Updated on 08/02/2011 10:45AM

Three Chimneys Stallions attracts new investor


LEXINGTON, Ky. - Oklahoma businessman Everett Dobson has invested as a minority partner in Robert and Blythe Clay’s Three Chimneys Farm stallion business, the Midway, Ky., farm announced Monday night.

Dobson is the founder of Dobson Communications Corp. in Oklahoma City and an owner of that city’s National Basketball Association team, the Thunder. He races horses under the name Cheyenne Stables. His investment in Three Chimneys Stallions LLC does not include ownership of the 2,300-acre farm or its other businesses, including sales consignment, boarding, and bloodstock management. But it will give him a position on the Three Chimneys board of directors, though he will not be involved in daily management.

“With this injection of new capital, we have strengthened our ability to continue to compete for top new stallions,” Three Chimneys president Case Clay said, adding that Dobson is a longtime Three Chimneys client. Clay also said Three Chimneys will “continue to recruit investors for its stallions and its stallion investor funds.”

Three Chimneys stands 11 stallions: Dynaformer, Big Brown, Exchange Rate, Flower Alley, Good Reward, Lewis Michael, Point Given, Red Giant, Sky Mesa, War Chant, and Yes It’s True.