Yearling Sale

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Galileo Filly Sets Pace at Tattersalls

A Galileo filly topped the one-day yearling portion of the Tattersalls December sale in England, bringing 275,000 guineas ($480,000) Nov. 23. She was one of the 153 horses that sold for a gross of 3,486,700 guineas $6,077,000), which represented an increase of 75% from last year. The average price of 22,789 guineas ($39,700) and the median price of 11,000 guineas ($19,170) were up 18% and 29%, respectively.

F-T Ky. Fall Yearling Sale Rebounds

F-T Ky. Fall Yearling Sale Rebounds

The Fasig-Tipton Kentucky fall yearling sale bucked the prevailing negative trends in the Thoroughbred marketplace to post increases of 9.1% in median price and 5.7% in gross revenue during its three-day run that ended Oct. 28 in Lexington.

Fasig-Tipton Makes Stem Cell Announcements

People listening closely to the announcements from the auction stand during the Fasig-Tipton Kentucky fall yearling sale heard something new during the auction's three-day run (Oct. 26-28) in Lexington. For the first time, Fasig-Tipton told prospective buyers when a horse's stem cells had been collected and stored.

Median Continues to Rise at F-T Ky. Sale

Median Continues to Rise at F-T Ky. Sale

Leonard Lavin's Florida-based Glen Hill Farm was a powerful buying force during the Fasig-Tipton Kentucky fall yearling sale's second session, which generated a median price that was up 25% from a year ago. The average price fell 4.4% while the gross revenue declined 12.3% Oct. 27 in Lexington.

Median Up 20% at F-T Ky. Fall Yearling Sale

Median Up 20% at F-T Ky. Fall Yearling Sale

The news wasn't all bad during the opening session of the Fasig-Tipton Kentucky fall yearling sale Oct. 26 in Lexington. The median price increased 20% from 2008 while the buy-back rate was down significantly. The results also included downturns of 11% in gross revenue and 6.4% in average price, but they weren't nearly as severe as those suffered by many other yearling auctions earlier in 2009.

F-T Ky. Fall Yearling Sale Has Sire Power

F-T Ky. Fall Yearling Sale Has Sire Power

Fasig-Tipton's Kentucky fall yearling sale isn't as fancy as the company's Saratoga and Kentucky July select auctions, but as a producer of Kentucky Derby Presented By Yum! Brand (gr. I) winners, it stands out. Big Brown, who captured the Run for the Roses in 2008, and Mine That Bird, who scored in the first leg of the Triple Crown this year, both are graduates of the October sale.

Tatts Book 3's Final Average Down 20%

Book 3 of the Tattersalls October yearling sale ended Oct. 16 in England with a downturn from 2008 of 13.2% in gross revenue. The average price dropped 20%, and the median price was down 16.4%. The buy-back rate fell from 34.5% last year to 28.6% this year.

Tatts' Book 3 Begins With 8.5% Drop in Gross

Book 3 of the Tattersalls October yearling sale started Oct. 15 in England with declines from the previous year of 8.5% in gross revenue, 17.4% in average price, and 12.5% in median price. The buy-back rate fell from 31.9% in 2008 to 23% this year.

Tatts' Book 2 Ends With Increase in Gross

Tatts' Book 2 Ends With Increase in Gross

Book 2 of the Tattersalls October yearling sale crossed the finish line of its three-day run in England Oct. 14 with a gross that was up 4.5% from a year ago. The average price declined 12.2% while the median price fell 13.8%. The buy-back rate droppped from 29.2% in 2008 to 17.3% this year, which meant that more than 80% of the horses offered found new homes.

Gross and Average Rise at Tattersalls

Colts by Selkirk and Invincible Spirit led the way Oct. 13 during the second session of Book 2 of the Tattersalls October yearling sale, which enjoyed upswings in gross and average price. Each colt sold for 260,000 guineas.

Gross Rises as Tatts Book 2 Sale Opens

The number of horses sold rose 25.6% from 2008 and the gross revenue increased 11.2% during the opening session of Book 2 of the Tattersalls October yearling sale in England Oct. 12. Meanwhile, the average price fell 11.5% while the median price declined 16.7%.

Harlan's Holiday Colt Sells for $300,000

Harlan's Holiday Colt Sells for $300,000

A Harlan's Holiday colt became the top-priced horse sold at the Fasig-Tipton Midlantic Eastern fall yearling sale so far when he commanded $300,000 during the auction's second session Oct. 6 in Maryland. Francis Vanlangendonck of the Summerfield sales agency signed the sale ticket on behalf of Florida pinhooker Nick de Meric. Samantha Siegel of Jay Em Ess Stable and Alan Quartucci of North Shore Bloodstock also were in the hunt for the striking bay yearling, which went through the sale ring early in the afternoon.

Malibu Moon Colt Brings $120,000 at F-T Sale

The Fasig-Tipton Midlantic Eastern fall yearling auction got a new top price just before 1 p.m. (EDT) Oct. 6 when a Not For Love colt sold for $120,000 to Samantha Siegel of Jay Em Ess Stable during the sale's second session in Maryland. The previous high -- $117,000 for a Malibu Moon -- Two Chimneys colt -- came during the opening session Oct. 5.

Buy-Back Rate Down at FT Midlantic Sale

Buy-Back Rate Down at FT Midlantic Sale

The Thoroughbred market's dismal downward trend this year continued during the opening session of the Fasig-Tipton Midlantic Eastern fall yearling sale Oct. 5 in Maryland. The gross revenue suffered a moderate 9.5% loss from 2008, but the median price plummeted 35% while the average price fell 19.4%.

Reviews Positive for Sale Pavilion Upgrades

Reviews Positive for Sale Pavilion Upgrades

Prices dropped during the opening session of the Fasig-Tipton Midlantic Eastern fall yearling sale Oct. 5 in Maryland, following a trend that has been seen at nearly every Thoroughbred auction this year. But there were still a lot of smiling faces as buyers and consignors praised the newly renovated sale pavilion at the State Fairgrounds in Timonium.

F-T Midlantic Sale Will Enjoy Upgrades

F-T Midlantic Sale Will Enjoy Upgrades

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.

Median Price Increases at Goffs Orby Sale

Part one of the Goffs Orby yearling sale in Ireland ended Sept. 30 in Ireland with an 11.1% increase in median price from 2008 and a 6.7% loss in average price. This year, there were two sessions in part one of the auction -- down from three last year -- and the sale's gross dropped 31.5%, in part because fewer horses were offered and sold.

Giant's Causeway Filly Tops Goffs Opener

A Giant's Causeway filly, the second foal out of 2005 Boylesports Irish One Thousand Guineas (Ire-I) winner Saoire, was the star of Goffs Orby yearling sale's opening session in Ireland Sept. 29. She commanded the highest price of 475,000 euros ($695,124 in U.S funds) from bloodstock agent Hugo Merry, who was acting on behalf of Dr. Jim Hay.

Chace, Finley Buying at Goffs Orby Sale

New Jersey bloodstock agent Buzz Chace was a new buyer at the Goffs Orby yearling sale in Ireland on the opening day of the auction Sept. 29. Acting on behalf of longtime client West Point Thoroughbreds, he purchased a Holy Roman Emperor colt for 140,000 euros ($204,879 in U.S. funds)from Camas Park Stud and an Ad Valorem colt for 50,000 euros ($73,171)from Ashtown House Stud.

Unbridled's Song Colt Leads Way at Keeneland

Unbridled's Song Colt Leads Way at Keeneland

An Unbridled's Song colt brought $185,000 to top the ninth session of the struggling Keeneland September yearling sale. While the number of horses sold Sept. 23 in Lexington rose 5.6% from a year ago, the gross revenue declined 26.2%. The average price dropped 30.1%, and the median price plunged 40%. The buy-back rate fell from 24.6% in 2008 to 19.3% this year.

Chris Young: Contemplating Overbrook's Future

Chris Young: Contemplating Overbrook's Future

The Overbrook Farm dispersal, which began at the Keeneland September yearling sale, will not mark the end of the Young family's involvement in the Thoroughbred business. Chris Young, the 34-year-old grandson of Overbrook founder W.T. Young, is making plans for his own venture that probably will emphasize racing.

Hayden to Commercial Breeders: Change or Die

Hayden to Commercial Breeders: Change or Die

David Hayden has a message for his fellow commercial breeders: "Change or die." The ability to be flexible during hard times, he said last week at the Keeneland September yearling sale in Lexington, is the key to survival. And Hayden, who plans to keep raising horses for many years to come, has looked at everything from production costs to where he will market his yearlings in an effort to remain profitable and avoid drowning in a sea of red ink.

September Talk: Reviewing Sale's First Week

September Talk: Reviewing Sale's First Week

From the very beginning of the Keeneland September yearling sale in Lexington, it was apparent that there would be a major correction in the market for young horses as key business figures suffered significant setbacks. Here are comments from auction participants during the first week of the sale.

Goulash Doing Better in Laminitis Battle

When Goulash's Unbridled's Song colt brought $925,000 to top the opening session of the Keeneland September yearling auction Sept. 14, the prognosis for the Mari's Book mare looked grim. She is battling laminitis, and there were concerns that she would need to be euthanized just days after her son had been sold.

Changes Made in Japanese Auction

The Japan Racing Horse Association has changed its format for the July select foal and yearling sale for 2010. There will be two days of selling instead of three at the Northern Horse Park on the Japanese island of Hokkaido and more yearlings will be offered.

Breeders Say Stud Fees Need to Be Cut More

Stallion managers slashed stud fees last year after this country's recession deteriorated into a financial crisis and spread around the world. With prices for Thoroughbreds continuing to decline after falling significantly in 2008, commercial breeders are calling for even more stud fee reductions for 2010.

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.

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