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Did Penny ever sell Secretariat?

Penny syndicated Secretariat for $6.08 million, months before the Triple Crown season. For the stockholders it was a reach that became a bargain. But now Secretariat wouldn't run past his 3-year-old season. He was too valuable in the barn at Calumet Farm.

ocregister.com - Whicker: Penny Chenery and Secretariat lived beyond their years

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The story of Secretariat is timeless.

Those who wrote it are not.

Penny Chenery, the owner, died on Saturday at 95.

Trainer Lucien Laurin passed away in 2000. Eddie Sweat, the groom whom Secretariat followed like a dog trailing his master, left in 1998.

The jockey, Ron Turcotte, lives in a wheelchair.

Secretariat himself lived to 19 before a structural problem in his hoof defied treatment. Chenery was the stately woman in the sleeveless white print dress who joyfully held up her arms as Secretariat won the Belmont Stakes. If she had been forced to hold her arms up until runner-up Twice A Prince arrived, she might have passed out. No one had seen such a victory margin, or would until Tiger Woods came along. They had to break down the film to determine that Secretariat won by 31 lengths, or a 16th of a mile. That’s a unanimous decision even in Las Vegas. When announcer Chic Anderson saw Secretariat flee from his four understudies, he exclaimed, “Secretariat is moving like a tremendous machine!” The champion broke the track record for a mile and a half by 2-3/5 seconds, just as he had broken the 1973 Kentucky Derby and Preakness records. He still has them all. He was the first Triple Crown winner in 27 years. Chenery took a little knowledge and a lot of luck and concocted history. Her father Christopher founded Meadow Stable. When he was afflicted with Alzheimer’s, suddenly the horses were hers. In 1972, Chenery, then married to John Tweedy, won the 1972 Derby and Belmont with Riva Ridge, which saved the company financially. By then Secretariat was a monumental 2-year-old who easily could have raced for Ogden Phipps. The Phipps stable had Bold Ruler, one of the great sires in racing history, and it arranged to breed him to one of the mares in Chenery’s barn. The families held a coin flip to see who would get the pick of the first foals. Chenery lost. Phipps got a filly named The Bride. The next group belonged to Chenery, and a red colt came forth with a white star on his snout.

“And we got Secretariat’s sister,” Phipps said, “‘who couldn’t outrun me.”

When Christopher Chenery died, a whopping estate tax bill arrived. Penny syndicated Secretariat for $6.08 million, months before the Triple Crown season. For the stockholders it was a reach that became a bargain. But now Secretariat wouldn’t run past his 3-year-old season. He was too valuable in the barn at Calumet Farm.

He won 16 of 21. The what-might-have-beens were silenced by what was.

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“A few times he ran when he shouldn’t have, but I’m sure Lucien felt that at 80 percent he could still win,” trainer John Veitch said. “People don’t remember his competition. Sham was a great horse. It’s like the year I had Alydar and kept coming in second to Affirmed. But Penny did a great job, especially considering she was a neophyte. She knew how special that horse was and she made the most of it.”. For Veitch, Chenery’s passing is a requiem. It symbolizes the golden 70s, in which Secretariat, Seattle Slew and Affirmed won Triple Crowns. It also stands for the fading of racing’s First Families, and the craven marketplace that followed. “It was the last time horse racing was a sport and not a business,” said Veitch, who was the private trainer at John Galbreath’s Darby Dan Farm. “There were the Wideners, the Phippses, the Vanderbilts, the Whitneys. They bred their own horses and ran them. They didn’t need the money. “Mr. Galbreath owned the Pittsburgh Pirates. He once told me that the Pirates were a business, but horse racing was the only place these families could compete with each other.” Chenery worked for the Red Cross in Europe during World War II and was part of the architecture firm that designed landing craft for the D-Day operation. She considered Secretariat a public resource, part of Americana. Three months after he won the Belmont, he won at Chicago’s Arlington Park. “The horse can’t talk but I can,” she often said. And she talked plainly. In the documentary “Penny and Red,” she noted she had dealt with anger management issues, and she revealed her short love affair with Laurin. Even in death Secretariat left people wordless. University of Kentucky pathologist Frank Swerchek performed the autopsy. Secretariat’s heart weighed 22 pounds, nearly three times that of a normal racehorse. And it was pristine.

“It was just this huge engine,” Swerchek told HorsesOnly.com.

“People make a big deal of that,” Veitch said. “It wasn’t just the physical size of that heart. It always goes deeper than that.”

ocregister.com - Whicker: Penny Chenery and Secretariat lived beyond their years

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