08/16/2004 12:00AM

Smarty Jones arrives home

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Smarty Jones arrived at Three Chimneys Farm near Lexington, Ky., on Monday and settled into former Triple Crown winner Seattle Slew's old stall.

Smarty Jones, the recently retired winner of this year's Kentucky Derby and Preakness Stakes, arrived at Three Chimneys at 7:45 a.m., according to farm spokeswoman Margaret Layton. After a quick cleaning and a brief tour of the farm, he was placed in his new stall, which overlooks Three Chimneys' courtyard.

"He settled in very nicely and took in all the changes," Layton said. "He looked like the smart horse that everyone says he is."

Several weeks after the Belmont Stakes, Roy and Pat Chapman syndicated Smarty Jones in a deal that put the horse's value at $39 million. He is expected to begin his breeding career in 2005. No fee has been set, but Smarty Jones is expected to cover at least 90 mares in his first season.

Layton said the farm soon will show Smarty Jones on tours that are offered four times a week at the farm. In the first several weeks of his residence, however, Smarty Jones will not be led out of the stall until he becomes more familiar with his surroundings.