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.
While the plunging economy was pounding other mixed sales late in 2008, the Fasig-Tipton November select auction generated spectacular results. The gross revenue rose 35.1% from the previous year while the average price and median prices increased 58.8% and 38.9%, respectively.
Fasig-Tipton Midlantic has catalogued 344 entries for its 2009 Mixed Sale at the Maryland State Fairgrounds in Timonium Dec. 7.
Fasig-Tipton, which introduced its virtual catalog concept last year for its Kentucky November select mixed sale, has made a number of technical enhancements since then. The improvements can be seen in the virtual catalog for this year's edition of the November auction, which appears on the sale company's Web site: www.fasigtipton.com.
A weanling filly by City Zip sold for $55,000 to top the New York Breeders Sales Company's fall breeding stock sale Oct. 18 at Saratoga Race Course. New Jersey bloodstock agent Buzz Chace, acting on behalf of West Point Thoroughbreds, purchased her from Waldorf Farm, agent.
Taffy Davenport, who finished second in the 1998 Delaware Oaks, brought the top price of $6,000 during the Breeders Sales Company of Louisiana's mixed sale Oct. 17 at Serenity Farm in Folsom, La. Hay Hollow Racing Stable purchased the 14-year-old daughter of Miswaki from Simpson Farm, agent.
The Fasig-Tipton Texas winter mixed sale will be held Dec. 14, a day later than originally planned, at Lone Star Park.
The Breeders Sales Company of Louisiana will conduct a mixed sale Oct. 17 at Serenity Farm in Folsom, La. There are 146 horses in the catalog.
The Ocala Breeders' Sales Co.'s fall mixed sale ended its two-day run Oct. 13 in Central Florida with moderate losses of 12.8% in its average price and 6.7% in its median price. There was a smaller catalog than in 2008, when the auction was three days long, and that contributed to a 30.7% plunge in gross revenue and a 20.6% decline in the number of horses sold.
A weanling colt in the first crop of 2006 Belmont Stakes (gr. I) winner Jazil brought $77,000 to top the consignor preferred session of the Ocala Breeders's Sales Co. fall mixed auction Oct. 12 in Central Florida. The sale opened its two-day run in Central Florida with downturns of 24% in gross revenue, 39% in average price, and 50% in median price from last year.
Fasig-Tipton has cataloged 153 horses for its November select mixed sale, which will be held in Lexington Nov. 10, beginning at 5 p.m. The number is down 18.6% from last year's total of 188.
The Ocala Breeders' Sales Co.'s 2009 fall mixed sale, which begins its two-day run Oct. 12 in Central Florida, has 688 horses in its catalog. The consignor preferred session, with 290 horses cataloged, is scheduled for the opening day. An open session with the rest of horses is set for Oct. 13.
The Ocala Breeders' Sales Co. has cataloged 688 horses for its two-day fall mixed sale in Central Florida. There will be a consignor preferred session Oct. 12 with 290 lots, and it will be followed by an open session Oct. 13. Selling will begin on both days at 10:30 a.m. (EDT).
The stakes-winning filly Burgeis brought Aust$310,000 ($256,525 in U.S. funds) Aug. 13 to top the opening session of the William Inglis & Son Melbourne August mixed sale in Australia. James Bester Bloodstock purchased the 4-year-old daughter of Catbird from Blue Gum Farm.
Breeders Sales Company of Louisiana will conduct a mixed auction on Oct. 17 at Serenity Farm in Folsom, La. The deadline to enter horses is Aug. 14. Consignment forms can be downloaded from the Louisiana Thoroughbred Breeders Association Web site: www.louisianabred.com.
The Fasig-Tipton Kentucky fall select mixed sale will be conducted during two evening sessions on Nov. 9 and 10, a Monday and a Tuesday, in Lexington. That format is a change from recent years, when the auction had been held on a Sunday night.
Coolcullen Times, a 3-year-old son of Rock of Gibraltar, brought the top price of the day and the sale of 155,000 guineas as the Tattersalls July mixed auction ended its three-session run July 9 in England.
Time Machine, a 3-year-old Halling gelding, was the most expensive horse sold on the second day of the Tattersalls July mixed sale in England, bringing 95,000 guineas. Irish trainer Robbie Hennessy purchased Time Machine on July 8 from trainer John Gosden's Clarehaven Stables.
The William Inglis & Son Melbourne March mixed sale ended at Oaklands in Australia March 13 with a clearance rate of 91%. The 329 horses that sold grossed Aust$1,369,600 (approximately $887,487 in U.S. funds). The average price was Aust$4,163 ($2,698), and the median price was Aust$2,200 ($1,426).
The William Inglis & Son Melbourne March mixed sale opened at Oaklands in Australia March 12, and the Woodman mare Light of Day topped the first session when she brought Aust$45,000 (approximately $29,107 in U.S. funds).
Sarissa, a 12-year-old Diesis - Wonderous Minstrel mare, brought the top price of 32,000 euros (approximately $40,489 in U.S. funds) during the Arqana February mixed sale at Deauville in France. French agent Abeth Mussat purchased her from Haras d'Etreham. Sarissa, who is in foal to Dylan Thomas, has produced two winners in Japan, Rock of Sarissa (by Rock of Gibraltar) and Loulan Reverse (by Montjeu).
Prices tumbled at the the Fasig-Tipton Kentucky winter mixed sale Feb. 9 in Lexington, following the downward trends that have been seen at other recent auctions. The average price dropped 42.8% while the median price fell 28.6%. A much smaller sale catalog than in 2008 contributed to the 62.9% decline in the gross revenue.
The 2008 Fasig-Tipton Kentucky winter mixed auction posted an 18.9% gain in average price. The gross revenue rose 1.9% while the median price remained the same as in 2007. But this year's edition of the sale, scheduled for Feb. 9 in Lexington, isn't expected to perform as strongly.
Sky Gate, a 3-year-old son of Arch, brought 47,000 guineas to top the Tattersalls February mixed sale in England. Bloodstock agent Hugo Merry, acting on behalf of American trainer Marty Wolfson, purchased the bay colt.
Barretts opens its 2009 selling season with a January mixed sale on the grounds of Fairplex Park in Southern California. The auction, which has more than 300 horses in its catalog, begins at 11 a.m. (PST) Jan. 26.
The final results of the Keeneland January horses of all ages sale in Lexington were sobering, with setbacks of 53.4% in gross revenue, 48% in average price, and 44.1% in median price from a year ago. But they weren't anything new to the people who market Thoroughbreds.
Tattersalls has cataloged 222 lots for its February mixed sale, which will be held Feb. 5 in England. The catalog can be viewed online at www.tattersalls.com.
Splash of Vanilla, believed to be the only Thoroughbred registered as a palomino that has ever been cataloged for a Keeneland sale, was sold for $14,000 to Dr. Naveed Chowhan during the final session of the January horses of all ages auction in Lexington. Chip Muth of Georgetown, Ky., signed the sale ticket for the 2-year-old filly with the golden coat Jan. 17.
White Prince, whose $60,000 price topped the fifth session of the Keeneland January horses of all ages auction in Lexington Jan. 16, did not go to a new home. The transaction was voided because the buyer had not established credit at the level at which the yearling colt was sold, according to Keeneland vice president Harvie Wilkinson.
Florida-based pinhooker Christy Whitman bought what she thought was a unique yearling during the fifth session of the Keeneland January horses of all ages auction, and she's hoping that shoppers at a future sale will be attracted by his white coat color, which is unusual for a Thoroughbred.
A Street Cry yearling filly was the only horse to bring a six-figure amount as the gross revenue, average price, and median price dropped dramatically for the fourth consecutive day at the Keeneland January horses of all ages sale in Lexington.
Read what participants in the Keeneland January horses of all ages sale had to say during the auction's fourth session Jan. 15 in Lexington.
Splash of Vanilla, believed to be the first Palomino Thoroughbred entered in a Keeneland auction, arrived on the sale grounds in Lexington Jan. 15 around noon and then settled down in Barn 24. The 2-year-old filly is scheduled to be offered as Hip. No. 2176 during the Jan. 17 final session of Keeneland's horses of all ages sale.
Session three of the Keeneland January horses of ages sale in Lexington was brightened by the most expensive yearling sold so far, a $390,000 son of Maria's Mon. But the auction's key business figures remained grim when compared to 2008's results.
Read what consignors and buyers had to say about the market at the Keeneland January horses of all ages sale.
A Maria's Mon colt became the highest-priced yearling sold at the Keeneland January horses of all ages sale so far when he was purchased for $390,000 by Florida pinhooker Jimmy Gladwell in the name of Ferguson Valley Ranch Jan. 14 in Lexington. The immediate underbidder on the handsome chestnut was Brian Graves, who is the director of public sales for the Beck family's Kentucky-based Gainesway Farm.
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%.
One day after buying back Azeri for $4.4 million at the Keeneland January horses of all ages sale, Michael Paulson indicated that the 2002 Horse of the Year would be remaining under the control of the Allen E. Paulson Living Trust even though he had expressed a desire to sell her privately.
Fasig-Tipton has catalogued 306 horses for the Kentucky winter mixed sale, which will be held in Lexington Feb. 9. The auction will begin at 10 a.m. (EST).
Grade I winner Island Fashion, who is in foal to 2004 Horse of the Year Ghostzapper, sold for $950,000 around noon during the Jan. 12 opening session of the Keeneland January horses of all ages auction in Lexington. Naohiro Hosoda of the Shadai Corp. wrote the name of Katsumi Yoshida, the owner of Northern Farm in Japan, on the sale ticket.
Even though it's a new year, the Ocala Breeders' Sales Co. winter mixed sale was the victim of the same worldwide economic crisis that caused prices at many Thoroughbred auctions to plummet late in 2008. The gross revenue plunged 57.7% from a year ago while the average price and median price dropped 39.6% and 45.5%, respectively.
Domino Stud of Lexington is streamlining its operations. More than 20 horses, including Domino's breeding stock, will be offered at the Keeneland January horses of all ages sale through Meg Levy's Bluewater Sales.
The Ocala Breeders' Sales Co. (OBS) winter mixed sale suffered downturns of 63% in its average price and 74.4% in its median price from a year ago as it opened with a consignor preferred session Jan. 6 in Central Florida. The gross revenue dropped 43% even though the number of horses sold was up 54.1% from 2008's first day total.
Barretts has cataloged 315 horses for its 2009 January mixed sale. The auction will be held Jan. 26 in the Hinds Pavilion, which is located on the grounds of Fairplex Park in Southern Caliofornia. The sale will begin at 11 a.m. (PST).
The Fasig-Tipton Texas December mixed sale, which was the last major Thoroughbred auction of the year in this country, followed the downward trend that has plagued the equine marketplace in recent months. The gross revenue plummeted 46.7% Dec. 14 compared to a year ago, while the average price dropped 36%. The median declined 14.3%.
The Fasig-Tipton December mixed sale, this country's last major Thoroughbred auction of the year, will be held Dec. 14 at Lone Star Park in Grand Prairie. There are 221 horses listed in the catalog: 142 broodmares or broodmare prospects, 44 weanlings, and 35 yearlings or horses of racing age.
Barretts Equine Ltd., based at Fairplex Park in Southern California, doesn't have an October mixed sale listed on its 2009 auction schedule. The struggling American economy and downturns in the Thoroughbred marketplace contributed to the decision not to hold the sale, according to Barretts president and general manager Jerry McMahon, who recently announced his resignation from the company.
The Fasig-Tipton Midlantic December mixed sale, like many other auctions lately, suffered significant downturns in business. Compared to 2007, the gross plunged 43.1% Dec. 8 in Timonium, Md. However, the average price and median price experienced less severe losses, dropping 12.3% and 14.3%, respectively.
The Ocala Breeders' Sales Co. has cataloged 613 horses for its 2009 winter mixed sale. The auction will be held Jan. 6 and 7 in Central Florida.
Goffs' seven-day November Sale gets under way at Kill, Co. Kildare, Ireland Nov. 16. There are 1,281 lots catalogued for the foal section running from Nov. 16 to Nov. 20, with trade likely to be highly selective from wary pinhookers before the better offerings appear later in the week.
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