Business surged during the final session of the Fasig-Tipton Eastern fall yearling sale on Wednesday. But the rally wasn't enough to overcome the downward trend that had prevailed during the first two days of the Maryland auction. The overall figures for number sold, gross revenue, average price, and median price all were down from last year's figures.
A smaller catalogue led to a lower gross, but the major indicators were positive for Barretts at its October yearling sale. Held Oct. 2, the auction showed significant gains in average and median.
An End Sweep --She's My Choice filly was bought by Jan, Mace, and Samantha Siegel for $180,000 as the Fasig-Tipton Midlantic Eastern fall yearling sale continued Wednesday.
The 2001 Tattersalls Houghton Yearling Sale in Great Britain got off to a good start Tuesday night when two horses sold for more than a million guineas. Average for the first day was 254,937 guineas ($391,000), up a bit from last year, while the median of 170,000 guineas ($242,000) was up 31% on last year's corresponding session. Overall, 32 lots were sold for 8,158,000 guineas ($12.5 million).
The Krispy Kreme doughnuts are still hot and tasty. And the crab cakes at Michael's are still some of the best around. But business has changed at the Fasig-Tipton Midlantic Eastern fall yearling sale. The three-day auction in Timonium, Md., got off to shaky start on Monday, with the gross, average, and median all suffering big hits.
Mexican Thoroughbred buyers spent nearly $1 million at the Keeneland September yearling sale that ended Sept. 22, the Kentucky Department of Agriculture reported Monday.
Records for gross revenues and average price were established during the the Australian "breeze-up" sale of 2-year-olds conducted by William Inglis & Son on Friday. In addition, 19 horses sold for prices of $100,000 (Australian) or more.
Keeneland's September yearling sale ended on Sunday with an average price that was almost even with last year's record figure. But the number sold and the gross revenue declined significantly from the all-time highs established in 2000.
A colt by multiple grade I winner Marlin brought $37,000 Saturday to top the next-to-last session of the Keeneland September yearling dale. The colt, out of You Tell Me, was purchased by Richard Matlow as agent and was consigned by Brereton C. Jones' Airdrie Stud, also acting as agent.
Keeneland announced Friday it will catalog 4,116 lots -- 4,115 horses and one stallion share -- for the upcoming November Breeding Stock Sale. Last year Keeneland cataloged 5,111 lots. The decrease for this year is due to the mare reproductive loss syndrome that struck Kentucky farms last winter/spring.
A bay colt by Mr. Greeley brought a top price of $90,000 at Thursday's session of Keeneland's September Yearling Sale.
With Sheikh Mohammed leading the way, Keeneland Thursday announced a sizeable amount in its fund for the victims of last week's terrorist attacks.
Despite last week's terrorist attacks and concerns about the U.S. economy that caused a huge drop in the stock market Monday, the average and median prices for this year's Keeneland September Yearling Sale continues to outpace the banner auction in 2000.
With more horses cataloged than originally planned for, Keeneland enters new territory with its inaugural October yearling sale today. In all, 644 lots are scheduled to be offered during the auction, which concludes Tuesday.
A colt from the first crop of Elusive Quality topped Sunday's session of the Keeneland yearling sale, selling for $300,000 to Bob Baffert, acting as an agent.
A Maria's Mon colt produced from Madeira M'dear (by Black Tie Affair) brought a top bid of $575,000 to top Friday's fourth session of the Keeneland September Yearling Sale. The colt, sired by the same sire of this year's Kentucky Derby winner Monarchos, was consigned by Michael T. Barnett's Blackburn Farm, as agent.
Keeneland will begin posting on its Website Saturday afternoon some of the yearlings available through its Internet RNA auction. Online bidding begins at 9 a.m. Sept. 26 and the closes horse-by-horse at five minute intervals by hip number starting at 2 p.m. on Sept. 27.
The North American yearling market continued to show strength Thursday as three colts brought final bids in excess of seven figures during the third session of Keeneland's September Yearling Sale. The day's average price rose 21.3% over the comparable session one year ago.
Opportunities were there at the Fasig-Tipton Texas yearling sale at Lone Star Park. Overall gross revenues, as well as the sale average and median prices increased during the two-day sale.
Top Prices (2nd Session), Top Sires, Consignors, Buyers (First 2 Sessions)
Top Prices (2nd Session), Top Sires, Consignors, Buyers (First 2 Sessions)
Wednesday began with a lot of questions for the Keeneland Association, mostly surrounding what effect the terrorist attacks in New York City and Washington, D.C. on Tuesday would have on resumption of the September Yearling Sale. By the end of the day, the sales company in Lexington, Ky. had gotten affirmation that the right decision had been made. There was competitive bidding between buyers from North America, Europe, and Middle Eastern countries during the session, which was highlighted by a Storm Cat colt sold for $6.4 million.
As Keeneland resumed its September Yearling Sale on Wednesday after a one-day postponement, the sales company announced establishment of a relief fund to assist those impacted by events in New York City and Washington, D.C.
Due to the plane attacks on the World Trade Center in New York, and reports of possible terrorist acts in Washington, D.C., the Keeneland Association postponed the Tuesday session of its September yearling sale and rescheduled it for Wednesday.
Powered by big-spending Maktoum family from Dubai, the Keeneland September yearling sale blasted off like a rocket on Sept. 10. The first of the auction's two select sessions established opening day records for average price and median. In addition, the second-most-expensive horse in the auction's history, a $5.5- million Storm Cat colt, was sold.
When the Keeneland September yearling sale starts its 13-day run on Monday, everyone will be anxious to see what effect the struggling American stock market and economic woes overseas will have on the largest auction for young Thoroughbreds in the world.
Because of September's large size and the diversity of its offerings, the Central Kentucky auction is the best barometer of the yearling market's health in North America.
Gross revenue and average price declined significantly at the Canadian Breeders Sales' select yearling auction at Woodbine on Tuesday. Colts by Sultry Song and Tale of the Cat brought $150,000 apiece to top the auction. (All figures involving money in this story are reported in Canadian dollars.)
A colt by Fit to Fight brought the top price of $105,000 at Washington Thoroughbred Breeders Association's summer yearling sale. The auction was held on Tuesday at the Morris J. Alhadeff Sales Pavilion at Emerald Downs.
Tuesday's final session of the two-day Texas summer yearling sale registered solid gains over last year's numbers, contributing to a negligible increase in cumulative revenue and a 7.8% rise in average for the entire sale.
With its marathon September yearling sale around the corner, Keeneland Association has announced changes in its Internet auction system.
A sharp rise in buybacks tempered a minimal increase in prices during the select portion of the opening day of the Texas summer yearling sale at Lone Star Park on Monday.
The average price didn't change much from a year ago, but the gross revenue and the median price were down significantly during the open portion of the Ocala Breeders' Sales Company's August yearling sale, which ended Friday in Central Florida after a four-day run. For all the open sessions combined, 686 horses were sold for a gross of $6,447,400, an average of $9,399, and a median of $5,000. The gross, average, and median were down by 13.2%, 2.5%, and 16.7% from a year ago when 771 yearlings were sold. The buy-back rate was 29.2%, up slightly from last year's rate of 28.1%.
A colt by End Sweep sold for $95,000 on Thursday to top the third open session of the Ocala Breeders' Sales Company's August yearling sale. Marion G. Montanari bought the bay colt out of the 8-year-old winning Smile mare Susie Smile, who is a half-sister to stakes winner Lady Summerhill (by Bold Ruckus). The colt was consigned by Cloverleaf Farms II, as agent.
A dramatic pinhooking score with a colt that sold for only $1,500 as a weanling was the highlight of the third day of the Ocala Breeders' Sales Company's August yearling auction. The son of Candy Stripes brought $170,000 to top Wednesday's open session.
A Diligence filly sold for $85,000 Tuesday to top the first open session of the Ocala Breeders' Sales Company's August yearling sale. New Jersey bloodstock agent Buzz Chace purchased the Florida-bred filly for William Lickle, a prominent owner of steeplechase horses. Lickle, according to Chace, is becoming increasingly interested in flat racing.
A colt by North America's leading first crop sire, Valid Expectations, brought the top price of $305,000 Monday during the select session of the Ocala Breeders' Sales Company's August yearling sale. Consigned by Kelli Mitchell for his breeders, Leland and Robert Ackerley, the colt was purchased by Satish and Anne Sanan's Padua Stables. The Sanans' daughter, Nadia, signed the ticket.
The annual Del Mar yearling sale set a record average price of $43,663 this week. The two-day sale at the Del Mar HorsePark sold 104 horses for a total $4,541,000. Monday's session was responsible for elevating the average price. Seven horses sold for $100,000 or more compared to five during last year's entire sale. Tuesday session was weaker overall, but still an improvement over last year's second session.
Seven horses sold for more than $100,000 during Monday's opening session of the two-day Del Mar yearling sale. Last year, five horses sold in this price range for the entire sale. The average price for the first session was $52,918, far above the sale's record average price of $36,798 set in 1999.
Business didn't boom at the Saratoga preferred yearling sale Sunday night. But there was enough buyer enthusiasm to generate small increases in the New York auction's gross revenue and average price.
As the first horse entered the ring for the final session of the Fasig-Tipton Saratoga yearling sale Thursday evening, the power went out. Auxiliary generators quickly restored the blacked-out conditions to the sales pavilion, but it was four big-priced horses in the ring as the evening progressed that knocked the lights out of all previous sale records for gross and average.
Fasig-Tipton's Saratoga yearling sale is on pace to break last year's all-time record average price of $305,847, defying the conventional wisdom that many observers took into this year's start of the yearling sale season in July. Wednesday's numbers were up 70% from the second night session's gross in 2000, the average was up 56%, and the median 29%.
If you look hard enough you can probably see a set of footprints embedded in the ground outside Barn 5 North at Fasig-Tipton's Saratoga sale complex. Those footprints belong to Bertram Linder, who for 43 consecutive years pounded his beat in front of that barn, selling not only yearlings, but a part of his very being.
The good times rolled at Saratoga Tuesday night, with prices during the opening session of the Fasig-Tipton select yearling sale exceeding last year's figures by significant amounts.
The nation's economy may be on the skids, but the mood in the Thoroughbred marketplace is upbeat. After stronger than expected results at Kentucky's July auctions, the action moves to Saratoga, where Fasig-Tipton will conduct the 81st edition of its select yearling sale beginning Tuesday night.
Arthur B. Hancock III's Stone Farm will offer its first consignment ever at Fasig-Tipton's Saratoga select yearling sale, which is scheduled to begin on Aug. 7 . It will be only the second time that a farm owned by the Hancock family has consigned horses to the auction since the early 1940s.
Keeneland has announced it will catalog 4,483 horses for its 13-day September Yearling Sale. That total includes 2,372 colts, 2,110 fillies, and one gelding.
Most Popular Stories
- Rodenticide Linked to Six Sudden Horse Deaths
- Disco Rico Euthanized After Laminitis Battle
- Horsemen, Suffolk Downs Continue Discussion
- Trainer Wells Pleads Guilty to Rigging Races
- Durkin to Receive Eclipse Award of Merit
- Baffert Seeks 7th Futurity Win with Dortmund
- Tax Break on Racehorses Passes Congress
- Slideshow: 2014 Farewells
- Attorney: NYTHA Protest Plan Not Objective
- Red Pollard Seabiscuit Saddle to be Auctioned