Australian Pinhookers Buy Speightstown Colt
by Ron Mitchell
Date Posted: 7/21/2009 4:38:52 PM
Last Updated: 7/22/2009 5:56:07 PM

Hip #451 colt; Speightstown - Motel Lass by Bates Motel, brought $335,000 during the July 21 final session of the Fasig-Tipton July yearling sale in Lexington.
Photo: Anne M. Eberhardt

BC3 Thoroughbreds, an Australian-based pinhooking operation went to $335,000 to acquire a Speightstown   colt during the July 21 final session of the Fasig-Tipton July yearling sale in Lexington.

The colt, consigned by Hunter Valley Farm, was bred in Kentucky by Nekkia Farm. He was produced from the winning Bates Motel mare Motel Lass.

Bill Vlahos, the BC3Thoroughbreds CEO who signed the ticket for the colt, said his operation has employed U.S. horseman John Brocklebank to assist in buying yearlings in the U.S., Australia, and Asia for purposes of being resold as 2-year-olds. BC3 is the name that Brocklebank previously operated under in the U.S,

"He provides the expertise and we have the business sense," Vlahos said of working with Brocklebank.

Vlahos said the goal is to buy 30 horses on each of those continents that could be turned over for profit. He said the U.S. horses will be sent to the company’s farm in Utah to be prepped for next year’s Fasig-Tipton 2-year-old sales.

Because 2-year-old sales are rare in Australia, Vlahos said those yearlings Down Under will be sold during the company’s own sale, coming up Aug. 23. He said BC3 Thoroughbreds is taking potential buyers to Australia for the sale in Victoria.

When the U.S. yearlings are sold as 2-year-olds, BC3 Thoroughbreds would likewise bring buyers from other continents to look at those horses.

Vlahos said that while it appeared the FTK sale was a buyer’s market, it’s still tough to get the quality horses because other buyers are also keying in on the same horses.

 



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