The record-setting half-brother to world champion Black Caviar was euthanized on humane grounds on Sunday following a months-long battle with the foot injury laminitis, according to the Sydney Morning Herald.
The 2-year-old known as “Jimmy” had received treatment from some of the top veterinary surgeons in the nation at the University of Melbourne Equine Centre at Werribee, in an attempt to beat the often-debilitating disease. Handlers had noticed the colt's deteriorating condition on Christmas Eve and by the end of the week Jimmy was unable to get to his feet.
The unraced colt by Redoute's Choice, out of the Desert Sun dam Helsinge, first made headlines as Australia's most expensive racehorse when he was purchased at sale for a record-setting AUS$5 million by the BC3 syndication last April. Since then, an investigation into syndicate's manager Bill Vlahos revealed that the bill for Jimmy's sale had not been paid and AUS$194 million of the syndicate's funds were unaccounted for.
Company records have revealed that Jimmy was insured for at least his purchase price. Inglis Bloodstock, who recently repossessed the famed colt, stands to recoup its AUS$5 million outstanding debt, although it is also responsible for Jimmy's estimated $40,000 in veterinary costs for the past two months.
Read more at the Sydney Morning Herald
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.
Copyright © 2018 Paulick Report.