Brazil’s Borges Torrealba family invests in Three Chimneys

  • click above & share!
    X
  • click above & share!
    X


  • click above & share!
    X
  • click above & share!
    X

The Borges Torrealba family of Brazil has invested in Three Chimneys and is now a partner in the Midway, Ky., farm, according to the Thoroughbred Daily News.

“Three Chimneys’ mission is always has been to attract the best horses and customers in the world,” Case Clay, farm president and son of owners Robert and Blythe Clay, told the TDN. “Strategically, we think in order to execute our long-term strategy and continue this mission with strength, we are happy to align ourselves with a well-capitalized, long-term partner, which is a family who shares our idea, vision and values.”

The investment will strengthen the position of Three Chimneys as a major player in mare and stallion acquisitions, Goncalo Torrealba told the TDN. “Together, we bought some very high-class mares at the Fasig-Tipton and Keeneland sales,” Torrealba said, “and we plan to add to that inventory in years to come. We also plan to invest in top-class stallions.”

The Borges Torrealba family is well known in Brazil, both in the business and horse racing worlds. Their Libra Group owns shipping terminals in several major Brazilian cities, including Rio de Janeiro and Santos, and they operate Stud TNT, which stands 14 stallions, including shuttle stallions Leroidesanimaux, the Brazilian-bred, U.S. champion turf male who sired Kentucky Derby winner Animal Kingdom. Also shuttling to Stud TNT is Leroidesanimaux’s sire, Candy Stripes, and Breeders’ Cup Classic winner Drosselmeyer.

Rumors of a deal between the Borges Torrealba family and Three Chimneys had been swirling since the beginning of the November breeding stock sales in Lexington, where Goncalo Torrealba has been extremely active, spending over $8 million. It was not until yesterday, however, that Case Clay confirmed the partnership with TDN.

In August 2011, Everett Dobson of Oklahoma City (co-owner of the Oklahoma Thunder of the NBA) became a minority partner in the Three Chimneys stallion division. Dobson is a co-owner of Grade 1 winner Caleb’s Posse, who joins Big Brown, Exchange Rate, Flower Alley, Sky Mesa, Yes It’s True and several others on the Three Chimneys stallion roster for the 2013 breeding season.

New to the Paulick Report? Click here to sign up for our daily email newsletter to keep up on this and other stories happening in the Thoroughbred industry
  • Terri Zeitz

    Congrats to both Three Chimneys and the Torrealba family. It sounds like a win-win situation. In a few years, we will be seeing a lot more Brazilian horses race here.

  • Terri Zeitz

    Congrats to both Three Chimneys and the Torrealba family. It sounds like a win-win situation. In a few years, we will be seeing a lot more Brazilian horses race here.

  • Ida Lee

    As long as my beloved Big Brown does not end up in Brazil, this deal sounds pretty good for everybody involved.

  • Ida Lee

    As long as my beloved Big Brown does not end up in Brazil, this deal sounds pretty good for everybody involved.

  • Francis Bush

    Probably not a good idea. We continue to dilute the Lexington area with foreign investors. When money becomes the object, its presence supercedes local objectives and demands. Hope it works out to the benefit of Kentuckians.

  • Francis Bush

    Probably not a good idea. We continue to dilute the Lexington area with foreign investors. When money becomes the object, its presence supercedes local objectives and demands. Hope it works out to the benefit of Kentuckians.

  • Glimmerglass

    Side point, but doesn’t Stud TNT own the rights to – and has campaigned using – the former Calumet silks? I believe they purchased them during the bankruptcy. Hence Brad Kelley cannot use them. They aren’t exactly unfamiliar with Lexington.

    • Abc

      I believe that Kwiatkowski bought them back.

  • Glimmerglass

    Side point, but doesn’t Stud TNT own the rights to – and has campaigned using – the former Calumet silks? I believe they purchased them during the bankruptcy. Hence Brad Kelley cannot use them. They aren’t exactly unfamiliar with Lexington.

  • Abc

    I believe that Kwiatkowski bought them back.

Twitter