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Cambridge Stud NZ sold

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    Posted: 30 Nov 2017 at 6:13am
Sir Patrick and Lady Hogan have sold Cambridge Stud to Brendan and Jo Lindsay.
  
Fantastic for all concerned , including the Australasian industry. The Lindsays are very involved in the racing and breeding industry with their own purpose built training centre near Karaka. They have recently sold their business ( Sistema Plastics which makes household kitchen/food containers) for about $600mill to an American group.
Personally I think farms ( horse , cattle or sheep etc.) are best owned by single owners rather than a "corporate" business arrangement, so great sale for the continued success of the stud.

I believe Henry Plumptree is going to manage it for the Lindsays.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Majestic Quote  Post ReplyReply Direct Link To This Post Posted: 02 Dec 2017 at 6:56pm
I am gobsmacked this news hasn't created more interest. A man of conviction, a man of conscience, a man of integrity, and just an approachable man. I may be wrong, and if someone may correct if needed, started at Cambridge with his brother and early on stood the champion stallion Hermes. Going out on his own started Cambridge and fell into the rogue Sir Tristram and his son Zabeel, Stravinsky, Danzatore, and many others along the way. Leading vendor at NZ National yearling sales for decades, owner of Champion Sires in Australia, NZ and combined Aust/NZ on multiple occasions. How about some testimonials and experiences of this Thoroughbred NZ stalwart. So far the silence has been deafening.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Second Chance Quote  Post ReplyReply Direct Link To This Post Posted: 02 Dec 2017 at 7:15pm
Love the story of Patrick tricking the usually cunning Bart Cummings about the girth on his yearlings by judiciously placing a couple of fingers under the circingle as he stood on the other side of the animal from Bart.  Talk about one rogue Irishman conning another with stout Irish forebears.  Big smile

That said will leave some Kiwis to sing praises regarding his huge contribution to breeding and racing in Southern climes.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote max manewer Quote  Post ReplyReply Direct Link To This Post Posted: 02 Dec 2017 at 7:17pm
What was the source of that story, SC ?
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Second Chance Quote  Post ReplyReply Direct Link To This Post Posted: 02 Dec 2017 at 7:26pm
Bart's 2nd cousin Bernie told me that one about 30 years ago Max, after an admission by Bart.

Reckon it might have got an airing in the news too if failing memory serves.
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Post Options Post Options   Thanks (1) Thanks(1)   Quote Ticino Quote  Post ReplyReply Direct Link To This Post Posted: 02 Dec 2017 at 8:22pm
Hello, Second Chance,
maybe it's a bit off topic.
 
Have you realised, you celebrating today the 10th Anniversary as contributor of "Thoroughbredvillage"?
Btw, "cunning Bart Cummings" it's a grat pun.
Yes, I have heard of "Cambridge Stud" and Sir Patrick Hogan in some books I have in my small library.
 
Best regards from Germany
Ticino
 
P.S.: After the severe incident at Potsdam, everything is safe and sound again.
 
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Post Options Post Options   Thanks (0) Thanks(0)   Quote max manewer Quote  Post ReplyReply Direct Link To This Post Posted: 02 Dec 2017 at 10:28pm
Originally posted by Second Chance Second Chance wrote:

Bart's 2nd cousin Bernie told me that one about 30 years ago Max, after an admission by Bart.

Reckon it might have got an airing in the news too if failing memory serves.

I see, buyer beware !
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Post Options Post Options   Thanks (0) Thanks(0)   Quote acacia alba Quote  Post ReplyReply Direct Link To This Post Posted: 02 Dec 2017 at 10:38pm
what happened at Pottsdam, Ticino ?

My screen saver just popped up a picture of a place called Ticino,,in Switzerland !!
animals before people.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote VSP. Quote  Post ReplyReply Direct Link To This Post Posted: 03 Dec 2017 at 12:12am
The end of an amazing era, although I do wish the new owners well in continuing Cambridge (wonder if it will have a name change?).
Sir Patrick has been an amazing operator, very shrewd and beyond compare in establishing stallions and controlling the yearling market. Also a thorough gentleman to deal with, and a hospital host to all Cambridge visitors. Wish him well in his retirement from Cambridge.
www.snowshoecats.webs.com
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Post Options Post Options   Thanks (0) Thanks(0)   Quote ThreeBears Quote  Post ReplyReply Direct Link To This Post Posted: 03 Dec 2017 at 1:49am
"Hospital host" - hehe, I like that one. Certainly a few buyers would have needed good bed rest after some of the bidding wars during the Sir Tristram years.
 
 
I'm glad they found a local buyer. I heard the place was on the market over two years ago so they took their time to do the right deal. Hopefully the new owners can find the right stallion to bring the property back to the level of its heyday.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Breeder Quote  Post ReplyReply Direct Link To This Post Posted: 03 Dec 2017 at 7:16am
Majestic  --you are right that he started on a stud owned with his brother, Fencourt Stud before he went out on his own.

 VSP --I'd be very surprised if the new owners changed the name. They said in their press release that they believe it is a real privilege to buy the the stud and also I'm sure part of the price would have included the value of the brand. Also it simply would not make sense to change the name.

My favorite from the many stories about the stud is when Sir Tristram arrived quite a few of those who were lined up to be in the syndicate pulled out because of his confirmation "faults".( No videos or smart phones to send quick photos from the UK in those days).Probably the worst decision most of them made in their lives. 
Also Sir T was was nearly lost in a stable fire before heading to NZ ( luck of the Irish again)
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Breeder Quote  Post ReplyReply Direct Link To This Post Posted: 03 Dec 2017 at 9:00am
Forgot to add to the earlier post. 
An indication of the sort of people the Lindsays are can be taken from the fact that when they sold their plastics business they had clause in the sale and purchase agreement that the manufacturing would stay in NZ for at least 20years, to help protect jobs. 
Ironically Brendan Lindsay start the business in his garage in Cambridge about 30 years ago.
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Post Options Post Options   Thanks (1) Thanks(1)   Quote djebel Quote  Post ReplyReply Direct Link To This Post Posted: 03 Dec 2017 at 5:11pm
Wonderful article.

There is or was a mistake, Not sure if it has been corrected.

ir Patrick Hogan: A Long Tradition Of Doing The Right Thing

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Thursday, November 30, 2017 at 1:26 pm | Back to: Shared News

Updated: November 30, 2017 at 1:27 pm

Sir Patrick Hogan | Getty

By John Berry

There’s an old bloodstock saying, generally ironic but not totally incorrect, that an expert is someone who has been right once. If that is the case, how can we describe legendary New Zealand breeder Sir Patrick Hogan KNZM CBE, for whom Cambridge Stud and all its achievements pay testament to just how often he has been not merely right but spectacularly so?

Another old chestnut is that the way to end up with a small fortune in racing is to start out with a large one. Hogan again is the exception who proves the rule, having built an empire out of next to nothing.

Hogan started out in the breeding game in the 1960s on the family farm, Fencourt Stud, where he and his brother John made their first venture into the stallion business by importing Hyperion’s grandson Hermes (GB) (Aureole {GB}. The horse did well, but when he died suddenly in 1973 Hogan was back to square one. Leaving his brother to return the farm to agriculture, Hogan scraped together all that he had and more to buy a property at Cambridge in 1975. Times were tough. He and his wife Justine must have felt that they were running to stand still. But his knack of being right, not merely once but repeatedly so, enabled a mighty oak to grow from the acorn which they worked so hard to plant and nurture.

Towards the end of the decade the seed began to burst into flower, albeit after a shaky start. Having convinced a group of breeders to take shares in the horse, Hogan imported a seemingly unremarkable racehorse for stud duties in 1976. The theory was grand: the horse appeared to have ‘a stallion’s pedigree’ as he descended from Hyperion’s dam Selene (GB) (Chaucer {GB}), and he came from the second crop of the transatlantic champion Sir Ivor (Sir Gaylord). In practice, though, the project wasn’t going well. The young stallion’s unprepossessing appearance (which wasn’t helped by the fact that he had been injured by fire when in quarantine) when he arrived in New Zealand was enough to convince most of the investors (who, of course, had never previously seen him) to back out of the deal. Hogan was left holding the baby, but had the last laugh when Sir Tristram went on to become the most successful stallion ever to have stood in New Zealand. In fact, at one time (when he set a world record by siring 45 individual Group 1 winners) Sir Tristram could have been regarded as the most successful stallion ever to have stood anywhere in the world.

Each successful horse, of course, has two parents. And just as Hogan managed to develop Cambridge Stud by striking gold with his stallion, he doubled up by unearthing some diamond-like broodmares. One of Sir Tristram’s early mates was one: Taino (NZ) (Sovereign Edition {Ire}), dam of the Sir Tristram full-brothers Sovereign Red (NZ) and Gurner’s Lane (NZ), making her NZ Broodmare of the Year in 1981 and ’83. An even brighter jewel was Eight Carat (GB) (Pieces Of Eight), who is still revered as the most influential broodmare ever to have lived in New Zealand. She was thrice NZ Broodmare of the Year (1995, ’96 and ’97) and bred a total of five Group 1 winners.

Just as Sir Tristram descended from one of the greatest broodmares ever to have shaped the breed, so did Eight Carat descend from another: HH Aga Khan III’s foundation mare, the ‘Flying Filly’ Mumtaz Mahal (GB) (The Tetrarch {Ire}). Like Sir Tristram, she hadn’t achieved much on the racecourse (in fact, while he had at least been a respectable racehorse, she was never placed) but her pedigree was strong. Bought by BBA representative Lord Forres at Tattersalls December in 1979 for 9,400gns, she was exported to the antipodes and passed on to Robert Sangster when she was still carrying what would be her first Group 1 winner, Diamond Lover (Aus) (Sticks And Stones {Aus}). Sangster, in turn, having sent Eight Carat to New Zealand to visit Sir Tristram to breed the mare’s second Group 1 winner Kaapstad (NZ), sold both Eight Carat and Diamond Lover to Hogan. More foundation stones of Cambridge Stud were now in place.

Sir Tristram dominated racing on both sides of the Tasman through the 1980s. He was Australia’s champion sire in six of the eight seasons between 1982 and 1990. As his aura developed throughout the decade, the question was repeatedly raised as to when Hogan would stand one of his sons. The response was always the same: “When I have found the right one.” The years passed, and still we waited for a son of Sir Tristram to join his father on the Cambridge Stud roster. As the decade drew to a close, one of Australia’s stars of the 1989/90 season was the Cambridge Stud-bred, Colin Hayes-trained Zabeel (NZ) (Sir Tristram), winner of the G1 VRC Australian Guineas for Sheikh Hamdan al Maktoum. Hogan decided that this colt was the chosen one, and bought his protege back. In time, Zabeel did the impossible. He didn’t merely match his father’s achievements; he surpassed them. He broke his father’s record of winning the Dewar Trophy (for leading NZ-based sire on total Australasian seasonal earnings) nine times by heading the list on 14 occasions. Furthermore, his total of 46 Group 1 winners was one more than that achieved by his father.

Just as Eight Carat had helped Sir Tristram to secure his spot in the pantheon, she did the same for Zabeel. He was in his first season at stud when, aged 18, she paid the first of her three visits to him in 1991. The result was Octagonal (NZ), who in time secured his place in history by becoming the first (and, to date, only) Australian Horse of the Year to sire an Australian Horse of the Year, Lonhro {Aus}). Her second mating with Zabeel yielded the three-time Group 1 winner Mouawad (NZ). The result of the third was Colombia (NZ), who never raced but became a decent stallion.

The success which the Hogans achieved at Cambridge Stud has made both the property and its proprietors New Zealand icons. Hogan was knighted in 2000 for services to Thoroughbred breeding. In 2005 he was inducted into the Australian Racing Hall of Fame. In 2006 he became one of the inaugural intake into the New Zealand Racing Hall of Fame. That same year he reached another milestone when Cambridge Stud became leading vendor at New Zealand’s National Yearling Sale for an unprecedented 25th consecutive time (en route to an eventual total of 31 times). The stud had already sold more sales-topping yearlings than any other vendor in New Zealand history, and Sir Patrick and Lady Justine had been voted NZ Breeders of the Year four times, a total which increased to five subsequent to the 2015/’16 season.

Sir Tristram died in 1997. Eight Carat died in 2000. Zabeel retired from stud duties in 2013 before dying two years later. These three immortals are buried together on the property, but their legacy lives on. Cambridge Stud’s standards of excellence persist. Some of the most distinguished shuttle stallions of recent years have stood there, including Stravinsky (Nureyev) and Cape Blanco (Ire) (Galileo {Ire}). The roster currently contains the hugely progressive young sire Tavistock (NZ) Montjeu {Ire}), whose first crop has yielded four individual Group 1 winners. For Cambridge Stud, success follows success. For a long time, though, the question of succession has been hanging in the air.

The Hogans have created a masterpiece. Humans are mortal, but Cambridge Stud should live forever. Time, though, waits for no man, and the property would eventually need new custodians. As far back as 2006, Sir Patrick went on record ruminating, “I’d like to think nothing changes while I’m healthy enough to handle it, but I’m concerned for the future and what’s going to happen because Cambridge Stud is looking like being a one-generation set-up, established and built by Patrick and Justine Hogan. Our two daughters don’t have an interest in taking up the property, and it won’t be the grandchildren. What will happen next? I’m not certain. It could continue under someone else but, as far as I see it, it won’t be under the name of Hogan.”

Just as Sir Patrick Hogan spent the 1980s searching for the right horse to take on the mantle of Sir Tristram, so he has spent the last 11 years waiting for stewards suitable to safeguard the future of Cambridge Stud to present themselves. Now he has found them, as he announced last week:

“It is no secret that there has been huge international interest in Cambridge Stud for some time now. Many different parties have made approaches to us. However, Justine and I were determined to wait for both the right time and the right people– that was non-negotiable for us. That right time has now come and the right people have now arrived. A new chapter begins for Cambridge Stud and is one that we firmly believe was worth waiting for.”

“Cambridge Stud has been our lives for over four decades. We have nurtured it, been its guardians and have proudly seen it evolve into the globally respected operation it is today. As we pass the ownership baton on, we know that Cambridge Stud could not be in better hands. Everyone knows that Brendan and Jo Lindsay are deeply passionate about both our industry and our country, and Cambridge Stud certainly holds a unique place in both.”

“For Justine and I, this is a dream come true: we can look ahead with great confidence to the future that Cambridge Stud is assured through its new ownership.”

That Sir Patrick and Lady Justine Hogan have chosen to sell Cambridge Stud to Mr and Mrs Lindsay is both a great honour and a great responsibility for the Auckland-based couple. They now become custodians of one of the brightest jewels in the bloodstock crown, both within New Zealand and internationally. It is, though, a racing certainty that they will be up to the responsibility. We know that they will be because Sir Patrick Hogan believes that they will be; and, as results have shown us time and again over the past five decades, he very rarely gets things wrong.



STRIKE WHILST THE IRON IS HOT

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