NEWS: sales

Major indicators solid for NY-bred yearlings at another record-breaking F-T October

Thursday, October 23rd, 2014
FT Oct  yearlings 14 logoBy Sarah Mace

New York-bred yearlings, topped by five individuals who realized six figures, put in a solid showing at the three-day Fasig-Tipton October sale, which climbed into record territory once again this year, seeing new highs in gross, average, and median.

For the auction as a whole, total sales climbed 7.5 percent with a 5 percent year-to-year increase in average from $34,117 to $35,850, and an 8.8 percent rise in median from $17,000 to $18,500. Buybacks were also up this year, though, increasing from 16.2 percent to 20.7 percent.

The figures for New York-bred yearlings came in a shade below the general population of the sale, but in the same general range. In all, 71 New York-bred yearlings of the 92 offered changed hands (including four private sales) for a buyback rate of 22.9 percent. The New York-bred average was $32,547 and median was $18,000.

The 2014 indicators, save for the buyback rate, are on a par with the New York-bred results at the 2013 renewal of the sale. Last year, of 93 New York-breds offered sold 77 sold (including three private sales) for a 17 percent buyback rate. The 2013 average was $32,974 slightly higher than this year, but this year the median improved from $17,000.

The top two New York-bred yearlings changed hands in the first session; Hip 34, a chestnut daughter of Kitten’s Joy bred by Ken and Sarah Ramsey and Hip 56 a dark bay or brown Smart Strike colt bred by Stone Bridge Farm, LLC, who brought $140,000 and $130,000 respectively (read more).

The three other individuals who brought at least $100,000 were led by Hip 1129, a bay colt by Hard Spun bred by JMJ Racing Stables, LLC whose first three dams are stakes winners (Sunday Geisha, Above the Table and One Night Affair). Kirkwood Stables, Agent, purchased the colt from the consignment of Burleson Farms, Agent for $105,000.

Boomer Investments signed a $100,000 ticket for Hip 451, a Super Saver colt bred by Carl Bennett whose dam Fly the Colors (Giant’s Causeway) is a half-sister to charismatic multiple graded stakes-winning millionaire Revolutionary (War Pass), recently retired to stand at WinStar Farm for 2015. Also hammered down for $100,000 was Hip 814, a colt by Trappe Shot bred by Hidden Lake Farm, LLC and Jeremy Peskoff out of stakes placed Nootka Island whose only foal to start is a winner.

Kitten’s Joy filly tops New York-bred yearlings in opening session of F-T KY

Tuesday, October 21st, 2014
FT Oct  yearlings 14 logoBy Sarah Mace

In the opening session of the three-day Fasig-Tipton Kentucky fall yearling sale at Newtown Paddocks in Lexington, trainer Gary Contessa, agent, went to $140,000 to purchase the top-selling New York-bred yearling, a chestnut daughter of Kitten’s Joy bred by Ken and Sarah Ramsey and foaled at Questroyal North in Stillwater.

Hip 34 issues from a family of top achievers, champions and producers. Her third dam is multiple Grade 1 winner, millionaire and 1989 Breeders’ Cup Distaff runner-up Gorgeous, by Slew o’ Gold. Gorgeous is a half-sister to multiple graded stakes winner and sire Key to the Moon, who won the 1984 Sovereign Award for 3-year-old colt. Her half-sister Seaside Attraction was a Grade 1 winner and produced Grade 1 winner Golden Attraction, Eclipse Award winning 2-year-old filly in 1995. Grade 1 winner Cape Town also appears among the many black type winners in this portion of the family tree. The filly’s unraced dam Wise Impression, by Smarty Jones, is already the producer of one winner from one foal to start. Wise Impression currently has a weanling colt by Courageous Cat and was bred to Point Given this year.

The top New York-bred colt in the session, a dark bay or brown Smart Strike colt bred by Stone Bridge Farm, LLC where he was foaled, went to Chestnut Street Stables from the Lane’s End consignment for $130,000. Hip 56 is out of New York-bred champion Acey Deucey, a daughter of Abaginone bred by Glen Grey Farm and campaigned by Jeffrey Tucker. Acey Deucey won the 2005 editions of the Grade 1 Prioress and Grade 2 Comely Stakes, for which she was voted New York-bred champion 3-year-old filly and top female sprinter. She has so far produced two winners from two foals to start, including multiple stakes winner Preachintothedevil by Pulpit. Acey Deucey currently has an unraced 2-year-old filly by Malibu Moon named Royalton, who brought $200,000 at the 2013 Fasig-Tipton New York-bred preferred yearling sale in Saratoga, and a weanling filly by Tiznow. She was bred this year Curlin.

During the auction’s first session, 31 New York-breds sold (including one private sale) from 42 offered (26 percent buyback rate) for an average price of $30,854 and median of $15,000. In a session-to-session comparison with last year, the sale as a whole saw a double digit increase in average (19 percent) from $28,519 to $34,056 and more modest increase in median (3 percent) from $16,500 to $17,000. Buybacks in the general population of the sale increased to 29 percent from 20 percent in the opening session last year.

The second session of the sale begins on Tuesday at 10:00 a.m.

Weanling colt by Shackleford tops Fasig-Tipton Saratoga Fall sale at $150,000

Wednesday, October 8th, 2014
Fasig-Tipton photo

Hip 409 (Fasig-Tipton photo)

By Sarah Mace

Weanlings generated the most fireworks at the 2014 Fasig-Tipton Saratoga Fall sale, which in its third year expanded from a single session to two days and added yearlings into the mix. The sale topper was Hip 409, a chestnut colt from the first crop of Shackleford who was purchased by Palermo Farm for $150,000. J.J. Crupi signed the ticket.

Fasig-Tipton photo

Fasig-Tipton photo

Bred by Mares Rule II and foaled on February 1 at Rhapsody Farm in Plymouth, Hip 409 is the first foal out of Spanish Post, a multiple winner by Flatter and earner of $84,114 in Canada. Spanish Post, who was purchased by the consignors, Elaine Peck’s Rhapsody Farm and Chris Bernhard’s Hidden Lake Farm, for $30,000 at last year’s Keeneland November sale, is out of Spanish Play, a stakes winner and half-sister to Grade 2 winner and stakes producer River Boat. Spanish Play is also the granddam of multiple graded stakes winning New York-bred turf sprinter Silver Timber.

Hip 307 (Fasig-Tipton photo)

Hip 307 (Fasig-Tipton photo)

The second and third top-selling weanlings were also colts. Ken and Sarah Ramsey went to $90,000 to purchase Hip 307, a dark bay/brown son of Spring At Last out of stakes producer E T Phone Laura (Roar). Catalyst Bloodstock consigned the February 10 colt, who was bred by John P. Hicks, William Hart and Henry Higgitt.

Justin Casse signed a ticket for $85,000 on behalf of JSM Equine for Hip 259, an Into Mischief colt consigned by Sequel Stallions New York, Agent. Bred by Sequel Thoroughbreds and JMJ Racing Stables, Hip 259 is out of Back in the Shade, a stakes placed daughter of Put It Back.

Palermo Farm, buyer of the Shackleford colt, also got the top weanling filly. From the Sequel consignment, Hip 298 is a bay from the first crop of The Factor out of Divorce Settlement (Stormin Fever) and issues from the family of Yonaguska.

Weanlings, all of whom were offered in Tuesday’s second session, fared well overall. Seventy-seven individuals sold, including six private sales, of 155 offered (including one Florida-bred [Hip 362]) for a total of $1,693,200, a slight uptick from last year’s $1,565,200 weanling total for 74 individuals.

This year’s weanling average of $21,990 was also up slightly over last year’s average of $21,151, but more importantly, even improved on the dramatic gains made in 2013 over 2012, the first year of the sale, when weanlings averaged $16,256. The median tells the same story. In 2012, the first year of the sale, the median weanling price was $12,500, but in 2013 it rose to $17,500. This year the weanling median was $16,000.

Hip 166 (Fasig-Tipton photo)

Hip 166 (Fasig-Tipton photo)

Of the yearlings, who were offered with the weanlings on Tuesday, 48 sold, including two private sales, from 87 offered for total sales of $610,400, an average of $12,717 and median of $7,500. The yearling topper was Hip 166, a bay colt from the first crop of Girolamo out of Fast Heart, a half-sister to graded stakes winner Eightyfiveinafifty, who was purchased by Dan Hayden for $62,000. Bred by Sequel Thoroughbreds, Cheryl Anne Prudhomme and Dr. Michael Thomas Gallivan, the colt was consigned by Shamrock Hill Farm (Cheryl Prudhomme) Agent.

Hip 11 (Fasig-Tipton photo)

Hip 11 (Fasig-Tipton photo)

A mixed group of older horses sold on Monday in the sale’s first session, including broodmares, broodmare prospects, racing/broodmare prospects and horses of racing age. In this category 91 were offered and 69 sold for $902,500 with an average of $13,079 and median of $6,500.

Naturally a number of different states were represented by this group, but as it happened the co-toppers at $60,000 issued from the New York breeding program. Hip 11, an unraced 2-year-old New York-bred filly by Curlin out of Birthday Wire consigned by Wes Carter was purchased by Carolyn R. Vogel. She is a half-sister to multiple-stakes winner Wiredfortwotwenty (Greatness). Hip 43, named High Quality, a stakes placed Kentucky-bred daughter of Elusive Quality, was purchased from the Sequel consignment by PTS Ranch, Keith Cupper, Agent in foal to New York sire Mission Impazible, whose first foals are weanlings of 2014.

Top 10 consignors:

SEQUEL STALLIONS NEW YORK $539,500 (28 sold)
VINERY SALES $512,500 (47 sold)
QUESTROYAL NORTH $329,000 (14 sold)
TOM ALBERTRANI $110,000 (3 sold)
STONE BRIDGE FARM LLC  $76,200 (5 sold)


Click here for complete sale results.

Dublin fillies top New York-bred offerings at F-T Midlantic

Tuesday, September 30th, 2014
fasig_tipton_logoBy Sarah Mace

A pair of chestnut fillies from the first crop of Grade 1 winner Dublin topped the New York-bred offerings at the Fasig-Tipton Midlantic Fall yearling sale held on Monday in Timonium, led by Hip 177 who was hammered down to EJ Stable for $65,000.

A January filly bred by James Moloney and Peter Reynolds, Hip 177 is the second foal out of Florida-bred Heaven’s Grace, an unplaced full sister to graded stakes-winning sprinter This One’s for Phil (Untuttable) and a half to 10 other winners, including another stakes winner, Tap Dancer (Sword Dancer). Heaven’s Grace’s first foal, a 2-year-old of 2014 by Munnings named Heaven’s Best, has not yet started.

Abundant black type, including a familiar family of New York-bred stakes winners and stakes performers, appears under the top filly’s third dam, Ontario-bred Finally Found. Finally Found produced New York-bred graded stakes winner Finality and Stolen Beauty, a Kentucky-bred graded stakes winner who is the dam of New York-bred stakes winner Moonlightandbeauty and stakes placed Beautyinthepulpit. Moonlightandbeauty is the dam of New York-bred juvenile champion Giant Moon and stakes winner Moonlight Song.

Darren Kreski, Agent signed a $63,000 ticket for Hip 365, a daughter of Dublin bred by Patrick Heraty, William Duignan & Tranquility Investments Limited. Foaled on February 3, 2013, this filly is out of She’s Mahogany, a placed daughter of Woodman who has produced seven winners of seven foals to start, including Grade 3-placed Au Moon (Malibu Moon). The filly’s second dam is stakes winner Princess Tru by Capote and she issues from the family of star sprinter Bridgetown.

New York-bred yearlings participated in the across-the-board declines at the one-day Fasig-Tipton Midlantic sale. A total of 50 individuals sold of 77 offered, including three private sales, for a 35 percent buyback rate. The New York-bred average price was $13,396 and median was $7,750. The general population of the sale saw a 27.6 percent buyback rate (up from 13.7%), a year-to-year 41.2 percent decline in median from $17,000 to $10,000, and 15.3 percent dip in average from $25,847 to $21,905.

NY-bred yearling results at Keeneland mirror overall market strength and stability

Monday, September 22nd, 2014
By Sarah Mace

Although Fasig-Tipton’s New York-bred preferred yearling sale in Saratoga confirmed last August that it has developed a life and momentum of its own, posting double-digit increases in average and median yet again, New York-bred yearling performance at the just-concluded 2014 Keeneland September yearling sale seems to be more a mirror of the general stability of the yearling market, showing no dramatic fluctuation, but holding on to the robust gains made at this venue in the previous two years.

This year 60 of 88 New York-bred yearlings offered changed hands during the thirteen sessions of the sale, generating gross receipts of $4,114,100. As set forth in the chart below, these numbers did not match 2013 levels, but last year all three indicators had realized triple digit gains over 2012. The bigger window shows that the numbers this year landed in the same ballpark as 2013, and remained worlds apart from the results of 2011.

New York-bred performance at the Keeneland September yearling sale 2011-2014 (% change from the previous year):

2014 2013 2012 2011
Number offered 88 (-9%) 97 (+131%) 42 (-9%) 46
Number sold 60 (-21) 76 (+124%) 34 (-11%) 38
% Not Sold 32% 22% 19% 17%
Total Sales $4,114,100 (-33%) $6,162,700 (+173%) $2,255,500 (+35%) $1,677,500
Average $68,658 (-15) $81,088 (+22%) $66,338 (+50%) $44,145
Median $50,000 (+11%) $45,000 (+39%) $32,500 (n/c) $32,500

This year’s New York-bred average of $68,658 did not rise to the heady level of 2013 ($81,088) either, but was up slightly from 2012 ($66,338), which had posted a 50 percent increase over 2011. The 2014 New York-bred median of $50,000, on the other hand, hit a new high for this sale, up 11 percent from $45,000 in 2013. Moreover the New York-bred median this year was identical to the median price in the general population of the sale.

The results for the New York-bred population at Keeneland are very much in keeping with the description of the overall sale results by Keeneland Vice President of Sales Walt Robertson. “We had a significant improvement in results the last two years,” said Robertson. “Now we’re seeing consistency and stability in the market.”

The New York-bred Keeneland sale topper was a Lemon Drop Kid filly bred by Gallagher’s Stud who was purchased in session four of Book 1 by Blandford Bloodstock for $400,000 (read more). She was one of five individuals who brought at least $200,000 over the course of the sale:

714 – Lemon Drop Kid/Honoria (IRE) (Filly bred by Gallagher’s Stud)
$400,000: Blandford Bloodstock

742 – Distorted Humor/J’ray (Filly bred by Lawrence Goichman)
$250,000: John McCormack Bloodstock LLC

1020 – Sidney’s Candy/Atlantic Ocean (Colt bred by SF Racing )
$240,000: Xavier International Bloodstock, Agent

769 – Super Saver/Latin Lynx (Filly bred by SF Racing, LLC)
$230,000: Nick de Meric, Agent

1304 – Speightstown/Scene Maker (Colt bred by Sequel Thoroughbreds & JMJ Racing Stable)
$220,000: JMJ Racing Stable

Click here for complete Keeneland results.
Click here for a listing of New York-bred hips at Keeneland.

Full brother to stakes winner by Frost Giant commands $100K in Book 4 at Keeneland

Friday, September 19th, 2014
By Sarah Mace

The top-selling New York-bred to change hands during Book 4 of the Keeneland September yearling sale, which occupied the ninth and tenth sessions of the auction (Hips 2383-3180), was a full brother to NYSS winner Loki’s Vengeance by Frost Giant (Keane Stud), who was purchased in session nine by Jeffrey Bloom from the Brandywine Farm consignment for $100,000.

Bred by Andrew Cohen’s Sunrise Stables and foaled on March 24, 2013, Hip 2546 is out of Subtle Sweetness, a multiple winner by During bred in New York by Thomas-Narlinger, LLC and Dennis Repp. Subtle Sweetness’ first foal Loki’s Vengeance won the New York Stallion Stakes Times Square Stakes last April following a runner-up finish in the open Freddy Cappy Capossela Stakes in his stakes debut, and has earned $162,034.

All four of Subtle Sweetness’ foals on the ground are sired by Frost Giant, the leading freshman sire in New York and the Northeast in 2012, including her first filly born last April. The mare was bred back to the stallion this year.

In all, 13 of 19 New York-bred yearlings offered in Book 4 sold for an average price of $38,846 and median of 30,000. Cumulatively through the first four books of the sale, 40 New York-bred yearlings, of 60 offered, have realized an average price of $97,525. The $70,000 New York-bred median is keeping pace with the full sale’s $72,000 median (itself up 10.8 percent from $65,000 in 2013). The overall sale average to date is $124,847, up 5.6 percent from $118,234 last year.

Click here for complete Keeneland results.
Click here for a listing of New York-bred hips at Keeneland.

Colt from Dublin’s first crop tops New York-bred yearlings in Book 3 at Keeneland

Wednesday, September 17th, 2014
by Sarah Mace

A colt from the first crop of New York-based Grade 1 winner Dublin topped the New York-bred yearling offerings in Book 3 of the Keeneland September yearling sale (Hips 1586-2382) selling to Jim Moloney from the consignment of Paramount Sales, Agent XIX for $115,000.

Bred by RF/HF Mares Rule and foaled at Hidden Lake Farm in Otisville, the Dublin colt (Hip 2150) is the second of two foals (both registered New York-breds) out of Taste, a placed Kentucky-bred daughter of Gone West out of Santona (CHI), a Grade 1 winner and champion grass mare in Chile. Taste is also a half-sister to graded stakes winner Grand Hombre. Grand Hombre earned $598,360 in the U.S. and North America before relocating to the U.A.E where he ran until he was eleven, making 16 starts in between 2004 and 2011. The colt’s sire Dublin, who began his stud career for Spendthrift at Keane Stud in 2012, bred 102 mares in his first book for a stud fee of $7,500.

Nine of the 17 Empire-bred yearlings offered in Book 3 changed hands successfully for an average price of $65,667 and a median of $65,000. Through the first three books of the sale, which began on Monday, September 8, 27 New York-bred yearlings have sold (of 41 offered) for an average of $125,778 and median of $90,000. The buybacks include several individuals who RNA’d for six figures, suggesting that some sellers believe they have better options, either in the auction ring or at the racetrack. The buyback rate for New York-breds, currently stands at 34 percent, compared to 25 percent in the sale at large.

Overall, both average and median are up at Keeneland this year. The cumulative average price of $154,881 is up 4.63 percent from $148,017 last year, while the median of $100,000 rose 5.26 percent from $95,000 in 2013.

The Keeneland sale resumes Wednesday with the start of the two-session Book 4 and runs through Sunday, September 21. All sessions begin at 10 a.m.

Click here for complete Keeneland results.
Click here for a listing of New York-bred hips at Keeneland.

Colt by Sidney’s Candy tops New York-bred yearlings in Keeneland’s second book

Monday, September 15th, 2014
by Sarah Mace

As the Keeneland September Yearling Sale marched ahead through its second book with a pair of sessions on Saturday and Sunday (Hips 763-1585), New York-bred sales remained strong. Seven of ten individuals who sold over the weekend commanded six figures, while the cumulative median price for state-breds through the first six days of the auction is outperforming the cumulative median for the general population of the sale. The Empire-bred topper of Book 2 was a colt by Sidney’s Candy out of a multiple graded stakes winner who was hammered down to Xavier International Bloodstock, Agent, for $240,000 on Saturday.

Selling from the consignment of Peter O’Callaghan’s Woods Edge Farm, the bay Sidney’s Candy colt (Hip 1020) was bred by SF Racing and foaled at Vinery New York at Sugar Maple in Poughquag on May 14, 2013. His dam is Atlantic Ocean, a multiple graded stakes winning Florida bred daughter of Stormy Atlantic who won the Grade 3 Miesque Stakes at two at Hollywood Park and the Grade 3 Santa Ysabel Stakes at three at Santa Anita. She enjoyed stakes success on both turf and dirt over three seasons of racing, earning $678,210.

Atlantic Ocean, who was purchased by Gavin Murphy and Neil Bowden’s SF Bloodstock at the 2010 Keeneland November sale for $230,000, has produced two winners from two foals to start including stakes placed Golden Galleon by Medaglia d’Oro. Her only other registered New York-bred offspring, a 2-year-old filly by Super Saver named Save Our Oceans, brought $240,000 at last year’s Keeneland yearling sale and has not yet started. Atlantic Ocean currently has a weanling full brother to the sale colt and was bred this year to Violence.

Thirteen New York-breds in all were offered in Keeneland Book 2, seven selling for six figures, including three who brought more than $200,000. The Book 2 average price for New York-breds was $146,000 and the median was $155,000.

Over the first six days of business (Books 1 and 2) 18 of 24 New York bred yearlings offered have changed hands, for a 25 percent buyback rate, which is slightly better than the 27.1 percent buyback rate of the overall sale.

The cumulative New York-bred average is $155,833, which predictably lags behind the average for the general population of the sale ($202,770, up 4.3 percent from 2013). The cumulative New York-bred median of $155,000, however, is better than the overall sale, which sits at $150,000 (3.5 percent higher than last year’s $145,000).

The sale continues Monday with the first of two session of Book 3 and runs through Sunday, September 21. All sessions begin at 10 a.m.

Lemon Drop Kid filly brings $400,000 as Keeneland September wraps up Book 1

Friday, September 12th, 2014
by Sarah Mace

The lion’s share of the New York-bred yearlings catalogued for the marathon Keeneland September yearling sale have yet to go through the sales ring, but the select group offered in the first four sessions that comprise Book 1 made a strong showing this week as six individuals brought six figures, topped by a bay January filly by Lemon Drop Kid who was purchased by Blandford Bloodstock for $400,000.

Bred by Gallagher’s Stud and consigned by Craig and Holly Bandoroff’s Denali Stud, Hip 714 is the third foal out of Honoria, an Irish-bred stakes-winning daughter of Sadler’s Wells purchased by Gallagher’s Stud in foal at the 2009 Keeneland November sale for $250,000.

Honoria’s first foal and only runner to date is Maximova by Danehill Dancer (IRE), who parlayed a winning debut routing on the turf into three straight scores, capped by a victory in the Bit of Whimsey Stakes at Belmont Park. Honoria’s second foal, a 2-year-old Speightstown colt named Energy Town brought $180,000 at last year’s Keeneland yearling sale. Currently the mare has a weanling filly by Distorted Humor and was bred this year to Street Cry (IRE).

In all, eight of 11 New York-bred yearlings offered over the first four sessions of the sale sold for an average of $168,125 and $150,000 median. The numbers for the sale overall are strong. The cumulative average for Book 1 of $300,535 posted an increase of seven percent over last year’s $280,925 and the median of $240,000 was 15.7 percent higher than 2013’s $207,500. The RNA rate was essentially unchanged at 27 percent.

Following a dark day on Friday, the sale resumes on Saturday and Sunday with Book 2 (Hips 763-1585). Sessions begin at 10 a.m.

Click here for a listing of hip numbers and links to the catalogue pages of all New York-bred yearlings in the catalogue.

Grade 1 winner Discreet Marq to be offered at Fasig-Tipton November Sale

Thursday, August 28th, 2014
(Edited press release)

Trainer Christophe Clement will consign, as agent, Grade 1 winner Discreet Marq at the November 3rd Fasig-Tipton November Sale on behalf of her owners and breeders Patricia and Frank Generazio.

A four-year-old daughter of Discreet Cat, Discreet Marq’s most prestigious victory came in 2013 Del Mar Oaks (G1), in which she defeated a top class field that included five graded stakes winners.  Her five career stakes wins to date also include the Sands Point S. (G2) at Belmont as a three-year-old, as well as the Lie Low S. at Aqueduct at two.  In 15 consecutive stakes starts dating back to her two-year-old year, she has never been worse than fourth or beaten more than 3 ¼ lengths.  She has career earnings to date of $945,900.

“Discreet Marq is as remarkably consistent and versatile a filly as I have ever trained,” said Clement.  “From her two-year-old year, to present, she has won from 5 ½ furlongs to 1 1/8 miles, competing against the best fillies of her generation from coast-to-coast. She is also a very beautiful filly, and should appeal to a wide range of buyers this fall at Fasig-Tipton.”

Discreet Marq’s first dam, To Marquet, and her second dam, Pretty Momma, are both multiple stakes winners and multiple stakes producers.  Her third dam, Turn To Mommie, is also a multiple stakes producer.

Discreet Marq is scheduled to make her next start in the Grade 1 First Lady S. at Keeneland on October 4th.

For further information: Christophe Clement (772) 475-7305