01/03/2008 12:00AM

Richards, owner of Bold Arrangement, dies

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British owner Tony Richards, whose Bold Arrangement narrowly missed winning the Kentucky Derby in 1986, died Wednesday at the age of 80.

Trained by Clive Brittain, Bold Arrangement was the first British-trained horse to run in the Derby. Richards and Brittain prepped the Persian Bold colt for his Churchill Downs outing with a close third-place finish in the Blue Grass Stakes. He then finished second by 2 1/4 lengths to Ferdinand in Louisville, an effort that remains the closest a foreign invader has ever come to winning the Derby. Bold Arrangement also finished fifth to Skywalker in that year's Breeders' Cup Classic and 11th to Ferdinand in the following year's Classic, both times wearing Richards's distinctive yellow, black, and white silks.

The founder and owner of Ewar Stud Farm in Wokingham, England, Richards's biggest victory came in the 1988 Grand Prix de Saint-Cloud with Village Star.