Falling prices at boutique sales in France and Saratoga suggest the prices for fancy horses in Keeneland's select sessions will be more vulnerable this year.
Zayat Stables has retired grade III winner Heart Ashley, who will be offered as a broodmare prospect during the Keeneland November Breeding Stock sale.
Co-breeder Helen K. Groves purchases the bay yearling, buying out her daughters.
The Feb. 3 Chapter 11 bankruptcy filing by Zayat Stables shows that Keeneland sales company, a handful of trainers across the country, and breeding farms are among the creditors of Ahmed Zayat's racing operation.
Fox Hill Farm's Winslow Homer, winner of the Holy Bull Stakes (gr. III), has been sidelined with a stress fracture.
Lee Eaton, the co-breeder of Kentucky Derby (gr. I) winner Bold Forbes, died Dec. 10 at his residence in Ft. Lauderdale, Fla. Eaton, 76, died of natural causes.
A globally diverse group of buyers, robust trade, and the highly prized pedigrees available through the Overbrook Farm dispersal combined to produce promising results at Keeneland's November Breeding Stock Sale, which concluded Nov. 22.
Two Empire Maker fillies -- Clear Sailing and Passiflora -- commanded the highest prices during the Nov. 17 session of Keeneland's November breeding stock sale.
The numbers weren't dramatically different from a year ago during the third session of the Keeneland November breeding stock sale, and that was good news for the Central Kentucky auction, which had experienced major declines.
Cotton Blossom, winner of the 2007 Acorn Stakes (gr. I), became the most expensive horse sold so far at the Keeneland November breeding stock sale when she brought $2.3 million during the auction's second session Nov. 11 in Lexington.
Summer Raven, winner of the 2004 Tempted Stakes (gr. III) and in foal to Unbridled's Song, became the first horse to bring seven figures Nov. 11 during the second session of the Keeneland November breeding stock auction in Lexington. Offered around noon (EST), she sold for $1.7 million to Kentucky bloodstock agent Reynolds Bell.
Mary Delaney, winner of the 2007 Vinery Madison Stakes (gr. II) at Keeneland, kicked off the Overbrook Farm dispersal at the Keeneland November breeding stock auction in Lexington by selling for $850,000. She was the second horse in the sale ring during the auction's second session Nov. 11. Kentucky bloodstock agent Reynolds Bell purchased her from Eaton Sales' consignment.
An Unbridled's Song colt brought $185,000 to top the ninth session of the struggling Keeneland September yearling sale. While the number of horses sold Sept. 23 in Lexington rose 5.6% from a year ago, the gross revenue declined 26.2%. The average price dropped 30.1%, and the median price plunged 40%. The buy-back rate fell from 24.6% in 2008 to 19.3% this year.
A muscular bay son of first-crop sire and champion Bernardini became the first horse to command seven figures Aug. 10 during the opening session of the Fasig-Tipton Saratoga select yearling auction, bringing $1.2 million from Sheikh Mohammed.
Keeneland has reduced its sales commission on horses that fail to meet their reserves to 2.5%. The rate will be in effect for this year's September yearling and November breeding stock sales and the 2010 January horses of all ages sale.
A Street Cry yearling filly was the only horse to bring a six-figure amount as the gross revenue, average price, and median price dropped dramatically for the fourth consecutive day at the Keeneland January horses of all ages sale in Lexington.
The Keeneland January horses of all ages sale continued its scary downward spiral during the second session of its six-day run in Lexington. The gross revenue Jan. 13 dropped 66.2% from a year ago while the average price fell 61.6%. The median price plunged 55.8% while the number of horses sold was down least of all, 12.1%.
Effective Jan. 1, Arthur "Archie" St. George will become a partner in Eaton Sales, one of the world's leading Thoroughbred auction consignors.
Keeneland's November sale continued its downward trends Nov. 12, but was bouyed by the weanling market as an Indian Charlie weanling colt topped the session.
Stockplace paid highest price of $290,000 Nov. 8 for a colt by Medaglia d'Oro during the Keeneland November Breeding Stock Sale.
Day two of the 2008 Keeneland November breeding stock sale Nov. 4 closed with downturns in gross, average, and median.
Trainer Patrick Biancone went to $1.8 million to acquire grade III winner Baroness Thatcher during the late portion of day two of the 2008 Keeneland November breeding stock sale Nov. 4 at the Central Kentucky auction house.
On the heels of Better Than Honour selling for $14 million, a bay filly out of her daughter, Teeming, sold to Reiley McDonald of Eaton Sales for $1.475 million late in the opening session of the 2008 Keeneland November breeding stock sale Nov. 3.
Consignors are steeling themselves and their clients for a significant downturn in the market at Keeneland's breeding stock sale, which starts Nov. 3 in Lexington and runs for 15 days. But they also are hoping that the drop in prices will bring out the bargain hunters, who could help reduce the severity of the setbacks, which seem inevitable during the current global financial crisis and Thoroughbred auction slump.
Following his business plan, Ahmed Zayat of Zayat Stables will offer more than 70 horses, including grade III winner Baroness Thatcher, during the 2008 Keeneland November breeding stock sale, which begins Nov. 3. Eaton Sales will consign the horses, which will include racing, broodmare, and stallion prospects, as well as a few weanlings.
Zayat Stables has 90 horses cataloged in Eaton Sales' consignment for the Keeneland November breeding stock sale. They include 2007 Santa Ysabel Stakes (gr. III) winner Baroness Thatcher and Premium Wine, who scored in the 2007 Gallant Bob Handicap at Philadelphia Park and finished third in the 2008 Carter Handicap (gr. I) at Aqueduct.
The Keeneland September yearling sale closed out its 15-session run in Lexington with downturns in every key business figure and gross revenue that fell short of last year's total by a whopping $57,019,500. But even though the setbacks were significant, many participants in the auction were pleased by its performance at a time when the nation is reeling from a financial meltdown and there are growing economic woes abroad.
Zayat Stables paid $500,000 for a colt by Medaglia d'Oro to top the Sept. 13 session of Keeneland's September Yearling Sale. Consigned by Eaton Sales, agent, the colt is out of the unraced Clever Trick mare Game Trick, and from the family of champion sprinter and sire Langfuhr.
Mr. Greeley offspring are among yearlings that buyers and consignors believe could sell well.
Gross revenue climbed at Keeneland during the second session of the November breeding stock sale while the mare Island Sand sold for $4.2 million.
A son of Storm Cat will be the first horse in the sale ring during Tuesday's second session of the Fasig-Tipton Saratoga select yearling auction.
Keeneland sets world record by cataloging 5,553 horses for its September yearling sale.
Robert C. Tanklage and Wesley Ward's One Hot Wish, a 2-year-old filly who posted a world record time of :48.87 for 4 1/2 furlongs in her career racing debut at Keeneland Thursday, will be offered during Keeneland's April juvenile auction Tuesday.
- By Ryan Conley
Attorneys for James McIngvale have asked a Texas judge to drop Kentucky-based agency Eaton Sales from the list of named defendants in the horse owner's fraud lawsuit.
- By Ryan Conley
Racehorse owner James McIngvale has expanded his high-profile lawsuit against three horsemen to include several consignors allegedly involved in claimed fraudulent public auction transactions.
Grade I winner Downthedustyroad brought $1.5 million to top the fourth session of the 2007 Keeneland January horses of all ages sale Jan. 11. For the session, the Central Kentucky auction house registered across the board gains, while the cumulative numbers took a small dip.
Keeneland's January horses of all ages sale, which begins Monday in Lexington, will be bigger than ever before. The auction's total of 2,933 lots exceeds by 425 the former January record of 2,508, set last year.
Bidding was hot during the Fasig-Tipton Kentucky November select mixed sale Nov. 5 in Lexington.
Summerly, front-running winner of the 131st Kentucky Oaks (gr. I), will be consigned by Eaton Sales to the Fasig-Tipton November Selected Mixed Sale Nov. 5 in Lexington.
Gaines-Gentry Thoroughbreds has purchased a minority interest in Eaton Sales. The 2006 Gaines-Gentry yearlings will be sold by Eaton Sales at the Fasig-Tipton Kentucky July, Fasig-Tipton Saratoga, and Keeneland September sales.
- By Ray Paulick
Airdrie Stud owner Brereton C. Jones said he paid consulting fees and commissions of at least $130,000 after two Keeneland sales to trainer Bruce Headley, one of six defendants in a lawsuit filed by California winemaker Jess Jackson for fraudulent misrepresentation in the purchase of horses and horse farm property.
Here are some horses that could bring big prices Monday night at Saratoga.
Here's some horses who could sell big Wednesday night.
Keeneland's January Horses of All Ages Sale ended Jan. 15 with the third highest gross in the history of the auction.
Cozzene's Angel, the dam of multiple grade I winner Toccet, sold for $1.35 million Tuesday as the Keeneland January horses of all ages sale gained momentum and shot ahead of last year's pace.
The fourth session of the Keeneland November breeding stock sale saw the prices of first three days come down slightly from the stratosphere. However the final figures show a market strength that continues to impress industry insiders.
Eaton's Tom VanMeter might get involved in Santa Catarina, Take Charge Lady partnership.
Topped by millionaires Unbridled Elaine and Take Charge Lady, Keeneland's November breeding stock sale jumped out to a healthy start Monday, with a 16.2% increase in gross receipts over the same session one year ago. The median price rose 2.8%, the buyback rate was down substantially, and the average price fell 5% over the same session last year.
The world record gross for the Keeneland September yearling sale stood at $323,743,800 Sunday following the 13th of the auction's 14 sessions.
Here's some of the horses getting favorable reviews at the Keeneland September yearling sale.
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