Dogwood Stable announced Tuesday the sale of 50 percent of Palace Malice to Three Chimneys Farm in a scenario that might see the multiple Grade I winner return to training for 2015.
Cot Campbell, Dogwood Stable president, announced Sept. 22 that Palace Malice was being retired because of a deep bone bruise in his left hind leg. In a release issued Tuesday, Campbell said that Palace Malice will be examined on Nov. 15 and, if the son of Curlin is determined to be sound, would return to trainer Todd Pletcher for another campaign.
Campbell called Three Chimneys' offer "unexpected and unique" and "very enticing to us."
Palace Malice, champion of the 2013 Belmont Stakes, won four consecutive graded stakes in 2014 before finishing an uncharacteristic sixth in the Whitney Stakes at Saratoga on Aug. 2.
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The bone bruise to Palace Malice's left hind cannon bone knocked him off the track for the rest of this year, but Dr. Larry Bramlage of Rood and Riddle felt he would heal perfectly with several months of inactivity, and could race as a 5-year-old.
Campbell said Three Chimneys will acquire full ownership of Palace Malice upon his retirement from racing. Should Palace Malice resume training, he would race in the name Three Chimneys Farm/Dogwood Stable, and in Dogwood colors.
"This joint ownership between Dogwood and Three Chimneys allows the owners of the four shares in Dogwood's Palace Malice partnership to take a fair bit of money off the table, and still look forward to racing a horse that has had only 17 starts, and will not have his fifth birthday until May 2," Campbell said.