The Keeneland November breeding stock sale was hammered last year by the global financial crisis, suffering alarming downturns of 45.5% in gross, 39% in average price, and 42.9% in median price after a record-setting run in 2007. This year, consignors and sale company officials are hoping that, at the very least, the declines will slow down, but the odds are against a rebound during the auction's 13-day run, Nov. 10-22, in Lexington.
Monday, November 09, 2009
Consignors are steeling themselves and their clients for a significant downturn in the market at Keeneland's breeding stock sale, which starts Nov. 3 in Lexington and runs for 15 days. But they also are hoping that the drop in prices will bring out the bargain hunters, who could help reduce the severity of the setbacks, which seem inevitable during the current global financial crisis and Thoroughbred auction slump.
Saturday, November 01, 2008
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.
Friday, September 05, 2008
A Louisiana-bred colt by Even the Score brought the top price of $120,000 on a good opening day at the Fasig-Tipton Texas yearling sale in Grand Prairie.
Monday, August 25, 2008
Perhaps Mark Toothaker of Legacy Bloodstock said it best during the Fasig-Tipton Kentucky July select yearling auction: "The bull's-eye is getting smaller on what the marketplace is wanting. It's gone from about the size of a quarter to the size of a dime."
Wednesday, July 16, 2008
Premium Red sold for $700,000 Monday as the Keeneland January auction got under way.
Monday, January 07, 2008
A Dynaformer colt whose second dam is Broodmare of the Year Glowing Tribute was sold for $190,000 to top the Oct. 23 session of the Fasig-Tipton Kentucky October yearling sale that concluded with double-digit increases in gross, average, and median prices.
Tuesday, October 23, 2007
The Fasig-Tipton Texas yearling sale posted increases in its gross revenue, median price, and average price.
Tuesday, August 28, 2007
Legacy Bloodstock announced that Mark Toothaker joined the company as a new partner, effective Jan. 1.
Friday, February 09, 2007