FRIENDS of Stephen Kernan can expect a little something extra in their Christmas presents this year after one of the Omagh man’s investments paid out big time this week!
Kernan is a member of the Ontoawinner syndicate that owned a fifty percent stake in Quiet Reflection, a four-year filly that was sold for a whopping £2.1million guineas (£2.2million) at Tattersalls, Newmarket on Tuesday.
The filly was purchased by the Irish-based Coolmore Stud primarily for breeding and left Kernan and co-owners laughing all the way to the bank.
‘Quiet Reflection’ had been purchased by the syndicate at a ‘breeze up’ sale in Doncaster just two years earlier for a mere £44, 000.
Since then Reflection established herself as one of the top young sprinters in the world of racing.
She recorded Group One successes in winning the Commonwealth Cup at Royal Ascot before romping to victory in the 32 Red Sprint Cup at Haydock.
In all Reflection went on to win seven stake races out of 13 including wins at Ayr, in Futures Champions Day at Newmarket, in the Prix Sigy at Chantilly before breaking the course record in th Sandy Lane Stakes at Haydock.
Her value soared in 2016 however a leg fracture meant that Reflection was out of action for most of this year although she recovered to get a run out in Ireland later in the season.
“If she hadn’t picked up that injury and won a couple of more races this year then she may well have been worth more,” said Mr Kernan.
“Being involved in the syndicate has never been about the money it was for the fun of it.
“But Quiet Reflection has given us so many great memories, it’s been a tremendous journey.
“She had loads of what they call black type and we knew that her value lay somewhere between £1.5-£2million.
“It was getting to the stage where it was simply out of our league.
“The new owners may race her for part of next year but there’s a fair chance she’ll be covered by Galileo, considered the best breeding race horse in the world.”
Coolmore Stud is based in Tipperary and Stephen intents to keeping a watching brief on Reflection and any of her progeny.