Pencarrow Stud
In the heart of the Waikato region, nestled among 300 hectares of mineral-rich countryside, lies Pencarrow Stud, one of the most prestigious thoroughbred nurseries in the country. Established by international businessman Sir Peter Vela, this esteemed stud has become synonymous with world-class racehorses and a commitment to excellence that spans decades.
The Founding Vision
The story of Pencarrow Stud began in 1981 when Sir Peter and his late brother Philip embarked on a journey that would shape the future of the thoroughbred industry. Their vision was clear: to create a legacy built on dedication, passion, and expert judgement.
Sir Peter’s involvement in racing started early in life, influenced by his father’s strong interest in the sport. As a university student, he worked as a starting stalls attendant in the Waikato area, laying the foundation for his future in the industry. It was during his early teaching career that Sir Peter met Laurie Laxon, a friendship that would lead to many racing successes in the years to come.
Building the Foundation
The Vela brothers’ approach to establishing Pencarrow Stud was methodical and forward-thinking. They visited yearling sales, purchasing fillies with the dual purpose of racing and later breeding. Among these early acquisitions were Noble Heights (Champion 3yo filly 1981), Our Lafite (Wakeful Stakes winner), and Richebourg (Gr.3 Tranquil Star Stakes winner). These fillies formed the nucleus of what would become an exceptional broodmare band.
A Legacy of Champions
Over the years, Pencarrow Stud has produced a remarkable lineup of champions. Ethereal, a New Zealand Racing Hall of Fame member, stands out as one of the stud’s most notable successes. This exceptional mare took Australian racing by storm in 2001, claiming victories in prestigious races such as the G1 Queensland Oaks.
Other standout performers bred by Pencarrow include:
- Darci Brahma: A five-time Group 1 winner who went on to become a successful sire.
- Burgundy: Another talented racehorse who found success at stud.
- Insouciant, Romanee Conti, and Supera: Fillies who have continued to enhance the stud’s reputation for producing top-class performers.
Sales Ring Success
Pencarrow Stud’s success extends beyond the racetrack to the sales ring. Under their banner, they have sold six yearlings for more than one million dollars each, a testament to the quality of their breeding programme. The stud’s focus on the New Zealand Bloodstock Premier Yearling sale has allowed them to offer a range of high-quality fillies to buyers while retaining key family members to develop their broodmare band.
Management and Philosophy
Since 1988, Leon Casey has been at the helm of Pencarrow Stud, overseeing its day-to-day operations and strategic direction. The stud’s philosophy centres on quality over quantity, with a particular emphasis on well-bred fillies who can transition into successful broodmares.
While Pencarrow Stud does not stand stallions, they maintain shareholdings in leading sires and support promising stallions bred from their mares. This approach allows them to focus on their core strengths while still benefiting from top-tier stallion genetics.
The Pencarrow Legacy
The impact of Pencarrow Stud on the thoroughbred industry extends far beyond its paddocks. The stud has played a crucial role in shaping the breeding landscape, with many of its graduates going on to influence pedigrees across Australasia.
One of the most enduring symbols of Pencarrow’s legacy is the sculpture of Romanee Conti, created by New Zealand artist Michelle Farrell. This artwork immortalises one of the stud’s foundation mares and serves as a testament to the enduring impact of the Vela brothers’ vision.
Looking to the Future
As Pencarrow Stud continues to evolve, it remains committed to its founding principles of excellence and innovation. The 2013/14 season marked a new era for the stud, with Sir Peter Vela taking sole ownership following his brother’s passing. Under his guidance, Pencarrow continues to build on the success that the brothers started together.
With a focus on developing strong female families and supporting promising young sires, Pencarrow Stud is well-positioned to continue its legacy of producing world-class thoroughbreds. Recent successes, such as Jay Bee Gee’s victory in the Group Three Winter Cup at Riccarton, demonstrate that the stud’s influence remains as strong as ever.
In conclusion, Pencarrow Stud stands as a testament to the vision, dedication, and expertise of Sir Peter Vela and his team. From its humble beginnings to its current status as a powerhouse in the thoroughbred industry, Pencarrow continues to shape the future of racing and breeding in the country and beyond. As the stud looks to the future, it carries with it a rich history and an unwavering commitment to excellence that promises many more years of success on the track and in the breeding shed.