NEWS: sales

New York-bred weanlings stand tall at record-breaking Fasig-Tipton Saratoga fall sale

Tuesday, October 16th, 2018

By Sarah Mace

The Fasig-Tipton Saratoga fall sale has grown steadily from its humble beginnings in 2012, regularly setting new benchmarks with each year’s renewal. Monday’s auction was no exception. The sale that has evolved into a fall staple in New York established new records for total sales, average and median, and posted the lowest RNA rate in five years. The New York-bred weanling sector, which had a breakout year nationally in 2017, led the way, topped by a $140,000 colt from the first crop of Sequel’s New York sire Laoban.

The results of the full sale – mares and weanlings combined – were outstanding. A total of 115 individuals sold for a $29,402 average price, which was up 29.7 percent over last year’s average of $22,674. The $20,000 median increased 66.7 percent over the $12,000 median of 2017. The session’s total sales of $3,381,200 improved 3.6 percent on last year’s record of $3,265,000. Since the sale’s first year, when it grossed $1,933,600, it has grown 68.9 percent. Six individuals in all, four weanlings and two broodmares, brought six figures.

Mares and Weanlings combined results

Year Offered Sold RNA% Total Sales Average Median
2018 170 115 35.4% $3,381,200 $29,402 $20,000
2017 236 144 39.0% $3,265,000 $22,674 $12,000
2016 261 164 37.2% $2,780,600 $16,955 $8,500
2015 300 162 46.0% $2,833,800 $17,493 $10,000
2014 331 193 41.7% $3,206,100 $16,612 $10,000
2013 233 179 23.2% $3,363,600 $18,791 $11,000
2012 201 119 40.8% $1,933,600 $16,249 $12,000

Weanlings, as usual, made up the majority of the 2018 catalogue. In all, 85 youngsters changed hands (of 122 offered) for a record $2,599,000, eclipsing last year’s $2,331,500 benchmark for 80 weanlings. This year’s weanling average of $30,577 improved on last’s year’s record weanling average of $29,144 by 4.9 percent. The median, likewise, continued the sale’s upward trends, topping out this year at $23,000 from last year’s $20,000. Weanling buybacks improved dramatically, reducing last year’s 48.8 RNA percentage to 33.3 percent, the best number since 2013. Overall, the weanling market at the Saratoga fall sale has grown exponentially since 2012 when 57 weanlings sold for $926,600, averaged $16,249 and had a median price of $12,500

Weanling results

Year Offered Sold RNA% Total Sales Average Median
2018 122 85 33.3% $2,599,000 $30,577 $23,000
2017 145 80 44.8% $2,331,500 $29,144 $20,000
2016 142 87 38.7% $1,814,000 $20,851 $12,000
2015 161 78 51.6% $1,879,400 $24,095 $15,000
2014 153 76 50.3% $1,693,200 $22,279 $16,000
2013 94 74 21.3% $1,565,200 $21,151 $17,500
2012 88 57 35.2% $926,600 $16,256 $12,500

Four weanlings – all colts – brought six figures on Monday, led by Hip 180, a bay colt by Sequel Stallions’ first crop sire Laoban foaled on April 27. Bred by Thomas/Burleson and consigned by Sequel, the Laoban colt went to Bluewater Sales LLC, Agent. The colt’s dam is Promising Vow (Broken Vow), a Kentucky-bred winner purchased by Chester Broman for $22,000 at the 2012 Fasig-Tipton Kentucky winter mixed sale. Promising Vow has produced one winner, The Two Nancy’s by Desert Party, and is a half-sister to stakes winners Top Surprize and Dr John’s, as well as stakes performer Cosmic Queen. The colt’s third dam is group winner Live at the Top.

The second top-selling weanling, Hip 78, was purchased by Machmer Hall for $125,000. The bay colt by first crop sire Outwork was bred by Saratoga Glen Farm, John P. Hicks and William Martin and consigned by Catalyst Bloodstock, LLC. He is the third foal from Bluegrass Ellie by Bluegrass Cat, whose first foal and only runner to date Funnel Cake is a six-figure earner. Bluegrass Ellie is a half sister to stakes winner and graded stakes performer Tiger Hunt.

Machmer Hall also picked up the co-third top seller of the day, Hip 72, a dark bay colt by Kantharos out of Bedside Posse, who drove the bidding $100,000. Bred by Sugar Maple Farm and consigned by Vinery Sales, the colt’s second dam is stakes winner Bedside Manner (Dr. Blum), who produced Grade 2 winner Skyway and multiple stakes-winning New York-bred sprinter Ava K.

The final colt of the top quartet, also bringing $100,000, was Hip 225, sired by Not this Time, another new stallion. Bred by Hidden Lake Farm LLC and Axle Ahlschwede and offered by the RFHF consignment of Chris Bernhard of Hidden Lake Farm and Elaine Peck of Rhapsody Farm, the colt was purchased by Bloodstock Investments VI. Foaled in March, the chestnut has a flashy pedigree page. He is out of Truss, a producer of two winners from two foals to start and a half-sister to Confidently. Confidently (Storm Cat) is a sister to Yankee Gentleman and the dam of Chester and Mare Broman homebred Khancord Kid, a graded stakes winner and the dam of Breeders’ Cup Filly and Mare Sprint winner Bar of Gold.

 


Colts by Giant Surprise, Central Banker top NY-bred yearling offerings at OBS October

Friday, October 12th, 2018

By Sarah Mace

The New York-bred contingent at this year’s Ocala Breeders’ Sales Company’s October yearling auction saved its best for last. In the second of two open sessions following Tuesday’s selected session, a pair of colts by New York sires Giant Surprise and Central Banker established the high water marks for the whole group.

The New York-bred yearling topper was Hip 648, a chestnut colt by Giant Surprise from the family of Disco Partner. Bred by Dianne Boyken and consigned by Kelli Mitchell, Agent I, the youngster was hammered down to Bladen Bloodstock for $75,000.

The colt is out of No Mo Magic (Mo Mon), a New Jersey-bred stakes-placed homebred for Patricia and Frank Generazio. His second dam Mary Lou’s Magic (Concord’s Tune), also a Generazio homebred, is the dam of multiple stakes winner At the Disco (Disco Rico), who earned over $500,000, and graded stakes placed Dowse’s Beach. Her foal Lulu’s Number is the dam of multiple graded stakes winner and millionaire Disco Partner (Disco Rico).

No Mo Magic has already produced two winners, including juvenile Magical Tale by Forty Takes. She has a weanling colt by the same sire and was bred this year to War Dancer.

The colt’s sire Giant Surprise stands at Rockridge Stud in Hudson. He won his lone start by 4 1/4 lengths in a much-anticipated debut at Saratoga which earned a 90 Beyer Speed Figure. A non-displaced, condylar fracture cut short his racing career. His top progeny earner is multiple stakes winner Sudden Surprise, who has bankrolled $741,773, and his stud fee for 2018 was $4,000.

Coming in a close second to the Giant Surprise colt was Hip 756 from the first crop of Central Banker, who was hammered down to Champion Equine LLC for $72,000. Bred by McMahon of Saratoga Thoroughbreds, LLC & Spruce Lane Farm, the bay March 2017 colt nearly tripled his value after being purchased at the 2018 OBS Winter mixed sale by Dark Star Thoroughbreds and I. C. Stables for $24,000.

The colt’s dam Spirit of Rose is a stakes-placed New York-bred mare. His third dam Mop Mop (Royal Union), produced graded winner Bello, multiple graded-placed runner Buoy and stakes winner Cope. Spirit of Rose, whose 2018 foal was born dead, was bred back to Central Banker this year.

Central Banker, whose 2018 stud fee was $7,500, stands at McMahon of Saratoga Thoroughbreds. He has six first-crop winners to date from 23 runners, led by Sassy Agnes, winner of the Lady Finger Stakes on September 8. A Grade 2-winning sprinter by Speightstown out of multiple stakes winner Rhum, Central Banker recorded three triple digit Beyers at 3 and 4, including his lifetime best 107 Beyer for his victory in the Grade 2 Churchill Downs Stakes.

Overall the New York-bred sale indicators outperformed the cumulative numbers at OBS October. The average New York-bred price of $15,763 outperformed the $13,164 overall sale average, as did the $9,000 median compared to $7,000 for the general population of the sale. The 26.0 RNA percentage (54 sold from 73 offered, including two private sales) was about on par with the overall rate of 24.0 percent.


NY-bred yearling sales success: key indicators up by a quarter at Keeneland September

Monday, September 24th, 2018

Keeneland photo

By Sarah Mace

In the context of this year’s highly successful 13-day Keeneland September yearling sale, which established a record average price and recorded a 22.51 percent increase in total sales, the New York-bred contingent set its own benchmarks. The New York-bred average and median prices improved by a quarter over last year, total sales were up by nearly a third and buybacks – which were elevated in the early books – posted a significant decline compared to last year.

This year 76 New York-bred yearlings were offered at the Keeneland sale, comparable to last year’s group of 75. Gross sales were $5,530,500, up a whopping 31.1 percent over $4,064,200 in 2017. Accordingly, this year’s average price of $97,026 was up 24.1 percent over $78,158 in 2017. The New York-bred median price, which came in at $45,000 this year, was up 25.0 percent over last year’s median of $36,000.

New York-bred buybacks, too, went in the right direction year-over-year. Despite the alarming 42.9 percent RNA rate for New York-breds in the first book and 37.0 percent rate through the first two books, the buyback percentage came down significantly over the course of the sale, ending up at 25.0 percent, which was significantly lower than 2017 when 52 of 75 sold for a 30.7 buyback rate.

While the strong New York-bred median is always a positive indicator for the marketplace as a whole, there was significant action at the very top of the market, as we have come to expect in recent years. In both 2017 and 2018, a total of 14 individuals sold for six figures. The topper in 2017 was an Into Mischief colt by Into Mischief out of Indian Rush bred by Pine Ridge Stables who was purchased by Sheikh Hamdan Bin Rashid Al Maktoum’s Shadwell Estate Company for $750,000. This year’s top seller was a $500,000 American Pharaoah yearling bred by Chester and Mary Broman who is a half-brother to Breeders’ Cup Filly and Mare Sprint winner Bar of Gold. Additionally, this year 10 New York-bred yearlings sold for $200,000 and up, compared to four last year.

In the sale at large, the cumulative average established a Keeneland record, increasing 7.34 percent from $120,487 to $129,331. The median of $50,000 was 12.28 percent below $57,000 in 2017. Total sales in 2018 exceeded last year’s 12-day auction total of $307,845,400 on the seventh day of selling. Final receipts of $377,130,400 rose 22.51 percent over last year and represent the highest gross since the 14-day September Sale in 2005 when 3,545 yearlings sold for $384,349,900.

“We were optimistic that it was going to be a terrific sale,” Keeneland’s Vice President of Racing and Sales Bob Elliston said Sunday. “But to be $70-million plus over the gross of last year and to have 27 millionaires, versus 13 last year, and to see the strength of the market carrying on through Book 5, quite honestly, exceeded our expectations.”

Elliston credited the strength of the catalogue as the reason for the sale’s success. “Credit goes to the breeders and consignors who brought one of the best crops of yearlings to market in years. Buyers responded with an enthusiasm that exceeded all our expectations.”

Keeneland Director of Sales Operations Geoffrey Russell agreed. “In the end, it has to be the horse,” he said. “Yes, there are external factors like a strong economy and stock market and new tax laws that obviously help raise the bar. But if the horses aren’t top quality, buyers aren’t going to pay extra money for them just because they have it in their pocket.”


Buyers ante up for blue-blooded Empire State-breds in Book 2 of Keeneland September

Monday, September 17th, 2018

Keeneland photo

By Sarah Mace

In the first of two weekend sessions comprising Book 2 of the six-book Keeneland September yearling sale, a pair of New York-breds with blue-blooded pedigrees brought robust prices. Meanwhile, the key indicators for Empire State-breds remain impressive, with the New York-bred contingent still outperforming the general population of the sale in median price and seeing a slight reduction in the buyback percentage.

Cumulatively though Keeneland’s second book, 17 out of 27 New York-breds have sold for a median price of $255,000, fully 27.5 percent over the sale median of $200,000. The New York-bred average price is $228,941, compared to the overall sale average of $265,670. The New York-bred buyback percentage, which was 42.9 through the conclusion of Book 1, moderated to 37.0 percent through the first two books. Overall the Keeneland September sale numbers are strong, with the average up 22.88 percent and median up 33.3 percent over the comparable point in the sale last year.

The New York-bred star of Book 2 was Hip 1208, a colt purchased by Ben McElroy / SAC Racing on Saturday for $435,000, which made him the second top-selling New York-bred colt so far at the auction, and third-top New York-bred seller.

The colt’s general profile is not unlike Hip 465, a colt who brought $285,000 on Tuesday. Both issue from the first crop of Bayern; both were bred by SF Bloodstock, LLC; both sold as weanlings to Rocco Bloodstock for high price tags at last year’s Keeneland November breeding stock sale, and both have high profile names in their immediate family.

Specifically, Hip 1208, who was foaled on March 12, 2017, is the first foal out of Sweet Destiny, an unplaced Kentucky-bred mare by Curlin who is a half-sister to Grade 1 Donn winner and young sire Graydar, as well as graded stakes performers Union Course and Star of David. The colt’s third dam Cielo Otono is a stakes winner. Appearing under the fourth dam are a bevy of stakes winners, including $2.7 million-earner and Grade 1 winner Ron the Greek. Rocco Bloodstock went to $220,000 to acquire the colt as a weanling. Sweet Destiny has a weanling filly by Flatter and has been bred to Bodemeister.

West Bloodstock/Repole Stables took home the other pricey New York-bred of Keeneland’s Book 2, going to $340,000 for Hip 1009, a bay filly from the second crop of Declaration of War.

Consigned by Craig & Holly Bandoroff on behalf of breeder Gallagher’s Stud, the filly was foaled on March 1, 2017 and is out of Hostess, a multiple graded stakes winner by Chester House and $383,918-earner who set a course record for 1 3/8 miles over the Saratoga inner turf in the Grade 3 Glens Falls Handicap.

Purchased by Marlene Brody for $650,000 at the 2008 Keeneland November sale, Hostess has already produced four winners from four foals to start and is a half-sister to Pretty ‘n Smart, dam of four stakes winners topped by Grade 1 winner and $1.7 million-earner Cupid and graded winner Heart Ashley. Without issue in 2018, Hostess was bred to Freud this year.

The Keeneland September Sale continues through Sunday, Sept. 23, with the remaining seven sessions beginning at 10 a.m. and the entire sale is streamed live at Keeneland.com.

New York-breds catalogued for the Keeneland sale (listed by hip number and dam with links to catalogue pages), may be found here.

 


Keeneland Book 1 by the numbers: a stellar showing for New York-bred cohort

Friday, September 14th, 2018

Keeneland photo

By Sarah Mace

A Friday dark day following the four sessions that comprised Book 1 of the 13-day Keeneland September yearling sale offers an opportunity to take stock. The upshot is that New York-breds more than held their own among what Geoffrey Russell, Keeneland Director of Sales Operations, calls the “cream of the North American crop” of yearlings. The small but select New York-bred cohort posted an average price well over $300,000, and a median that outperformed the general yearling population of Book 1.

Eight New York-breds in all were among the 596 horses who changed hands from Monday to Thursday. The top New York-bred colt sold in Session 1, a $500,000 American Pharaoah yearling bred by Chester and Mary Broman who is a half-brother to Breeders’ Cup Filly and Mare Sprint winner Bar of Gold. The top filly, went through the ring in Session 3 selling for $485,000. Bred by William B. Wilmot, Joan M. Taylor and the Tiznow Syndicate, the top filly is half-sister to multiple stakes winners Midnight Disguise and Holiday Disguise.

The main indicators were outstanding. The New York-breds sold for an average price of $336,873. The average for the general population of the sale came in at $363,780 (up 25.98 percent over $288,759 in 2017). The New York-bred median price of $320,000 outperformed the overall Book 1 median of $300,000 (up 50 percent from $200,000 last year).

The one blemish on the New York-bred Book 1 numbers was that six of the fourteen offered went unsold, translating into alarming-sounding buyback percentage of 42.9. That said, the situation is reminiscent of the Fasig-Tipton New York-bred yearling sale in Saratoga, where consignors and breeders who did not get what they considered a fair price for their stock knew they could rely on other lucrative avenues for their New York-breds, like prepping them for juvenile sales and the race track.

A case in point is Book 1’s most eye-catching New York-bred RNA: Hip 976, a Curlin colt bred by Newtownanner Stud Farm. Out of Graciously Soft, he is a half-brother to stakes winner Justin Squared and his dam is a half-sister to multiple Grade 1 stakes winner Spoken Fur and multiple graded winner Unbridled’s Note. The final bid of $300,000 did not did not meet his connections’ reserve.

Keeneland’s leadership is pleased, of course, with the strong numbers generated by their first book, as well as this year’s format tweak. The 2017 September Sale opened with a one-day elite Book 1 followed by a three-day Book 2. This year Book 1 spanned all four days of the sale’s opening week. A total of 1,203 yearlings were cataloged in Week 1 in 2017 versus 989 in Week 1 this year.

“Our new format worked very well,” Russell said. “We sold fewer horses for more money, more average and more median and had less buybacks. So, all indicators are very positive.”

The sale resumes on Saturday with the first of the two-day Book 2 beginning at 10 a.m. The entire sale, which runs through Sunday, Sept. 23, is streamed live at Keeneland.com.

New York-breds catalogued for the Keeneland sale (listed by hip number and dam with links to catalogue pages), may be found here.

 

 


New York-bred yearlings from stakes-producing mares shine in Keeneland’s Session 3

Thursday, September 13th, 2018

Keeneland photo

By Sarah Mace

By the time the last yearling exited the ring to conclude the third session of Keeneland’s September yearling sale, two more New York-breds had changed hands for robust price tags. The dams of both individuals – both fillies as it happens – are already producers of high-profile New York-bred stakes winners.

The New York-bred session topper and now the top-selling New York-bred filly at the sale was Hip 506, a bay daughter of Tiznow out of multiple stakes producer Thin Disguise. Bred by William B. Wilmot, Joan M. Taylor and the Tiznow Syndicate, the bay sold from the consignment of Andrew Motion’s Old Chapel Farm and was purchased by Christine and Phil Hatfield/ C H P Racing for $485,000. Old Chapel purchased the filly at last year’s Keeneland November sale for $135,000.

If the name of the filly’s dam Thin Disguise name sounds familiar, it should. Her daughters Holiday Disguise, a 4-year-old by Harlan’s Holiday, and 3-year-old Midnight Disguise by Midnight Lute have combined to win six stakes races in 2018.

Midnight Disguise, campaigned by Wilmot and Taylor, put herself on the Kentucky Oaks trail this year with victories in the Busher and Busanda Stakes. Opting out of a trip to Louisville, she won the Bouwerie Stakes on Belmont’s Big Apple Showcase Day in May. Her earnings total $347,600. Half-sister Holiday Disguise owned by Lady Sheila Stable, won the Grade 3 Distaff Handicap this year at Aqueduct to add to three additional stakes wins within the New York-bred ranks. She has earned $481,650.

Thin Disguise’s New York roots run deep. The producer of four winners from four foals to start, Thin Disguise, by Yes It’s True, is a winning half-sister to millionaire and 2007 New York-bred Horse of the Year Naughty New Yorker. The sale filly’s second dam is Wilmot and Taylor’s champion New York broodmare Naughty Natisha, a Kentucky-bred multiple stakes producer by Known Fact.

Thin Disguise, who sold to McMahon and Hill Bloodstock for $100,000 this January at Keeneland, foaled a Bodemeister filly this year and has been bred to Gun Runner.

The second New York-bred sold when Todd Pletcher signed a $340,000 ticket on behalf of Repole Stables to acquire Hip 612, a dark bay/brown filly by More than Ready from the consignment of Warrendale Sales. The sale represents a successful pinhook, more than doubling the More than Ready filly’s $145,000 price tag at Keeneland in January.

Bred by Richard Greeley and foaled on February 5, 2017, the filly is out of winner Adorable You by More than Ready, making her a half-sister to Greeley’s New York-bred stakes winner Carameaway (Lawyer Ron). Carameaway won the 2014 Saratoga Dew Stakes and retired with $472,837 in earnings. The filly’s second dam is stakes winner Always Nettie, whose daughter Trix City produced stakes winners Second Street City and Trix in the City. Her third dam is stakes winner Hail to Boldness.

The September Sale runs through Sunday, Sept. 23, with the final Book 1 session beginning Thursday at 1 p.m. Friday will be a dark day and the auction will resume Saturday with the first of the two-day Book 2 beginning at 10 a.m.

New York-breds catalogued for the Keeneland sale (listed by hip number and dam with links to catalogue pages), may be found here.

 


New York-breds go 2-for-2 in second session of Keeneland September

Wednesday, September 12th, 2018

By Sarah Mace

Only two New York-breds went through the ring during Tuesday’s second session of the 2018 Keeneland September yearling sale, but both proved highly attractive to bidders, selling to top-tier owners for $360,000 and $285,000, respectively.

Jim and Susan Hill, who in Session 1 purchased Hip 145, a New York-bred Lea colt bred by SF Bloodstock for $255,000, went to $360,000 to acquire the top New York-bred in Tuesday’s second session, a chestnut filly by Candy Ride (ARG) bred by Pine Ridge Stables Ltd and foaled on May 7, 2017.

Sold as Hip 447 from Gerry Dilger’s Dromoland Farm consignment, the chestnut filly is out of Stealthy, a winning Kentucky-bred Forest Wildcat mare. Stealthy’s lone foal to start, a gelding by Looking at Lucky named Lucky Enuff, has not yet won, but two other offspring have been appraised highly in the sales ring. Her New York-bred Flatter colt American Frontier brought $200,000 from Ben Glass, agent, at the 2015 Keeneland September sale. A New York-bred juvenile by Uncle Mo named Mo Stealthy was a $170,000 buyback at the same sale last year.

Stealthy is a half-sister to Bayou Mist, dam of multiple stakes winner Selva (Forest Wildcat). Selva, in turn, is the dam of Coltandmississippi, a graded stakes performer who contested the Jerome and Withers Stakes on the Kentucky Derby trail this year.

Also on Tuesday, Rick Porter’s Fox Hill Farm took home Hip 465 — a first-crop Bayern colt bred by SF Bloodstock LLC — after making a winning bid of $285,000.

Foaled on February 27, 2017 and consigned by Peter O’Callaghan’s Woods Edge Farm, Hip 465 marked himself as a standout when unveiled to the public as a weanling at the Keeneland November breeding stock sale last year, where he was purchased by Rocco Bloodstock for $200,000.

The Bayern colt is a half-brother to My Happy Face (Tiz Wonderful), a graded stakes winner and earner of over a half-million dollars, and his pedigree page is riddled with black type and familiar names through the first three generations.

The sale colt’s dam Summer Star is a California-bred stakes winner who has produced three other winners besides My Happy Face from as many to start. Summer Star is also a full sister to stakes winner Summer Sensation. Under the colt’s third dam Forumstar are graded winner and Santa Anita course record-setter Starry Ice, as well as stakes winners Champs Star and Distinguish Forum. Starry Ice is also the dam of Grade 1 Carter Handicap winner Forest Danger.

The Keeneland September Sale continues through Sunday, Sept. 23, with the third of four Book 1 sessions beginning Wednesday at 1 p.m. The Thursday session also will begin at 1 p.m.

New York-breds catalogued for the Keeneland sale (listed by hip number and dam with links to catalogue pages), may be found here.

 

 


Broman-bred colts lead the way for New York-breds at Keeneland September opener

Tuesday, September 11th, 2018

By Sarah Mace

A pair of colts bred by Chester and Mary Broman and consigned by Sequel New York topped the select group of New York-bred yearlings offered on the first day of trading at Keeneland’s 13-session September yearling sale Monday, bringing $500,000 and $300,000 respectively. In all, four of the six New York-breds offered found new homes in the session.

By contrast with 2017, when Keeneland Sales offered one extra-select Book 1 session, this year Keeneland’s Book 1 will consist of four sessions with a total of 989 yearlings catalogued.

The top New York-bred was Hip 87, a half-brother to Chester and Mary Broman’s’ Bar of Gold, who won last year’s Breeders’ Cup Filly and Mare Sprint. His sire is Triple Crown hero American Pharoah, whose first foals, now yearlings, have been setting off fireworks at yearling sales throughout the summer. Foaled on April 28, 2017, the chestnut colt was hammered down to Cromwell Bloodstock for $500,000.

The colt’s dam is Khancord Kid, a Broman homebred by Lemon Drop Kid who captured the Grade 3 Herecomesthebride Stakes on turf at Gulfstream Park turf in 2010. Chester Broman purchased Khancord Kid’s dam Confidently, an unraced daughter of Storm Cat, at Keeneland’s 2000 January sale of horses of all ages for $1 million. Confidently’s dam is Grade 1 winner Key Phrase and she is a half-sister to sire Yankee Gentleman.

Bar of Gold by Medaglia d’Oro was Khancord Kid’s first foal. She retired last year after donning the Breeders’ Cup blanket of yellow and purple flowers with a career record of seven wins, six seconds and four thirds in 25 starts along with $1,551,000 in earnings. Khancord Kid is also the dam of Land Mine (Mineshaft), runner-up in this year’s Saratoga Dew Stakes at the Spa. Khancord Kid foaled a full-sister to Bar of Gold on April 22 and has been bred back to the same sire.

The Bromans second stand-out yearling was Hip 207, a bay colt by Pioneerof the Nile out of Misty Rosette who was purchased by J. J. Crupi’s New Castle for $300,000.

Chester Broman acquired Misty Rosette, a Kentucky-bred Grade 3 winner by Stormin Fever, at the 2013 Keeneland January sale for $170,000. A successful producer, the mare has produced five winners from six starters and this year has a weanling Empire Maker colt on the ground.

American Pharoah forms a strong backdrop to this colt’s pedigree. He not only shares a sire with the Triple Crown winner, but Misty Rosette is a half-sister to none other than American Pharoah’s dam Littleprincessemma.

Prominent owners Jim and Susan Hill went to $255,000 to acquire Hip 145, a colt from the first crop of Lea bred by Tom Ryan’s SF Bloodstock, LLC and consigned by Hunter Valley Farm, Agent. Nelson Eddy Bloodstock bought the colt as a weanling for $155,000 at last year’s Keeneland November sale.

A dark bay/brown individual foaled on February 5, 2017, the Lea colt is the first foal out of Madame Pele, a bay daughter of Salt Lake bred in Washington State and purchased by SF Bloodstock for $95,000 at the 2015 Keeneland November sale. She was resold at last year’s renewal of the same sale for $170,000.

A winner of three stakes races, Madame Pele is a half-sister to multiple graded stakes winner Stryker Phd. Under the third dam the family also boasts Grade 1 winner Bachelor Beau.

Wrapping up the quartet of Monday’s New York-bred yearlings was Hip 27, a colt bred by WinStar Farm, LLC  and sired by WinStar stallion Carpe Diem, whose first foals are also yearlings of 2018. Ted Sprinkle signed the ticket for $170,000. The chestnut colt sold as a weanling for $200,000 at last year’s Keeneland November sale.

Consigned by Taylor Made Sales Agency, the Carpe Diem colt was foaled on April 27, 2017 and is out of Kentucky-bred winner Hot Spa, by Latent Heat, who has already produced one winner. Hot Spa is a half-sister to multiple group winner Mendip (Harlan’s Holiday) and stakes winner Dig Deep (Harlan’s Holiday). The colt’s third dam is multiple Grade 1 winner Chaposa Springs and his fourth dam is La Chaposa, a champion sprinter in Peru. Acquired by WinStar for $160,000 at the 2013 Keeneland November sale, Hot Spa has been resold.

Keeneland Vice President of Racing and Sales Bob Elliston was bullish on the opening day of the marathon September sale. “It was a strong session with competitive bidding at the top. It is hard to do comparisons to last year because of the format change this year… If you try to do some comparisons, look at the numbers after four days. Every one of those indicators was dynamite. We are very encouraged that the sale started off like we wanted it to.”

The September Sale continues through Sunday, Sept. 23, with the second of four Book 1 sessions starting Tuesday at 1 p.m. The Wednesday and Thursday sessions also will begin at 1 p.m.

New York-bred hips (listed by dam), with links to catalogue pages may be found here.


NY-bred yearling sale concludes with record-setting top-seller, posts first six-figure average

Monday, August 13th, 2018

Fasig-Tipton photo

By Sarah Mace

Fasig-Tipton’s annual preferred New York-bred yearling sale in Saratoga, the New York breeding program’s premier auction, has grown by leaps and bounds since 2011, toppling records each succeeding year and setting new benchmarks.

Each year it has been natural to wonder whether the auction has reached its ceiling. As the 2018 results show, the answer is, “Not yet.” By the time trading wound down at Sunday’s second and concluding session, another set of records had fallen by the wayside.

This year’s New York-bred yearling sale saw a record-setting top-seller bring $600,000 and posted a new record average price of $107,512. This marks the the first time in the sale’s history the average has topped six figures. The average was also 20.7% higher than the 2017 average of $89,088.

The median price, too, closed in record territory at $76,000, up 9.3% from $69,500 in 2017. Total sales were a record $18,492,000 for 172 yearlings (including six private sales to date) up from $16,214,000 last year for 182 individuals. In all, 30 horses sold for $200,000 and up, and seven went for $300,000 or more.

Fasig-Tipton President Boyd Browning, Jr raved, “The last half of the session tonight was just electric. Obviously, that’s reflective of how the horses happened to fall in the catalogue, but we had a run of horses that were just one beauty after another beauty after another beauty that sold remarkably well.”

Browning also observed that he has seen an expansion of the customer base in the New York-bred yearling market. “I think you saw tremendous diversity among the buyers tonight. There were certainly some new names on the results who haven’t been active previously in the New York-bred marketplace. I think that’s a direct result of the quality and the success New York-breds are achieving all over the world.”

The single qualifier for the sale’s across-the-board success was an increased buyback percentage. At the end of the first session, RNAs came in at a very high 41.2%. The figure moderated to 34.6% after Tuesday’s session with a total of 91 horses going unsold. Last year the RNA rate at the sale was 25.4%. As Browning pointed out after the first night of trading, the large numbers of RNAs may be a function of the lucrative racing options open to owners and breeders if they do not get what they consider to be a fair price at auction.

Jonathan Thorne (Fisig-Tipton photo)

The record-setting sale topper was Hip 588, a bay colt by Pioneerof the Nile bred by Jonathan Thorne’s Thorndale Farm in Millbrook and hammered down for $600,000 to John Ed Anthony’s Shortleaf Stable.

Thorndale Farm purchased the colt’s dam Score for $120,000 at the 2016 Keeneland November sale in foal. An unplaced daughter of A.P. Indy, Score has already produced three winners, including one graded stakes performer and one stakes performer. The colt’s second dam is multiple Grade 1 winner and million-dollar earner Educated Risk, who is also a multiple stakes producer.

Thorne said, “The [record-setting colt] is an incredible horse. He’s been a beautiful horse since he was born, and he’s just gotten better and better. He’s a very intelligent and honest horse. I’m proud of my horse and I’m proud of my team at the farm to get him to this point. It’s special. I think he’s got a great future, so I can’t wait to watch him.”

“[The achievement of setting this record] feels great,” added Thorne. “All of us around here have been doing this for a while and everyone has stepped up their game as the quality of the New York-bred crops continues to rise every year. We are all trying to up our game and keep producing high-quality horses. This is a great sale and it continues to get better and better every year. I don’t see that stopping.”

Thorne resold Score in February for $45,000. “She did not get in foal last year, so I thought it might be an ok idea to sell her in Fasig February,” Thorne explained. “Some good friends bought her from me, Alex Solis and Jason Litt, so they have the mare and they bred her back to Classic Empire. She is a lovely mare and a pretty good buy, so I hope for the best for them as well.”

Fasig-Tipton photo

Following a pair of yearlings who brought prices in the $300,000s Saturday, three more met that threshold on Sunday, led by Hip 573, an Into Mischief filly out of talented New York-bred race mare Risky Rachel (Limehouse).

The bay March 17 filly, who went to Jeff Drown’s Kindred Stables, LLC for $350,000 as the top filly of the session, is a third-generation product of Sanford Bacon’s breeding program and issues from his most successful family.

The filly’s third dam Lolli Lucka Lolli was a multiple winner campaigned by Bacon’s Bacon Barn. After retiring to the breeding shed, the mare was twice honored as New York Champion Broodmare (1997, 2001) for producing two legendary Empire State breds. Her 1992 foal Dancin Renee was voted the 1997 New York-bred Horse of the Year, Champion Sprinter and Champion Older Female. Two years later Lolli Lucka Lolli produced eventual $2-million earner and sire and Say Florida Sandy, voted New York-bred Champion Sprinter and Horse of the Year in 2000 and 2001.

Sanford Bacon (Fasig-Tipton photo)

Risky Rachel, the winner of six stakes races for Bacon is out of the champion Dancin Renee. Her first foal, a juvenile by Scat Daddy, now named Yale, sold for $1,000,000 to Todd Pletcher for Coolmore Stud’s M. V. Magnier at the Fasig-Tipton Gulfstream sale this spring.

Hip 604, a bay colt by Into Mischief bred by Mrs. Joanne Nielsen and consigned by Francis & Barbara Vanlangendonck’s Summerfield went to Michael Neatherlin for $320,000. His dam Silken Lily is an unraced half-sister to multiple graded stakes winner, millionaire and sire Upstart. Earlier in the week at the Fasig-Tipton select yearling sale Silken Lily’s yearling half-brother by American Pharoah brought $1,000,000.

Hip 590, a dark bay/brown colt by the late City Zip was purchased by Randy Bradshaw, Agent for $300,000 from the Indian Creek consignment. Bred by James Lamonica, Lee Sacks & Soave Stables, the youngster is out of Nick’s Honor, an unraced Jump Start mare who has produced four winners including New York-bred stakes winners The Lewis Dinner (Posse) and Kelli Got Frosty (Frost Giant).

“I liked everything about him,” Bradshaw said. “He’s a June foal, but he has plenty of size. He’s by City Zip and the mare has done nothing wrong. She’s a very good mare. We are just hoping down the road we can make a little money with him. We’ll probably put him in the April sale at OBS and see if we cando well with him.”

Lamonica said, “We love the New York program and we had the farm up here, Empire Stud, for a long time. This mare started out as a product of that. We bought that mare with a partnership as a 2-year-old in training and she was very talented. She’s a huge mare, she’s 17.1h. She fractured a hip before her first start, so we just bred her to the house stallions. And then she kept having stakes horses, so we decided to go to Tale of the Cat and City Zip. Actually, it’s a little sentimental because this yearling was the last City Zip ever born. City Zip was very good to me over the years. So, this was important.”


Opening session of F-T NY-bred yearling sale sees strong results, upturn in average

Sunday, August 12th, 2018

Fasig-Tipton photo

By Sarah Mace

When the first session of the annual two-day Fasig-Tipton New York-bred preferred yearling sale concluded on Saturday at the Humphrey S. Finney Pavilion in Saratoga Springs, horse trading was off to a strong start. The average yearling price was 18.7% higher than the first session of last year’s record-breaking renewal of the sale, and the median held steady. A grand total of 13 horses brought $200,000 and up and the colt and filly toppers each brought over $400,000.

Earlier in the day, across the street, New York-breds captured the two most important stakes races on the Saratoga card: Sue’s Fortune won the Grade 2 Adirondack for juvenile fillies and Voodoo Song scored a gritty victory in the Grade 1 Fourstardave. Then, halfway across the country, Fourstar Crook was a fast-closing runner-up in the Grade 1 Beverly D. at Arlington. As has been the case in recent years, New York-bred performances on the racetrack are the best advertisement for the program when horses hit the sales ring.

In all 80 horses changed hands Saturday for total sales of $8,326,000, up from $8,155,000 for 93 yearlings in the comparable session a year ago. Accordingly, the average increased 18.7% to $104,075 over last year’s $87,688 for the opening session. The median held steady from 2017 at $75,000.

One cause for pause was a sharp upturn in buybacks, up to 41.2% (80 of 136 sold) from just 24.4% in a session-to-session comparison. As Fasig-Tipton President Boyd Browning, Jr.  said, “The buy-back rate was higher than we’d like,” He explained as follows.

“There are probably a combination of factors there,” Browning said. “It is still a selective marketplace and we are going to continue to see that selectivity all year long. And this sale has traditionally had a higher than you would hope for buy-back rate because the owners and breeders of those horses have significant alternatives. It’s very important, if they don’t get what they think is a fair price, to control the destiny of that horse with regards to its racing career. That tends to result in a little bit higher RNA rate in most years.”

Francis Vanlongendonck (Fasig-Tipton photo)

The top-selling yearling of the session was a filly whose connections should sound familiar. At the select yearling sale earlier in the week a colt by American Pharoah bred by Mrs. Joanne Nielsen and consigned by Francis and Barbara Vanlangendonck’s Summerfield  brought $1,000,000. The same breeder-consignor team brought a filly by the same sire to the New York-bred sale and she, too, was a hit.

Catalogued as Hip 329, the bay daughter of the Triple Crown hero was snapped up by Randy Hartley and Dean DeRenzo as a pinhooking prospect for $450,000.

“She is just a beautiful filly,” Hartley said. “She had all the presence and all the class. She is going to pinhook. We feel like it is going to be a thinner market of those in the 2-year-old sales and we want to try to have some.”

The filly is out of Visions of Annette, an unplaced Kentucky-bred daughter of Distorted Humor bought by Joanne Nielsen from the 2013 Keeneland November sale for $150,000. Visions of Annette is a half-sister to stakes winners Saucey Evening and Petition the Lady. Another half-sister Jewel of the Night is the dam of Grade 1 winner and millionaire Evening Jewel.

The sale filly’s second dam is a sister to multiple Grade 1 winner General Challenge, who earned $2.8 million. Visions of Annette has a juvenile filly by Ghostzapper named Magic Fairy who has not yet started, and this season foaled a filly by Frosted on March 10. She has been bred back to the same sire.

Fasig-Tipton photo

The top colt of the night was Hip 384, a bay individual by Ghostzapper out of accomplished New York-bred race mare and AnJes Farm homebred Clear Pasaj. Foaled on March 20 of last year, the Ghostzapper yearling is her dam’s second foal. Her juvenile filly by First Samurai named Street Chamber was retained her breeders and is in training downstate. Clear Pasaj foaled a Distorted Humor colt this year and has been bred to Kitten’s Joy.

Bloodstock agent Lincoln Collins, who signed the ticket on behalf of Tracy Farmer, said, “He’s a very nice colt. We all loved him. Mark Casse loved him, so that’s where he will go. There was a lot of interest in the horse, so it was clear we were going to have to give it a go and we prevailed in the end.”

Collins continued with a pitch for the New York breeding program. “This sale has clearly shown in the last few years that it can produce a horse who can go all the way. And consequently, it gives the buyers confidence. The pedigrees are here, and the individuals are here to back it up. Why wouldn’t you give it a go? Everybody wants to run at Saratoga and, if you have a New York-bred at Saratoga, you’ve got a chance [to run in a race] that is a little bit softer for very similar money to running in open races. That has got to be appealing. Obviously, we hope horses at this kind of money go to the top level. But you do have a fall back as well that gives you more confidence. The New York program is very appealing.”

The transaction represented a career benchmark for Tom Gallo whose Thomas J. Gallo III Sales Agency consigned the colt on behalf of long-time client Donald Schupak of AnJes Farm. Gallo purchased the colt’s second dam Saintly Scholar by Danzig for Schupak and managed Clear Pasaj’s racing career for the AnJes Farm homebred who won two stakes and earned over $350,000. Gallo explained, “I used to have a giant consignment. Then I got down to just selling my babies and clients that I manage. So, I manage [Schupak]’s broodmare band.”

Gallo, a four-decade veteran of the horse business in New York also had this striking observation: “I topped the sale here back in 1986 or 87 with a $40,000 sale. So, we’ve come full circle here to sell one for $400,000.”

The next two top-selling New York-breds in the session brought over $300,000.

Jumpsucker Stable LLC put up $310,000 for Hip 356, an Uncle Mo colt bred by John Meriwether’s Waterville Lake Stables Ltd LLC, and consigned by Winter Quarter Farm. Out of Andraste, the colt is a half-brother to successful New York-bred turf sprinter Epping Forest. Andraste is also a half-sister two stakes winners and two stakes performers, led by multiple Grade 1 winner Vicar and stakes winner Sheepscot, a multiple stakes producer.

Hip 321, a Malibu Moon filly with a distinguished pedigree who was bred by Gallagher’s Stud and consigned by Craig and Holly Bandoroff’s Denali Stud, was purchased by Peter Brant’s White Birch Farm for $300,000. The youngster’s family is stellar through three generations. Her third dam Felicita is the dam of $2.4-million earner and broodmare of the year Take Charge Lady, who produced Will Take Charge, a $3.9-million earner, and champion 3-year-old colt, and sire Take Charge Indy. Second dam Eventail (Lear Fan) was a multiple stakes winner, graded-placed stakes runner and multiple stakes producer. Her best runner was graded winner Straight Story. The filly’s dam, multiple winner Tulipmania by Empire Maker, has already produced three winners. She has a Giant’s Causeway weanling and was bred in the spring to Twirling Candy.

The Fasig-Tipton New York-bred yearling auction resumes with its second and concluding session on Sunday at 6:30 p.m.