Charlatan could make his dam a value buy at $1.2 million

Stonestreet Farm purchased the multiple graded stakes winner Authenticity for $1.2 million out of the 2013 Fasig-Tipton Kentucky fall selected mixed sale. The mare is working to pay that back.

A rising star in the star-studded Stonestreet broodmare band, Authenticity is the dam of two stakes winners from her first two foals, including Kentucky Derby hopeful Charlatan.

Authenticity produced her first foal, the Malibu Moon filly Hanalei Moon, in 2015. A Stonestreet homebred who is still in training, Hanalei Moon won last year’s One Dreamer Stakes at Kentucky Downs and placed in stakes at Fair Grounds and Indiana.

Two years later, Charlatan, by Speightstown, was born. SF Racing and Starlight Racing purchased the colt for $700,000 as a Keeneland September yearling. Stonestreet later bought back in to race the colt in partnership, along with Madaket Stables, Fred Hertrich III, John D. Fielding, and Golconda Stables. Charlatan has won all three of his starts, including a division of Saturday’s Grade 1 Arkansas Derby by six lengths in his stakes debut.

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Authenticity, by Quiet American, won 4 of 12 starts and missed the board only once. The mare blossomed as a 6-year-old in 2013, winning the Grade 2 La Troienne Stakes at Churchill Downs over Grade 1 winner On Fire Baby and Kentucky Oaks winner Believe You Can, and the Grade 3 Shuvee Handicap at Belmont. She also earned four Grade 1 placings that season, including runner-up efforts to champions Royal Delta and Beholder in the Personal Ensign and the Zenyatta, respectively, and a second in the Ogden Phipps. She concluded her career by finishing third in the Breeders’ Cup Distaff at Santa Anita behind champions Beholder and Close Hatches. Royal Delta finished fourth, and Kentucky Oaks winner Princess of Sylmar finished sixth.

After his dam’s career spent tangling with some of the brightest stars of her division, Charlatan will now seek to attain star status for Stonestreet. Stonestreet has yet to win a Kentucky Derby, having campaigned Curlin in partnership to finish third in the 2007 edition, Carpe Diem to finish 10th in 2015, and Good Magic to finish second in 2018.

Meanwhile, back at the farm, Authenticity delivered an Into Mischief filly last year and was bred back to Curlin. The mare has a juvenile Tapit colt now named Bennyfromthebronx, who was purchased for $300,000 by Field Point Associates last year at Keeneland September.