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Big Brown (white silks) - Kentucky Derby - Louisville - Churchill Downs - May 3 2008

Three Chimneys Farm is home to Kentucky Derby winner Big Brown

  PICTURE: Andy Lyons/Getty Images 

Owner Dobson invests in Three Chimneys stallions

OWNER Everett Dobson, in whose colours Caleb's Posse won Monday's Grade 2 Amsterdam Stakes at Saratoga, has invested as a minority partner in Three Chimneys Stallions.

The founder and executive chairman of Dobson Communications Corp. of Oklahoma City, which was sold to AT&T in 2007, Dobson is an owner of the Oklahoma City Thunder.

He also races as Cheyenne Stables and owns a stud farm in Kentucky.

Dobson's investment does not include Three Chimneys Farm or their consignment, boarding or bloodstock management businesses.

"With this injection of new capital, we have strengthened our ability to continue to compete for top new stallions," said Case Clay, president of Three Chimneys Farm in a statement. "Everett shares our values and has been a great friend and client of the farm for years.

"Three Chimneys Farm will continue to recruit investors for its stallions and its stallion investor funds."

Dobson added: "Three Chimneys is a world-class brand with a sterling reputation and a promising group of young stallion prospects.

"I am excited about the opportunity to be involved with the Clays and their professional management team."

Dobson will join Three Chimneys Stallions board of directors but will not be involved in day-to-day management.

Three Chimneys, which was founded in 1972 by Robert Clay, is home to 11 stallions including Dynaformer and Big Brown.

 

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