The Monitoring Committee for the Sales Integrity Program has postponed implementation of the mandatory disclosure of acceptable veterinary practices, the Thoroughbred Owners and Breeders Association announced Aug. 5.
A new organization that seeks to better educate buyers of horses at public auction announced its formation today.
By Cot Campbell - Our Code of Ethics, presented to the world in mid-December, has been received agreeably. Predictably, there has been commentary on what "they" should have done. I have waited until Jan. 15--when my duties as chairman ended and the Thoroughbred Owners and Breeders Association took over--for any personal observations.
The Thoroughbred industry's first code of ethics for public auctions has been getting generally positive reviews since its release Dec. 16. However, many people would like to see further efforts to encourage the disclosure of information and to discourage buyers and sellers from becoming involved in fraudulent ventures.
Reports of the Thoroughbred Owners and Breeders' Association Sales Integrity Task Force establishing guidelines and providing forms to improve level of disclosure at Thoroughbred auctions.
The Sales Integrity Task Force will meet for the third time Friday at Keeneland, and within a week, will hold a press conference to release its first recommendations to the industry.
The Sales Integrity Task Force, formed this summer, plans to have a position paper ready for public review after its next meeting in November, chairman Cothran "Cot" Campbell said.
On the hurricane rating scale of 1 to 5, the opening session of the Keeneland September yearling auction was a Category 3. It packed a strong financial punch on Sept. 13 in Central Kentucky, driving the market past 2003's hot numbers. But the key business figures didn't grow quite as fast as they did a year ago.
Cothran "Cot" Campbell, founder and manager of Dogwood Stables and a regular participant at Thoroughbred auctions, was tabbed as chairman of the recently formed Sales Integrity Task Force during its first meeting Sept. 2 at Keeneland.
In a press release issued Friday, The Thoroughbred Owners and Breeders Association said it "will take a lead role" in the formation of a task force to study practices involving Thoroughbred sales as suggested by the Alliance for Industry Reform (AIR).
Tale of Perfection, a 4-year-old filly by Tale of the Cat out of the stakes winning Vain mare Bank Burst, brought the top price of $52,000 (approximately $36,332 in U.S. funds) at the William Inglis & Son winter mixed sale in Sydney, Australia, on Friday.
The Ocala Breeders' Sales Company's 2004 August Yearling Sale has been posted on the OBS Web site.
Leading breeders and farms have formed the New York Breeders Sales Co., which will hold its first auction Sept. 28 in Saratoga Springs, N.Y. The sale will fill the slot vacated by the Saratoga autumn mixed Thoroughbred sale, though organizers of that sale are part of the new sale company.
Padua Stables' Satish Sanan said there is growing support for his plan to implement a code of ethics and other standards that would govern the Thoroughbred sales industry, either through an industry organization or legislative initiatives.
Two 2-year-olds tied for the fastest eighth-mile work when they stopped the timer in 10.20 seconds at Mondays preview for horses consigned to Barretts Summer Sale of Horses of Racing Age and 2-Year-Old in Training.
The Magic Millions National Sale, which featured the largest catalogue in Australian Thoroughbred auction history with 1,266 horses, concluded with huge gains in every major statistical category.
Urge to Splurge, a Successful Appeal filly, was purchased for $200,000 by Carrol Castille to top the second and final session of the Ocala Breeders' Sales Company's 2004 June Sale of 2-Year-Olds in Training and Horses of Racing Age.
Big House Red, a colt by Stormy Atlantic consigned by Tony Bowling and Bobby Dodd, zipped a quarter-mile in :21 flat as the fastest work at the distance at Sundays second and final session of the "Under Tack Show" for the Ocala Breeders' Sales Company's 2004 June Sale of 2-Year-Olds in Training and Horses of Racing Age.
The world of yearling Thoroughbred sales is getting very close to the moment the absolute last Danehill yearling will be sold.
The opening session of the 2004 Fasig-Tipton Midlantic 2-year-olds in training sale at Timonium started off with a bang when a colt by Stormy Atlantic was purchased for $300,000. Jimmy Bell purchased the colt, acting on behalf of bloodstock agent John Ferguson, from the consignment of his breeder, Arthur Appleton's Bridlewood Farm.
The incredible wave of buying interest that has swept the globe continued at Inglis' weanling sale in Sydney Sunday.
Keeneland sale results soon will be available on Web-enabled wireless devices.
A chestnut filly sired by grade II winner Good and Tough zipped an eighth of a mile in a quick 9 4/5 seconds as she posted the fastest time at the distance during Sunday's Under Tack show for Fasig-Tipton Florida selected sale of 2-year-olds in training that will be held at Calder Race Course on Feb. 24.
The California Thoroughbred Breeders Association appears ready to lend its backing to a move to re-establish a yearling sale in Northern California.
The second and final day of the select part of Melbourne's Inglis Premier yearling sale told us all one thing: Encosta de Lago is something very rare and special.
Taste of Paradise, winner of the 2003 San Diego Handicap (gr. II), brought a Barretts Equine Ltd. January sale record price of $425,000 when purchased by David Bloom Monday during the first of two sessions at the sales company's Hinds Pavilion in Pomona, California.
EquineCommerce.com, the online company which sells horses through a bid/ask system, registered its first sale on Dec. 30. An online bidder purchased a Smart Strike no-guarantee season for $24,500. EquineCommerce.com launched its Web site in early December.
Newmarket, England-based Tattersalls sales company saw a 163,098,250 guineas annual turnover in 2003, beating last year's record by 21%, after the most-successful ever December Sale finished Thursday night.
Keeneland has cataloged 1,917 horses for its 2004 January Horses of All Ages Sale. The five-day auction begins Monday, Jan. 12 at 10 a.m.
Just as at its three yearling sales in October, Tattersalls Autumn Horses In Training Sale--effectively the world's biggest exchange of used horses--posted a complete set of record figures in Newmarket from Oct. 27-30.
The gross up 44%, average up 28% and a median that had risen 17% told the story of a remarkable Tattersalls October Yearling Sale, which finished in Newmarket last night.
The National Association of Two-Year-Old Consignors has bumped up the purses this year for the stakes its sponsors at Delaware Park.
The most dramatic development in North America's Thoroughbred auction arena in 2002 was the decline at the top of the yearling market, where the horses with the fanciest pedigrees were offered.
Keeneland's second October yearling sale will catalogue substantially fewer horses than it did in 2001.
By Ray Paulick -- An interesting development occurred at the Keeneland September sale, which took place during a nervous time for stock market investors and for breeders who consign at the top-end of the yearling market. The auction ended with mixed economic signals...
By Dan Liebman -- Walking around the Keeneland sale grounds during the September yearling auction, one heard many reasons for the "correction" in the marketplace.
In a move that removes a potential restriction on the future relocation of the Los Angeles County Fair's racing dates, the fair association announced it has purchased controlling interest of Barretts Equine Ltd., which conducts the top 2-year-olds in-training auction in the state each March.
Australian company EquineUnited will conduct the world's first online auction for unborn foals on August 1.
At a meeting earlier this week in London, members of the Society of International Thoroughbred Auctioneers ratified a recommendation to raise the minimum purse necessary for a race to receive black type.
The catalogue for the Saratoga select yearling sale will have 228 horses, down by 3.8% from last year's total of 237.
Keeneland has catalogued 200 horses for its July 15-16 selected yearling sale. The catalogued yearlings were selected from more than 600 entries.
Tattersalls' Breeze-Up Sale and EquineSpectrum's online Mixed Sale both start Wednesday, as do workouts for the upcoming OBS sale.
A repository for X-rays will be set up for at least some of Australia's major yearling sales well ahead of the 2003 auctions.
A long-running dispute between Tattersalls, the Newmarket, England, sales company, and Ivan Allan, a leading Hong Kong-based trainer and owner, finally ended with an out-of-court settlement. The case was due to have been heard in London High Court on March 18.
Pumped up by a world record price for a juvenile filly sold at public auction, the Barretts March sale of select 2-year-olds in training showed renewed signs of vigor Tuesday after suffering declines in gross revenue for five consecutive years.
TVG will air the preview works from the Barretts Selected 2-year-olds sale from Fairplex Park in Pomona, Calif. The show will air Feb. 28 for one hour beginning at 11:00 a.m. The sale will be held March 5.
The Hong Kong Jockey Club, a major and regular buyer at the Sydney Easter Yearling Sale in Australia, continues to insist it will boycott the annual auction over the issue of X-raying prospective purchases.
Canadian-bred Suborned was purchased $70,000 to Darby Dan Bloodstock to top the second and final session of the Barretts January mixed sale Wednesday in Southern California. The largest-ever January sale conducted by Barretts resulted in decreases in the gross, average, and median prices.
Equine Spectrum, the online Thoroughbred auction company based in Central Kentucky, has a new executive director, Dan Kelliher, and plans to conduct up to five sales this year. The first will be an auction of stallion seasons that is scheduled for Feb. 6. Another sale will be held in April that will feature horses and stallion interests with connections to Triple Crown contenders. Additional auctions in 2002 will include one with tie-ins to the Breeders' Cup World Thoroughbred Championships.
Our Dani, the dam of grade I winner You, topped the second session of Keeneland's January horses of all ages sale when her price soared to $625,000 on Tuesday.
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