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• May 17, 2008 5:48 pm US/Eastern
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  Three Chimneys To Host Big Brown When He Retires

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Three Chimneys To Host Big Brown When He Retires

Big Brown will stay at Three Chimneys Farm in Kentucky whenever the Kentucky Derby winner's racing career ends.

Three Chimneys in Midway, Ky., has purchased an undisclosed interest in Big Brown, it was announced Saturday.

The bay colt was the odds-on favorite in the Preakness later in the day.

The agreement was reached Saturday between Big Brown's ownership group headed by IEAH Stables and Three Chimneys Farm. Financial terms were not disclosed.

"We have entertained a variety of flattering offers but felt Three Chimneys was the best choice for us," IEAH co-owner Michael Iavarone said in a statement. "We were determined to participate in his breeding career and the Three Chimneys deal has given us this opportunity. We are very excited to partner with the likes of Three Chimneys and will be afforded the opportunity to stand this brilliant colt alongside the likes of Smarty Jones and Dynaformer in the breeding capital of the world."

Big Brown went into the Preakness having won all four of his career starts by a combined margin of 33 3/4 lengths.

"Three Chimneys is thrilled to have the privilege to stand a horse of Big Brown's caliber," farm owner Robert Clay said. "Having won every race he's won with such ease, I don't think we've actually seen what he's truly capable of."

(© 2008 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.)