Posts Tagged ‘unbridled’s song’
Thursday, August 6th, 2009
By Ray Paulick
How good is Rachel Alexandra? There are several ways to marvel at her extraordinary ability. To the naked eye, she is an impressive combination of grace and power that is seldom seem, her long, smooth strides simply too much for her overmatched competitors to keep up with.
To followers of speed figures, she is a monster. Her Beyer Speed Figure from Sunday’s Haskell Invitational was 116, a huge number. I would think her Ragozin and Thorograph numbers will also reflect superiority over her contemporaries.
What she has done in racking up seven consecutive victories in 2009 by Aug. 2 is equally amazing. In some ways, this daughter of Medaglia d’Oro is a throwback to yesteryear, when horses weren’t treated with kid gloves. In compiling this formidable record, Rachel Alexandra has won six American Graded Stakes—twice as many as any other horse in the country so far this year—and four of the graded races were Grade 1 events (Kentucky Oaks, Preakness, Mother Goose, and Haskell Invitational). Two of them, as any racing fan knows, were outside of her division against colts.
Let’s put those numbers in perspective. There will be something like 50,000 races run this year in the U.S., about 2,600 of them stakes races, or about 5% of all races. Of the 2,600 stakes, only about 500 are graded (1%), and of those 500, there are just 115 Grade 1. So, one-fifth of 1% of all U.S. races have Grade 1 status.
Taken a bit farther, for those 50,000 races there are about 410,000 horses in the starting gate. No more than 115 of those 410,000 starters will be able to claim a Grade 1 victory, or about three horses from every 10,000 starters (three-hundredths of 1%).
What are the odds of one of those horses winning four Grade 1 races in the first eight months of the year? Astronomical!
So, Rachel Alexandra is not quite a one in a million superstar Thoroughbred, but she’s pretty darned close.
THESE NUMBERS AND PERCENTAGES merely serve to illustrate how difficult it is for a Thoroughbred to become a graded stakes winner. The chances of breeding, buying, selling or training one can be equally challenging.
Of course, there is strength in numbers to improve your chances of being associated with a graded stakes winner, whether you are a sire, owner, breeder, trainer, consignor or sales company. But big numbers do not guarantee success.
We’ll look this week at the leading sires of 2009 American Graded Stakes winners so far this year. Three stallions—A.P. Indy, Giant’s Causeway and Unbridled’s Song—each have sired five AGS winners. But Giant’s Causeway has by far had the most starters—265 at this writing—so his percentage of AGS winners to year starters is just 1.9%. A.P. Indy with 126 starters, has sired 4.0% AGS winners, and Unbridled’s Song with 162 starters, has sired 3.1% AGS winners. (Note: the number of starters is worldwide.)
A.P. Indy stood for $250,000 this year. A success rate of 4.0% AGS winners means 1 in 25 runners wins an AGS, so it has taken on average $6,250,000 in stud fees (25 X $250,000) to produce each graded stakes winner among his runners. (Not all foals get to the races, so the number to produce an AGS would be even higher considering all foals.)
Giant’s Causeway and Unbridled’s Song stood for $125,000 each, and their average stud fee price per graded stakes winner using that same formula is $6,579,000 for Giant’s Causeway and $4,032,000 for Unbridled’s Song.
It’s the next group of three sires, Mizzen Mast, Candy Ride and Tapit, with four AGS winners each, where the value is greater. Mizzen Mast has had 126 starters and has a AGS winner percentage of 3.2%; Candy Ride has had 80 starters for a 5.0% AGS strike rate; Tapit has had 84 starters for 4.8%.
Candy Ride, who was recently moved from Hill ‘n’ Dale to Lane’s End, offered the greatest value when considering his $12,500 stud fee. His average stud fee cost per AGS winner was only $250,000. Of course, there is little question that Candy Ride’s fee will be going up in 2010, though no announcement has yet been made.
Of the other two sires with four AGS winners, Mizzen Mast with a $17,500 fee produced each 2009 AGS winner at an average stud fee cost of $547,000; Tapit, with a fee of $35,000 produced each 2009 AGS winner at an average stud fee cost of $729,000—still a bargain compared with the higher-priced stallions.
Tags: A. P. Indy, American Graded Stakes Standings, candy ride, giant's causeway, haskell invitational, hill 'n' dale, Keeneland, Lane's End, medaglia d'oro, Mizzen Mast, Rachel Alexandra, tapit, unbridled's song Posted in American Graded Stakes Standings, Keeneland | 14 Comments »
Thursday, April 9th, 2009
By Ray Paulick
Ernie Paragallo may or may not have financial problems in his private life. But he very likely has a legal problem, stemming from the reported discovery on his upstate New York farm of horses that were not being fed or cared for properly or humanely. Police in New York on Wednesday took control of Center Brook Farm and its 170-plus equine occupants.
In one published report, Paragallo claims to be spending $5,000 per week on feed for the horses on his farm. That sounds like a lot of money to many of us, but Paragallo has played at the top end of the racing and breeding world. One of his racing stable’s former stars, Unbridled’s Song, winner of the $1-million Breeders’ Cup Juvenile in 1995, has been an extremely successful stallion, standing as the property of a syndicate at Taylor Made Farm in Kentucky.
Unbridled’s Song is the sire of two of this year’s leading Kentucky Derby contenders, Old Fashioned and Dunkirk.
According to sources, Paragallo owns as many as 20 of the 40 shares in Unbridled’s Song, whose 2009 live foal stud fee is $125,000 (down from $150,000 in 2008, and $200,000 in 2007). Each of those shares leads to roughly two live foals per year, meaning that if Paragallo owns 20 shares he will get $5 million or more in revenue in stud fees from Unbridled’s Song when this breeding season’s foals are born in 2010 (20 shares=40 foals, times $125,000 stud fee). Over a three-year period (factoring in the higher fees from 2007-08), Paragallo’s revenue from Unbridled’s Song could approach $20 million.
Yes, he certainly can afford to feed and provide proper veterinary care for his horses.
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Tags: breeders' cup juvenile, center brook farm, dunkirk, ernie paragallo, kentucky derby, Old Fashioned, paraneck, Paulick Report, Ray Paulick, taylor made farm, unbridled's song Posted in Horse Welfare, ernie paragallo | 21 Comments »
Wednesday, April 1st, 2009
This is the fourth in a series of articles written by Edwin Anthony examining the pedigrees of leading contenders for this year’s Kentucky Derby. Previously, he looked at Louisiana Derby winner Friesan Fire, Florida Derby winner Quality Road, and Pioneerof the Nile, who goes for his fourth straight win in this Saturday’s Santa Anita Derby.
This week, Anthony examines the bloodlines of Dunkirk, who ran second behind Quality Road in last Saturday’s Florida Derby in just his third career start. Anthony, who spent six years as the staff pedigree consultant for Three Chimneys Farm and has contributed to numerous publications, is the author of a newly published book, “The American Thoroughbred (Volume I).” Click here to learn more about the book. – Ray Paulick
By Edwin Anthony
DUNKIRK (Unbridled’s Song — Secret Status, by A.P. Indy)
America has always been preoccupied with “winners,” so much so that an Olympic silver-medalist might be considered lucky to be welcomed home with a parade, much less expect to see his or her smiling face appear on the cover of a Wheaties box. It’s certainly the same story in racing Thoroughbreds, where a horse that runs a credible or even a close second in an important race is basically relegated to “also-ran” status. Racing historians know better this time of year.
Despite their G1 status, races like the Florida Derby, Wood Memorial, Santa Anita Derby, Blue Grass, and other key races like the Arkansas Derby and Louisiana Derby are indeed PREP races for the Triple Crown. The history books are full of cases in which horses run a solid second in one of these races and either win the Derby or become the dominant horse in the Triple Crown altogether. You never know what tricks a canny and experienced trainer might have up their sleeves or how tightly wound their horses are for these races. One should never mistake the fact that their eyes are focused intently on the prizes that await in May and June, with training schedules and races planned months in advance to arrive in peak form the week of the Kentucky Derby.
Secretariat had a piece of straw infecting his cheek, causing him to run a dull race in the Wood Memorial. Of course, he went on win the 1973 Triple Crown, setting a track record in each race. Thunder Gulch and Swale had been the best horses in Florida in their respective years, but each ran a terrible race at Keeneland and were somewhat discounted, although both went on to win the Kentucky Derby and Belmont and be named champion 3-year-old colt. Other horses like Real Quiet (second, Santa Anita Derby), Funny Cide (second, Wood Memorial), Go for Gin (second, Wood Memorial), and Silver Charm (second, Santa Anita Derby), didn’t really need an excuse. These entrants had run very respectable prep races and perhaps didn’t have the right pace scenario or weren’t quite fit enough to get the job done on the day in question. But they did prove to be the best horses when experience mattered and the distance questions asked became a true test of stamina.
Each horse we discuss in this column certainly has its strengths and weaknesses. Any vulnerability is likely to be exposed in a big field, where horses are certain to get bumped, checked, or cut off. And if a horse is speedy enough to draw clear of the melee of runners traveling with the pack and run with the pacemakers, they are not likely to have a relaxing time “on the engine,” either. The ideal horse for the classics has some tactical ability and is not bothered by the roaring crowds or the excitement of running through a rain-shower of dirt clods. In fact, all that is really required, assuming they have the quality to get the job done, is for them to run their “A” race. Most horses simply can’t handle the competitive nature of the occasion or don’t get the distance. In the end, it’s the horses that are able to simply maintain a steady, forward momentum that win the day. In Europe, the best classic horses are called “stayers,” as they gallop at a continuous clip to the wire, outlasting their peers.
Most fans are used to seeing their favorite 3-year-olds display visually-impressive, explosive moves to win prep races and expect to see similar efforts in the Triple Crown races. That is a bit like comparing a 440-yard dash at a track meet to perhaps an 880-yard race. A half-mile race (880-yards) for humans is an exhausting event, as it is too short of a race to settle into a relaxing pace and too long for true sprinters to maintain their unrelenting pace. It is the same with horses, where equine athletes built to go six to nine furlongs simply can’t stretch their abilities effectively beyond that distance. Their muscle structure and physical limitations simply won’t allow them to.
On the other end of the spectrum, you have horses like DUNKIRK (click here for his pedigree), who are bred to excel at classic distances. Their form is supposed to improve as the distances get longer, as they don’t really lengthen their stride until the first mile of a race has already been run. Many fans have difficultly envisioning the running of a classic race unfolding, expecting to see a re-run of what happened in the prep races. The factors that they discount in the process are numerous: 1) Horses become more fit and can be expected to deliver improved efforts/peak performance in the races that their trainers have been pointing for; 2) The distances have increased substantially, changing the landscape and tactics of the challenge at hand; 3) The best horses from each region of the country and even other countries are meeting to decide who the best horses are — many horses are simply outclassed at this level; 4) Horses with no dirt track experience or that don’t show an affinity for the track in question (Churchill, Pimlico, Belmont) are at a distinct disadvantage, etc.
There is little doubt that Dunkirk should be able to get the 1 ¼ miles of the Kentucky Derby. I’ve never been a particularly big fan of his sire, Unbridled’s Song, as his progeny are brilliant but not particularly sound animals—and a horse needs to be sound to carry the weight and get the distance in the Triple Crown events. Despite public opinion (especially at the yearling sales), I don’t think that Unbridled’s Song has really proven to be a good source of classic runners. While he is a son of Unbridled (an undeniable classic influence), the best runners by Unbridled’s Song have prospered more in the mile to 1 1/8-mile (nine-furlong) range. Perhaps his better runners simply don’t hang around long enough to run in the classic races, but the proof is in the results, or lack of results.
Dunkirk did not race at 2, and that is a piece of history that he would have to make if he were to win the Derby. As things stand, he may not even have enough graded stakes earnings to make it into the starting gate, although I think that might be a shame, as he looks to have the class and stamina, if not the experience, to have an impact on the classics.
Dunkirk’s dam, Secret Status, won the Kentucky Oaks (G1) and Mother Goose (G1), both of which are considered filly classics. Since she also placed in both the Coaching Club American Oaks (G1, third) and Alabama (G1, second), there seems little doubt that she was the best “staying” filly of her crop in America. Secret Status is a daughter of A.P. Indy, who was not only able to stay the distance (Belmont/Breeders’ Cup Classic winner) but has been a consistent sire of classic-distance runners. Likewise, the dam of Secret Status was sired by the tremendous classic influence Alydar — sire of Kentucky Derby winners Alysheba and Strike the Gold, as well as Belmont winner Easy Goer. Alydar’s name is also found in the pedigrees of Preakness/Belmont winner Point Given, filly classic winners Lakeway (Mother Goose) and Ajina (Coaching Club American Oaks, Mother Goose), Travers (G1) winner Colonel John and Alabama (G1) winner November Snow.
The Mr. Prospector/Alydar combination found in the pedigree of Dunkirk is also seen in the lineage of Point Given (Horse of the Year), Anees (champion 2-year-old colt), Pine Island (Alabama), and at least 10 other G1 winners. I am also a big advocate of combining the similarly-bred stallions Unbridled and Quiet American with Seattle Slew and his son A.P. Indy in pedigrees. Examples of this combination include Bernardini (Preakness, champion 3-year-old colt), Midshipman (champion 2-year-old colt), Country Star (G1), First Defence (G1), Sky Diva (G1), and Tapit (G1, sire of G1 winners).
With two impressive wins at Gulfstream and a very solid second in the Florida Derby (G1) to his credit, I believe that Dunkirk has the class to impact the running of this year’s Triple Crown races. I also believe the distance of those races should be well within his scope. But the lack of experience and lack of demonstrated soundness we see in his three past performances makes one wonder if he’s the super-horse that Big Brown nearly proved to be last year (coming into the Derby off of only three starts). The fact that Dunkirk’s mother was a classic winner by A.P. Indy with a dam by Alydar may be enough to stack the cards in his favor. Let’s hope for entertainment’s sake (and that of the sport) that he’s a late bloomer, with the ability to substantiate his $3.7 million price tag and prove Unbridled’s Song to be a classic sire after all. We don’t need horses like Dunkirk standing on the sidelines.
Edwin Anthony was the staff pedigree consultant at Three Chimneys Farm for six years and has penned dozens of articles on pedigree research. He recently authored the reference book, The American Thoroughbred (Volume I). Click here to learn more and order your copy today
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Tags: a.p. indy, alydar, anthony's anthony's pedigree report, dunkirk, Edwin Anthony, Florida Derby, kentucky derby, Paulick Report, Ray Paulick, secret status, The American Thoroughbred, Triple Crown, unbridled's song Posted in Edwin Anthony Pedigree Report, Triple Crown preps, kentucky derby | 3 Comments »
Tuesday, March 3rd, 2009
By Ray Paulick
All the economic indicators took a predictable dip at Fasig-Tipton’s sale of 2-year-olds in training at Calder on Tuesday, with gross receipts falling 25.5% from 2008 and the average and median prices dropping by 31.5% and 34.8%, respectively. The declines are in line with falling market prices at other Thoroughbred auctions in North America since the financial crisis hit last September, midway through the bellwether Keeneland September yearling sale.
Fasig-Tipton reported selling 111 horses for $26,151,000, an average price of $235,595 and median of $150,000, compared with 2008 figures of 102 sold for $35,100,000, an average of $344,119 and median of $230,000. Buy-backs were down from 40.4% in 2008 to 35.4% this year, when 61 of the 172 through the ring failed to reach their reserve price. Another 91 juveniles were listed on the results sheet as "out" or withdrawn at this year’s sale.
There was broad-based participation from a cross-section of American and international buyers, including a contingent from Japan and Europe. Absent from the list of buyers, however, was Demi O’Byrne, who represents the Coolmore operation of John Magnier and has annually been one of the leading buyers at American yearling and 2-year-old auctions.
John Ferguson, agent for Dubai’s Sheikh Mohammed, bought the only three seven-figure juveniles in the sale. He purchased a Medaglia d’Oro colt (Hip 94) consigned by Ciaran Dunne’s Wavertree Stables for $1.6 million after earlier bidding $1.1 million for an Unbridled’s Song colt (Hip 75) from the consignment of Leprechaun Racing, agent. Ferguson also bid $1 million for another son of Unbridled’s Song (Hip 271), from the consingment of Scanlon Training Center, agent. late
The sale was operated for the first time under the new ownership of the Dubai-based Synergy Investments, which purchased Fasig-Tipton last May. Ferguson negotiated the deal on behalf of Synergy, whose principal is an associate of Sheikh Mohammed.
Clilck here for results from Fasig-Tipton.
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Tags: 2-year-olds in training sale, calder, ciaran dunne, fasig-tipton, fasig-tipton calder, john ferguson, leprechaun racing, medaglia d'oro, Paulick Report, Ray Paulick, sheikh mohammed, Thoroughbred Auctions, unbridled's song, wavertree stables Posted in Thoroughbred Auctions, fasig-tipton | 1 Comment »
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