09/23/2016 3:46PM

Stakes winner Readtheprospectus retired

Adam Coglianese/NYRA
Readtheprospectus wins the Commentator Handicap in 2013.

ELMONT, N.Y. – Readtheprospectus, a stakes-winning New York-bred gelding who had dipped into the lower-level claiming ranks, has been retired from racing.

Readtheprospectus, by Read the Footnotes, was scratched from a $5,000 claiming race at Finger Lakes on Sept. 14. The previous connections of the horse contacted owner Mike Repole, who had claimed the horse for $32,000 last December but hadn’t run him, and a deal was reached to retire him.

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Readtheprospectus had begun his career in the barn of Chad Brown, who trained him for Seth Klarman and William Lawrence. It was Brown, once alerted that the horse was in for $5,000, who contacted Repole, and further discussions ensued.

“Thanks to the generosity of both Mike Repole and Klaravich Stable, an agreement was reached to retire this brave racehorse and return him back to my care,” said Brown. “Both owners jointly were very generous, and we appreciate that. We’re happy to report this horse is going to go on to another career.”

Brown said Readtheprospectus is at Saratoga with him but would soon be moving to a nearby farm. Readtheprospectus will either be turned into a stable pony or become a riding horse.

Readtheprospectus won 10 of 20 starts, including the Commentator Stakes and Spite the Devil Stakes. He earned $511,627.