The head of a major racing partnership group acknowledged the difficulties faced by the Thoroughbred industry, but indicated the primary thing the industry has to fear is itself.
The selling season for select 2-year-olds in training staggered out of the starting gate in Central Florida Feb. 17. The year's first major juvenile auction, the Ocala Breeders' Sales Co. February sale, suffered sobering setbacks of 29.3% in gross revenue, 33.7% in average price, and 28% in median price from a year ago. Another discouraging result was the buy-back rate, which soared from 28.2% in 2008 to 38.3%.
Boyers and consignors discuss the market at the Fasig-Tipton Saratoga select yearling auction, held Aug. 4 and 5 in New York.
The 2008 Fasig-Tipton Kentucky July yearling sale marked the first sale in which the auction company offered buyers the opportunity to have their horses tested for exogenous anabolic steroids.
West Point Thoroughbreds' Macho Again, winner of the Derby Trial and second to Big Brown in the Preakness (gr. I), will be pointed for the Belmont Stakes (gr. I), according to West Point founder and president Terry Finley.
The Fasig-Tipton Midlantic preferred sale of 2-year-olds in training suffered downturns in the number of horses sold, gross revenue, average price, and median price during Monday's opening session at Timonium in Maryland. The most expensive horse sold was a $230,000 E Dubai colt.
For Macho Again, the Preakness Stakes (gr. I) has been a will he or won't he proposition. Owner West Point Thoroughbreds had been considering the Ohio Derby (gr. III) for the son of Macho Uno, with the prospect of West Coast-based El Gato Malo going to the Preakness.
The Thoroughbred Owners and Breeders Association announced April 8 it will Webcast its New Owner Seminar held Feb. 22 in Hallandale Beach, Fla.
Prospective buyers and consignors at Keeneland Monday were mostly positive about the April sale of 2-year-olds in training and changes that have been made in the auction's format.
One year after the sale registered positive results in gross, average, and median price, optimism remains the key word going into the March 12 Barretts March select sale of 2-year-olds in training.
The juvenile selling season opens Tuesday with the OBS February select sale, and the mood in Central Florida has been upbeat.
West Point Thoroughbreds has decided to point grade II winner Awesome Gem, who finished third in this year's Breeders' Cup Classic - Powered by Dodge (gr. I), toward next year's $6-million Dubai World Cup (UAE- I).
Terry Finley, president of West Point Thoroughbreds, said Oct. 29 grade I winner Lear's Princess would not go through the sale ring Nov. 4 as originally planned and will be pointed toward a 2008 campaign on the racetrack.
While Terry Finley is flying high with his West Point Thoroughbreds having interests in five horses entered in the Oct. 26-27 Breeders' Cup World Championships, the owner and his partners are lying low with regard to one of their former trainers.
West Point Thoroughbreds president Terry Finley said the leader board in the 2-year-old division can change every week. Because of the unpredictable nature of juveniles, he does not put too much stock in any one race.
Despite the string of second-place finishes, Awesome Gem, who was bred in Kentucky by Runnymeade Farm Inc., Catesby Clay and Peter Callahan, has shown he can compete with the best. It gives Terry Finley hope he will surprise people in the Classic, even with such a deep field.
Many have attempted to dethrone racing's supreme monarch, Rags to Riches, this year, from the fairest of maidens to the bravest of knights. They all failed. But then, in the Sept. 15 Gazelle Stakes (gr. I), came a stately, kindhearted damsel named Lear's Princess, who dared to look the "Belle of Belmont" in the eye.
A bay filly by Medaglia d'Oro out of the Rahy mare Adorahy bought $265,000 to top the second session and the overall market at Fasig-Tipton's Preferred New York-bred Yearling Sale in Saratoga Springs Aug. 11.
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.
For the second time in the Triple Crown races this year, the West Point Thoroughbreds syndicate will be sending a runner postward when High Finance competes in Saturday's Belmont Stakes (gr. I).
An auction of Flashy Bull memorabilia that was part of his run in the 132nd Kentucky Derby, raised $5,450 for a pair of horse racing charities, West Point Thoroughbreds president and founder Terry Finley, announced Thursday.
A group formed under the name Empire Racing Associates will try to join up with partners to make a bid on the expiring franchise to run Aqueduct, Belmont and Saratoga race tracks.
The new and streamlined board of directors of Breeders' Cup believes it's prepared to tackle several major issues, including the organization's joint operating agreement with the National Thoroughbred Racing Association, a budget, and a possible increase in purses for the World Thoroughbred Championships.
Racing partnership company West Point Thoroughbreds, announced Monday it has finalized a marketing agreement making it the "Official Racing Partnership" of the Aladdin Resort & Casino in Las Vegas.
Richard Bomze was re-elected as New York Thoroughbred Horsemen's Association (NYTHA) president for his third term.
West Point Thoroughbreds' 3-year-old filly Yolanda B. Too, who lost a narrow decision to unbeaten Nothing But Fun in the Cotillion Handicap Oct. 1, was proclaimed to be on target for the $2 million Emirates Airline Breeders' Cup Distaff (gr. I) by trainer Rick Violette Jr. after a workout Monday morning at Aqueduct.
The Thoroughbred Thank You Fund, established by 1986 West Point graduate and retired Army officer Terry Finley, plans to bring 200 New York-based military personnel and West Point cadets to the Breeders' Cup World Thoroughbred Championships at Belmont Park Oct. 29. Included will be New York reservists from the 369th Harlem Hellfighters Battalion and the 69th Infantry, who recently returned from tours of duty in Iraq and Afghanistan.
West Point Thoroughbreds, one of racing's most successful racing partnership companies, announced the hiring of sports marketing executive Kerry Carlson as the company's first vice president of marketing.
The "Thoroughbred Thank You Fund" will bring New York-based military personnel and West Point cadets as special guests to the Breeders' Cup World Thoroughbred Championships at Belmont Park Oct. 29.
West Point Thoroughbreds' Seattle Fitz, first in three graded stakes this year, has been retired from racing because of an ankle injury.
The Breeders' Cup Limited announced the election of 13 members to its board of directors through the proportional shareholder voting system by Breeders' Cup foal and stallion nominators.
West Point Thoroughbreds' Seattle Fitz, who posted impressive back-to-back victories in the (gr. III) Schaefer at Pimlico and the (gr. II) Brooklyn Handicap at Belmont, will skip the Suburban Handicap (gr. I) on July 3 and make his next start in the $750,000 Whitney Handicap (gr. I) on Aug. 7 at Saratoga.
West Point Thoroughbreds' Seattle Fitz, the handy winner of the (gr. III) Schaefer Handicap at Pimlico on Preakness Day, will be entered in Saturday's $250,000 Brooklyn Handicap (gr. II) at Belmont Park, according to West Point president Terry Finley.
West Point Thorougbreds' Seattle Fitz, runner-up to Medaglia d'Oro in the Feb. 7 Donn Handicap (gr. I) at Gulfstream Park, worked four furlongs in :47 1/5 at Palm Meadows Training Center March 29 in preparation for the April 3 Gulfstream Park Handicap (gr. II).
Seattle Fitz held off even-money favorite Evening Attire for a nose victory in the $110,000 Aqueduct Handicap (gr. III) Saturday at Aqueduct.
After a substantial absence, TVG is back in the feature-story business. On Sunday, Feb. 16, the network will air the first installment of a two-part series titled "In Training: The Sales," which will conclude the following evening. Airtime both nights is 8-8:30 p.m. ET.
WinStar Farm has purchased a majority interest in the juvenile colt Erinsouthernman from West Point Thoroughbreds. Erinsouthernman most recently finished third in the Oct. 5 Champagne Stakes (gr. I) at Belmont Park.
West Point Thoroughbreds, an American-based operation that puts together partnerships for racing and pinhooking, purchased two of the most expensive horses Saturday at the Emirates Racing Association's third Pearls of Dubai international sale in Dubai.
Brief items on racing and breeding.
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