Induction to the horse racing Hall of Fame? It's in his blood
Seth Hancock, the semi-retired former Claiborne Farms president, is from a long line of horsemen inducted into horse racing's Hall of Fame.
In the heart of Horse Country lies the Birthplace of Champions. The hallowed ground in Paris has stood prominent stallions like Danzig, Mr. Prospector, Riva Ridge, Unbridled and the great Secretariat.
Their progeny have won hundreds of stakes races. Those acres of bluegrass are also home to a couple of real-life horsemen portrayed in a Disney sports drama, Secretariat. At Claiborne Farms, Hall of Fame heritage isn't just for the horses.
That legacy continued for another generation thanks to Seth Hancock — a prominent thoroughbred breeder and the longtime president of the farm who now, in semi-retirement, serves as chairman of the farm's board. His specific legacy is how he syndicated Secretariat in 1972, before Big Red won the Triple Crown. Secretariat won a number of races in his 2-year-old year, earning the Eclipse Award as Horse of the Year.
But when Secretariat's owner and breeder, Christopher Chenery, died suddenly, his daughter, Penny, was forced to sell breeding rights in order to pay off taxes. Hancock's breeding syndicate split Secretariat's breeding into 32 equal shares — $190,000 per share . The $6.
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