Duke of Love remained on his usual work schedule this morning at Woodbine, covering five furlongs in 1:00.80 (2/3) over the all-weather track. Since this was his second work back following some missed time, Duke picked up the pace nicely.
As previously mentioned, there is a seven furlong allowance race we could consider in early July but at that time we should be able to glance at the new condition book which may have a two turn option.
Duke of Love picked up the pace on Friday morning at Palm Meadows Training Center, covering five furlongs in 1:02.45 over a wet fast track. Your son of Cupid broke off at a very easy tempo and as you will see in the video, was forced to work a few paths off of the inside rail. He stayed on his left lead throughout most of the stretch before flopping to his right lead at the wire. Being his first real five-eighths and doing it over a track that had moisture in it, his lack of lead change is not a major concern but we’ll see how he returns next week with this work now under his belt.
Duke of Love’s work can be seen here. This link leads to an XBTV workout hub. To unlock access to professional workouts, please sign up for a free 1ST bet account if you haven’t already.
Following our most recent update, trainer Josie Carroll opted to wait a little bit longer before shipping Duke of Love to South Florida but we are pleased to report your son of Cupid arrived at Palm Meadows this afternoon. We’ll get with Josie regarding her tentative plan for the coming weeks and report back with an additional update.
Following our most recent update, Duke of Love started tack-walking and improving each week. Trainer Josie Carroll is pleased with his progress and reported that our son of Cupid could ship to Palm Meadows in Florida as soon as next week. We will follow up with shipping arrangements as soon as they are made.
Duke of Love returned to the track at Woodbine and is getting back into a routine. We are still very proud of his performance, as he earned one of the top speed figures for that week. Our team will be checking up on him this weekend and we’ll follow up with content from the track and from trainer Josie Carroll. You can still watch that win in the G3 West Virginia Governor’s Stakes on repeat by clicking here. If you are interested in purchasing an official winner’s circle photo, click here. Congratulations again to all owners and we can’t wait to see what the future holds for our 4-year-old.
Photo credit: Lola Nichol
We have completed our reconciliations of the Duke of Love Financials and did uncover the reserve had been previously overstated. Attached is a breakdown of all revenue and expenses since the inception of the offering and as you will see, the current reserve balance going into last week’s race was actually -$23,012.
For the win, Duke earned net proceeds of $78,050, bringing the reserve back to an almost fully funded state. Since all net earnings went to the reserve there will be no payout for this race. However, now that we are just over 95% funded we are hopeful we can continue and add to the shareholder distributions, which to date have totaled $177,640.
In looking at the lifetime financials there are a couple of interesting takeaways that highlight why the expenses have run a little high on this horse.
Overall, even with higher Canadian race expenses and the tax hit of 2022, Duke of Love has been a pretty strong producer returning $88.92 in shareholder dividends to date, and now has an almost fully funded reserve of $55,037.98 (which represents about $27.50 per share)
Duke of Love worked a half mile yesterday morning with multiple stakes winner Collecting Flatter. The Josie Carroll trained duo stopped the clock in 47.40 seconds, which was the bullet for the morning. Josie Carroll thought this was a good work, but was a bit quicker than what she was looking for.
The latest condition book for Woodbine was released earlier this week and our options for Duke as far as an allowance race are nonexistent. Josie and our team will discuss options out of town. Once a decision has been made, we will follow up.
Duke of Love returned to the work tab this morning, working five furlongs in :1:00.20. Josie Carroll was very pleased with this work, saying that your colt did exactly what she wanted to see this morning. His next race is up in the air at the moment. In the current condition book which runs through June 18th, there is no option for Duke. Josie expects the new condition book to be released in approximately a week and is hoping to see an allowance option in the early parts of the book. If that option falls through, Josie said that she will weigh our options of running out of town on a dirt track on the East Coast.
Duke of Love returned to the work tab at Woodbine today and was reunited with regular jockey Justin Stein. Your 4-year-old colt worked the bullet half mile in 47.60 seconds. Josie Carroll said that she normally would be a bit upset with how quick this work was, but said that Justin never moved a muscle throughout the whole work. Additionally, Josie said that Duke came back to the barn extremely relaxed as if he went out for a gallop.
No race has been targeted yet for Duke, but Josie would like to start him back in a seven-furlong allowance race at the Toronto Oval before beginning to plan out a stakes campaign for the remainder of the year.
Duke of Love arrived back to the Josie Carroll barn at Payson Park yesterday morning. Your 4-year-old colt arrived in great order and had his first day on the track this morning,