Figures Soar at Keeneland's 13th Session

Figures Soar at Keeneland's 13th Session
Photo: Anne M. Eberhardt
Upbeat mood continues at yearling sale.

Topped by a Victory Gallop filly that sold for $95,000, the 13th session of the Keeneland September Yearling Sale followed the pattern of the 10 previous sessions as the gross receipts and average and median prices soared Sept. 23.

The session topper, consigned by Baccari Bloodstock, was bought by WinStar Farm, as agent. Victory Gallop stands at WinStar, located near Versailles, Ky., and the filly was bred by Woodlynn Farm and Brian Hoeweler. She had been purchased by Baccari for $12,000 as a weanling at last year’s Keeneland November sale. The filly was produced from the winning Dehere mare Mild Maggie.

Keeneland reported 249 horses sold for a total of $3,664,200, which was up 65.9% from the $2,208,700 paid for 229 horses during the corresponding session a year ago. The $14,716 average represented a 52.6% gain on the 2006 average of $9,645, and the median was up 38.5% to $9,000 from $6,500. The 63 horses that did not sell Sunday was 20.2% of the total through the ring.

With two days remaining in the sale, the cumulative gross of $398,325,500 is down 4.4% from the same point one year ago, and the average of $112,540 is 4.6% below the figure in 2006. The cumulative median of $50,000 is equal to last year's.

Since the sale began with declines of 20.5% and 23.6% in gross and average, respectively, during the two-day select sessions, the sale has climbed its way out of that double-digit deficit on the basis of strong demand for horses in the middle price ranges and by greater participation from foreign buyers taking advantage of the weak U.S. dollar. While neither the gross nor average will match last year’s figures, that so much ground has been made up indicates this is a very strong sale.

“It’s impressive that we’re within about four-and-a-half percentage points of last year’s gross and average,” said Keeneland sales director Geoffrey Russell. “I think this year’s sale is much stronger than last year.”

The session’s second-highest price of $85,000 was shared by a Cape Town filly and a Van Nistelrooy colt.

Consigned by Eaton Sales as agent for breeder Overbrook Farm, the Cape Town filly was bought by agent Stanley D. Petter Jr. She was produced from the unraced Storm Catmare Restless Cat, a full sister to grade I winner and sire Hennessy and a half-sister to grade I winner Pearl City, multiple graded stakes winner Shy Tom, and stakes winner Wild Kitty.

Bred in West Virginia by Alan Parker and Dr. Janet Hoke, the Van Nistelrooy colt was bought by Alice Cohn from the consignment of the breeders’ Tym Mar Farms. Sabina, the stakes winning daughter of Cox’s Ridge who produced the colt, had been purchased by Parker while carrying the foal for $9,000 at the 2005 Keeneland November sale. The colt is a half-brother to stakes winner and stakes producer Write Lite.

The sale continues Sept. 24 and concludes the following day.

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