Watching the postal service parade at this weekend ’s Kentucky Derby will certainly satisfy some of our heads with dreaming of knight possession . How did the julep - sip folks evolve their esteem gymnastic horse ? How much is buying a race horse going to sic you back ? Are they voice investments ?
These are all foxy question , but permit ’s take a look at a few stories of horse sales that turned out to be winning lottery tickets" ¦ and a few that were more dud than stud .
Mr. Prospector Becomes a Daddy Again and Again
In 1971 , Mr. Prospector was a bambino that bring $ 200,000 at auction . When he took to the track , he was unspoilt but not great ; he won seven of 14 starts but only land home $ 112,170 during his vocation . Still , in 1980 he sold for $ 20 million .
What happened ? It turns out " Mr. P.“ was a stud in every good sense of the word . While his racing career might not have been the most imposing , it ’s tough to argue with his result as a stud . He generate a winner of each of the Triple Crown race , and his grandchild and great - grandchild have been likewise speedy . His sons , grandson , and great - grandsons have combined to make headway over 30 threefold Crown races and pull in around $ 100 million in net profit . Mr. P. ’s Derby - winning son Fusaichi Pegasus fetched $ 60 million in 2000 , and 18 class in the beginning , another son — Belmont achiever Conquistador Cielo — sell for $ 36.4 million .
John Henry Drives Steel, Wins Cash
When John Henry , a yearling foaled in 1975 , came up for bids at the Keeneland January Mixed Sale , he did n’t mother much buzz . He had passably mundane bloodlines , he was n’t peculiarly heavy , and he had a nasty temper — he got his name from a inclination of smashing steel feed buckets . John Calloway bought the unheralded gelding for a pocket-size $ 1,100 investment and hoped he could make a small cash back on the horse .
How did it puzzle out out ? By the time John Henry hit the sack from racing , he was the top - realize gelding in history with over $ 6.5 million in vocation wage . He won 25 graded stakes subspecies and was bangtail of the decade for the 1980s . Not a shabby return on a $ 1,100 investment funds .
The Green Monkey Makes a Monkey Out of Bidders
When the auctioneer brought a colt who was only known as " number 153" to the vendue block , a violent summons warfare break out . emptor were n’t afraid to open up their wallets for a colt that was described as " perfect,“ and when the hammer dropped the horse went for a record $ 16 million . The winning bidders quickly baptize the colt The Green Monkey , and excitation to see how the horse would do in races start to build . After all , the colt had run an 8th of a mile in a blaze 9.8 seconds in pre - auction workouts , so anything was potential once he started racing .
The buyers thought they were getting a three-fold Crown menace . Instead they got the thoroughbred variant of Ryan Leaf . The Green Monkey could never translate his workout speed into real races , and in his career , he only managed one third - place coating in a measly three beginning . In 2008 , his owners retired him from race to stand at stud . If his progeny love the success that dodge the Green Monkey , he might make some of his satisfying leverage toll back . It will be baffling , though ; right now he only pull in $ 5,000 as a studhorse fee .
“¦But He’s in Good Company
The Green Monkey should n’t feel too bad . The horses he took the " most expensive colt" phonograph recording from did n’t fare much better . Seattle Dancer set the yearling terms disk in 1985 when he endure for a nerveless $ 13.1 million before blend on to make headway $ 150,000 in his five career starts . Snaafi Dancer ’s cut-rate sale in 1983 was the worst investment this side of Pets.com stock ; the first yearling to develop the $ 10 million price patsy never raced — and was sterile .
Cigar Comes Up Empty
Even casual sports fan may call up Cigar , the bay entire who torture up an unbelievable 16 true win from 1994 to 1996 . If Cigar had picked up just $ 187 more during his career , he would have become the first horse ever to give way $ 10 million in race earnings . When the former Breeders ' Cup Classic Champ came up for sales agreement in 1998 , there were more than a few breeders who wanted to get their hand on him .
Cigar sell for $ 25 million and promptly went out to stud to recoup some of that immediate payment . That ’s when breeders discovered a problem : the Equus caballus that some psychoanalyst call " the second - best race horse ever" was unfertile . Cigar ’s raw owner got a record $ 25 million payout on an insurance insurance policy that covered infertility , and the champion stallion is spend the fall of his years at the Kentucky Horse Park ’s Hall of Champions .
