The average price rose 17.9% from a year ago while the gross revenue remained about the same during the fifth session of the Conrad Jupiters Magic Millions yearling sale Jan. 11 on Australia's Gold Cost.
The gross revenue declined 38.6% and the average price fell 16.3% during the Conrad Jupiters Magic Millions yearling sale's first section, which ended Jan. 10 on Australia's Gold Coast. The clearance rate was 80.1%.
A Redoute's Choice - Bal Des Sirenes colt was the top seller Jan. 8 during the second session of the Conrad Jupiters Magic Millions yearling auction on Australia's Gold Coast. He brought Aust$620,000 (approximately $446,549 in U.S. funds) from trainer Kris Lees, who purchased the colt from Amarina Farm, which was the agent for his Victoria-based breeder, Wood Nook Farm.
An Encosta de Lago colt brought the top price of Aust$2million (approximately $1,429,380 in U.S. funds) during the opening session of the Conrad Jupiters Magic Millions yearling sale on Australia's Gold Coast January 7. Trainer Gai Waterhouse purchased the full brother to 2006 Australian champion Racing To Win from Coolmore Stud, agent.
Tattersalls' December sale ended quietly in England with a breeding stock session in which a 3-year-old colt, sold as a jumping prospect, topped trade at 65,000 guineas. The other figures for Dec. 4 were 139 horses sold, a gross of 656,650 guineas, an average price of 4,724 guineas, and a median price of 2,800 guineas. During the four-day breeding stock portion of the December auction, the 610 horses that sold grossed 33,355,150 guineas and averaged 54,681 guineas. The median was 12,500 guineas.
The Ocala Breeders' Sales Co. (OBS) recently revised the results for the 2008 August yearling sale on its Web site (www.obssales.com) because of new rules governing horse auctions in Florida that took effect in July. Sale companies now are required to disclose any horses that did not change ownership after being reported as sold.
Trade was selective at Tattersalls' one-day December yearling sale in England Nov. 24, with a clearance rate of 55% for the 103 lots that changed hands.
The catalog for the Conrad Jupiters Magic Millions yearling sale in Australia has been finalized and can be viewed online at www.magicmillions.com.au. There 1,327 horses entered in the auction, which begins Jan. 7, 2009. Other sessions will be held Jan. 8-11 and Jan. 15 and 16.
Fasig-Tipton's renovation and expansion of its Humphrey S. Finney Pavilion in Upstate New York will cost several million dollars, according to a Nov. 14 report in the Albany Business Review. In plans filed with the city of Saratoga Springs, the auction company's officials said they would use bluestone, slate, brick, and historic wood fencing to create a more upscale facility.
Fasig-Tipton has applied for a building permit to expand its sale pavilion in Saratoga Springs, N. Y., according to the company's president, Boyd Browning. Much of the work planned for the Humphrey S. Finney Pavilion, he said, is designed to bring the building "up to date" to comply with the existing codes for handicapped access.
Book 3 of Tattersalls' October yearling sale finished in England Oct. 17 with a 10,389-guinea average price, down 33% from last year, and a 7,000-guinea median price, which represented a 36% decline. The 271 horses that sold (from 414 offered) grossed 2,815,300 guineas.
A 72,000-guinea Kheleyf colt was the top lot during the opening session of Book 3 of the Tattersalls October yearling sale in England Oct. 16. Susan Hearn's Mascalls Stud had bought the colt for 10,500 guineas at Tattersalls in February, and he was resold to Italian agent Marco Bozzi.
The Tattersalls' Book 2 October yearling auction's record for the most expensive horse sold was exceeded twice by progeny of Danehill Dancer during a lively closing session Oct. 15 in England. A son of the Coolmore stallion brought 420,000 guineas and a daughter sold for 400,000 guineas.
A Marju - What a Picture colt topped the second session of Book 2 of Tattersalls October yearling sale in Newmarket, England, Oct. 14, bringing 170,000 guineas from Sheikh Hamdan's racing manager, Angus Gold. Agent Larry Stratton was the immediate underbidder on the colt, which was consigned by Willie Browne's Meadowlands Stud.
Sheikh Mohammed's adviser, John Ferguson, and Sheikh Hamdan's Shadwell Estates Co. dominated the top end trade in Newmarket, England, Oct. 13 during the opening session of Book 2 of Tattersalls' October yearling sale.
Book 2 of the Tattersalls October yearling sale begins in Newmarket, England, Oct. 13 sales company officials were hoping that the buoyant trade seen at Book 1 could continue.
A resilient book 1 of Tattersalls' October yearling sale finished with an average price of 121,515 guineas, just 5% down from last year, while the 85,000-guinea median rose 6%. The 49,821,000-guinea aggregate for the 410 horses sold (from 532 offered) Oct. 7-9 in England was down 23%, but the catalog was smaller than the 2007 edition.
John Magnier's Coolmore Stud buying team topped day two of Tattersalls' October yearling sale in England when spending 650,000 guineas on a Montjeu half-brother to dual French group I winner Vespone (by Llandaff). Blandford Bloodstock's Tom Goff was the immediate underbidder on the colt, which was consigned through Caroline Green's Templeton Stud to the Book 1 portion of the auction.
The Book 1 portion of Tattersalls' October yearling sale in England saw trade broadly on a par with last year during its first session. With this year's sale reduced from four days to three, Tattersalls did not issue comparative figures, but the 114,227-guinea average price Oct. 7 was down just 1% from the comparable figure on last year's opening day with a larger catalogue. The 80,000-guinea median price fell 7.5% and the 15,078,000-guinea turnover rose 3.5%.
Tattersalls officials were cautiously optimistic ahead of select book 1 of the October yearling sale, which starts Oct. 7 at Newmarket in England. There are 611 lots cataloged, 122 less than last year, and Tattersalls marketing director Jimmy George is hoping that the global economy will not have too great an impact.
Tony Bowling is "All In" for the 2009 2-year-old in training sale season. The Ocala, Fla.-based pinhooker has left long-time partner Bobby Dodd and has formed All In Sales agency.
Following sharp declines at its flagship Million sale, Goffs conducted its one-day Sportsman's yearling Oct 2 in Ireland, and it also fell short of its 2007 counterpart.
The key business figures fell short of their 2007 equivalents on the opening day of the Goffs Million yearling sale in County Kildare, Ireland.
Ireland's flagship yearling auction, the Goffs Million sale, gets under way at Kill in Co. Kildare Sept. 29. There are 657 lots in the catalog, 49 less than last year.
Tucked between a weekend of Breeders' Cup prep races and the California Cup showcasing the local product, California's fall select yearling sale offers a slimmer but more select catalog than in years past.
The huge Keeneland September auction provided the yearling selling season's biggest and stiffest test of the commercial appeal of new stallions' progeny. Because many young sires had a large number of offspring offered, their success depended less on a few carefully-selected top individuals and more on their ability to pass along good conformation consistently to their offspring.
Tattersalls plans to start offering online bidding for all sales at its Park Paddocks site in Newmarket, England.
The Keeneland September yearling sale closed out its 15-session run in Lexington with downturns in every key business figure and gross revenue that fell short of last year's total by a whopping $57,019,500. But even though the setbacks were significant, many participants in the auction were pleased by its performance at a time when the nation is reeling from a financial meltdown and there are growing economic woes abroad.
A U.S.-bred Sahm colt, which had been bought for $15,000 at Keeneland in January by Beech Tree Farm, rose in price to 80,000 euros (approximately $116,651) Sept. 23 to top the opening session of Tattersalls Ireland's September yearling sale.
Tattersalls Ireland stages the country's first yearling auction of 2008 Sept. 23 and 24. There are 504 lots cataloged for the September sale, which will be held at the company's Fairyhouse headquarters in County Meath.
The Breeders Sales Company of Louisiana's yearling sale is scheduled to offer more than 300 horses Sept. 29 at the Ike Hamilton Expo Center in West Monroe, La.
Participants in the Keeneland September yearling sale talk about falling prices for horses and the effects of America's growing financial crisis.
Saturday's session of the Keeneland September yearling sale was quite similar to the previous day's trading, as key indicators remained dramatically down from last year's figures.
Taylor Made Sales Agency will host its annual RNA sale and party at its Nicholasville, Ky., facility Sept. 17 from 5:30 p.m. until 9 p.m. (EDT). Horses that were bought back during the early sessions of the Keeneland September yearling sale will be offered during the event.
A $1.1-million Medaglia d'Oro filly that topped the fourth session of the Keeneland September yearling sale was resold privately by Keeneland officials to celebrity chef Bobby Flay Sept. 13 after the original purchaser and his client were unable to provide sufficient proof of credit, according to Keeneland vice president Harvie Wilkinson.
Buyers and consignors discuss the market at the Keeneland September yearling sale during first four days, but especilly during the third and fourth sessions.
Jim Craig, the goalie for the United States' 1980 "Miracle on Ice" hockey team at the Winter Olympics, stopped by the Keeneland September yearling sale Sept. 11.
No horses inspired buyers to pay dazzling seven-figure amounts during the third day of the Keeeneland September yearling sale in Lexington. But some of the results for the auction's first open session were encouraging after significant downturns during the two select sessions that kicked off the sale.
Doncaster's St. Leger Festival yearling sale began on a modest note on Sept. 11,with two £32,000 lots topping the session.
Dubai pumped more money into the select sessions of the Keeneland September yearling sale than it did a year ago even though Sheikh Mohammed's bloodstock manager, John Ferguson spent less. And buying entities associated with Dubai also bought more horses.
When the second session of the Keeneland September yearling sale ended Sept. 9, Olin Gentry and trainer Bob Baffert of Legends Racing rushed to the barn area to look at more horses and get ready for the next day's selling. It's been a busy auction, so far, for the new racing venture, whose formation was announced just prior to the Belmont Stakes (gr. I) in June when a presentation was made to potential investors in New York.
A fortnight after Doncaster's flagship St. Leger yearling sale in England, the South Yorkshire venue plays host to the two-day St. Leger Festival yearling sale on Sept. 10 and 11.
John Ferguson, the bloodstock manager Sheikh Mohammed, took a break from his busy schedule to talk to the media Sept. 9 during the second session of the Keeneland September yearling sale. He answered questions and responded to observations about Sheikh Mohammed's buying strategy during the auction and indicated that some people might be overanalyzing what he is doing.
Sheikh Mohammed's bloodstock manager, John Ferguson, had some advice for shoppers during the Keeneland September yearling sale's opening day, which suffered downturns of 16.8% in gross revenue and 7.7% in average price from 2007. "If somebody is thinking of buying a racehorse," he said, "this is a good time to do it because I think there will be value to be had throughout the course of the year. The market is probably a little sticky."
Michael Paulson said he hopes to find a partner that will let him keep a portion of Azeri's yearling colt to race.
Some people call the Keeneland September yearling sale a marathon because of its length: 15 sessions this year. Others think it's more like Walmart because of the large number of horses cataloged, which has risen to a record of 5,555. To Geoffrey Russell, Keeneland's director of sales, it's more like a Broadway show.
A member of one of the Thoroughbred industry's best known families has her first consignment at the Keeneland September yearling auction. Martine Head, who is selling under the banner of Longitude Farm, is a daughter of Alec Head, the patriarch of a French breeding and racing dynasty.
When the Keeneland September yearling sale opens in Lexington, things are going to get very interesting very quickly. Remember Playful Act (by Sadler's Wells), who brought a world record price for a broodmare of $10.5 million last November? Her first foal, a daughter of Giant's Causeway, is Hip No. 12 during auction's first session Sept 8.
For fans of Big Brown, the second session of the Keeneland September yearling sale in Lexington is the one you'll probably enjoy the most. Scheduled sell then is a half-sister to the Kentucky Derby Presented by Yum! Brands (gr. I) and Preakness (gr. I) winner. She's Hip No. 484, and she's one of the horses that could bring a lot of money Sept. 9.
Four days after the select session of the Canadian Thoroughbred Horse Society (Ontario division) yearling sale realized a small dip in average price, the preferred session boasted a 3% increase in average despite a large increase in the number of yearlings not sold and a drop in median price.
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