Sheikh Mohammed

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Industry Closely Watches Dubai Debt Crisis

Industry Closely Watches Dubai Debt Crisis

The debt crisis in Dubai was being closely monitored Nov. 27 by buyers and sellers of high-end Thoroughbreds, but there was no immediate indication Dubai's ruler would scale back his enormous financial ties to the industry in the United States and elsewhere.

Burning Keeneland Questions and Some Answers

Burning Keeneland Questions and Some Answers

One day prior to the Sept. 14 start of the Keeneland September yearling sale in Lexington, there was a lot of uncertainty about how the market would perform at a time when the economy was continuing to struggle. There also were some questions about what was going on around the sale grounds. Here they are, and here are their answers.

Ferguson Buys Arqana Sale Session Topper

Sheikh Mohammed's bloodstock manager, John Ferugson, who was the biggest spender at the recent Fasig-Tipton Saratoga select yearling auction, was busy again Aug. 14 during the opening session of the Arqana's Deauville August yearling sale in France. He bought the session-topping Storm Cat colt for 900,000 Euros ($1,282,860 in U.S. funds) from Etreham.

Mo Momentum: Sheikh Boosts Saratoga Sale

Mo Momentum: Sheikh Boosts Saratoga Sale

Boosted by the Sheikh Mohammed stimulus package, the Fasig-Tipton Saratoga select yearling sale got off to a sizzling start Aug. 10 in New York at a time when the struggling economy is causing prices to fall at other Thoroughbred auctions. The gross revenue for the 76 horses that sold was $25,470,000, which was a whopping 40.3% increase from the opening session a year ago. The average price grew 10.7% to $335,132, and the median price increased 6.4% to $250,000.

Sheikh Mohammed in Saratoga for Sale

Sheikh  Mohammed in Saratoga for Sale

Sheikh Mohammed, the world's biggest Thoroughbred auction spender, inspected yearlings consigned to the Fasig-Tipton Saratoga select yearling sale the morning of Aug. 10, just hours before the 6 p.m. (EDT) start of the New York auction. As a light rain fell, the ruler of Dubai looked at some horses while standing under the cover of the new walking ring. He previously had visited the Fasig-Tipton sale grounds early in the evening on Aug. 9.

F-T July Drops, But 'Medaglia' Fillies Shine

F-T July Drops, But 'Medaglia' Fillies Shine

Fasig-Tipton's July select yearling sale ended with a bang instead of a whimper in Lexington, getting a boost from the progeny of the hot stallion Medaglia d'Oro. Even though the key business figures were down from the previous year, the final day produced the auction's highest price and results that were stronger than the opening day's statistics.

Time Machine Sets Pace at Tattersalls

Time Machine Sets Pace at Tattersalls

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.

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