Horsemen discussed the tough market at the Keeneland November breeding stock sale during its second session Nov. 4 in Lexington.
The opening session of the Keeneland November breeding stock sale generated some fireworks, but the results were a lot less spectacular than in 2007 when the gross revenue ($109,064,000) and the number of horses sold for $1 million or more apiece (28) established world Thoroughbred auction records for a single sale session. Also last year, Playful Act set a $10.5-million world mark for a broodmare or broodmare prospect, which since has been eclipsed by Better Than Honour's $14-million price.
Ermine, winner of the 2007 Apple Blossom Handicap (gr. I), sold for $1.3 million early during the Nov. 3 opening session of the Keeneland November breeding stock sale in Lexington. Shunsuke Yoshida signed the sale ticket, acting on behalf of his father, Katsumi Yoshida, who owns Northern Farm in Japan.
Even though we're in the midst of a global financial crisis, a special horse can still bring a jaw-dropping amount. Better Than Honour, the dam of back-to-back Belmont Stakes (gr. I) winners Jazil and champion Rags to Riches, set a world Thoroughbred auction record for a broodmare or broodmare prospect Nov. 2 when her price soared to $14 million during the Fasig-Tipton November select mixed sale in Lexington.
Stardom Bound, winner of the Bessemer Trust Breeders' Cup Juvenile Fillies (gr. I) and the probable champion 2-year-old filly, brought $5.7 million from IEAH Stables, which is headed by Michael Iavarone and Richard Schiavo, late in the afternoon of Nov. 2 at the Fasig-Tipton Kentucky November select mixed sale. Her new trainer will be Rick Dutrow, who conditioned recently retired Kentucky Derby Presented By Yum! Brands (gr. I) and Preakness Stakes (gr. I) winner Big Brown for IEAH and partners.
Grade I winner Madcap Escapade, in foal to A.P. Indy, sold for $3.1 million Nov. 2 to kick off the Fasig-Tipton Kentucky November select mixed auction in Lexington. Cataloged as Hip No. 2, Madcap Escapade was the first horse in the sale ring because Hip No. 1, grade I winner Great Hunter, was scratched.
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.
Vacare, winner of the 2006 Queen Elizabeth II Challenge Cup Stakes (gr. IT) and an earner of $1,123,706, has been scratched from the Keeneland November breeding stock sale because of the struggling economy and downturns at many recent Thoroughbred auctions, said the mare's co-owner, Jon Kelly, Oct. 30.
The Keeneland November breeding stock sale traditionally has been a market primarily for broodmares and weanlings, but a growing segment of the auction in recent years has been horses in training.
Hystericalady, a grade I winner and an earner of $2,390,556, is scheduled to be offered (as Hip No. 53) on the opening day of the Keeneland November breeding stock sale Nov. 3. She comes into the auction after a fifth-place finish in the Oct. 24 Breeders' Cup Ladies Classic (gr. I), which was won by the undefeated Zenyatta.
Charles Cono's Stardom Bound, winner of the Bessemer Trust Breeders' Cup Juvenile Fillies (gr. I), will be offered as planned at the Fasig-Tipton Kentucky November select mixed sale Nov. 2, said her trainer, Christoper Paasch Oct. 29.
A number of female runners that competed in the Breeders' Cup World Championships at Santa Anita Park are entered in the upcoming Fasig-Tipton November select mixed and Keeneland November breeding stock sales in Lexington. By far the most successful was Stardom Bound, who scored in the Bessemer Trust Juvenile Fillies (gr. I) as the favorite. She is Hip No. 65 in the Fasig-Tipton auction, which is scheduled for Nov. 2.
Ariege, winner of this year's Santa Anita Oaks (gr. I), will be offered at the Fasig-Tipton Kentucky November select mixed sale. She will be consigned by Hidden Brook and will be Hip No. 157A in the auction, which will be held Nov. 2 in Central Kentucky.
Tennessee equestrian and horse breeder Lisa Cook wanted a Thoroughbred mare to breed to her Thoroughbred stallion, but perceived high prices always prevented her from buying one at high profile auctions such as Kentucky's Keeneland sale. But since the economy drove prices at this year's Keeneland September yearling sale downward, sport horse enthusiasts like Cook might be thinking differently.
Zayat Stables has 90 horses cataloged in Eaton Sales' consignment for the Keeneland November breeding stock sale. They include 2007 Santa Ysabel Stakes (gr. III) winner Baroness Thatcher and Premium Wine, who scored in the 2007 Gallant Bob Handicap at Philadelphia Park and finished third in the 2008 Carter Handicap (gr. I) at Aqueduct.
Fasig-Tipton has launched a full online version of its November select mixed sale catalog, featuring 188 offerings. The technology includes race videos of graded winners and a unique "book-like" interface that allows the user to turn virtual pages.
Away, the dam of the ill-fated Eight Belles, has been entered in the Keeneland November breeding stock sale. An 11-year-old daughter of Dixieland Band, Away is Hip No. 271 and will be offered during the auction's opening session Nov. 3 in Lexington. She is in foal to Eight Belles's sire, Unbridled's Song.
Keeneland has cataloged 5,709 horses for its November breeding stock sale, setting a world record for a Thoroughbred auction. The total exceeds the previous mark of 5,555 for this year's Keeneland September yearling sale and is up by 294 lots from the former November sale mark of 5,415.
Better Than Honour, the 2007 Kentucky Broodmare of the Year, will be the last horse through the ring during the Fasig-Tipton Kentucky November select mixed sale, which has 188 lots in its catalog. The auction will be conducted Nov. 2 in Lexington beginning at 3 p.m. (EST).
Grade I winners Panty Raid and Honey Ryder, along with La Comete, the dam of grade I-placed Munnings, will be offered during the Fasig-Tipton Kentucky select mixed sale Nov. 2 in Lexington.
Keeneland's record-setting November breeding stock came to a close Nov. 19, setting a new standard for gross receipts of $340,877,200.
Buyers at the eighth session of the Keeneland November breeding stock sale kept things rolling Nov. 12, pushing the gross, average, and median towards positive gains in a session-to-session comparison over 2006.
The fourth session of the Keeneland November breeding stock sale produced mixed results, but the cumulative gross revenue and average price continued to remain well ahead of last year's pace in Lexington.
Gross revenue climbed at Keeneland during the second session of the November breeding stock sale while the mare Island Sand sold for $4.2 million.
The opening session of the Keeneland November breeding stock sale Nov. 5 featured Playful Act's world record auction price of $10.5 million, which made her the most expensive broodmare or broodmare prospect ever sold.
Running notes of the highlights of the Keeneland November sale, which began Nov. 5 and include a world-record price for a broodmare.
The opening session of the 2007 Keeneland November mixed sale got off to a strong start Nov. 5 with a host of top-class broodmares and broodmare prospects selling for seven-figures during the first five hours of action.
Round Pond, at $5.75 million, helps the Fasig-Tipton November select mixed sale post sizable increases in its average and median price.
Round Pond sold for $5.75 million during the Fasig-Tipton Kentucky November select mixed sale.
Pussycat Doll sold for $2.4 million during the Fasig-Tipton Kentucky November select mixed sale.
Maryfield sold for $1,250,000 during the Fasig-Tipton Kentucky November select mixed sale.
Indy Five Hundred sold for $3 million as Fasig-Tipton November select mixed sale got under way.
Participants in the Keeneland November breeding stock sale were generally optimistic heading into the auction's 15-day run that begins Monday.
While the financial fireworks might not be as spectacular as they were a year ago at the Keeneland November breeding stock sale, consignors and sale company officials still are expecting prices to be solid.
Grade I winner Sligo Bay was represented by his first stakes winner Oct. 11, when Craig Singer's Wind In My Wings took the $150,000 JPMorgan Chase Jessamine Stakes at Keeneland for trainer Reade Baker.
Keeneland's November breeding stock sale will have 15 sessions and 5,415 lots.
Fasig-Tipton Kentucky announced that some big name broodmares and broodmare prospects will be offered at its November sale.
The Keeneland November breeding stock sale will have its largest catalog ever, according to Keeneland's associate director of sales, Tom Thornbury.
Ireland's Goffs November sale, Nov. 13-19, saw buoyant trade with strong demand for both foals and mares during the seven-day event.
An internationally broad base of buyers spent a near-record $313,843,800 for 3,147 lots during the Keeneland November breeding stock sale, which concluded Sunday.
The partnership that owns the weanling half-sister to recent Bessemer Trust Breeders' Cup Juvenile (gr. I) winner Street Sense bought back the Distorted Humor filly for $850,000 Friday during the fifth session of the Keeneland November breeding stock sale in Lexington.
Bruce Lunsford has nearly completed a deal with John Sikura of Hill 'n' Dale Farm near Lexington to buy back a half-interest in Madcap Escapade and the Pulpit foal she is carrying.
The fireworks sparked by seven-figure prices ended Wednesday at the Keeneland November breeding stock sale in Lexington. But the third session increased in gross revenue and median price from a year ago while maintaining the average price and decreasing the buy-back rate.
Lemons Forever, the longshot winner of this year's Kentucky Oaks (gr. I), was scheduled to be sold following her run in the Nov. 4 Emirates Airline Breeders' Cup Distaff (gr. I). But she never left her stall in the Churchill Downs barn of trainer and co-owner Dallas Stewart.
Bidding was hot during the Fasig-Tipton Kentucky November select mixed sale Nov. 5 in Lexington.
Hoping to build on the momentum of a record-breaking September yearling sale and fall race meeting, Keeneland kicks off its 63rd annual November breeding stock sale on Monday, two days after the Breeders' Cup World Championships at Churchill Downs.
Season to Afleet Alex also in catalogue.
Daniel A. Herrmann's Emerald Earrings, winner of this year's West Long Branch and Monmouth Beach Stakes at Monmouth Park, has been retired from racing. The 5-year-old daughter of Helmsman will be offered in the Keeneland November breeding stock sale.
Kentucky-based Taylor Made Sales Agency has improved on its world record for gross generated by a consignor during a single public auction.
Heat Lightning lit up the bid board at Keeneland Thursday, selling for $1.1 million at the November breeding stock auction in Lexington less than two weeks after her son, Stevie Wonderboy, captured the Bessemer Trust Breeders' Cup Juvenile (gr. I).
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