Barretts opens its 2009 selling season with a January mixed sale on the grounds of Fairplex Park in Southern California. The auction, which has more than 300 horses in its catalog, begins at 11 a.m. (PST) Jan. 26.
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.
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.
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 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.
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 Barretts Classic I, a select sale of horses of racing age, is set for Oct. 26.
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.
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.
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.
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 is uncertainty in the select juvenile marketplace heading into Tuesday's Barretts March sale in Southern California. The OBS February and Fasig-Tipton Florida auctions produced mixed results, making people wonder if the unprecedented growth of recent years might be coming to an end.
A colt by Hold That Tiger collpased and died while breezing Monday at Fairplex Park during the first under tack show for the Barretts March select sale of 2-year-olds in training.
It was a case of the sophomore slumps for the second California October yearling sale. The average increased, but the Oct. 3 sale saw declines in number sold, gross, and median.
Last year's inaugural California October yearling sale, co-sponsored by Barretts Equine Limited and the California Thoroughbred Breeders' Association, concluded with solid across the board results. And the two entities hope to build on last year's success for even stronger results during the 2006 edition Oct. 3 at Barretts Fairplex Park facility.
A Red Bullet colt named Unbridled Slew shattered a Barretts May sale of 2-year-olds in training record Tuesday when he brought the auction's highest price ever of $2.5 million.
Kim Lloyd is the new vice president sales for Barretts Equine Ltd., a Southern California-based Thoroughbred auction firm.
Barretts' March select sale of 2-year-olds in training had three strikes against it, but didn't go down swinging Tuesday in Southern California.
Barretts' March select sale of 2-year-olds in training produced mixed results a year ago, with the gross revenue increasing while the average and median prices dropped. But the performance of the horses sold there has been consistently outstanding.
Following a world record Thoroughbred auction price of $16 million for a Forestry colt in South Florida, the select market for 2-year-olds in training moves to Southern California for Tuesday's Barretts March sale at Fairplex Park.
Symphonic Movement, a colt from the first crop of High Demand, lived up to his sire's name and was so in demand with buyers that he topped the California October yearling sale Tuesday at Barretts. The muscular bay brought $290,000.
Barretts and the California Thoroughbred Breeders Association (CTBA), competitors for years in the commercial marketplace, are uniting for the first time to put on a sale.
Will it be a feast or famine Tuesday at the Barretts March select sale of 2-year-olds in training? Recent results in the juvenile market suggest that consignors could experience both extremes.
With a better catalogue of offerings, there could be fireworks at the top of the market for the Barretts select sale of 2-year-olds in training on Tuesday at Fairplex Park in Southern California. "We have a better catalogue this year in terms of pedigree and physicals," Barretts president Jerry McMahon said.
The California Thoroughbred Breeders Association and Barretts Equine will combine their respective annual yearling sales in a one-day event to be held Oct. 4 at Barretts' Hinds Pavilion at Fairplex Park in Southern California.
Barretts and the California Thoroughbred Breeders Association (CTBA) are discussing a joint venture to conduct an annual yearling sale.
Seawolf Stables, a unique fundraising endeavor for Sonoma State University athletics, got off to a noteworthy debut when its 2-year-old gelding Irish Dodger finished a surprising second at odds of 29-1 Aug. 7 in his first start at Santa Rosa.
The Baretts March sale of 2-year-olds in training will beconducted on Tuesday, March 15, in 2005 instead of Tuesday, March 1, as originally scheduled.
The juvenile selling action moves to Southern California Tuesday for the Barretts May auction at Fairplex Park.
To sell well, 2-year-olds in training need to perform well. But the horses in Tuesday's Barretts select auction have faced some significant disruptions in their preparation.
There has been "real solid interest" from prospective buyers in the Barretts March select sale of 2-year-olds in training, according to the company's president Jerry McMahon.
In an effort to better accommodate the training schedules of California horsemen, Barretts has added a sale of 2-year-olds in training and horses of racing age to its schedule in 2004.
The Barretts October mixed sale ended its two-day run Tuesday in Southern California with a 10% decline in gross revenue even though the number of horses sold increased significantly.
A California-bred filly by millionaire Event of the Year, out of the unraced Storm Cat mare Stormy Regina, brought a final bid of $160,000 to top the Barretts October preferred yearling sale Tuesday in Pomona, Calif.
Barretts shattered a world record Tuesday when it sold a flashy chestnut son of Sea of Secrets for $2.7 million at its March select sale of 2-year-olds in training. But the Southern California auction lost some of its luster when nearly half of the horses it offered failed to find new homes.
The death of major buyer Ahmed Salman makes it difficult for Barretts president Jerry McMahon to predict how the market will perform at the company's March select sale of 2-year-olds in training Tuesday.
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