The results were grim, but not surprising, as Keeneland opened its January horses of all ages sale in Lexington during a time of worldwide economic downturns. The gross revenue Jan. 12 plummeted 44% from the auction's first session in 2008 while the average price dropped 45.9%. The median price suffered the most damage, falling 50.9%.
Wagering in Florida on Calder Race Course's recently concluded Tropical at Calder meet fell 31% in 2008, according to the Florida Division of Pari-Mutuel Wagering.
The first foal by El Nino was foaled Jan. 12 at Eddie Martin's Martin Stables South near Reddick, Fla.
TVG will again broadcast the Eclipse Awards live, the network announced Jan. 12. The awards ceremony, honoring racing's champions of 2008, will be held Jan. 26 in Miami Beach, Fla.
TrueNicks has introduced an important new tool in pedigree research - the Broodmare Analysis Report. Breeders and owners can now hypothetically cross a mare with up to 50 stallions and quickly identify the matings with the most potential.
Azeri failed to find a new home during the opening session of the Keeneland January horses of all ages sale Jan. 12 in Lexington. Michael Paulson, saying she was "like part of the family," bought back the 2002 Horse of the Year for $4.4 million. Last year, Paulson set a world Thoroughbred auction record when he bought back Azeri's s first foal, Vallenzeri (by 1992 Horse of the Year A.P. Indy), for $7.7 million at the Keeneland September yearling auction.
The Texas Thoroughbred Association honored its top performers of 2008 at its annual Horse Racing/Breeding Conference and Annual Meeting in Dallas Jan. 9-10. The winner of the prestigious T.I. "Pops" Harkins award went to John Adger, racing manager of Bob and Janice McNair's Stonerside, which was purchased by Sheikh Mohammed's Darley last year.
The first reported foal by 2006 Horse of the Year and champion older male Invasor is a colt born Jan. 11 at Sheikh Hamdan's Shadwell Farm near Lexington
Azeri, who was expected to top the Keeneland January sale, was instead bought back on a bid of $4.4 million.
Xchanger, a multiple graded stakes winner, will enter stud at Jim and Sheila DiMare's Rising Hill Farm near Ocala, Fla.
Grade I winner Island Fashion, who is in foal to 2004 Horse of the Year Ghostzapper, sold for $950,000 around noon during the Jan. 12 opening session of the Keeneland January horses of all ages auction in Lexington. Naohiro Hosoda of the Shadai Corp. wrote the name of Katsumi Yoshida, the owner of Northern Farm in Japan, on the sale ticket.
The first foal by grade I winner Corinthian arrived Jan. 11 at the Beck family's Gainesway Farm near Lexington, where Corinthian stands.
In response to the troubling economic times, Northview Stallion Station is offering an innovative Breeder Assistance Program to mare owners for 2009.
Elusive Diva, a grade III winner on turf and dirt, provided a bright spot early in the Keeneland January horses of all ages sale in Lexington, bringing $825,000 as hip No. 9 Jan. 12.
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