Yearling fillies brought the three highest prices at the Fasig-Tipton Texas yearling and fall mixed sale Oct. 13 at Lone Star Park, with a Texas-bred daughter of Trappe Shot the top seller at $50,000.
Tommy and Wyndee Eastham announced Dec. 19 that they have relaunched Legacy Bloodstock, the Lexington, Ky.-based Thoroughbred sales agency that Tommy Eastham co-owned with former partner Mark Toothaker.
Prospective was a tough as a yearling and that attitude seems to be helping him as a racehorse, according to Mark Toothaker.
Zayat Stables' Prayer for Relief held off Populist Politics and Awesome Bet in the stretch to win the $500,000 Super Derby (gr. II) in wire-to-wire fashion Sept. 10 at Louisiana Downs.
Bloodstock agent Tommy Eastham has opened his EastWynd Sales Agency near Lexington. The firm is accepting new clients.
Tommy Eastham and Mark Toothaker of the Kentucky-based sales agency Legacy Bloodstock have dissolved their partnership.
Broodmares and broodmare prospects are among the horses that will be offered as the breeding season approaches.
Even though the Keeneland September yearling sale is nearing its end, it still has plenty of momentum.
Hal Wiggins, former trainer of champion Rachel Alexandra, is enjoying his first year of purchasing horses for the clients of Legacy Bloodstock.
Retired trainer Hal Wiggins, who developed Rachel Alexandra and trained her early in her Horse of the Year campaign, has joined Legacy Bloodstock to assist in client relations and owner recruiting.
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.
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.
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.
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.
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."
Premium Red sold for $700,000 Monday as the Keeneland January auction got under way.
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.
The Fasig-Tipton Texas yearling sale posted increases in its gross revenue, median price, and average price.
Legacy Bloodstock announced that Mark Toothaker joined the company as a new partner, effective Jan. 1.
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