Kentucky

News and features for Kentucky farm owners, racehorse owners, and breeders

Downward Spiral Continues at Keeneland

Downward Spiral Continues at Keeneland

The Keeneland January horses of all ages sale continued its scary downward spiral during the second session of its six-day run in Lexington. The gross revenue Jan. 13 dropped 66.2% from a year ago while the average price fell 61.6%. The median price plunged 55.8% while the number of horses sold was down least of all, 12.1%.

Azeri, For Now, Probably Won't Be Sold

Azeri, For Now, Probably Won't Be Sold

One day after buying back Azeri for $4.4 million at the Keeneland January horses of all ages sale, Michael Paulson indicated that the 2002 Horse of the Year would be remaining under the control of the Allen E. Paulson Living Trust even though he had expressed a desire to sell her privately.

Keeneland Opening Average Plummets 45.9%

Keeneland Opening Average Plummets 45.9%

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%.

Azeri Bought Back for $4.4 Million

Azeri Bought Back for $4.4 Million

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.

Island Fashion Sells For $950,000

Island Fashion Sells For $950,000

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.

Distorted Reality to Stand at Buck Pond

Stakes winner and multiple graded stakes placed Distorted Reality will stand the 2009 breeding season at Douglas Arnold's Buck Pond Farm near Versailles, Ky., it was announced Jan. 9. Distorted Reality will stand for a fee of $5,000 on a live foal/stands and nurses basis.

Keeneland Opens 2009 With Azeri

Keeneland Opens 2009 With Azeri

Keeneland kicks off its 2009 selling season on Jan. 12 in Lexington with its January horses of all ages auction. Scheduled to be offered during the opening session of the six-day auction is 2002 Horse of the Year Azeri, who is in foal to 2004 Horse of the Year Ghostzapper.

Kentucky Industry Hopeful About Stumbo

Democratic Kentucky Rep. Greg Stumbo was sworn in Jan. 7 as the state's speaker of the House, giving some in the Thoroughbred industry hope that alternative gaming may soon exist in the Bluegrass State.

Domino Stud Streamlining Operations

Domino Stud of Lexington is streamlining its operations. More than 20 horses, including Domino's breeding stock, will be offered at the Keeneland January horses of all ages sale through Meg Levy's Bluewater Sales.

Kentucky Jockeys Seek Higher Mount Fees

Jockeys riding in Kentucky are seeking an increase in losing mount fees â€" those paid for finishing fourth or worse in a race â€" and have been unable to reach an agreement with horsemen, according to representatives of the Jockeys' Guild who attended the monthly Kentucky Horse Racing Commission meeting Jan. 6.

Brass Hat Back For More in 2009

Brass Hat Back For More in 2009

After a disappointing 2008 campaign in which he went winless in five starts, trainer Buff Bradley thought the end may had finally come for 7-year-old Brass Hat, a fan favorite who had claimed seven stakes victories in his sensational career.

Turfway Posts Modest Gains

Turfway Posts Modest Gains

Turfway Park closed its 2008 Holiday Meet with slight increases in average daily handle both on-track and from all sources. Daily on-track wagering on Turfway races was $127,992, an increase of 0.3%, while daily all-sources wagering on Turfway races was $2,775,799, up 1.8%.

Turfway Prevue First Test For Sophomores

The first stakes race of Turfway Park's new winter/spring meet is also the first chance to gauge hopefuls for the Lane's End Stakes (gr. II) later in the meet. The $50,000 Turfway Prevue Stakes on Jan. 3, written for 3-year-olds racing 6 1/2 furlongs, is the first of three local prep races for the Lane's End, which is in turn a major prep for the Kentucky Derby (gr. I).

Payson Weds Real Estate Broker Cole

Payson Weds Real Estate Broker Cole

Virginia Kraft Payson, who owns Payson Stud in Lexington and the Payson Park Thoroughbred Training Center near Staurt, Fla., and prominent Colorado real estate broker David Libby Cole were married Dec. 19 at the Vail (Colorado) Chapel.

Goins Honored with Photography Eclipse

Goins Honored with Photography Eclipse

Lexington photographer Matt Goins has won the 2008 Media Eclipse Award for Photography for his picture "Frankie's Flying Dismount" of jockey Frankie Dettori following his victory in the Grey Goose Breeders' Cup Juvenile Turf at Santa Anita Park on Oct. 25.

Shellman Leaving Churchill Post

Lee Ann Shellman, who since 2003 has served as senior director of premium seating at Churchill Downs, is leaving the Kentucky racetrack. Her final day will be Dec. 31.

New F-T Office Will Have Three Levels

New F-T Office Will Have Three Levels

Construction is under way on a new office building at Fasig-Tipton's Newtown Paddocks property near Lexington. The structure, which will be located in front of the sale pavilion, will have three levels (two above ground and a basement). A walkway will connect the second above ground level of the office building with the second story of the sale pavilion.

Breeders' Cup Reverses; Will Fund Stakes

Breeders' Cup Reverses; Will Fund Stakes

Five days after it announced it was suspending its North American Stakes program, Breeders' Cup apparently has reversed itself and decided to fund the program for 2009, according to two members of its board.

Burdensome Paperwork Focus of KHRC

Problems associated with having the necessary paperwork transferred in an efficient and timely matter for horses that move from state to state to compete were the focal point of discussion at the Dec. 15 meeting of the Kentucky Horse Racing Commission.

KY Task Force Cites Urgency of Action

KY Task Force Cites Urgency of Action

Kentucky horse racing and breeding industries are losing ground to other states, and if immediate action is not taken to stem the tide, the state could find itself in jeopardy of losing one of its signature industries, according to a 70-plus-page document released Dec. 15 by the Governor's Task Force on the Future of Horse Racing.

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