Ned Toffey

It is often espoused at business management seminars that having access to people smarter than you is a blessing and not a threat. We also know that having access to communities that share a common interest fosters social collaboration and belonging. But did you know having access to a guy affectionately nicknamed the "Italian Yoda" can lead to a graded stakes victory as a racehorse owner? This type of access has been thoughtfully curated by the powerhouse team at Belladonna Racing Partnership, which includes Paul Manganaro (the Italian Yoda), David...

Everybody understands the deal with new stallions. Most will never again command so high a fee, nor so potent a book, and many will complete their principal service to commercial breeders long before any of their stock has actually entered a starting gate. Once they reach that point, you need only browse the freshman tables of years past to get a chastening sense of how many "exciting" newcomers will establish a lasting eligibility to keep seeding the breed. On the other hand, their window of opportunity is ruthlessly brief. If...

by Jessica Martini & Christina Bossinakis LEXINGTON, KY - The Keeneland November Breeding Stock Sale gained momentum throughout its opening session and concluded a day of competitive bidding Wednesday evening with 11 seven-figure mares and a median up 30% from its 2022 counterpart. "It was a good day. It was a really good day," said Keeneland President Shannon Arvin. "We were really pleased with the session overall. The theme of the century seems to be that the quality sells and there was really high demand for the quality. There was...

by Jessica Martini & Christina Bossinakis LEXINGTON, KY - After a vibrant afternoon-into-night of bidding, the Fasig-Tipton November Sale grossed over $100 million for the third straight year with champions Nest (Curlin) and Goodnight Olive (Ghostzapper) leading the way when bringing matching $6-million final bids Tuesday at Newtown Paddocks. "It was another remarkable horse sale, literally from start to finish," said Fasig-Tipton President Boyd Browning. "It's really humbling to think that we've been able, for three years in a row, do over $100 million in sales in a single night....

Between winning the COVID-delayed Kentucky Derby in September and giving thousands of microshare owners cause to celebrate, Authentic was a major talking point the fall of 2020. His first foals, yearlings of 2023, include 10 who fetched $700,000 or more at recent Keeneland and Fasig-Tipton sales. "Authentic is a very special horse to us here at Spendthrift," said the farm's general manager, Ned Toffey. "He is a horse that we initially pursued the breeding interest in, but very quickly we found ourselves taking it a step farther and buying him...

The first of back-to-back GI Breeders' Cup Classic winners retired to Spendthrift, Vino Rosso currently leads the U.S. freshman sire list and has had four individuals place in Grade I races in the last five weeks, including three on Oct. 7. "Since he is a son of Curlin, we were fortunate enough to acquire the breeding rights to him in his 4-year-old year, and that's when he really began to take off," said Ned Toffey, general manager of Spendthrift. "He won the Wood Memorial, so he was good early in...

It's hard for a horse to have a better season than Mitole did at four: his four Grade Is included the Sprint as well as the Met Mile and it's no small thing to set (and still hold) Saratoga's GI Forego stakes record of 1:20.80 for seven panels. "A long time ago somebody asked a groom what makes a good racehorse. He said speed and more speed. That always makes me think of Mitole," said Ned Toffey, general manager of Spendthrift Farm. "This was a horse that had an unbelievable...

Daniel Toffey has joined the stallion sales team at Spendthrift, the farm said in a release Thursday morning. "Tammy and I are happy Daniel has decided to come back home to work at Spendthrift," said owner Eric Gustavson. "He's a hardworking, energetic young man with a wide range of skills, and we know he will be a great fit here." Born and raised in Lexington, Toffey's passion for horses began early on, spending countless hours around Thoroughbreds with his father, Spendthrift general manager Ned Toffey. After graduating from high school,...

When The Jockey Club announced last week that the estimated North American foal crop for 2024 was 18,000, a 2.7% decline from the projected 2023 foal crop, the news was hardly a surprise. By the time the final numbers are in for 2024,the foal crop will have declined in 18 of the last 19 years and this will be the smallest foal crop since 1964. Since 2005, when there were 38,365 foals, the crop has declined by more than half. How big of a problem is this. Why is it...

The only two-time winner of the Dirt Mile to date, Goldencents had gameness written all over him. The Equibase chart for his second Breeders' Cup win summed up much of his career: "gunned hard," "met the oncoming challenge," and "dug in tenaciously." "Goldencents was a special horse for us because he is the first horse that really began to put Into Mischief on the map," said Ned Toffey, general manager of Spendthrift Farm. "He and [MGSW & MGISP] Vyjack came out of Into Mischief's first crop. Obviously he went on...

Celebrating 40 Years of the Breeders' Cup with Living Legends Each race--particularly a Breeders' Cup win--is special to the connections of the winner, but some races stand out more than others in all who are lucky enough to witness them. Some get embedded in the mind and take up permanent residence there. Just about everyone in racing can recall in vivid detail Arazi's scintillating 1991 Juvenile or Personal Ensign's electrifying 1988 Distaff or Tiznow's gripping 2001 Classic. Each of those are among the transcendent performances in our sport that stir...

Four-time leading sire Into Mischief, who has broken records with 15 seven-figure yearlings to sell this year, will head the Spendthrift Farm stallion roster once again for 2024, the Central Kentucky farm announced Thursday afternoon. Into Mischief will stand for $250,000 S&N in 2024, identical to his advertised fee for 2023. Into Mischief is currently leading the general sires list for 2024 by a comfortable margin. His progeny for 2024 include 21 black-type winners, nine graded winners, and four Grade I winners, led by GI Kentucky Oaks winner and 'TDN...