Peptoboonsmal changes hands

February 28th, 2007

Jackson Land and Cattle, Jackson Hole, WY, announced Tuesday, February 27 that it has completed the purchase of 15-year-old Peptoboonsmal from Larry Hall Cutting Horses, Weatherford, TX. Bred by the late Larry Hall and his wife Elaine (pictured with Peptoboonsmal), the red roan Quarter Horse stallion won NCHA Futurity in 1995 and is currently ranked among leading sires of cutting horses.

The purchase price remains confidential.

“We are honored that Elaine Hall has allowed us to acquire Peptoboonsmal and are excited about the future,” said Richard Fields, owner of Jackson Land and Cattle. “Peptoboonsmal’s bloodline, as well as the quality and depth of horses that he has sired, make him a perfect addition to the Jackson Land and Cattle breeding and cutting horse operation.”

Fields is the chairman of Coastal Development, LLC, a finance and development company that specializes in resorts and casino gaming facilities. Most recently, he co-developed the Seminole Hard Rock Casino and Hotel with locations in Tampa and Hollywood, FL. He is also a partner in Excelsior Racing Associates, which is poised to succeed the New York Racing Association (NYRA), currently in Chapter 11 bankruptcy proceedings, as operator of New York’s three thoroughbred racetracks – Belmont, Aqueduct and Saratoga.

Rick Overstreet, who specializes in the working cow horses, is manager of Jackson Land and Cattle. The cutting horse operation is under the direction of trainer Al Dunning, Scottsdale, AZ. Peptoboonsmal will continue to stand at Carol Rose Quarter Horses in Gainesville, Texas. Rose, a member of the National Cowgirl Hall of Fame, is the all-time leading breeder of AQHA arena performers.

Peptoboonsmal is sired by Peppy San Badger and out of Royal Blue Boon, the cutting industry’s all-time leading producer of money earners.

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