No Decision Yet on Where Point Given Will Stand at Stud
Updated: Sunday, September 9, 2001 4:17 PM
Posted: Tuesday, September 4, 2001 6:25 PM
Photo: AP Photo/Lennty Ignelzi
Point Given surveys the Del Mar crowd.
Richard Mulhall, racing manager of Prince Ahmed Salman's Thoroughbred Corp., said there has been "a lot of interest" in standing recently retired Point Given at stud but that "absolutely nothing" has been decided regarding the colt's future as a stallion. Meanwhile, Point Given will be paraded between races on Del Mar's closing program Wednesday and trainer Bob Baffert said the son of Thunder Gulch would be shipped on Thursday to The Thoroughbred Corp. farm in Bradbury Estates near Santa Anita.
Mulhall said he will be flying to Kentucky on Thursday in advance of next week's Keeneland September yearling sale and have discussions with individuals who have expressed an interest in standing Point Given. "Something probably will be worked out in the next 10 days," he said. Asked about the possibility of not selling the colt and standing him as the sole property of The Thoroughbred Corp., Mulhall said, "There's more of a chance we'll syndicate the horse with somebody. If we do that we'll keep a big interest in him."
Bloodstock experts have estimated Point Given's value as a stallion prospect as high as $50 million. That would put him somewhere between the $30 million syndication price of 2000 older male champion Lemon Drop Kid, who stands at Lane's End Farm, and the $60-million to $70-million valuation of 2000 Kentucky Derby winner Fusaichi Pegasus, who entered stud at Coolmore/Ashford Farm in Kentucky. Point Given's sire, Thunder Gulch, also stands at Ashford.
Other significant syndications of recent years include 1998 Horse of the Year Skip Away, whose share price put his value at $18 million. Skip Away stands at the Hopewell Farm owned by Rick Trontz, who has a longstanding association with The Thoroughbred Corp.
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