JC / Railbird

Sales

Weekend Notes

Please Henry Cecil, writes Steve Dennis, run Prix Vermeille winner Midday in the Prix de l’Arc de Triomphe before the Breeders’ Cup: “She’s a virtual shoo-in at Churchill Downs, so why not give the Arc a crack on the way?

What makes a horse do this? As in the Yorkshire Oaks, Sariska refused to leave the starting gate in the Vermeille, compelling her connections to retire the 4-year-old filly immediately after the (non)race. “I’m proud of everything she has achieved but she does not want to play ball on the track,” said trainer Michael Bell, who reported on his website earlier in the week that Sariska had performed well in gate work at Lingfield. John Sparkman addressed the subject last month, noting that “when a horse reveals temperamental quirks, racing folk are always quick to look to the pedigree to find reasons for such behavior.” Sariska’s half-sister Gull Wing did pull the same stunt. An expression of the genes or equine will? Fascinating, either way.

At Belmont on Saturday, Heisman, a 2-year-old full-sibling to Any Given Saturday, won his first race running the final quarter in :28 seconds. That is not notable. It is though that Heisman was starting off a sixth-place finish in his debut, a six-furlong Saratoga maiden special won by Stay Thirsty, who finished second to Sovereign Default in his first start and second to Boys at Tosconova in the Hopeful Stakes. The hype was all about Boys after the Hopeful, but Stay Thirsty — a Bernardini baby, half-brother to Andromeda’s Hero and Superfly, with enough class to run well against his precocious peers — seems more likely to develop into an interesting 3-year-old.

The Keeneland September sale kicked off tonight and people in the blugrass must be relieved that big spenders are still around. The average price of the 69 yearlings sold was $347,319, up 49% over 2009, the median $250,000, up 25% (stats via Keeneland’s sortable auction results). And more good news: “The buy-back rate was 25.8%, down significantly from 41.2% in 2009.” Neither Sheikh Mohammed nor Coolmore was particularly active (the former purchased a Bernardini colt for $450,000, the latter an A.P. Indy for $600,000), but Shadwell bought six for a gross total of more than $2.8 million, including a striking Bernardini colt for $800,000. Of the young sires represented, the 2006 champion 3-year-old was the most successful both by number sold (three) and gross (almost $1.4 million).

First punch in another round of racetracks versus ADWs? TVG declined to show all but three races from opening day at Belmont Park, citing contractual obligations. “We have a plethora of tracks running today that are exclusive to TVG,” said TVG executive Tony Allevato. “NYRA is not an exclusive track.”

Posted in Racing on September 12, 2010 / Tagged ADWs, Belmont Park, Bernardini, Buzz Babies, International, Juveniles, Keeneland, Midday, Sales, Sariska, Stay Thirsty, TV, TVG

Significant Support

8/20/09 Update: Much, much more on the Saratoga numbers, from Steve Zorn. “The Saratoga sale’s success masks some serious problems, and does nothing to address the weakness in the thoroughbred industry.”

How much did Sheikh Mohammed and the Maktoum family support the recently concluded Fasig-Tipton Saratoga select sale? By quite a bit more than acknowledged, according to Bill Oppenheim’s estimate in today’s TDN:

While no one seems to want to admit it publicly (they buy for “unnamed principals who don’t want to be identified,” or some such doubletalk), everybody knows a number of European trainers and agents are employed to sign for horses which end up racing for Maktoum entities. My entirely unofficial and unverifiable estimate is that seven other agents or trainers were signing tickets on their behalves, and their actual purchases consisted of about 37 yearlings totaling around $20.5 million in sales. That would represent 18 percent of the horses sent through the ring, and 39 percent of the money spent. I’ll bet that closer to the truth.

Savvy sellers plan for the future.

Posted in Industry on August 13, 2009 / Tagged Auctions, Bill Oppenheim, Business, Fasig-Tipton, Sales, Saratoga, Sheikh Mohammed, TDN

Perspective

In the midst of headlines about expensive yearlings and the optimism such babies inspire, Jeff Scott reminds readers,

that the vast majority of the most important races continue to be won by horses that didn’t cost a small fortune. For example, the 83 Grade I winners over the past 12 months included just four horses that sold commercially for more than $350,000 – one yearling and three juveniles.

Of 35 Grade I winners sold as yearlings, 20 were purchased for $85,000 or less. They included no less than seven champions (Curlin, Zenyatta, Big Brown, Wait a While, Forever Together, Midnight Lute and Stardom Bound), as well as Derby winner Mine That Bird, who brought all of $9,500 at Fasig-Tipton’s 2007 October yearling sale.

Underbidders, feel consoled.

Odds and ends: “I was told he was drunk, had no credit, and had run away.” No, not Sheikh Mohammed, on the premises and good for $11.8 million, or 22.6% of the gross at the just concluded Fasig-Tipton select Saratoga sale, but an unknown bald man, who opened the bidding at $1 million for a Kingmambo filly then fled the pavilion after the hammer came down … Trying to interview the Sheikh? “Don’t bum rush” … Obligatory The Green Monkey mention.

Posted in Industry on August 12, 2009 / Tagged Auctions, Business, Fasig-Tipton, Green Monkey, Sales, Saratoga, Sheikh Mohammed