, we had nothing to go on. So I started to do a lot of research, and actually I’m working on another paper now.

“Technology is advancing to the point where we know now that you can miss a lot of things in the resting endoscopic exam. That’s why your ‘over-grounds’, your dynamics, are becoming so popular. We know a lot more; we know that certain airways aren’t good, and that you don’t want to buy those grade threes. But I think there’s still too much subjectivity. You can have 10 vets look at the same video, and half of them call it one thing and half call it something else.”

He rejects fears that veterinary checks are becoming too defensive, suggesting that this perception simply reflects better information.

“With the repositories now, everyone is looking at the same exam,” he says. “Obviously if you’re not happy with that, you can have your own exam performed by your vet. But I think there’s more transparency on the vetting end now. And the steroid bloods they installed, that’s another positive change. There hasn’t been a single positive reported yet. A lot of good stuff has happened.”

And that is no less true of his personal journey through the profession. Most obviously, he met Debbie at Rood and Riddle, where she took over as President/CEO two years ago. Besides being listed as co-breeders of Country Grammer, they have “bred” daughters Vivian and Audra.

“My partner in business, and partner in life,” Pierce says.

“Debbie’s helped me at sales since the mid-’90s, she’s one of the best at reading radiographs. She still helps me, goes to Tattersalls every year.”

And it was also at the “day job” that Pierce found Emma Quinn, originally his assistant but now–along with husband Dermot–indispensable to the day-to-day operation of Omega Farm.

“We started off small with just five or six mares,” Pierce says.

“And Emma and Dermot have done a great job, making the business as profitable as it could be–both with a few boarders, and in allowing me to do my thing. It’s important for the owner to have his or her boots on the ground, too: to see things, fix things, advise. But they’re the ones who have created the business, not me.

“Emma also has a little sale consignment, Garrencasey, that mostly sells off our farm; and she’s really good at that too. For years everyone has kept trying to hire her away from me, but she stuck it out–so something must be going right!”

Indeed it must. Omega may be a relative minnow: Pierce says that even around 20 mares is still too many. But this is a consignment that deserves attention. Its graduates are given a foundation that allows them to keep thriving. Pinhookers were able to get Country Grammer, Three Technique and Stan the Man for an aggregate $192,000, before selling them on for $780,000.

Pierce and his crew don’t cram these animals with supplements. They just try to raise a healthy, robust animal, physically competent for the next stage of its education. “We try to do things as naturally as possible,” says Pierce. “We try not to have an extended period in the stalls, etc. They’re not raised rough, they’re well cared for, but they’re raised naturally.”

So nobody is trying to be reinvent the wheel here. Cloth is cut according to resources, and it’s a case of keep things sufficiently shipshape to ride out the bumps in the tide.

“The way the small guy gets lucky is breeding to a new stallion in his second or third year and hoping he hits before the stud fees go up dramatically,” Pierce says. “But there’s downsides that go with that. A lot of stallions don’t hit, and you’re also buying mares you hope to make from scratch. So I’m pretty satisfied with our little program. We’re just waiting on our next Grade I winner, and I hope Country Grammer could be the one.”

If he is, then Pierce is seasoned enough to shrug off his dam’s exit. No farm, of any size, can afford to keep rolling every single dice; can persevere indefinitely with every mare just in case one of her ugly ducklings turns out a swan. The bigger picture is that the emergence, from so small a farm, of two legitimate Grade I contenders in consecutive weekends must be welcomed as a symbol of hope for anyone operating at the unforgiving margins of the business.

“It’s a win for the small guy,” Pierce says. “Kudos to the people that got lucky and bought Arabian Song. Hopefully we’ll have more in the pipeline. We’ve had a bit of success on this lower end, we’re very happy with how it’s going, and feel pretty good about the future. We’ve some really good 2-year-olds coming out, some nice yearlings. So I’m pretty encouraged. And it’s a lot of fun to watch these horses you’ve raised. There’s camaraderie, and congratulations, and relationships. And that’s what it’s all about. It’s fun when you see that the small guy can occasionally jump up there and be a winner.”

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