06/29/2013 10:11PM

Bargain purchase Debt Ceiling paying off for O'Donohue

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Although he has already been through an auction ring twice in his young life, it doesn't appear likely that bargain purchase Debt Ceiling will change hands again anytime soon.

"You know when you're a little kid, and you have dreams?" owner Tim E. O'Donohue said after his colt remained unbeaten with a win in the Grade 3 Bashford Manor on Saturday at Churchill Downs. "My dream was this, and I don't think you can put a price on it. So would have to be something worth bundles of money for me to [sell the colt and] quit this dream right now.

"I'm a businessman, I never say no to anything, but I'm living the dream right now."

Racing in steadily falling rain after a storm that delayed post time for the Bashford Manor, Debt Ceiling swept to the lead around the far turn under Eric Camacho to take command of the race entering the stretch. The son of Discreet Cat was kept to task while never challenged down the lane, winning by 2 3/4 lengths and completing the six furlongs in 1:10.66 over a track rated as sloppy.

Debt Ceiling was bred in Kentucky by Jim and Pam Robinson's Brandywine Farm, which sold him for $8,500 as a weanling to Arbor Tree Lane at the 2011 Keeneland November breeding stock sale. Brandywine also consigned the colt, as agent, to the following year's Keeneland September yearling sale, where O'Donohue purchased him for $27,000.

Debt Ceiling has now earned $134,347 for O'Donohue after taking the first major early-summer challenge for 2-year-olds. The colt, who is trained by John J. Robb, entered the Bashford Manor off a debut win in March at Laurel Park, followed by a victory in the Rollicking Stakes last month at Pimlico Race Course.

Debt Ceiling is one of six winners from as many starters out of Top Marks, a stakes-winning daughter of the late Marquetry. The mare is also the dam of multiple stakes-placed winner Dean's List. Top Marks's success as a broodmare is no surprise; the mare is one of four stakes producers out of the stakes-winning Topsider mare Top Princess.

It is the family of 1971 Haskell winner West Coast Scout, as well as Grade 2 winner and millionaire Mountain Cat and Oriental Appeal, a champion in Trinidad and Tobago.