Two panel sessions at Thoroughbred Ownership Conference focused on buying horses at auction and trainer selection and communication. Penny Chenery made a special appearance at the conference Oct. 14.
Topped by a Curlin colt with a strong female family, the Sept. 15 seventh session of the Keeneland September yearling sale saw increases comparable to those generated during the first six sessions.
The strong pace continued Sept. 15 at the Keeneland September yearling sale, with double-digit gains in gross, average, and median.
Black Rock Stables' Silver Medallion pulled clear in the stretch and coasted home for an easy 1 3/4-length win in the $100,000 Tropical Turf Handicap (gr. IIIT) on closing day at Calder Casino & Race Course.
Mike Ryan, acting as agent on behalf of an unnamed client, purchased a Medaglia d'Oro colt for $470,000, the highest priced colt so far during the Sept. 13 session of the Keeneland September yearling sale.
Greg Goodman's Mt. Brilliant Farm bred Nehro, Zayat Stables' Kentucky Derby (gr. I) runner-up and contender for the Belmont Stakes (gr. I) June 11 in New York.
George Bolton buys the Barretts May Sale topper, going to $220,000 for a son of Hard Spun. The sale's average increases 2.5% over last year's figures as the buy-back rate tumbles to 19.1%.
A majority interest in Silver Medallion, winner of the El Camino Real Derby (gr. III) and Eddie Logan Stakes in his last two starts, has been sold to Steven Marshall.
Welcome to Palm Meadows Training Center, the new and widely praised home of the Fasig-Tipton Florida select sale of 2-year-olds in training.
A Distorted Humor colt brings $2.05 million during the second and final select session.
A strapping son of Distorted Humor was hammered down for $2,050,000 during at the Sept. 13 session of the Keeneland September yearling sale. Bought by agent Mike Ryan, the colt was consigned by Lane's End, agent.
Several consignors make predictions about the market's performance.
The yearling market continues its slump but trading was brisk during the fifth session of the 14-day Keeneland September Yearling sale.
Prices were down significantly at the first major auction of the selling season for 2-year-olds in training Feb. 17 in Central Florida. Read what one buyer and several consignors had to say about the market at the Ocala Breeders' Sales Co. February auction.
The Keeneland January horses of all ages sale continued its scary downward spiral during the second session of its six-day run in Lexington. The gross revenue Jan. 13 dropped 66.2% from a year ago while the average price fell 61.6%. The median price plunged 55.8% while the number of horses sold was down least of all, 12.1%.
MAHUBAH'S CORNER, by Avalyn Hunter
Laragh's victories, most recently in the grade I Hollywood Starlet Stakes Dec. 13, have helped seal her sire Tapit's position as the leading freshman sire and juvenile sire of 2008. Laragh has won on synthetic surfaces and turf and could be equally dangerous as a sophomore on dirt in 2009.
With Edgar Prado at the controls, Laragh dictated the pace to score a one-length victory Dec. 13 in the $429,500 Hollywood Starlet (gr. I) for 2-year-old fillies.
Golden Goose Enterprise and IEAH Stables' Laragh took an early lead and never let it go, romping home to a 4 3/4-length victory in the $150,000 JPMorgan Chase Jessamine Stakes Oct. 9 on the Keeneland turf.
Trainer Mark Casse celebrated his 1,000th victory Aug. 9 when the 2-year-old filly Laragh won the first race at Woodbine.
Denis of Cork went from last to third in the May 3 Kentucky Derby Presented by Yum! Brands (gr. I), and it is that bid that has led many to think he will enjoy the extra quarter-mile he will have to run in the 1 1/2-mile Belmont Stakes (gr. I) June 7.
Cool Coal Man's half-brother is the star of the April sale's under tack show.
Participants talk about the market at the OBS March juvenile auction.
A Saint Liam yearling colt sold for $220,000 to top Saturday's session of the Keeneland January sale.
Buyers have different routines when looking at yearlings, and consignors keep those individual preferences in mind when showing horses.
The Fasig-Tipton Midlantic sale of 2-year-olds in training ended its two-day run Tuesday in Maryland with an auction record median price. But the average price suffered a small setback from 2006, and the gross revenue declined to a greater degree with fewer horses sold.
Horse of the Year Saint Liam, who completed his first year at stud at William S. Farish's Lane's End Farm near Versailles, Ky., suffered a fractured hind leg while being led to his paddock Tuesday.
The Adena Springs juvenile auction established a sale record for gross revenue Monday night in Central Florida while reducing its buy back rate significantly.
A son of Golden Missile established a new record price for the Adena Springs 2-year-olds in training sale when bloodstock agent Mike Ryan went to $500,000 to purchase the colt during the March 21 auction.
The Thoroughbred Retirement Foundation's sixth annual fund-raising party held Monday night at the Saratoga Golf and Polo Club exceeded all expectations as 450 guests attended for a chance to bid on unique experiences and stallion seasons while helping out a good cause. The event raised $425,000.
The two-day Fasig-Tipton Midlantic 2-year-olds in training sale ended Tuesday with a record gross and increase in average price. The sale's final numbers were helped by record price for a juvenile when bloodstock agent Buzz Chace went to $450,000 for a daughter of Silver Deputy.
It could have been a recipe for disaster. But the Pulpit colt in Niall Brennan's consignment emerged unscathed, and now Hip No. 124 is one of horses people are talking about in Tuesday's Keeneland April sale of 2-year-olds in training.
Buyers and consignors say they will miss the Keeneland July select yearling 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:
Next Saturday's Whirlaway Stakes at Aqueduct, already an intriguing race with several top prospects, will draw this year's first European invader in Goshin's Lad, an English-trained colt who has won a pair of recent dirt races over Lingfield's all-weather track.
New York media magnate Stuart Subotnick belongs to an elite group: he's one of America's 500 richest people. He also belongs to a more exclusive clique of the super-wealthy who own Thoroughbred racehorses. Subotnick, 59, did not grow up around a racetrack, and he's not a gambler. He got into Thoroughbred racing at the urging of a friend and found the game intoxicatingly competitive as well as financially challenging.
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