Heard on the Street: Observations from Fasig-Tipton Sale
Updated: Thursday, July 17, 2003 6:01 PM
Compiled by Ron Mitchell, Kristin Ingwell Goode, Leslie Deckard, Ben HickmanBruno de Berdt
Posted: Wednesday, July 16, 2003 6:06 PM
, buyer: "I'm looking for horses for pinhooking, maybe two or three. I'm not going to get overly zealous because of all the horses coming in September. I like new sires because if (the horse) trains well, you're selling a dream at the 2-year-old sale. If they train precociously, and he's not one of many, then there's a lot of potential. If you buy a (yearling sire by a) known sire, there's only so much possibility for return (based on their averages). I like to buy (horses by) new sires or out of young mares. It works for me."Bill Graves
, director of yearling sales, Fasig-Tipton Kentucky: "I don't know if it's the economy or what, but they (buyers) are being very picky. They are willing to pay a lot if it's what they really want."Hoby Kight
, buyer: "This sale has always been good, and there's a lot of good horses (this year). I don't think MRLS has had an affect on the sale. We're trying to buy good horses to take to the 2-year-old select sales in Florida. The two we bought today we'll take to Miami to sell."Bill Mott
, trainer, buyer: "Overall, there are a lot of nice horses, and some very nice individuals. I haven't looked at a lot of horses so far, but I have seen a few nice Lemon Drop Kid yearlings. When they look good, they sell good so the price ($150,000 for a Richter Scale filly) was justified. Richter Scale was a very nice horse, and this was an outstanding looking filly."Satish Sanan
, owner of Padua Stables, buyer: "The new sires are unproven and people are willing to pay only a certain amount for the new sires."Ric Waldman
, bloodstock adviser: "I think Keeneland not having a sale hurt, rather than helped, this sale. You don't have some of those buyers who come in for the Keeneland sale and make their way over here and buy horses here. Despite that, I think this has been a very strong sale."
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