NEWS: sales

New York-breds match Keeneland November buybacks, median

Saturday, November 14th, 2015

keeneland-logoBy Sarah Mace

This year’s 12-day Keeneland November Sale, which was held November 2-13, immediately following Keeneland’s successful inaugural hosting of the Breeders’ Cup World Championships on October 30-31, posted increases in gross and average, but a decline in median, signaling a strong but selective marketplace. New York-breds fit squarely into this picture of solid results in the context of selectivity.

Of 115 New York-breds offered, 86 sold resulting in a 25.22 percent buyback rate, identical to the general population of the sale, where the cumulative buyback percentage rose this year to 25.2 percent from the 21.8 percent in 2014.

The New York-bred average of $50,716, as is typically the case for this sale, did not match the cumulative average of the sale, which was $85,033, the highest since 2007 and up 3.74 percent from last year’s $81,966. The New York-bred median matched the sale median at $30,000.

Predictably, the top New York-bred sellers changed hands early in the sale, with One Time Only and Harbor Mist, a pair of accomplished race mares in foal to commercial sires, bringing $410,000 each in Books 1 and 2 respectively. The top New York-bred weanling, a filly by Tale of the Cat, who sold in the fourth session of trading, realized $175,000. (Read more.)

John G. Sikura of Hill ‘n’ Dale Farm, who led the consignor rankings by gross, reflected on the results of the sale in an industry wide-context. “The underpinnings and stabilizing force of the business is the breeding industry, because we supply the product that people buy to be racehorses,” Sikura said. “That’s too simplistic, but without that supply of horses you don’t have the business. The foundation of the business starts with the breeders, and they express confidence in the marketplace by buying new stock and they find out if that confidence was well placed depending on the future yearling sales.

Sikura continued, “The criteria are the same in Books 1, 2, 3, 4, 5 and 6; the only difference is price level,” he said. “With the obvious flaws or negatives – like very late cover dates or spotty produce records or middle-aged mares that haven’t produced yet – you’re severely punished. The barren mares no longer in foal are tough to sell because people want to get an immediate return.”

Keeneland Director of Sales Geoffrey Russell added, “I think the fact is that buyers are very critical and have a very tight criteria. If the mare meets the criteria, they’re happy to take good money for them and if it doesn’t, they’re not interested. The criteria are getting tighter and tighter every year.”

Gross sales of $218,959,400 for this year’s November Sale increased 6.34 percent over 2014, surpassing last year’s 11-day auction total of $205,899,500 on the ninth day of selling. This is the highest gross since the November Sale record of $340,877,200 set in 2007.

New York-bred RNAs low though Book 4 of Keeneland November

Tuesday, November 10th, 2015

keeneland-logoBy Sarah Mace

Through the conclusion of Monday’s eighth session of the 12-day Keeneland November Breeding Stock Sale, which also wrapped Book 4 of the catalogue, New York-breds are doing a good job of finding new homes as they enjoy a buy-back rate that is well below the percentage of the general population of the sale.

Of 67 New York-bred lots offered in eight days of trading thus far, 56 have sold for a resulting 16.42 % RNA percentage, which is well below the cumulative Keeneland RNA rate which stands at 26.43% (up from 22% in 2014).

The weanlings in particular are selling well, despite a large number of outs. Of 15 to pass through the sales ring, 14 have sold. The New York-bred weanling topper is still Hip 1137, a filly by Tale of the Cat who sold in session 4 (read more).

The Keeneland sale embarks on the two final books with a cumulative sale average of $119,637, which is 11.93 percent above last year’s $106,890, and a median which has increased from $51,000 to $52,000. The New York-bred average price now stands at $68,116 and the median at $45,000.

Sessions start at 10 a.m. The entire sale is streamed live at

NY-bred in-foal broodmares shine in opening books of Keeneland November

Friday, November 6th, 2015

keeneland-logoBy Sarah Mace

Of the New York-breds offered during the first two books of this year’s Keeneland November breeding stock sale, a pair of accomplished race mares in foal to commercial sires emerged with the bragging rights, each hammered down for $410,000. The top New York-bred weanling in the first four sessions of trading was a filly by Tale of the Cat who fetched $175,000.

One Time Only (Hip 141), 5-year old mare by Lemon Drop Kid, was the New York-bred star of Book 1. Bred by Nustar Breeding LLC and foaled at Highcliff Farm in Delanson, One Time Only is out of stakes winner Salty Romance and a half-sister to Agave Kiss, a Grade 3 winning sprinter who was never headed in her first six career starts. A $375,000 purchase by Glen Hill Farm from the 2013 Flying Zee yearling dispersal, One Time Only became a stakes-placed earner of nearly $190,000.

One Time Only was purchased by Matthew Plumb at last year’s Keeneland November sale for $170,000. In foal to Union Rags on an April 7 cover, she sold for more than twice that amount on Monday to Reynolds Bell, agent from the consignment of Castle Park Farm LLC.

Harbor Mist (Hip 629) likewise brought $410,000 in the first session of Book 2 on Wednesday, in this case purchased by WinStar Farm in foal to Speightstown on a May 9 cover. She was consigned by Nursery Place, agent.

A six-year-old stakes winning daughter of Rockport Harbor bred by Saratoga Select Broodmares LLC and foaled at Saratoga Glen Farm in Schuylerville, Harbor Mist is out of Jaramar Miss, a winning half-sister to stakes winners Special Power and So Cozy and the dam of stakes winner and graded stakes placed Jaramar Rain, who has produced two graded stakes performers. Harbor Mist went on to become a stakes winner with multiple stakes placings and earnings of $262,529.

WinStar’s Elliott Walden said, “Harbor Mist is just a nice mare in foal to the right horse, we were real pleased with her. I thought she would bring $300,000-$400,000.” Happy Broadbent of Nursery Place added, “She’s in foal to the right horse, Speightstown. You just can’t go wrong with who she’s in foal to. She’s a beautiful mare.”

The New York-bred weanling topper, Hip 1137, is a filly by Tale of the Cat out of a multiple stakes producer. A bay bred by James Lamonica, Lee Sacks and Soave Stables and foaled on April 5, she is a daughter of Nick’s Honor, an unraced daughter of Jump Start who has produced three good winners from three starters: stakes winners The Lewis Dinner (Posse) and Kelli Got Frosty (Frost Giant) and stakes performer Princess Phoebe. Indian Creek went to $175,000 to secure the filly from the consignment of Indian Creek.

In all, during the first four session of trading which comprised the first two books of the Keeneland sale, 17 New York-breds sold of 20 offered for a 15% buyback rate which much stronger than the buyback for the general population of the sale which stands at 27.74%, up from 25.98% last year. The average price for a New York-bred was $141,588 and median was $125,000. Eleven of those individuals realized six figures. In the sale at large, the average after the first two books is $224,971, up 9.13% from $191,260, while the median is $137,500, a 30.95% rise from 2014.

McMahon-bred colt by The Factor fetches $190,000 at F-T November

Monday, November 2nd, 2015

tns15-miby Sarah Mace

Hip 69, a bay weanling colt by The Factor bred in New York by McMahon of Saratoga Thoroughbreds, emerged as the fifth-top-selling weanling overall when he was purchased by Lane’s End Bloodstock for $190,000 during the action-packed single session of the Fasig-Tipton November sale on Sunday following the Breeders’ Cup.

Consigned by Hunter Valley Farm, agent, the sale colt, a February 12 foal, is the third offspring of Flash Act, a winning Kentucky-bred daughter of Sky Mesa out of multiple grade 1 winner Missy’s Mirage (Stop the Music).

Missy’s Mirage, the dam of multiple stakes winner Apprehender (Posse), is also a half-sister to grade 1 winner Classy Mirage, the dam of grade 1 winning sire Dublin. There is abundant graded black type also under the colt’s fourth dam Gray Mirage.

Bloodstock sales action shifts Monday to Keeneland for the first session of the 12-day Keeneland November Breeding Stock Sale. Click here to view New-York bred hips.

Average up at F-T Saratoga fall mixed, four weanlings bring six figures

Tuesday, October 27th, 2015

sfs15-miby Sarah Mace

Fasig-Tipton, which contracted its Saratoga fall sale from two days to one in 2015, was rewarded by an increase in average, a steady median and successful trade at the top end of the weanling market, as four New York-bred weanlings brought six figures.

This year’s sale saw 162 horses overall sell for an average of $17,493, up from last year’s average of $16,612. The median for both years was $10,000. With 138 horses not changing hands, the buyback rate this year was 46%, up from 42% last year.

Taken in its own terms, weanling population had better financial indicators overall. Of 161 youngsters offered, 78 sold for a $24,094 average and $15,000 median. Although there were a few horses from other states in the mix, the top ten lots to sell in Monday’s single session were New York-bred weanlings, with the top four bringing six figures. The top New York-sired weanling was a filly by Forty Tales, who was also the top weanling filly.

Topping the sale at $140,000 was Hip 191, a grey or roan colt from the first crop of champion Shanghai Bobby. Bred by Hidden Lake Farm, LLC in partnership with Anthony Grey and foaled on March 22, the colt was consigned by RF HF Bloodstock LLC, agent, who sold three of the four top lots.

The topper’s dam is Electric Shock, a stakes winning New York-bred daughter of Cure the Blues, who last changed hands when purchased by Rhapsody Farm at the 2012 Keeneland November Sale for $22,000. Electric Shock has produced three stakes performers among six winners, as well as the dam of stakes winner Shock Hazard. In the next generation appears successful broodmare Mimi Baker, dam of four stakes winners. Hunter Valley Farm signed the ticket.

Selling later in the day for $120,000 from the RF HF Bloodstock consignment was Hip 358, a Curlin colt and the first foal out of multiple winner Blue Catillac (Bluegrass Cat), who went to Baccari Bloodstock. Bred by RF HF Mares Rule #3, the bay was foaled on March 25. Blue Catillac is out of stakes winner Sweeping and a half-sister to two stakes performers and producer Apt to Star, dam of graded winner Aegean and stakes winner Light Bringer.

Hip 357, a dark bay or brown colt from the first crop of Orb was purchased by F.U.N. Farm for $105,000. Bred by Barry R. Ostrager, foaled on April 1 at Questroyal North and consigned by Questroyal North, agent, the colt is out of Black Escort (Southern Halo) a Kentucky-bred stakes winner in France and producer of three winners from four starters, including stakes performer Black Snowflake and a 4-year-old Malibu Moon filly Miss Melinda who is a six-figure earner. There is abundant black type in the second generation including sire King’s Signet and group winners Sicyos and Radjhasi.

Also cracking the six-figure threshold at $100,000 was Hip 219, a colt from the first crop of Justin Phillip who was also consigned by RF HF Bloodstock LLC Agent. Bred by Hidden Lake Farm LLC and foaled on February 22, the dark bay or brown youngster was purchased by Saratoga Robin Racing. The sale colt’s dam is Influenced, an unplaced daughter of Malibu Moon who was a $450,000 juvenile purchase in 2007. She is also a half-sister to multiple stakes winner T Storm. Graded winner Candi’s Gold appears under the third dam and Influenced has produced one winner from two starters, six-figure earner Ziggy Moondust by Freud.

The top NY-sired weanling, also the top weanling filly of the sale, was Hip 300 from the first crop of Forty Tales who stands at Sequel Stallions. Consigned by McMahon of Saratoga Thoroughbreds LLC, agent, where she was foaled on March 2 the filly was purchased Douglas S. Arnold, agent, for $77,000. Bred by McMahon of Saratoga in partnership with Spruce Lane Farm, the filly is out of Sea Wind, a stakes placed Kentucky-bred daughter of Northern Afleet who has produced one winner from one foal to start, a juvenile filly by Artie Schiller named Seaside Schiller who has already earned over $70,000.

New York-bred yearlings solid at F-T October

Friday, October 23rd, 2015

tos15-miby Sarah Mace

New York-breds produced solid enough results during the four-day stand of the Fasig-Tipton October fall yearling sale at the Newtown Paddocks in Lexington this week, while the sale, as a whole, suffered slight across-the-board declines.

Of the 104 New York-bred yearlings offered, 68 sold for an average price of $28,215 and $15,000 median. The buyback rate was 34.6%. Cumulatively the average for the general population of the sale was $34,390, while the median ended up at $15,000. The cumulative RNA rate for the sale was 30.7%.

Fasig-Tipton President Boyd Browning, Jr. said, “[The sale] was not dramatically different from 2014. The market for a horse below $15,000 in terms of value is extremely difficult. From $15,000 to $50,000, it is sticky but still manageable, and once you get above $50,000 it is pretty dadgum good. It was almost like a three-tiered marketplace.”

The top New York-bred seller, who changed hands during Monday’s first session of trading, was a Candy Ride (ARG) filly bred by The New Hill Farm, LLC who was purchased by Conquest Stables for $150,000. In all, four New York-bred yearlings brought $100,000 and up. In addition to the top filly, a bay colt by Tapizar bred by Fred W. Hertrich III and dark bay or brown filly by Tale of the Cat bred by Pine Ridge Stables, Ltd. fetched $125,000 and $100,000 respectively in session two.

The fourth six-figure yearling, who changed hands in Wednesday’s session three and ended up as the second highest-selling New York-bred, was Hip 844, a Stormy Atlantic filly purchased by Jim and Susan Hill for $130,000 from the consignment of War Horse Place LLC.

Bred by Wellspring Stables, LLC, the bay filly is out of Raffie’s Dream, a stakes-performing and graded stakes-producing daughter of Raffie’s Majesty. An earner of over $170,000, Raffie’s Dream is the dam of three winners from three foals to start, led by Stormy’s Majesty, who won four stakes races, including the Grade 3 Discovery Handicap and earned more than $336,000. The mare has a weanling filly this year by Congrats.

The next sale on the Fasig-Tipton calendar comes up immediately. The Saratoga fall mixed sale takes place Monday October 26, beginning at 10 a.m. Click here to view the available New York-bred hips.

NY-bred yearlings hold their own through session 2 of F-T October

Wednesday, October 21st, 2015

tos15-miby Sarah Mace

Midway through the four-day Fasig-Tipton Kentucky October yearling sale, New York-breds are performing virtually on a par with the general population of the auction, while the male and female New York-bred toppers in Tuesday’s second session both cracked six-figures.

The average price for the 29 New York-bred yearlings that sold in the first two sessions of the auction was $31,448, slightly below the cumulative sale average of $34,833, while the $15,000 median was identical to the sale median. The buyback for New York-breds came in on the high end at 41%, as the RNA rate in the overall sale stands at 32.2%

So far the auction is getting mixed reviews from participants and Fasig-Tipton’s president and CEO, Boyd Browning Jr.’s comments followed suit. “On Monday,” Browning said, “we probably didn’t start off very strong, just the way the catalogue fell, and it took a while to get some enthusiasm going. And it felt better today [Tuesday], and I think we’ll see a similar marketplace the next two days. The good news is that the buyers are all complaining it’s not easy to buy a horse. The bad news is that the sellers are saying it’s not easy to sell a horse.”

The top-selling New York-bred yearling in session two was Hip 426, a bay colt by Tapizar foaled last February 24 who was bred by Fred W. Hertrich III. A $125,000 RNA at the Fasig-Tipton preferred New York-bred sale in Saratoga over the summer, the colt, who was offered in Kentucky by Taylor Made Sales Agency, Agent XXVIII, brought the identical price when hammered down to Purpoodock Bloodstock on Tuesday.

Hip 426 is the first offspring of Introvert, a winning daughter of Smarty Jones. She is a half-sister to six other winners, topped by Argentinian champion 2-year-old filly Forty Greeta, a stakes producer, and to Grade 2-winning sire Honorable Dillon. Introvert aborted her Paynter foal this year and has been bred to Exchange Rate.

The top filly of the session, Hip 415, also offered by Taylor Made, went to Mike Ryan, Agent for $100,000. Bred by Pine Ridge Stables, Ltd, the dark bay or brown filly is by Tale of the Cat out of stakes-placed Indian Rush, dam of New York-bred open stakes winner Harlan’s Honor. The filly’s third dam is stakes winner Secret Rhapsody, a stakes producer, as is her third dam Hear A Rhapsody.

The October Sale will conclude with sessions on Wednesday and Thursday each beginning at 10:00 a.m. Chick here to review upcoming New York-bred hips.

Candy Ride filly tops New York-bred yearlings in F-T KY October opener

Tuesday, October 20th, 2015

tos15-miby Sarah Mace

In the first session of Fasig-Tipton’s Kentucky October yearling sale, which began its four-day stand on Monday at Newtown Paddocks in Lexington, the top New York-bred of 14 individuals sold was a Candy Ride (ARG) filly bred by The New Hill Farm, LLC who brought $150,000. The top New York-bred colt, sired by The Factor, was purchased for $95,000. Both sale yearlings are the first registered New York-bred foals for their dams.

The $150,000 Candy Ride filly (Hip 105), who was purchased by Conquest Stables, is the second foal out of Dade Babe, a Florida-bred graded winner by Cimarron Secret. Two of Dade Babe’s siblings are stakes performers and more graded black type appears under her second dam Doonazon, headed by graded stakes winner of multiple stakes races Sambacarioca. The filly was consigned by Lane’s End, Agent and had sold previously at the Fasig-Tipton Select yearling sale in Saratoga over the summer for $100,000 to GPB.

The male New York-bred yearling topper of the first session by The Factor, Hip 37, was bred by Maurice F. Casey III and is out of Cedar Run’s Emblem. His new owner, who went to $95,000 to secure the purchase is FHMB. Cedar Run’s Emblem, a West Virginia-bred daughter of Our Emblem, has already produced three winners from three starters. Her colt by The Factor was purchased last year by Tim Hamlin as a weanling at the Keeneland November sale for $80,000.

Fasig-Tipton’s Kentucky October yearling sale was expanded this year from three days to four to accommodate 1,485 entries, up 20% from last year’s initial catalog of 1,236. The sale continues on Tuesday through Thursday, October 22, beginning each day at 10:00 a.m.

For complete sale results, click here.

Not For Love yearling tops NY-bred offerings at F-T Midlantic

Wednesday, October 7th, 2015

midlantic fall yearlings 15 logoby Sarah Mace

The top New York-bred seller in Tuesday’s single-session Fasig-Tipton Midlantic fall yearling sale was a bay colt by Not For Love who brought $37,000. The top filly, by Colonel John, fetched $27,000, and the standout New York-sired New York-bred was a $30,000 colt by Girolamo.

The $37,000 New York-bred sale topper, Hip 214, who is named Rocky Love, was sold by Marshall W. Silverman, agent, to Rod McVey. Silverman purchased the colt in the summer at the Fasig-Tipton New York-bred preferred sale for $13,500 from Fort Christopher’s Thoroughbreds, agent.

Bred by John Martin McDermott and Laura Griffen McDermott, the colt is out of Race Rocks (IRE), an unraced daughter of Rock of Gibraltar (IRE) who has produced three winners from three starters and is a half-sister to $1.4 million dollar-earner and Grade 1 winner Peeping Tom (Eagle Eyed).

The colt’s second dam is stakes placed Artful Pleasure (Nasty and Bold), and appearing in the third generation, among other blacktype winners, is $2.2 million dollar-earner and sire Sun King. The family also includes the dam of graded stakes winners Allamerican Bertie and Hurricane Bertie.

The New York-bred filly topper, Hip 240, is dark bay or brown individual by Colonel John bred by Doug and Felicia Branham. Out of juvenile stakes winner Secretsoftheheart (Put It Back) and consigned by Blake-Albina Thoroughbred Services LLC, agent, the Breeders’ Cup-nominated filly was hammered down to LC Racing. The filly’s third dam Secret Elegance, an unraced daughter of Secretariat, is the dam of multiple stakes winner Profound Secret. She was a $3,500 weanling purchase at Keeneland’s January sale this year.

The top New York-sired New York-bred at the Midlantic sale and second top-seller overall, Hip 171, a bay colt by Girolamo, went by way of private sale from the consignment of Harry L. Landry Bloodstock LLC, agent, to trainer Gary Sciacca, agent. Bred by Joe DiRico, the bay is the first foal out of Nurse Disco, an unraced daughter of Disco Rico who has three winning siblings, topped by Gatto Nero, a ten-time winner of over $170,000. New York-bred stakes winners Demon Damon and Royal Ben appear under the colt’s third dam, and further down the pedigree we find stakes winners Bee a Scout, Fit to Scout and Scout Command.

The filly’s sire Girolamo, a Grade 1-winning son of A.P. Indy for Darley, began his stud career in 2012 at Becky Thomas and Dennis Narlinger’s Sequel Stallions New York.

New York-bred yearlings ahead of the curve through Book 2 at Keeneland September

Sunday, September 20th, 2015

keeneland-logoby Sarah Mace

Through the first two books of the Keeneland September yearling sale, New York-breds have posted impressive numbers, outperforming the general population of the sale in cumulative average and median, and only giving up some slight ground in the RNA department.

Upon the completion of the three sessions that comprised Book 1 this year (Monday through Wednesday), and a dark day (Thursday) to allow prospective buyers more time to examine offerings from upcoming sessions, the two sessions of Book 2 took place on Friday and Saturday.

Through these first five sessions of trading, 16 New York-bred yearlings of 25 offered found new homes, selling for an average price of $222,500 and median of $200,000. The sale overall has posted a cumulative average of $211,692 (up 4.4% from $202,770 in 2014) and 150,000 median (the same as last year).

The 36% buy-back rate for New York-breds is somewhat higher than the 29.29% buy-back percentage for the general population of the sale (which is up from 27.15% last year), but may indicate that sellers feel confident that they have better options down the road. In all, 13 of the 16 New York-bred yearlings sold in Books 1-2 commanded six figures, and nine sold for $200,000 or more.

The top four Empire-breds, three colts and a filly, changed hands in Book 1, led by a pair of $500,000 yearlings, one a half-sister to I Want Revenge and the other a half-brother to Mr. Z, both bred by Newtown Anner Stud and both selling in Tuesday’s second session. The New York-bred standouts of Book 2 were Hip 799 and Hip 753.

Hip 799, a chestnut filly by Union Rags bred by Saratoga Glen Farm, LLC in Schuylerville, was purchased by Garland Williamson from Peter O’Callaghan’s Woods Edge Farm consignment for $290,000. Out of Bit of the Bubbly, an unraced daughter of A.P. Indy, the sale filly has six winning siblings of six to start, including Grade 1 stakes-placed Past the Point and stakes performers A Bit of Pressure and Cat Five. Her second dam is multiple stakes winner Bedroom Blues, an earner of nearly $600,000.

Hip 753, bred by SF Racing and consigned by Gerry Dilger’s Dromoland Farm Inc. went to Jay Em Ess Stable for $285,000. A chestnut colt by Sidney’s Candy out of placed runner Abbey’s Missy by Slewacide, the sale colt is a half-brother to Caleb’s Posse, by Posse, $1.4 million-earner and winner of the Breeders’ Cup Dirt Mile during a stellar 2011 campaign.

The Keeneland September Sale continues Sunday, September 20, with the first session of the two-day Book 3 and the auction runs through Saturday, September 26, with all sessions beginning at 10 a.m. ET. The entire sale is streamed live at