NEWS: sales

Keeneland November 2014 by the numbers: NY-bred weanlings continue upward trajectory

Monday, November 17th, 2014
By Sarah Mace

There will always be individual New York-breds, both weanlings and older breeding stock, who stand out at the annual Keeneland November breeding stock sale, but this year’s cumulative results revealed a more meaningful overall trend: the value of New York-bred weanlings at this marathon sale is decidedly on an upward trajectory.

At the conclusion of eleven sessions of trading this year, 89 New York-breds in all changed hands of 121 offered (26.4 percent buyback) for an average price of $52,181 and a median of $30,000. For reference, these numbers are down somewhat from last year, when 93 New York-breds sold of 112 offered (17.0 percent buyback) for an average price of $54,948 and $37,000 median.

When considered by themselves, however, the weanlings posted stronger results than the group of New York-breds as a whole both this year and last, selling for an average price of $56,621 and median of $40,000. The weanling buyback rate was elevated this year, to be sure – 32.6 percent (29 weanlings sold of 43 offered) – but some high-priced RNAs suggest that sellers are confident that they have better options down the road. Six individuals who failed to sell who drew bids ranging from $50,000 to $120,000.

The New York-bred weanling average and median this year are also up over the weanling results in previous two renewals of the sale. In 2013 New York-bred weanlings averaged $50,591 with a $37,000 median; in 2012 the group averaged $38,544 with a $27,000 median. The increases year-to-year are shown in the chart below with percentages.

New York-bred weanlings at Keeneland November 2012-2014

2014 NY-bred weanlings (% change from previous year) 2013 NY-bred weanlings (% change from previous year) 2012 NY-bred weanlings
Sold 29 44 39
Offered 43 56 56
Buyback % 32.6% 21.4% 30.4%
Average $56,621 (+4.8%) $53,986 (+40%) $38,544
Median $40,000 (+3.9) $38,500 (+42.6%) $27,000

Not only have New York-bred weanlings been selling better at Keeneland over the last few years, but the buyers’ “ceiling” appears to be on the rise. The past two years each saw a $200,000 New York-bred weanling at the top.

New York-bred weanling top achievers at Keeneland November 2012-2014

2014 2013 2012
Top seller $200,000 (Hip 292, colt by Sidney’s Candy, o/o Evrobi) $200,000 (Hip 665; colt by Harlan’s Holiday, o/o First Grade) $175,000 (Hip 1139: colt by Super Saver, o/o Broadway Hennessey)
6-figure horses 5 8 4

The recent strength of the New York-bred yearling market, especially at the Fasig-Tipton preferred sale in Saratoga, has grabbed many headlines. Now the weanling market, both at Keeneland and the Fasig-Tipton Saratoga Fall sale, which continued to gain ground in its third year, appears to be gathering a momentum of its own.

 


NY-bred standouts at KeeNov Bks 2-3: Yawkey Way, Wholelottashakin, weanling duo

Monday, November 10th, 2014
By Sarah Mace

Following the Book 1 fireworks on Tuesday and Wednesday, top-class New York-breds continued to be in demand in Books 2 and 3 of Keeneland’s November breeding stock sale. Accomplished race mares Yawkey Way and Wholelottashakin sold to the same buyer for $200,000 each, while well-bred weanlings by Ghostzapper and first crop sire Gemologist went for $190,000 and $185,000 respectively.

Stakes winning sprinter Yawkey Way (Grand Slam) in foal to Violence (Medaglia d’Oro) sold to Sabana Farm (David Seguias, Agent) for $200,000 in opening session of Book 2 on Thursday. Bred by New Dawn Stud LLC and foaled at Sez Who North in Stillwater (now Questroyal North), Yawkey Way (Hip 484) is out of a winner by Touch Gold whose dam was a stakes winner in France. She was consigned by St. George Sales, Agent III.

A $50,000 Fasig-Tipton New York-bred preferred yearling in 2009, Yawkey Way sold the following year as the second highest-priced New York-bred at the OBS February Select Sale, bringing $165,000. Campaigned by Klaravich Stables, Inc. and William H. Lawrence and trained by Chad Brown, Yawkey Way was precocious, winning her debut and, second out, a state-bred stakes at Saratoga. She retired after three seasons with a record of three wins, two seconds and one third from ten starts and $127,400 in earnings.

Also purchased by Sabana Farm for $200,000 was Parting Glass Racing’s graded stakes placed turf runner Wholelottashakin (Hip 1293). Consigned by Woods Edge Farm (Peter O’Callaghan), Agent VII, the 5-year-old daughter of Scat Daddy was hammered down early in Saturday’s fourth session as a broodmare prospect.

Bred by Mia Gallo and foaled at Tom and Mia Gallo’s Blue Stone Farm in Cambridge, Wholelottashakin issues from an immediate family of successful New York-bred runners. Her stakes placed dam Carr Shaker (Carr de Naskra), was bred in New York by James F. Edwards and purchased by Thomas J. Gallo III Sales Agency for only $10,000 at the 2006 Fasig-Tipton December mixed sale. Out of Talc Shaker, a New Jersey-bred multiple stakes winner, Carr Shaker is a full sister to stakes winner and stakes producer She’s a Shaker and has also produced Dewars Rocks (Big Mukora), who won the Grade 3 Rare Treat, and stakes performers Woodford Rocks (Big Mukora) and Northern Shaker (Compliance).

Wholelottashakin, who compiled a record of four wins, seven seconds and two thirds along with $337,465 in earnings, never became a stakes winner, but earned five stakes placings while competing against a particularly strong cohort of New York-bred turf females, even when running out of state. In 2012 at three she finished second to Breeder’s Cup Filly and Mare Turf heroine Dayatthespa in the Sweetest Chant Stakes at Gulfstream Park and ran second to the same rival in the 2013 Yaddo Stakes at Saratoga. This past January Wholelottashakin finished second by a neck in the Grade 3 Endeavour at Tampa Bay Downs.

Books 2 and 3 also saw a pair of well-bred weanlings change hands. Spinghouse Farm went to $190,000 to purchase Hip 1259, a chestnut colt by Ghostzapper from the family of Chief Bearhart, 1997 Breeders’ Cup Turf winner and multiple Sovereign and Eclipse champion. Bred by Jerry Bilinski, Roddy Valente and Rick Alfred and foaled on February 8, 2014 at Waldorf Farm in North Chatham, the colt sports a pedigree page that is littered with black type.

The colt’s dam is the unraced Storm Cat mare Stormy Bear, whose 2014 juvenile, Zayat Stables’ Mr. Z (Malibu Moon), ran second this year in the Grade 2 Saratoga Special, Grade 3 Sanford Stakes and Keeneland’s Grade 1 Breeders’ Futurity before finishing fifth in the Breeders’ Cup Juvenile. Bilinski purchased Stormy Bear for $27,000 at last year’s Keeneland November sale. The colt’s second dam Amelia Bearhart, the Outstanding Broodmare in Canada in 1996, produced Chief Bearhart and Grade 1 winner Explosive Red. Other graded stakes winners appearing under the second dam are Strut the Stage, Multidimensional and Aldous Snow and champion Private Zone.

Hip 1066, a bay colt from the first crop of Gemologist whose second dam is a Grade 1 winner, sold for $185,000 to Baccari Bloodstock from the Eton Sales consignment. Bred by SF Racing LLC, breeder of the top New York-bred weanling from Book 1 (see further below), and foaled on March 9, 2014 at Vinery NY at Sugar Maple in Poughquag, the sale colt is out of Impending Storm (Mineshaft) unplaced in three starts, but a daughter of November Snow (Storm Cat), winner of the Grade 1 Alabama and Grade 1 Test Stakes in 1992. A sister of graded winner Scatmandu and stakes winner Lady Sorolla, November Snow produced seven winners including stakes performers and stakes producers. Impending Storm was purchased by Bowden Global Bloodstock for $90,000 at the 2009 Keeneland November sale.

The Book 1 standouts Lady Samuri and a weanling by Sidney’s Candy, are still the New York-bred sale toppers, but through Keeneland’s first three books New York-bred sales continue to be strong overall. A total of 38 individuals have sold (11 weanlings and 27 older horses) for an average of $96,842 and median of $78,500. The weanling average and median ($105,636 and $80,000) are slightly higher than that of the older horses ($93,259 average, $75,000 median).

Cumulatively the sale at large has yielded an average price of $136,586 and median of $75,000, both up seven percent over last year ($127,301 and $70,000). In both the general population of the sale and among the New York-breds buybacks are up, however. For all horses, cumulative buybacks rose to 21.9 percent from 17.6 percent last year. The New York-bred buyback rate is up to 32.1 percent, though the three horses who have RNA’d for six figures suggests that sellers are being exacting.


Lady Samuri and weanling by Sidney’s Candy standouts in Keeneland Book 1

Thursday, November 6th, 2014
By Sarah Mace

Making a strong Book 1 showing for the Empire State, both New York-breds that changed hands during the opening two sessions of the Keeneland November sale were standouts. Graded stakes placed Lady Samuri, in foal to Union Rags on an April 7 cover, brought $280,000 during Tuesday’s session, while a weanling colt by Sidney’s Candy was hammered down for $200,000 on Wednesday.

Lady Samuri, a 5-year-old mare by First Samurai bred by Tracy Egan and Lansdon B. Robbins III and consigned by Castle Park Farm LLC (Noel Murphy), Agent 3, was purchased by Stonestreet Thoroughbred Holdings LLC, the buyer of Dayatthespa for $2.1 million one day earlier at the Fasig-Tipton November sale.

An astute $10,000 claim in April 2013 by trainer Yvon Belsoeur for owner Bruno Schickedanz, Lady Samuri (Hip 119) made a transition from turf to dirt racing and became a stakes winner at Monmouth, wiring the Lighthouse Stakes and, next out in her final career start, finishing third in the Grade 2 Molly Pitcher Stakes. She retired with a record of seven wins, two seconds and two thirds from 21 starts and earned $150,553.

Out of Redeye Rain, a winning New York-bred daughter of Instrument Landing bred Howard C. Nolan, Tracy Egan and Neil Goldstein, Lady Samuri has eight winning siblings, led by stakes winner Message Red by Cryptoclearance ($240,722), whose daughter Le Mi Geaux (First Samurai) is a Grade 3 winner.

BG Stables acquired the Sidney’s Candy colt, who sold as Hip 292 from Woodford Thoroughbreds, Agent. Bred by SF Racing and foaled at Vinery NY at Sugar Maple in Poughquag on March 21, 2014, the chestnut colt is out of Evrobi, a winning daughter of Tabasco Cat. Evrobi has produced three winners, including Tell A Kelly by Tapit, who as a juvenile in 2010 won the Darley Debutante Stakes, finished second in the Grade 1 Oak Leaf Stakes and third in the Grade 1 Hollywood Starlet Stakes.

The Sidney’s Candy weanling is Evrobi’s second registered New York-bred foal. She produced a Super Saver filly, who sold for $125,000 at this year’s Keeneland September yearling sale. Evrobi was bred to Gemologist this year.


Dayatthespa, Discreet Marq bring over $2M each at FT, embark on different career paths

Tuesday, November 4th, 2014
"Day" has time to pick some grass between BC victory and sales ring (Fasig-Tipton photo)

“Day” has some time to relax between her BC victory and the sales ring (Fasig-Tipton photo)

By Sarah Mace
 
[Updated 11/6/2014]

Late in the session at Monday’s 2014 Fasig-Tipton November Sale, in back-to-back sales, star New York-bred turf runners Dayatthespa and Discreet Marq each brought over $2 million. Their destinies however, will be different. Dayatthespa will join the elite broodmare band of Barbara Banke’s Stonestreet Stable, while Discreet Marq, purchased by Moyglare Stud, will return to Christophe Clement to resume training.

Dayatthespa (Hip 184), frontrunning winner of the Breeders’ Cup Filly and Mare Turf at Santa Anita on Saturday and the first of the pair to go under the hammer, was offered as a racing/broodmare prospect from the Lane’s End consignment. She ultimately went to Banke, with Bloodstock advisor John Moynihan at her side, for $2.1 million as the eleventh top seller of the night after protracted bidding.

A 5-year-old chestnut City Zip mare bred by Castellare DiCracchiolo Stable, Cracchiolo & Goldsher, Dayatthespa brought $50,000 at the Fasig-Tipton New York preferred yearling in 2010 before being purchased privately as a 2-year-old in training by Pete Bradley, who formed a partnership group consisting of Bradley Thoroughbreds, successful Broadway producers Jerry Frankel and Ron Frankel and optometrist Steve Layman.

Bradley told the TDN that he experienced a range of emotions during the bidding. “I’m very happy with the price, but the way the bidding went…it stalled around the $1.7 million range, and we were kind of there scratching our heads. She was over her reserve, but it was close, and we thought, ‘Do we want to race her still?’ But we didn’t; she was here to sell, and she sold to a good group.”

Hip184FTK11-14FTK48web

Fasig-Tipton photo

Bradley, at first uncertain as Stonestreet’s plans, told the TDN, “I’m so glad she went to Stonestreet. It’s a great operation. I don’t know if they’ll run her again; if they do, she’s in great hands from that standpoint. And then they’ll give her every chance to be a top-quality broodmare.”

Shortly, however, the Lexington Herald-Leader tweeted, “John Moynihan says Dayatthespa will not go back into training, heading to the broodmare band.”

A winner of ten stakes races, topped by the Grade 1 Queen Elizabeth II Challenge Cup at Keeneland in 2012 and, within the last month, Keeneland’s Grade 1 First Lady and the Breeders’ Cup Filly and Mare Turf, Dayatthespa has earned $2,288,892, catapulting herself over the weekend to third on the all-time top new York-bred earner’s list. She has been trained by Chad Brown throughout her career.

[UPDATE: On the first Saturday of the Keeneland November sale people will have a chance to bid on Wholelottashakin (Scat Daddy), a graded stakes placed New York-bred broodmare prospect who knocked heads with Dayatthespa on several occasions, finishing second to her in the Sweetest Chant at Gulfstream Park in 2012 and and in the 2013 renewal of the Yaddo Stakes at Saratoga (Hip 1293).]

Next in the ring strode the almost-white grey Discreet Marq (Discreet Cat), last seen winning the 1 1/16-mile, $200,000 Ticonderoga for New York-bred turf fillies and mares by three lengths on Empire Showcase Day and becoming a seven figure earner ($1,067,900).

A four-year-old daughter of Discreet Cat foaled at Keane Stud in Amenia, Discreet Marq is third-generation homebred for Patricia and Frank Generazio out of the multiple stakes winning and graded stakes placed Marquetry mare To Marquet, and was offered on behalf of the Generazios by her trainer Christophe Clement (Hip 185).

Fasig-Tipton photo

Fasig-Tipton photo

The subject of spirited bidding from the outset, Discreet Marq was ultimately hammered down to Moyglare Stud for $2.4 million as the seventh top seller in the session. Moyglare Stud’s Fiona Craig spoke to the TDN. “She’s a classy mare with a great outcross and a proven performance record,” Craig said. “And she’s a great looker.”

Craig also revealed that we will have more opportunities to see Discreet Marq in action. “She’ll go back to Christophe Clement,” Craig said. “She’s only a 4-year-old, so she’s got a whole other year and then eventually she’ll go to Ireland and we’ll breed her and send her to the best and hopefully she’ll produce something that looks like she does.”

Clement, needless to say, was thrilled at the prospect of having Discreet Marq back in his barn. “I’m delighted to have her back. I love the horse. I’m very happy for Mr. and Mrs. Generazio, because I think it was a very good sale. And I’m delighted for Moyglare, which has been a very loyal customer over the years and I think she has all the making of a top-class mare. I definitely think she can race another year. We’ll train her for the [Grade 1] Matriarch [on November 30 at Del Mar] next time, in three weeks, and we’ll go from there.”

Discreet Marq won last year’s Grade 1 Del Mar Oaks and six other stakes races including the Grade 2 Sands Point.

Finally, in the “quality New York-bred mare” department, we should certainly not leave out Storm Dixie, a stakes placed daughter of Catienus bred in New York by Ken and Sarah Ramsey, who went to on produce none other than Princess of Sylmar (Majestic Warrior), winner of last year’s Grade 1 Kentucky Oaks, Grade 1 TVC Coaching Club American Oaks, Grade 1 Alabama and Grade 1 Beldame. Princess of Sylmar topped last night’s sale, bought by Shadai Farm in Japan for $3.1 million. A little later her Storm Dixie herself went through the sales ring selling in foal to Tapit, sold a short time later for $1.9 million to Olin Gentry, agent.


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:

RHAPSODY FARM LLC/HIDDEN LAKE FARM LLC $768,200 (30 sold)
SEQUEL STALLIONS NEW YORK $539,500 (28 sold)
VINERY SALES $512,500 (47 sold)
QUESTROYAL NORTH $329,000 (14 sold)
HARRY L. LANDRY BLOODSTOCK LLC $203,600 (15 sold)
MCMAHON OF SARATOGA THOROUGHBREDS LLC $115,700 (13 sold)
TOM ALBERTRANI $110,000 (3 sold)
CATALYST BLOODSTOCK LLC $95,700 (2 sold)
WOODFORD THOROUGHBREDS  $86,000 (6 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.