Double-Digit Gains for Keeneland Sale Nov. 15

(from Keeneland release)
A Keeneland official said an active contingent of buyers from South America and South Korea contributed to double-digit gains during the Nov. 15 session of the November Breeding Stock Sale.

Keeneland sold 240 horses for gross receipts of $6,333,100, an increase of 43.6% from 2005 when 251 horses brought $4,411,400. The session average of $26,388 was up 50.1% from last year's figure of $17,575, while the median doubled from $10,000 to $20,000.

"We continue to reap the benefits as Thoroughbred racing in areas such as South America and South Korea grows," said Chauncey Morris, Keeneland's sales marketing associate.

Following 10 days of selling, 2,409 horses have grossed $304,755,500, up 6.8% from last year when 2,401 horses sold for $285,461,000. The average of $126,507 represents a 6.4% increase over $118,893 in 2005. The median rose 31% from $42,000 in 2005 to $55,000 this year.

The stakes-winning 4-year-old filly Coronado Rose, sold as a broodmare prospect, brought the day's highest price, going to Jack G. Jones Jr. for $300,000. Consigned by agent Asmussen Horse Center, Coronado Rose is by Coronado's Quest out of the Nureyev mare Lakabi.

Keeneland's November Breeding Stock Sale runs through Nov. 19.