Southeast Region

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

Consignor Mulligan Hospitalized

Consignor Mulligan Hospitalized

Mike Mulligan, whose Leprechaun Racing sold the second-highest priced horse at the Fasig-Tipton Florida select sale of 2-year-olds in training March 3, was in the intensive care unit at Memorial General Hospital in Hollywood, Fla., the following day as a result of injuries he suffered in a fall.

Buybacks Down at F-T Sale; Average Drops

Buybacks Down at F-T Sale; Average Drops

Tackling the biggest financial crisis since the Great Depression, Fasig-Tipton's Florida select sale of 2-year-olds in training suffered some bumps and bruises, but also scored a couple of minor victories. The number of horses sold rose from a year ago while the buy-back rate declined. Meanwhile, the gross revenue fell 25.5% and the average price dropped 31.5%. The median price was down 34.8%.

Unbridled's Song Colt Brings $1.1M

Unbridled's Song Colt Brings $1.1M

A strapping Unbridled's Song colt named Cornerstone broke through the seven-figure price barrier a little more than two hours into the Fasig-Tipton Florida select sale of 2-year-olds in training March 3 at Calder Race Course. Sheikh Mohammed's bloodstock manager John Ferguson paid $1.1 million for the gray or roan juvenile.

Fasig-Tipton to Report Private Sales

Fasig-Tipton will report private sales in addition to horses sold in the auction ring during its Florida select sale of 2-year-olds in training March 3 at Calder Race Course. The juveniles sold privately will be designated on the sale summary sheet as (PS), which stands for private sale. The private sales will be included in the auction's final statistics.

Fasig-Tipton: Puttin' on the Ritz

Fasig-Tipton: Puttin' on the Ritz

When Dubai-based Synergy Investments purchased Fasig-Tipton last year, Sheikh Mohammed's bloodstock manager, John Ferguson, vowed the Kentucky-based auction firm would strive to offer higher levels of customer service. According to shoppers at Fasig-Tipton's Florida select sale of 2-year-olds in training, the company is fulfilling that promise.

Patena Works, On Target For La. Derby

Patena Works, On Target For La. Derby

IEAH Stables' 3-year-old colt Patena passed an important test Feb. 28 with an easy six-furlong workout at Gulfstream Park that will keep him on the path to starting in the $600,000 Louisiana Derby (gr. II) March 14 at Fair Grounds in New Orleans.

Slots, Indian Gaming on Florida Agenda

The Florida Legislature will begin its annual two-month session on March 3, with the state's Thoroughbred tracks and other pari-mutuels seeking changes in a gaming compact that Gov. Charlie Crist and the Seminole Tribe of Florida signed in 2007.

Gulfstream Retail Development Progresses

Magna Entertainment Corp. and partner Forest City Enterprises announced Feb. 26 the first 32 tenants for the retail portion of their The Village at Gulfstream Park development. Plans for the $1.2-billion complex, adjacent to Gulfstream's clubhouse/casino building, include a hotel and condominiums on the property in Hallandale Beach, Fla. Meanwhile, officials are reluctant to speculate on a possible bankruptcy filing by MEC.

Times Are Tough for Pinhookers

If the recent Ocala Breeders' Sales Co. (OBS) February select sale of 2-year-olds in training was any indication, it's going to be a tough year for yearling-to-juvenile pinhookers. The rate of return (ROR) on their investment, 30.7%, ranked among their worst ever based on figures that date back to 1990. It was the weakest since the ROR dropped to its lowest point during the 20-year period of 17.1% in 1993.

Loaded Fountain of Youth Has it All

Loaded Fountain of Youth Has it All

A deep and talented field has been entered for the $250,000 Fasig-Tipton Fountain of Youth Stakes (gr. II),and when the dust finally settles on the Gulfstream Park oval Feb. 28, the still muddled Kentucky Derby Presented by Yum! Brands (gr. I) picture should become a little bit clearer.

FTBOA Awarded $2.5 Million Grant

FTBOA  Awarded $2.5 Million Grant

The Florida Thoroughbred Breeders' and Owners' Association announced Feb. 25 that it, along with partner MaxWest Environmental Systems, has received a grant award in the amount of $2.5 million from the Florida Energy and Climate Commission for a green energy project.

Criticism Coasts to Comfy Very One Win

Criticism Coasts to Comfy Very One Win

Apparently, English-bred Criticism has found the footing on American soil to her liking. The Darley homebred mare, who made her North American debut this past fall, wrapped up her second consecutive graded stakes when taking the $100,000 The Very One Stakes (gr. IIIT) in front-running fashion Feb. 22 at Gulfstream Park.

Big Drama Back to Work

Big Drama Back to Work

Harold Queen's 3-year-old Florida homebred Big Drama breezed an easy half-mile in :50-flat Feb. 22 at Calder, his first workout since Jan. 18 as the colt's training schedule was interrupted by a bone bruise that required surgery after kicking himself in a shin in his stall.

One Caroline Stays Perfect in Sabin

One Caroline Stays Perfect in Sabin

G. Watts Humphrey Jr.'s talented filly One Caroline wasn't fazed the least bit when facing graded stakes winners for the first time, as she took command shortly after first call and disposed of six rivals to win the $100,000 Sabin Stakes (gr. III) by a length Feb. 20 at Gulfstream Park.

Anyone's Guess in The Very One

Anyone's Guess in The Very One

Bentley Smith's homebred Lady Carlock may have a small edge in the $100,000 Very One Stakes (gr. IIIT) Feb. 22 at Gulfstream Park based on her victory in the Suwannee River (gr. IIIT) three weeks ago, but the wide-open turf event for fillies and mares is anyone's for the taking.

OBS Reports Five Riding Crop Violations

The set of uniform policies developed by four major auction firms Barretts, Fasig-Tipton, Keeneland, and the Ocala Breeders' Sales Co. took effect beginning with the OBS February select sale of 2-year-olds in training Feb. 17 in Central Florida. The policies address medication, prohibited practices, riding crops, and horseshoes. "As the first sale under these new guidelines, I thought it went tremendously well," said Tom Ventura, the OBS general manager and director of sales.

OBS February Sale Gross Falls 29.3%

OBS February Sale Gross Falls 29.3%

The selling season for select 2-year-olds in training staggered out of the starting gate in Central Florida Feb. 17. The year's first major juvenile auction, the Ocala Breeders' Sales Co. February sale, suffered sobering setbacks of 29.3% in gross revenue, 33.7% in average price, and 28% in median price from a year ago. Another discouraging result was the buy-back rate, which soared from 28.2% in 2008 to 38.3%.

Chace at OBS: It's Time to Buy

Prices were down significantly at the first major auction of the selling season for 2-year-olds in training Feb. 17 in Central Florida. Read what one buyer and several consignors had to say about the market at the Ocala Breeders' Sales Co. February auction.

One Caroline Eyes Bigger Prize in Sabin

One Caroline Eyes Bigger Prize in Sabin

G. Watts Humphrey Jr.'s good-looking filly One Caroline, undefeated in three starts and a runaway winner in optional claiming company last month, dives into stakes competition for the first time when taking on eight fillies and mares in the $100,000 Sabin Stakes (gr. III) Feb. 20 at Gulfstream Park.

OBS 2YO Sellers Hoping for Better Market

After generating a grim series of results for breeding stock and weanlings, the Thoroughbred marketplace switches its focus to racing prospects beginning with the Ocala Breeders' Sales Co. February select sale of 2-year-olds in training in Central Florida. Auction firm officials and consignors are hoping buyers will be more enthusiastic about acquiring young horses nearly ready for competition even though the global economy continues to struggle.

Most Popular Stories