Ogden Mills Phipps
Encyclopedia
Ogden Mills "Dinny" Phipps (born September 18, 1940 in New York City
New York City
New York is the most populous city in the United States and the center of the New York Metropolitan Area, one of the most populous metropolitan areas in the world. New York exerts a significant impact upon global commerce, finance, media, art, fashion, research, technology, education, and...

) is a retired American
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...

 financier and prominent Thoroughbred
Thoroughbred
The Thoroughbred is a horse breed best known for its use in horse racing. Although the word thoroughbred is sometimes used to refer to any breed of purebred horse, it technically refers only to the Thoroughbred breed...

 racehorse
Horse racing
Horse racing is an equestrian sport that has a long history. Archaeological records indicate that horse racing occurred in ancient Babylon, Syria, and Egypt. Both chariot and mounted horse racing were events in the ancient Greek Olympics by 648 BC...

 industry executive and a Thoroughbred owner/breeder. The son of major Thoroughbred owner/breeder Ogden Phipps
Ogden Phipps
Ogden Phipps was an American stockbroker, court tennis champion and Hall of Fame member, thoroughbred horse racing executive and owner/breeder, and an art collector and philanthropist...

, his grandmother Gladys Mills Phipps
Gladys Mills Phipps
Gladys Livingston Mills Phipps was an United States socialite, sportsperson, and a thoroughbred racehorse owner and breeder who began the Phipps family dynasty in American horse racing...

 owned the renowned Wheatley Stable
Wheatley Stable
Wheatley Stable was the nom de course for the thoroughbred horse racing partnership formed by Gladys Mills Phipps and her brother, Ogden L. Mills. The horses were raised at Claiborne Farm near Paris, Kentucky.-History:...

, and great-grandfather Ogden Mills
Ogden Mills
Ogden Mills was an American financier and Thoroughbred racehorse owner.-Life and career:Born in Millbrae, California, he was the son of Jane Templeton Cunningham and her husband Darius Ogden Mills, a highly successful banker and investor who in 1910 left Odgen Mills and his sister an estate valued...

, involved with Thoroughbreds beginning near the end of the 19th century, owned racing stables in the United States and was a partner with Lord Derby
Edward Stanley, 17th Earl of Derby
Edward George Villiers Stanley, 17th Earl of Derby KG, GCB, GCVO, TD, PC, KGStJ, JP , known as Lord Stanley from 1893 to 1908, was a British soldier, Conservative politician, diplomat and racehorse owner. He was twice Secretary of State for War and also served as British Ambassador to...

 in a racing stable in France
France
The French Republic , The French Republic , The French Republic , (commonly known as France , is a unitary semi-presidential republic in Western Europe with several overseas territories and islands located on other continents and in the Indian, Pacific, and Atlantic oceans. Metropolitan France...

.

Widely known by the nickname "Dinny," he was Chairman of the family's Bessemer Trust
Bessemer Trust
Bessemer Trust is a wealth management and investment advisory firm established in 1907 by Henry Phipps, a partner of Andrew Carnegie in the Carnegie Steel Company. From 1907 to 1974 the private company managed the substantial assets of the Phipps family and was headed by a family member...

 until retiring at 53 or 54 years old in 1994, and still serves as Vice Chairman of the Board.

Horse racing industry executive

A member of the Board of Directors
Board of directors
A board of directors is a body of elected or appointed members who jointly oversee the activities of a company or organization. Other names include board of governors, board of managers, board of regents, board of trustees, and board of visitors...

 and a past Chairman of The Jockey Club
The Jockey Club
The Jockey Club, formed on February 9, 1894, is the keeper of The American Stud Book. It came into existence after James R. Keene spearheaded a drive in support of racehorse trainers who had complained about the Board of Control that governed racing in New York State.-History:On its formation, The...

 and of the New York Racing Association
New York Racing Association
The New York Racing Association, Inc. is the not-for-profit corporation that operates the three largest thoroughbred horse-racing tracks in the state of New York. It runs Aqueduct Racetrack in South Ozone Park, Queens, Belmont Park in Elmont, Long Island , and Saratoga Race Course in Saratoga...

, Dinny Phipps is a member of the Jockey Club of Canada
Jockey Club of Canada
The Jockey Club of Canada was formed in 1973 to oversee thoroughbred horse racing in Canada. Based in Toronto, Ontario, the club is responsible for the annual Sovereign Awards program and the Canadian Graded Stakes Committee.Founding members:...

 http://www.jockeyclubcanada.com/history.html He also serves on the Board of Breeders' Cup
Breeders' Cup
The Breeders' Cup World Championships is an annual series of Thoroughbred horse races, most but not all Grade I, operated by Breeders' Cup Limited, a company formed in 1982. From its inception in 1984 through 2006, it was a single-day event; starting in 2007, it expanded to two days. The location...

 Limited and the National Thoroughbred Racing Association
National Thoroughbred Racing Association
The National Thoroughbred Racing Association is a broad-based coalition of horse racing interests consisting of leading thoroughbred racetracks, owners, breeders, trainers and affiliated horse racing associations, charged with increasing the popularity of horse racing and improving economic...

.

Thoroughbred racing

Like their father and grandmother before them, Dinny Phipps and his sister Cynthia had a long working relationship with the Hancock family's Claiborne
Claiborne Farm
Claiborne Farm is a thoroughbred Horse breeding operation in near Paris, Kentucky. It was established in 1910, by Arthur B. Hancock, owner of Ellerslie Farm in Albemarle County, Virginia, and has been operated by members of his family ever since.-Owners:...

 breeding farm near Paris, Kentucky
Paris, Kentucky
As of the census of 2000, there were 9,183 people, 3,857 households, and 2,487 families residing in the city. The population density was . There were 4,222 housing units at an average density of . The racial makeup of the city was 84.23% White, 12.71% African American, 0.16% Native American, 0.16%...

. In 1995, Dinny Phipps' great filly Inside Information
Inside Information (horse)
Inside Information is an American Hall of Fame and Champion Thoroughbred filly racehorse.She was a homebred owned by Ogden Mills Phipps and trained by Hall of Fame trainer "Shug" McGaughey. Inside Information had an outstanding race record of 14 wins in 17 starts...

 won the Molly Pitcher Handicap, following his sister Cynthia who won it in 1992 with Versailles Treaty, and his father Ogden who had also won it in 1988 with Personal Ensign
Personal Ensign
Personal Ensign was an American champion Thoroughbred racehorse.A bay filly by Private Account out of Grecian Banner , she was the undefeated winner of 13 races and won $1,679,880 in the United States from 1986 to 1988...

.

Dinny Phipps and his father were two of the subjects in the 2003 book Legacies of the Turf: A Century of Great Thoroughbred Breeders by race historian Edward L. Bowen
Edward L. Bowen
Edward L. Bowen is an American Thoroughbred horse racing historian and author and the president of the Grayson-Jockey Club Research Foundation, an institution involved in funding equine research....

 that chronicled the history of Thoroughbred racing's most influential breeders
Horse breeding
Horse breeding is reproduction in horses, and particularly the human-directed process of selective breeding of animals, particularly purebred horses of a given breed. Planned matings can be used to produce specifically desired characteristics in domesticated horses...

. In 1978 Dinny Phipps received the Eclipse Award of Merit
Eclipse Award of Merit
The Eclipse Award of Merit is part of the American Eclipse Awards in Thoroughbred horse racing. The industry's highest honor, it is presented to an individual or entity displaying outstanding lifetime achievement in, and service to, the Thoroughbred industry....

, the horse racing industry's highest honor, plus he was voted the New York Turf Writers Award as "The Man Who Did the Most for Racing." In 2002, Phipps received the Industry Service Award from the Thoroughbred Owners and Breeders Association
Thoroughbred Owners and Breeders Association
The American Thoroughbred Owners and Breeders Association based in Lexington, Kentucky is a trade organization for Thoroughbred racehorse owners and breeders...

.

Among the many successful horses raced by Dinny Phipps were:
  • Rhythm
    Rhythm (horse)
    Rhythm was an American Champion Thoroughbred racehorse. Regally bred in Kentucky, he was out of the Grade I winning mare Dance Number who was a daughter of the Champion British and American sire and U.S. Racing Hall of Fame inductee, Northern Dancer. Rhythm's father was a North American Champion...

     (b. 1987) - 1989 American Champion Two-Year-Old Colt, won 1989 Breeders' Cup Juvenile
    Breeders' Cup Juvenile
    The Breeders' Cup Juvenile is a Thoroughbred horse race for 2-year-old colts and geldings raced on dirt. It is held annually at a different racetrack in the United States or Canada as part of the Breeders' Cup World Championships....

    ;
  • Dispute (b. 1990) - a winner of four Grade 1
    Graded stakes race
    A graded stakes race is a term applied since 1973 by the American Graded Stakes Committee of the Thoroughbred Owners and Breeders Association to thoroughbred horse races in the United States and Canada to describe races that derive their name from the stake, or entry fee, owners must pay...

     races including the Kentucky Oaks
    Kentucky Oaks
    The Kentucky Oaks is a Grade I stakes race for three-year-old Thoroughbred fillies staged annually in Louisville, Kentucky, United States. The race currently covers 1⅛ miles at Churchill Downs; the horses carry 121 pounds . The Kentucky Oaks is held on the Friday before the Kentucky Derby each year...

    ;
  • Inside Information
    Inside Information (horse)
    Inside Information is an American Hall of Fame and Champion Thoroughbred filly racehorse.She was a homebred owned by Ogden Mills Phipps and trained by Hall of Fame trainer "Shug" McGaughey. Inside Information had an outstanding race record of 14 wins in 17 starts...

     (b. 1991) - 1995 American Champion Older Female Horse, won 1995 Breeders' Cup Distaff, 2008 U.S. Racing Hall of Fame
    National Museum of Racing and Hall of Fame
    The National Museum of Racing and Hall of Fame was founded in 1950 in Saratoga Springs, New York, to honor the achievements of American thoroughbred race horses, jockeys, and trainers...

     inductee;
  • Storm Flag Flying
    Storm Flag Flying
    Storm Flag Flying is an American Champion Thoroughbred racehorse. In 2002, Storm Flag Flying won the Breeders' Cup Juvenile Fillies, a race won by her dam in 1995. She also won the Frizette Stakes and Matron Stakes in her championship two year old season...

     (b. 2000) - voted the 2002 American Champion Two-Year-Old Filly, won 2002 Breeders' Cup Juvenile Fillies
    Breeders' Cup Juvenile Fillies
    The Breeders' Cup Juvenile Fillies is a 1 1/16-mile thoroughbred horse race on dirt for two-year-old fillies run annually since 1984 at a different racetrack in the United States or Canada as part of the Breeders' Cup World Championships.-Automatic Berths:Beginning in 2007, the Breeders' Cup...

    ;
  • Pleasant Home (b. 2001) - won 2005 Breeders' Cup Distaff;
  • Smuggler
    Smuggler (horse)
    Smuggler is an American Champion Thoroughbred racing mare. She was a homebred owned by Ogden Mills Phipps and trained by U.S. Racing Hall of Fame trainer Claude "Shug" McGaughey. Smuggler had a very short and brief career on the race track but proved to be a Champion in that brief time. She had a...

     (b. 2002) - voted the 2005 American Champion Three-Year-Old Filly.


In partnership with William S. Farish III, Dinny Phipps bred Storm Song, the 1996 Breeders' Cup Juvenile Fillies
Breeders' Cup Juvenile Fillies
The Breeders' Cup Juvenile Fillies is a 1 1/16-mile thoroughbred horse race on dirt for two-year-old fillies run annually since 1984 at a different racetrack in the United States or Canada as part of the Breeders' Cup World Championships.-Automatic Berths:Beginning in 2007, the Breeders' Cup...

 winner and American Champion Two-Year-Old Filly. In England
England
England is a country that is part of the United Kingdom. It shares land borders with Scotland to the north and Wales to the west; the Irish Sea is to the north west, the Celtic Sea to the south west, with the North Sea to the east and the English Channel to the south separating it from continental...

, Dinny Phipps' horse, Posse, won the 1980 G1
Group One
Group One or Group 1 is the term used for the highest level of Thoroughbred and Standardbred stakes races in many countries. Group One races may be run under handicap conditions in Australia but in Europe weight-for-age conditions always apply. Races may be also restricted to age groups or a...

 Sussex Stakes
Sussex Stakes
The Sussex Stakes is a Group 1 flat horse race in Great Britain open to thoroughbreds aged three years or older. It is run at Goodwood over a distance of 1 mile , and it is scheduled to take place each year in late July or early August.-History:...

 and G2 St. James's Palace Stakes
St. James's Palace Stakes
The St. James's Palace Stakes is a Group 1 flat horse race in Great Britain open to three-year-old thoroughbred colts. It is run at Ascot over a distance of 1 mile , and it is scheduled to take place each year in June....

and went on to sire Group 1 winners.
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