The Story of Vindication [Updated through his success at 2006 Keeneland September Yearling Sale]
by George William Smith, © September 15, 2006, All Rights Reserved
Vindication is dark bay/brown colt by
Seattle Slew out of Strawberry Reason by Strawberry Road foaled January
28, 2000. Payson Stud bred Vindication with the help of George
Smith, a pedigree analyst and bloodstock consultant known as The
Matchmaker.
The Origin of Payson Stud
Payson Stud is part of the original Greentree Stud, near Lexington,
Kentucky along with parts of Elmendorf and Duntreath Farm. Payson
Stables came into being upon the death of Mrs. Charles Shipman Payson,
a partner with her brother Jock (John Hay) Whitney in Greentree
Stud. Upon Joan’s death her husband, Charles Shipman Payson,
retained 130 acres of land and a share in the stallions, Stop The Music
and Stage Door Johnny, but he sold the rest of his interest in the
Greentree property to Jock, including the horses. While Charles was an
equestrian he was not much involved in the thoroughbred industry. I’m
sure that Charles knew more than he let on about thoroughbreds, but was
wise enough to realize a little knowledge could be very
dangerous. For example, looking at a Racing Form is a lot
different than being able to competently apply the statistics found
within, otherwise known as handicapping. If Charles were to build
his own thoroughbred operation, he would either have to develop an
interest in racing or allow someone else develop that thoroughbred
operation for him. That someone turned out to be his new wife,
Virginia Kraft Payson.
Charles’ marriage to Virginia has had an impact that may be described
as significant on the thoroughbred industry in Kentucky. It did
not start out that way. Virginia was interested in continuing the
success of Greentree Stud, but she and Charlie essentially had to start
from scratch with the exception of stallion shares. They did not
experience beginners luck. Their original ventures whether it
inexpensive (Romanair, first purchase for $17,000) or expensive did not
result in horses worth what they paid.
‘As Virginia said to Sue Finley in Profiles in Racing, “We spent a lot
of money and we bought a lot of garbage. The transition from
being a writer to breeding horses was a very logical and useful
one. As far as I’m concerned, a writer is really a researcher who
goes to as many sources as possible to extract the salient points of a
story then puts them all together and comes up with a point of view and
a conclusion.” The theory at which she arrived together with
George William Smith, a breeding specialist from Edmonton, Alberta,
Canada was that Americans were breeding too much speed into their
pedigrees in the pursuit of early success.’
Charlie and Virginia began in the business with head start over most
breeders. Land that had raised some of the best horses in North
America, deep pockets and an interest in breeding and racing top-class
performers. Head starts do help in this business at the beginning
but it does not ensure success. Believing that knowledge gained from an
unrelated business is transferable to the thoroughbred industry, often
leads to failure for new breeders and owners. Those that
have money are almost under constant attack by those who want it and
are willing to promise the moon to get it.
The thoroughbred industry has a long history of successful breeders and
clever owners hiring experts to maximizing their chances of
success. However, masquerading amongst them has always been a
large number of people whose ideas and implementations have resulted in
the loss of many hard-earned fortunes. Those with deep pockets
are often the targets of such charlatans. After all, why try to
sell a horse worth $1,000 to a person of limited means for $1,200 when
you can get $100,000 from a person with deep pockets who is not
directly involved (read not knowledgeable).
The key to success in the thoroughbred industry is industry-specific
knowledge. Much as the ability to read and write requires
learning each letter of the alphabet, the combinations that form words
and what the words mean in the context that they are written,
interpreting pedigrees correctly requires even more effort and
time. In fact, interpreting pedigrees and implementing breeding
strategies is far more difficult because there are no rules like “I”
before “E” except after “C”. Full brothers are often
completely different in ability and type. To completely befuddle
even the most knowledgeable thoroughbred analyst, a stallion may
produce foals whose best distances are at the other end of the spectrum
from that of the stallion himself (sprinters can produce plodders,
plodders produce sprinters).
Those with deep pockets can buy the knowledge of others through the
hiring of experts. However, the knowledge of a pedigree analyst
is not easily transferred to those that wish to learn. A pedigree
expert can teach industry-specific knowledge, but the process is so
intense and time consuming that such transfer is rare. Mrs.
Payson spent many hours learning and applying the principles that guide
breeding thoroughbred racehorses. I had the pleasure of many
hours of in-person and marathon telephone conversations with her on
what we both knew and where we were going.
The Payson Plan
Mrs. Payson's objective was to purchase quality broodmares that would
produce classic runners. Virginia and Charlie had lost enough
money in the business to learn an important lesson: listen, learn,
modify and apply. On October 22, 1981, Virginia wrote me and stated,
“Another concern of mine is breeding untried mares to untried
stallions—This doubles the risk of what may be produced. I should
probably limit such matings to no more than 50% of my new mothers.” I
had a rule that states young mares need to be mated well-established
sires that have had positive results at stud. Since most new
stallions fail, putting a (near) maiden mare to an untested stallion is
not a good way of maximizing chances of producing a classic
runner. Breeders/owners can check out the foals of a
well-established sire and compare what their young mare just produced
from him and get a better idea of what the mare contributed to the
match.
The 1981 Keeneland November Mixed Sale was the first of many sales for
which I was hired as her bloodstock consultant. Our process was
as follows:
Step 1: The first task was to go through the Keeneland November Sale
and find mares that should produce good foals. I graded the mares
from 1 to 10. While I searched through the catalogs, Virginia
also had her young trainer, Blaine Holloway and several vets go through
the barns and choose their favorites. Since, there were a
lot of horses in the Keeneland November Sale the vets and trainer split
the list, went through different barns and compared notes later.
Step 2 was that 5 a.m. phone call. I live in the Mountain Time
zone, two hours earlier than Kentucky. We exchanged lists.
Step 3 was that I took a look at their choices and noted which of their
choices I could live with and which I could not. They did the
same thing with my list. If a mare appeared on the lists of all,
the plan called for another look at her by all concerned.
Step 4 was for Virginia to make the call of which mares to buy.
It was her money and her plan. It took a few years for Virginia to
realize that price-paid often bore no resemblance to value.
After that 1981 Keeneland November sale, Virginia extended me an
invitation to visit her and Charlie in Florida. She would
interview me personally. “I am very anxious to meet you and have
an opportunity to explore your theories at greater length. I have
been reading books on genetics non stop—even got my hands on an
original Bruce Lowe (1895), but would enjoy yakking with a pro.”
She was taking an active role in her own success. She hired Ted
Carr. “An excellent and much respected chap to manage the
broodmares in KY (managed Domino for 18 years).”
Virginia flew me by private jet to Miami and then by limousine to her
residence at Hobe Sound, Florida. The only passenger, I was not
alone. The pilot and copilot pleaded with me on the flight to get
this lady some good winners. Apparently, Virginia was not the
easiest to live with when her horses were running badly. Her
horses were running badly.
During the time I spent with Virginia and Charlie that December she
spent many hours picking my brain. I also learned a great deal
about their operation and what they were attempting to
accomplish. The conversations were high quality and
fruitful. I learned. She learned. I remember that
Virginia thought I was younger than my chronological age at first
because she knew I was a high-class athlete, running in international
races at the time. She had been burned in the industry. She
was seeking young advisors that were on the way up and willing to work
to earn their money. I saw the look in her eye
(disappointment) to find that I was 37. By the time I left
Florida, Virginia and I had entered into a five-year plan. She
and I would work together for five years and if at the end of five
years she was not happy with the results, the link would be severed and
we would each go on our way. She would not penalize me for being
37. I was now a full member of the team.
As the Payson’s had deep pockets, commerciality was not a major
factor. They were breeding to race and prove their own
stock. Having been burned at the sales from the beginning, the
plan called for breeding their own and racing the progeny.
From the start, Virginia and I focused on getting classic
winners. I knew that it was likely that it would take more
than one generation with the mares we bought to get a classic winner,
so we often celebrated the birth of a nicely conformed daughter.
We understood that America was ‘speed-crazy’ and getting more
speed-crazy. We would aim at producing foals that had both
soundness and stamina. If we needed speed, we could find it everywhere
and put it into our pedigrees.
We were aware that when you breed for a classic winner, the horse is
not likely to win early in the racing year so those lucrative 2yo
stakes were not part of the plan. We were also aware that the
search for a classic winner was likely to produce horses that could go
a distance of ground, but not of sufficient speed to win quality races
and cheaper stock that had some speed, but not enough stamina to get
classic distances. She would cull the mares that failed to live
up to their pedigrees and our expectations. One of the reasons
for her ultimate success was that she rigidly culled the progeny and
the mares. Horses were often donated, given-away, and/or not
registered.
Opportunity Yields Success in the 1980's
Our hard work and her money gave her horses the opportunity to show
what our cooperative effort could produce. With Carr de Naskra's
win in the Travers Stakes-G1 in 1984, the Payson's had their first
Classic winner. Her other Grade 1 winners in the 1980's were
Uptown Swell [Bowling Green H.-G1 in 1986], and Milesius [Manhattan
H.-G1 in 1988 and 1989]. She had her first millionaire with Salem
Drive. Lac Ouimet followed with six Graded wins and over
$800,000. Other Payson SW's in the 1980's were Wimborne Sky,
River Scape, Rosarian Star, Tafara, Carolina Street, etc. Norberto took
France by storm with a second place in a Grade 1, but got sick and died
as a 3yo before he could really display a characteristic that was
common with all Payson Classic-type runners. Payson runners got
better with age and stayed sound.
Stamina and Soundness
From my research I knew that top-class stamina sires often showed
high-class speed themselves as 2yo’s (Prince John, Stage Door Johnny,
Hail To Reason, etc.). With the right mix and match using this
type of sire, a late-developing high class 2yo has a terrific chance to
become a classic winner. As a breeding-to-race operation,
Virginia would depend on soundness, stamina and racing brilliance to
maximize her success.
Virginia wanted to have her runners race as long as they were
sound. Early retirement was never in her plans. It was more
important to her for the good of the sport that the public needed to
see top-class horses in action for more than one or two seasons, than
the extra dollars she could earn by sending her colts off to stud at
four. She loved to see her runners compete and win against the
best. I proved that we could work together to breed top-class, sound
runners. Salem Drive and Lac Ouimet, his half brother, Milesius
each won Graded stakes from ages 3-7. Uptown Swell won stakes
from ages 3 thru 8.
The Classic Process
Thanks to the opportunity Virginia gave me with her horses in the
1980's, I had refined my breeding theories to give her and my other
clients a realistic chance of producing classic horses. My
theories would lead to a Horse of the Year, two Eclipse winners, a
Broodmare of the Year, at least 124 stakewinners of which 44 have won
or placed in Graded races and at least 48 mares that became stakes
producers.
At no time should the reader imply from this article that there were no
failures. There were plenty of horses that had to be culled, but
Virginia culled them and I learned from my mistakes. Learning to
maximize a prospective foal's chance of Classic success, was long, slow
process and never finished.
First, I use an established source of stamina. This means young,
untested stallions are out, even if the young stallion has a
stamina-laden pedigree and ran to it. Using untested stallions
can be a recipe for success of commercial operations when great
salesmen spin pedigrees and racing achievements. This also means
I do not rely on speed influences even though they are superior sires
like Mr. Prospector or Northern Dancer. Northern Dancer is a
Versatile chef de race of mine [very similar to Intermediate in the
Varola system] and an integral part of the success of many Classic
horses, but he is not a source of stamina to me.
Second, I view each pedigree as a minefield. I am not in awe of
the famous ancestors in a pedigree. Instead, I want to know who
they appear in the pedigree through. I love it when a renowned
ancestor is through one of their best progeny. A good example of
that is a cross of Bold Ruler through his son Boldnesian. But
because Bold Ruler is in the pedigree doesn't mean squat to me if the
son or daughter does not merit my attention on his or her own. I
will only forgive bad sons of any renowned stallion if a close look at
the stud performance of that stallion shows that the horse I am looking
at is an exception to the rule.
Third, I do not necessarily penalize a broodmare for being unraced or
having a poor race record. On many occasions, if I believe that
the broodmare is too heavily oriented toward stamina to have raced
well, I will not view her as an impediment to overcome. In fact,
I often use such mares to improve the chances of producing a Classic
runner.
Fourth, to ensure the greatest chance of soundness I will rely on
stallions that are not only good stallions, but also excellent
broodmare sires, even though their own unsoundness may have ended their
racing careers. This means I will use Mr. Prospector freely if I
need the speed, but not Raise A Native. I love to use Hail To
Reason for the stamina and his ability both as a sire and as a
broodmare sire. Hail To Reason is a Hardy chef de race of
mine. Hardy chefs of race are sources of stamina and they are
outstanding both as sires and broodmare sires. Buckpasser, Round
Table [and his sire Princequillo] and Nijinsky II are Hardy chefs de
race.
Pretty Reason, A Huge Bargain
My role had changed from selecting the best stallions for her mares and
helping her buy the right broodmares to just helping her buy broodmares
that would produce runners for her stallions [Carr de Naskra, Salem
Drive, Lac Ouimet]. In the 1991 Keeneland November Mixed sale I
searched out and recommended the purchase of Pretty Reason for the
following reasons.
First, she was already proven. She had proved she could hit a
home run as her Silver Court, a Grade 3 winner of $520,492 by
non-descript Flip Sal and Silver Court who was still racing at age 8
[sound]. Most of her other foals were winners, exactly what young
stallions need.
Second, Pretty Reason was unraced and by my favorite stallion Hail To
Reason. There was a strong probability that she had inherited a
lot of the stamina of Hail To Reason and that was why she was
unraced. There was speed in the tail-female line as her dam was
by a son of Nasrullah out of a mare by Eight Thirty out of a mare by
Pharis, but it was obviously not expressed in Pretty Reason.
Third, she was carrying a foal by Strawberry Road. I thought
Strawberry Road would make a good stallion in North America due to
hybrid vigor and all that Australian and New Zealand blood. [It
should be noted here, however, that I was not sold at that time that he
would make a good broodmare sire because of the sires on his
tail-female line.] I viewed the prospective foal's pedigree as
speed bred to Classic sire to Classical runner as Classic
potential. I stated that "The mare was worth her purchase price
just to get that foal." It is interesting to note that just
looking at the duplicated ancestors in the prospective foal would give
the impression of a speedy foal since the foal would carry Eight Thirty
5,4; Nasrullah 5,4; and Nearco 5,5. But unraced mare by a stamina
sire by a Classic runner with Aussie and Kiwi blood shouted Classic to
me.
Fourth, Pretty Reason could be bought cheap. After Charlie died,
Virginia went from being fast and loose with her money to being overly
tight. She relied on her stallion Carr de Naskra [good thing he
became a significant stallion] and the stallion shares she had
previously purchased to keep her breeding costs down. I found the
best way to get fresh blood into the racing operation was when she was
in the market for a broodmare. Interestingly, only once did I get
a commission for helping her buy a broodmare. She would lend me
the use of her houses and her cook, treat me like a king while I was
there, sit me at her table on Breeders' Cup Day, but no commissions to
any pedigree advisor. I happily enjoyed her company as she forced me to
push the limits on what I could accomplish with my pedigree
analysis. In fact it gives me great satisfaction that I helped
her produce a lot of significant racehorses without buying that
success. Let me put to rest any notion that Virginia bought her
way to success. She could have. She didn't. Pretty
Reason was bought cheap at $20,000. In fact, if it weren't for
Northern Sunset and her success at stud, Pretty Reason would have been
her best bargain as she was carrying a Strawberry Road foal.
Strawberry Road just months earlier had two runners earn Grade 1
victories as 3yo's [Dinard, Santa Anita Derby; Fowda, Hollywood Oaks].
Fifth, though age 20, Pretty Reason was carrying a foal that would be
foaled about mid March. That would give plenty of time to get her
back in foal. I also liked the fact that she rarely missed
producing a foal. With any luck we might get two or three more
foals from her. Unfortunately, Pretty Reason was barren to Salem
Drive the first year and the next year died foaling a Salem Drive foal
that also did not survive on May 9th, 1994.
Strawberry Reason
Strawberry Reason arrived 9 days later than expected on March 17,
1992. According to my personal list of chefs de race, her Dosage
Diagram is:
Dosage Diagram
Aptitudinal
Type
1
2nd
Generation
3rd
Generation
4th
Generation
Anerobic
|
|
|
|
Eight Thirty
|
Precocious
|
|
|
Turn-To
|
Royal Charger
|
Versatile
|
|
|
|
Northern Dancer
|
|
|
|
|
Princely Gift
|
|
|
|
|
Nasrullah
|
Classic
|
|
|
|
|
Transitory
|
|
|
|
|
Hardy
|
|
Hail To Reason
|
Nijinsky II
|
|
Aerobic
|
|
|
|
|
This method of looking at the
distance orientation of Strawberry Reason indicates that she is
balanced in terms of speed and stamina, with speed further back and
stamina in the forefront of the pedigree. The usual consequence of such
a diagram is that soundness is not an issue as there are two close up
Hardy chefs that transmit soundness to the pedigree. Usually a horse
with this type of diagram will slowly mature into an outstanding
runner, but not be particularly good at two unless the competition is
weak. Since the 4th generation will not appear in the progeny of
this horse, she should be mated to stallions that have chefs de race
close up in their pedigree to be fashionable. Her best distance should
be between a mile and sixteenth and a mile and an eighth.
She was sent to Payson Park in Florida to begin her racing
preparation. Her trainer would be Roger Attfield. Roger
Attfield became one of Virginia's trainers after she bought Fairy
Garden as a racing and/or broodmare prospect at Keeneland and decided
to keep her in training with her trainer of record [Atfield].
Interestingly, Virginia, Charles McGinnes [a very knowledgeable
conformation and pedigree expert friend of Virginia and I, owns
Thornmar Farm in Maryland] and myself were going through catalog pages
and potential buys during a meeting at her home when we took up the
case for buying Fairy Garden. When we decided she was a likely
buy, Virginia asked Charlie when she would sell. Charlie looked
at the hip number and the time and said something to the effect that
there might be just time enough to get to Keeneland before she
sold. In a flash we were on the road and just got to the back of
the pavilion when Fairy Garden stepped up as next to be sold.
Within minutes Virginia had bought her. Virginia sent Fairy
Garden back into racing and with Attfield as trainer. He won a
couple of Grade 2 races with her. Based on these results,
Virginia sent him a couple of other horses, one of which was Strawberry
Reason.
Virginia has always had a fondness for Canada and many of her horses
have been named for her favorite places in Canada [Laurentide, St.
Adele, St. Jovite, Lac Ouimet, etc]. Strawberry Reason made her
debut for Virginia on July 27, 1994 as a 2yo at Woodbine, in Ontario,
Canada. She finished 3rd in a 5 furlong MSW race beaten 7+
lengths. Seventeen days later she raced in a 6 furlong MSW race
finishing 5th after taking an early lead and fading. She was done
for the year and sent back to Payson Park to get ready for her 3YO
career.
As a 3yo and in training at Payson Park, her first start came at
Gulfstream Park and finished 5th. She finally broke her maiden in
a MSW race at Hialeah on March 25th at a mile and a sixteenth in
1:44.17 by 3 and 3/4 lengths over The Big Strawberry [I'm not
kidding]. In all of her previous races she would show speed, be
one or near the lead then fade. On April 14th she tried turf at
Keeneland and failed miserably, again leading and stopping, even though
the winning time was a pedestrial 1:37.42 for a mile. Two weeks
later on dirt, she won at a mile and a sixteenth in the good time of
1:44.40, beating Hair Cut into 3rd place [again I am not
kidding]. Two weeks later on May 26th she won again at the same
distance at Churchill Downs. She then failed to fire in an
allowance race two weeks later and finished 6th, beaten 10 1/2
lengths. Seeking blacktype and perhaps easier company she was
sent to Arlington Park where she finished3rd in the Arlington Oaks-G3,
beaten only 3/4 of a length for it all, by Niner's Home [a half sister
to Home At Last]. Encouraged by her strong performance, Attfield
sent her to Philadelphia Park for the Cotillion-G2 but she finished 5th
in a lack luster performance on September 23rd. Strawberry Reason
won the biggest race of her career at Laurel in the Martha
Washington-G3 at a mile and a sixteenth in 1:44.62 by two lengths [well
rated, 3 wide, driving]. It was her last win, though she
subsequently placed in the Davona Dale [at Laurel] and Personal Ensign
[at Monmouth]. She retired into Virginia's broodmare band with 17
starts over two seasons and 4 wins, 1 second, and 3 thirds while
earning $153,226. She only won at a mile and a sixteenth, which
was pretty much what her dosage diagram suggested would be her best
distance. For me I loved the fact that she raced to her diagram
as such mares often are very consistent as producers if you can find
what stallions work best with them.
From Breeding-to-Race to a Commercial Operation
When Strawberry Reason entered the broodmare band in 1997, there was no
choice as to whom she would be mated. By the 1997 breeding season
Salem Drive had produced one stakewinner out of a Payson mare, but only
one other from 107 foals [4 stakeplaced]. His stud fee had been
raised from $1500 to $2,500. At that time Lac Ouimet had had his
stud fee raised from $1500 to $3500. He had produced 4 SW's [one
from a Payson mare] and 7 stakeplaced runners, but like Salem Drive
none were outstanding at the time. It should be noted that the
second crop of Lac Ouimet would eventually reach 9 SW's.
Obviously, the foals in this crop were not early maturers. St.
Jovite had his first foals racing in 1996 and seven of 11 runners were
winners, with two stakeplaced [both out of Payson mares].
Strawberry Reason would go to St. Jovite. That mating would
result in Holy Reason.
Holy Reason was foaled on the last day of January 1998.
Holy Reason carried Northern Dancer 5,4 through two sons and Flower
Bowl 4,5 through a son and a daughter. Early on Holy Reason had shown a
bit a brilliance and I remember the farm manager being elated at seeing
his first breezes at Keeneland. Holy Reason placed at two and was
a winner at three, but retired with earnings of $32,810 due to a bowed
tendon and donated to a good home.
Strawberry was again mated to St. Jovite in the 1998 breeding season,
which resulted in the filly Berry Blessed foaled on February 1,
1999. Weaned on May 10th, the filly drew good marks from those
who inspected her. She was later put in the Keeneland September
Sale and sold as hip #2424 for $22,000. According to my records
she is unraced and is now in the hands of Brereton C. Jones and dropped
a colt in 2004 by Stormin Fever and a 2005 colt by El Prado.
By 1999 Virginia was paying the price for breeding to her own stallions
out of loyalty and keeping tight control on her purse strings. Of
her stallions only Lac Ouimet was performing at a level that can
support a breeding-to-race operation. However, Lac Ouimet was the
least favored by the farm of all three. Salem Drive and his good
looks and St. Jovite on his racing ability overshadowed Lac
Ouimet. Lac Ouimet was paying the bills with his outside mares,
but interestingly enough through 2003, none of his top 25 foals are out
of Payson mares. I sent my own mare to Lac Ouimet because she fit
him like a glove, resulting in my own high-class sprinter Cache In who
is ranked as his 11th best foal and earnings well over $200,000.
By 1999 It was becoming obvious that St. Jovite was becoming less and
less commercial. Virginia decided after 20 years to switch to a purely
commercial operation and seek outside stallions. It is pretty
easy to see why she made the change. One needs to look no further
than Strawberry Reason. She was a Grade 3 winner out of a
producer of multiple Graded winners that was by a chef de race.
Her first foal had placed at two in good company and yet her second
foal was cataloged (see above) as hip #2424 at Keeneland
September. Hip #2424 definitely means that the foal was not
commercial.
When Virginia went commercial I was happy and sad at the same
time. For a long time most of the sire selections I had done for
her was for the daughters of her mares that could not be mated to her
stallions because the inbreeding was too close. Now I could
choose the best stallion for the mares.
I was sad because she had so much fun when she had a good horse racing
in her colors. I loved to see that sparkle in her eyes, the blue
outfit to match her colors. I was also sad because going commercial
meant that she might easily fall into the trap of buying mares that
would produce commercial foals and matings arranged simply on the basis
of being sold for high profits without regard whether would produce
good foals or not.
In the early days of Payson Stud, Charlie and Virginia actively sought
out stallion shares. However, aside from those shares that
Charlie inherited only the share in Pleasant Colony turned out to be a
bargain. But turning commercial meant that stallion shares made
sense. Virginia wrote to me stating, "I am leaning more and more
towards tried, proven stallions, even if old. It is such a craps
shoot out there. I bought a share in Broad Brush because I could
not get to him any other way." Virginia had learned her lessons
well. Tried and established stallions are often the best value in
Kentucky. Common sense suggests that this should be true, but it
is often just the opposite. Smarty Jones just retired to
stud. His share price at a reported $650,000 is no bargain.
It will be a bargain only if he turns out to be a significant stallion
from the start and lives to sire foals for at least 5 crops. Of
course, if one is only interested in selling his foals for a profit,
regardless how they later perform and have the golden tongues wagging,
then a Smarty share might produce a profit, but a bargain?
Virginia has recently proved to be an exceptionally astute buyer of
stallion shares. By cross-checking my top stallion selections for
her mares who were recommended for commercial or breeding-to-breeding
to race, she additionally purchased shares in A.P. Indy, Crafty
Prospector [when he was 21!], Gone West, Silver Deputy, A.P Jet, and
Unbridled's Song.
There were some stallions, like Rahy that offer no shares as they are
privately owned. On August 20, 1998 I faxed her that my top stallion
selection for Strawberry Reason was Seattle Slew. On September
25, 1998 Virginia purchased a breeding contract to Seattle Slew for
Strawberry Reason for the 1999 season, a mating that would produce
Vindication. That was an incredibly fast turn around for
Virginia. Procrastination was not only a regular occurrence at
that time of year when breeding decisions needed to be made, it was the
norm. But the decision that resulted in Vindication was made at
the right time and for the right reasons.
Vindication
Seattle Slew was my #1 pick for Strawberry Reason for four major
reasons. First, a Seattle Slew foal would be commercial, In 1998,
he was 24 and an outstanding success as a sire and a broodmare sire [in
case the mating produced a daughter]. His son, A.P. Indy now had
12 SW's from his first crop and was the top ranked stallion of his crop
year. In 1998 his young son, Event Of The Year, had won the Jim
Beam S-G2 and had been an early favorite for the Kentucky
Derby-G1. Seattle Slew himself was the third Leading Sire by AEI
right behind Danzig and his son A.P. Indy. Interestingly,
Strawberry Road was the 7th ranked Leading Sire in 1998 thanks to the
exploits of Escena G1, etc., which solidified the commercial call.
Second, I have my own 'nicking' program that indicated Seattle Slew's
pedigree was a good match for the pedigree of Strawberry Reason to
produce a top foal and vice versa. The norm is that neither the
sire nor the dam's pedigree match up well. Occasionally, the
pedigree of the sire matches well with that of the mare or the family
matches well with the sire [Sire A is good for Mare A, but Mare A is
not good for Sire A or vice versa]. It is rare that they are good
for each other.
I do not like the term 'nicking' as
it often limits the thinking process. For example, Seattle Slew
bred to Weekend Surprise by Secretariat produced A.P. Indy. For
many breeders, consultants and owners, that constitutes a nick.
If they owned a Secretariat mare and could afford a Seattle Slew
season, they would base that mating on the outcome that produced A.P.
Indy. Even if they owned Weekend Surprise this does not mean that
a repeat mating would produce another A.P. Indy. After all,
Devongate earned a whole $1,188 and he was a full brother to A.P.
Indy. Use another Secretariat mare and the chance to
produce another A.P. Indy falls off dramatically.
Third, Seattle Slew was an old stallion. He would not be around
for much longer. Since he went exceptionally well with Pretty
Reason, I argued get the season and use it. If he died before the
breeding season, she could always switch to another commercial
stallion. Since she was due to foal at the end of January or the
first week in February, the chances were good that she would at least
have a few covers [if need be] to him. That Strawberry Reason
would get in foal just by looking at the stallion was also a strong
selling point.
I had been pushing for years for Virginia to bite the bullet and breed
to top-class stallions with non-Northern Sunset line mares of
hers. She had been forced to breed outside the farm with her
Northern Sunset line mares because the inbreeding was too intense, but
it seemed that whenever she took the plunge her mare would come up
empty. Now that she was changing to a commercial operation, she had to
use commercial stallions. Seattle Slew must have been on her wish
list for a long time, since I often recommended him for one of her
mares.
It is not usual for some breeding farms that are governed by solid
breeding principles to accumulate a broodmare band that are actually
quite similar in nature. In this case, if a stallion matches one
of their mares extremely well, the chances are that he will match
several others. On farms that operate by strict commercial
factors or simple luck their broodmare bands that require a wide
variety of different type stallions to succeed.
Fourth, Seattle Slew was a great 'fit' for Strawberry Reason and vice
versa. Top pedigree analysts seek to find patterns in the sire
that 'fit' the pedigree of the dam and patterns in the pedigree of the
dam that 'fit' the sire's pedigree. I have often referred to
these patterns as parts of a jigsaw puzzle that need to be 'fit'
together to make sense or to see what each of these pieces added
together in the right way can produce.
A foal by Seattle Slew out of Strawberry Reason would be inbred to Hail
To Reason 4,3 through two daughters [Reason To Earn and Pretty Reason]
tying together the two pedigrees. The inbreeding itself is not
significant to me unless it meets certain criteria. Vindication is a
text book case of positive inbreeding.
Hail To Reason was an excellent sire. Wonderful, except that the
two crosses were from daughters that did not add to Hail To Reason's
stud performance as a sire. In fact, they lowered his statistics
as a sire. Reason To Earn raced for three seasons, winning but
two races in 16 starts and was once second for earnings that totalled
all of $6,075. Her SSI was above average at 1.12, but far below
what a mating to Hail To Reason usually produced. Pretty Reason
did not even get to start in a race. I excused the racing
performance of both mares because stamina-oriented mares often end up
unraced or racing at a level far below one would expect considering the
excellence of their sire.
Importantly, Hail To Reason was also an excellent broodmare sire.
Since we are talking about two daughters, it is extremely important to
look at how each did as a broodmare to determine the worth of the Hail
To Reason connection. Reason To Earn hit a home run with her
first foal, Bold Reasoning [Jersey Derby, 2nd in the Met, SSI=32.35, an
excellent sire and broodmare sire though he died very young]. It
cannot be emphasized enough that the cross of Reason To Earn in Seattle
Slew is through Bold Reasoning. Pretty Reason as a broodmare
produced two foals that won Graded stakes, Silver Comet [Cliff Hanger
H.-G3] and Strawberry Reason [Martha Washington-G3]. Again, it
cannot be emphasized enough that the cross of Pretty Reason is through
Strawberry Reason.
A mating to Seattle Slew with Strawberry Reason would also carry
Nasrullah 55,65 through Bold Ruler and Glamour [sire's side] and
Princely Gift and Amarullah [dam's side]. I use a comma to denote
in which half the duplicated ancestor appears. Bold Ruler was a
top sire and broodmare sire and since his cross is through Boldnesian,
also a top sire and broodmare sire that cross of Nasrullah is very
solid. Glamour was a top racemare who was also the dam of 4 SW's
and 3 SP'd runners. Her cross is through one of her SW's [Poker]
who was the broodmare sire of Seattle Slew so the Glamour cross is also
rock solid. Princely Gift is a chef de race of mine in the
Versatile grouping. He is a positive influence both as a sire and
as a broodmare sire. This cross of Nasrullah is a little shaky
since it comes through his obscure son Rich Gift. However, since
Rich Gift is the broodmare sire of Strawberry Road who was doing well
as a sire, I also consider this a solid cross of Nasrullah.
Amarullah was a decent sire (AEI=1.34, CI=1.35) but not a good
broodmare sire. I do not view this cross of Nasrullah as a
positive factor to use in support of the mating of Strawberry Reason to
Seattle Slew.
A close look at the pedigree shows that there also is strength along
the tail-female line that would justify mating Strawberry Reason to a
stallion with as expensive a stud fee as Seattle Slew. The dam of
Pretty Reason is Mysore. Her sire is Amarullah. Since I
have already ruled out his significance in this pedigree, the
additional strength must come through her dam, Teleran.
Teleran's 3rd foal was Cornish Prince by Bold Ruler. Holy
Smoke! A perfect example of a pedigree 'fit'. Bold Ruler
was rock-solid in the top half of the pedigree through his tail-male
line [Boldnesian to Bold Reasoning to Seattle Slew]. If Cornish
Prince was just any thoroughbred, this 'fit' would carry no
significance. But Cornish Prince was a major SW at 2 and 3
[Sanford, Jim Dandy, etc.]. And Cornish Prince was a major
sire. His AEI/CI ratio was an excellent 2.15/1.89 with 10%
SW's. This certainly reinforces Vindication's chances of making
it as a runner and later as a sire.
Certainly, from my viewpoint there was an excellent chance for Seattle
Slew to connect [fit] with Strawberry Reason to hit a home run.
Virginia supplied the money and put the pair together. I could
hardly wait for the first start of Vindication. When Vindication
won his first start in a manner that suggested he could run much faster
if need be, I quickly put out the word that he was the real thing.
Certainly a time of 1:10.60 at six furlongs did not merit such an
overstatement. But I was hoping that the pedigrees had fit as I
had projected they might. Sure, I was up there in the tree, with the
saw in hand looking like I might tumble out on my head at any
time. But I was also dreaming and isn't what this industry is all
about? A second win at 6 furlongs did not stifle my bragging and
I suffered considerable vitriolic attacks that he was just beating up
on poor fields. When he won the Kentucky Cup Juvenile in the
pathetic time of 1:46.90, I must admit I was disheartened. Sure,
he won by 6 easy lengths, but 1:46.90! He was no Seattle Slew who
could run that fast in a common gallop. I kept a rather low
profile until he won the Breeders' Cup Juvenile in the decent, but not
outstanding time of 1:49.60. I shouted his name from the rooftop
of Northlands Park. He had won by 2 1/2 lengths over horses that
had ran fast times like Kafwain [5 furlongs in 57.50, 8.5f, 1:42.75]
and Hold That Tiger [7fT in 1:20.40]. He was the real deal.
How good a racehorse was Vindication? We'll never know. He
retired undefeated, untested due to injury. I never saw the
injury coming. His early foal reports from those who scored him
according to his conformation at Payson Stud were all positive.
There was no suggestion of potential soundness problems in his
pedigree. In fact, my opinion was and is that his is about as
sound a pedigree that one can construct. The fact that he sold
for $2.15 million also suggests to me that no one saw his early
retirement coming.
According to my Predictive Sire program, Vindication scores 17.50
Genetic points and 12.56 Racing Ability points for a GRA score of
30.06. This is a high score, but not high enough to ensure his
success without having his book thoroughly screened. My program
could not give him very many racing brilliance points because he never
ran a really fast time while winning and this part of the program
relies on fact, not wishful thinking. In any case, if he was just
lollygaging out there or racing on dead tracks, his progeny will tell
us in a few years.
"If
his first foals sell well [and more than just one or two], this would
seem to indicate he was never tested and could have run much faster if
asked. In that case his GRA score would be well over 37 points
and right in the range of the most successful stallions."...Editor's
Note: Well Keeneland has embraced him by buying his foals at huge
prices.
When Vindication was voted Eclipse Champion 2YO Colt and Farda Amiga
[also a Payson bred] was voted Eclipse Champion 3YO Filly in
2002, I thought Payson Stud was a shoo-in for an Eclipse Award as
Champion Breeder. However, life and Eclipse voting is often not
fair. In an outrageous display of everything that's wrong with
the Eclipse Breeder's Award, Virginia Kraft Payson did not even get on
the short list. From 24 mares that produced 20 live foals in
2000, two were Eclipse Champions. Ten percent of her foals of
2000 were Eclipse Champions and both were from mares bred by Payson
Stud.
It is fact that I ended up with ten percent of that foal crop, Match
The Cache and Cache At Hand. One contacted EPM [colt] and the
other tried to leap a metal feed trough [filly] and found out that she
was no jumper. Both were by Lac Ouimet and the reason that I took
them. They would not bring enough at the sales to justify letting
them go for peanuts. So much for my own lucky touch, although the
filly may yet produce a nice foal to repay my investment. She has
a Military foal by her side and one in the bun.
Other Strawberry Reason Foals:
2001 Stakeplaced True Reason by Silver Deputy, a highly recommended mating
2002 Graded SW Scipion by A.P. Indy, a highly recommended mating
2003 Winner Foreign Minister by Saint Ballado. My only input was that I loved Saint Ballado as a sire.
2004 Queenie Cat, a dark bay or brown filly on April 12 via a mating to
Storm Cat on a foal share. I recommended against such a mating.
2005 A Gone West foal on a May 8th breeding. I recommended against such a mating.
2006 Aborted a Giant's Causeway foal. I had no input into this mating
2007 In foal to A.P. Indy, a highly recommended mating and I am very much looking forward to this foal
Please note that because I had no input or recommended against a
mating, does not mean that the mating will fail to produce a good, if
not outstanding foal. In fact, decisions by my clients against my
selections show independent thought, which is always good if done for
the right reasons.
Keeneland 2006 September Yearling Sale Results [updated 9/15/2006]29 colts to sell at Keeneland have sold for an average of
$510,034. The fillies are averaging $169,880 with 25 sold.
The top 5 prices for colts brought:
4.6 million
2.8 million
$700,000
$625,000
$600,000
An Excel file of the Vindication yearlings and their prices may be
found by
here
© George William Smith, September 25, 2006, All Rights Reserved