JC / Railbird

Saratoga

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

Weekend Notes

– Racing has a new Omnisurface Star: Colonel John, winner of the 2008 Santa Anita Derby (Pro-Ride) and Travers Stakes (dirt), made his 2009 debut a winning one, taking the ungraded Wickerr Stakes (turf) at Del Mar by two lengths in a fast 1:32.77 (just missing the track record). Trainer Eoin Harty now has some options for the 4-year-old Tiznow colt: “He can do anything.”

– The lack of TV coverage for this weekend’s fantastic racing “amounts to a blackout,” says Steve Crist. Count it also as a lost opportunity.

– Maybe part of the problem with getting coverage is that apparently even the NTRA doesn’t follow the sport that closely. “The Haskell Invitation is today at 6:15PM … http://bit.ly/grQoo,” reads an official tweet. Dear NTRA tweeter, note: The Haskell Invitational is scheduled for tomorrow, Sunday, August 2.

– Bill Finley sees into the future: “Munnings is going to beat her.” [Oops!]

– Monmouth photos: There’s something in the air, and check out that filly.

– Jess Jackson may have the best 3-year-old running, and his wife, Barbara Banke, the best 2-year-old: Hot Dixie Chick was given a Beyer speed figure of 103 for her visually impressive Schuylerville Stakes win on Wednesday. Backtalk, an undefeated son of Smarty Jones attracting some attention, received a BSF of 82 for his hard-fought Sanford win on Thursday.

– Discreetly Mine, a half-brother to Discreet Cat who made an impression on me in his debut, returns in the sixth at Saratoga this afternoon. The 3-1 morning line favorite in a field of 13, he gets blinkers on and boasts a bullet work for trainer Stanley Hough. Also entered is Krypton, a first-time starter by freshman sire Rock Hard Ten (one of my old favorites) out of Kiaran McLaughlin’s barn. Rock Hard Ten is off to a decent start with his offspring: Of the seven that have run so far, two have won, both in their debuts.

Posted in Racing on August 1, 2009 / Tagged Colonel John, Del Mar, Favorites, Monmouth Park, NTRA, Rachel Alexandra, Saratoga