JC / Railbird

Yearlings

The International Market

Keeneland auctioneers adapt:

“You try and get rhythm in your chant, but at the same time you understand you’ve got people out there speaking probably 15 or 20 different languages, and most of the time they’re looking at the tote board now instead of listening to you,” he said. “So it’s very important that you are clear and precise in your numbers and everybody understands what the bid is and what the current asking price is.”

Posted in Racing on September 6, 2012 / Tagged Auctioneers, Auctions, Business of Racing, International, Keeneland, Sales, Yearlings

Keeneland Gains

The two-week Keeneland September yearling sale closed on Sunday, and to the relief of those involved in the business of breeding and selling horses, it closed with gains. “I mean, you have to be happy with it overall,” a consignor told the Blood-Horse, “considering everyone was going into it with grim prospects.” Reports the Thoroughbred Times:

Total sales, average price, and median all rose compared with the 2009 September sale, and the buy-back rate improved from 27.5% to 26.7%. Keeneland reported 3,059 yearlings as sold from 4,174 offered for $198,257,900, a 3.3% increase from $191,869,200 in total sales a year ago.

“It wasn’t a home run,” notes the Daily Racing Form. “But the Keeneland September yearling sale … posted solid returns that may have signaled that the bloodstock bust is over.” And it did so with sharply reduced spending by the Maktoums, points out the Paulick Report.

Whew. Everyone feeling a little more hopeful now?

Of the young sires, Bernardini was the standout, with 31 yearlings selling for an average of $199,323, a gross of nearly $6.2 million (numbers via). While I haven’t missed noticing that Bernardini’s first crop runners have been doing exceptionally well, I only noticed yesterday that he’s already an omnisurface sire, with winners on dirt, turf, and synthetics. His offspring have also either won or placed in group or graded stakes on all three surfaces. Interesting.

Is it too early to start talking about possible 2011 buzz babies? Here’s a 2009 filly to watch for, a half-sister to Zenyatta by Bernardini.

Posted in Industry on September 27, 2010 / Tagged Bernardini, Business, Eblouissante, Freshman Sires, Juveniles, Keeneland, Sales, Statistics, Yearlings