Pegasus World Cup Invitational News

Pegasus World Cup Invitational News

Gun Runner

In his typically professional manner Monday, Gun Runner turned in the last timed workout for his career finale in the Saturday’s $16 million Pegasus World Cup Invitational (G1) with a half-mile breeze in :49 at Gulfstream Park.

Gun Runner, co-owned by Winchell Thoroughbreds and Three Chimneys Farm, will be the morning line favorite in the Pegasus World Cup, the world’s richest race. He brings a four-race winning streak, all in Grade 1 races, into the 1 1/8 race at Gulfstream Park.

Gun Runner work: click here to view.

With exercise rider Angel Garcia aboard on a track closed for his workout at 7:30 a.m., the 5-year-old son of Candy Ride worked from the half-mile pole to the finish line. He galloped out five furlongs in 1:02.11.

“I loved how he did it,” said Scott Blasi, chief assistant to trainer Steve Asumssen. “Angel was really happy with him and said, ‘I never asked him to do anything.’ “

Gun Runner won the Breeders’ Cup Classic (G1) at Del Mar Racetrack on Nov. 4 and has been training for the Pegasus World Cup at Fair Grounds in New Orleans. He shipped to Gulfstream Park on Jan. 18 and, following Asmussen’s playbook, had his final breeze over the track he will compete on. Blasi said that Gun Runner handled the shipping to South Florida and the new surface without incident.

“He’s just been really special to us and he continues to do exactly what you want him to do,” Blasi said. “It’s kind of unheard of over a three-year career. I’m just really happy with how he got over the ground. He’s cooling out great and is ready for Saturday.”

Blasi acknowledged that it can be difficult to judge Gun Runner’s workouts visually because of his smooth running style.

“That’s just kind of Gun Runner. He just does stuff so effortlessly,” Blasi said. “You think that he’s not going anywhere, then you look down at your watch and you’re like ‘Wow.’ Especially this year he has gotten stronger and faster. There’s just a lot more to him. We couldn’t be happier with him.”

Gun Runner has won 11 of 18 career starts and earned $8,988,500. A victory in the Pegasus World Cup, worth $7 million, would move him into second place in career earnings for a horse based in North American, behind only Arrogate, who won the 2017 Pegasus. Gun Runner is scheduled to retire after the Pegasus World Cup and will begin his stud career at Three Chimneys Farm in Versailles, Ky, near Lexington.


Gunnevera

As a relative newcomer to horse racing, Bill Gallo is still learning some of the game’s many nuances. Having recently retired from running one of the world’s largest grain brokerage companies but still with interests in the movie and real estate business, he also knows about seizing an opportunity.

In the $16 million Pegasus World Cup Invitational (G1), the world’s richest Thoroughbred race to be run Jan. 27 at Gulfstream Park, the 69-year-old native New Yorker has found one.

Gallo, a partner with Gulfstream-based trainer Jena Antonucci in Bella Inizio Farm, is one of a dozen stakeholders who put up $1 million for a spot second edition of the Pegasus World Cup, the unique and innovative brainchild of The Stronach Group founder Frank Stronach.

With Antonucci’s guidance, Gallo worked out a deal with owner Solomon Del-Vallee to run multiple graded-stakes winner Gunnevera in his spot. The 4-year-old colt remains in the care of trainer Antonio Sano at Gulfstream Park West.

“I just come to the track to see my horses run. I’m not the kind of guy that will sit there and bet on every race. It’s not me. I just love the experience,” Gallo said. “And what better experience can a guy like me have than getting a slot in the Pegasus World Cup, which I’m not likely to ever give up. I don’t think people really understand what The Stronach Group has done here. This is ingenious.”

Gallo said he was approached last year about purchasing a spot in the 1 1/8-mile Pegasus World Cup, won by champion Arrogate in track-record time. Given his business background, Gallo chose instead to be an interested observer and was eager to join in once he saw the inaugural event’s success.

“In my quest to understand this business, the Pegasus World Cup was presented me in 2016 when they were first talking about the race. I thought about it and decided I didn’t know enough about the business. It’s a pretty big commitment,” Gallo said. “The next time it came around I said to myself, how else can you get involved at the highest level of the industry at an entrance fee that to me is quite reasonable, because you don’t have to have your own horse. You can go and negotiate with someone else, a Grade 1 horse that has a chance of winning.

“I left it up to Jena to find that horse,” he added. “I strongly believe that the image of the Thoroughbred racing industry needs to be improved and the best way to improve it is to go global. This is what they’re attempting to do with the Pegasus World Cup – get the best horses in the world.”

Born in the Bronx and raised on Long Island, Gallo said his involvement in racing goes back five or six years, when he was asked by a group of college friends if he wanted to get in on a horse in a partnership that used Antonucci as its trainer. Gallo also had horses in California in partnership with Swag Stables including Mike Man’s Gold, a multiple stakes winner with nearly $300,000 in career purses.

Ultimately, Gallo decided that he wanted to own his own horses which run under the GalloStables banner. For the first time last year he got involved in pinhooking, visiting sales in Ocala, Kentucky and Saratoga Springs buying horses to later sell.

“I’m not the average guy that’s been brought up in the race business. I just got involved a few years ago,” Gallo said. “What I did was I traded grain my entire life. That’s pretty volatile. Physical grain, not futures, moving it on ships all over the world. To me, I view the horse business as a commodity.

“I don’t fall in love with the animal even though I think he’s a magnificent beast. Initially I was brought into the industry to have fun. I can have fun and if you make money at it, you can have a lot more fun,” he added. “That’s exactly why I’m in the industry and I’m looking forward to the years ahead.”

For decades Gallo, who owns homes in New York and Florida, was the senior managing partner and majority owner of Pasternak Baum and Co., an international grain brokerage company that was acquired in 2008 by Japanese trading company Marubeni Corp. Following the purchase, Gallo established Columbia Grain Trading Inc. which he developed into the No. 1 supplier of soybeans to China in the four years prior to his late 2017 retirement.

Gallo is majority owner of Amasia Entertainment, a motion picture production company that produced movies such as 2013’s The Call with Halle Berry and 2016’s Mr. Right with Anna Kendrick and Sam Rockwell. Amasia is run by Gallo’s oldest son Bradley, 40, while 38-year-old Darren operates DWG Management, Gallo’s real estate company.

Gallo’s youngest son, Ross, is a Los Angeles-based actor. All three will be in attendance with Gallo at the Pegasus.

“I’m really looking forward to it. It’s a lot of fun,” Gallo said. “When I had horses out west, I was never there. I was always here. I never saw the horses, and then I started to go to Gulfstream and meet with Jena and visit the stable and watch the horses breeze and I got really into it. I really like it.

“It’s a very interesting business, and it fits with my commodity mentality. It’s a risk and you have to know how to hedge a risk just like we hedge ourselves in the grain business. It’s been fascinating. There’s ways of making money in this industry, you’ve just got to work at it. You’ve got to take the risk,” he added. “That’s what I’m doing here with Pegasus. No risk, no reward.”

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S. Jack Heffernan Ph.D. Funds Manager at HEFFX holds a Ph.D. in Economics and brings with him over 25 years of trading experience in Asia and hands on experience in Venture Capital, he has been involved in several start ups that have seen market capitalization over $500m and 1 that reach a peak market cap of $15b. He has managed and overseen start ups in Mining, Shipping, Technology and Financial Services.

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