The Keeneland November breeding stock sale produced few surprises. Everybody knew that business was going to be down, and, as expected, the declines were steep in virtually every statistical category. Gross revenue plummeted 40.5%. The average price dropped 22.5%. And the median fell 23.1%.
The market didn't collapse during the first session of the Keeneland November breeding stock sale. But it was clear from the early results the auction would not keep pace with last year's edition, which established a November record for average price and piled up gross revenues of more than $300 million for the second time in its history.
They saved the best for last during Monday's opening session of the Keeneland November Breeding Stock Sale, as two of the day's top prices came in the waning moments of the day. In the end, Brushwood Stable's Elizabeth Moran went away with the top prize, purchasing the dam of grade I winner A P Valentine for $4-million.
It's been 24 years since Seattle Slew became the 10th Triple Crown winner and 17 years since a son of his (Swale) won the Kentucky Derby (gr. I). The Derby arguably is the toughest of all races to win, and any horse who attempts to handle the 1 1/4 miles the first Saturday in May at Churchill Downs against as many as 19 rivals needs a competent trainer and jockey, along with the proper blend of speed and stamina, and a good deal of racing luck. With all that in mind, it's time to take a look at one of Seattle Slew's grandsons, A P Valentine, and see how he fits into the Derby picture.
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