Does anyone know how they came up with the name for Long Range Toddy?

Horse is owned by Willis Horton. You may remember his horses Will Take Charge and Take Charge Brandi. Couldn't find anything that definitely confirms your speculation, but did find out that Mr. Horton does name some of his horses after grandchildren. Such an interesting name. Maybe we'll be told, If he makes the KD, which seems likely, or maybe before.