Despite Churchill Ban, Key Owners Keep Their Horses With Baffert

With Churchill Downs having ruled that any horse that remained in the Baffert barn as of Jan. 29 would be ineligible to run in the GI Kentucky Derby, Monday was decision day for Baffert's owners. In 2022 and 2023, several moved their horses into the barn of former Baffert assistant Tim Yakteen prior to the Derby, but that may not turn out to be the case this year. At least four owners who have Derby candidates with Baffert have said their horses will remain under the care of their Hall of Fame trainer.

Owners Jack Liebau, Tom Ryan and Mike Pegram told the TDN that they will not be taking their horses away from Baffert, even though that means they cannot run in the Derby. In addition, Ed Nevins, the director of the Baoma Corp, the owner of the highly regarded 3-year-old Nysos (Nyquist), told Horse Racing Nation that the undefeated colt will also remain in Baffert's care.

The TDN reached out to other owners who have Derby prospects with Baffert, including Amr Zedan, but, at deadline for this story, had not received a response from them. Baffert has had little to say about his situation and was unavailable for comment Monday.

The New York-bred Wynstock (Solomini) is entered in Saturday's GIII Southwest S. at Oaklawn. The winner of the GII Los Alamitos Futurity, he is co-owned by Liebau and Dr. Edward Allred, the owner of Los Alamitos.

“When Wynstock won the Los Alamitos Futurity, Dr. Allred, who is the majority owner, said that the horse was not going to go to the Kentucky Derby because he thought Churchill was treating Baffert unfairly,” Liebau said. “I guess we will look at the Preakness, but who knows what the status of the horse will be by Preakness time and how good the horse is. Dr. Allred calls the shots.”

Ryan is the managing partner of SF Bloodstock, which partners with Starlight Racing and Madaket Stables, a group that is among Baffert's biggest owners.

“Our horses will be in their own stalls tomorrow morning, and that says it all, doesn't it?” said Ryan.

Jack Wolf, the managing partner of Starlight Racing, added: “Tom Ryan is the managing partner and I agree with the decision he has made, which is we're not changing trainers. We just feel like it is the right thing to do and not just from a loyalty standpoint. We have nothing against Tim Yakteen. We think he is a very good trainer and this has nothing to do with him. It can be very destructive to these horses at this young age to go to a different barn and change conditioners, change their feed, change everything.”

Pegram, who has had horses with Baffert ever since he switched over to Thoroughbreds and has a Derby candidate this year in Wine Me Up (Vino Rosso), responded to a text from the TDN, writing: “We're doing the same as we have the last two years, staying with Bobby.”

Nysos has won his two starts by a combined margin of 19 1/4 lengths and may prove to be the best of Baffert's 3-year-olds.

“Unfortunately, our country is devolving into a nation where excluding the top competition is considered a legitimate way to win,” Nevins told Horse Racing Nation's Ron Flatter. “Bob Baffert is our trainer, and we stand with him and any decisions he makes regarding our horses.”

After Medina Spirit (Protonico) tested positive for the medication betamethasone following the 2021 Derby, Churchill banned Baffert from its tracks. The suspension initially was for two years but Churchill later amended that and included 2024 to the ban. In addition, in 2023, it gave owners until the end of February to move their horses from Baffert in order to be eligible for the Derby. This year decision day was moved up by one month.

 

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‘TDN Rising Star’ Doppelganger Arrives At Pleasant Acres Stallions For Stud Duty

Pleasant Acres Stallions welcomes to their roster 'TDN Rising Star' and GISW Doppelganger (Into Mischief) who will stand in 2024 for $10,000 LFSN, the Florida farm said in a release Thursday morning.

“Doppleganger exudes class in every sense. He's an eye-catching individual with more natural power and strength than his namesake Authentic. Commercially, he gives breeders an excellent chance to get a proper ROI, especially with the precocious nature of the broodmare base in Florida,” said Tom Ryan.

A $570,000 Fasig-Tipton Selected Showcase yearling, Doppelganger is out of the Quiet American mare Twice the Lady–a stakes winner and multiple stakes placed performer. His second dam, Catherine's Crown (Chief's Crown) is the dam of Michelle's Crown, who produced Louisiana Champions Day Turf S. and Louisiana Showcase Turf S. winner Snakebite Kit.

Once at the races, the Bob Baffert trainee broke his maiden on debut as a juvenile with a performance that awarded him the coveted TDN title for his 3 1/2 length win at Los Alamitos. He became his sire's 29th 'Rising Star'.

“When we saw him at the sale the whole team, Bob [Baffert], Tom [Ryan], and myself, agreed he was an absolute must have,” said Donato Lanni. “I am looking forward to seeing his babies hit the sales in a couple of years.”

At three, Doppelganger finished as the runner-up in the GII San Felipe S. at Santa Anita, and as a 4-year-old he captured the GI Carter H. at Aqueduct as well as the Battery Park S. at Delaware Park.

“A TDN Rising Star by Into Mischief has arrived in Florida for our breeders,” said Pleasant Acres Stallions Owner Joe Barbazon. “Bred on the same crossover Fappiano-line mares as Champion and MGISW Covfefe and GSW Maximus Mischief, we are confident he will make an impressive impact on future Florida crops.”

Pleasant Acres's newest addition will join the likes of MGISP and G1SP Gunnevera (Dialed In) at the 220-acre farm located just northwest of Ocala.

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Curlin, from Breeders’ Cup Winner to Breeders’ Cup Sire

Celebrating 40 Years of the Breeders' Cup with Living Legends

There are great racehorses and there are great sires. One doesn't always equal the other. Sometimes, but not always, a horse is equally adept at both.

“It's rare for world-class racehorse to become a world-class sire. It's two different resumes, two different achievements,” said John Sikura, owner of Hill 'n' Dale.

Rarely, ever so rarely, a top racehorse becomes a sire so good and so prolific in generating top-class horses that his own championship race record becomes almost an afterthought. That happened with Northern Dancer. He was a sire in such uncommon air that his own Hall of Fame achievements and Classic wins have been virtually relegated to a footnote amongst the heights of his accomplishments.

Is the same thing happening to 2007 GI Breeders' Cup Classic winner and Hall of Famer Curlin?

When a horse wins the Breeders' Cup, particularly the Classic, that is generally–and rightfully–considered the pinnacle of his or her career. Many are retired shortly afterward as there's a belief they've achieved all they can on the racetrack. A select few might add a second Breeders' Cup win or other Grade I races, but they are always referred to and remembered as a Breeders' Cup winner. Not so with Curlin. His Classic win was merely the launching pad of his impact on the World Championships.

“He's on the cusp of siring the most Breeders' Cup winners ever in different categories, sexes, distances,” said Sikura, who stands Curlin at Hill 'n' Dale. “The uniqueness of him producing world-class horses will be unparalleled in the breed.

“You'd be greedy if you thought the sire you were standing would accomplish this, but Curlin is a force and is unique.”

Curlin | Sarah Andrew

Indeed, of all the Breeders' Cup winners who have sired Breeders' Cup winners, Curlin ranks only one behind the late Unbridled's Song with five individual winners, making him the leader among living North American sires. A handful of other living sires have matched or exceeded that number–Dubawi (Ire), Into Mischief, and Tapit–but none of them won the Breeders' Cup themselves. Rare air, indeed.

“Any time you've sired more Breeders' Cup champions than any of those horses,” continued Sikura, “it's the highest distinction. What a testament among sires that have sired Breeders' Cup winners. Hopefully we can break the record this year or tie it. He had three winners last year which has never been achieved if you look at all the history of the Breeders' Cup.

Curlin's accomplishments speak for him. If the ultimate goal with a sire is siring a Breeders' Cup winner and if you've done that more than any other sire, then it doesn't really need a graphic or more explanation. He's the best of the very best, that's what that achievement says.”

When Curlin retired as America's richest racehorse with earnings north of $10 million to stand his initial season in 2009, no one could have logically predicted the dual Horse of the Year's best and biggest contribution to the sport was still ahead.

But one person did. His majority owner, Jess Jackson, told the media in late 2008: “He is one of the best examples of the breed–fast, strong, and durable. I predict he will make a substantial contribution to our sport through his gene pool, and I am looking forward to seeing his foals compete and possibly exceed his unequaled race record.”

Jackson, the late founder with his wife, Barbara Banke, of the then-fledgling Stonestreet Farm, was never shy with bold, sometimes flamboyant statements, but perhaps even he would be floored at the stark truth in his prediction these 15 years later. Curlin, with that gleaming golden coat, has the Midas Touch as a sire. And unlike many stallions, who have their best horses early on with those initial good books of mares, Curlin seems to be getting better and better. In 2022 alone, he became the first sire in the history of the Breeders' Cup to have three winners in one day. More specifically, it was three winners in less than three hours: races 5, 7, and 9.

Curlin's Breeders' Cup Classic win | Sarah Andrew/Equi-Photo

Curlin's own Classic in 2007 was a powerhouse performance in a soggy rendition at Monmouth Park. He'd never faced a sloppy track before, but it proved no obstacle. In a foreshadowing of his future, he manhandled his opponents on the racetrack and drew away with authority, just as he would do so on many indicators of the sire charts.

Curlin was Jackson's first major racehorse; Rachel Alexandra (Medaglia d'Oro) would be his second. Incidentally, and perhaps relevant to today's ongoing debate over synthetic surfaces, Curlin's only career off-the-board finish was a fourth when attempting to defend his Breeders' Cup Classic title at Santa Anita in 2008 over the then-synthetic. Jackson publicly stated at the time his horses would never compete over a synthetic surface again. True to his word, the next year, he did not enter Rachel Alexandra in the Breeders' Cup when it returned to Santa Anita despite her undefeated sophomore season which included wins over the boys in the GI Preakness, GI Haskell, and GI Woodward, as well as a 10 1/4-length GI Kentucky Oaks romp.

Jackson passed away in 2011 when Curlin's first foals were still short yearlings. He had been an incredibly sporting owner in his short time at the top level of the sport, proven by his decision to campaign Curlin at age four. Many would have retired the chestnut after a 3-year-old season that included that included wins in the GI Preakness, GI Jockey Club Gold Cup, and Classic, plus a head second to Rags to Riches (A.P. Indy) in an unforgettable GI Belmont S. battle. Curlin rewarded Jackson with another three U.S. Grade I wins at four, as well as a trip around the world to bring back a G1 Dubai World Cup trophy.

“He was the best horse in the world [at that time],” said Sikura. “I think his body of work as a racehorse was special and unique. He's passing on that quality, that ability, that soundness, that tenaciousness. All those things that made him such a great horse he's passing on to his progeny.”

Curlin initially stood at Lane's End upon retirement, but a change in his ownership brought him to Hill 'n' Dale for the 2016 season, when his first crop had completed their 5-year-old campaigns. Stellar Wind would be named the 2015 champion 3-year-old filly, Keen Ice had won the GI Travers S., Palace Malice had captured the GI Belmont S. and the GI Met Mile, and Curalina had taken the GI Acorn S. and GI CCA Oaks–all career-making accomplishments for the majority of sires. But most sires are not Curlin. He was just getting warmed up.

“There was an opportunity we seized upon when a 20% interest arose,” said Sikura. “It was ahead of his ability, but when it arose we certainly did everything to secure him. Look at all the Breeders' Cup winners along the way [since then]. He's done great things and hopefully will consistently continue to do them.”

Cody's Wish, shown winning the 2023 Met Mile. After his Saturday score in the Vosburgh, Godolphin's Michael Banahan said, “The major goal was trying to win the Met Mile, which we achieved. Everything else was just bonus to top it off.” | Sarah Andrew

Among Curlin's 21 Grade I winners and/or seven champions are Breeders' Cup winners Vino Rosso (2019 Classic) and Good Magic (2017 Juvenile), as well as his trio in 2022: Malathaat (Distaff), Elite Power (Sprint), and Cody's Wish (Dirt Mile). Amazingly, his runners have had another nine placings in Breeders' Cup races.

“If they make the starting gate, they're dangerous,” said Sikura. “He is multidimensional at the highest level; that's what makes him so special.

“He has done everything but be leading sire by progeny earnings. He's been carefully managed with fewer starters and fewer earners, but more importantly, he's siring more Grade I horses than any other horse during the last few seasons. When he breaks the Breeders' Cup record he can singularly be the horse.”

Sikura is right; by Grade I winners, Curlin currently leads North America's 2023 leading sire list and did in 2021 and 2022 as well.

“He's a horse whose achievements will be seen throughout the history of racing,” continued Sikura. “He's a true classic sire. His accomplishments prove that he is that special and unique horse.”

Sikura believes in Curlin's abilities so much that he did a deal for the breeding rights of Good Magic during that colt's 3-year-old year and now stands him as well. Hill 'n' Dale had consigned Good Magic to the 2016 Keeneland September sale as a yearling for his breeder, Stonestreet. Good Magic brought $1 million and broke his maiden in the Breeders' Cup Juvenile, then went on to have a stellar sophomore season, sandwiching wins in the GII Blue Grass S. and GI Haskell S. around a second in the GI Kentucky Derby.

Good Magic at Hill 'n' Dale | Sarah Andrew

“He's not quite as coarse as Curlin. He's medium-sized and he moves very well. If he's successful, he reminds you of Curlin. If not, he reminds you of the dam,” said Sikura with a laugh. “He's successful, so Curlin gets that attribution. He has a soundness quality and is probably a little earlier than Curlin was. I see, in the performance of his offspring, some similarities to Curlin, but he has his own ability to transmit those qualities.”

Good Magic leads the second-crop sire list by the standard measurement of earnings and got this year's Kentucky Derby winner, Mage, in his first crop. This marks the second consecutive year one of Curlin's sons has sired the Derby winner, as Keen Ice sired Rich Strike last year. Curlin has four sons to date who have sired Grade I winners.

“It's hard for a stallion to be trending any better than Good Magic. The secret is out,” said SF Bloodstock's Tom Ryan two weeks ago at the Keeneland September sale after purchasing a $700,000 session topper by the son of Curlin. “At this point, when you have a stallion producing horses at that elite level, the price bracket can get to an elite range as well. At the end of the day, you try to buy them as reasonably as possible, but it's our job to buy them.”

Curlin himself had two of the seven-figure yearlings at that sale and another two at the Fasig-Tipton Saratoga sale, including the $4-million topper out of champion Beholder (Henny Hughes). Despite a few more yearling sales remaining on the 2023 calendar, that Curlin yearling is likely to be the highest-priced yearling of the year.

“Everyone has given their best to the horse and he has rewarded that faith and opportunity by giving his best,” said Sikura. “Quid pro quo: we give our best, he gives his best. That's rewarding.”

Sikura pointed to the support of Stonestreet as one of the keys to getting Curlin those opportunities.

“Stonestreet has been great supporters. They were active in supplying those great mares ahead of the marketplace. That's a reward in itself and now other people are emulating that. There's synergy between owner and horse. They have that belief in him.”

Curlin's 12th crop of 2-year-olds is at the races this year. No fewer than 16% of all his foals aged three and up are stakes performers. If one looks only at starters, the number jumps to a provocative 20%. Curlin has 97 black-type winners bred in this hemisphere; 55 of those are graded winners; 21 are Grade I winners; seven are champions. Heady numbers, indeed. And he's showing no sign of slowing down.

Another of Curlin's 2022 Breeders' Cup winners, Elite Power, has come back to be a repeat Grade I winner in 2023. Curlin has five Grade I winners this year, top in the nation. | Sarah Andrew

“He's doing fantastic,” said Sikura. “He's a 19-year-old horse and is very, very fertile. He continues to sire elite-level horses. When the market looks at stallions when they get middle-aged, it is receptive if they are still performing. He is current and popular at the racetrack with representation and performance at the highest levels every year.”

From Breeders' Cup winner to Breeders' Cup sire, Curlin can no longer be considered on the cusp of greatness. He hurdled that superlative long ago. Perhaps an avalanche is a better term to describe his momentum as he sweeps up and overwhelms everything in his path, but he leaves things improved, not bereft as an avalanche does. He may not be Northern Dancer yet, but don't count him out.

“He is a self-made man. He brought just $57,000 as a yearling, but he's overcome every prejudice and at every opportunity he continues to elevate. That proves how great he is. We can just nod our head to that greatness level,” said Sikura.

Northern Dancer himself was famously an unsold yearling before his Hall of Fame racing career and unprecedented success as a sire. Curlin may have sold as a yearling for what now looks to be the bargain of the century, but he, too, was inducted to the Hall of Fame and is certainly proving himself as a sire and a burgeoning sire of sires. It's early days yet for him as a broodmare sire, but there's already 15 black-type winners and seven graded winners out of his first daughters.

Curlin knows he's special.

“He's like a politician. When someone shows up, he has a big smile because he knows he's going to get his picture taken,” said Sikura. “He has that aura about him, that life force. He knows he's the dominant male. He's not a fractious horse, doesn't bounce around, just looks around like 'I own the place.' Well, I own the place, but he paid for it. He's my best banker.”

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Is The Derby Purse Fair? Opinion From The Industry

In the Sept. 30 edition of the Thoroughbred Daily News, we ran an interview with John Sikura in which he raised questions about the funding mechanism and purse of the Kentucky Derby.

In the article, Sikura says:

“(The Kentucky Derby is) “The single event that drives the commerce of the industry. The point of entry to virtually everybody that owns a horse: 'I want to win the Kentucky Derby.' If you're fortunate enough to do so, there should be a financial reward that recognizes that–not just pride in achievement. A purse of $3 million, with $1 million dollars in fees and nominations, is an embarrassment to the sport. A huge windfall is given to a corporate entity, which they're entitled to. Corporately, they've been brilliant stewards of their brand and stock value. But they have to recognize that they're in a sport that has many participants–and that those should be rewarded.”

We asked several leading industry figures how they felt about what Sikura said, and also asked Churchill Downs, who had not responded by the time of publication of this article.

(To submit a reply of your own for consideration for publication, email suefinley@thetdn.com.)

 

Mike Repole, owner

“I disagree with John Sikura that it's embarrassing that the Kentucky Derby purse is $3 million. It's not embarrassing-it's beyond embarrassing. But not only do we put up a third of the purse with fees, but the way the owners get treated is an embarrassment. We buy our own tickets, and if you want more than 10-15 people, you have to buy your own seats. I have to run second in the Kentucky Derby just to break even. I'm 0-for-8 without a first or second, so every time I'm in it, I end up losing money. I doubt when a team makes the Super Bowl they have to worry so much about accommodations for their friends and family. So it's beyond embarrassing between the purse, and what owners pay to try to share the experience with friends and family. What happens when a syndicate makes it into the race with 30 owners? I think if it's going to be as prestigious as it is, the purse should be $10 million. The Saudi Cup is $20 million, the Dubai World Cup is $10 million, and the Breeders' Cup Classic is $6 million. I also disagree that they should allow 20 horses in the race. It should be 14. We're all concerned about horse safety. Is 20 horses in one gate safe? I don't think it is. This year, I have been blessed by having so much success, and it should be the most fun I've had in racing, but the frustration is starting to overcome the enjoyment. And the more I reflect, the more I'm starting to really realize that the blame of this lies with the owners and the trainers. As long as we keep letting tracks make the rules, and HISA with no real horse racing experience make the rules, and be ruled by the ineffective associations that represent owners, trainers, and jockeys in the sport without really having done them justice, the more we have to look ourselves in the mirror. If they lowered the purse to $500,000, they'd still get 20 horses, and that's on us. There's so much great that can happen in this game, but we're at a crossroads. This is self-inflicted. And we have let this go on for too long.”

 

Elliott Walden, President & CEO, WinStar Farm

“I think the Kentucky Derby purse should be $10,000,000 and the Oaks should be $5,000,000. The Derby has been raised twice in the last 20 years (300%). The Churchill Downs stock price is up over 1900% in the same time frame. I think our real problem is we are too busy fighting amongst ourselves with two horsemen's groups (the HPBA and the KTA), and not negotiating effectively with Churchill Downs as horsemen. It is the way the system has been set up. If I were CEO of Churchill, I would like it that way. Churchill Downs reported they had increased revenues of over $20.0M on last year's Kentucky Derby weekend alone. I am sure their argument would be that we can split up the purses any way we see fit.  I think this is more about having an equitable split on all revenues for the weekend and not just handle.”

 

Eric Gustavson, Owner, Spendthrift Farm

I read John's article. Of course he's right. I remember many years ago when I found out how much it cost to nominate your horse to the Kentucky Derby, should you be among the few to make to the starting gate of that illustrious race. You might think that the nomination would be covered for the lucky 20. But no. I was shocked as I did the math and realized the disproportionate percentage the nominations made up for the purse of arguably the world's most famous horse race, let alone our country's. A Derby purse increase is decades overdue.

Anyone who has ever tried to take a group to Churchill on Derby Day knows the king's ransom it takes just to get seats. Add on the seat licenses, the handle and just that one day alone is quite a haul for Churchill. And good on them! They deserve to enjoy the fruits of their labor, and the blessings that come with owning the premier day in our sport. But, as John stated, they could bump the Derby purse to $5 million tomorrow without batting an eye. That would put it on par with the Breeders' Cup Classic, which should be a minimum. But if you're Churchill, don't you want to be the class of the sport that offers American racing's most stout purse?

The powers that be at Churchill Downs should step up and reward the Derby runners commensurately with their achievement.

 

Kenny McPeek, trainer

There's no question that a race of that caliber, the purse should be larger. Worldwide, it don't think it ranks in the top 25 purses in the world. It's not in the top 25. For me, it's always been a bit of a head scratcher.

 

Tom Ryan, SF Bloodstock

The business behind the Kentucky Derby:

  • $3 million purse
  • 15 million viewers
  • 150,000 attendees
  • 93% hotel occupancy
  • $189 million in wagers in 2023
  • $400 million economic impact

The glaring issue here is the winning owner of the 2023 KY Derby takes home $1.5m after jockey and trainer take 10%.

Based on the current $3m purse, CDI doesn't care to preserve the sanctity of The Kentucky Derby by bringing it into line with the rest of the world. We should have a $10m purse structure with plans to increase incrementally as we evolve.

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