Following our last update, Boppy was shipped to Spendthrift Farm to transition into life as a broodmare prospect. As mentioned, our partners at Spendthrift Farm informed us of their interest in purchasing Boppy from us. The MyRacehorse team had Boppy appraised by three independent consultants in order to develop a fair market value. This process allowed us to develop a baseline to pursue a potential sale rather than waiting until November’s breeding stock sales. The three independent appraisals returned at $52,000, $50,000, and $40,000 (for 100% interest).

Accordingly, we have proceeded with the sale of our 15% ownership of Boppy to Spendthrift Farm based on a total valuation $47,333.33, the approximate average of the three appraisals. MyRacehorse’s 15% ownership value comes out to a total $7,100.

The highest number we received in our appraisals was only $5,000 more than the agreed amount which we believe was more than fair. However, even if under an auction environment if that number was attained, the net sale proceeds would have been in line with the amount we received in this private sale. In an auction environment, 10 percent of the gross sales price would have been paid to the sales agency and consignor, in addition to the minor carrying costs to get her to the sale.

We do not know Spendthrift Farm’s exact plans as of yet in regards to who they will breed her to but we will remain in touch with them on her and her future. We will begin the closeout process for the series and follow up once they are completed.

We have come to an agreement with our partner Spendthrift Farm to ship Boppy to their farm in Kentucky. Following a discussion with Spendthrift and trainer Brad Cox, we decided that running the daughter of Blame in a first-level allowance at Belterra Park was not the best course of action. With five races under her belt and her maiden victory coming at Belterra Park, we feel it is the right moment for her to transition from a racehorse to a career as a broodmare. From a numbers standpoint, our filly would still need to take a decent enough jump forward in order to be a factor. With the purses being as minimal as they are at Belterra, we feel better about sending her off to be a mom as a winner.

When our majority partner Spendthrift Farm who owns 85% of the filly expressed interest we decided to pursue a private sale of our 15% without running her through the sales ring. Three different appraisals have been ordered that will provide us with a fair commercial value on your daughter of Blame. If we are pleased with the median valuation, we will offer Spendthrift the opportunity to purchase out 15% interest as a broodmare prospect for the 2024 season. If we are not comfortable with the valuation we do reserve the right to offer for sale in the November auction. We will report back when we receive the different appraisals with a plan moving forward.

Boppy finished third in today’s maiden special weight at Horseshoe Indianapolis, beaten by 7 3/4 lengths. Similarly to her last race at Ellis Park, your filly did not show enough early speed and was forced to settle in fourth behind the leaders. With a moderate pace (:24.75 for the first quarter and :48.78 for the half-mile), Fernando de la Cruz made an early move but the daughter of Blame did not fire as expected.

With the race being taken off the turf, Boppy did not seem as comfortable on the dirt and was unable to quicken in the stretch once she got in the clear. This was a disappointing effort as we thought she had enough quality to win against this field and we’ll discuss with trainer Brad Cox of a plan moving forward. She will likely return on the turf next time out at Belterra Park or Horseshoe Indianapol

Boppy shipped to Horseshoe Indianapolis and will make her fourth career start in Wednesday’s 5th race, a maiden special weight going one flat mile on the turf for fillies. While this race is open to 3-year-olds and upwards, the field consists of ten 3-year-olds. Following two solid runs at Turfway Park and Churchill Downs, Boppy was disappointing in her third start at Ellis Park and was never a factor in this race. Running at Horseshoe Indianapolis will allow the daughter of Blame to find some sort of class relief which will hopefully result in an improved performance. She has been slated as the third-favorite at 4-1.

Boppy has shown some early speed in her first two starts and would be expected to be contesting the pace on Wednesday. Fernando De la Cruz, who is third in the jockeys’ standings at Horseshoe Indianapolis and will take over riding duties. Good luck to everyone. Post time is 4:46 p.m. ET.

Please note, the Shelbyville area has taken some good rain today but looks to be tailing off later this afternoon. Tomorrow’s forecast looks clear but it will all come down to turf conditions on Wednesday whether or not this race will remain on the turf. If it does come off the turf, we will need to make a decision with trainer Brad Cox regarding if we will proceed running.

Threats:

On Thoro-Manager (see above), #2 Just Say So, #8 Boppy and #10 Tiger Tap are the standouts in the field.

#2 Just Say So (7-2): Knocking on the door at this level against tougher competition, will also look for a class relief shipping to Horseshoe Indianapolis. Fourth consecutive try at the mile distance on the turf, has run some interesting which makes her very competitive in this field.

#10 Tiger Tap (2-1): This Brendan Walsh trainee has been competitive at Gulfstream Park and Churchill Downs in the past. Trainer strikes at 21% at Horseshoe Indianapolis and jockey Declan Cannon at 30%. Difficult to know which of the three fillies has the best shot, but it sure seems one of them will have her first career win.

Boppy breezed a half mile in :48.20 on Saturday morning at Ellis Park while working with stablemate Promise Me a Ride ($400,000 Mastery who won first time at Fair Grounds). Given her last effort over the mile and one-eighth distance, trainer Brad Cox believes we should cut her back in distance as we mentioned immediately after the race but he is also considering sprinting her at the five and one-half furlong distance over the turf at Ellis. With the speed she has shown around two turns, he believes she is handy enough to handle that as well.

There is an extra sprinting on the turf listed on today’s overnight for racing on June 29th along with a flat mile turf option in the next condition book on July 8th at Ellis.

Ellis Park Options:

June 29th: Maiden Special Weight – 5.5F Turf (Extra)

July 8th: Maiden Special Weight – 1M Turf

 

Boppy earned a 69 Beyer Speed for her third-place finish yesterday at Churchill Downs. See above for an updated copy of her lifetime past performances. We will discuss future plans with trainer Brad Cox and partner Spendthrift Farm in the coming weeks but there doesn’t appear to be any reason to not target the same maiden special weight condition right back at Churchill. In a perfect world, finding an option at the flat mile distance would appear most beneficial.

Boppy worked a half mile on Saturday morning at Keeneland in 49.00 seconds (34/100). Brad Cox’s son and assistant trainer Blake Cox said that this was a good move for Boppy and will set up her nicely for a race in the near future. There is a maiden race on April 27th at Keeneland going about seven furlongs (Beard Course) that is being looked at for your filly. If she does not run there, the Cox barn will aim for a race early on during the Churchill meet.

Boppy had her first work at Turfway Park yesterday morning, breezing a sharp half mile in 47.80 in company with stablemate All That. While the 3-year-old filly had a series of works under her at the Churchill Downs Trackside training center, it didn’t take long for her to get acclimated to her new surroundings and the final time of this work is very good for the all weather track at Turfway Park. The Cox team is very pleased with your daughter of Blame. Brad did mentioned she needs to get more acclimated at the gate and still has some work to do there but otherwise is doing well.

Boppy breezed a half mile in 49.80 seconds (19/32) at the Churchill Downs Trackside training center on Tuesday morning. She was not able to work back on her regular schedule over the weekend due to weather as you will hear in the video above. The barn felt she worked good and had her galloping out five furlongs in 1:03.40.

Boppy is expected to transition to Turfway Park in the coming days with assistant trainer Tessa Bisha.