00:00Since its inception, Three Chimneys Farm has played a significant role in thoroughbred breeding in
00:19North America. We've had stallions here such as Seattle Slough, Rahi, Dynaformer, and when the
00:27Torrealba family purchased this farm in 2013, Gonzalo had a clear vision to breed, raise, and race grade
00:35one winners who were performing on the world's largest stage. Philosophically, one of the things
00:40we like to do is raise the horses in an environment that provides an opportunity for them to reach
00:47their full physical and genetic potential. And the big part of that to me is horsemanship. We have a
00:54great team here. We evaluate the horses frequently, and we have wonderful pasture here.
00:59In the last decade or so, we've really seen Gonzalo's vision take root and flourish. We've had 11 grade
01:07one winners that have come through our program, either that we have raced or sold. We've had horses
01:13like champion two-year-old filly Wonder Wheel, who won the Breeders' Cup Juvenile Fillies. We also had
01:20multiple grade one winner, Guaraná, who we campaigned to homebred for us. And we had our first classic
01:26winner in 2022 when early voting won the Preakness Stakes. Our most significant horse to come through
01:33the program has been Gunrunner. He won the Breeders' Cup Classic, the Pegasus World Cup, and was named
01:40Horse of the Year in 2017. And last year, he was inducted into Horse Racing's Hall of Fame. As amazing of a racehorse as he was, I don't think any of the
01:49us expected him to do what he's done today. Certainly looks like he is a breed shaping stallion with six
01:56sons at Stud in Kentucky already, one being Gunn Pilot, who's new to our roster this year. So we're very
02:04excited to have our first homebred here standing at the farm. We have a system of horsemanship that I
02:10think really instills a lot of confidence in the horses, confidence to one in people that are handling
02:16them. And then the situations that they get put in, they've been on a walking machine, they've been
02:20hand walked, some may have been ponied. One of the things I like to say is a stall door, is a trailer,
02:27is a starting gate. So if they've had those experiences and they've been good experiences,
02:32I think they go forward with a great deal of confidence in whatever thresholds they approach in
02:38the future. One of the things Mr. Torrealba did early on was he went out and sought mares that he knew
02:45could produce a stallion down the road or produce champions. And one of those horses he bought early
02:51on was a Mordete. And he bought her as a yearling for $1.7 million. And although she didn't go on to
02:57run, she ended up producing a Preakness Stakes winner. We also bought Pure Clan early on, who was a $4.5
03:04million purchase. And her daughter, Princessa Carolina, who is a grade one placed filly, has produced recent
03:11stakes winner Mohima, who we sold for $700,000 as a yearling. And she also produced the Keeneland
03:18Session 1 sales topper by Gunrunner, who sold for $2.2 million. Most of our horses do go to auction.
03:26We have a few that we will identify and keep. We've had great success with partnerships, obviously being
03:32Gunrunner as a major one. And most recently, we partnered with Bullard, who we brought to the sale
03:38and stayed in for a piece. I think when people see a horse bred by three chimneys, that they recognize
03:44our track record and level of success that we've had. Gonzalo always says, raise grade one winners.
03:51And I think that's true. If you're doing that, all the other ancillary things will follow. So
03:57understanding the process and the patients required to bear the fruit of that.
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