NEWS: SALES

NY-bred yearling sale concludes with second brilliant session, topped by sale record-setter

Monday, August 12th, 2013
hip379_03b_ft08_13_nybred_hrby Sarah Mace
Images courtesy Fasig-Tipton

Led by the session and sale topper, a bay filly by Tapit with a commanding presence who brought a record-breaking $430,000, the 2013 New York-bred preferred yearling sale concluded with double-digit increases across the board following the second and final session Sunday night.

The second session of the 2013 New York-bred sale saw 101 horses sell for $7,778,500, compared to 74 yearlings who brought $4,975,000 in last year’s second session. The session-to-session average was up 14.6 percent from $67,230 in 2012 to $77,015, while the Session 2 median of $55,000 improved 19.6 percent on last year’s figure of $46,000.

Cumulatively, with an expanded 2013 catalogue, a total of 196 yearlings brought $14,206,000 over the two sessions, compared to 2012 when 138 yearlings sold for $8,632,000. The cumulative average rose 16 percent from $62,551 in 2012 to $72,480 in 2013 and the median was up 10 percent from $50,000 last year to $55,000.

A whopping 43 yearlings brought at least $100,000 in the two sessions, more than double the number from the 2012 sale, which saw 20 six-figure sellers. The buyback rate decreased from 38.1 percent in 2012 to 25.5 percent for the sale in 2013.

Fasig-Tipton President Boyd Browning, Jr. said Sunday, “This is the culmination of 10-20 years of work by a lot of people in the state of New York. The New York Thoroughbred Breeders under Jeff Cannizzo’s leadership have done a tremendous job of representing the industry. Guys like [NYTHA President] Rick Violette have worked God knows how many hours – unpaid – representing the horsemen and the breeders and making sure the legislation that was passed was good for the horsemen and good for the breeders and the results speak for themselves.”

Boyd continued, “I think it is a tribute to the New York program, it shows what happens when the breeders and the horsemen cooperate and when the legislators understand the opportunities and the significant impact that our industry can have on a state. You can see the enthusiasm that the breeders feel, that the people at the racetrack feel, and it demonstrates the power of cooperation amongst constituents and the results have been frankly extraordinarily impressive and we are thrilled to have been a part of it.”

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hip379_02b_ft08_13_nybred_hr headshotTopping both the sale and second session was Hip 379, a stunning bay filly by Tapit, who set a new sales record when purchased by Steven W. Young on behalf of Cobra Farm for $430,000 from the consignment of Gainesway, Agent II. The filly also attracted bids from Mandy Pope and Wesley Ward. The previous record for the sale was set in 1999, when Big Boyd (Forest Wildcat / Cat at Short) was purchased by Buzz Chace from the Sugar Maple farm consignment for $360,000.

Bred by Marbat, LLC and foaled at Stone Bridge Farm in Gansevoort, the filly is the just the second foal out of Miss Challenge, a Kentucky-bred daughter of More than Ready owned by R. A. Hill Stable who won a one-mile overnight stakes on the grass at Belmont ($124,372). Miss Challenge is a half-sister to Grade 2 winner Ventana (Toccet) and issues from the family of sire and Grade 1 winner Stephen Got Even.

Gary Biszantz of Cobra Farm told the TDN, “We have a breeding farm in Kentucky and we like to race our horses. We want to try to breed after they are done racing and she’s the kind of filly who would be an inspiration for us. We can take her to a good sire and we really have a good horse. We are trying to improve our breeding stock a little bit and she is the kind of filly that really has the pedigree and, being a New York-bred, she really has a chance to be something.”

Biszantz added, “She’ll probably go to Christophe Clement to train. We’ll run her in New York and hope she is a champion.”

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hip207_01b_ft08_13_nybred_hrThree out of the four top yearlings sold over the two sessions were fillies, and the top-seller in Session 1, and co-second-highest seller at $300,000, was also purchased by Steven W. Young, a bay War front Filly (Hip 207) bred and consigned by Sal and Colleen Simeone’s Florida-based Sienna Farms LLC and foaled at McMahon of Saratoga Throughbreds.

Out of multiple-winner Unrepentant, a Maryland-bred daughter of Pleasant Tap ($209,345), the February filly already has a winning sibling from the dam’s first foal to start. Her second dam is stakes-placed. Sienna Farms sold Unrepentant for $10,000 at this year’s Keeneland January Sale.

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hip392_03b_ft08_13_nybred_hrSelling in the second session to Everett Dobson’s Cheyenne Stables LLC, also for $300,000, was a chestnut filly by Speightstown out of the unraced Kentucky-bred Chief’s Crown mare My Reem (Hip 392).

Bred by Larry Goichman, foaled at Vivien Malloy’s Edition Farm and consigned by Shack Parrish’s Indian Creek, the sale filly has four winning siblings, including multiple stakes-winner and graded stakes-placed Willard Straight by Lion Cavern ($302,029) and stakes-winning New York-bred Jesse’s Justice by Lear Fan ($177,226). There is abundant black type under the second dam, Fabulous Salt.

Dobson said, “I’ve been buying New York-breds for several years now, so I’ve been very supportive of the New York-bred program and racing up here. I enjoy racing in New York and being up here in Saratoga. This is a filly that can race anywhere, on any circuit. And she looks like she can run anywhere–on turf, dirt—but the fact that she is a New York-bred just gives you a little added bonus. You obviously get the opportunity to run in restricted races and that gives you a little added incentive to pay a little more for a horse.”

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hip350_01b_ft08_13_nybred_hrThe top colt of the sale changed hands in Session 1, purchased by William Schettine for $250,000 from the consignment of Craig and Holly Bandoroff’s Denali Stud, agent for breeder Gallagher’s Stud. A dark bay or brown son of Midnight Lute, Hip 350 is out of Krakowviak, a Kentucky-bred winner by Tale of the Cat purchased by Gallagher’s Stud at the Fasig-Tipton Kentucky November mixed sale in 2005 for $325,000.

The dam of Gallagher’s-bred winner Hidden Vow (Broken Vow), Krakowviak is a half-sister to Antoniette, a graded winner who is the dam of two stakes winners, led by Grade 1 winner and millionaire Switch (Quiet American).

Mrs. Marlene Brody, who began Gallagher’s Stud with her late husband Jerry in the late 1970s told the TDN, “When he was in the ring, I was thinking he looked splendid. He was posing and I congratulated the young man over there [consignor Craig Bandoroff] who taught him to walk and to stand–he did a wonderful job.” Brody added, “It’s very gratifying. I think we’ll be breeding better and better horses. I think what is happening now will encourage New York breeders to breed better and to buy better mares.”

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Other yearlings of note:

Hip 300 (Yes It’s True / Free as Tristan), a half-brother to Amberjack, winner of this year’s Mike Lee and New York Derby and pointing to a sweep of this year’s Big Apple triple when he contests the upcoming Albany Stakes at Saratoga on August 21. Bred by Dixie Farm, the colt sold to Peter Deutsch for $200,000 in Session 1.

Hip 395 (Elusive Quality / Naughty Natasha), a half-brother to multiple New York-bred champion, millionaire and Grade 3 winner Naughty New Yorker. Bred by Dr. William B. Wilmot, Dr. Joan M. Taylor and Darley, the colt sold to David Cannizzo, agent on behalf of Two Tone Farm for $200,000.

Hip 446, a colt from the first crop of Desert Party out of multiple-winner Salt Water Reign (Salt Lake), who was purchased by Mike Mareina for Kuehne Racing for $200,000 from the consignment of Indian Creek, agent. Darley stallion Desert Party relocated to Sequel Stallions New York in 2013.

Click here for complete sale results.

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