Letter from the President - November
It's November, and I cannot believe that we are just over four weeks from Thanksgiving. This year has absolutely flown. It's hard to believe that in a couple months we'll all be talking about the Kentucky Derby trail once again.
Currently, I am in Kentucky. Earlier tonight we sold our Grade 1 winning filly Lear's Princess for $2.7 million. Days like this are always momentous and bittersweet. To buy a filly for $110,000 and have her turn into a Grade 1 winner is quite an accomplishment. We all get into this game to own horses like this, so to see her sell as one of the best broodmare prospects in the world is quite an achievement for the Partners and the stable. However, the thrill of seeing her dethrone Rags To Riches last fall will be a day that we never forget. To know that she will no longer carry the silks of the black and gold causes a moment of reflection for me. I look back at this time last year when we sold Dream Rush at this same sale and cannot help but think how things have come full circle in a year. Some people say I have a hard time letting go, and they're right. When you have horses of this caliber you never want to let them go. I'm only human.
While one star leaves us, it looks like we have a strong crop of two-year-olds ready to heed the call to greatness. Already, we've seen talented fillies like Justwhistledixie, Fitz Just Right and Speed Dating win convincingly. Their male counterparts Phosphorescent, Land Grant, Rereadthefootnotes and Merus Miami have also ventured to the winner's circle. The future looks bright, and we are poised to make headlines on the Derby and Oaks trail in 2009.
While we celebrate the past and the future, the present is also extremely bright. Awesome Gem ran credibly despite a troubled trip in the Breeders' Cup Mile. He has the potential to be a force over the winter, and with his versatility we will have an abundance of opportunities with him. In the Midwest, we are gearing up our top three-year-old Macho Again for his four-year-old campaign. Our main objectives for him in early 2009 are the $1,000,000 Sunshine Millions Classic and $6 million Dubai World Cup at Nad Al Sheba. Finally, we look forward to the return of El Gato Malo who is pointing for the Grade 1 Malibu at Santa Anita after Christmas.
It's been a great year so far, and we look to finish strongly. As we head toward the holidays, I hope everyone has a wonderful Thanksgiving.
Until next month...