The Keeneland September yearling sale closed out its 15-session run in Lexington with downturns in every key business figure and gross revenue that fell short of last year's total by a whopping $57,019,500. But even though the setbacks were significant, many participants in the auction were pleased by its performance at a time when the nation is reeling from a financial meltdown and there are growing economic woes abroad.
Better Than Honour, the 2007 Kentucky Broodmare of the Year, will be the last horse through the ring during the Fasig-Tipton Kentucky November select mixed sale, which has 188 lots in its catalog. The auction will be conducted Nov. 2 in Lexington beginning at 3 p.m. (EST).
Frank Stronach's Adena Springs operation has canceled the 2008 edition of its annual broodmare sale. The auction, which featured mares in foal to Adena Springs stallions, had been held for 11 consecutive years previously.
Grade I winners Panty Raid and Honey Ryder, along with La Comete, the dam of grade I-placed Munnings, will be offered during the Fasig-Tipton Kentucky select mixed sale Nov. 2 in Lexington.
Participants in the Keeneland September yearling sale talk about falling prices for horses and the effects of America's growing financial crisis.
A $1.1-million Medaglia d'Oro filly that topped the fourth session of the Keeneland September yearling sale was resold privately by Keeneland officials to celebrity chef Bobby Flay Sept. 13 after the original purchaser and his client were unable to provide sufficient proof of credit, according to Keeneland vice president Harvie Wilkinson.
B. Wayne Hughes will stand three new stallions in 2009--Notional, Tiz Wonderful, and Into Mischief.
The National Thoroughbred Racing Association (NTRA) board of directors met Sept. 11 in Lexington and selected two new board members, Antony Beck of Gainesway Farm and Reynolds Bell Jr., chairman of the Thoroughbred Owners and Breeders Association.
Buyers and consignors discuss the market at the Keeneland September yearling sale during first four days, but especilly during the third and fourth sessions.
Jim Craig, the goalie for the United States' 1980 "Miracle on Ice" hockey team at the Winter Olympics, stopped by the Keeneland September yearling sale Sept. 11.
No horses inspired buyers to pay dazzling seven-figure amounts during the third day of the Keeeneland September yearling sale in Lexington. But some of the results for the auction's first open session were encouraging after significant downturns during the two select sessions that kicked off the sale.
Dubai pumped more money into the select sessions of the Keeneland September yearling sale than it did a year ago even though Sheikh Mohammed's bloodstock manager, John Ferguson spent less. And buying entities associated with Dubai also bought more horses.
When the second session of the Keeneland September yearling sale ended Sept. 9, Olin Gentry and trainer Bob Baffert of Legends Racing rushed to the barn area to look at more horses and get ready for the next day's selling. It's been a busy auction, so far, for the new racing venture, whose formation was announced just prior to the Belmont Stakes (gr. I) in June when a presentation was made to potential investors in New York.
Some people call the Keeneland September yearling sale a marathon because of its length: 15 sessions this year. Others think it's more like Walmart because of the large number of horses cataloged, which has risen to a record of 5,555. To Geoffrey Russell, Keeneland's director of sales, it's more like a Broadway show.
When the Keeneland September yearling sale opens in Lexington, things are going to get very interesting very quickly. Remember Playful Act (by Sadler's Wells), who brought a world record price for a broodmare of $10.5 million last November? Her first foal, a daughter of Giant's Causeway, is Hip No. 12 during auction's first session Sept 8.
It's crunch time for North America's Thoroughbred yearling market, which faces its biggest test when the Keeneland September sale gets under way. There are more horses cataloged than ever before, 5,555, and they will be offered over 15 sessions beginning Sept. 8 in Lexington.
Keeneland will play host to the international Thoroughbred community for the next two weeks as it conducts its 65th annual September yearling sale. The catalog is the largest in the auction's history, with 5,555 horses listed.
Keeneland Productions and HRTV are partnering to provide live coverage of the opening two days of the September yearling sale, September 8-9, which are select sessions.
Fasig-Tipton officials reported Aug. 11 that there were no positives for exogenous anabolic steroids among horses sold during the company's Saratoga select yearling auction that were tested at the request of their buyers.
It was announced Aug. 6 that the Storm Cat horse Seeking the Dia, a five-time stakes winner, four-time group winner, and earner of more than $5 million, will join the stallion roster at John G. Sikura's Hill 'n' Dale Farms near Lexington for the 2009 breeding season.
Hermes will introduce a special edition scarf and tie to benefit Blue Horse Charities at the Cross Gate Gallery Aug. 4-5 in Saratoga Springs, N.Y.
Perhaps Mark Toothaker of Legacy Bloodstock said it best during the Fasig-Tipton Kentucky July select yearling auction: "The bull's-eye is getting smaller on what the marketplace is wanting. It's gone from about the size of a quarter to the size of a dime."
T. Wayne Sweezey, former farm manager and managing partner of Darby Dan Farm, is no longer associated with the farm.
Dr. Larry Bramlage, who in mid May said grade III winner Chelokee's chances of survival were at 60-40 after the colt dislocated his right front ankle, is now talking about him being released from Rood & Riddle Equine Hospital in Lexington within weeks.
Six days after Eight Belles' breakdown in the Kentucky Derby Presented by Yum! Brands (gr. I), owner Rick Porter of Fox Hill Farms approved a wristband manufactured in memory of the gallant filly, with proceeds to benefit Midlantic Horse Rescue.
Chelokee, who suffered a dislocated right front ankle during the running of the May 2 Alysheba Stakes (gr. III) at Churchill Downs, has "at least a 50-50 chance" of survival, according to prominent equine surgeon Larry Bramlage.
William M. "Bill" Lear Jr. was elected to Keeneland's board of directors and appointed a Keeneland trustee April 15 during the board's semi-annual meeting. He succeeds William T. "Buddy" Bishop III, who died April 3.
Ricky Payne has been named the new farm manager of Kenneth Jones Jr.'s Domino Stud near Lexington.
Satish and Anne Sanan announced March 13 that Padua Stables has purchased the historic Bluegrass Heights Farm near Lexington, located at the corner of Old Frankfort Pike and Alexandria Drive.
Ashado will be bred this year to Street Sense's sire, Street Cry.
Hurricane Hall selling training division to Patrick Biancone and Fabien Ouaki.
Ro Parra's Millennium Farms near Lexington has announced the appointment of Brian Lyle as sales manager.
The Keeneland January horses of all ages auction generated a sale-record median price during its seven-day run in Lexington, and its average price increased from 2007, while the gross revenue suffered a slight setback even though the number of horse sold plunged.
A Saint Liam yearling colt sold for $220,000 to top Saturday's session of the Keeneland January sale.
Wotan sold for $380,000 during Friday's session of the Keeneland January sale.
Gross, average, and median all increase in Keeneland November sale's 12th session.
The Keeneland November breeding stock sale's gross reached an all-time high Tuesday. The total soared to $321,774,400 Tuesday in Lexington during the ninth of the sale's 15 sessions, surpassing the former mark of $317,666,000 that had been set in 1999.
The fourth session of the Keeneland November breeding stock sale produced mixed results, but the cumulative gross revenue and average price continued to remain well ahead of last year's pace in Lexington.
On a day when the U.S. stock market plunged 360 points, the Keeneland November breeding stock sale generated strong enough figures during its third session to keep the auction's cumulative gross up 13.8% and the average price up 9.9% from a year ago.
Round Pond sold for $5.75 million during the Fasig-Tipton Kentucky November select mixed sale.
Indy Five Hundred sold for $3 million as Fasig-Tipton November select mixed sale got under way.
While the financial fireworks might not be as spectacular as they were a year ago at the Keeneland November breeding stock sale, consignors and sale company officials still are expecting prices to be solid.
Dr. John and Alice Chandler's Mill Ridge Farm near Lexington announced Nov. 1 that the fees for the farm's stallions would be reduced for 2008.
The Jockeys' Guild, which filed for bankruptcy protection Oct. 12 under chapter 11 of the federal bankruptcy code, is relocating its business office to Lexington, said the organization's national manager Terry Meyocks.
HorseRacing TV's weekly "Across The Board" show will deviate from its customary half-hour format to present a one-hour edition saluting the career of the legendary gelding John Henry.
The Kentucky Thoroughbred Farm Managers' Club focused on equine health and biosecurity and offered a presentation by guest speaker Dr. Roberta Dwyer of the Gluck Equine Research Center Oct. 9.
Keeneland's sale of 2-year-olds in training will be conducted earlier in April next year and will have two evening sessions and only one under tack show.
Keeneland's November breeding stock sale will have 15 sessions and 5,415 lots.
Buyers and consignors have mostly good things to say about the Keeneland September yearling sale, which ends Tuesday in Lexington.
Fraud prevention and tax planning was the focus of a series of seminars held in Lexington, Ky., Sept. 12.
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