The first foal out of two-time Australian Horse of the Year Makybe Diva brought Aust$1.5 million (approximately $1,073,265 in U.S. funds) April 5 during the opening session of the William Inglis & Son Easter yearling sale in Australia. Melbourne trainer Danny O'Brien purchased the Galileo colt from Tony Santic's Makybe consignment.
In what has been a tough, grin-and-bear-it kind of year for sellers of 2-year-olds, Mike Akers of Dapple Bloodstock got a break from the bad news April 2 in Lexington. A son of Songandaprayer, which Dapple had purchased for $110,000 at last year's Fasig-Tipton Midlantic Easter Fall yearling sale, turned in the fastest work at an eighth of a mile during the under tack show for the Keeneland juvenile auction. The dark bay or brown colt covered the distance in :9 4/5 over Keeneland's Polytrack surface.
This is a list of horses to keep an eye on during the April 6 first session of the Keeneland sale of 2-year-olds in training in Lexington.
This is a list of horses to keep an eye on during the April 7 second session of the Keeneland sale of 2-year-olds in training in Lexington:
Vallenzeri set a world Thoroughbred auction record last year as a $7.7-million buy-back at the Keeneland September yearling sale. He's back at Keeneland trying to find a new home again, this time as Hip No. 22 in the April sale of 2-year-olds in training.
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.
The performance of the Fasig-Tipton Texas sale of 2-year-olds in training March 31 exceeded expectations when the average price held steady amidst tumbling figures at juvenile auctions across the country. The sale was held at Lone Star Park.
Bert Welker has joined Kitty Taylor's Warrendale Sales as a bloodstock associate. He previously was the general manager at Audrey Haisfield's Stonewall Farm near Versailles, Ky.
Champion Stardom Bound is scheduled to run in the April 4 Ashland Stakes (gr. I) at Keeneland, but her half-brother by Roman Ruler won't be offered during the Keeneland April sale of 2-year-olds in training in Lexington.
HRTV will provide live coverage of Keeneland's sale of 2-year-olds in training, which is scheduled for April 6 and 7 in Lexington. Sessions begin each evening at 7 p.m. (EDT).
With sale prices unsteady across the country, the juvenile market in the Southwest will be tested for the first time this year during the Fasig-Tipton Texas 2-year-olds in training sale March 31.
Unbridled Classy, a daughter of Be Like Mike, and an Officer filly each covered an eighth of a mile in :10 1/5, turning in the fastest works for the distance at Lone Star Park March 29 during the under-tack show for the Fasig-Tipton Texas sale of 2-year-olds in training.
The inaugural Magic Millions QTIS 600 yearling sale ended its two-day run March 30 in Australia with a gross of Aust$6,135,500 (approximately $4,261,166 in U.S. funds) for the 333 horses sold. The average price was Aust$18,424 ($12,796), and the clearance rate was 81%.
New Zealand Bloodstock (NZB) will open new office in Asia -- New Zealand Bloodstock Asia -- that will be headed up by New Zealand Bloodstock representative Michael Kneebone. Based in Singapore, Kneebone will provide New Zealand Bloodstock's full range of bloodstock services in the region.
A Lion Heart colt topped the opening session of the inaugural Magic Millions QTIS 600 yearling sale on Australia's Gold Coast March 29. Len Wheeler purchased the colt for Aust$130,000 (approximately $90,302 in U.S. funds) from Lyndhurst Stud, agent.
Even though the market for 2-year-olds in training has been tough, Ciaran and Amy Dunne of Florida-based Wavertree Stables have two big reasons to celebrate. Wavertree-consigned horses topped both the Fasig-Tipton Florida select auction and the Barretts March sale.
When sale company officials, consignors, and buyers analyzed the Thoroughbred marketplace in the past, they often mentioned how well demand for the most expensive horses was holding up. But during the latest economic downturn, which has sparked financial crises around the world, even the top of the market is taking a pounding based on the combined results for the first four major select sales of 2-year-olds in training.
Tattersalls Ireland has moved the breeders flat sale from its traditional date in December to November this year. The auction, which had taken place the second week of December in previous years, will be held Nov. 14 and 15. It was felt that both vendors and purchasers would benefit from moving the sale, according to Tattersalls Ireland.
Taylor's Tiger, a bay son of Roar of the Tiger, brought $77,000 to top the John Franks Memorial sale of 2-year-olds in training March 22 at Evangeline Downs Racetrack & Casino in Louisiana. Midwest Thoroughbred purchased the Louisiana-bred colt from Southwind Farm.
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.
The Ocala Breeders' Sales Co. March select sale of 2-year-olds in training suffered downturns of 30% or more in its gross revenue, average price, and median price after posting all-time highs for those figures in 2008. Here's what people had to say about the market at the auction, which was held March 17 and 18 in Central Florida.
The Ocala Breeders' Sales Co. closed out the two-day run of its March select juvenile auction with a bang as an El Prado colt named El Kingdom brought the sale's most expensive price of $450,000 March 18.
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 CharlieÃ¢â‚¬"Hollywood and Wine filly that sold March 17
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.
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.
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.
A smooth-striding Grand Slam colt brought $400,000 early in the afternoon during the first session of the Ocala Breeders' Sales Co. March select sale of 2-year-olds in training.
The Adena Springs sale of 2-year-olds in training bucked the downward trend in the Thoroughbred marketplace in one important statistical category. The median price rose 28.6% from a year ago during the eighth edition of the auction, which was held March 16 at Adena Springs South near Williston, Fla.
The Ocala Breeders' Sales Co. March select juvenile auction "will be as good as a 2-year-old sale can be this year," according to Tom Ventura.
The catalog for the Adena Springs sale of 2-year-olds in training is smaller this year when compared to 2008. But the auction is "full of quality," according to Mark Roberts, the manager of Adena Springs South in Williston, Fla., where the sale will be held March 16, beginning at 4:30 p.m. (EDT).
Here is a list of horses to keep an eye on during the March 16 first session of the Ocala Breeders' Sales Co. March select sale of 2-year-olds in training in Central Florida:
Here is a list of horses to keep an eye on during the March 18 seconds session of the Ocala Breeders' Sales Co. March select sale of 2-year-olds in training.
A More Than Ready colt was the fastest worker at an eighth of a mile March 13 during the second session of the under tack show for the Ocala Breeders' Sales Co. March select sale of 2-year-olds in training in Central Florida. He covered the distance in :9 3/5.
Fasig-Tipton will fine nine consignors because the riders of their horses misused their riding crops during the Feb. 27 under tack show for the Florida select sale of 2-year-olds in training at Calder Race Course.
Four horses tied for the fastest work at a quarter mile during the March 12 first session of the under tack show for the Ocala Breeders' Sales Co. March select sale of 2-year-olds in training in Central Florida.
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).
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.
Fasig-Tipton will not conduct a yearling sale in Kentucky in the fall. The auction had been scheduled for Oct. 26-28 in Lexington.
The William Inglis & Son Melbourne March mixed sale opened at Oaklands in Australia March 12, and the Woodman mare Light of Day topped the first session when she brought Aust$45,000 (approximately $29,107 in U.S. funds).
The Magic Millions Adelaide yearling sale ended its three-session run March 12 in Australia with a gross of Aust$5,291,250 (approximately $3,422,433 in U.S. funds) that was up from last year's total of Aust$5,258,000. The clearance rose from 76% compared to 72% in 2008.
A son of Horse of the Year Tiznow brought $650,000 to top the Barretts sale March 10 at the Hinds Pavilion in Pomona, Calif. Jess Jackson's Stonestreet Stables purchased the colt on a telephone bid from the Wavertree Stables consignment
Fasig-Tipton has cataloged 237 horses for its Texas sale of 2-year-olds in training. The auction is scheduled for March 31 at Lone Star Park. The under tack show will be held at Lone Star March 29.
Uniform policies that restrict use of a riding crop in under tack shows for 2-year-olds in training had a significant effect on riders' actions at the preview for the Fasig-Tipton Florida select juvenile auction, according to Fasig-Tipton director of marketing Terence Collier.
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 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.
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.
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.
It was a buyers' market during the first session of the 2009 BMW Magic Millions yearling sale at Morphettville in Australia March 9.
Inglis sale company in Australia announced an addition to its sale schedule, a Nov. 15 auction of both unraced juveniles as well as horses in training.
Following is a list of horses to keep an eye on at the Barretts March select sale of 2-year-olds in training at Fairplex in Southern California. The auction, scheduled for March 10, starts at 2 p.m. (PDT).
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