The equine marketplace took another step on the road to recovery as the Keeneland January horses of all ages sale posted huge gains in Lexington.
Thursday, January 12, 2012
Gross, average, and median during first session of January sale increase 30.4%, 16.6%, and 60%, respectively.
Monday, January 09, 2012
Keeneland has cataloged 1,594 horses for its four-day 2012 January horses of all ages sale, which is down 12.75% from the total 1,827 cataloged for the 2011 sale held over five days in Lexington.
Wednesday, November 30, 2011Chauncey Morris, a sales marketing associate at Keeneland, has been named chief executive officer of Thoroughbred Breeders of Australia.
Thursday, October 20, 2011
Racing legend has invested in the future, buying a Bernstein colt at Keeneland
Friday, September 30, 2011
Keeneland has cataloged 3,919 lots for its November breeding stock sale. The number is down 16.5% from last year's total of 4,695.
Thursday, September 29, 2011
Gross sales ended up 12.7% higher than a year ago, the average rose 18% to $76,511, and the median was up 20% to $30,000.
Saturday, September 24, 2011
The Keeneland September sale experienced what pinhooker Hoby Kight described as a "feeding frenzy" during its fifth session Sept. 15 in Lexington.
Thursday, September 15, 2011
Esther Marr provides the numbers from day 2 of the Keeneland September Sale and includes totals from the full 2 day select sale session. Esther also interviews Walt Robertson about the select sale.
Keeneland officials Aug. 10 announced that 4,319 horses have been cataloged for its September yearling sale, to be held Sept. 11-24.
Wednesday, August 10, 2011
Keeneland is returning its sale commission to the industry standard of 5%, 10 years after reducing it to 4.5%. The change will take effect with this year's September yearling auction in Lexington.
Tuesday, April 12, 2011
The Keeneland April sale of 2-year-olds in training generated figures that were close to last year's results, providing more evidence that the Thoroughbred marketplace is in the process of stabilizing.
Monday, April 11, 2011
The Keeneland sale of 2-year-olds in training April 11 in Lexington will close out this year's select juvenile selling season, which has produced mixed results.
Sunday, April 10, 2011The estate of the late Edward P. (Ned) Evans will disperse its Thoroughbred yearlings, weanlings, broodmares, and racing stock at Keeneland's September yearling and November breeding stock sales.
Friday, March 11, 2011
Keeneland Association officials have made several adjustments to the format for its 2011 September yearling sale.
Wednesday, February 16, 2011
Walt Robertson enjoyed his first day at a Keeneland auction in his new role as the Lexington company's vice president of sales.
Monday, January 10, 2011
Keeneland will introduce a new member of its management team and a new technological innovation designed to aid buyers during its January horses of all ages sale, which begins its five-day run in Lexington Jan. 10.
Saturday, January 08, 2011
Walt Robertson, who retired from Fasig-Tipton in November, will be going to work for that auction company's biggest rival, Keeneland, in the newly created position of vice president of sales.
Wednesday, January 05, 2011
Walt Robertson's retirement from the Thoroughbred auction business didn't last long. He'll go back to work Jan. 5 at Keeneland after leaving its biggest rival, Fasig-Tipton, in November.
Tuesday, January 04, 2011
Grey Goose Breeders' Cup Juvenile Fillies (gr. I) winner Awesome Feather is the Kentucky auction's top seller, bringing $2.3 million.
Sunday, November 07, 2010
The Fasig-Tipton Kentucky fall yearling sale, which ended its three-day run Oct. 27 in Lexington, generated results that were "totally expected," according to the auction firm's chairman Walt Robertson.
Wednesday, October 27, 2010
Median price declines 35.5% and the buy-back rate increases.
Tuesday, October 26, 2010
It's good news (I think) that Fasig-Tipton is moving its Florida sale of 2-year-olds in training to Palm Meadows, but it's bad news that Walt Robertson is retiring. I'll miss him.
Walt Robertson, a fixture in the auction stand at Fasig-Tipton sales for more than 30 years, will retire at the end of November.
Monday, October 11, 2010
Retired trainer Hal Wiggins will serve as the honorary chairperson for Blue Grass Farms Charities' annual fundraiser at Fasig-Tipton Co. in Lexington on Oct. 22.
Friday, September 17, 2010Gross, average, and median rise slightly; buy-back rate drops for New York-breds during first of two sessions Aug. 7 in Saratoga Springs, N.Y.
Saturday, August 07, 2010
Fasig-Tipton president Boyd Browning calls the Kentucky select auction a "solid" start to the yearling selling season.
Thursday, July 15, 2010
The Fasig-Tipton Kentucky July select yearling auction generated results in the opening session that indicated the market for young Thoroughbreds hadn't changed much since last year, according to the sale company.
Tuesday, July 13, 2010The auction firm's officials are pleased with the quality of the horses and have heard there are a number of horsemen interested in buying.
Saturday, May 15, 2010
The auction has attracted a large group of domestic and foreign buyers.
Sunday, February 28, 2010
The Fasig-Tipton Midlantic Eastern fall yearling might struggle like nearly every other Thoroughbred auction this year, but at least the buyers and consignors will have a newly renovated sale pavilion to enjoy Oct. 5 and 6 in Timonium, Md. According to Fasig-Tipton officials, there will be dramatic changes in the appearance of the once drab facility.
Friday, October 02, 2009Fasig-Tipton has cataloged 670 horses for its Midlantic Eastern fall yearling sale, which will be held in Timonium, Md., Oct. 5 and 6. The number is down 28% from 2008, when 930 horses were in the book and the auction was three days in length.
Thursday, September 03, 2009"I've never seen anything like this," said Holly Bandoroff of Denali Stud of a bizarre incident that involved a well-bred dark bay or brown filly, a bald man in a plaid shirt, at least three Fasig-Tipton officials, and several policemen during the second and final session of the Fasig-Tipton Saratoga select yearling sale in New York Aug. 11.
Wednesday, August 12, 2009
The Fasig-Tipton July select yearling sale, held July 20-21 in Lexington, ended with significant setbacks in gross revenue, average price, and median price, but managed to lower its buy-back rate from a year ago slighty. Read what sale company officials and sale participants had to say about the market.
Monday, July 27, 2009
Even though the stock market has been enjoying a recent rally, buyers and sellers of young horses aren't expecting a similar rebound in yearling prices. Heading into the Fasig-Tipton Kentucky July select auction, which kicks off the 2009 yearling selling season, some people were predicting further downturns of 30% or more in key business figures, mainly because the health of the overall economy, here and abroad, remains weak.
Sunday, July 19, 2009
Even in the midst of an economic crisis, there is hope for a solid performance from the Fasig-Tipton Midlantic sale of 2-year-olds in training, which is scheduled for May 18 and 19 in Timonium, Md. The bulk of the auction's catalog consists of reasonably-priced, blue-collar stock, and some of the other regional sales, which offered juveniles of the same type, generated results that were better than expected earlier this year.
Monday, May 18, 2009
Meeting people was a big part of Marcia Taylor's job at Fasig-Tipton, and she never got tired of making new acquaintances during her nearly 30 years with the Thoroughbred auction firm.
Tuesday, May 12, 2009
The Kentucky fall yearling sale is back on this year's Fasig-Tipton calendar after the auction firm's officials announced in mid-March that it had been canceled.
Wednesday, April 01, 2009
The Fasig-Tipton Florida select sale of 2-year-olds in training, held March 3 at Calder Race Course, suffered downturns of 25.5% in gross revenue, 31.5% in average price, and 34.8% in median price. The number of horses sold rose 8.8% while the buy-back rate dropped to 35.5% from 40.4% a year ago. Read what people at the auction had to say about the market:
Sunday, March 08, 2009
The fanciest juvenile sale in the world faces off against the biggest financial crisis since the Great Depression March 3 at Calder Race Course, and based on the results of other recent Thoroughbred auctions, prices probably will be down considerably.
Monday, March 02, 2009
When Dubai-based Synergy Investments purchased Fasig-Tipton last year, Sheikh Mohammed's bloodstock manager, John Ferguson, vowed the Kentucky-based auction firm would strive to offer higher levels of customer service. According to shoppers at Fasig-Tipton's Florida select sale of 2-year-olds in training, the company is fulfilling that promise.
Monday, March 02, 2009
Fasig-Tipton will catalog 272 horses for its Florida select sale of 2-year-olds in training, according to the company's chairman, Walt Robertson. The number is about the same as in 2008, when 270 horses were in the book.
Tuesday, January 20, 2009Fasig-Tipton has formed an advisory board of directors to assist the company's management in its auction ventures and other related initiatives in the Thoroughbred industry. Fasig-Tipton chairman Walt Robertson is chairing the advisory board, and Fasig-Tipton chairman emeritus D. G. Van Clief Jr. is a board member.
Thursday, November 20, 2008
Continuing the trend with the season's previous yearling sales, the 2008 Fasig-Tipton Midlantic Eastern Fall yearling sale ended its three-day run at the Maryland State Fairgrounds in Timonium, Md., Oct. 1 with downturns across the board and an increase in the buy-back rate.
Wednesday, October 01, 2008
The opening session of the 2008 Fasig-Tipton Eastern Fall yearling sale, Sept. 29 at the Maryland State Fairgrounds in Timonium, Md., took hits in key statistical areas, with gross and average falling, but the median remained steady.
Monday, September 29, 2008
Dan Pride, the new executive vice president and chief operating officer of Fasig-Tipton, is going back to his auction roots in the Thoroughbred industry.
Friday, September 05, 2008Officials of Barretts, Fasig-Tipton, Keeneland, and the Ocala Breeders' Sales Co. (OBS) announced in early September that they were banding together to make major changes in the under tack shows for their sales of 2-year-olds in training. Beginning in 2009, they said they would strictly regulate the use of whips by riders during workouts and would prohibit the use of front toe grabs on horses.
Friday, September 05, 2008When Dubai-based Synergy Investments purchased Fasig-Tipton earlier this year, the auction company's officials vowed that one of their goals would be to improve customer service. And Fasig-Tipton already has begun delivering on that promise.
Friday, September 05, 2008
Fasig-Tipton has restructured its senior management team, it was announced Sept. 2. The changes include the addition of one of Sheikh Mohammed's key employees in America, Dan Pride, to the auction firm's executive ranks.
Tuesday, September 02, 2008