Jerry McMahon discussed his decision to leave Barretts, the health of the Thoroughbred auction business in California, his plans for the future, and other topics with The Blood-Horse Dec. 9.
Barretts Equine Ltd., based at Fairplex Park in Southern California, doesn't have an October mixed sale listed on its 2009 auction schedule. The struggling American economy and downturns in the Thoroughbred marketplace contributed to the decision not to hold the sale, according to Barretts president and general manager Jerry McMahon, who recently announced his resignation from the company.
Jerry McMahon, founding president and general manager of Barretts Equine Limited, is resigning from the Southern California-based auction firm effective Jan. 3, 2009.
There will be one under tack show prior to the Barretts' 2009 March select sale of 2-year-olds in training instead of two as in the past.
A Tapit weanling colt brought a session-topping $60,000 at the second day of the Barretts October mixed sale Oct. 28. Broodmares and weanlings made up most of the sale's second half, which saw 100 horses gross $379,500 and average $3,795.
With no major dispersals in the mix and working against an ailing economy, the two-day 2008 Barretts October mixed sale began Oct. 27 facing an uphill battle. The first day saw 143 horses sell for $536,600, yielding an average of $3,752 that was 69% last year's event.
A day after the stock market dropped more than 700 points, California held its major yearling sale of 2008, making a tough market even more difficult.
Tucked between a weekend of Breeders' Cup prep races and the California Cup showcasing the local product, California's fall select yearling sale offers a slimmer but more select catalog than in years past.
Barretts has cataloged 514 horses for its October mixed sale, which will be held Oct. 27 and 28 at the Hinds Pavilion at Fairplex Park in Southern California.
Barretts officials have canceled the Classic I sale of horses of racing age because of an insufficient number of entries. The auction had been scheduled for Oct. 26 in Southern California following the Breeders' Cup World Championships (Oct. 24 and 25) at Santa Anita Park.
Officials of Barretts, Fasig-Tipton, Keeneland, and the Ocala Breeders' Sales Co. (OBS) announced in early September that they were banding together to make major changes in the under tack shows for their sales of 2-year-olds in training. Beginning in 2009, they said they would strictly regulate the use of whips by riders during workouts and would prohibit the use of front toe grabs on horses.
Officials of Barretts, Fasig-Tipton, Keeneland, and the Ocala Breeders' Sales Co. have agreed to institute major changes relating to the under tack shows for their sales of 2-year-olds in training.
Barretts has cataloged 235 horses for the California fall select yearling sale. Co-sponsored by the California Thoroughbred Breeders Association, the auction will be held Sept. 30 at the Hinds Pavilion located on the grounds of Fairplex Park.
Sales Integrity Program Monitoring Committee will use a survey later this year to determine the effectiveness of the Sales Integrity Task Force's 2007 recommendations.
Phoenix owner Todd Finch bought the sale topper at the Barretts summer sale June 24 as his first venture into Southern California racing. Trainer Anthony Saavedra successfully bid $40,000 on behalf of Finch's Val-U-Chem for Leesider, a 4-year-old son of champion Bertrando.
A pair of juvenile fillies worked a furlong in :10 2/5 and three other fillies went a fifth slower during the preview show June 24 for the following day's Barrett's sale of 2-year-olds in training and horses of racing age.
Barretts, the Southern California-based Thoroughbred auction firm, is on schedule to begin regulating the use of exogenous anabolic steroids in young sale horses beginning with the California yearling auction, which is co-sponsored by the California Thoroughbred Breeders Association.
The Barretts May 2-year-old in training sale saw decreases in the number of horses sold, gross, average, and median price, while the sale topper, a daughter of Harlan's Holiday, brought $700,000 to top the one-day sale.
The prominence of the Barretts May sale of 2-year-olds in training has grown in recent years.
Colts by Gimmeawink and Not For Love each worked an eighth of a mile in :9 4/5 Thursday during the first session for the under tack show for the Barretts May sale of 2-year-olds in training.
The Barretts May 2-Year Olds in Training Sale 2008 Preview Edition Data Digest is a FREE download, presented by TrueNicks! An in-depth preview of the upcoming auction.
Barretts has cataloged 329 horses for its May sale of 2-year-olds in training in Southern California. The auction will be held May 13 at the Hinds Pavlion on the grounds Fairplex Park, beginning at 11 a.m. (PDT).
The Barretts Classic I, a select sale of horses of racing age, is set for Oct. 26.
HorseRacing TV's "Inside Information" show is a biweekly look at the horses, people and places in the Thoroughbred world. This episode features the 10-year anniversary of 1998 Kentucky Derby and Preakness winner Real Quiet; a behind-the-scenes look at the buying and selling of horses at Barrett's; and the relationship between Tokyo City's Keiba Racecourse and Santa Anita Park.
Inside Information features Real Quiet, Barrett's Sale and Tokyo Racecourse.
The 2008 Barretts March select sale of 2-year-olds in training sale saw downturns in key categories, but was topped by an $800,000 daughter of Silver Deputy.
One year after the sale registered positive results in gross, average, and median price, optimism remains the key word going into the March 12 Barretts March select sale of 2-year-olds in training.
A daughter of Forestry turned in the fastest eighth of a mile work March 10 at Fairplex Park during the second and final under tack show for the Barretts March select sale of 2-year-olds in training.
For the third consecutive year, HRTV will provide complete, live on-site coverage of the Barretts sale of selected 2-year-olds in training from Fairplex Park in Pomona, Calif., March 12.
The Barretts March Selected 2YO Sale Preview Edition Data Digest is a FREE download for all subscribers! An in-depth preview of the upcoming auction.
A colt by Lion Heart posted the fastest quarter-mile work during the March 4 preview show for juveniles consigned to the March 12 Barretts Select Sale of 2-Year-Olds. The workouts were conducted at Fairplex Park in Pomona, California.
Barretts has cataloged 190 horses for its March select sale of 2-year-olds in training.
Villa Margurite, an unraced full sister to multiple stakes winner Hugh Hefner, sold for $120,000, the highest price of the Barretts January mixed sale, held Jan. 22-23 at Fairplex Park in Pomona. Offered third from the end of the second session Jan. 23, the 5-year-old daughter of Bertrando was the only six-figure price over the two days.
The Ocala Breeders' Sales Co. is the only major auction firm that will regulate the use of exogenous anabolic steroids in 2-year-olds in training this year.
Barretts has 524 horses for its January mixed sale and will add more.
Cee's Elegance, a grade II winner of over $740,000 in foal to Salt Lake, was purchased by California breeders Pam and Martin Wygod for $140,000 to top the Oct. 30 second and final session of the Barretts Equine October mixed sale in Pomona, Calif.
Stan Fulton's complete dispersal of horses of racing age dominated the first day of the Barretts' fall mixed sale Oct. 29. Five of Fulton's horses brought six figures, four of those surpassing the previous Barretts record of $125,000 for a horse of racing age.
- By Tracy Gantz
Wildfires continued Oct. 23 to threaten homes and horse farms in Southern California, particularly in San Diego County. Scoop Vessels' Vessels Stallion Farm is among the facilities that have taken in evacuated people and horses, even while a new fire has broken out just east of the farm near Bonsall, Calif. Del Mar racetrack has taken in evacuees when the fires, and its barn area was full by Oct. 22, with 2,000 horses and livestock.
- By Ron Mitchell
Despite surrounding property being ravaged by wildfires that have spread throughout Southern California, it was business as usual Monday, Oct. 22, at the Mabee family's Golden Eagle Farm in Ramona, near San Diego.
The number of horses sold, gross revenue, average price, and median price all dropped at the California yearling sale held Oct. 2 at Fairplex Park.
According to Barretts official Jerry McMahon, optimism in California's racing industry could boost the demand for sale yearlings.
It's not yet clear if the other companies that conduct select juvenile auctions are going to follow Fasig-Tipton's lead and have a one-day under-tack show next year.
Three of the most important select sales of 2-year-olds in training will be jammed into a three-week period next year unless auction officials change their minds on the schedules.
There are 318 yearlings in the catalog for the third annual California yearling sale, which will be held Oct. 2.
Records were set for gross sales and average price at Barretts 2007 summer sale, held Tuesday at the Hinds Pavilion at Fairplex in Pomona, Calif.
A colt from the first crop of Sky Mesa worked an eighth of a mile in :10 seconds Monday as the fastest time during the training preview for the 2007 Barretts Summer Sale of Two-Year-Olds in Training and Horses of Racing Age.
Prior Addiction, a son of Sky Mesa who bucked his shins and had to be withdrawn from the Calder selected 2-year-olds in training sale in March, topped the Barretts May sale of 2-year-olds in training at $650,000 May 15.
Two horses tied for the fastest eighth-mile workout during the second and final training preview in the 2007 Barretts May Sale of Two-Year-Olds in Training conducted May 11.
Two track records were set May 10 at the first training preview for the 2007 Barretts May Sale of Two-Year-Olds in Training.
The Barretts May sale of 2-year-olds in training will be broadcast live on HorseRacing TV (HRTV). The auction, which has a catalog of 406 horses, is scheduled for Tuesday, May 15, beginning at 10:30 a.m. (PDT) and will also be streamed live at www.barretts.com.
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