07/27/2007 11:00PM

Padua to refocus business


LEXINGTON, Ky. - Satish and Anne Sanan, who announced Friday that they will relocate their Padua Stables base of operations from Florida to Kentucky, plan to reduce the number of mares they own and return their focus to breeding horses to race.

Satish Sanan said Saturday that the planned move, which will take place over the course of a year, will scale down a program that had evolved in the last decade to include a Florida training center and stallions in both Florida and Kentucky. The Sanans will trim their 100-mare band down to 40 or 50 highly select mares for private breeding.

Sanan is completing the sale of two companies, in India and Atlanta, and his son Sasha is preparing to take a greater role in the Padua operation; both were factors in the decision to move to Kentucky.

"It makes sense from a personal, financial, and business sense, and from the strategy standpoint for the next generation," Sanan said. "I just want to enjoy the racing and focus on the high end of it. Sasha didn't want to live in Ocala, and if you look at Padua's assets, they're all sort of Kentucky-related."

The Sanans have stood stallions in Kentucky, including 2002 juvenile champion Vindication, whose first runners are juveniles this year; Yes It's True, sire of Grade 1 winner Proud Accolade and other good runners; and Exchange Rate, whose runners include Grade 1 winner Ermine. Vindication stands at Hill 'n' Dale Farms in Lexington, and Yes It's True stands at Three Chimneys in Midway, Ky.

Sanan also is a partner in 2007 Preakness winner Curlin.

Since 1997, their base has been in Summerfield, Fla., on the former Silverleaf property, which will eventually go on the market for a price that, for now, is undetermined. The Summerfield farm currently is home to the Sanan's mares as well as the stallions Delaware Township, Pico Central, Proud Accolade, and Snow Ridge.

Padua will continue to stand stallions in Kentucky and Florida, and the Sanans intend to buy a limited number of horses at auction and off the track.

- Gleyne Cain-Oakford