Fasig-Tipton's Saratoga yearling sale rebounded big time in 2003. All of the major indices for the three-day venue saw marked advances over last year's down sale and returned to the general numbers seen in 2000.
Robert and Beverly Lewis, two of the biggest spenders in the Thoroughbred marketplace, will not be buying any yearlings this year at public auction.
Business continued its upswing Wednesday night during the second of three sessions at Fasig-Tipton's Saratoga yearling sale, with strong gains in gross receipts and average and a modest gain in the median price.
For the first time, horsemen can take a sneak peek at the horses cataloged for the Ocala Breeders' Sales Company's 2003 Selected August Yearling Sale through a visit to the OBS Web site.
It was a rainy night in upstate New York, but the mood was far from gloomy during the opening session of the Fasig-Tipton Saratoga select yearling sale Tuesday.
It didn't take long for the Fasig-Tipton Saratoga yearling sale to hit with a seven-figure yearling. Despite a steady rain outside, the bidding began with spirit in the Humphrey S. Finney pavilion, with a $1.1 million bid for Hip No. 13, a daughter of Storm Cat, out of champion older filly Jewel Princess.
The bidding could get hot early during the Fasig-Tipton Saratoga select yearling sale, which opens Tuesday night in New York.
Will the top of the yearling market rebound from last year's major adjustment downward or will it suffer more setbacks? We'll start getting some answers Tuesday when the Fasig-Tipton Saratoga select yearling sale opens its three-night run in New York.
Two years ago, the Seattle Slew colt Vindication brought $2.15 million at the Fasig-Tipton Saratoga select yearling sale. He went on to win the 2002 Breeders' Cup Juvenile (gr. I) and earn an Eclipse Award. This year, his half-brother by A.P. Indy is one of 212 horses catalogued for the Saratoga auction, which begins Tuesday night at 8 p.m. (EDT) in New York.
American Mud, a yearling colt by the Strawberry Road stallion Mud Route, brought the top price of $7,750 at the Idaho Thoroughbred Association (ITA) mixed sale on July 25.
Here's what some buyers and consignors thought about the progeny of first-crop sires that were offered at the Fasig-Tipton Kentucky July select yearling sale.
Here are some more opinions from buyers and consignors about the market at the Fasig-Tipton Kentucky July select yearling sale.
A chestnut daughter of Mr. Greeley who was one of the last horses through the ring during Thursday's Fasig-Tipton Kentucky July yearling sale in Lexington, Ky. ended up bringing the session's top price of $500,000.
Observations from those involved with the Fasig-Tipton Kentucky summer yearling sale.
Fasig-Kentucky's July yearling sale experienced downturns in its two-day run that ended Thursday in Lexington. But auction company officials were satisfied with the results.
Sellers want to reduce the number of under tack shows prior to juvenile auctions, based on a survey conducted by the National Association of 2-Year-Old Consignors.
The Fasig-Tipton Kentucky July yearling auction produced an $800,000 filly Wednesday during its opening session in Lexington, surpassing last year's highest price of $700,000.
The summer yearling sale season kicked off Wednesday with the Fasig-Tipton sale in Lexington, Ky. Buyers, sellers, and sales company officials offered the following observations.
A filly sired by Kentucky Derby winner Fusaichi Pegasus and produced from the Peruvian champion La Chaposa was purchased by Stan Fulton's Fleetwood/New Wave for $800,000 as the top-priced offering at Wednesday's Fasig-Tipton Kentucky summer yearling sale.
With the cancellation of the Keeneland July sale, the Fasig-Tipton auction moved into the leadoff position on the Kentucky yearling selling calendar. As potential buyers looked over the offerings, company officials and consignors expressed hope for a strong sale.
Steve Cauthen, the only jockey to be a champion on both sides of the Atlantic, is returning to Britain later this month to attend the Goodwood meeting to mark a new sponsorship of one of the festival's major races. He will present the winner's trophy following the Four Star Sales Richmond Stakes, a group II contest for 2-year-olds run on the opening day of the meeting, July 29.
At $100,000, he was the least expensive Seattle Slew weanling sold at public auction last year. But this year, he's among the horses generating the biggest buzz at the Fasig-Tipton Kentucky July yearling sale, which starts Wednesday in Lexington.
Many people thought that Keeneland September catalogue would be down significantly in size because of mare reproductive loss syndrome (MRLS). But the number is very close to last year's figure.
The Ocala Breeders' Sales Company has catalogued 1,276 horses for its yearling sale that will be conducted Aug. 18-21 in Central Florida.
The Tattersalls July mixed auction ended with a flourish Thursday in England when Italian group III winner Clifden shattered a sale record for a 2-year-old with his price of 170,000 guineas (approximately $292,526).
Littleton Arwen, who finished second in this year's Betfair.com Eternal Stakes, sold for 110,000 guineas (approximately $179,971) Wednesday to top the second day of the Tattersalls July sale in England.
A 2-year-old filly from the first crop of Exploit sold for $75,000 Tuesday to top the Fasig-Tipton Midlantic July sale of 2-year-olds in training and older horses of racing age at Timonium in Maryland. Bradley Thoroughbred Brokerage purchased her from Danzel Brendemuehl's Classic Bloodstock, agent.
The Tattersalls July auction opened in strong fashion Tuesday in England.
The second day of the Japanese Racing Horse Association select foal sale lacked the glitter of the first, but was still a success, helping produce a record gross for the auction.
Gross revenue reached a record high of ¥3.792 billion ($32,081,218) Monday, the first day of the two-day Japan Racing Horse Association Select Sale held on Japan's northern island of Hokkaido.
Buyers and consignors say they will miss the Keeneland July select yearling sale.
Mogok, an unraced 3-year-old son of Storm Cat, topped the Goffs France summer sale on July 3 , bringing a bid of 135,000 euros ($155,858 in U.S. funds) from the Kern Lillingston bloodstock agency.
A colt from the final crop of North American Horse of the Year and Japan's perennial leading sire Sunday Silence brought the top price of 330 million yen ($2,791,878) Monday during the first session of the Japan Racing Horse Association's foal sale.
In a new promotional effort, Keeneland will publish a preview catalogue for its September yearling sale, which is the largest Thoroughbred auction of its kind in the world.
The Australian sale company William Inglis & Son will offer a new Aus$1 million ($667,120 in U.S. funds) race for 2-year-olds in the fall of 2005 at Melbourne.
The California Thoroughbred Breeders Association has catalogued 159 horses for its Del Mar yearling sale, which will be held Aug. 10 and 11 in Southern California.
Liberty Rose, a stakes-winning daughter of Royal Academy, brought Aus$155,000 ($102,911 in U.S. funds) Wednesday to top the final session of William Inglis & Son's June weanling and Thoroughbred sale at Oaklands in Australia.
Cab Driver, a Runaway Groom colt consigned by Paul Sharp, Agent was purchased by Buzz Chace, Agent for $150,000 to top the second and final session Wednesday of the Ocala Breeders' Sales Company June Sale of Two-Year-Olds in Training and Horses of Racing Age.
A Cherokee Run filly whose quarter-mile breeze in :21 1/5 June 14 was the fastest at the distance, went to Arosa Farms for $270,000 to top the June 17 opening session of the Ocala Breeders' Sales Co. 2003 June sale of 2-year-olds in training and horses of racing age.
The Ocala Breeders' Sales Company's 2003 June Sale of 2-Year-Olds in Training and Horses of Racing Age gets underway Tuesday.
Klaus Jacobs' English-based Newsells Park Stud, which has assembled an 85-strong broodmare band in just three years, has unveiled its draft of yearlings to be offered this year at the major northern hemisphere auctions, including four at Saratoga and eight at Keeneland September.
Chapel Royal showed the brilliance that may help him earn back his record purchase price, the $1.2 million juvenile easily winning the Flash Stakes (gr. III) at Belmont Park Friday over just three opponents.
The Japan Racing Horse Association has catalogued 302 Japanese-bred foals for its select sale on July 7 and 8 at the Northern Horse Park on Hokkaido.
Identifying mare reproductive loss syndrome as the culprit, Fasig-Tipton officials said the company would catalogue significantly fewer yearlings this year for its Kentucky select sale. However, the number for the Saratoga select auction will be about the same as in 2002.
Vin Cox, who recently established his own bloodstock agency following a longtime association with William Inglis and Son Ltd, will represent Keeneland in Australasia.
The National Association of 2-Year-Old Consignors (NATC) has sent a survey to more than 300 juvenile sellers in an effort to determine if there is support for a change in format for under tack shows.
A construction project for a covered walking ring is underway at the Ocala Breeders Sales Company in central Florida. A planned timetable for the new addition would have the basic structure in place, and roofed, for the June 2-year-old sale with the project being completed prior to their yearling sale in mid-August.
The results weren't all positive, but Fasig-Tipton Midlantic's executive vice president, Mason Grasty, expressed satisfaction with the performance of the May sale of 2-year-olds in training that ended its two-day run Tuesday in Maryland.
The dispersal of breeding stock owned by Jim O'Connor's Milluna Stud was held yesterday at One Tree Hill in South Australia. It was conducted by William Inglis & Son.
Fasig-Tipton is sprucing up its Newtown Paddocks sales facility in Lexington.
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