10/06/2015 2:31PM

Palace to stand at Spendthrift upon retirement

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Barbara D. Livingston
Multiple Grade 1 winner Palace will stand at Spendthrift Farm upon his retirement.

Multiple Grade 1 winner Palace will stand at Spendthrift Farm in Lexington, Ky. for the 2016 breeding season after concluding his 2015 on-track campaign, which is scheduled to include a start in the Breeders’ Cup Sprint.

The 6-year-old son of City Zip will participate in Spendthrift’s “Share the Upside” program for an advertised fee of $7,500, requiring breeders to breed a mare in 2016 and 2017 and produce two live foals to earn a lifetime breeding right. He will stand for $6,000 on a standard stands-and nurses contract. Commitments are being honored prior to the Breeders’ Cup, and his stud fees are subject to change pending the outcome of his remaining races.

“Palace is the best colt by perennial leading sire City Zip, and he’s a great-looking individual,” said Ned Toffey, Spendthrift’s general manager. “He’s been one of the classiest and fastest sprinters in the country the last couple of years, and we believe breeders will find him to be an exciting opportunity through our ‘Share The Upside’ program in 2016. We’re thrilled to have him, and believe he has a big shot in the upcoming Breeders’ Cup Sprint.”

Palace has won 11 of 26 starts over his four seasons of racing for earnings of $1,391,550, highlighted by victories in the Grade 1 Forego Stakes and Alfred G. Vanderbilt Handicap, as well as the Grade 2 True North Stakes and the Grade 3 Fall Highweight Handicap. Linda Rice trains the horse for owner Antonino Miuccio.

Bred in New York by the Peter J. Callahan, Palace is out of the winning End Sweep mare Receivership, whose four winners from five runners also includes stakes-placed Retriever. He is from the family of Grade 2 winner French Park, and Grade 2-placed Alarming Prospect.