Archive for November, 2008

By Ray Paulick

When IEAH Stables bought an interest in 2007 Remsen Stakes winner Court Vision from WinStar Farm earlier this year, the son of Gulch had the look of a Derby horse. He eventually lived up to that billing, though his Grade 1 Derby victory came not on the dirt at Churchill Downs on the first Saturday in May but on the Hollywood Park turf on the last Sunday in November. Under Ramon Dominguez, who earlier in the day won the Grade 1 Matriarch Stakes with Godolphin Racing’s Cocoa Beach, Court Vision made an eye-catching run from last at the top of the stretch to win the Hollywood Derby by three quarters of a length, defeating Cowboy Cal and Midships.

Trained by Bill Mott, Court Vision covered a mile and one-quarter on firm turf in 2:01.43 as the 7-2 second choice in the betting. It was his fifth win in 12 starts and first in a Grade 1 event.

After winning three of four starts as a 2-year-old, Court Vision regressed somewhat on the road to the Triple Crown, finishing third in both the Fountain of Youth at Gulfstream Park and Wood Memorial at Aqueduct. After a disappointing 13^th behind IEAH’s Big Brown in the Kentucky Derby, Mott switched the colt to turf, where he finished fourth in the Colonial Turf Cup and an unlucky second, beaten a nose, in the Virginia Derby, both races at Colonial Downs.

Back on dirt in the Travers at Saratoga, Court Vision was never a factor when sixth behind WinStar’s Colonel John, then ended his six-race losing streak with a victory in the Jamaica Handicap on turf at Aqueduct (the first time Dominquez rode him).

Muny set the pace from the outside post position in the Hollywood Derby, going a half mile in :49.41, six furlongs in 1:13.40, and a mile in 1:37.56. Cowboy Cal overtook the frontrunner in midstretch, but didn’t have enough to withstand the fast-finishing Court Vision, who caught him in the final strides. Midships closed well to get third. Based on Court Vision’s position at the one-mile call on the Equibase chart, he flew home his final quarter-mile in about 22 3/5 seconds.

Bred in Kentucky by the W.S. Farish and Kilroy Thoroughbred Partnership, Court Vision was produced from the Storm Bird mare Weekend Storm, a half sister to leading sire A.P. Indy. 

Video of the Hollywood Derby.

Earlier in the Hollywood Park Turf Festival program, favored Cocoa Beach rallied  in the stretch to catch the front-running second-betting choice Precious Kitten and win the Matriach by three-quarters of a length. Juddmonte Farms’ Visit was third.

Cocoa Beach, second to Zenyatta in her last start, the Breeders’ Cup Ladies’ Classic, was trying the grass for the first time since her maiden victory in Chile in January 2007. She was purchased by Godolphin last year and sent to Dubai, where she won two of four starts and was third in the UAE Derby. The 4-year-old daughter of Doneraile Court won her first two American starts, including the Grade 1 Beldame at Belmont Park, before running second in the Breeders’ Cup on the synthetic Pro-Ride track. She is trained by Saeed bin Suroor. Cocoa Beach covered the mile on firm turf in 1:35.49.

Matriarch chart.

Video of the Matriarch.

Video of the Hollywood Turf Festival graded races.

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Teruya Yoshida’s Screen Hero pulled off a huge upset in the 2,400-meter Japan Cup at Tokyo Racecourse on Sunday, taking the lead in the final 100 meters and holding off a fast-closing Deep Sky, winner of this year’s Japanese Derby. The 4-year-old filly Vodka, winner of the Japanese Derby of 2007 and the wagering favorite in the North American pool, was third. A third Japanese Derby winner, Meisho Samson, battled for the lead into midstretch but faded late.

A 4-year-old son of the Silver Hawk stallion Grass Wonder out of Running Heroine, by Sunday Silence, Screen Hero was bred in Japan by his owner’s Shadai Farm. He is trained by Yuichi Shikato and was ridden by Italian jockey Mirco Demuro, who one day earlier was issued a 30-day license to ride in Japan. Demuro has ridden at Japan Racing Association tracks on a temporary license every year since 1999.

The win was the fifth in 17 starts for Screen Hero and his first in a Grade 1 race. He was coming off a victory in the Grade 2 Copa Republica Argentino over the same Tokyo grass course. Click here to see past performances for the race.

Screen Hero covered the distance (about 1 ½ miles) in 2:25.50 and paid $122.80 to win in the North American pools. The race was televised in North America by TVG.

There were no North American horses in the race following the scratch by trainer Neil Drysdale of Canadian International winner Marsh Side due to a fever.

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It was billed as the “Biggest Vegas Qualifier Ever,” but horseplayers who paid $250 to enter Saturday’s TwinSpires.com contest in hopes of getting a berth in the annual National Handicapping Championship might call it the biggest online screw-up since the Churchill Downs-owned wagering platform melted down on Kentucky Derby Day earlier this year.

Midway through Saturday’s 15-race contest, many of the 550 entrants were unable to make their online selections. Instead they got an error message saying “database connection failed; too many connections.” The problem went on for at least five races, and there was no communication from TwinSpires.com to participants. “Obviously, it was not pleasant for the players,” one contestant wrote to the Paulick Report.

Vernon Niven, president of TwinSpires.com and executive vice president of Churchill Downs Inc., told the Paulick Report a decision was made to cancel the contest, refund all entry fees and reschedule the qualifying event as soon as possible. Fifteen berths were scheduled to be awarded for the National Handicapping Championship, to be held in Las Vegas Jan. 23-24. Prize money in that event, sponsored by the National Thoroughbred Racing Association and Daily Racing Form, is expected to be $1 million.

“We had a database failure with the contest engine that overloaded some queues and caused the login process to freeze,” Niven told the Paulick Report. “Not every player was affected but due to the nature of this we had to cancel the contest and will be refunding everyone.”

No wagers were processed incorrectly, according to Niven, although he said the issue also prevented TwinSpires.com telephone operators from placing wagers via telephone. Some TwinSpires customers not involved in the handicapping contest also experienced log-in problems.

“It’s a huge embarrassment for all of us, and we pride ourselves in our contests,” Niven added. “It’s a slap in our players’ faces. We’ll look at who was affected and how they were affected.”

Saturday’s problem, on top of the Derby Day online wagering malfunction, comes from a company that hired a CEO in Bob Evans with a tech-savvy reputation and has a “think tank” division based in California’s Silicon Valley.

“CDI, which promotes itself as racing’s technology company has failed to deliver,” a contest player wrote to the Paulick Report. “I know I’ll be cancelling my account after this and the Derby Day fiasco.”

“We do pride ourselves on having an outstanding technology team and are working on this as best we can,” Niven said. “We did have problems on Derby Day 2008. That was a different issue – a wagering platform problem. We fixed that issue, as evidenced by Breeders’ Cup Day. This was a different issue. It is one of those things that our guys missed. It was a programming error on our part having to do with database queries that allowed our queues to overflow.

“Our players should not have to worry about that. We are contacting our players to let them know that we apologize and that we will be refunding them within 24 hours.”

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A group of fans discussing Exceller’s death on an online forum decided to do more than mourn his death. They pledged to support Thoroughbred rescue efforts, initially at the United Pegasus Foundation in California. They eventually forming the Exceller Fund to keep alive the name of the horse trainer Charlie Whittingham called the best Thoroughbred never to win an Eclipse Award. Exceller was, however, posthumously elected to the National Museum of Racing Hall of Fame.

This grassroots organization of racing fans and horse lovers began with just a dozen people, each pledging a minimum of $15 a month to support rescue efforts. The Exceller Fund’s membership has grown to well over 100 members and has saved more than 250 horses since its creation. There are no only employees, only volunteers, and the Fund’s annual budget is approximately $70,000. (Click here to see the Exceller Fund’s financials.)

Click here to learn about becoming a member of the Exceller Fund or here to make a donation.

Its mission statement – Providing a Future Beyond the Finish Line – allows the Exceller Fund to work with local horse rescue organizations to transition horses to a second career after racing or breeding by acquiring horses that might be at risk for slaughter and caring for them until a new home is found. Its Web site provides a list of horses the Exceller Fund has adopted out or helped in other ways.

Barbara Kraus served as president of the Exceller Fund until 2003, when Bonnie Mizrahi, who had been in charge of fund-raising, took the reins. In August 2008, top New York trainer Gary Contessa was named president, a move that increased the organization’s visibility. “To have a major trainer such as Gary Contessa want to be our president and champion our efforts is a thrill and an honor,” Mizrahi said. “I believe this will signal to fans that racing does not turn a ‘blind eye’ to the horses once they are done, and I hope it will inspire others to realize that the Exceller Fund wants to work with racing to provide a “future beyond the finish line” for these magnificent Thoroughbreds.”

The Paulick Report will spotlight a different charity each day of Thanksgiving week, when we traditionally take time to reflect and give thanks to the blessings we have and to help those less fortunate. This is a difficult time for many Americans, and charitable organizations are feeling the effects of the global economic crisis. We hope you’ll spend a few minutes to learn about some of the charities that make us a better industry, and consider giving to these or to others that we won’t have the opportunity to publicize. Remember that no gift is too small.

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Earlier this year when 46 Thoroughbreds from a California breeder’s farm wound up by deception at a feedlot in Arizona, their eventual destination likely to be a Mexican slaughterhouse, Priscilla Clark of Tranquility Farm in Tehachapi, Calif., stepped in. Working with a nationwide network of friends and supporters who helped raise awareness of the horses’ plight and, more importantly, the funds to buy them, Clark saved the Thoroughbreds from likely slaughter and within weeks found adoptive homes for nearly all of them.

Without Tranquility Farm, those horses would almost certainly have gone through a terrible ordeal ending with an undignified death, and in so doing tainting the Thoroughbred industry as one that discards its equine participants with little regard for their welfare.

Since 1998, the mission of Tranquility Farm, a 501(c)3 organization, has been to take in Thoroughbreds retired from racing or breeding and to either find them new homes, after rehabilitation and retraining, or give them a comfortable retirement whenever possible. The operation is based at the Harry A. Biszantz Memorial Center, developed on an abandoned horse farm located 120 miles north of Los Angeles. The center was made possible through the generosity of Thoroughbred owner and breeder Gary Biszantz, the former golf club manufacturer and owner of Cobra Farm whose dream was to create a horse sanctuary in honor of his late father. After Biszantz purchased the property, donations came in from a variety of sources throughout the industry to help build new barns, fencing and training facilities.

The current horse population at Tranquility numbers about 100 and includes millionaires, stakes performers and many fan favorites. Click here to see its roster of retirees. Because it cannot accommodate every retired racehorse, the farm prioritizes its adoptees by their racing or breeding accomplishments. Owners are requested but not required to contribute sponsorship funds to defray costs, which exceed $250,000 on an annual basis.

Clark, who has bred and raced Thoroughbreds for many years, serves as Tranquility Farm’s president. She is supported by a board of directors of knowledgeable and influential California racing industry participants.

Click here to find the different ways you can support Tranquility Farm, though one of its most popular fund-raising efforts is its annual calendar. The 2009 calendar, “In the Presence of Champions,” includes such stars as Big Brown, Zenyatta, War Chant, Nashoba’s Key, Lethal Heat, Street Boss, Golden Doc A and Colonel John. Click here to order a copy.

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I always subscribed to the theory that you can’t tell a book by its cover. For that reason, I was always impressed but never really that surprised when one of the grumpiest people I’ve ever had the pleasure to work with also turned out to be one of the most charitably minded.

Today, on this day of giving thanks, instead of focusing on an equine charity, the Paulick Report is writing about someone in the equine industry who has been a tireless champion for a charity that anyone who’s ever heard ringing bells outside of a grocery store is familiar with: the Salvation Army. 

I first met Ron Mitchell when we were colleagues at the Thoroughbred Times in 1988. Ron was all business, someone who learned the ins and outs of the horse world working at a bloodstock agency before entering the journalism profession. Like many journalists working at trade publications, Ron always seemed to know more about a story than he could write. Maybe that’s why he always seemed so grumpy!

I left the Times in 1991 to work for the startup daily paper, The Racing Times, and Ron shifted his notebook to the Bloodhorse magazine shortly thereafter. We were reunited in 1992 when I was named chief editor of the latter publication.

During my 15 years there, Ron had his responsibilities shifted at various times. He always accepted each new challenge with the same stern face and gruff attitude, then dove into his position with great dedication and a sense of pride and ownership for what he was doing.

It’s that same sense of pride, combined with a belief in social responsibility toward his community, that has driven Ron (pictured, Vickie Mitchell photo) to stand outside a Lexington, Ky., grocery store hours at a time several days a week during the holiday season over the last 15 years, ringing a bell and encouraging people to donate to the Salvation Army kettle. He says he does it because it’s always been a great source of news tips from people in the Thoroughbred industry who shop at the Kroger grocery store in his Chevy Chase neighborhood. But I’ve never believed that.

Just as his career in journalism has been transformed from manual typewriters to laptops and a black and white newsweekly tabloid to a 24/7 Internet site, Ron’s methodology for raising money for the Salvation Army has gone digital.

Be assured that your generous donations will be put to good use. As Ron said of the Salvation Army: “I did extensive research on charities and concluded that the SA does the most with the least. They do not fritter away their money on high-paid executives and they have a program that emphasizes assisting their clients with personal self-improvement and trying to get them back on their feet. The SA is not a ‘handout’ organization. Although they are not considered an ‘equine charity,’ many current and former workers within the Bluegrass horse industry utilize the many services offered by the SA."

If you can’t make it to Ron’s Kroger in Lexington, consider a donation to your local Salvation Army bell ringer. Better yet, go online to Ron Mitchell’s personal Salvation Army fundraising page and click on Ron’s "Donate to My Kettle" button to make a donation there.

You might even coax a rare smile out of him!

The Paulick Report will spotlight a different charity each day of Thanksgiving week, when we traditionally take time to reflect and give thanks to the blessings we have and to help those less fortunate. This is a difficult time for many Americans, and charitable organizations are feeling the effects of the global economic crisis. We hope you’ll spend a few minutes to learn about some of the charities that make us a better industry, and consider giving to these or to others that we won’t have the opportunity to publicize. Remember that no gift is too small.

Copyright © 2008, The Paulick Report

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Halsey Minor thought he would be meeting with MI Developments (MID) chief executive officer Dennis Mills in Baltimore, Md., on Wednesday morning to discuss Minor’s proposed buyout of the company’s $100-million loan to Magna Entertainment (MECA), the financially beleaguered racetrack company that operates Santa Anita Park and Golden Gate Fields in California, Gulfstream Park in Florida, and Pimlico and Laurel Park in Maryland, among other facilities.

When Mills failed to show, Minor called him, only to discover that Mills was still at Magna’s corporate headquarters in Canada putting out a press release outlining new loans from MI Developments to Magna Entertainment, further extensions of existing loans, and a proposed reorganization that could put the racetrack company more firmly under the control of Frank Stronach. The proposed reorganization, subject to MI Developments shareholder approval, is “an egregious attempt to hijack shareholder value and will never pass,” Minor told the Paulick Report.

Minor, a technology entrepreneur who created CNET.com among other Internet companies, is a horse owner and breeder who has also expressed interest in buying and restoring the dormant Hialeah Park in South Florida.

“He stood me up to put out this press release?” Minor said of Mills. “It might have been good to have met with me before the press release, because we have a better offer, by far, that will be far more acceptable to MID shareholders.  It was a good faith attempt on my part to sit down with him and see if there was something we could do. Instead they put out this preposterous press release and he stands me up the day before Thanksgiving after I traveled all the way here to meet with him.

“I could have told Mills that what he put out, even though the stock is up a few pennies, has no chance of passing. There is a contingency (among MID shareholders) that is of the mind that says, ‘We’ll do anything to get rid of Frank,’ but this proposal doesn’t really fully get rid of him."

At least two institutional shareholders in MID, Farallon Capital Management and Greenlight Capital, have suggested possible legal action for breach of fiduciary responsibilty by MID’s board of directors over the MECA loans, one of them calling MECA a "financial sinkhole." A previous proposal to hand MECA over to Frank Stronach was voted down by MID shareholders earlier this year.

The proposal calls for a new loan from MID to MECA of $50 million to fund current operations and $75 million to pay for a possible slots license and temporary facility in Maryland, along with extensions of an existing bridge loan and of repayment deadline for another $100-million loan.

Minor insists that even if the proposal somehow gets shareholder approval, MECA will fail. “Frank doesn’t buy the stock until after the $295 million in convertible bonds are paid off,” he said. “If they are not paid, the company goes bankrupt. The slots deal in Maryland is terrible, and most of the big guys have said they are not even going to try to get the license. It’s only 33% (of revenue), versus close to 50% in Pennsylvania and Delaware. He has to spend $250 million to build his slots parlor, then give 60% of his profits to (Joe) DeFrancis (who sold his family’s interests in the Maryland tracks to Magna with a contingency for a share of any future slots revenue). So his own deal, which sucks all this money away from MID shareholders, would itself have a life of a year or two before it went under. This is Stronach’s way of saying, ‘I have this company (MID) hostage. If you want me to go away, you have to pay up.’

“The shareholders fully intend to have their day with Frank.”

Magna Entertainment (MECA) closed at $2.01 on Wednesday, up $.60, a gain of 42.8% on the day. MI Developments (MIM) gained $1.62 to close at $10.05, up 19.2%.

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