By Paulick Report
In a move that both parties hope will improve his future success as a sire, co-owners Taylor Made Farm and Perry Martin both gave up 10 percent of their share in champion California Chrome. According to Thoroughbred Racing Commentary, 10 unnamed breeders were sold a two percent share of the future stallion, which would entitle them to two lifetime breeding rights as well as a percentage of his earnings over the rest of his career.
“To allow them to come in,” said Martin, “we made them promise they would send two of their very best mares to California Chrome. So we’re not only looking toward his future at the racetrack, but his future as a sire as well and we brought on a whole bunch of excited partners in the process.”
Set to enter stud in 2017, California Chrome has a few more conquests to make before he retires, including the March 26 Dubai World Cup. The $10 million (US) purse in that race would allow new partners to quickly earn back some of their investment, should the son of Lucky Pulpit do well. Expectations are that California Chrome will make his final career start in the Breeders’ Cup Classic at Santa Anita on Nov. 5, which also carries a $5 million purse.
Read more about the deal at thoroughbredracing.com.