The Ocala Breeders' Sales Co.'s March select sale of 2-year-olds in training ended its record-setting run Wednesday, posting major gains that lifted the gross revenue, average price, and median price to the auction's highest levels ever.
Prices soared to world record heights Tuesday during Fasig-Tipton Florida's sale of 2-year-olds in training at Calder Race Course. A handsome colt from the first crop of Kentucky Derby (gr. I) winner Fusaichi Pegasus set a new standard for a juvenile sold at public auction by commanding $4.5 million. In addition, a colt from the first crop of Stephen Got Even also blew past the previous mark of $2.7 million, bringing $3.1 million earlier in the auction.
For the second time Tuesday, a world-record price for a juvenile sold at public auction was set during the Fasig-Tipton selected 2-year-olds in training sale at Calder Race Course. The new world record price of $4.5 million was paid by Japanese owner Fusao Sekiguchi for a colt from the first crop sired by Kentucky Derby (gr. I) winner Fusaichi Pegasus, who was raced by Sekiguchi.
Business boomed Tuesday at the Ocala Breeders' Sales Company's February juvenile auction. The average price soared 25.2% to reach its highest level ever. In addition, OBS sold its most expensive juvenile ever when a rangy, powerful-looking Wild Rush colt brought $1.6 million.
A record-breaking largest ever Tattersalls December Foal Sale concluded in Newmarket, England on Saturday with a 21,157,000 guineas gross for the 738 horses sold, up 23% on the amount yielded by 585 sold 12 months ago.
A February-born Singspiel colt out of champion racemare Bosra Sham set the Tattersalls sale ring alight in Newmarket, England on Friday when selling for 525,000 guineas to Sheikh Mohammed at the December Foal Sale.
Tattersalls' December Foal Sale continued to break records in Newmarket Thursday, with the 23,128 guineas average up 34% on the equivalent day last year.
Sheikh Mohammed, represented by John Ferguson, bought the two six-figure lots at the Tattersalls December Yearling Sale in Newmarket, England as the sale just passed last year's record figures.
Keeneland's November Breeding Stock Sale ended Thursday with the fourth highest gross in sale history along with a world record for a broodmare and a North American record for a weanling colt.
When Johar finished in a dead-heat with High Chaparral for first in the John Deere Breeders' Cup Turf (gr. IT) on Oct. 25, it was one of the closest and most exciting races in the 20-year history of the Breeders' Cup and left racing fans buzzing for days. The excitement from that race extended into the sales ring during Tuesday's second session of the Keeneland November Breeding Stock in Lexington, Ky. as Windsharp, Johar's dam, brought a top bid of $6.1 million.
Agent John Ferguson, representing Sheikh Mohammed bin Rashid al Maktoum, outbid agent John Warren to acquire a Dubai Millennium colt for 1.2-million Euros (about $1,373,965) to top the opening session of the Goff's Orby Sale in Ireland on Tuesday.
After two days of Keeneland's September sale in which 27 horses brought $1-million bids or more, Wednesday's session of the annual yearling sale in Lexington slowed down as the "select" portion gave way to the first of 10 remaining days of the auction.
Buyers, consignors, and Keeneland sales officials comment on the first two days of the Keeneland September yearling sale.
Sheikh Mohammed of Dubai arrived at Keeneland Sunday morning, one day before the start of the September yearling sale.
The Ocala Breeders' Sales Company's March select auction of 2-year-olds in training had its ups and downs during a two-day run that ended Wednesday.
Tattersalls' returned a second-best annual turnover of 134,682,000 guineas as the December Sales reached its conclusion in Newmarket on Thursday night. A total of 3,842 head were sold during 2002 at an average price of 35,055 guineas.
Observations of buyers and sellers at Keeneland's November Breeding Stock Sale.
Comments from buyers, sellers, and Keeneland on the decline in average and gross prices during the unofficial "selected" sessions of the Keeneland September yearling sale:
Price correction within the yearling marketplace continued Tuesday as the gross and average prices fell during the second session of the Keeneland September Yearling Sale. The sales company reported 182 horses were sold for a gross of $50,145,000. The average price of $275,521 represented a 28.6% decline from the $385,721 average in 2001 when 197 yearlings grossed $75,987,000.
The resultsof sales conducted so far this year have left sale company officials and horsemen scratching their heads. Are they trends or do they just reflect the up-and-down fortunes of individual auctions?
As the Keeneland September yearling sale approached, consignors were steeling themselves for a significant downturn in prices.
Like War Emblem in the Belmont Stakes (gr. I), the Keeneland July select yearling sale stumbled out of the starting gate. By every economic measure, the opening session on July 15 failed to keep pace with last year.
Fight Your Corner, winner of the Chester Vase, will run in the Vodafone Epsom Derby. Sheikh Mohammed, who bought the colt to race in the colors of his son, Sheikh Hamdan bin Mohammed al Maktoum, made the decision to pay a £90,000 supplementary fee after consulting with Sheikh Hamdan and trainer Mark Johnston.
Darley Australia, a division of the Maktoum family's Thoroughbred empire, dominated proceedings Tuesday during the opening session of the Australian Easter yearling sale.
A weanling full sister to 2000 Horse of the Year and two-time Breeders' Cup Classic (gr. I) winner Tiznow sold for $950,000 early during Saturday's session of the Keeneland November breeding stock sale.
Sheikh Mohammed's first order of business as owner of Jonabell Farm in Lexington will be to "give the land a rest," according to his chief bloodstock adviser John Ferguson. The sheikh's purchase of the 790-acre farm is scheduled to close Oct. 1.
Wednesday began with a lot of questions for the Keeneland Association, mostly surrounding what effect the terrorist attacks in New York City and Washington, D.C. on Tuesday would have on resumption of the September Yearling Sale. By the end of the day, the sales company in Lexington, Ky. had gotten affirmation that the right decision had been made. There was competitive bidding between buyers from North America, Europe, and Middle Eastern countries during the session, which was highlighted by a Storm Cat colt sold for $6.4 million.
Fasig-Tipton's Saratoga yearling sale is on pace to break last year's all-time record average price of $305,847, defying the conventional wisdom that many observers took into this year's start of the yearling sale season in July. Wednesday's numbers were up 70% from the second night session's gross in 2000, the average was up 56%, and the median 29%.
The good times rolled at Saratoga Tuesday night, with prices during the opening session of the Fasig-Tipton select yearling sale exceeding last year's figures by significant amounts.
Sheikh Mohammed's Dubai Millennium, who has been diagnosed with an acute case of equine grass sickness, remains in stable condition at a Newmarket clinic. The 5-year-old stallion was sent there Monday, April 21, from Sheikh Mohammed's Dalham Hall Stud near Newmarket and underwent surgery that day and the following day because of complications.
Jewel Princess, a champion daughter of Key to the Mint, was purchased by Coolmore Stud's John Magnier for $4.9 million to top Monday's second session of Keeneland's November Breeding Stock Sale. Monday's gross receipts represented a record for any single session in Keeneland sale history as 24 horses brought final bids in excess of seven figures.
Boosted by competitive bidding between Sheikh Mohammed, Coolmore Stud interests, and clients of trainer D. Wayne Lukas, the second session of Keeneland's fall yearling sale soared to record levels Tuesday, primarily on the strength of horses consigned by William S. Farish's Lane's End Farm. Among the highlights were the sale of a Storm Cat colt for $6.8 million--the highest price paid for a yearling sold at auction in North America since 1985--and two apparent world record prices for yearling fillies.
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