About the $1.2+ million topper of the Saratoga select yearling sale:
“It’s hard to get into those pedigrees,” Hogan said. “[She’s from] an old Phipps family and has a great pedigree. If she works out to be a good race filly, you’ve got the residual [value]. She’s a half sister to a really good horse and with that kind of pedigree she could be a good hen.”
Buying, the real gamble. Not that Optimizer’s little half-sister by Dynaformer is going to sink anyone in this deal if she doesn’t perform. “When you have one billionaire (Brad Kelley) selling to another billionaire (Goncalo Torreabla) you know it is a good time to be in biz,” observed Byron Rogers.
Sales director Geoffrey Russell, asked how long the slump might last, replied:
Oh. Sounds like the just concluded Keeneland November sale augurs a rough year or three ahead.
An ownership depository, available only to registered buyers and agents who provide personal identification and sign a confidentiality agreement, didn’t garner a single request for information from any bidders at the Fasig-Tipton July sale:
Sure, a lack of obviousness could have been a problem, or it could have been the hassle involved in gaining access to the information. I don’t follow sales assiduously or know enough about that aspect of the industry to comment with any confidence, but it does seem odd that the ownership of every animal entered for sale wouldn’t be fully, openly disclosed. Perhaps Kerry at Thoroughbred Brief, who expertly explained the role of equine lenders in sales in a recent post, could illuminate why the opacity someday.
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