Joe Seitz remembers $75,000 being a “fair price” when the now 4-year-old Social Paranoia sold as part of the Brookdale Sales consignment at the Fasig-Tipton Kentucky July Yearling Sale in 2017.
Street Boss, the colt's sire, was standing for $10,000 live foal at Darley when Social Paranoia was conceived, so 7.5 times the stud fee was a profitable multiple for his breeders, Mineola Farm and Silent Grove Farm.
Social Paranoia's buyer and current owner, Stuart Grant's The Elkstone Group, has enjoyed an even higher multiple off the purchase price. After 15 career starts for trainer Todd Pletcher, Social Paranoia has earned $929,710, more than one-third of that coming from his 2019 victory at Kentucky Downs in the $600,000 Exacta Systems Dueling Grounds Derby.
Ridden by Jose Ortiz, Social Paranoia raced closed to the lead on the European-style turf layout at Kentucky Downs, moved to the lead inside the furlong pole and edged clear late to win by a half-length. His time of 2:08.50 for 1 5/16 miles established a new course record.
“I remember him clearly when he was at Fasig-Tipton,” Seitz said recently. “He was very popular, an awesome sale horse. We got $75,000, which was a fine price, but I had hoped he would do more.
“Fortunately, he got in the right hands, with Stuart Grant and Todd Pletcher.”
Slow to leave the maiden ranks (though he was third in the Grade 3 Pilgrim in the last of five starts at two), Social Paranoia scored his initial career win in his first start at three at Gulfstream Park and has exclusively competed in stakes competition ever since.
His big score at Kentucky Downs was the final start of 2019 for Social Paranoia, who began his 2020 campaign with a victory in the G3 Appleton Stakes at Gulfstream. Most recently he unleashed a furious stretch rally to win the G3 Poker Stakes at Belmont on July 4. He's just resumed training after a minor setback following the Poker and was not nominated for any stakes at the upcoming Runhappy Kentucky Downs meet, according to Pletcher.
Brookdale will be offering a full-brother to Social Paranoia in Book 2 of the Keeneland September Yearling Sale.
The post Honor Roll Presented By The Runhappy Meet At Kentucky Downs: Social Paranoia’s Road From The Sale Ring To The Dueling Grounds Derby appeared first on Horse Racing News | Paulick Report.