Irishman Brendan Walsh Strikes Gold in America

Article by Ken Snyder

Irishman Brendan Walsh Strikes Gold in America

The expression “luck of the Irish,” strangely, originated in America from the seemingly uncanny ability of Irish and Irish-American miners to strike it rich in the 19th-century California Gold Rush. 

Irish trainer Brendan Walsh from County Cork has also “struck gold” on racetracks throughout America and lots of it. His proteges in 2022 earned $8.3 million after 2021 earnings of $7.5 million. Here’s the real motherlode of surprises about those totals: his previous best year was 2019 when his horses earned a relatively paltry $3.8 million.

The soft-spoken trainer modestly dismisses his personal “gold rush” with a simple and ironic “I got lucky.”

Brendan Walsh luck is the residue of hard work. 

Luck and being Irish had nothing to do with it, of course. The reality with Walsh can be summed up, not in a myth, but in an accepted truth: luck is the residue of hard work. 

Walsh’s success began not with a promising two-year-old, a typical route to the stratosphere of trainer earnings, but with a $10,000 claimer. There is maybe some luck there, but keen judgment is the “residue” of hard work. It takes a willingness to closely watch Thoroughbreds— another trainer’s horse or horses. And that’s more than just watching race replays. It’s morning workouts surreptitiously watching a prospective claim, getting good looks at conformation in paddocks and stable areas, poring through past performance for strengths and weaknesses of another trainer with a specific type of horse, knowledge of pedigree, and more, all to find a hidden gem. 

Cary Street was the prize jewel for Walsh. “I owned half of him for most of his career. He paid a lot of bills, won a couple of stakes, and he got me noticed. No matter how many decent horses I’ve trained since, I probably owe more to him than I do any other.”

That a horse running in a $10,000 claiming race could achieve what this one accomplished demanded extraordinary foresight. Walsh believed that a different direction was all the horse needed to realize potential. “I thought he was an out-and-out two-turn horse, and he was sitting on a win. We just worked on him and gave him a lot of time.”

Brendan Walsh racehorse trainer

Walsh missed the two-turn prognosis by one turn. In 2014, Cary Street won the Las Vegas Marathon Stakes at Santa Anita, a mile-and-three-quarter Grade 2 race by a whopping nine-length margin…going three turns. Roughly three months earlier, Cary Street won the Greenwood Cup Stakes, a Gr. 3 mile-and-a-half affair at Parx Racing in Philadelphia after only one win in allowance company. Not surprisingly, he was a 28-to-1 long shot. 

Both races were stellar performances—the Philly race earning a 107 Equibase speed figure and a 108 in the Las Vegas stakes race. 

“If Cary Street hadn’t come along, who knows?” said Walsh with a shrug. “People that don’t make it, a lot of the time it’s not for their lack of ability. You just have to get the breaks.”

“Breaks'' don't account for spotting what turned out to be an extraordinary route runner who earned $381,515 in purses. One factor in Walsh’s success has been exposure to racing globally. Starting at the National Stud in Kildangan in his native Ireland, racing has taken him to Dubai, the Orient, and Arlington Park with Godolphin; and to England and Newmarket where he got his first assistant trainer’s job under Mark Wallace. (Godolphin was to figure prominently later in Walsh’s career.) 

His training career in America began when he met countryman and conditioner Eddie Kenneally while on vacation in the U.S. Kenneally invited him to come back at any time to work for him. Walsh took him up on the offer and spent more than three years with him.

It was at Palm Meadows in Florida where Walsh decided “my time has come. I started with six horses. I had a bridle and saddle. I got six stalls at the track, and away you go,” he said with a laugh. 

Not just experience, but the right experience was the best teacher for Walsh. “He [Kenneally] had all kinds of horses—some very good ones—and he dabbled in claiming horses as well. It was a very good education as opposed to going with someone who has a huge barn. You learn about all aspects of training, which was very important to me.”

Oddly, as a native of horse-mad Ireland, American racing always intrigued him. Two summers with Godolphin galloping horses at Arlington Park planted the seed. 

“Adjustment-wise, when I came to train in the U.S., it was a whole different ball game. The dirt. The speed. Especially on the dirt, you have to be more aggressive in your preparation, especially young horses starting out, or else you’re going to get buried.

Brendan Walsh racehorse trainer works hard

While Ireland is a nation of only 4.9 million, it is surprisingly the largest producer of Thoroughbreds in Europe and third largest behind the U.S. and Australia globally. Another measure of Ireland’s prominence is in Thoroughbred breeding; six out of the current top ten stallions in Europe are Irish-bred, double that of England, the second in the standings for stallions. Despite the wealth of horses, entry into Irish racing is not without obstacles for someone wanting to train, according to Walsh.

“It was very hard for me to have an opportunity to get going in Ireland. There you gotta have a yard. You have to have the backing, and the prize money is not that great.”

The open door with Kenneally opened his eyes to opportunity in this country. “I thought, maybe this is my chance to have a go myself,” he said. 

Walsh, who hung his shingle here in the U.S. in 2012, is a repository of insight on both the differences between Irish and American racing and also how similarities have evolved in training methods between the two countries. 

Brendan Walsh racehorse trainer

Despite repeated success in global events, particularly in the Breeders’ Cup, Walsh believes his countrymen have gone to school on American methods. “When Wesley Ward went over there initially, his horses were hitting the gate so quick and rolling. They were so well prepared. I think it’s actually changed things in Europe a little bit. I think the Europeans may be starting to be a little bit more aggressive with their horses, especially when they have Ascot in mind.”

In Ireland and elsewhere in Europe, many horses no longer get an automatic four-month turnout as has been customary. “That’s changed in Europe now with so many more all-weather tracks,” he said, noting that people are becoming conditioned to year-round racing. “If a horse is sound and he’s doing well, why stop on him for the winter or whatever?”

Still, Ireland has twenty-six racetracks in a country which, in land area, would fit within Texas’ borders twice. Yet, Irish horses won six of the fourteen 2022 Breeders’ Cup races. (U.S.-breds won seven.) 

Despite this year’s success of Irish-breds in the Breeders’ Cup and long-standing success with turf races over the years, Walsh sees a change in American horses. “There’s huge improvement with the standard of turf runners compared to ten or twelve years ago. The standard of turf racing in the United States is a lot higher than what it used to be.”  

In addition to Ward, Walsh points to trainer Chad Brown as someone producing fantastic turf horses in the last few years. “Bobby Frankel kind of started it,” he added. Brown, perhaps not surprisingly, was an assistant to Frankel before launching out on his own.

As for Irish horses and the Breeders’ Cup, Walsh said, “It’s not a ‘penalty kick’ anymore to bring a horse from Europe,” referencing a high-percentage soccer goal where a single player faces the goalkeeper. In the past,” he added, “a horse bordering on ‘listed class’ in Europe [just below Gp. 1, 2 or 3 races] would win Gr. 2 or 3 races in the U.S.

“It’s not a ‘gimme’ anymore.”

Ireland produces what it does, in part, due to calcium-rich soil much like Kentucky’s—a temperate climate; but perhaps most important, Ireland is a nation where most of the sports focus is on horse racing.

Walsh recalled in his youth that “everybody in Ireland knew somebody who had a horse.” Today, he said, “It’s a little bit like Australia where everybody watches the Grand National. With Cheltenham, everybody has just gone nuts,” said Walsh of the four-day racing festival in southwestern English that pits Irish horses against English-breds and others from continental Europe. “Everybody is in the betting shops during Cheltenham betting on something or other.”

Brendan Walsh racehorse trainer

With a smile and probably unable to resist, Walsh observed, regarding Irish versus English horses, “We’ve been wiping the floor with them for a long time.”

Walsh’s exposure to horses came through his father and trips to Cork Racecourse in their home county, engendering in him “from the start” a desire to be a jockey. However, by the time schooling was over, jockeying no longer interested him. Thoroughbred breeding instead became an interest, and he got a spot in Ireland’s National Stud in County Kildare. However, his size and riding background got him started as an exercise rider. “Kildangan used to break and re-train all of Sheikh Mohammed’s and Godolphin Stables’ yearlings and two-year-olds before going on to trainers.”

Walsh was selected in his first year at Kildangan to go to Dubai with Godolphin to gallop the stable’s two-year-old horses. There he got to know Saeed bin Suroor and Tom Albertrani, bin Suroor’s assistant at the time.

“I was lucky enough when I worked for them to travel all over Europe and run horses. I brought horses to Hong Kong, Singapore and Japan. You can’t put a price on that.

“Since Kildangan, you’re probably talking twenty-five years that Godolphin has had an influence on my career.”

Success with Walsh’s horse Plus Que Parfait in the UAE Derby in 2019 was a career changer

Success with Walsh’s horse Plus Que Parfait in the UAE Derby in 2019 was a career changer attracting the attention of the globally prominent Godolphin stable. “They came along when I came back from Dubai that year.”  

Did they ever? Included in the first crop of two-year-olds sent to Walsh was Maxfield, winner of eight out of eleven starts including five Gr. 1 wins and purse earnings topping $2 million. A significant part of ’21 earnings was Maxfield contributing approximately $1.5 million to the bottom line.

As an incredible 2021 has been topped by an even better 2022, a question arises: does he envision getting to the heights of Todd Pletcher, Steve Asmussen, et al. “That would be great. It’s nice to be even thought of as being up to that standard. They’re very good trainers, and they have fantastic horses. A lot of it is the stock and managing it.”

As for managing 200 horses at multiple racetracks around the country like the aforementioned trainers, Walsh is ambivalent. “I don’t know that I would. If you’ve got the team and the owners, you can manage it.” He added: “I’ve got a great team right now.”

Despite the resources to possibly return to Ireland and train there, it is not something that is top of mind. “You do miss certain things. 

“The world is a small place. I can get on a plane in Boston and be home in six hours. I come from a family of seven. All of them are in Ireland except one of us--a sister who lives in Jersey [the island in the English Channel and not the state].

Brendan Walsh racehorse trainer

“No one else in my family is in racing, but they follow it. They’ve gotten hold of Equibase so they’re keeping up with it pretty good. I go home at least once a year. I don’t stay for too long—five or six days—because I get antsy about what’s going on back here.”

Aside from family, Walsh jokes that other Irish “probably look at me as being an American.”

A win in the Breeders’ Cup—an event followed closely by Ireland’s racing fans (and justifiably so considering 2022 success)—would put him in the spotlight back home, he said.

Santin was a prospect for this year’s event after a win in the 2022 Gr. 1 Arlington Million but was saved for the Clark Handicap after a disappointing finish in his next start in the Coolmore Turf Mile.

Brendan Walsh racehorse trainer

Walsh has perhaps become “Americanized” when asked which he would prefer between a win in the Breeders’ Cup or Kentucky Derby. “That’s a hard one to call. When you’re in this country long enough, everybody wants to win the Derby.”

Obviously, the training ability is there with Walsh as well as the trust of racing outfits like Godolphin that can provide him with the best Thoroughbreds. 

Luck of the Irish? If there really is such a thing, Walsh won’t need it.

State Incentives 2023

Article by Annie Lambert

The bad news is, North American inflation has substantially increased expenses in Thoroughbred racing. The good news is, U.S. purses in 2022 were up nearly 11% from 2021. Also, states and farms are working to provide owners and breeders an opportunity to counter those growing costs with healthy incentive opportunities. 

2023 state incentives ahead of breeding season

State Pluses

U.S. inflation rose to a shuttering 9.1% last year, but it has dropped to the current 6.5%. Canada’s most recent number was 6.8%. Both numbers, although improved, still leave horsemen pushing higher outlays across the board. Breeders, owners and trainers can help buffer inflated costs with readily available incentive programs.

Mary Ellen Locke, registrar and incentive program manager for the California Thoroughbred Breeders Association, cited there are no changes to that state’s programs for the current year. As one of the most successful state organizations, the CTBA has seldom tried to fix what is not broken.

“I think [our program] has helped sustain our numbers through Covid and the economy being down,” Locke pointed out. “The numbers of Thoroughbred foals are down all over, but we are holding our own in California.”

The association’s definition of a Cal-bred is one thing helping California retain those foal numbers. Cal-breds are those foals dropped in the state after being conceived there by a California stallion. Or, “any Thoroughbred foal dropped by a mare in California if the mare remains in California to be next bred to a Thoroughbred stallion standing in the state” will be classified as Cal-bred. If the mare cannot be bred for two consecutive seasons, but remains in California during that period, her foal will still be considered a Cal-bred.

The Pennsylvania Horse Breeders Association is offering a new race series for two-year-olds in 2023, according to Brian Sanfratello, the group’s executive secretary. The Pennsylvania-bred series offers three stakes for fillies and three for colts.

“The first two races will feature purses of $100,000 to be run during Pennsylvania Day at the Races at Parx Racing,” Sanfratello offered. “The second set will have purses of $150,000 and will also be held at Parx the day of the Pennsylvania Derby; and the third in the series will feature $200,000 purses at a track to be determined.”

Trainers of the top three earning horses will be rewarded with bonuses of $25,000, $15,000 and $10,000.

In addition, Penn National has increased their owner bonus to 30%. The racetracks in that state pay for owner bonuses. 

Virginia has been on a roll since passing their historical horse racing legislation in 2019. Last year, according to Debbie Easter, executive director of the Virginia Thoroughbred Association (VTA), Colonial Downs averaged $612,000 in daily purse monies.

The Virginia Racing Commission approved an additional nine days of racing for the current year. Colonial Downs, the only live racing venue in the state, will run Thursday through Saturday from July 13 to September 9.

“Thanks to Historic Horse Racing (HHR) machines in Virginia, breeding, raising and racing Thoroughbreds has never been better,” according to Easter. “In 2023, the Virginia Breeders fund should double to over $2 million thanks to funds received from HHR.

Virginia breeders currently earn bonuses when Virginia-bred horses win a race anywhere in North America. If pending legislation passes the Virginia General Assembly, breeders will have an update for 2023. They will earn awards for horses placing first through third in North America.

“Because of budget constraints that limit the Virginia-Certified program to $4 million in both 2023 and 2024, we have made changes to our very successful program that pays 25% bonuses to the developers of Virginia-Certified horses that win at Mid-Atlantic region racetracks, which includes New York, New Jersey, Pennsylvania, Delaware, Maryland and West Virginia in addition to Virginia,” Easter added. “The plan is to increase funding for the program once Colonial Downs adds more HHR locations and machines, hopefully in 2024 and 2025.”

Iowa and New Mexico may not produce the largest annual foal crops in North America, but they each had Breeders’ Cup contenders last year. 

Tyler’s Tribe (Sharp Azteca) headed to Keeneland undefeated in five starts in his home state of Iowa to contest the Breeders’ Cup Juvenile Turf Sprint (G1). Unfortunately, the then two-year-old gelding was eased into the stretch after bleeding. He did regroup to finish third at Oaklawn Park just a month later in the Advent Stakes.

After challenging the inside speed during the Breeders’ Cup Filly and Mare Sprint (G1), New Mexico-bred Slammed (Marking) finished out of the money. Although the now five-year-old mare has not run since, her previous earnings of $557,030 (13 starts, 9-1-0) give her credibility as a broodmare prospect.

With the majority of Breeders’ Cup contenders raised on Kentucky bluegrass, mare owners may want to start watching for options in Iowa and New Mexico.

Bonus Bucks

Eclipse Thoroughbred Partners launched in the fall of 2011. Their ability to acquire, manage and develop runners and put together partnerships is quantified by their gross earnings of $42,561,789.

Eclipse President, Aron Wellman, sees the value of state-bred incentives and makes use of them, although his first order of business is finding the right horses.

“We are going to buy a horse because we like the horse,” Wellman confirmed. “If we buy something eligible for regional programs, we take advantage of them.”

The group’s Chief Financial Officer, Bill Victor, notices incentive earnings on his bottom line. “Breeder incentive programs are important to any stable.”

Spendthrift Farm continues to enjoy their fruitful and much copied programs. This year, Safe Bet will feature Coal Front (Stay Thirsty) standing at $5,000. If Coal Front does not produce at least one graded or group stakes winner by December 31, from his first two-year-old crop the mare owner will owe no stud fee. If he produces a stakes winner, the normal fee will be owed.  

Share the Upside features Greatest Honour (Tapit) for 2023. The breeder sends a mare to this stallion, has a live foal and pays the $10,000 fee. That foal entitles the mare owner to a lifetime breeding to Greatest Honour, an annual breeding share, with no added costs. Greatest Honour is, however, sold out for this year.

Both these Spendthrift programs minimize risks and offer great value, especially to smaller breeders.

Canada continues its successful Ontario Thoroughbred Improvement Program (TIP) with a current budget of $800,000. 

2023 state incentives ahead of breeding season

The province’s Mare Purchase Program (MPP) provides breeder incentives to invest in and ship mare power into Ontario. Foal mares—purchased for a minimum of $10,000 (USD), with no maximum price, at a recognized auction outside of Ontario, but produce 2023 foals in the providence— are eligible for a rebate. The rebate is for 50% of the purchase price up to $25,000 (CAD) with a limit of $75,000 (CAD) per ownership group. Mares bred back to a registered Ontario Sire in the 2023 breeding season are also eligible for a $2,500 (CAD) bonus.

The Mare Recruitment Program (MRP) incentivizes mare owners who bring an in-foal mare to Ontario to foal in 2024. Owners will receive a $5,000 (CAD) incentive for each in-foal mare brought to Ontario. The mare must not have foaled in Ontario in 2022 or 2023. MRP is for mares purchased at an Ontario Racing accredited sale in 2023 and must have a minimum purchase price of $5,000 (USD).

Breeders of record are eligible for additional bonuses through TIP. Specific details on the MPP and MRP programs criteria are outlined in the applicable criteria book.

The Struggle Is Real

Minnesota’s only Thoroughbred racetrack suffered a low blow recently when their 10-year marketing agreement with the nearby Shakopee Mdewakanton Sioux community expired without renewal. The track will be racing fewer days this year to keep purse amounts competitive without the additional funds.

The former agreement forbad Canterbury from supporting additional gaming legislation in the state; they are now free to push for sports wagering and slots of historical horse racing machines. 

Canterbury Park’s Thoroughbred 2023 stakes schedule will feature twenty-four races totaling $1.65 million in purses.

Texas Thoroughbred has one of the most innovative breed associations in the United States, especially for a state that has suffered setbacks over the decades. Their plan to promote Texas racing through public relations was a great success last year and will continue through this year.

“A series of events are conducted at Sam Houston Race Park, Lone Star Park and in connection with the Texas Two-Year-Old in Training Sale and the Texas Summer Yearling Sale,” said Texas Thoroughbred Association Executive Director Mary Ruyle. “Last year, this initiative resulted in forty-two new, first-time Texas Thoroughbred racehorse owners, equating to slightly more than $300,000 through participation in the Texas Thoroughbred Racing Club and private purchase connections set-ups.” 

Due to Texas’ stance on the Horseracing and Integrity Act (HISA), the Texas Racing Commission does not send out their racing signal unless it is out of the United States. When HISA was enacted July 1, 2022, they only had 14 days of the meet remaining. This year it has hindered their purse structure and the Accredited Thoroughbred Awards, according to Ruyle.

To resolve the problem, they have begun running races earlier in the day, rather than in the evenings, to draw more spectators and handle. They also made a deal with Woodbine to export their signal to Canada.

“At this moment, the purses are essentially the same,” Ruyle said. “As we get into the meet, we’ll see if we are able to sustain that.”

All Thoroughbred racing states within the United States, along with provinces in Canada, have some deals to incentivize breeders. Researching states of interest can provide the means to fend off these inflationary times in North America.