Martin to sell Love the Chase......

http://www.bloodhorse.com/horse-racing/articles/214556/love-the-chase-to-sell-at-f-t-november

I understand the business behind the decision to sell her & use those proceeds to build his band of broodmares, but he just comes across as a cold-hearted, money hungry ass when talking about the horses.

“We had three goals this year, and we’ve already accomplished one and are heading toward the second,” he said. “The Pegasus is the third goal. I want the ‘Most Accomplished Horse in the World’ title.”

Just because someone has a sound business plan and is sticking to the business plan does not mean he is cold hearted and money hungry. He’s doing his best to stay in the business and get his bills paid in full and on time while doing so.

Here is Conquest throwing in the towel in just 4 years.

http://www.chronofhorse.com/forum/showthread.php?498376-Conquest-Stable

Is it better to correctly align your business activities with your business plan or hang onto the horses for love and then go belly up and end up owing a bunch of good people money as your horses go to auction anyway?

My facebook news feed was afire this morning with people crying in their cheerios over the fate of Love the Chase and the continued cruelness of Perry Martin.

When in reality, this is probably the best thing that ever happened to everyone involved, including the mare.

One would be a great fool not to sell this mare now. It’s unlikely she’ll ever be worth more in her lifetime. Her first foal is dominating North America, she’s in foal to the hottest stallion out there, and she doesn’t have enough other foals on the ground to tarnish her record.

No matter who buys her, it’s almost guaranteed to be one of the best breeding programs in the world. But oh my gosh, if she ends up overseas the Chromies will lose. their. minds!!!

Although I will say, PM does come across like a dbag when he makes statements about winning “the most accomplished horse in the world” title. The majority of the racing world does not care about pay-to-play dirt races at Gulfstream. And while I’m not always the Ramseys’ biggest fan, why on earth is he taking public jabs at them with his new horses? While I’m sure it was meant in humor, it comes across to me as less than classy…

I wouldn’t be surprised if Love the Chase doesn’t turn out to be worth a large sum of money. She is a 10 year old mare who’s produced 4 foals in 6 years at stud. Three of the 4 are racing age, all 3 have raced, and 1 is a winner. Granted, a stupendous winner. But Chrome’s 3yo full sister has yet to break her maiden in 5 starts. The 2yo is winless in 2 starts.

The fact that she’s in foal to Tapit is a huge plus but nothing about her produce record screams consistency, much less the ability to sire another horse even approaching the ability of her first foal, California Chrome.

And it’s not like he can breed her to Chrome…

Many breeders will “rotate” their stock depending on current breeding plans…

[QUOTE=Texarkana;8817687]
And while I’m not always the Ramseys’ biggest fan, why on earth is he taking public jabs at them with his new horses? While I’m sure it was meant in humor, it comes across to me as less than classy…[/QUOTE]

Yeah, this makes no sense. I mean, I could understand someone wanting to dig at them if the filly was by/out of one of the Ramsey’s horses (whether out of spite or as a joke), but she isn’t. To me, it comes across as PM saying he’s a better breeder than the Ramsey’s just because he was the smartest person on the face of the earth by breeding CC. (much sarcasm, there) Dude, you got quite a loooong way to go before you’re up to the Ramsey’s level of impact on the breed.

[QUOTE=Texarkana;8817687]
My facebook news feed was afire this morning with people crying in their cheerios over the fate of Love the Chase and the continued cruelness of Perry Martin…[/QUOTE]

A certain FaceBook page is having vapors over it already. Maybe they’ll all keel over from apoplexy or something. :lol:

And while I’m not always the Ramseys’ biggest fan, why on earth is he taking public jabs at them with his new horses? While I’m sure it was meant in humor, it comes across to me as less than classy…

Context, we’d need more context to understand things fully. Either Martin didn’t elaborate further or the Bloodhorse declined to print the rest so it basically comes across as a WTH? moment. I sort of see it as similar to how He’s Had Enough got his name which was sort of poking fun in a public way at Bob Baffert. Only that got explained better, so it wasn’t as confusing.

[QUOTE=LaurieB;8817790]

The fact that she’s in foal to Tapit is a huge plus but nothing about her produce record screams consistency, much less the ability to sire another horse even approaching the ability of her first foal, California Chrome.[/QUOTE]

Produce a foal. She is a mare. She doesn’t sire anything…she produces.

Sorry, just one of those silly things…:lol:

[QUOTE=ASB Stars;8817892]
Produce a foal. She is a mare. She doesn’t sire anything…she produces.

Sorry, just one of those silly things…:lol:[/QUOTE]

Typing too fast. Sorry it bothered you.

[QUOTE=ASB Stars;8817892]
Produce a foal. She is a mare. She doesn’t sire anything…she produces.[/QUOTE]

Kinda like a vegetable…produce…why to do the boys get the royal monikers like “sire” and the girls get the blue collar production moniker?

I think it’s unrealistic to expect most mares to produce multiple horses like California Chrome. Statistically speaking how many horses are out there who have his record and earnings?

[QUOTE=Palm Beach;8817586]
Just because someone has a sound business plan and is sticking to the business plan does not mean he is cold hearted and money hungry. He’s doing his best to stay in the business and get his bills paid in full and on time while doing so.

Here is Conquest throwing in the towel in just 4 years.

http://www.chronofhorse.com/forum/showthread.php?498376-Conquest-Stable

Is it better to correctly align your business activities with your business plan or hang onto the horses for love and then go belly up and end up owing a bunch of good people money as your horses go to auction anyway?[/QUOTE]

Pretty sure you purposely misread my post. I didn’t say his business plan is what made him look like an ass. I actually said I understood the reasons behind it. SMH

[QUOTE=SnicklefritzG;8818220]
I think it’s unrealistic to expect most mares to produce multiple horses like California Chrome. Statistically speaking how many horses are out there who have his record and earnings?[/QUOTE]

I agree that it’s unrealistic. But if that’s the case, she’s already produced her big horse (and so far nothing to follow him). So why would someone want to pay a lot of money for her?

[QUOTE=LaurieB;8818362]
I agree that it’s unrealistic. But if that’s the case, she’s already produced her big horse (and so far nothing to follow him). So why would someone want to pay a lot of money for her?[/QUOTE]

Makes more sense than dumping a ton on an unproven mare, which people do all the time. And even one foal half as good as Chrome would be a fairly good horse.

[QUOTE=LaurieB;8817790]
I wouldn’t be surprised if Love the Chase doesn’t turn out to be worth a large sum of money. She is a 10 year old mare who’s produced 4 foals in 6 years at stud. Three of the 4 are racing age, all 3 have raced, and 1 is a winner. Granted, a stupendous winner. But Chrome’s 3yo full sister has yet to break her maiden in 5 starts. The 2yo is winless in 2 starts.

The fact that she’s in foal to Tapit is a huge plus but nothing about her produce record screams consistency, much less the ability to sire another horse even approaching the ability of her first foal, California Chrome.[/QUOTE]

I very much agree, but the way I see it, this moment in time is likely her pinnacle. It’s all down hill from here, monetarily, if she continues producing average quality horses at best when bred to elite Kentucky stallions, as opposed to Lucky Pulpit. I mean, he’s certainly an inconsistent sire even if it’s just because of his mare population. Someone will buy her for a lot of money (unless they set too high of a reserve), even if she’s far from topping the sale.

She has sure upgraded her status from the days she was sold for $8k… Which seemed like the ripoff of the century before she became the dam of California Chrome!

I guess I should not be surprised. But really? Not to take this out on COTH’ers but some of the comments I have read about this on other websites have been just laughable. Do people think Perry Martin goes out and feeds carrots to Love the Chase every day? Does anyone think she won’t end up being cared for quite splendidly for the rest of her days? Even if she is (heavens forbid) sold overseas?

[QUOTE=mommy peanut;8818271]
Pretty sure you purposely misread my post. I didn’t say his business plan is what made him look like an ass. I actually said I understood the reasons behind it. SMH[/QUOTE]

Nope, not purposefully. I’m a speed reader and admittedly missed the word “understand.” Apologies.

I imagine whoever buys her will either be a Coolmore type (tho I dont think they will) or someone who will sell her foals the rest of her life. If the foal she’s carrying looks good, it will be a multi million dollar yearling, and all her foals from here on in will always be half siblings to California Chrome. I think the luster will stay for several more years at least, especially if she’s bred well.

IMHO breeding her to Tapit was a stroke of genius. I mean, the dam of Chrome, in foal to the top sire in the country, who has gotten nice horses from just about every cross out there. Yes, he had to pony up the $$ to breed to him (unless he got a deal…) but this is the way to sell the mare for the most $$. I mean, breeding her back for a full sibling to Chrome might be some folks sentimental choice, but it makes poor business sense. Martin is nothing if not crafty about these things.

She’s got to at least bring in the Tapit stud fee for this not to be a huge blunder. However it goes, it will be interesting to follow.