OBS Spring Sale Suffers Small Setbacks in Gross and Average
Updated: Monday, May 16, 2005 10:44 AM
Posted: Thursday, April 28, 2005 7:19 PM
The Ocala Breeders' Sales Co.'s spring juvenile auction ended its four-day run Thursday in Central Florida with small declines in gross revenue and average price from last year's sale record highs. The gross of $22,017,800 was down 5.0% from the 2004 total of $23,183,000. The average of $28,410 decreased 5.1% from last year's figure of $29,952. The number of horses sold this year was 775 compared to 774 in 2004.
In addition, the median suffered a 5.6% setback, falling from $18,000 last year to $17,000 this year. The buy-back rate grew from 19.9% to 28.6%.
The top-priced horses during the final session were colts by Greenwood Lake
that each brought $190,000.
William Condren purchased the Greenwood Lake colt from Farnsworth Farms, agent. Produced from the 16-year-old stakes-winning Fortunate Prospect mare Fortune Forty Four, the colt is a half-brother to added-money winner Smoke Chaser (by Smoke Glacken
). Prior to the OBS auction, the colt worked a quarter-mile in :21 3/5.
Trainer Steve Klesaris, agent for Puglisi Stables, bought the Siphon colt from Wingate Sales Agency (France Weiner), agent. The colt is a half-brother to stakes winner Taos. They are out of the 16-year-old Conquistador Cielo mare House Dressing, who is a full sister to added-money winner House Wine. House Dressing also is a half-sister to grade II winner Lea Lucinda and to grade III winner Power Lunch.
Wingate Sales Agency purchased the Siphon colt for $70,000 at last year's Keeneland September yearling auction. Earlier this year, he was a $70,000 buy-back at the OBS February select juvenile auction at Calder Race Course. Prior to the OBS spring sale, the colt worked three furlongs in :34.
During the final session, 167 horses were sold for a gross of $4,422,200, an average of $26,480, and a median of $15,000. Last year, 178 horses were sold for a gross of $6,064,300, an average of $34,069, and a median of $17,000. The buy-back rate rose from 22.9% last year to 34.2% this year.
This year's last session horses included two with close connections to Kentucky Derby (gr. I) candidates. A full brother to Wood Memorial Stakes (gr. I) winner Bellamy Road (Concerto – Hurry Home Hillary) sold to Julio Cartagen for $80,000. The colt was consigned by Ocala Stud Farms, agent. A full brother to Santa Anita Derby (gr. I) winner Buzzards Bay (Marco Bay -- Lifes Lass) was bought back for $40,000. The colt was consigned by Horses of Course, agent for Jay Shaw.
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