Thoroughbred Sales

Previews, results and analysis for Thoroughbred public sales

Weicholz No Newcomer to 2yo Sales

Steve Weicholz isn't a newcomer to shopping at the top end of juvenile auctions. The Boca Raton, Fla., resident is the new owner of El Kingdom, whose $450,000 price topped the recent Ocala Breeders' Sales Co. March select sale of in training. Three years ago, through Bill Badgett, Weicholz purchased Justin Rules, a son of Mr. Greeley, for $525,000 at the Fasig-Tipton Midlantic juvenile auction in Maryland.

El Prado Colt Sells for $450,000 at OBS

El Prado Colt Sells for $450,000 at OBS

Saying he had found the equine equivalent of Cleveland Cavaliers basketball star LeBron James, trainer Eddie Plesa paid $450,000 for an El Prado colt March 18 during the second and final session of the Ocala Breeders' Sales Co. March select sale of 2-year-olds in training in Central Florida. As of early afternoon, the price was the highest of the auction, topping the $425,000 Indian Charlieâ€"Hollywood and Wine filly that sold March 17

Mulligan Conscious; Talks to Wife

Leprechaun Racing's Mike Mulligan, who suffered a fractured skull in a fall following the March 3 Fasig-Tipton Florida March select sale of 2-year-olds in training, is fully conscious and spoke to his wife on the phone March 18 during the second and final session of the Ocala Breeders' Sales Co. March select sale of 2-year-olds in training.

Consignors Pitch In to Help Mulligans

Consignors Pitch In to Help Mulligans

As Leprechaun Racing's Mike Mulligan recuperated from a fractured skull in a South Florida hospital, his friends and associates in the Thoroughbred business reached out to offer support. Participants in the Ocala Breeders' Sales Co. March select sale of 2-year-olds in training wore green rubber bracelets decorated with shamrocks and pitched in to help Mulligan's wife, Britt, at the Leprechaun consignment. They also held a prayer service prior to the March 17 opening session of the auction.

Average Falls 32.6% at OBS

Average Falls 32.6% at OBS

Still reeling from the effects of the worldwide financial crisis, buyers approached the Ocala Breeders' Sales Co. March select sale of 2-year-olds in training cautiously, and their reluctance to spend the really big bucks was a major factor in the opening session's setbacks. Compared to a year ago, when the auction enjoyed a record-setting run, the gross revenue dropped 29.6% while the average price fell 32.6%,and the median price declined 22.2% March 17 in Central Florida.

Inglis Sale Clearance Rate Is 91%

The William Inglis & Son Melbourne March mixed sale ended at Oaklands in Australia March 13 with a clearance rate of 91%. The 329 horses that sold grossed Aust$1,369,600 (approximately $887,487 in U.S. funds). The average price was Aust$4,163 ($2,698), and the median price was Aust$2,200 ($1,426).

Pinhookers Will Be More Cautious

Pinhookers Will Be More Cautious

With prices tumbling at the early select sales of 2-year-olds in training, pinhookers, who provide most of the stock for the auctions, already are thinking about how they are going to approach their next buying-and-selling cycle. It's not good news for yearling consignors because, in general, pinhookers plan to be much less aggressive when buying young horses later this year.

Mulligan Update: Stable and Progressing

Mulligan Update: Stable and Progressing

Mike Mulligan, a leading consignor at sales of 2-year-olds in training, was in stable condition, with a head injury, at Memorial Regional Hospital in Hollywood, Fla., March 9. Fasig-Tipton director of marketing Terence Collier reported March 10 that "they (doctors) are changing his medication levels today to raise him to the next level (of consciousness). All vital signs continue to be progressing."

Barretts March Catalog More Select

Barretts March Catalog More Select

Barretts is offering a trimmer catalog for its 2009 March select sale of 2-year-olds in training, which is in line with the belt-tightening mood throughout the country. The Southern California auction company has cataloged 124 horses for its March 10 auction, down from 191 in the 2008 book.

Testa Rossa Filly Shines in Adelaide

A daughter of Hunter Valley-based stallion Testa Rossa out of Scone topped the second session of the BMW Magic Millions Adelaide yearling sale when she was sold for Aust$115,000 (approximating $73,390 in U.S. funds) March 10 in Australia. Victorian agent Kevin Dagg snapped up the youngster, which was consigned by Gerry Harvey's Baramul Stud.

OBS Changes Under Tack Show Time

The under tack show for the Ocala Breeders' Sales Company's March select sale of 2-year-olds in training will begin at 9 a.m. (EDT) instead of 8 a.m., as previously scheduled, because of the recent switch to Daylight Savings Time. The first session of the show is set for March 12 (Hip Nos. 1-260), and the second session will be held March 13 (Hip Nos. 261-523) in Central Florida.

F-T Chatter: The Market at Calder

F-T Chatter: The Market at Calder

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:

Buybacks Down at F-T Sale; Average Drops

Buybacks Down at F-T Sale; Average Drops

Tackling the biggest financial crisis since the Great Depression, Fasig-Tipton's Florida select sale of 2-year-olds in training suffered some bumps and bruises, but also scored a couple of minor victories. The number of horses sold rose from a year ago while the buy-back rate declined. Meanwhile, the gross revenue fell 25.5% and the average price dropped 31.5%. The median price was down 34.8%.

Unbridled's Song Colt Brings $1.1M

Unbridled's Song Colt Brings $1.1M

A strapping Unbridled's Song colt named Cornerstone broke through the seven-figure price barrier a little more than two hours into the Fasig-Tipton Florida select sale of 2-year-olds in training March 3 at Calder Race Course. Sheikh Mohammed's bloodstock manager John Ferguson paid $1.1 million for the gray or roan juvenile.

Fasig-Tipton to Report Private Sales

Fasig-Tipton will report private sales in addition to horses sold in the auction ring during its Florida select sale of 2-year-olds in training March 3 at Calder Race Course. The juveniles sold privately will be designated on the sale summary sheet as (PS), which stands for private sale. The private sales will be included in the auction's final statistics.

Fasig-Tipton: Puttin' on the Ritz

Fasig-Tipton: Puttin' on the Ritz

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.

Times Are Tough for Pinhookers

If the recent Ocala Breeders' Sales Co. (OBS) February select sale of 2-year-olds in training was any indication, it's going to be a tough year for yearling-to-juvenile pinhookers. The rate of return (ROR) on their investment, 30.7%, ranked among their worst ever based on figures that date back to 1990. It was the weakest since the ROR dropped to its lowest point during the 20-year period of 17.1% in 1993.

Group Winners Entered in Dubai Sale

Group winners Lord Admiral, Biarritz, Royal Vintage, and Vertigineux are scheduled to be offered during the Dubai International Racing Carnival (DIRC) session of the Emirates Racing Authority horses in training sale, sponsored by Al Basti Equiworld, at Nad Al Sheba in Dubai.

Keeneland Sale Features 212 Juveniles

Keeneland Sale Features 212 Juveniles

Keeneland has cataloged 212 juveniles for its April Two-Year-Olds in training sale, to be held Monday and Tuesday evenings, April 6-7. Sessions begin at 7 p.m. ET. The Preview Show will be held Thursday, April 2, beginning at 10:30 a.m.

OBS Reports Five Riding Crop Violations

The set of uniform policies developed by four major auction firms Barretts, Fasig-Tipton, Keeneland, and the Ocala Breeders' Sales Co. took effect beginning with the OBS February select sale of 2-year-olds in training Feb. 17 in Central Florida. The policies address medication, prohibited practices, riding crops, and horseshoes. "As the first sale under these new guidelines, I thought it went tremendously well," said Tom Ventura, the OBS general manager and director of sales.

OBS February Sale Gross Falls 29.3%

OBS February Sale Gross Falls 29.3%

The selling season for select 2-year-olds in training staggered out of the starting gate in Central Florida Feb. 17. The year's first major juvenile auction, the Ocala Breeders' Sales Co. February sale, suffered sobering setbacks of 29.3% in gross revenue, 33.7% in average price, and 28% in median price from a year ago. Another discouraging result was the buy-back rate, which soared from 28.2% in 2008 to 38.3%.

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