Horse Trader: Robert Sangster and the Rise and Fall of the Sport of Kings. Nick Robinson
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When the chairman arrived home he called a meeting in Newmarket with Galpin and informed him that these kind of amateur dramatics were going to have to stop. Galpin pleaded to be allowed to attend the sales in Sydney where he believed he could make the kind of buys that could get the agency back on an even keel. Robert weighed up the cost and decided he either had to let Galpin try again or close the place down. Once again he was tolerant and agreed that Galpin could go as long as Nick was informed as to his precise activities in the sales ring. On that Nick was crystal clear.
‘If you sell all of the Australian horses we have in training you may buy one,’ said Nick. ‘That’s all. Not two, not three, just one.’
With that Galpin set off for the Land Down Under. All was calm for three days. Then one evening Nick was still poring over the office accounts at 10 p.m. when the telex machine in the corner began to rattle. ‘Guess who?’ sighed Nick to himself and, walking over to the noisy modern communicator, read to his utter horror the following words: ‘From Richard Galpin. This is a list of the yearlings I have purchased at Sydney today … Lot 21 … Lot 57 … Lot 102 …’ There were about ten purchases in all, but to Nick they looked like five hundred. He simply could not believe it. He let out a yell of anger that might almost have been heard in Sydney, grabbed the phone, called Robert, and then called Galpin instructing him to return home forthwith, if not slightly sooner.
This really was the end. Nick called Lester Piggott’s wife Susan, who was fast making a name for herself as an extremely efficient bloodstock agent, and offered her Galpin’s job. Robert, appalled at this opening venture as the owner of a Newmarket bloodstock agency, called a meeting at his London office. Present were Galpin, his wife Vivien, Derek Lucie-Smith, the company’s accountant, a director Keith Tamlin, Sangster and Robinson. Galpin opened with a rambling account of the great opportunities in Australian bloodstock. Robert, furious at the way his money was pouring in, and out, of this enterprise, demanded to know why Galpin had not carried out the very clear instructions given to him. Galpin rambled on some more, finally suggesting, with a marketing flourish, that Robert invest in six massive billboards to be erected at regular ten-mile intervals all along the London-Newmarket road. ‘That will increase our business,’ he declared.
Robert’s eyes rolled heavenward and his right foot shot out and slammed Nick in the shins. ‘For Christ’s sake, put the boot in, old friend,’ he groaned. ‘I think this man is crazy.’
Nick did his best to force Galpin to resign, but to no avail. Then Galpin went berserk, shouting and screaming, waving his arms, threatening Nick, threatening Robert with law suits. Nick was pretty angry himself, and his shin still hurt. But Robert went ice-cold silent and he stared hard into the eyes of Richard Galpin, who continued to rant and rave. There was no one to inform him that blind fury was not a good way to subdue R. Sangster and, in the regrettable absence of Tiny Davies, he kept yelling. When he finally subsided, Robert told him quietly: ‘Don’t shout at me again, Richard. You’re fired.’
The terms of his departure took many weeks to be settled and in the end he agreed to buy out Robert on a pay-back guarantee of £100,000 to cover the debts Robert had paid for him and the shares. It would take several years, but Robert was happy to cut loose from the agency. As they left the final meeting together Nick said quietly, ‘I never thought I’d see you that tough and that determined. But I shouldn’t hold your breath for your money.’
Robert grinned and said, ‘Don’t worry about Galpin. I know he’s a bit unusual, but there’s a touch of genius about the man in selecting horses. Remember he bought Solo Stream for me. And I have a lot of patience. He won’t owe me £100,000 for ever. That I can promise you.’
Richard Galpin never paid any of the money back, but in 1979 he had a two-year-old colt in training with Ron Sheather named Flash N Thunder. It won its maiden by four lengths and then finished a close second in the Prix Eclipse at St Cloud to earn a nine-stone rating in the Free Handicap. Flash N Thunder was thus valued at around £100,000 – and from out of the blue Robert claimed the colt from Galpin in settlement of the old debt. He relocated this fast three-year-old in Lambourn with Barry Hills who sent him out to win the Duke of York Stakes at the York May meeting. He was placed at both Royal Ascot and Goodwood, and Robert finally got his money in full when Flash N Thunder was sold to stand as a stallion in Greece. Eight years later the Newmarket Bloodstock Agency Ltd was declared insolvent in the Royal Courts of Justice in London, and compulsorily wound up.
With the Agency now out of the way, Robert began to concentrate more on the purchase of yearlings. His relationship with Eric Cousins was now on the wane, despite Eric training for him a first Royal Ascot winner with Cade’s County in the Norfolk Stakes in 1972. Eric’s principal talent and interest was the improvement of handicap-class horses from other trainers. At this he was supreme, but it was a policy guaranteed to keep him permanently in Division Two, where Robert no longer wanted to reside. And when Cellini began to please Vincent O’Brien in his early work at Ballydoyle, the die was cast for Robert. He was definitely going to stay in the Irish camp and moreover he was going to the Keeneland July Sales with his Irish friends in the summer of 1973 – and he was going to get involved in something big.
In the spring of the year, Secretariat did what no American racehorse had done for twenty-five years, winning the Triple Crown – the Kentucky Derby, the Preakness and the Belmont – with three track-record-breaking performances, the latter by an unprecedented thirty-one lengths. In one week Secretariat appeared on the front cover of Time Magazine, Newsweek, and Sports Illustrated. He even made the centrefold in Vogue. No one could remember such adulation ever being lavished upon a racehorse – not for Man O’ War, not for Equipoise, not for Citation, not for Native Dancer, nor for Kelso. Not even for Secretariat’s own father Bold Ruler. With the row over Watergate threatening to dislodge President Nixon, it was as if this nearly unbeatable big chestnut colt had come along to provide a hero when everyone felt they needed one. All over New York there were even blue bumper stickers demanding: ‘Secretariat for President!’
When Robert, John Magnier and Vincent O’Brien met up at Keeneland they found themselves in the bull market to end all bull markets. Prices for yearling racehorses were rocketing as owners, trainers and agents battled it out in the ring for the next Secretariat. As John Magnier had forecast, yearlings by Nijinsky fetched huge amounts, two of them selling for around $200,000. A Northern Dancer yearling fetched $200,000, with four more making well over $100,000. Two by Raise a Native made around $200,000, with two more above $100,000. But the colt everyone wanted was one of the last sons of the late Bold Ruler, from the French mare Iskra. Tom Cooper of the Irish branch of the British Bloodstock Agency considered the colt the best-looking horse in the sale, and Vincent O’Brien agreed with him. Robert asked John Magnier what he would cost and the Irish stallion man replied, ‘I would say it’ll take a half million dollars to buy him.’
‘Is that a lot?’ said Robert.
‘No,’ said Magnier.
Robert told Vincent they would go to $500,000 for the son of Bold Ruler. And, further, Robert had a plan to blow all other bidders out of the water: he would cut them off before their prime with one massive bid which would, hopefully, frighten them all to death.
The usual procedure for auctioneers is to start off by saying something like: ‘Now here’s a top-class colt, as you can all see. Who’ll gimme a half-million for him … all right, what about $300,000 … OK $200,000 … $100,000 … start him at $50,000 … and $50,000 I have!’ But on this particular evening Robert Sangster planned to curtail that little scenario. The auctioneer had no sooner demanded ‘Who’ll gimme a half-million for the son of Bold Ruler … ?’ when Robert upped and bid the full amount. The auctioneer could hardly