Nearly every domestic yearling sale in 2009 has suffered sharp declines, but in England, Ireland, and France, auctions of young horses generally have turned in stronger performances.
Friday, October 23, 2009
The Dow Jones industrial average closed at 10,015.86 Oct. 14, marking the first time the figure had touched 10,000 since October of last year, when the stock market was on its way down. The statistic has enjoyed an amazing rebound of 53% since March when it dropped to its lowest point in more than a decade.
Wednesday, October 14, 2009
Keeneland and Fasig-Tipton have made changes to their November sales schedules to better accommodate horsemen attending the Breeders' Cup World Championships at Santa Anita Park Nov. 6 and 7. Keeneland's November breeding stock sale will begin Tuesday, November 10, at 10 a.m. (EST) and run through Sunday, November 22. Fasig-Tipton will conduct its select mixed sale on Tuesday, November 10, starting at 5 p.m. (EST).
Thursday, September 03, 2009
BC3 Thoroughbreds, the yearling-to-juvenile pinhooking venture that is best known for selling grade I winner Brother Derek, has broadened its horizons. Started by Utah horsemen John Brocklebank and Shane Chipman, BC3 has an ambitious plan to buy and resell young horses in this country, Australia, and Asia.
Friday, July 24, 2009
Florida pinhooker Randy Hartley is training a string of horses in Southern California, but he will continue to be involved in reselling juveniles purchased as yearlings or weanlings though Hartley/De Renzo Thoroughbreds.
Friday, July 24, 2009
The Society of International Thoroughbred Auctioneers (SITA) will clarify its policy on aged broodmares during its next meeting, according to a press release issued by the organization on July 10. Based on comments by Fasig-Tipton and Keeneland officials, there was confusion about the portion of the policy that addresses broodmares 18 years of age and older and whether the ban recommended by SITA concerns all broodmares of that age or only broodmares of that age that are not in foal.
Friday, July 10, 2009
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.
Wednesday, July 08, 2009
Fasig-Tipton and Keeneland executives are raising questions about the the Society of International Thoroughbred Auctioneers' new guidlelines for older mares and barren mares, saying the policies they had agreed to support differed on one key point from what has appeared in recent published reports.
Tuesday, July 07, 2009
What will the yearling selling season of 2009 be like? A story with comments from a variety of auction participants appeared in the June 27 edition of The Blood-Horse and also was published on the magazine's Web site: www.bloodhorse.com. Now, two more people, Lincoln Collins and Craig Bandoroff, weigh in on the subject.
Monday, June 29, 2009
Mark Maronde and Dr. Johnny Mac Smith have joined the Keeneland sales staff. Maronde will be a sales account executive, and Smith, a veterinarian, will be a member of the yearling inspection team.
Friday, May 01, 2009
New Zealand Bloodstock (NZB) will open new office in Asia -- New Zealand Bloodstock Asia -- that will be headed up by New Zealand Bloodstock representative Michael Kneebone. Based in Singapore, Kneebone will provide New Zealand Bloodstock's full range of bloodstock services in the region.
Monday, March 30, 2009
Even though the market for 2-year-olds in training has been tough, Ciaran and Amy Dunne of Florida-based Wavertree Stables have two big reasons to celebrate. Wavertree-consigned horses topped both the Fasig-Tipton Florida select auction and the Barretts March sale.
Thursday, March 26, 2009
When sale company officials, consignors, and buyers analyzed the Thoroughbred marketplace in the past, they often mentioned how well demand for the most expensive horses was holding up. But during the latest economic downturn, which has sparked financial crises around the world, even the top of the market is taking a pounding based on the combined results for the first four major select sales of 2-year-olds in training.
Wednesday, March 25, 2009
The Ocala Breeders' Sales Co. closed out the two-day run of its March select juvenile auction with a bang as an El Prado colt named El Kingdom brought the sale's most expensive price of $450,000 March 18.
Wednesday, March 18, 2009
The set of uniform policies developed by four major auction firms Barretts, Fasig-Tipton, Keeneland, and the Ocala Breeders' Sales Co. took effect beginning with the OBS February select sale of 2-year-olds in training Feb. 17 in Central Florida. The policies address medication, prohibited practices, riding crops, and horseshoes. "As the first sale under these new guidelines, I thought it went tremendously well," said Tom Ventura, the OBS general manager and director of sales.
Wednesday, February 18, 2009
Construction is under way on a new office building at Fasig-Tipton's Newtown Paddocks property near Lexington. The structure, which will be located in front of the sale pavilion, will have three levels (two above ground and a basement). A walkway will connect the second above ground level of the office building with the second story of the sale pavilion.
Monday, December 22, 2008
Jim Henwood, who serves as president and CEO of the Los Angeles County Fair Association (LACFA), which owns Barretts, recently discussed the future of the sale company with The Blood-Horse.
Monday, December 22, 2008
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.
Tuesday, December 09, 2008
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.
Tuesday, December 09, 2008
The Ocala Breeders' Sales Co. (OBS) recently revised the results for the 2008 August yearling sale on its Web site (www.obssales.com) because of new rules governing horse auctions in Florida that took effect in July. Sale companies now are required to disclose any horses that did not change ownership after being reported as sold.
Tuesday, November 25, 2008
Tony Lacy of Four Star Sales is the new North American representative for Arqana, a Thoroughbred auction firm that is based in France.
Monday, November 24, 2008
Fasig-Tipton has formed an advisory board of directors to assist the company's management in its auction ventures and other related initiatives in the Thoroughbred industry. Fasig-Tipton chairman Walt Robertson is chairing the advisory board, and Fasig-Tipton chairman emeritus D. G. Van Clief Jr. is a board member.
Thursday, November 20, 2008
Bayne Welker will join Fasig-Tipton's management team as an account executive early next year. He has been the director of public sales and stallion marketing at Mill Ridge Farm near Lexington for nine years. He also is the president of the Consignors and Commercial Breeders Association.
Wednesday, November 19, 2008
Fasig-Tipton's renovation and expansion of its Humphrey S. Finney Pavilion in Upstate New York will cost several million dollars, according to a Nov. 14 report in the Albany Business Review. In plans filed with the city of Saratoga Springs, the auction company's officials said they would use bluestone, slate, brick, and historic wood fencing to create a more upscale facility.
Monday, November 17, 2008
Fasig-Tipton will conduct 14 Thoroughbred sales in 2009 in five states: Kentucky, New York, Florida, Maryland, and Texas. There will be 25 days of auctions in all. The schedule begins with the Kentucky winter mixed sale in Lexington Feb. 8-9.
Friday, October 17, 2008
The sale pavilion where Fasig-Tipton's Midlantic division conducts its auctions will undergo "positive cosmetic changes" during a renovation that will begin following the winter mixed sale in December, according to Fasig-Tipton's director of marketing,
Monday, October 13, 2008
Keeneland officials plan to expand their testing program for exogenous anabolic steroids in sale horses to include the April select juvenile auction. That decision came after Kentucky Gov. Steve Beshear signed emergency regulations Sept. 5 that ban the use of the common steroids boldenone, nandrolone, and testosterone in Thoroughbred and Standardbred racehorses competing in Kentucky.
Monday, September 08, 2008
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.
Friday, September 05, 2008
When Dubai-based Synergy Investments purchased Fasig-Tipton earlier this year, the auction company's officials vowed that one of their goals would be to improve customer service. And Fasig-Tipton already has begun delivering on that promise.
Friday, September 05, 2008
Fasig-Tipton has restructured its senior management team, it was announced Sept. 2. The changes include the addition of one of Sheikh Mohammed's key employees in America, Dan Pride, to the auction firm's executive ranks.
Tuesday, September 02, 2008
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.
Tuesday, September 02, 2008
A popular definition for a recession is a decline in a country's gross domestic product for two or more consecutive quarters in a year. So far, that hasn't happened in the latest economic downturn, but there is plenty of bad financial news around concerning gas prices, home values, and job losses
Monday, July 07, 2008
Horse sale legislation filed Thursday and supported by California winemaker and horseman Jess Jackson would require disclosure of ownership and medical records of horses sold at public auction in Kentucky.
Thursday, February 08, 2007
