HnR’s Prodigy Doll Wins Impressively in 3rd level Allowance Sprint at Laurel Park

Prodigy Doll Impressive Allowance Win
Prodigy Doll Wins Sprint Allowance Impressively

After a 6 month layoff, Prodigy Doll, owned and campaigned by Hank Nothhaft’s HnR Nothhaft Horseracing LLC, returned to racing on Dec 18th at Laurel Park for the beginning of her 5 year old campaign. Going off as the 9/5 favorite Prodigy Doll put in a strong 2nd place finish in a third level allowance coming up short by 1/2 a length.

Trained by Phil Schoenthal, PD, coming back off a brief 19 days off, comprised a field of 6 filly/mares including Response Time. Response time was coming off a front running 7 3/4 length win. Though Prodigy Doll was the morning line favorite, the bettors sent her off as second favorite at 2 to 1, with Response Time going off as the clear favorite at 1 to 1 odds.

With jockey Horacio Karamanos returning to ride Prodigy Doll, PD broke clean, was pinned on the rail and did not contest the early pace. Under asking, Prodigy Doll came out four wide into the stretch, leveled off, forged to command with her strong turn of foot making up 3 1/2 lengths, then pulling away for a widening two length win.

Prodigy Doll came out of the race in good form. Her record stands at 18 starts, 4 wins, 4 shows, and one place with career earnings of $241,320. PD is a stakes winner and multiple stakes placed. As we plan the balance of her 5 year old campaign we will be looking to burnish her resume with more black type with Graded Stakes black type a primary goal.

Plans for Prodigy Doll (KY) post racing career is to retain ownership and add her to Hank Nothhaft’s successful broodmare band. Prodigy Doll was acquired by HnR via Fasig Tipton sale with Ballysax Bloodstock acting as agent.

Lingfield Park wins first asking on Turf

Video Lingfield Park Maiden Win

Lingfield Park wins one mile 70 yard maiden on turf

Lingfield Park (LP) , PaBRED, colt by Verrazano o/o Move by Silver Train broke his maiden in his 4th career start. Lingfield Park is named after Lingfield Park Racecourse , a horse racing course at Lingfield in Surrey, United Kingdom, to honor HnR’s MGSW mare Living the Life (IRE). Living the Life won the first All Weather filly/mare Sprint Championship held at Lingfield Park April 18, 2014.

Move’s first foal, colt by Verrazano now named Lingfield Park

Lingfield Park is the first foal out of HnR homebred mare Move by Silver Train o/o Be Envied, making Move a 1/2 sister to two accomplished HnR homebreds: Finest City Breeders’ Cup Sprint Champion and Eclipse Award winner and Grand Prix a multiple stakes winner with a career record of 18 starts 4 wins 5 seconds and 4 thirds. Though over shadowed by her two 1/2 sisters, Move compiled a credible body of work, starting 20 times, compiling 2 wins 5 places and 4 thirds. Lingfield Park was foaled at Northview PA by Tim Fazio.

Lingfield Park now standing over 16 hands and and 1000 pounds before heading to training at Fair Hill MD

In conjunction with Carl McEntee, Verrazano was chosen for Move with the plan to produce a commercial PaBRED foal to be sold at auction. Verrazano looked like an exciting new stallion prospect off his race record, standing at Coolmore and phenomenal pedigree being 1/2 brother to Graded Stakes Winning, successful stallion El Padrino and the phenomenal Princess of Sylmar, a PaBred who won 4 Grade 1’s including the Kentucky Oaks with career earnings of $2M+. Princess of Sylmar was sold at auction for $3.1M to Shadai Farm in Japan. Verrazano started out 5th on the freshmen sire list producing graded stakes winners like Seek and Destroy, a MGSW on turf. Surprisingly, at least to us, Verrazano’s U.S. stallion career was cut short by his sale to a syndicate in Brazil in 2019. The sale undermined the commerciality of Verrazano offspring causing HnR decision to keep Move 19/aka Lingfield Park to race.

Lingfield Park wins June 24 2022 Penn National Racecourse Photo By EQUI-PHOTO

Once it was decided to keep Lingfield Park to race, he was sent to Delaware, and then Virginia, to become certified for their thoroughbred incentive programs. A large horse, it took a while for Lingfield Park to round into racing shape and overcome the usual bout of 2 year old ailments. LP did not make it to the races until March of his 3 year old year. After legging up at Eagle Point Farm with Karen Godsey in Virginia, LP was sent to Fair Hill Training Center in Eklton, MD to be trained by Phil Schoenthal.

Fair Hill is one of the best, if not the best locations, to stable and train thoroughbreds. Trainers have access to dirt, Tapeta, and turf trails for training. Think Newmarket UK with dirt facilities. LP has/had plenty of workmates during this process including our homebred 3 yo colt Nimitz. Nimitz has won 3 of 7 and produced performance numbers right on the edge of black type performance levels. LP worked well with Nimitz so we believed he would do well once he got some experience. We also believed that LP is a two turn horse, but ran him short first time out to get some experience and conditioning.

LP then went to two turns on dirt race 2 and 3, finishing 2nd in race 3. Besides distance and surface considerations, races that take advantage of LP’s PaBred status and VA and DE certifications take priority. In May, what looked to be LP’s perfect next race came up at Penn National, a PaBRED restricted race Maiden Special Weight race at a mile on the dirt. Unfortunately, LP came down with a viral infection and had to be scratched from this race.

Once past the virus, and back in training, and another month lost, LP was in need of his next/4th start. This is where breeding, state certification and luck came together for him. Given LP’s pedigree and training on the All-Weather Tapeta track at Fair Hill, Phil S believed LP would do well on dirt, AW and turf, a rare quality. Second, because LP is a PaBRED, LP can be entered in certain maiden claiming races without putting him in for a “tag”. So our entering LP in a $25K maiden claiming race did not represent any decline in our expectations for LP, rather represented the need for a race. Plus HnR as the breeder and owner of LP, is eligible for significant incentives when he wins or hits the board. As it worked out, this plan came to fruition. The winner’s purse was increased for PaBRED winning an open race, the breeder received a bonus, and LP earned the VA winner’s bonus. As a result, the incentives exceeded the winner’s purse for this particular race. LP should race again after a few weeks break. Given his ability to run on three surfaces, LP is a strong candidate to run at least once this summer at Colonial Downs in VA.

Passion Play by Lenny Shulman “Bloodhorse Magazine” 12 January 2019

Hank Nothhaft builds a top breeding program from scratch

BY LENNY SHULMAN
PHOTOS COURTESY OF HANK NOTHHAFT

Nothhaft traded venture technology companies for a career in horses

Nothhaft-bred Finest City, winner of the 2016 Breeders’ Cup Filly & Mare Sprint

ELEVEN YEARS AGO VENTURE· TECHNOLOGY COMPANY CEO
Hank Nothhaft looked at himself in the mirror and realized that, after three decades, he was los­ing his passion for his work. He needed a new challenge, one that satisfied his all-encompassing, adrenaline-driven, compulsive lifestyle.

               Hello Thoroughbred breeding and racing.

A decade of immersion into every­ thing horses has yielded significant results for the 74-year-old Nothhaft, a native of Pennsylvania who has traveled the world in both his military and civilian lives. Under HnR Nothhaft Horse Racing (the “R” coming courtesy of wife Randie) Nothhaft has bred Breeders’ Cup Champion Finest City, multiple graded stakes winner Daddy ls a Legend , and multiple stakes-winning homebred Grand Prix. He has also campaigned multiple graded stakes winner Living The Life and multiple grade 2-placed stakes winner Kindle, and has specialized in purchasing modestly­ priced stock that has gone on to perform on the racetrack and in the breeding shed.

There were no horses or racing in Nothhaft’s youth in Sharon, Pa ., between Erie and Youngstown, although today that area is littered with race tracks that didn’t exist decades ago. Nothhaft graduated from the United States Naval Academy and served in Vietnam , achieving his MBA in information systems technology after he exited the military. He assumed ownership of a series of tech companies, which

Nothhaft with Finest City at the 2012 Keeneland November Sale

took him from Washington D.C., to Dallas, and eventually to Silicon Valley in Northern California. There, the racing bug  bit him on friends-and-family outings to Bay Meadows.”   We loved that place, and I developed a positive view of horse racing,” noted Nothhaft. “I was going back and forth to England quite a bit , and read all the Dick Francis novels on those trips, and began going to race tracks like Lingfield, near London, and really enjoyed it. ”

Those good feelings persuaded Nothhaft to take up the challenge of trying to survive in the horse industry, initially as an owner .

“I analyzed a bunch of different industries, and I ended up with Thorough-hred racing,” he said. ” I do look back and chuckle at my naivete in thinking I could do what has subsequently occurred.  I love the competition and the immediate feedback you get on your decisions .

“What I find appealing is you can immerse yourself in the data side of it. I always had a dashboard on any company I was running and loved to throw myself into the statistics and analyze the company in as many ways as possible. So when l started looking at pedigrees and bloodlines, I thought,  ‘Wow, that amount of data is perfect for an insatiable appetite like mine.’ ”

Nothhaft did his homework. He attended seminars put on by the Thoroughbred Owners of California, watched BloodHorse videos on conformation, read books, and then went out and raced some cheap claimers in Northern California, seeking to have fun, enjoy the competition, and hopefully break even. ‘The plan didn’t work well, and Nothhaft used the economic meltdown of 2009 to liquidate his stock, learn from his early mistakes, and start over again.

With the benefit of advice from Gary Mandella and Mary Knight, he began buying better Cal-breds. Chalking it up to “dumb luck,” he bought Randie’s Legend at auction for $ 43,000 in 2008 .

She would go on to produce Daddy ls a Legend. But Nothhaft turned the corner when he decided that Pennsylvania offered more opportunity than did the situation in California. He enlisted Carl McEntee to help buy bloodstock and the operation clicked. Nothhaft grabbed Kindle for  $50,000, Be Envied for $37,000, Living The Life for less than $50,000, and Halljoy, who would become group stakes -placed. for $150,000 . All became valued members of his broodmare band, with Be Envied producing Finest City and Grand Prix.

“Hank came to realize that buying more-commercial broodmares was the most productive place to be, and safest to work within,” McEntee noted. “We’ve had good success and have made smart decisions on our breeding selections, which we both spend a lot of time on. ‘There’s luck involved, because this is the ‘Thoroughbred industry, and there are no certainties. But the harder you work, the luckier you seem to get.”

‘Today, Nothhaft’s 10 broodmares produce Pennsylvania-breds after being bred to Kentucky stallions, and he him­self is on the board of the Pennsylvania Horse Breeders Association.

“One of the side benefits of getting into horses is that I’ve reconnected with my home state,”  he said. “I’ve traveled the world, lived for three decades in California (today he lives in Austin, Texas) , and came back to my roots; in Pennsylvania.  I’ve won the Presque Isle Downs Masters Stakes (G2) twice. Where other guys have Kentucky Derby fever, I want to get a PABRED to win the Masters,” which has never happened . It takes all kinds of people, right?”

Most of the mares Nothhaft owns today either raced for him or were bred by him, the notable exception being Sulis, whom he bought specifically to breed to Silver Train, a stallion Nothhaft bought and stood in Pennsylvania, hut who died after just two years. Having paid $105,000 for Sulis, a daughter of Maria ‘s Mon, Nothhaft proceeded to sell weanlings  out of her for $250,000, $130,000, and $ 220,000 within four years.

Nothhaft with his grandchildren at Golden Gate Fields

Nothhaft with Living the Life UK All Weather Champion and 2 times winner Masters Stakes Gr2

As legendary Kentucky horseman Robert Courtney used to say, that’s how you make money in this business.

Because the Pennsylvania incentive program is going well, Nothhaft said he might increase his mare population to 15, but generally he is concentrating on improving the quality of the band rather than increasing its number.

“Carl and I made a decision not to take the risk of raising them to be yearlings .” Nothhaft said of his early preference for selling weanlings . “At least until now. The yearling market is crazy right now so I’m not unhappy to hold onto them another year because the financial advantage is shifting that way. That hasn’t always been true.” That updated strategy comes in part from the American Pharoah-Kindle weanling colt Nothhaft sold for S400,000 who was pin hooked by Peter O’Callaghan and sold for s2.2 million at last September’s Keeneland yearling auction.

Kindle and Kindle 17 who became the most expensive American Pharoah sold so far at $2.2M

Nothhaft supported McEntee during the latter’s time at Darby Dan Farm and has helped bankroll McEntee’s move to open Ballysax Bloodstock, which now consigns the Nothhaft-breds.

“Carl is all energy and is a hard worker,” said Nothhaft. “In his first year in 2018 he’s had good-quality consignments and gotten good results.
“Hank is an incredibly passionate man who has to have something to d rive him and I’m the same way,” noted McEntee.”He’ll call me at 4 or 5 a.m. his time to talk. He knows only one speed, and that’s 100 mph .”

Nothhaft’s single most notable day in the business came on Nov. 5, 2016. when the Breeders Cup Filly & M are Sprint (G 1) was run at Santa Anita Park. The Nothhaft-owned Living The Life, who had won the Presque lsle Downs Masters in 2014 and 2015 and the All American Stakes (G3) in 2016. was slated to compete against the Nothhaft-hred Finest City, whom the breeder had sold as a weanling in 2012 for $50,000.  ‘·My wife and l and other family members were planning to go from our home in Saratoga. Calif. Nothhaft stated. “Then a week before the race,  Living the Life came up lame and had to be retired. I was so bummed out I had a knee-jerk reaction to give my tickets away. So we watched from home. I bet heavy on Finest City  and when she won. there was an eruption . My phone started going crazy, so there was a lot of recognition of our connection to the horse. But l felt silly watching Gary Mandella accept our trophy.”

In the past, Nothhaft annually compiled what he now calls a “fantasy list ” of stallions for his mares, where he and McEntee would generate a roster of studs that fit his mares although they knew they wouldn’t he able to get to those stallions. Today, it is a different story.

“Now that I have better mares. we know we’re able to get to all the stallions on our list this year.” said Nothhaft. “So we’re not playing fantasy football anymore.” Nothhaft bought back a Pioneer of the Nile-Kindle weanling colt in November 2018 on a final bid of $375,000. He .also kept an American Pharoah-Halljoy year­ling filly who RNA’d for $335.000. Those babies are indicative of the quality of stallions to whom he now sends his mares.

“This is a very faddish industry in my opinion,” he stated. “So going to American Pharoah in his first year-if you pick the right first-year stallion it can be a bonanza when you’re selling the progeny. Certainly American Pharoah was a good pick. So we do use some select first-year or young stallions, we call ‘Living the Dream stallions.’ They don’t have anything running yet, or at least won t before (the progeny) sell.

“As far as more proven stallions, we’re not generally going to the heavy hitters such as Tapit, Candy Ride, Into Mischief, and so on. When I was starting out, I bred to Tizbud. a full brother to Tiznow.  Now, I love Tiznow, who is one of the less expensive studs I go to today, so that highlights where I started and where I’m at. But I’m also smart enough to know the minute you think you’ve got it all figured out, you’re actually really stupid because the gods are about to come down and chop your knees off. So I keep my feet on the ground.”

Said McEntee, “Hank is unlike most business people who come into the horse industry, where they tend to lose all of their previous business acumen. Hank has maintained the smart decision-making that got him to where he is.”

Nothhaft has worked diligently to try and help ensure that the Pennsylvania incentive program remains on sound footing, although that has proven to be a tricky enterprise in the past. ”Pennsylvania has had a great program for years,” said Nothhaft, “except that the state (government) kept coming up short on funds and taking money away from the breeding program for the general fund. As a breeder, you never knew what was going to be there going forward. What we’ve done is put  the program in a trust; while that can still be broken, there is a significant penalty for the state if it decides to take funds away, so we feel more comfortable going forward.

“The number of foals is increasing in the state. There are new sires and brood­ mares showing up, and the quality of the talent you need is increasing. We know New York-bred and Cal-bred races are tough, but Pennsylvania isn’t a lay-up, either. But it does run between 400 and
500 races a year for state-breds, and if you have a decent horse, you can find a level at which to race and have a good chance of earning some money which is attractive.” ‘ The man on the street- which I con­sider myself- who doesn’t have 200 horses can realistically breed Pennsylvania-breds and sell or race them with the anticipation of a reasonable financial outcome. That’s the world I thought I was getting into way back at the start.”

A dose of naivete represent standard equipment for those seeking entrance to the Thoroughbred industry as a business proposition . And the addition of successful business people such as Hank Nothhaft to its ranks swells the legitimacy as well as the feasibility of this world of horses. He has embraced a challenge far too puzzling for most; entered on the ground floor and built a sturdy operation upward despite knowing nothing about its workings when he started. That horses can rekindle this sort of passion in a person of substance such as Nothhaft is a huge positive.

“l have been retired from the tech world for three or four years now, and I thank God every morning that l got involved in the horse business because it so satisfying,” he said. “It is extremely difficult, so when things do go right, the satisfaction and the adrenaline and the good feeling you get is so significant that it’s worth all the effort. “For a small guy like me, you have to work really hard to have something good going on, and when it does, it keeps you in a good mood for a while and you re­ally have to inhale the happy fumes and the success . You have to ride over what I call th e Valley of Despair to keep your self going and motivated if you’re passionate about it.”■

Nothhaft finds thrills in the Thoroughbred Industry

 

INTERVIEW Bloodhorse Daily “MarketWatch” 

Sept 28, 2018

By Meredith Daugherty

twitter  @BH_MDaugherty

Ten years ago, Hank Nothhaft founded HnR Nothhaft

Horse Racing and dove into the world of

Thoroughbred breeding, racing, and sales. Blood-

Horse MarketWatch spoke with Nothhaft about what

sales mean for his operation, how the state of the market

affects breeders, and what the industry can do to

help ensure continued success at all levels.

MarketWatch: How did you get your start in the

industry?

Hank Nothhaft: After graduating from the (U.S.)

Naval Academy and serving in the Marine Corps, I

became a startup technology executive. I ended up

as the CEO of five venture-backed, high-tech-based

startups in the telecommunications business. It’s a

high growth environment; I call it adrenaline-driven.

Looking over the horizon and going from being

the young bull to the old bull, I realized that even if

I wanted to go on forever, I had to be realistic. So I

systematically decided to start a business that would be

a viable alternative to being a CEO that I could run in

retirement and have a lot of fun with. To have the same

sort of thrills I experienced in the business world. So

in 2007-08, I stuck my toe in the water of the industry

and have proceeded from there via the school of hard

knocks, trying not to make the same mistake twice.

We’ve had a lot of tumult in a short period of time

because of the significant financial recession that

occurred in 2008. I got started just before that, and

I had made some calculations that turned out to be

not very accurate, but because I was a financial expert

when the collapse occurred, I took advantage of that

situation to do what I call a “restart round” and push

aside the things I had done incorrectly to try and have

a more successful path. I certainly had the satisfaction

of enough good things happening that my adrenaline

addiction has been satisfied.

MW: Were you familiar with the industry at all

when you made your transition?

HN: I had no direct connection with the horse

racing industry whatsoever when I started, but I get up

most mornings very thankful that I made that fateful

decision to get involved. My wife and I were very casual

fans, so that was certainly part of it. The other part was, I

went to Europe frequently and I was addicted to reading

Dick Francis novels, and I would carve a day out here or

there to go to tracks within easy rail distance from London.

I had a romanticized view of the British horse racing

industry, but as silly as that sounds, it 

did play a part in my decision.

 

Hip 91, 2018 Keeneland September Yearling Sale

The American Pharoah colt consigned as Hip 91 at the

Keeneland September Yearling Sale

 

MW: Ten years after forming HnR NothhaftRacing, how did you feel

about watching the American Pharoah—Kindle colt that you sold

as a weanling for $400,000 sell for $2.2 million as Hip 91 at this year’s

Keeneland September Yearling Sale.

HN: It was a great time. I derive a lot of satisfaction from those

moments, and it doesn’t have to be a big monetary achievement. I think

the sale was fantastic. I think it was like a Hollywood script that we had

the first yearlings from a Triple Crown winner, and we

had Sheikh Mohammed there for the first time in 10

years. We also had the Coolmore/Godolphin détente in

place and a phenomenal stock market going, a new tax

bill, new players in the industry, a global marketplace …

what could be better than that? The results of the sale

are unequivocally outstanding.

MW: What was special about that colt that you

remember from your time with him?

HN: I paid $50,000 for his dam, Kindle. I had a

tremendous relationship with the horse, spent a lot of

time with her when she was racing, and she was our

first stakes winner. She has the greatest disposition.

The reason I was able to buy her was that she was a

bit short. I moved her to Kentucky because regional

sires are not really commercial, but I breed all my

Pennsylvania mares in Kentucky, and they’re all foaled

out in Pennsylvania.

With Kindle, and a handful of really commercial

mares, I’ve been producing Kentucky-breds, but

mostly I have Pennsylvania-breds. No one knew with

her what kind of foal she’d produce, but she’s a robust

mare. With American Pharoah, I was lucky to have a

couple mares that were good enough to be accepted, so

I bred Kindle to him. From the get-go, she produced

an exceptional foal. Almost perfect. He’s the proudest looking,

most balanced horse, and I love the streak of

lightning blaze on his face. He was the prime candidate

to sell as a weanling. My reserve was $400,000, and it was exactly on

the nose.

I’m so excited for the horse, because I’ve heard rumors that they’ll

ship him to the United Kingdom.  Assuming that’s the case, the top

folks in the Sheikh’s operation will get a good look at him and then

put him in a position somewhere in the world to be as successful as

possible. My great hope would be that he works out as a dirt horse and

that maybe he could be the Sheikh’s Kentucky Derby (G1) horse.

The one thing I realized by selling horses is that they

end up in better hands than mine. People with better

contacts, more money, and better resources than my

own. There couldn’t be anyone that meets that criteria

better than Sheikh Mohammed. When you sell them,

you set in motion a chain of events that could never

have occurred had you retained ownership yourself.

I bred Kindle to Pioneer of the Nile, and I have this

phenomenal Pioneer of the Nile colt. He’ll be in Book

1 of the Keeneland November Breeding Stock Sale.

I also had Hip 1 in the (September) sale. She was an

RNA, so I have entered her in the Fasig-Tipton October

Yearling Sale (as Hip 624). I want to try to capitalize

on the current market demand for quality American

Pharoah bloodstock. I am confident that given a better

position, she will be a standout in this sale. If not, we

are certainly prepared to keep and race her, as she is a lovely filly.

“When you sell them you set in motion a chain of

events that could never have occurred had you

retained ownership yourself.”

—HANK NOTHHAFT

 

MW: From a breeder’s perspective, what did you

think about the Keeneland September sale and the

quality of the yearlings being offered?

HN: In terms of the sale’s success being a mark

of our industry turning the corner from the market

downturn, the thing that I really look at as a breeder

is, how many horses are being bred? The last numbers

that were available are not super encouraging. We kind

of flattened out more or less three or four years ago,

and we haven’t really turned the corner. Kentucky has

gotten back to where they were 20 years ago, but if

you look at what percentage of horses that represents,

they’ve gone from being 35% of the horses bred in the

industry to somewhere around 55%. That means, likely,

if you look at each state, all the other states have had

significant declines.

I look at those bigger states that have had a tradition

in the horse racing business, and some of them are

at a third of where they were, some have all but

disappeared. So coming out of the sale, I think the thing

is that the industry will have really turned when the

horse population responds or we reduce the amount of

racing that is taking place, because there aren’t enough

horses to feed the engine we currently have.

I think you have to look at the sales and look at the

later books and see how many horses are being sold at

a loss. You have to ask yourself, “Why and how could

this sustain itself if there are people who are breeding

and losing money?” And they can’t continue to do that

indefinitely. I think one of the bright spots can be state

incentive programs like in Pennsylvania, where I’m

involved. You can breed a reasonably competitive horse

there, keep it, race it, and make money and have fun,

or take it to a sale and maybe it sells at a loss, but if

the owners race it, then you can actually break even or

make a profit.

What’s kept me happy and in the game is that I’m

treating this like a startup. I’ve been bootstrapping and

reinvesting what I have back into the business to grow

it, and one of the big things that has helped me do that

is the state incentive program. Relative to my needs,

it’s generated a lot of cash that’s helped keep me in

the game. I can tell you without breeders, there is no

industry. Period.

If the industry wants to maintain the broad racing

schedule they have, they’re going to have to inevitably

produce more horses. Eventually, it has to be profitable,

or at least help people break even, for breeders and

enthusiasts to get into the game. I do know a lot of

people took mares out of service in smaller states, so we

need those to come back in.

MW: Do you think the market can continue the

trajectory it has taken this year?

HN: There are hard-core, central players in the

Thoroughbred industry, and those non-newcomers

are not that affected by the stock market and non discretionary

income. They are to a certain extent, but I

think the U.S. economy is in a sweet spot, and the only

thing that could upset the apple cart in my mind would

be the federal reserve  increasing interest rates too

fast and somehow cutting off this really perfect scenario

we’re seeing in the economy.

My view right now is that we’re solid in the U.S.

I think other countries will adopt more pro-growth

strategies (for) their economies, and that will provide

even more underpinning to the industry. The other

side of the coin, however, is that with breeders, some

other countries have the same problem I proposed that

we have. I think they’re thinking, for example in the

U.K., of putting together a type of incentive program.

Hopefully, breeding numbers start reflecting that

programs are working here in the states.

The top end and the middle market are much higher

than they were. People have got to bid higher for horses

than they would have had to previously. I think what is

true is that people had to bid more money because you

have more money chasing the same number of horses.

The thrill of owning a horse and being involved in the

industry is fantastic. If people were more exposed to it,

many people would want to do it. BH

 

Regrouping year is latest good one for Nothhaft

By Emily Shields  
Originally published “PHBA September 2018 Newsletter

Finest City Weanling Keeneland

“Horse racing has taken me some places that I certainly would have never imagined,” said Hank Nothhaft. It rings as an ultimate understatement.

The longtime business tycoon only got into the sport as a means to an end, pursuing racing when he realized he wouldn’t be able to continue his success in the corporate world forever. “As you get older, you think about the next chapter,” he said. “The people working for me were younger and younger, I guess because I got older. Towards the end of my career it was a 40-year dichotomy between the average workforce and myself. It’s such a high energy game that I realized I couldn’t do it forever, even if I wanted to.”

Grand Prix Inside Rail Teressa Garappolo Stakes @ Pennsylvania Day at the Races

Nothhaft feared what would happen if he was suddenly forced to retire via company acquisition, and have nothing to do. “I very consciously decided I needed to get something going on the side, something as satisfying as being a CEO to high growth companies, handling hundreds of millions of dollars. It’s an adrenaline junkie life; I needed something like that.”

Nothing spurs excitement more than horse racing, which can be a fast-paced numbers game. “It would fill my need for analytics, data, and the adrenaline rush, and I could do more with less than the other guys who had more money,” Nothhaft said. But his first attempt – running horses in Northern California – didn’t succeed.

Be Envied by Lemon Drop Kid o/o While Rome Burns Produced Finest City, Grand Prix and Move while owned by HnR Nothhaft Horseracing LLC

The economic crisis in 2008, “crushed all the discretionary money endeavors,” and Nothhaft realized he needed to change his business model. “I hadn’t gotten involved with the right people. It became clear that there was no viable business opportunity running claiming races in Northern California. I got aggressive and unloaded all the horses I had; I ended up with two horses that I couldn’t place successfully.”

One of those two was Randie’s Legend, a Benchmark half-sister to stakes winners Eternal Rule and Frumious. “That’s turned out to be a great story,” Nothhaft said, but another great story unfolded first.

Randie’s Legend Northview PA

“I realized I needed to find more attractive financial footing if I was going to make a go of it,” Nothhaft said. He met Carl McIntee, who lured him out to Pennsylvania several times before Nothhaft decided the state breeder incentives were exactly what he wanted. He purchased the mare Be Envied in foal to City Zip and became the breeder of record for Pennsylvania-bred Finest City. Nothhaft sold the “quirky” filly for $50,000; she ended up in the barn of young trainer Ian Kruljac.

“I’m absolutely convinced if she had gone into a big stable she would have been lost in the shuffle,” Nothhaft said. “With the idiosyncrasies of her personality and the minor physical difficulties she overcame, it was a blessing that she ended up where she was.” That’s why Nothhaft has no residual regret about Finest City going on to earn $1,266,394 and winning the 2016 Breeders’ Cup Filly and Mare Sprint-G1.

And he still has something from the family, being the owner of stakes winner Grand Prix. The four-time winning Pennsylvania-bred was injured earlier this year, but is back in training at Keeneland with Ben Colebrook. “She’s got dirt and Tapeta to train on there,” Nothhaft said. Another half sibling, the winning Silver Train mare Move, was bred to Verrazano this year.

The predominant reason that Grand Prix hasn’t been retired is because Nothhaft considers it a life goal to win the Presque Isle Masters-G2 with a homebred. He’s already won it twice with Living The Life (Ire), who scored in 2014 and 2015. She missed by a head in 2016. “People want to win the Breeders’ Cup, etc., but my realistic goal is to win the Masters with a Pennsylvania-bred. I’m hoping that will be Grand Prix.”

Daddy is a Legend Weanling KY

With so many horses on the sidelines or back in training, Nothhaft notes that this is a “regrouping” year for him, but one horse he bred is tearing up the turf.  Randie’s Legend, one of the mares he couldn’t sell when leaving California, produced a Scat Daddy filly in 2015. The Pennsylvania-bred Daddy Is a Legend was sold for $140,000 as a weanling, and now races for Jim and Susan Hill and trainer George Weaver.

She won the Jimmy Durante Stakes-G3 at Del Mar as a juvenile, and added the Lake George-G3 at Saratoga on July 20.

Daddy is a Legend wins the Grade 3 Jimmy Durante @Del Mar Turf Club

In between, Daddy Is a Legend was fourth in graded stakes races at Keeneland and Belmont, and third on the Kentucky Oaks undercard at Churchill Downs. That race, the Edgewood Stakes-G3, was run in a driving rain where Daddy Is a Legend missed the victory by a half-length behind Toinette and Breeders’ Cup winner Rushing Fall. She once again followed Rushing Fall home in her most recent effort, when third in Saratoga’s Grade 2 Lake Placid on Aug. 18.

“The fickleness of horse health is so fleeting,” Nothhaft said. “I had to be prudent and sell some of my horses, otherwise you’re not putting a lot of money back. I’m obviously tickled pink that Daddy Is a Legend got into such fantastic hands. She has proven the commerciality of Randie’s Legend and rewarded my loyalty to her.”

1st The 32Red.com All-Weather Fillies’ And Mares’ Championships Conditions Stakes at Lingfield 18/4/14 O: Mr Henry R. Nothhaft T: Phil McEntee J: Adam Kirby

Hank Nothhaft purchased future star, Living The Life (Ire), in England in 2014

Randie’s Legend has a City Zip yearling colt and a Tiznow weanling filly, both of which Nothhaft still owns. The mare has been bred back to Candy Ride (Arg) for 2019.

“Pennsylvania has been really good to me,” he said. “I’ve figured out how to have success here whether I own them or sell them to others. It’s a fantastic program.” Fielder, who Nothhaft bred but is racing for Waldorf Racing Stables LLC, won the Marshall Jenney Stakes at Parx on July 21. He finished second in an allowance race against open company at Laurel Park three weeks later.

Nothhaft, who recently broke an ankle and tore his meniscus in a stairwell accident, will be out of action for a while but has plenty to keep his mind occupied. “I have 10 brood- mares, roughly 15 horses on their way to the track, and six or seven in training.  Right now, I don’t have any horses that I own that I didn’t breed. They’re all homebreds. I’m not in any partnerships with anybody. I’m striving for quality, not quantity. This whole sport has kept me grounded and headed in a positive direction.”

 

 

 

 

 

 

 

 

 

 

 

 

Winning at Anything

Excerpt from FEATURE ARTICLE

United States Naval Academy Shipmate Magazine July-August 2018

HOW TO WIN AT ANYTHING

By Erin Peterson

It’s no secret that Naval Academy alumni tend to be high achievers. Few institutions can count senators, astronauts, Olympians and Paralympians among their ranks.
No matter what Academy alumni pursue, they routinely earn the highest honors in their chosen fields.
But even the best can always get better. That’s why we’ve talked to some of the most accomplished alumni—in business, sports, health and other fields—and asked them what gave them an edge. They share some of the highs and lows of their life’s work and some of the mindsets and strategies you can use in your own life to get to the next level in the projects that are important to you.

ON TRANSLATING SUCCESS
Hank Nothhaft ’66 breeds and races thoroughbred horses.

Hank Nothhaft with Karakorum Fugitive at Northview PA,

Hank Nothhaft ’66
After decades as a successful technology executive and entrepreneur, including CEO and chairman of Danger, Inc., Hank Nothhaft could have coasted into retirement. But he wanted more than a future that included endless rounds of golf. He wanted to find a post-career passion that would
business,” he said. (Among the metrics one might analyze? Jockey performance, horse diet, weather, track length and racing patterns.)
Before he took the plunge, he did deep and careful research: he subscribed to magazines, bought and read a library’s worth of books, attended seminars and wrote a business plan. He was ready. And in 2008, he officially launched HnR Racing.
Nothhaft knew he could sift through the numbers to find

allow him to do what he did best: crunch numbers.
The data-loving CEO cast about for a sports-themed idea—he briefly considered starting an auto racing team— and eventually settled on thoroughbred breeding and racing.
The decision wasn’t as surprising as it seemed. “Any data and analytical person can die and go to heaven in the horse-racing
advantages. He also saw an opportunity to leverage some of the approaches he’d used in the tech world to give himself
18 SHIPMATE • JULY-AUGUST 2018an edge in the equine one. For example, he’d often used stock options and equity to motivate employees in his companies. He found similar ways to link compensation and performance to motivate the men and women who helped raise, train and

race his horses. “The biggest thing was that I wanted to treat people the way I would want them to treat me—or the way I would want them to treat my children,” he said.
While he admits he got off to a rocky start by making poor personnel decisions, he’s gone on to see significant success.
He is the owner of Living the Life, a horse that has more than
$1 million in lifetime earnings, including a 2014 victory in the United Kingdom’s All-Weather Filly and Mare Championship, and bred Finest City, Breeders’ Cup Champion. Other horses under the HnR banner have won multiple highly competitive stakes races.
HnR now has more than 30 horses across the country in its portfolio. These days, Nothhaft said the greatest joys of his
work run deeper than data. “When I started off, I bought horses. But over the years, I’ve gotten much more immersed,” he said. “I bred the mares to get the foals that are racing for me. And the more involved with the horses that I’ve gotten, the more internal
satisfaction and pride I feel. It’s emotional to see the success of something you’ve helped create.”[Winning Mentalities]
LEARN FROM YOUR MISTAKES:
“When you’ve had success in other areas, it can give you a false sense of confidence. I know I made a series of bad decisions starting out, and that was humbling.
But rather than give up and try something else,
it’s important to learn the lessons and correct bad choices.”
—Hank Nothhaft ’66

JULY-AUGUST 2018 • SHIPMATE 19

A tale of two legends

Photo Randie’s Legend Northview PA

by Emily Shields

Published in

PA Thoroughbred Newsletter / Mid-Atlantic Thoroughbred Magazine February 2018 Issue 

The victory by Daddy Is a Legend in the Jimmy Durante Stakes-G3 was the culmi­nation of 10 years of perseverance by her breeder, Hank Nothhaft. He believed in her dam, Randie’s Legend, despite her frustrating history both at the track and in the breeding shed. Now Daddy Is a Legend has earned$107,910 in just four starts for owners Jim and Susan Hill.

Daddy is a Legend Margaux Farm KY
Photo Carl McEntee

Randie’s Legend, a California Bred by Benchmark out of the Gold Legend mare Eternal Legend, cost Nothhaft $43,000 at the 2008 Barrett’s October Yearling Sale.  Although Eternal Legend never raced, her dam Eternal Search was a three-time Sovereign Award winner in Canada.

Eternal Legend had already produced the horse that would become Grade 2 winner Frumious, and one year after Eternal Legend would throw graded stakes placed stakes winner Eternal Rule, who won six of seven starts lifetime, three of them stakes.

“When I bought her she had a good page befitting a $43,000 Cal-bred yearling purchase” said Nothhaft. “Over the last 10 years it has become an exceptional page befitting that of a graded stakes broodmare producer”.

Nothhaft put Randie’s Legend in training, but she ultimately never made it to the races. “The purchase was mainly made to get a horse that could be competitive racing at Golden Gate Fields, which was my horizon at that time,” Nothhaft said. “She was extremely fast and often worked the bullet, but her running  style was hard on her knees. She had a series of minor physical issues that prevented her from making it to the races as a two through four-year-old. On the advice of a vet… I retired her unraced, uninjured and completely sound”.

Nothhaft owned a share in dual classic winner Smarty Jones, who stood in Pennsylvania and nicked well with Randie’s Legend. The resulting foal Smarty’s Legend, is a two­ time winner of $57,086. After the mare was barren in 2013, Nothhaft spent time delving deeper into her pedigree.

“From 2010-2012, Randie’s Legend’s pedigree improved by leaps and bounds under the first dam, Eternal Legend”. Frumious and Eternal Rule were showing their mettle on the track, but the second and third dams were producing as well. “The rest of the pedigree was extremely active as well with graded stakes performers like Volcat, This Ones for Phil, and Smokey Fire,” Nothhaft said. “Even more surprising, if not downright amazing, Exaggerator- winner of the Preakness Stakes in 2016- materialized under the third dam. ”  Nothhaft’s bloodstock agent Carl McEntee offered the advice of “upgrading the stature of her breeding mates.” In 2014, Randie’s Legend produced a Stormy Atlantic colt Nothhaft sold as a yearling at the Fasig-Tipton Kentucky October sale for $115,000. Daddy Is a Legend, a daughter of Scat Daddy, came next.

Daddy is a Legend October Weanling

Cavalier Bloodstock purchased the Pennsylvania bred filly as a weanling at Keeneland for $140,000. She was resold 10 months later at the 2016 Keeneland September Yearling Sale for $160,000 to Jim and Susan Hill of Margaux Farm.

Daddy is a Legend heading to work out
Photo Amanda Motz

Daddy Is a Legend went into training with George Weaver and debuted Aug. 6 at Saratoga. Her eventful debut included striking the gate as she broke and a wide trip around the second turn. Daddy Is a Legend finished fifth, but showed encouraging promise.

In her second start, a 1-mile grass race at Belmont, Daddy Is a Legend faced the highly regarded Rushing Fall. The two kicked away from the field in the stretch, with Rushing Fall eventually prevailing on her way to an unbeaten season, capped by a victory in the Breeders’ Cup Juvenile Fillies Turf-G1. “Most people don’t realize that she gave Breeders’ Cup winner Rushing Fall the biggest challenge in her unbeaten career,” said owner Jim Hill.

At Keeneland in October, Daddy Is a Legend went off favored in a 9-furlong contest for juvenile fillies. She won by 2¾ lengths under Joe Bravo, showing her talent on one of racing’s biggest stages. Nothhaft pointed out that the filly earned, “the coveted designation as a TDN Rising Star” with the victory.

Daddy is a Legend wins the Grade 3 Jimmy Durante @Del Mar Turf Club

As if backing up that honor, Daddy Is a Legend returned in the one-mile graded Jimmy Durante Stakes. With a $102,415 purse, over Del Mar’s turf Nov. 25. She was favored once again, broke 10th in a field of 12 , steadied twice around the turn, and still rallied to win by a length over Data Dependent.

Daddy Is a Legend is currently wintering at Margaux Farm in Kentucky, enjoying a break before tackling a spring campaign. “For our next start for Daddy Is a Legend, we are aiming to the [Grade 2] Appalachian Stakes at Keeneland in April,” Hill said. “We obviously have thoughts beyond that, but horseracing really is a one race at a time game. Arguably you could make a case for Daddy as the second best 3-year-old turf filly in North America.” In the Appalachian, Daddy Is a Legend may meet rival Rushing Fall once again. “It could be a very exciting race,” Hill said. “Not surprisingly, we are very excited with this horse.”

Randie’s Legend was bred to Violence but did not catch, then produced a Pennsylvania bred City Zip colt last February that has been named Belleau Wood. ” We made a decision to keep the City Zip colt to race before Daddy Is a Legend emerged,” Nothhaft said.

Randie’s Legend is due to produce a Tiznow foal this spring, and will be bred back to Candy Ride (Arg). With two winners, one a stakes winner, from two foals to race, Nothhaft is thrilled that his dedication to Randie’s Legend paid off.

 

 

 

Daddy Is a Legend delivers in G3 Durante for Nothhaft

 

Article by Ben Gowans  Appeared in the January Issue of Mid-Atlantic Thoroughbred Magazine

Mid-Atlantic Thoroughbred Magazine 

Hank Nothhaft is no stranger to seeing his Pennsylvania-breds succeed in Southern California.  

Nothhaft, a native of Pennsylvania  and a resident of California,  is the breeder of 2016 Breeders’ Cup Filly and Mare Sprint-G1 winner Finest City.  Although Finest City couldn’t repeat this year at Del Mar, another filly bred by his HnR Nothhaft Horse Racing achieved graded success where the surf meets the turf in November.

“You talk about a turn of foot, whoa,” Nothhaft said of Daddy Is a Legend’s powerful stretch run to win the Nov. 25 Jimmy Durante Stakes-G 3.

Sent off as the 5-2 favorite in the field of 12 for the 2-year­ old stakes at 1 mile on turf, the daughter of the late Scat Daddy made a swooping run while wide of her competition around the turn and through the stretch to win by a length for trainer George Weaver and owners Jim and Susan Hill.

” Day 1, she had a big, beautiful head on her, big body,” Nothhaft said. “Looked like maybe she was going to turn into something interesting as a physical specimen. She did mature rap­idly, she turned into a beautiful weanling.”

Daddy is a Legend Weanling KY

Therefore, Nothhaft made the decision to enter her in the 2015 Keeneland   November breeding stock sale.   Consigned by Darby Dan Farm, the bay filly left the ring after a final bid of $140,000 from Cavalier Bloodstock.

“I was ecstatic to sell her for $140,000 at that stage of my career. She was bought by Cavalier, who oddly enough bought a weanling from me in the latest sale in Keeneland, so I thought that was pretty ironic; ‘ Nothhaft said. “I was glad that they pin-hooked her, they didn’t make a lot of money, but they got her into really good hands of some serious horse people who have a real commitment to the business.”

Nothhaft was speaking of the Hills, who purchased Daddy Is a Legend for $160,000 at the 2016 Keeneland September yearling sale.

Nothhaft purchased the dam of Daddy Is a Legend, the Benchmark mare Randie’s Legend, for $43,000 at the 2008 Barretts October yearling sale in his first year of horse ownership.

“I took her out of training when she was a 3-year-old,”Nothhaft said of the un-raced mare. “By now I had gotten involved with Smarty Jones in Pennsylvania,  I bought a share. I shipped her across the country to breed to him. During this time, her pedigree improved dramatically.  The next year I bred her to Silver Train, she didn’t take so she was barren. As I learned more about the business, I thought, ‘I really believe in this mare, I want to give her a chance to be commercial. I’ve got to start breeding her to some commercial sires.’ I bred her to Stormy Atlantic, Scat Daddy, City Zip, and now she’s in foal to Tiznow.  Owning the mare, I couldn’t be more excited.”

The recently turned yearling colt out of Randie’ Legend is by City Zip, the sire of Finest City and already named Belleau Wood.

Nothhaft doesn’t plan to sell.

“Tm going to race him, primarily on the East Coast, he’s a Pennsylvania-bred, he’s sitting in Virginia right now becoming Virginia-certified, and I’m going to move him to Delaware and he’s going to be Delaware-certified and we’re going to run every­ body in the Mid-Atlantic off their feet,” Nothhaft said with a laugh.

Nothhaft has been breeding quality Pennsylvania-breds for a few years now, and after recent developments, he plans to continue.  ” I’m back there again,” he said of Pennsylvania and specifically Northview PA in Peach Bottom where Daddy Is a Legend was foaled and Randie’s Legend will again foal out in 2018. “They did the trust fund on the breeding program for Pennsylvania, I had one mare there when that happened, and now I have six.”

As for future breeding plans for Randie’s Legend, Nothhaft isn’t cutting any corners.  “I plan to keep her,” he said. “I booked her to Candy Ride (Arg).”

Ben Gowans

 

 

HnR Bred Daddy is a Legend Seeking Graded Stakes Win in the Durante

Photo Randie’s Legend as a 2yo @Once Over Farm Morgan Hill CA

HnR Nothhaft Horse Racing (HnR) bred Daddy is a Legend by Scat Daddy o/o Randie’s Legend, a TDN Rising Star, seeks Graded Stakes Black Type in the Jimmie Durante @Delmar Turf Club with @JoeBravo up.  Daddy is a Legend was sold as a weanling at Keeneland November Sale in 2015.  Her 4th foal, also a PA_BRED, is a weanling colt by City Zip named Belleau Wood and owned by HnR.  Randie’s Legend is in foal to Tiznow and resides @Northview PA.

‘Daddy’ In the Durante?