Act II, Presented by Fasig-Tipton: Get to know brothers Kevin and J.B. McKathan, farm manager Chris Alexander and the 200-acre McKathan Brothers Training Center. More at www.AmericasBestRacing.net.
A Florida senator has filed a resolution honoring J.B. and Kevin McKathan, who played a major role in the early development of Triple Crown winner and Breeders' Cup Classic (gr. I) favorite American Pharoah.
A colt by Into Mischief (Hip 509) consigned by Jaime Mejia's Thoroughbred Champions Training Center posted the fastest quarter of a mile breeze of the third under tack preview for the OBS June sale of 2-year-olds in training.
Long before racing fans became acquainted with the brilliance of likely Kentucky Derby (gr. I) favorite American Pharoah, J.B. and Kevin McKathan recognized his vast potential.
Auction aims to attract top-end buyers as well as a strong middle-market buying base.
Ocala Breeders' Sales Co. held the first of three under-tack previews for its March 2-year-olds in training sale with hip No.'s 1-203 breezing Wednesday, March 11, on the Ocala Training Center's SafeTrack synthetic surface.
The Fasig-Tipton Florida sale has produced a pipeline of stakes-winning graduates, and consignors hope those successes will boost this year's sale of pedigree-rich select 2-year-olds in training March 4 at Gulfstream Park.
Colts by Uncle Mo and Kitten's Joy topped the work tab for the fastest eighth-mile breeze--one on dirt, the other on turf--at the Fasig-Tipton Florida under-tack show March 2 at Gulfstream Park.
A pair of regally-bred colts by Curlin and Bernardini garnered the most attention at the third session of Ocala Breeders' Sales Co.'s spring sale of 2-year-olds in training April 23, each selling for $700,000.
A full sister to grade III winner Trinniberg brought $450,000 late in the morning of May 22 at the Fasig-Tipton Midlantic sale of 2-year-olds in training in Maryland.
The fastest times were slower than they were a year ago during the under tack show for the Fasig-Tipton Florida select sale of 2-year-olds in training. But the auction firm's officials and consignors said they weren't surprised or disappointed for a couple of reasons.
Read what participants in the Keeneland January horses of all ages sale had to say during the auction's fourth session Jan. 15 in Lexington.
Buyers and consignors have mostly good things to say about the Keeneland September yearling sale, which ends Tuesday in Lexington.
- By Ryan Conley
Questionable Thoroughbred industry sales practices that have been forced into the spotlight by lawsuits and legislation are apparently on the decline.
- 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.
- By Ryan Conley
Prominent horsemen in a civil lawsuit involving alleged horse auction fraud are apparently taking initial steps toward an out-of-court settlement, according to documents recently filed in a Texas federal court.
Prominent racing owner James McIngvale on Thursday filed a federal lawsuit in Texas that in part charged trainer Bob Baffert and Florida-based sales agents J.B. McKathan and Kevin McKathan with receiving secret commissions and kickbacks on "various Thoroughbred racehorses" the Houston furniture industrialist purchased at public auction.
An Artax colt sparked some bidding fireworks at the Ocala Breeders' Sales Co.'s August yearling sale Tuesday, bringing $160,000 during the first open session.
The $8-million Storm Cat colt, which was the highest-priced Thoroughbred sold at public auction this year, is in Florida being prepared for racing by brothers J.B. and Kevin McKathan.
A filly sired by Kentucky Derby winner Fusaichi Pegasus and produced from the Peruvian champion La Chaposa was purchased by Stan Fulton's Fleetwood/New Wave for $800,000 as the top-priced offering at Wednesday's Fasig-Tipton Kentucky summer yearling sale.
Topped by a colt from the first crop of millionaire Menifee, Keeneland's April sale of 2-year-olds in training produced a record gross and second-highest average in the sale's history on Tuesday.
A Hennessy colt produced from the unraced Alydar mare Altair was purchased for $1.1 million on behalf of Coolmore Stud interests to top Thursday's session of the Keeneland September yearling sale
Acting as agent for Texas owner James McIngvale, J. B. McKathan went to $200,000 to acquire a son of Halo's Image during the early part of Monday's Ocala Breeders' Sales Company's selected yearling sale in Ocala, Florida.
A sale record was established for average price at the Ocala Breeders' Sales Company's select juvenile auction at Calder Race Course Tuesday. In addition, the median price increased dramatically from a year ago, rising to the second-highest level in the South Florida sale's history.
A Saint Ballado colt purchased for $25,000 last fall was sold for $500,000 Tuesday to top the first half of the Ocala Breeders' Sales Company's selected 2-year-olds in training sale at Caler Race Course.
Sale records were established for average and median during Keeneland's April auction of 2-year-olds in training. But those results didn't tell the whole story about what happened on a cold and snowy spring day in Central Kentucky. The buy-back rate inched upward to a sale-record high. The number sold plunged to a sale-record low. And consignors complained often about buyers who were too picky and too few in numbers. In other words, the auction experienced many of the same problems that afflicted earlier juvenile sales this year in Florida and California.
After a slow start, Keeneland's April auction of 2-year-olds in training closed with a flurry of bidding Tuesday that helped establish sale records for both average price and median price. The 91 horses sold grossed $14,898,000 and averaged $163,714. The median was $125,000. Compared to a year ago, the number sold plunged by 26.0%, and the gross dropped by 19.5%. However, the average and median enjoyed increases of 8.8% and 19.0%, respectively.
The Fasig-Tipton Texas 2-year-olds in training sale at Lone Star Park concluded Tuesday, with the sales company reporting a total of 193 horses sold for $4,494,900. The sale's average price of $23,290 represented a 3.8% gain over the $22,431 average the previous year when 262 horses grossed $5,876,800. After an opening-session buy-back rate of 50.6%, the percentage of horses not sold stabilized Tuesday. For the sale overall, FT reported a buy-back rate of 44.2%.
A high buy-back rate and only one break-out horse were the key points Monday during the first session of the two-day Fasig-Tipton Texas 2-year-olds in training sale at Lone Star Park.
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