Satish and Anne Sanan's Padua Stables has sold a minority interest in Yes It's True
, currently third on the freshman sire list by progeny earnings and fifth on the overall 2-year-old list, to Robert N. Clay's Three Chimneys Farm. A grade I winner and millionaire, Yes It's True will stand the 2005 season at Three Chimneys near Midway, Ky. He formerly stood at Padua near Summerfield, Fla.
Yes It's True's eight winners include undefeated graded stakes winner Chandtrue, plus additional stakes winner B. B. Best and multiple stakes-placed Yes It's Gold. Chandtrue has won the Hollywood Juvenile Championship (gr. III), Haggin, and Willard L. Proctor Memorial Stakes and earned $182,970. B. B. Best has proved best in the Florida Stallion Dr. Fager Stakes and the Wynn Dot Comma Stakes. Yes It's Gold has placed in two Florida Stallion Stakes for fillies.
"He's off to a terrific start, with lots more promising performers in the pipeline and full books each of his first four years at stud," said Robert Clay. "We are delighted to have landed him, and he's a great fit with our other stallions," Clay said. "He's entirely free of Northern Dancer, Mr. Prospector, Seattle Slew, Secretariat, In Reality, Roberto, and Ribot. You can go just about any way you want with this horse."
"We've not set his stud fee, but will announce his fee with the rest of our stallions after the September sale," Clay added. "Three Chimneys will retain an ownership interest in the horse and will sell a few shares."
The purchase price was not disclosed.
"We'd like to thank everyone in the Florida breeding industry for the tremendous support they have shown Yes It's True over the past four years and we hope they will continue to support him with mares they ship to Kentucky," Satish Sanan said. "We are proud to be associated with one of the finest farms in Kentucky. Padua will always retain the majority stake in Yes It's True and will continue to support him with our mares."
Eight-year-old Yes It's True (Is It True
--Clever Monique, by Clever Trick) won 11 of 22 starts and earned $1,080,700. His 10 stakes wins include a score in the Frank J. De Francis Memorial Dash (gr. I).
Yes It's True, whose yearlings have averaged $109,727 this year, is scheduled to be at the Three Chimneys stallion open house on Friday (Sept. 17).
Yes It's True was bred by George Waggoner Stables, raced for Padua Stables, and was trained by D. Wayne Lukas.