Exchange Rate dies at 19

Million-dollar yearling, multiple Grade 2 winner, and successful sire

Exchange Rate has been euthanized at the age of 19, Three Chimneys announced

Monday.

According to the Midway, Kentucky, farm's release, the son of Danzig had been

battling pneumonia and a liver dysfunction. Unfortunately, the complication of a

"secondary deep vein thrombosis in his right hind leg" proved too much to

overcome.

Out of Grade 3 heroine Sterling Pound, and a descendant of the influential

matriarch Native Partner, Exchange Rate sold for $1.4 million as a Keeneland

July yearling to Padua Stables. He was a prominent juvenile for trainer D. Wayne

Lukas, placing second in both the Hollywood Juvenile Championship (G3) and Best

Pal (G3).

As a three-year-old on the 2000 Triple Crown trail, Exchange Rate captured

the Risen Star (G2) and finished fourth in the Louisiana Derby (G2), but his

stamina limitations were exposed when unplaced in the Wood Memorial (G2) and

Kentucky Derby (G1). The gray found his niche as a sprinter and concluded his

career on a winning note in the 2001 Tom Fool H. (G2). He retired with a mark of

15-6-2-2, including placings in the Frank E. Kilroe Mile (G2) on turf and

Churchill Downs S. (G2), and earnings of $479,803.

Exchange Rate will leave a legacy through such offspring as multiple

highweight Reckless Abandon; U.S. Grade 1 winners Ermine, Ball Dancing, Sunset

Glow, and Swap Fliparoo; and Argentinean Group 1 scorers Kalithea and Querida

Rebeca.

Having bred 127 mares last breeding season, Exchange Rate was again to

command a fee of $20,000 in 2016.

"Exchange Rate was booked full again this year and was running on all

cylinders at stud -- we especially hate losing him because he was such a

wonderful horse to be around and exuded class," said Grant Williamson, Three

Chimneys Director of Stallion Nominations.

"We will try to accommodate all breeders with our other stallions if at all

possible."

Exchange Rate will be buried at Three Chimneys.