While the Lord at War mare Inspirational brought $230,000 at the annual Adena Springs broodmare sale at Fasig-Tipton Kentucky's Newtown Paddocks Nov. 9, overall the sale posted losses in both average and median.
Of the 91 hips offered, 88 mares found new homes, and each came with a 2007 season to a selected stallion from Adena Springs. The majority of mares were sold in foal to Adena Springs stallions.
The gross was $2,313,500, up slightly from last year's total of $2,206,000. However, last year, only 56 mares were sold from 68 offered. The average of $26,290 was down 33.3% when compared to last year's average of $39,393. The median of $18,500 was down 40.4% from $31,000.
"We are just looking for mares with different lines, and we want to make these stallions," said Andy Stronach. "If you over hype these horses, then the chain goes backwards. People have bought them from all over the country, and these horses will be running in different parts of the country. We are looking for a big gene pool. These are our stallions, and we are trying to steer them right."
The sale topper sold in foal to Sligo Bay
. Jess Jackson's Stonestreet Thoroughbred Holdings purchased the 8-year-old mare, and she sold with a 2007 season to either North Light
or Milwaukee Brew
. Out of the winning Fappiano mare Warna Corna, Inspirational is a half-sister to stakes winner Cascade Corona, by Pine Bluff
"This horse (Sligo Bay) is very underrated," Stronach said. "We are excited about him, and it is good for him that a mare brings so much."
The mare's first foal, The Niagara Queen (by Langfuhr
), finished second in the Carotene Stakes at Woodbine Oct. 7 and followed that performance with an easy allowance win over the same track's Polytrack Oct. 22.
"The mare had a meaningful update that greatly enhanced her value," said Fasig-Tipton's chief operating officer, Boyd Browning. "Her sale price reflected that update."
mare Naughty Mambo brought the second highest price of the evening when Winchester Farm purchased her for $125,000. The 8-year-old mare was sold in foal to North Light and with a season to either Giacomo or Milwaukee Brew. She is a daughter of the stakes-winning Relaunch mare Naughty Notions.
"I thought it was a very good sale for the horses that were offered tonight," said Browning.
During the sale, it was announced that the 2005 Kentucky Derby (gr. I) winner, Giacomo, has officially been retired, while Silent Name, who was also slated for retirement, will remain in training. Mares that were scheduled to be sold with a season to Silent Name were offered with different stallion seasons. The 4-year-old son of Sunday Silence won the Arcadia Handicap (gr. IIT) in April, and in his last start, finished sixth in the NetJets Breeders' Cup Mile (gr. IT) at Churchill Downs Nov. 4.