Archive for November, 2009

SUMMER BIRD TO UNDERGO SURGERY AFTER RETURN TO U.S.

Sunday, November 29th, 2009
By Ray Paulick
Trainer Tim Ice said he hopes to ship Summer Bird back to the United States Wednesday on a flight that would also include Marsh Side, one of the American starters in Sunday’s Japan Cup. Summer Bird came out of a Sunday morning workout at Hanshin racecourse in Osaka, Japan, with a vertical, non-comminuted fracture of a bone in his right front leg that will require surgery. A decision has not been made whether to retire the three-time Grade 1-winning son of Birdstone or put him back in training in 2010.

“One of the surgeons we’ve consulted with (in the United States) has already seen the X rays and says the prognosis is excellent,” Ice told the Paulick Report Monday morning (Japanese time). “It will take one screw to put it together and should be no problem.”

Ice explained how some confusion over the type of injury Summer Bird suffered may have occurred in the racing press. The Paulick Report, which first reported on the injury, referred to it as a medial fracture of the carpal bone after speaking with the trainer Sunday afternoon. Other news outlets, which contacted Dr. K.K. Jayaraman, who bred and owns Summer Bird with his wife, Vilasini, called it a bone chip, based on early information provided to the Jayaramans. The Jayaramans had arrived in Tokyo shortly before the injury occurred and had not yet had the opportunity to travel to Osaka and see the horse or look at the X rays. Ice confirmed Monday that the injury is a fracture to the medial, or inside, front portion of the right ankle. The Jayaramans were to arrive in Osaka later Monday.

“The first impression I got was that there was a chip,” said Ice, who relayed that information to the Jayaramans. “Once I was able to see the X rays myself, I could see that it was a fracture, not a chip. I don’t think the communications was real clear between the (Japanese) interpreter and myself.”

Summer Bird is resting comfortably and in no distress, said Ice, who said a cast was applied to the leg as a precaution.

“I’ve been out with him all morning, and checked on him last night,” Ice said. “He’s able to lay down and takes care of himself. He’s always been an intelligent horse and I think knows to take weight off it. He knows something happened. He’s a horse with a very good attitude. We have a cast on him right now, but he probably doesn’t need it. We’re just giving him extra protection.”

The 35-year-old Ohio native took a minute to reflect back on a year that included wins by Summer Bird in the Belmont Stakes, Travers and Jockey Club Gold Cup, victories that make the colt the favorite to win an Eclipse Award as 3-year-old male champion. “These horses are hard to come by and what he’s done for me this year and for my career is something that I can’t really put into words. But you’ve got to take the good with the bad and this is part of the business we are in.

“I’m thankful for the year I’ve had with him. If he doesn’t come back to run again he doesn’t owe me anything.”

Ice said Summer Bird was doing very well in his training in preparation for the the Japan Cup Dirt, which is to be on a very sandy racetrack whose surface he compared with Belmont Park. One challenge would have been the clockwise-style of racing done at Hanshin, in contrast to American racing, which is all counter-clockwise. “He had adjusted to the turns,” Ice said, “and handled both turns well in Sunday’s breeze.”

Summer Bird worked five furlongs in 1:02 4/5 Sunday morning and pulled up without incident. It was only after being unsaddled back at his stable that Summer Bird began showing signs of the injury that will require surgery back in the United States. Ice could not confirm who would be performing the surgery or where it would take place.

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VODKA PREVAILS IN JAPAN CUP…BARELY

Sunday, November 29th, 2009

By Ray Paulick
The year of the super filly continued at the Tokyo race course in Japan on Sunday as the 5-year-old Vodka, who beat colts in the 2007 Japanese Derby, scored a nose victory over the fast-closing Oken Bruce Lee in the $5.6-million Japan Cup. Another filly, the 3-year-old Red Desire, finished third, completing a Japanese 1-2-3 sweep. Vodka was the betting favorite in the 18-horse field that included two-time Breeders’ Cup Turf winner Conduit, who finished fourth.

(Click here for the Japanese chart and race information, which includes a link to the video of the Japan Cup.)

Already the richest filly or mare in Japanese racing history with career earnings over one billion yen, Vodka captured the mile and one-half Japan Cup in her third attempt, bettering her fourth-place finish in 2007 and a third-place effort in 2008. She covered the distance in 2:22.40, the third-fastest time in the 29 runnings of the Japan Cup. The victory was the 15th for a Japanese-trained horse, tipping the sales in the home team’s favor for the first time. Fourteen renewals have been won by international horses. Japanese horses have won the last four runnings and 10 of the last 12.

The win was the 10th in 25 starts for Vodka, a 5-year-old daughter of Tanino Gimlet out of Tanino Sister, by Rousillon. She was the 2008 Horse of the Year in Japan and stands a good chance to repeat this year. The Japan Cup win comes less than a month after unbeaten Zenyatta’s come-from- behind victory over males in the Breeders’ Cup Classic, which vaulted her into a contentious battle with the 3-year-old filly Rachel Alexandra for American Horse of the Year honors. It has been quite for fillies all around the globe.

Unfortunately, Vodka came out of the Japan Cup bleeding in the nostrils and will be unable to race for at least  30 days, according to Japan Racing Association regulations. That will preclude her from racing in the season-ending Arima Kinen, which could determine Horse of the Year. Her connections did not say whether or not she would be retired.

Christophe Lemaire rode Vodka for trainer Katsuhiko Sumii (pictured, left), replacing Yutaka Take, who had been the filly’s regular rider. In a rare display of displeasure with the Japanese racing legend,Take faced public criticism for his most recent rides aboard Vodka. Sumii said the decision to replace Take was his. Owner Yuzo Tanimizu said the stable wanted a jockey that had "no previous knowledge of her wanting to go early" in her races. She had been somewhat rank and eager under Take, but relaxed beautifully into fourth position in the early stages of the Japan Cup for Lemaire.

Take was aboard Reach the Crown, who set the fractions in this year’s Cup but faded in the stretch and wound up ninth. 

Oken Bruce Lee, fifth in last year’s Japan Cup, was flying on the outside at the finish, and it took several minutes for placing judges to post Vodka’s No. 5 as the winner. The margin was said to be only two centimeters.

"Oken Bruce Lee finished so fast and was in front after the winning post, so I had some doubts whether I’d won," Lemaire said. "I could hear the crowd shouting, and even when something is happening behind you, you feel when someone is coming."

Lemaire (pictured, right) said he was surprised when he got the call to replace Take. "The most important thing they wanted me to do was get her to relax," he said. "French jockeys may be used to riding keen horses due to the style of our racing. Maybe that’s why they wanted me.

"The filly was very quiet and calm. The pace of the race was good enough. She wanted to go in the last corner, but I tried to keep her energy for the last 200 meters." The tactic played out perfectly as Vodka had just enough left to get the nod.

Conduit’s jockey, Ryan Moore, said he did not get off to as good a start as he’d liked, but appeared to get a good trip thereafter, but may have had too much ground to make up from his bad early start. "There was not much time between his last race and today, so maybe he got a little tired," Moore said.

A trio of American horses was led by Just as Well, who finished seventh. Interpatation wound up in a dead-heat for 14th and Marsh Side 17th. No American-trained horse has won the Japan Cup since Golden Pheasant in  1991.

A crowd of 98,811 was on hand, a decline of 8.4% from 2008 and the first sub-100,000 attendance for a Japan Cup since the Tokyo track’s grandstand had been rebuilt. Total handle on the day was 27.5 billion yen (about $320 million) and 19.2 billion yen (about $222 million) was wagered on the Japan Cup itself. The betting totals reflect declines of 12.1% and 13.5%, respectively, from 2008.

SUMMER BIRD INJURED IN JAPAN

Saturday, November 28th, 2009

By Ray Paulick
Multiple Grade 1 winner Summer Bird suffered a fracture to his right front leg while training at Hanshin race course Sunday morning in preparation for next Sunday’s Japan Cup Dirt. The injury is not life threatening but could end the racing career of the 3-year-old Birdstone colt, who captured the Grade 1 trio of the Belmont, Travers and Jockey Club Gold Cup and is the favorite to win an Eclipse Award as champion 3-year-old male.

Summer Bird is owned and bred by Drs. K.K. and Vilasini Jayaraman.

Trainer Tim Ice, who has been at Hanshin in Osaka to oversee Summer Bird’s training, said the colt worked five furlongs in 1:02 1/5 without incident and walked back to the barn without any apparent lameness.

“It was a very good breeze, exactly what we wanted,” Ice told the Paulick Report Sunday afternoon. “He finished up strong. Once we got him off the track and unsaddled him he showed a slight limp and the further he went the more he started limping. We immediately put him in his stall, put him on ice, and took X rays an hour later.”

Ice described the fracture as going “straight up” the medial carpal bone (click here for a diagram) and speculated the fracture might require surgery and the implant of a screw into the bone.

“It’s definite that he will not run in the Japan Cup Dirt,” Ice said. “Once we get him back to the States and get him to the veterinarian of our choice we’ll further evaluate whether he’ll have a 4-year-old campaign or not. We’re taking every precaution we can to get a safe and comfortable trip home for him.

“Dr. J. will decide whether we’ll need the surgery,” he said. “The plans were to bring him back as a 4-year-old as long as he was sound. We just need to sit down and figure out what to do. The one thing we don’t want to do is put him through everything and waste a year of racing if he’s not 100%.”

Ice said it hasn’t been determined how soon Summer Bird will travel back to the U.S. and where he will go for evaluation, though he mentioned Kentucky and Colorado (where renowned orthopedic surgeon Wayne McIlwraith is based) as the most likely possibilities. Ice said Summer Bird will need to spend a couple of days in quarantine at Hollywood Park.

“Everything was going good, and I was looking forward to the race,” the trainer said. “I check his legs every morning and this morning before his breeze he was ice cold. There was nothing to indicate something was wrong. He did stumble slightly for one step when he turned around to begin his gallop, but there was no indication at all in the work.”

Summer Bird would have been the first winner of an American Triple Crown race to contest the Japan Cup Dirt.

“I’m feeling very, very disappointed,” said Ice, “not because we didn’t make this race but because this had to happen to this horse. He’s been a very good horse all summer long and into the fall and for something like this to happen is devastating.

“It’s been a whirlwind experience. This is the letdown of the sport. I have to accept this just as I accept the good. The one thing I’m thankful for is he does have a future. I’ll always remember this horse. Once he gets into the breeding shed I hope he’ll reproduce what he showed as a racehorse.”

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JAPAN DIARY, DAY TWO: STOUTE ‘PUNKS’ DEMURO

Saturday, November 28th, 2009

By Ray Paulick
TOKYO, Japan–Mirco Demuro had just been punk’d by, of all people, Sir Michael Stoute, and he looked like a deer caught in the headlights.

An Australian journalist wanted to introduce Demuro to the legendary British trainer during the cocktail hour of Friday night’s Welcome Party to the 29th annual Japan Cup. Demuro, Italy’s top jockey and last year’s Japan Cup winner aboard Screen Hero for Teruya Yoshida, said he’d never had the opportunity to meet Stoute, who will be saddling two-time Breeders’ Cup Turf winner Conduit in Sunday’s big event at Tokyo race course.

“Actually you rode for me once at Royal Ascot,” Stoute reminded Demuro (both pictured, left). “Finished second.” Then, with a perfectly timed pause, added, “Moved too soon.” No one enjoyed the good-natured ribbing better than Stoute himself, who let out a big belly laugh at his own joke. Demuro didn’t know what to say. But perhaps he’ll have the last laugh on Sunday as he tries to defend his Japan Cup title aboard Screen Hero.

Stoute is relaxed and confident as he bids for his third Japan Cup victory, having won back-to-back runnings with Singspiel and Pilsudski in 1996 and ’97.  The native of Barbados, who has been among the world’s foremost horsemen for more than three decades, has won major races in 10 countries, including five Breeders’ Cups.

I asked which of his international triumphs meant the most to him. “The Dubai World Cup,” Stoute said, without hesitation. “And for that I give a great deal of credit to Jerry Bailey.”

Stoute recalled how the Hall of Fame jockey worked Singspiel before the scheduled running of the 1997 World Cup but returned to the United States when the race was postponed after a deluge flooded the Nad al Sheba racetrack. “He came all the way back a few days later when the race was rescheduled,” Stoute said. “I think that breeze really gave him confidence in the horse.”

Another international visitor to Tokyo commented that Stoute has perfected the art of shipping horses around the world to win big races. “No, no, no,” he said. “No one’s perfected this. But you learn from the mistakes you make and from the things that go right. And no two horses react the same way to travel.”

Among other things, Stoute sends his own horse feed to Japan, well in advance of his horse, allowing the Japan Racing Association plenty of time to test its contents for any prohibited substances. Many other trainers are content to use the feed provided by the JRA. It’s a small detail perhaps, but it’s the kind of thing that adds up and pays off in the end.

I MADE THE MISTAKE OF ASKING PATRICK LAWLEY-WAKELIN whether he’d been to the Japan Cup previously. “Last year,” he said, sadly, “but this is as far as we got.” Lawley-Wakelin, who is representing 2008 Canadian International winner Marsh Side on behalf of owner Robert Evans, was referring to last year’s Welcome Party, which he attended with trainer Neil Drysdale (pictured, left, with Northern Farm’s Katsumi Yoshida). The next day, Marsh Side was scratched from the Japan Cup due to a fever, and Drysdale and Lawley-Wakelin departed immediately for the Tattersalls December sale. Let’s hope they get a chance to stick around and see Marsh Side compete this year.

Drysdale was stunned to hear no American-trained horse had won the Japan Cup since Golden Pheasant captured the 1991 renewal for trainer Charlie Whittingham and jockey Gary Stevens.

“I should have won it in 2002,” said Drysdale, recalling the running held at Nakayama racecourse while the Tokyo track’s grandstand was being rebuilt. Italian-based Falbrav and jockey Frankie Dettori edged the Drysdale-trained Sarafan and survived an inquiry after Falbrav drifted in and brushed Sarafan several times in deep stretch. “He really slammed us,” Drysdale recalled, “but the stewards let the result stand. There was no point in an appeal, since the same officials who looked at the original inquiry would hear the case.”

THE WELCOME PARTY TOOK PLACE at the glitzy Ritz Carlton Hotel in the new midtown development adjacent to Roppongi. The JRA upgraded its host hotel this year to provide owners, trainers and jockeys a better experience during their visit to Tokyo (the international press remains at the Keio Plaza, a fine business hotel but not in the same class as the Ritz). It’s a smart move by the JRA, which has to compete with the Hong Kong Jockey Club for top horses and has lagged a step or two behind the HKJC as a host association and in providing a world-class experience for owners. Connections of Japan Cup Dirt horses will be staying at the Ritz Carlton in Osaka, near Hanshin race course, prior to next Sunday’s race.

The entertainment at this year’s party was quite different than anything I’ve seen in my previous 15 journeys to Tokyo for the Japan Cup. A group of Yabusame (yah-bu-sahmee) archers gave a demonstration of their martial arts skills, which entail riding on horseback at full speed and shooting a bow and arrow and several small targets. It’s a Japanese tradition going back nearly a thousand years to the days of Samurai warriors when the targets were more than wooden squares, and the skill was required to help protect the empire.

Of course, the originators of Yabusame never envisioned riding their horse into the Ritz Carlton ballroom, so some accommodations had to be made. The “horses” were decorated wooden mounts spun in a circle by an assistant, and the targets were only a few steps away on stage. But I think we got the point: don’t mess around with these fellows.

IT’S BECOME SOMETHING OF A PAULICK REPORT TRADITION to comment on the food we enjoy at various industry gatherings, and the Japan Cup Welcome Party certainly offered a veritable feast, beginning with something called amuse bouche, contuing with a second course of ravioli style shogoin turnip, marinated seafood, crispy pasta, shiso and citrus fruit vinaigrette; followed by pan-friend sea bream, leak, taraba crab, clam sauce, braised savoy cabbage and green vegetable; and then a main course of pot-au-feu style beef fillet, chicken leg, autumn vegetables, truffle flavor white wasabi and seaweed salt. My favorite, though, was the “seasonal dessert sampler” of chestnut, sweet potato, Mont blanc, autumn fruits, apricot sorbet, wasonbon, and green tea sauce. I couldn’t really identify any of it, but it was all good!

GOOD NEWS FRIDAY sponsored by Liberation Farm: A BELATED ‘THANKS’GIVING

Friday, November 27th, 2009

By Ray Paulick
Eighteen months ago I was looking for an outlet. Not one of the electrical variety, but a place where I could plug in and distribute whatever knowledge, insights and analysis I had accumulated over more than a quarter-century covering the Thoroughbred industry at Daily Racing Form, Thoroughbred Times, the short-lived Racing Times and Blood-Horse Publications. The phone wasn’t ringing off the hook and the inbox was far from overflowing, but I felt I had more to learn in this industry, and perhaps more to give.

The idea for a website was certainly not a revolutionary one. Existing publications all had brand extensions on the Internet and dozens of individuals, including some out-of-work journalists like me, had blogs, some of them very good. There were a couple of places you could go to find daily links to published articles about information around the racing world.

But I felt something was missing, and so the Paulick Report was created. It was my hope that individuals from throughout the Thoroughbred racing and breeding community would gather here each day, get the latest and most relevant news and analysis from a unique and independent perspective, and share their thoughts with others. I figured it was a longshot at best to survive, but I’ve never been afraid of a challenge. The last 18 months, have been incredibly challenging and busy—in a good sort of way—and that challenge has yielded emotions ranging from fear to exhilaration.

But as I sit on this Thanksgiving holiday in a Tokyo hotel room, thousands of miles away from home and family, and reflect back, the overwhelming feeling is one of gratitude. And I guess that’s what the spirit of Thanksgiving is all about. The launch of the Paulick Report in June 2008 was more than the creation of a website, but a generous act of faith from family, friends, associates and people I’ve never met, willing to give a second or third chance to someone who had no real right to ask for one.

Those who encouraged me to continue speaking out on this industry and its variety of challenging issues did more for me than you’ll ever know. Donors to the early “pledge drives” and businesses within the advertising community provided the funding to give this upstart online publication a legitimate chance to stand on its own legs, and allow me to retain a one-person staff in the indefatigable and creative Brad Cummings.

But perhaps the biggest thanks go to some of those individuals and industry organizations we’ve targeted for criticism. The easiest thing for them to do would have been to dismiss the commentaries as unfair, unwarranted or misguided—and I’ll be the first to say that not every shot was perfectly fired. However, many recipients accepted the observations and suggestions in the spirit for which they were written, performed self evaluations and in some cases took what I believe are positive steps.

You may not always agree with what you find here at the Paulick Report. I’d worry about you if you did. But I hope you will agree that the content and the dialogue created here is healthy for an industry that has, for far too long, not been amenable to public debate or new ideas.

Thanks for caring about this industry, for reading what has been said here over the past 18 months, and for sharing your thoughts on the issues that matter.

Copyright
©
2009, The Paulick Report

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Liberation Farm celebrates the many horsemen and horsewomen who strive each day to make things better for horses and those who work with them.  To learn more about Liberation Farm, click here.

CULLEN RESPONDS TO ACCUSATIONS OF WRONGDOING

Friday, November 27th, 2009

By Ray Paulick
I took no glee in writing about bloodstock agent Jim Cullen’s legal and financial problems earlier this week. The trail of lawsuits, unpaid financial obligations and charges of alleged wrongdoing from some of his former clients and associates do not paint a pretty picture to outsiders interested in investing in the Thoroughbred industry.

For his part, Cullen has responded to my article at the website he maintains for his company, Cullen Bloodstock. Click here to read his response. Feel free to comment below on whether you feel he was wronged by the Paulick Report expose, or in subsequent, similar articles at bloodhorse.com and drf.com.

We have a shortage of Thoroughbred owners, and in some ways the industry has itself to blame. Organizations have failed to adequately look out for and protect the best interests of many newcomers to racing who, quite frankly, have been fleeced and unfortunately participate in what has historically been a three-step program: 1) get in; 2) get screwed; 3) get out.

There has been some progress. The Thoroughbred Owners and Breeders Association’s Sales Integrity Task Force has been formed, and it took some very modest steps to protect horse owners from unscrupulous agents, including a long-overdue Code of Conduct for participants. It’s better than what was in place before—nothing.

But let’s be honest. Much, much more can and should be done to inspire confidence in people who enter the Thoroughbred industry with the expectation of getting a fair shake. The decision by Keeneland to sanction Cullen—banning him from auction participation until 2011 at the earliest—was the first time the Sales Integrity Task Force’s Code of Conduct has been openly cited for enforcement since its adoption in 2007. I would suggest its enforcement has been less than aggressively pursued by some auction companies.

There has been no small amount of throat-clearing and back-patting about how well “the system worked” in bringing about the Code of Conduct-cited sanctions against Cullen. In this instance, the “system” did very little. If not for the tireless efforts of the individuals who felt they were wronged by Cullen, I doubt any action would have been taken.

By the way, the charges are just that—allegations—and Cullen deserves his day in court to respond to any of the lawsuits or accusations against him. For his part, he calls the conduct of his former clients “harassment” and said they have made “slanderous” and “defamatory” statements about him. Cullen said he has filed “charges” against them with the Lexington (Ky.) police for “harassing communications.” The Paulick Report checked with both the Lexington Police Department and Fayette County court system to see if such charges were filed, but was unable to confirm that any charges have indeed been filed as Cullen indicated.

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WEEKEND STAKES: WHERE TO WATCH brought to you by KBC Horse Supplies

Thursday, November 26th, 2009

The upcoming long holiday weekend provides an opportunity for three tracks–Hollywood Park, Aqueduct and Churchill Downs—to run a combined total of 16 graded stakes, many with entrants coming out of the Breeders’ Cup Championships held earlier this month at Santa Anita.

Churchill Downs has carded the 1 1/8-mile G2 Falls City as the 11th of 12 races on Thursday. Unbridled Belle hopes to go out a winner before she heads for the breeding shed. The 6-year-old mare has accumulated almost $1.9 million in earnings and will face off against another millionaire, Swift Temper, who has gotten the best of Unbridled Belle in their three previous meetings this year.

Friday’s feature race, the G2 Clark Handicap, has attracted a stellar field of competitors, including Macho Again, Bullsbay, Etched, Blame and Einstein, the highweight in the 1 1/8-mile dirt event. The 7-year-old will start from the far outside post (14) in what will be the 30th and final race of his career. With regular rider Julien Leparoux in Japan, Rajiv Maragh will take over in the irons. The G3 River City Handicap (race 9) at 1 1/8 miles on the turf, is on the undercard.

Churchill’s meet closes on Saturday with the running of twin G2 stakes, the Golden Rod for fillies, and the Kentucky Jockey Club for colts and geldings. Sassy Image, winner of the opening weekend’s Pocahontas Stakes, as well as the runner-up in that race, Decelerator, are expected to start. The upset winner of the Iroquois, Thiskyhasnolimit, is the 2-1 favorite in the field of nine in the Kentucky JC. Both races are 1 1/16 miles on the main track.

Aqueduct hosts the G3 Fall Highweight on Thursday, the G2 Top Flight Handicap on Friday, and a quartet of graded stakes on Saturday, highlighted by the G1 Hill ‘n’ Dale Cigar Mile. Pyro, winner of the Forego and Kodiak Kowboy, victor of the Vosburgh, are co-highweights at 120 lbs. They will be facing DeFrancis winner Vineyard Haven, Bribon and Driven By Success. With the coupling of Pyro and Vineyard Haven, there will be only four betting interests.

Also on the Aqueduct’s Saturday card is the running of the 1 1/8-mile G1 Gazelle for 3-year-old fillies. Stardom Bound will be in the spotlight here; she had a string of five consecutive G1 wins to her credit, before finishing third in the Ashland in April. This will be her first start on the dirt. The other two graded stakes will focus on juveniles–the G2 Demoiselle for fillies, and the G2 Remsen for males, both run at 1 1/8 miles on the dirt. The winners of these races may be pointing to a race on the first Saturday in May next year.

The G1 Citation kicks off the three-day Hollywood Park Turf Festival on Friday and features a field of ten older horses going 1 1/16 miles. Cowboy Cal, winner of the Oak Tree Mile, will attempt to redeem himself in the Citation after a 10th-place finish in the Breeders’ Cup Mile. Proudinsky and Fluke, also entered in the Citation, will both be saddled by Bobby Frankel’s long-time assistant Humberto Ascanio, who is now the trainer of record for the late Hall of Famer’s starters.

Saturday’s Hollywood stakes are the G1 Matriarch for fillies and mares going a mile on grass, supported by the G3 Generous, for two-year-olds, also at a mile. The Matriarch pits two outstanding mares against each other—Ventura and Diamondrella. Both were last seen at the Breeders’ Cup; Ventura was second in the Filly & Mare Sprint, while Diamondrella ran a disappointing 11th in the Turf Sprint. Following the Breeders’ Cup, Diamondrella changed barns and is now with jockey-turned-trainer Gary Stevens.

Hollywood’s Turf Festival concludes on Sunday with the running of the G1 Hollywood Derby and the G3 Miesque (a mile for 2-year-old fillies). In the 1 ¼-mile Hollywood Derby, we can expect to see Take the Points square off against Battle of Hastings. Another intriguing entry is Black Bear Island. Now with Julio Canani, the son of Sadler’s Wells was previously conditioned by Aiden O’Brien.

AMERICAN GRADED STAKES STANDINGS brought to you by Keeneland: EVERY DAY IS BLACK FRIDAY

Thursday, November 26th, 2009


By Ray Paulick

In honor of Black Friday, that “holiday” all men love to hate, we’re going to take a quick look at the year’s best bargains from among the ranks of 2009 American Graded Stakes winners. There are no American horse sales tomorrow, but perhaps this list of underpriced gems will inspire some of you to get up at 4 a.m. and drive to your local Wal-Mart in search of a flat-screen television for less $200.

First, some perspective. There have been 137 American Graded Stakes winners of 2009 sold at public auction as yearlings for an average price of $199,319 and a median of $105,000. That’s well above this year’s average price ($48,094) and median ($10,000) for yearlings sold, according to statistics from bloodhorse.com

Forty-five American Graded Stakes winners of 2009 sold as 2-year-olds. Their average price was $398,681 and their median was $170,000. Again, that’s well above the average ($48,797) and median ($20,000) for all 2-year-olds sold at public auction this year. (Pinhooked horses are counted in both categories.)

Of the 137 American Graded Stakes winners of 2009 that sold as yearlings, 43 of them sold for $50,000 or less—nearly one-third. That’s pretty good value!

Of the 45 American Graded Stakes winners of 2009 that sold as 2-year-olds, just 8 sold for $50,000 or less.

One of those bargains is Haynesfield, whose victory last weekend in the Grade 3 Discovery Handicap at Aqueduct was his first AGS win. Haynesfield was picked up for just $20,000 at the 2008 Keeneland April 2-year-olds in training sale. It was a good deal for his owners, but perhaps not for his seller; the Speightstown colt brought $100,000 at the previous year’s Keeneland September yearling sale.

The other top five 2-year-old sale bargains are G2 Distaff Handicap winner Secret Gypsy, $10,000; G1 Champagne winner Homeboykris, $11,000; G3 William Donald Schaefer Stakes winner No Advantage, $20,000; and G2 Razorback Stakes winner Let It Rock, $24,000. Like Haynesfield, Homeboykris sold for more as a yearling ($50,000) than he did as a 2-year-old, as did No Advantage ($35,000). There’s no telling why they brought less as juveniles than as yearlings, but I would bet dollars for donuts (and I love donuts) that veterinarians had something to do with it.

The blue-light special from the yearling sales among 2009 AGS winners is G3 Berkeley Handicap winner Autism Awareness, who sold for the bargain basement price of $1,000 at the CTBA’s Northern California sale. While it’s great value for the buyer, it’s a mixed blessing for the California commercial yearling market, or what there is left of it.

The other four steals were G3 Turnback the Alarm Stakes winner Unbridled Belle, $4,000; G3 Bowling Green Handicap winner Grand Couturier, $6,285; G2 Las Palmas Handicap winner Tuscan Evening, $8,823; and the $9,500 purchase Mine That Bird, winner of the G1 Kentucky Derby (though not for his original owners, who sold him privately for $400,000 late in his 2-year-old season.

There really are some deals out there, and when it comes to horses you don’t have to get up at 4 a.m. and fight the maddening crowds.



 

JAPAN DIARY DAY ONE: LATE STARTS AND WARM DONUTS

Thursday, November 26th, 2009
TOKYO, Japan– It’s not just the trains that run on time in Tokyo—the buses do, too

I arrived Wednesday evening at the Keio Plaza Hotel, the official press headquarters for the Japan Cup, after a 24-journey from Kentucky. Despite the lack of a good night’s sleep since Saturday, I still had that 3 a.m. jet-leg alarm go off in my head my first night here.

The itinerary for Thursday was to meet in the lobby for a 6 a.m. bus trip to Tokyo racecourse to observe the training of the five international horses in Sunday’s Japan Cup—two-time Breeders’ Cup Turf winner Conduit and Grand Prix de Chantilly winner Scintillo from Europe, and Joe Hirsch Turf Classic winner Interpatation, Northern Dancer Turf winner Just As Well and 2008 Canadian International winner Marsh Side from North America.

I walked into the lobby earlier than my customary five minutes late, asking the bell captain at precisely 6:01 a.m. if the Japan Racing Association bus had yet arrived. “It left a minute ago,” he said. I shouldn’t have hit the snooze button.

No worries. Shinjuku Station is just a five-minute walk from the hotel, and there’s a Starbucks on the way. But Tokyo, I discovered, is not an early-morning town. Starbucks wasn’t open yet, and for good reason. The streets are deserted at that hour of the day. This is, it turns out, a city that sleeps.

THE TRAINING WENT WELL ENOUGH, and the press conference that followed was predictable. Jonathan Sheppard may be the only trainer who spoke that would pass a lie-detector test. Each trainer (or assistant) of the five international horses was asked on a scale of 1-to-100 how his Japan Cup entry was doing. All said 100%, with the exception of Sheppard, who said “about 95%.”

A brief summary of the international horses:

Scintillo seems overmatched in here, but Richard Hannon is a trainer to be respected. The son of Fantastic Light is clearly a horse who likes a distance of ground, so he should be closing in the final stages of the Japan Cup. But a victory would shock me.

Conduit. Trainer Michael Stoute hadn’t arrived yet, but his assistant said the decision was made to run in the Japan Cup following a post-Breeders’ Cup evaluation of the son of Dalakhani’s condition. I have to think the travel from Europe and back for the Breeders’ Cup, followed by the trip to Japan, might take a toll. But he’s entering stud in Japan for 2010, and this is a chance for Conduit to go out in style in front of the breeders who will have the opportunity to support him at stud.

Interpatation. Trainer Bobby Barbara and owner Elliot Mavorah (pictured, right) seem to be having the time of their lives in Tokyo, and why not? It’s an all-expense paid trip for the horse and his connections, and it’s nice to see an owner and trainer who are clearly making the best of it. Mavorah profusely thanked the JRA for extending the invitation and said he hoped the horse’s performance justifies it. Despite Interpatation’s win over Gio Ponti on a deep, deep Belmont Park turf in the Joe Hirsch, he’ll be an enormous longshot on Sunday, and the ground will be firm. Someone asked Mavorah about the name, and he told a story about how he was an Orthodox Jew and was trying to build a synagogue and needed some type of legal interpretation. He wanted to name the horse “interpretation,” but that name was taken, so he purposely spelled it wrong and that name went through.

Just As Well. Wouldn’t a Japan Cup victory be an interesting tale for this 6-year-old son of A.P. Indy, who was off nearly two years while experiencing lameness that veterinarians never could fully explain. During that time, breeder George Strawbridge elected to get rid of Just As Well and Sheppard made a deal with his longtime friend and client to buy him. “It would be a shame for someone else to get him and be successful,” Sheppard said he told Strawbridge, adding that Strawbridge wins whenever Just As Well wins because he still owns the dam and some siblings. But a Japan Cup victory would still be a tough one to explain to the boss!

Marsh Side. He was the hard-luck horse of the 2008 Japan Cup when he was scratched from the race due a fever after arriving in Japan. Trainer Neil Drysdale thinks the 6-year-old by Gone West is best suited to large turf courses like Tokyo’s, along with the courses at Woodbine and Dubai. “He’s a big horse and doesn’t run as well on the American courses with their tighter turns,” he said. Marsh Side will stay in training in 2010, said Drysdale–who was accompanied to the podium by bloodstock agent Patrick Lawley-Wakelin—unless someone is interested in standing him at stud. “I believe he deserves a chance to be a stallion,” Drysdale said. Hint-hint!

NAOHIRO GODA IS MY GO-TO GUY on all matters pertaining to Japanese racing. He is a world traveler, savvy about racing and breeding just about anywhere, but a true expert on what’s going on in Japan. Goda said 2009 will be the 12th consecutive year that pari-mutuel betting on JRA racing will be down—despite numerous measures by the government entity to increase handle through an expanded menu, a rearranged schedule of Grade 1 races in the autumn, and even a reduced takeout promotion on some major races. In 2011, the JRA will be introducing a pick five wager (similar to pick threes, pick fours, and pick sixes in the U.S.).  Multi-race wagers have previously not been legal in Japan.

The big problem, Goda said, is that Japan’s trendy youth market is less and less interested in the sport of horse racing. They are more interested in computer games and other sports, especially soccer. Betting on soccer has been introduced in the last decade, and that’s hurt horse racing, too. One of the most popular bets on soccer is a computer assisted wager that eliminates any need to think or handicap.

Horse racing isn’t the only form of gambling that is suffering in Japan. Legal betting on motorboats and bicycle racing is down, too, and the Pachinko parlors (the closest thing Japan has to slot machines) are also off.

Despite the dire news about Japanese horse racing, it’s still a pretty popular sport, as evidenced by the throng of writers and photographers on hand for Thursday morning’s workouts and press conference. Tokyo’s daily sports newspapers are devoting several pages to the Japan Cup, despite the absence of a true Japanese superstar this year. It is still big business and Sunday’s Japan Cup will be sure to draw more than 100,000 people to Tokyo race course, and handle on the race will dwarf what is wagered on Kentucky Derby or Breeders’ Cup Day in the United States.

THE JAPANESE REALLY DO GET CAUGHT UP IN FADS. Just two years ago, when my wife Carol and daughter Meg traveled with me to the Japan Cup, we came across Tokyo’s first Krispy Kreme donut shop just to the south of the Shinjuku Station. We were amazed to see the DisneyWorld-like lines outside the story, complete with a sign telling the donut-hungry public how long the wait would be to get inside (it was 45 minutes when we walked by…and, no, we didn’t wait). This morning, when I returned from the track I noticed there wasn’t a single person standing outside the Krispy Kreme shop. I guess it’s yesterday’s news. But those warm donuts are still just as tasty!

Copyright © 2009, The Paulick Report

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CULLEN: SALES BAN ONLY THE BEGINNING

Tuesday, November 24th, 2009

By Ray Paulick
Know and Trust is a 2-year-old filly owned by some former clients of bloodstock agent Jim Cullen and trained by Cullen’s childhood friend and college roommate William Denzik Jr.

The filly’s name is something of an inside joke: “know and trust” is an expression Cullen often used when communicating with his clients. Today, many of those clients and a variety of others in the Thoroughbred industry feel they have been betrayed or misled by the man who operates Cullen Bloodstock, the Oakland Group advertising and marketing firm, and the now-defunct Four Board Stables. Cullen is currently licensed as a trainer by the Kentucky Horse Racing Commission. He trains a string of horses for his wife under the name Florence Racing Stable and recently claimed a horse on behalf of Margaux Farm’s Steve Johnson. He also sells horse insurance for Old Colony Insurance Company of Lexington.

“We named the filly as an homage to Cullen,” said John Trumbulovich of Chicago, who first got involved with the Kentucky native in 2006. “Obviously we didn’t know him and certainly shouldn’t have trusted him.”

Cullen was recently given a one-year banishment from participation at Keeneland Association auctions, based on violation of a Code of Conduct written by the Sales Integrity Task Force, an initiative of the Thoroughbred Owners and Breeders Association. Fasig-Tipton is also enforcing the one-year suspension, which runs through 2010, and other sales companies around the country are considering taking the same action. The sanctions came earlier in November, nine months after Trumbulovich, Kevin Geiger of Colorado and Vincent Colbert of Massachusetts contacted the Task Force with complaints about their former bloodstock adviser. “We could easily have turned our back on this, walked away and say we got screwed,” Colbert said. “We talked it over and decided we didn’t want this to happen to somebody else.”

But that is just the beginning of Cullen’s troubles. He has been sued by several parties, including horse owner Cam Horton, the stallion season firm Early Season Income, National City Bank, and Wells Fargo Bank. The Internal Revenue Service says Cullen owes $233,143.72 in taxes from 2003-05. He agreed in 2007 to pay Cam Horton $333,000 for not reimbursing Horton for a season to A.P. Indy after Horton’s mare aborted, and has not met that obligation. A Fayette County judge has ordered him to pay National City Bank $348,181.65. Wells Fargo is in the process of foreclosing on Cullen’s home.

Cullen has acknowledged under oath that he hasn’t paid stud fees to a number of farms with which he’s done business, that he may have misstated his ownership or equity in horses used as collateral for a line of credit, and that, at the time of the deposition in March 2009, he couldn’t even examine his own books because “I owe my accountant $1,800.”

Several other parties claim Cullen owes them money, but they’ve given up trying to collect. “I lost quite a bit of money but I just had to get away from him, said Banshee Farm’s Scott Mallory, who “inherited” Cullen as a business partner following the 2006 crash of the Comair flight in Lexington that killed his father, Dan Mallory. “You can’t squeeze blood out of a turnip, so I just decided to leave it alone. He’s always promised ‘I’ll get you paid one of these days,’ but it gets to the point that you want to get as far away from him as you can. That’s what most people have done”

Cullen calls the ban by Keeneland the result of “a banking situation…I understand that two of my clients did not receive my proceeds (from sales of horses),” he told the Paulick Report. “The difficulty is that at least one of the people who filed complaints against me (with the Sales Integrity Task Force) owes me money. This has nothing to do with unscrupulous behavior on my part.”

“Everyone’s always gotten what they paid for,” Cullen continued. “I have not held stud fees. I have had trouble with ESI (Early Season Income)—two separate situations that are not applicable to this decision by Keeneland. I have been working in good faith with ESI and everything, for all intents and purposes, is satisfied.”

A number of people would dispute that statement, including an official at Early Season Income. Cullen’s deposition in the National City lawsuit contradicts what he told the Paulick Report about holding stud fees and everyone he’s done business “always” getting what they paid for.

FROM JOURNALISM TO PINHOOKING

Cullen is a former journalist who worked for Thoroughbred Times as a news reporter, then served as editor of the Texas Thoroughbred magazine while contributing to the Blood-Horse as a free-lance correspondent. He also was employed for a short time by the Thoroughbred Owners and Breeders Association based in Lexington. As recently as August of this year, he was a guest speaker at a new owners’ seminar Blood-Horse Publications sponsored in conjunction with the Texas Thoroughbred Association prior to a Fasig-Tipton yearling sale.

He went to work for Terry Finley’s West Point Thoroughbreds in 2001, operating out of a Lexington office until parting ways in 2003. (Finley opted not to comment on Cullen to the Paulick Report, saying only that he strongly urged Cullen not use Finley as a reference in future job applications.) He also worked briefly selling stallion seasons for Adena Springs in 2006. That ended, according to Jack Brothers, a longtime bloodstock adviser to farm owner Frank Stronach, because of “misappropriated funds.” Cullen claims that Adena owes him money.

A $40,000 purchase of an El Prado yearling in 2003 that turned into a $360,000 pinhooking success the following year put Cullen on the map as a bloodstock agent, and he was able to establish a significant line of credit with National City Bank.

Cullen bought horses at public auction and formed syndicates to race or breed and charged administrative or management fees. Among the partners were Trumbulovich, Geiger and Colbert. Geiger first started asking questions of Cullen about some of the financial aspects of the partnership, among them: how were purse earnings or sales proceeds being distributed? When he didn’t get satisfactory answers Geiger started networking with some of the other partners, including Trumbulovich and Colbert. “It opened a floodgate,” Trumbulovich said.

“Nobody that dealt with him knew who owned what,” said Mallory.

‘I’M A GOOD HORSEMAN. I’M OBVIOUSLY NOT A GOOD BUSINESS PERSON’

A number of mares in the partnerships were bred, and the partners were billed for stud fees, which they subsequently paid for, according to Cullen’s sworn testimony in the March 2009 deposition involving the National City Bank lawsuit. Under questioning from attorney Emily Cowles of Morgan & Pottinger (representing National City) and Mike Meuser of Miller Griffin and Marks (representing Trumbulovic, Colbert and Geiger), Cullen admitted that on numerous occasions he did not use the money billed to clients for stud fees to pay those fees. Many of the fees were never paid to the farms.

Here is an excerpt regarding Cullen’s purchase of stallion seasons, the billing of clients and non-payment to farms:

 

MEUSER: Okay, and I can show you the other invoices. But on each occasion that you billed Mr. Colbert or Mr. Geiger or Mr. Trumbulovic for these stud feeds you labeled them specifically on your invoice that that’s what they were being billed for.

CULLEN: Correct. Yes, sir.

MEUSER: All right. And you had made the contractual arrangements with the farms to obtain those seasons?

CULLEN: Correct.

MEUSER: And you knew that when you received those monies from my clients you were obligated to to use them to satisfy those obligations?

CULLEN: See, I didn’t know that. I thought like I, like I’ve made clear, I thought that the whole protection of an LLC was designated to give you license to use that to the best benefit of the company as provided you satisfied what this obligation was for.

MEUSER: Well, you can certainly understand…

CULLEN: I can understand. Yes, sir.

MEUSER: … that a client who received this bill and paid it would have the expectation that their agent who they trusted would use those monies properly?

CULLEN: Yes, sir. Yes, sir. I, I agree to that. I mean.

MEUSER: That’s all I have.

CULLEN: Okay.

Meuser and Cowles coaxed out of Cullen admissions that sale proceeds from horses had not been distributed to partners, that stud fees to stallions had not been paid, and that farms often attached liens to the horses being sold, at times without the knowledge of the partners who had paid the stud fees to Cullen. He called the incidents inadvertent errors, and at one point said, “I’m a good horseman. I’m obviously not a good business perso.”

Cullen also admitted that he had not paid Fasig-Tipton for at least two horses he had purchased from the company, including a $100,000 yearling by Yankee Gentleman out of Silver Spool, later named Patsy Ann. Cullen said in his deposition that he has a signed agreement with Fasig-Tipton to pay for the horses because, as he told Fasig-Tipton executive Boyd Browning, “I don’t have it,” when asked for the money to pay for them. He had made no payments on the agreement as of March 2009. “There isn’t a hard schedule…basically it’s open-ended,” he told Cowles under questioning.

“Wow,” was all Cowles could say in response.

“Again,” said Cullen, “I think he’s (Browning)—given the economic climate and the fact he knows I’m a good pay I think he’s—well there’s been one payment made of $4,000….”

“So do you still owe Fasig-Tipton a hundred grand for Patsy Ann,” Cowles asked.

“I do,” said Cullen. “I, I owe them. Technically when we discussed it, and I hope, I don’t think Boyd would mind me sharing, he was willing to basically write it off. And I’m the one that said no. I bought it. I owe you. I will pay you. Just give me the time to pay it off. Anybody that I, I again, I haven’t declared bankruptcy. I’m not running. Any of the accounts I’ve made I’ve been—I will acknowledge and be responsible for. And Boyd knows me and knows that my word is good and I think that’s why he’s allowing me to pay this off.”

When I called Browning at Fasig-Tipton and asked if Cullen owes money to the company, he said, “I’m not going to answer that question. I’m uncomfortable answering that question. It wouldn’t be prudent. His banning (from participation in sales) is not related for any failure to pay money.”

I then told Browning that Cullen said in the deposition that Browning thought Cullen was “good pay.” If put under oath, I asked, would Browning agree with that statement?

There was a pause, followed by a long, slow chuckle. “If I was under oath I would have to answer that question, but I’m not under oath,” Browning said. “I would rather not have Mr. Cullen speak for me.”

Cullen’s relationship with homebuilder Cam Horton began in Dec. 2005 when Horton agreed to buy a season to A.P. Indy through Cullen Bloodstock for $318,000 to use to breed to his mare, Private Pursuit. Cullen would receive a $15,000 fee. The agreement called for the fee to be refunded if the mare did not get in foal or lost her pregnancy. On Oct. 12, 2006, after being pregnant to the cover of A.P. Indy, Private Pursuit aborted, but Horton didn’t get his money back from Cullen.  Cullen wrote a letter to Horton in February 2007, saying he was owed $105,000 from Adena Springs for his commissions in “selling $21 million in stud fees,” would sell some horses. In addition, he wrote, he was owed $42,000 in stallion fees and $34,000 was “owed to me by a multi-millionaire who just refuses to pay me even though he acknowledges the debt.”

Horton never got paid and took him to court. In July 2007, Cullen agreed to pay $333,000, with $25,000 payable at the time of the agreement, $75,000 due on or before Aug. 1, 2007, $100,000 due on or before Oct. 1, 2007 andd the balance due by Dec. 31, 2007. Horton’s attorney, Phillip Scott, said Cullen didn’t meet the obligation. “The agreement wasn’t worth the paper it was printed on,” Scott said.

‘YOU CAN GET AWAY WITH A LOT IN THIS BUSINESS’

Of all those who have dealt with Cullen in recent years, no one knows him better than trainer Denzik, who went to grade school, middle school and high school with Cullen, then roomed with him in college. He trained several horses for Cullen’s Four Board Stable partnership until their relationship went sour a couple of years ago.

“We were best friends,” Denzik told the Paulick Report, “but I haven’t talked to him for a year and a half. He wasn’t paying his bills. He was collecting the money from the people in the partnerships and kept it. I know most of the clients and they were a bunch of good people. He owes me over $20,000. We spent about $10,000 on an attorney, but once I got that bill I said this is ridiculous. We probably lost $30,000, but it may be the best $30,000 I ever lost, just to get him out of my life.”

Denzik, like many of the others who have been involved with Cullen, said he has an engaging personality and is a smooth talker.

“He did some acting when he was younger, and he can pull a different personality out when he needs too,” said Denzik. “When I look at him now and look back I can see he was well prepared to do what he’s been doing. People love him at first. He uses his acting ability, his writing ability and he’s personable…but it’s a bunch of b.s. He steals from people. The big questions we’ve all got is where the money went.

“There was always a little bit of a shady side to him,” Denzik said. “As we’ve gotten older it brought out the crook in him that probably has been in him a long time. He figured out you can get away with a lot in this business. I hope he gets put in jail."

Copyright © 2009, The Paulick Report

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