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June 25, 2004     E-mail this page to a friend!

by Robert Clay or Dan Rosenberg
MIDWAY, KY........ Roy and Pat Chapman today announced that their 3-year-old superstar Smarty Jones will stand at Three Chimneys Farm, near Midway, KY at the end of his racing career. Three Chimneys will purchase and syndicate a fifty percent interest in the horse, and the Chapmans will retain fifty percent. The price was not disclosed.

The agreement calls for the Chapmans to make all racing decisions regarding Smarty Jones’ schedule, and they will decide when he retires. The agreement also specifies that the book of mares bred to Smarty Jones will be limited to 110 mares, plus a Breeders’ Cup nomination and that he will not be shuttled to the Southern Hemisphere for breeding purposes.

“Everyone in Kentucky was so nice to us that this became a difficult decision, “ said Pat Chapman. “But Three Chimneys was such a great fit. They are used to having the public visit their horses like Seattle Slew, Silver Charm and Point Given. They believe in limiting a stallion’s book of mares, and they are experienced in standing an important horse and making him a success as a sire. It’s just a really great fit.”

“We have come to appreciate the idea of syndicating him to broaden his ownership and the base of mares to support him,” said Roy Chapman. “But we also like the idea of retaining half ownership so we can stay involved with his career. Three Chimneys suggested we limit the book size in the contract, and we thought that a great idea.”

“In no way does this signal Smarty’s retirement,” continued Roy Chapman. “We decided before the Preakness that we would talk to stallion farms and plan his future in a studied way. He has been so good to us that we want to make sure we do right by him. We started these conversations the week after the Preakness and we visited Kentucky the week after the Belmont to see ten farms. George Isaacs did a remarkable job in helping us sort through our options. It was not an easy decision, but we feel very good about the result.”

“We are grateful for this awesome responsibility,” said Three Chimneys owner Robert Clay. “This is a very special horse in so many ways. The Chapmans and the Servises have earned the gratitude of the entire racing world by the way they have served the needs of the press, and the public, and of Smarty Jones all at the same time. We hope, and plan, to do just as good a job as they have done. We have always welcomed fans to Three Chimneys Farm and look forward to sharing Smarty Jones with his public.”

Three Chimneys was home to Seattle Slew, the only undefeated Triple Crown winner in history, for the last 17 years of his life. Among the current stallions at the central Kentucky farm is Silver Charm, Kentucky Derby winner and Dubai World Cup winner and one of the top Five North American Racehorses in history. (Smarty Jones is currently ranked as the Fourth Leading North American Racehorse by earnings.) Three Chimneys also stands Point Given — 2001 Horse of the Year and winner of the 2001 Preakness S.-G1, Belmont S.-G1., and Travers S.-G1. In 1993, Kentucky Derby winner Genuine Risk gave birth to her first foal — at age 16 — at Three Chimneys, to worldwide attention and celebration.

“It will truly be our privilege to provide Smarty Jones his home upon retirement and to maximize his opportunities to be a success as a stallion,” said Three Chimneys President Dan Rosenberg. “He is an extraordinary racehorse, by a world-record-setting miler, and he is directly descended from La Troienne. Anne Peters, our matings and pedigree analyst, has already identified quite a number of mating opportunities. We’re excited about him as a stallion.” Rosenberg concluded, “I can’t wait to see what Smarty does next on the racetrack, but I also can’t wait to see his babies.”

Smarty Jones has won eight of his nine career starts and earned $7,613,155. The current plan for his schedule the rest of this year includes four races under consideration: the Haskell Invitational H.-G1 on August 8, Pennsylvania Derby-G2 on Sept. 6, the Pegasus Handicap and Breeders’ Cup Classic-G1. “If he shows us he’s ready to get back, then we’ll point for the Haskell. If he wants more time, then we’ll go in the other three races,” said trainer John Servis.