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Barretts Cuts Fall Mixed Sale

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.

OBS Updates August Sale Results

OBS Updates August Sale Results

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.

Fasig-Tipton Forms Advisory Board

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.

Welker to Join F-T Management Team

Welker to Join F-T Management Team

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.

Details of Saratoga Renovation Reported

Details of Saratoga Renovation Reported

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.

F-T Has 14-Sale Schedule in 2009

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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.

Keeneland to Offer 2YO Steroid Testing

Keeneland to Offer 2YO Steroid Testing

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.

2yo Whip Rules Will Be Similar

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.

Fasig-Tipton Paying Consignors Faster

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.

Recession Not Always Bad Sale News

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

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