Word: colts
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...befits a colt of his stature, Niatross was syndicated last year for a record $8 million while still a two-year-old. The horse quickly acquired a slew of proud parents: 26, to be exact, including the 71-year-old woman who bred him, the trainer-driver who has shepherded his development since he was a weanling, the securities executive who put together the syndicate to manage his stud career and 23 investors. Unfortunately, it is not one big happy family. Niatross's various owners have slapped one another with lawsuits, attempting to gain control over the colt...
...long history of harness racing, there has never been a horse quite like the big bay colt called Niatross. Winner of 30 races in 32 trips to the post, he is the Secretariat of his sport. The fastest pacer ever to pull a sulky, Niatross holds world records for both the racing mile and a mile in a time trial. Last weekend, he won the Messenger Stakes at New York's Roosevelt Raceway by two lengths on a rain-soaked track to capture the Triple Crown for pacers.* Niatross thus became only the sixth pacer in history...
When Galbraith took his strapping (16 hands high) colt to the races, Niatross showed none of the gangliness of youth, winning his first six starts. Enter Stockbroker Guida, a Merrill, Lynch executive who dabbled in harness syndications as a sideline. In September of 1979, Guida bought half-interest in the colt for $2.5 million in cash plus performance bonuses. He quickly recouped that investment by selling 20 shares at $200,000 each...
When bettors looked up his credentials for the Belmont, they discovered that Temperence Hill seemed even further off form after the Withers. He ambled home fifth, eleven lengths behind the leader, in the Pennsylvania Derby. The colt had come in third in his last outing, a simple allowance race. It was hardly a flashy showing-or classy company-for a colt bent on winning the most difficult of the Triple Crown classics. Not surprisingly, Temperence Hill went off at 50-to-l odds. But the Belmont, with its withering distance of 1½ miles and its deep, fatiguing track-compounded...
Since 1940, 27 colts have gone to the post as odds-on favorites; only twelve have come home winners. Last year Coastal blasted out of the field to crush Spectacular Bid's try for the Triple Crown; in 1961, Carry Back was whipped by Sherluck, which paid $130.10 on a $2 bet, the longest upset odds in Triple Crown history. The 1980 Belmont was to prove the same, as Temperence Hill put on a rousing stretch run to sail to the wire two lengths ahead of Genuine Risk. The Loblolly Farm colt returned...