[freddymo]

Originally Posted by Danzig

Sikura signed the $3.1-million sale ticket for grade I winner Madcap Escapade, who is in foal to A.P. Indy. With the transaction, Sikura said he became the owner of a 50% interest in the 7-year-old daughter of Hennessy out of the stakes-winning Saratoga Six mare Sassy Pants. Bruce Lunsford, a candidate for a Kentucky seat the U.S. Senate, retained the other 50%, according to Sikura.

Before Madcap Escapade went through the sale ring, Sikura and Southern Equine each owned 25% of the mare, so, in essence, Southern Equine’s interest was bought out. Lunsford had sold Madcap Escapade, when she was in foal to Pulpit, at the 2006 Keeneland November breeding stock sale to Sikura’s Hill ‘n’ Dale Bloodstock, agent, for $6 million. Soon afterward, Lunsford bought back a 50% interest in Madcap Escapade and the foal she was carrying.

Thx I will send this over to the CPA to explain to me..lol