NEWS: SALES

Good Magic colt sells for $360,000 at Keeneland

Wednesday, November 11th, 2020

Hip 670, weanling colt foaled in New York from first crop of champion Good Magic, sells for $360,000 Wednesday at Keeneland November breeding stock sale. Keeneland Photo.

By Tom Law

A weanling colt foaled in New York from the first crop of champion and Breeders’ Cup Juvenile winner Good Magic sold for $360,000 to highlight Wednesday’s third session of the Keeneland November breeding stock sale.

Selling as Hip 670 and consigned by Bedouin Bloodstock, agent, the colt out of the Bernstein mare Inlovewithlove was purchased by Larry Best’s OXO Equine LLC. Bred by SF Bloodstock, the colt is a half brother to multiple graded stakes winner and $570,312-earner Lovely Bernadette.

“I tend to go earlier now for (weanlings) as opposed to waiting for them to be yearlings,” Best said. “You take more risk, but you are not spending the same amount of money. You might get two or three shots on goal for what you’d be paying at the yearling sales.

“I am trying to diversify with different sires. This one is by Good Magic and was good looking. Physically, this was about as good as you are going to get for a weanling. I expected to get him for $250,000 or $300,000. I had to go a little higher, but the right people were on it.”

SF Bloodstock purchased Inlovewithlove in foal Curlin, for $230,000 at the 2018 Keeneland November sale. The subsequent foal, a colt by Hall of Famer and Horse of the Year Curlin, sold for $425,000 at the recent Keeneland September yearling sale. Lovely Bernadette also sold for $750,000 at the 2018 Keeneland November sale.

OXO Equine also purchased 2019 champion New York-bred 3-year-old filly Newly Minted, selling as Hip 750, for $180,000 during Wednesday’s session.

Consigned by Mill Ridge Sales and selling as a broodmare prospect, the 4-year-old daughter of Central Banker won six of 12 starts and earned $516,738 for owners Beach Haven Thoroughbreds.

A $110,000 2-year-old in training purchase, Newly Minted won five of eight starts during her championship campaign. Trained by Linda Rice, Newly Minted won the Fleet Indian, Bouwerie and the Park Avenue division of the New York Stallion Series in 2019.

Grade 3-placed Munchkin Money, a 7-year-old New York-bred daughter of Freud who finished second in the 2019 Yaddo Stakes at Saratoga, sold for $220,000 Wednesday.

Selling as Hip 737 out of the ELiTE consignment, Munchkin Money sold in foal to Triple Crown winner American Pharoah.

A half sister to stakes winner Here Comes Rita, Munchkin Money won seven of 29 starts with six seconds and three thirds for $449,115 in earnings. She finished second in the Grade 3 Marshua’s River in January at Gulfstream Park for trainer Christophe Clement and owners Sweet Home Stables, Mark Parkinson, Brian Martin, Steven Bouchey and Tony Weintraub.

Broodmare shoppers at the fall mixed sales figure to be able to take advantage of changes to New York rules regarding residency requirements for dams of New York-bred foals, including mares purchased at auction on or after Nov. 1, 2019. The rules are expected to become final upon publication in the State Register of New York on or about Nov. 18, and shall have retroactive effect with regard to eligible mares purchased at public auction sales occurring on or after Nov. 1, 2019.

The new rules establish definitions for resident mares and non-resident mares and set forth program eligibility requirements for their foals. Under the new rules, a resident mare would be a mare that is continuously in residence in New York State from date of conception in New York State or within 120 days after her last cover in the year of conception occurring outside of New York State and that remains in the State until foaling the following year, with no breed-back required. Mares that maintain their New York State resident status can be covered each season by a stallion located anywhere in the world.

non-resident mare would be a mare that does not qualify as a resident mare. However, under the new rules, a non-resident mare that is purchased in foal through public auction will be deemed to be a resident mare for all purposes if all of the following conditions are satisfied: (1) the mare is purchased for at least $50,000 in the public auction, (2) the mare is present in New York State within 15 days after the sale is concluded, (3) the foal from public auction mare is foaled in New York State and (4) the mare thereafter is continuously in residence in New York State from within 120 days after her last cover in the year of conception of another foal and remains in residency until foaling.

The Keeneland November breeding stock sale continues with the fourth session starting at 10 a.m. Thursday.

 

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