In September of 2008, Robert LaPenta paid $160,000 for a yearling colt from the first crop of Bernardini, the 2006 Preakness winner and 3-year-old Eclipse champion. Five months later, he sold the same horse for $500,000…and he regrets it to this day.
“I bought a number of horses from Bernardini’s first crop, and I made a big mistake with one of them,” he said yesterday at Palm Meadows Training Center in Boynton Beach, Florida. “I’ve been kicking myself ever since.”
The horse he sold would eventually be named Stay Thirsty and go on to earn nearly $2 million as a racehorse, winning both the Travers Stakes and the Cigar Mile.
He’s hoping that the horse he bought yesterday will take some of the sting out of that memory.
Continue reading at Forbes.com…