Ashado's Former Owners Establish Scholarship in Her Name

The former owners of champion Ashado, who brought a record $9 million at the Keeneland November breeding stock sale, have established a four-year scholarship in the mare's name for a female college student studying an equine-related subject. The scholarship will be administered by The Race For Education.

Ashado raced for Starlight Stables (Jack and Laurie Wolf), PHS Racing LLC (Paul Saylor) and Johns Martin. When the mare was sold, the owners donated a portion of the sale proceeds to the Thoroughbred Charities of America, with the stipulation that the scholarship money would come from that donation.

The Ashado Scholarship will have the same eligibility requirements as The Race For Education's Thoroughbred Scholarship, in that the student must be majoring in an equine-related subject, including veterinary medicine.

"The Ashado Scholarship is intended to enable its recipient to achieve the high level of success Ashado demonstrated since she first set foot on a racetrack," said Paul Saylor. "We hope that Ashado's unique determination and character will serve as a catalyst for achievement by the scholarship's beneficiary."

Ashado, by Saint Ballado out of Goulash, won 12 of her 21 starts, including seven grade I races. Her earnings of nearly $4 million place her second on the all-time earnings list for female racehorses.

The Ashado Scholarship recipient will be chosen from female Thoroughbred scholarship applicants. Applications for both the Thoroughbred and Horsemen's Scholarships can be found at Completed applications are due February 28, 2006. The Ashado scholarship recipient will be introduced on Kentucky Oaks day at Churchill Downs.