Quotes from consignors, buyers, and sales company officials at the 2001 Keeneland July Selected Yearling sale
Reports of the death of the Keeneland July auction were premature; sale records highest average in its history
Uncertainty tinged with optimism permeated the Fasig-Tipton sale pavilion when the company's Kentucky select yearling sale began July 18.
Add Payson Stud to the list of farms consigning yearlings to the upcoming Fasig-Tipton New York Select yearling sale at Saratoga, as well as the Keeneland September and the October Fasig-Tipton yearling sale.
Fasig-Tipton Kentucky's selected yearling sale offered enough quality to keep buyers on the grounds until the very last hip. As a result, the sale average climbed 25.5% to $97,671 and the median jumped 27% to $71,000.
A $400,000 Saint Ballado colt is leading the Thursday session of Fasig-Tipton Kentucky's selected yearling sale. The session's top selling filly is a $300,000 daughter of Gulch.
Irish farm owner Paul Collins paid $625,000 for the top selling colt in Fasig-Tipton Kentucky's selected yearling sale in Lexington, Ky. The sale began strong with the average price jumping 34% to $97,402 compared with the opening session of 2000.
With the 2001 Keeneland summer sale in the history books, the yearling auction scene shifts cross-town today to Fasig-Tipton Kentucky, which has cataloged 427 yearlings for its Selected Summer Yearling Sale.
While only two of the six yearlings from the late Mr. Prospector's final crop of foals exceeded their reserve price, the two that did sell on Tuesday night in the final session of the Keeneland July select yearling sale pushed the legendary sire over the $200-million mark in career revenue for yearlings sold at public auction. With $5,500,000 in receipts at this year's July sale, the son of Raise a Native now has $202,884,728 in lifetime yearling sale revenue.
He was shut out on several big lots early at the second session of the Keeneland July sale Tuesday, but Reynolds Bell, bidding for Jayeff B Stable, got the one he really wanted, a Seeking the Gold filly named Scene Seeker. Bell actually dropped out of the bidding, but then jumped back in and secured the filly for $3.7 million.
For more than three hours Monday night, the Keeneland July yearling sale was beamed into the homes of people who can access the TV Games Network either on cable television or by satellite dish. It was somewhat of a breakthrough for the auction end of the business, which generally gets little exposure away from sale pavilions.
Taylor Made Farm stallion Saint Ballado sired the $4-million session topper on the Monday night opener to the Keeneland July select yearling sale, but Three Chimneys Farm's venerable Triple Crown winner Seattle Slew was leading sire by average on the evening, with two colts selling for an average price of $1,925,000.
A son of Saint Ballado brought a top price of $4-million during Monday's first session of the Keeneland July selected yearling sale in Lexington, Ky.
Walt Robertson does the two-step, as Fasig-Tipton president and auctioneer
Crooked legs may look cute on awkward newborn foals, but they are liabilities in the auction ring, where yearlings with the best conformation often attract the highest prices.
There won't be a bell signifying the opening round in the battle to acquire one of Mr. Prospector's last yearlings, but that doesn't mean buyers won't be ready to rumble when it comes time to bid on them.
The Keeneland and Fasig-Tipton Kentucky summer yearling sales will be broadcast live over the Internet. In addition, the TVG Network will have live coverage of the Keeneland sale and bloodhorse.com will have live interactive coverage with prices and buyes posted as each sale progresses.
The Blood-Horse, Inc., has introduced a new auction catalog supplement, Auction Edge, beginning with the Keeneland and Fasig-Tipton Kentucky summer yearling sales. In addition, bloodhorse.com has expanded its live, interactive, hip-by-hip Internet coverage to also include the FTK auction.
The Tattersalls July Sale closed Thursday with record amounts paid for a colt or gelding in training and with a total increase over last year's sale figures. Final numbers increased 9% over last year to total 2,742,800 guineas for the three-day sale. The average price was 9,973 guineas, while the median totaled 5,500 guineas.
Until TVG's show "The Sales" aired on July 1, the best way for a buyer to prepare for a sale without visiting the farms selling yearlings was to sit down with a sales catalogue and a sales supplement. This all changed with TVG's new program, a preview of the Keeneland July 2001 selected yearling sale. It highlights the yearlings offered at this sale like no advertisement or pedigree page could ever do.
Robert and Beverly Lewis have shifted the focus of their breeding program from selling to racing this year. As a result, they recently scratched both of their entries to the Keeneland July select yearling sale: a Deputy Minister--Serena's Song colt and a Gone West--Storm Beauty filly. The Lewises also will retain most of the yearlings that they planned to offer at the Keeneland September sale.
Capricha, a half-sister to grade III winner Aly's Alley, brought the top price of $240,000 at the Fasig-Tipton Midlantic sale of 2-year-olds in training and older horses of racing age on Tuesday in Timonium, Md. Produced from the unraced Alydar mare Aly Capri, the Pleasant Colony filly was purchased by Eaglestone Farm from Bill Reightler, agent.
More horses were sold at the Japan Racing Horse Association's select foal sale than ever before. But the gross revenue suffered a setback, and the average price fell to its lowest level in the auction's four-year history.
A Sunday Silence colt produced from 1996 Yerba Buena Handicap (gr. IIIT) winner Fanjica sold for ¥150 million ($1,190,476) to top the first session of the Japan Racing Horse Association's select foal sale on Monday. Consigned by Shadai Farm, the colt was purchased by Hiroyoshi Usuda.
A recent court victory by leading Hong Kong owner and trainer Ivan Allan in England probably will not have ramifications for sale companies in this country, according to officials for Keeneland and Fasig-Tipton.
Consignors who represent the majority of yearlings catalogued to the Keeneland July select sale have agreed to have ultrasound examinations conducted on their horses to confirm the absence of pericarditis.
As expected, Keeneland announced several key personnel moves Friday. Rogers Beasley, longtime director of the largest equine sale company in the world, will become director of racing, a newly created position. The position will help ease the work load of racing secretary Howard Battle, who has been battling health problems. Battle will still oversee the racing office.
From a preview show to the sale itself, TVG will offer live coverage and analysis of the 2001 Keeneland July Selected Yearling Sale. Caton Bredar will report on all events from the Keeneland Sales Pavilion with hosts Todd Schrupp and Frank Lyons in the Los Angeles studio. The live sale broadcast will run July 16-17 from 7-10 p.m. EDT.
Racing and breeding news and information
Frank Calabrese and a 2-year-old colt by Victory Speech combined to top Saturday's Illinois sale. Calabrese paid $100,000 for hip #25 at the June 23 Illinois Thoroughbred Breeders and Owners Foundation sale at Arlington Park.
The Ocala Breeders' Sales Company's June 2-year-olds in training sale concluded Wednesday with increases in overall gross and average price.
Boreen, a gelding by Montbrook consigned by Ocala Stud Farms, brought $105,000 to top the opening session of the Ocala Breeders' Sales Company's June Sale Tuesday, the sale company reported. Choctaw Racing bought Boreen, a half-brother to stakes winner Backatem and graded stakes placed Throwthebookatem. His quarter mile in :21 2/5 was the fastest work of Saturday's under tack show. He is out of the Deputy Minister mare Deputy's Mistress.
A colt by Our Emblem posted the fastest quarter mile breeze, stopping the timer in :21 1/5 on Sunday, during this past weekend's Under Tack Shows in preparation for the Ocala Breeders' Sales Company's 2001 June Sale of Two-Year-Olds in Training and Horses of Racing Age sale.
Petrushka, the 2000 champion 3-year-old filly in England and Ireland, has been retired after suffering a strain to her right fore tendon while finishing fifth in the Vodafone Coronation Cup (Eng-I) at Epsom last Friday, June 8.
It didn't matter if you were selling high-powered select horses or more modest stock. The market for 2-year-olds in training lacked vigor at all levels in 2001 compared to the previous year.
This year, the financial results were mixed for pinhookers at the five major select juvenile auctions.
Uncertainty stemming from mare reproductive loss syndrome, and the subsequent moratorium on prospective foal insurance that has been in effect since early May, are expected to impact the no-guarantee stallion-season market in 2002.
A Phone Trick colt named Embattle sold for $110,000 (all figures in Canadian funds; $71,659 U.S.) to top the Canadian Thoroughbred Horse Society's 2-year-olds in training sale Tuesday night at Woodbine. The sale had an extremely high number of buy backs.
Sophisticat, a Storm Cat filly sold last year for $3.4 million, broke her maiden Monday at Naas in Ireland. The juvenile filly is by Storm Cat out of champion Serena's Song.
Keeneland's September yearling sale is the largest auction of its kind in the world. But it will be a bit smaller this year.
Breaking records had become routine for the Fasig-Tipton Midlantic juvenile sale. Its gross revenue peaked in 1998, and the average and median soared to all-time highs in 2000.
Led by a Sea Hero mare in foal to End Sweep, the Australian Broodmare Sale conducted by the William Inglis & Company ended Monday with a 17% increase in average price.
Keeneland's July yearling sale will have its smallest catalogue ever this year. Only 164 horses will be offered during the elite Kentucky auction, which has decreased in size for four consecutive years. The total represents a drop of 21.1% from 2000, when 208 horses were catalogued. In comparison, the decline in numbers between 1999 and 2000 was only 3.7%.
Keeneland is exploring ways to deal with sale horses whose health might have been compromised by pericarditis and other problems linked to mare reproductive loss syndrome.
The Fasig-Tipton Midlantic sale of 2-year-olds in training ended its two-day stand on Tuesday in Timonium, Md., with mixed results. On the positive side, the number sold and gross revenue both increased while the buy-back rate declined. The average price, however, suffered a moderate setback, and the median price fell significantly.
Boston Twist, a filly from the first crop of Boston Harbor, brought the top price of $190,000 Monday during the first session of the Fasig-Tipton Midlantic sale of 2-year-olds in training in Timonium, Md. Consigned by Leprechaun Racing, she was purchased by Ciaran Dunne, agent for William Schettine.
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