The appeal of first-year sires for buyers at the Keeneland September yearling sale, which waned during the Great Recession, seems to be making a comeback in 2013.
The stakes schedule for the Churchill Downs September meet will feature a pair of 2-year-old races moved from the fall meet schedule and a new race for older horses that could serve as a prep for Breeders' Cup.
Racing continues to show some growth in 2012. In September, handle on U.S. races improved 2.6% and purses were up 13.77%.
The positive trends from the opening session of the Tattersalls Ireland September yearling sale continued into day two. The auction ended Sept. 26 with increases in its gross, average price, and median price.
The Keeneland September yearling sale crossed the finish line of its marathon run Sept. 21 in Lexington with average and median prices that increased for the third year in a row.
The first week of Keeneland's September yearling sale in Lexington has been completed. Read about what people had to say about the market prior to Sept. 16.
A.P. Indy's last offspring have been sold at the Keeneland September yearling auction, ending an era in the Thoroughbred marketplace.
Market is stable during books one and two of the auction's catalog even without great support from John Ferguson and the absence Besilu Stables.
- By Ron Mitchell
Catherine Parke of Valkyre Stud, agent for Mr. and Mrs. William Currin, on the sale of hip #469, a Bernardini colt out of Wilshewed during the 2012 Keeneland September Yearling Sale. watch
The Keeneland September auction completed its first four days - books one and two of the sale's catalog - with more seven-figure horses than in 2011's entire auction.
Boosted by a $1.55 million son of Bernardini, the Keeneland September yearling sale in Lexington enjoyed an upbeat third session. The gross, average price, and median price all rose.
The select portion of Keeneland's September yearling sale had fewer horses and was shorter this year, but it generated some impressive financial fireworks. Five horses commanded seven-figure prices.
Here is a list of horses in the Keeneland September sale's select session that could command the big bucks.
Marking the end of an era in the Thoroughbred marketplace, the final yearlings by A.P. Indy are being offered at public auction.
Keep the select portion of the Keeneland September sale or do away with it? Read what auction participants had to say.
As the start of the Keeneland September yearling sale approached, people expressed more anticipation than trepidation about the market's prospects. Read what they had to say.
The Keeneland September yearling sale will test the strength of the Thoroughbred marketplace's recovery with both quantity and quality during its 10-session run that begins Sept. 10 in Lexington.
The Keeneland September yearling sale is smaller and shorter this year, but it's still the largest auction of its kind in the world. There are 3,604 horses in the catalog.
Dramatic upswings in stud fees for 2012 aren't expected, but some successful stallions will be priced higher.
According to some of the Keeneland September yearling auction's participants, the Keeneland November breeding stock sale should turn in an upbeat performance.
The Breeders Sales Company of Louisiana's yearling auction posted major increases of 41.6% in average price and 34.3% in median price while experiencing a downturn in the buy-back rate Sept. 27.
Stories about Thoroughbred auctions focus a lot on key business figures such as gross, average price, and median price. But for sellers, the most important numbers are the ones that show whether or not they made a profit.
The Keeneland September yearling sale enjoyed upswings in gross, average price, and median price for the second year in a row. Read what buyers and sellers had to say about the market.
The Keeneland September sale experienced what pinhooker Hoby Kight described as a "feeding frenzy" during its fifth session Sept. 15 in Lexington.
The Keeneland September yearling sale kept the momentum going during its fourth session, continuing to generate numbers that were encouraging to consignors and sale company officials.
Not everybody was shopping for items in the wildly popular new Missoni collection at Target stores Sept. 13. In Lexington, many people were busy buying horses at Keeneland.
Catherine Parke of Valkyre Stud wasn't thinking about an exotic vacation or buying a new car after selling a Bernardini filly for $1.2 million during the third session of the Keeneland September yearling auction.
Business wasn't as brisk the second evening of the Keeneland September yearling sale in Lexington as it was on opening night. But the select portion of the auction still managed to post increases in its key business figures.
Australian Ron Gilbert, owner of Highgrove Stud, a leading commercial Thoroughbred nursery in Queensland, made his initial venture into the American sales market Sept. 12.
Read what people had to say about the opening session of the Keeneland September yearling sale in Lexington.
Benjamin Leon, Jr., who made a big splash at the top of the yearling market last year, is back shopping at Keeneland.
With domestic buyers, like Benjamin Leon Jr. (shown here), playing aggressively at the top of the market, the Keeneland September yearling sale got off to a promising start Sept. 11 in Lexington.
Here is a list of horses that consignors and buyers believe could bring big prices during the second and final select session Sept. 12 of the Keeneland September yearling sale.
Here is a list of horses that could bring expensive prices during the Keeneland September yearling sale's opening session.
Buyers and consignors discuss their expectations for the market at the Keeneland September yearling auction.
While rest of the world worries about the European debt crisis and America's high unemployment rate, horsemen are starting to see signs that the struggling Thoroughbred market is taking a turn for the better.
Tattersalls Ireland has cataloged 542 horses for its September yearling sale. The auction will be held Sept. 20 and 21 near Ratoath in County Meath.
The Tattersalls Ireland September yearling sale posted increases of 6.8% in the number of horses sold and 10.6% in gross revenue from a year ago during its two-day run, which ended Sept. 22.
Even though the Keeneland September yearling sale is nearing its end, it still has plenty of momentum.
Average is virtually the same as last year and median is the same.
Buyers at the Keeneland September yearling sale prefer the offspring of proven stallions.
Buyers and consignors discuss the market and the new format.
The average price and median price were up 19.6% and 25%, respectively, through the first six sessions.
Two of the stallion's progeny bring $550,000 apiece during the Keeneland auction's fifth session.
And he's finding plenty of prospects, according to his adviser, Rick Nichols, even though some European shoppers say European turf potential is lacking in pedigrees.
The cumulative average price of $181,131 and median price of $120,000 are ahead of last year's pace by 8.2% and 9.1%, respectively.
Buyers and consignors, for most part, like the new format for the select sessions.
Keeneland officials, who said they changed the September yearling sale's format in an effort to add excitement to the auction, got exactly what they wanted Sept. 12 in Lexington.
Catesby Clay's Runnymede Farm near Paris, Ky., has enjoyed a string of successes that could not have been more perfectly timed.
Here is a list of horses that consignors and buyers believe could bring expensive prices during the Sept. 13 second session of the Keeneland September yearling sale in Lexington.
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