Complex sentence: Hoop Jr. was the first Thoroughbred horse Fred W. Hooper, an Alabama and Florida building contractor, ever bought and he named him after his youngest son, Fred Jr. He paid $10,000 for the colt at the Keeneland Sales.
Split into simpler sentences: Hoop Jr. was the first Thoroughbred horse Fred W. Hooper, an Alabama and Florida building contractor, ever bought. He named him after his youngest son, Fred Jr. He paid $10,000 for the colt at the Keeneland Sales.