Castleton Lyons, owned by Dr. Tony Ryan, announced Thursday the purchase of a "significant" breeding interest in Action This Day, who recently earned an Eclipse Award as champion 2-year-old male for 2003.
Consignors told Keeneland officials Wednesday that they don't want the July select yearling sale to return in 2004 after a year's absence.
The National Thoroughbred Racing Association has approved a contract extension with ESPN for television coverage, and also reported that 82% of the sellers and consignors at the Keeneland July yearling sale contributed financially to the organization to fund legislative endeavors.
- By Ray Paulick
By Ray Paulick -- In a reversal of form, Fasig-Tipton Kentucky had the greatest momentum and Keeneland sustained a downturn during the 2002 summer yearling sales.
- By Dan Liebman
By Dan Liebman -- The Keeneland summer sale needs to be adjusted. It needs to be tweaked. Revamped. Changed. It absolutely does not need to be abandoned, as some have suggested.
Unlike Monday's opener, in which only two horses were sold in excess of seven figures, the second session of Keeneland's July Selected Yearling Sale was strong from start to finish. For the entire two-day sale, Keeneland reported 87 yearlings were sold for a total of $42,385,000. The sale average of $487,184 represented a decline of 31.4% from 2001 when 89 horses were sold for a total of $63,212,000 and an average price of $710,247.
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.
TVG has announced it will offer exclusive live coverage of the Keeneland July Select Yearling Sale.
William S. Farish's Lane's End Farm is returning to Keeneland's July yearling sale in 2002. A former leading consignor in July, Lane's End switched the focus of its marketing program for young horses to Keeneland's September yearling sale in 2000 and continued that strategy in 2001.
For more than three hours Monday night, the Keeneland July yearling sale was beamed into the homes of people who can access the TV Games Network either on cable television or by satellite dish. It was somewhat of a breakthrough for the auction end of the business, which generally gets little exposure away from sale pavilions.
Taylor Made Farm stallion Saint Ballado sired the $4-million session topper on the Monday night opener to the Keeneland July select yearling sale, but Three Chimneys Farm's venerable Triple Crown winner Seattle Slew was leading sire by average on the evening, with two colts selling for an average price of $1,925,000.
Robert and Beverly Lewis have shifted the focus of their breeding program from selling to racing this year. As a result, they recently scratched both of their entries to the Keeneland July select yearling sale: a Deputy Minister--Serena's Song colt and a Gone West--Storm Beauty filly. The Lewises also will retain most of the yearlings that they planned to offer at the Keeneland September sale.
Keeneland's July yearling sale will have its smallest catalogue ever this year. Only 164 horses will be offered during the elite Kentucky auction, which has decreased in size for four consecutive years. The total represents a drop of 21.1% from 2000, when 208 horses were catalogued. In comparison, the decline in numbers between 1999 and 2000 was only 3.7%.
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