Distorted Humor Share Sold For $450,000
by Dan Liebman
Date Posted: 6/5/2003 1:01:01 PM
Last Updated: 6/6/2003 1:28:34 PM

Distorted Humor's stud value soaring with success of first crop runners.
Photo: Barbara D. Livingston
Since Funny Cide is a gelding, the obvious winner on the breeding side of things is his sire, Distorted Humor. At least one person has already cashed in. WinStar Farm, where Distorted Humor stands, bought a share from Joseph Federico for $450,000.

Kentucky Derby (gr. I) and Preakness Stakes (gr. I) winner Funny Cide is from the first crop by Distorted Humor, who stands at Kenny Troutt and Bill Casner's WinStar Farm near Versailles, Ky. On Saturday he will attempt to become racing's 12th Triple Crown winner.

Current shareholders have the first option to purchase a share put on the market. WinStar, which already owned 14 shares, was the lucky winner in a shake with others interested in purchasing the breeding right.

Distorted Humor, by Forty Niner, stood this year for $20,000. Doug Cauthen, president of WinStar, was recently quoted as saying the stallion would probably stand next year for $50,000 to $100,000. There obviously is no hurry to set a 2004 fee, but the $450,000 share price would certainly validate Cauthen's thinking.

The price of $450,000 for a share would place Distorted Humor's value in excess of $20 million. A Triple Crown completion by Funny Cide would figure to make his value soar even higher.

Funny Cide is one of two grade I winners from the first crop by Distorted Humor, the other being Awesome Humor. He also was recently represented by grade II Peter Pan Stakes winner Go Rockin' Robin.

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