Month: November 2022

Brisk Trade At Keeneland November Book 2 Opener

by Jessica Martini & Christie DeBernardis

LEXINGTON, KY — The momentum from Monday's opening session of the Keeneland November Breeding Stock Sale continued into the first session of Book 2 Tuesday in Lexington with a pair of mares bringing seven figures.

“I would describe it as a solid day,” said Keeneland President and CEO Shannon Arvin. “Overall, we are very happy with the gross, very happy with the median and average being up over last year.”

During Tuesday's session, 197 horses sold for $35,073,000. The average of $178,036 was up 6.26% from a year ago and the median, which dipped slightly during Monday's session, was up 7.69% to $140,000.

“We continue to use the median and the RNA rate as our measures of the depth and health of the market overall,” said Keeneland Director of Sales Operations Cormac Breathnach. “The averages are great and are great for headlines, but we look at the depth of the market as well and the median is a good indicator of that. Today, in that sense, was a strong day. Yesterday was a good day, too, we had a lot of seven figure offerings which made the average really strong. But overall, our median is up from last year and that's how we hope to see that continue.”

The session's buy-back rate was 27.84%, up from last year's corresponding figure of 22.07%, but that increase could be a reflection of the strong market, according to Breathnach.

“The RNA's are up a little bit, but people are probably being a bit more selective because replacement costs are high,” he said. “And you are going to roll on for another year if you don't feel like you can replace with the same quality.”

Jane Lyon of Summer Wind Farm made the day's highest bid, going to $1.45 million to acquire the 4-year-old racing/broodmare prospect Park Avenue (Quality Road). Jim and Dana Bernhard, stocking their broodmare band at their recently acquired Pin Oak Stud, made the session's other seven-figure bid when going to $1 million for Sweet Sami D (First Samurai), who sold in foal to red-hot Gun Runner. It was the first time Book 2 of the November sale had produced a million-dollar transaction since 2017.

Pin Oak Stud purchased four mares Tuesday and was the session's leading buyer as the domestic buying bench gained strength into Book 2.

“We had a really strong buying bench,” Arvin said. “We had much more domestic activity today than we did yesterday. We saw Jane Lyon, Determined Stud, and the Winchells and Jim and Dana Bernhard adding to their bloodstock. It was nice to see them active.”

With two positive sessions in the books already, the November sale will have plenty of momentum to carry it through its final eight sessions.

“We are off on the right foot,” said Breathnach. “We have the first day of Book 2 behind us and we have eight more sessions in the Breeding Stock Sale and then the racehorse sale to come, but it feels really good and the energy is good. There are a lot of buyers here and a lot of people talking about the shows in the barn area for tomorrow and beyond. We know we have a long way to go, but we are very pleased with this beginning.”

The Keeneland November Breeding Stock Sale continues through Nov. 16 and is followed by a Horses of Racing Age Sale on Nov. 17. Bidding begins daily at 10 a.m.

Park Avenue Leads to Summer Wind

Jane Lyon of Summer Wind Farm had been outbid on some of her top picks earlier on the sale, so she was bidding with determination when she acquired Park Avenue (Quality Road) (hip 478) for $1.45 million Tuesday at Keeneland.

“I need some good mares,” Lyon said after signing the ticket on the 4-year-old filly. “I've been outbid on several I wanted–the sale topper yesterday and a couple of others along the way–so I was pretty determined not to get outbid on her.”

Park Avenue, a $450,000 Keeneland September yearling purchase, won this year's Ouija Board Distaff S. and was second in the GIII La Canada S. for Hronis Racing and trainer John Sadler. She retires from racing with four wins from 14 starts and earnings of $330,887.

Lyon is breeder and co-owner of recently retired superstar Flightline (Tapit) and Park Avenue could be visiting that stallion next year.

“We are going to debate it,” Lyon said of possible mating plans. “Because there is a close connection pedigree-wise [to Flightline]. But we will debate that with people who know–certainly not me.”

Park Avenue is out of Remarkable, who, like Flightline's dam Feathered, is by Indian Charlie.

Asked if she was surprised by Park Avenue's seven-figure price tag, Lyon said, “Oh yes. I am always surprised.”

During Monday's first session of the November sale, Lyon acquired the racing/broodmare prospect Edgeway (Competitive Edge) (hip 156)–also trained by Sadler for Hronis Racing–for $1.7 million.

“I am looking for good, quality mares, preferably if they had raced and been successful,” Lyon said. “I came here saying I was going to buy mares in foal and so far I've bought two who aren't. I am going to have to sit down and rethink it.”

Park Avenue was consigned Tuesday by Lane's End and the farm's Allaire Ryan thought she was a standout in Book 2.

“When two people want them, anything can happen,” Ryan said. “In this group, she was a standout for us. That was beyond our expectations and a super sale all the way around. She was a beautiful filly who obviously had plenty of talent and ability on the track. Her looks just surpassed that. She took your breath away when you saw her. She's a classy filly. She was popular at the barn and people kept coming back to look at her multiple times. We knew we had the right players on her. It's nice to see everyone get rewarded.” @JessMartiniTDN

 

 

 

Bernhards Assembling Broodmare Band For Their 'New' Farm

With their recent purchase or the historic Pin Oak Stud near Versailles, Jim and Dana Bernhard were busy at Keeneland purchasing mares for their new property. They purchased 10 yearlings at the Keeneland September sale under the name of their Lynnhaven Racing, but signed under the name of Pin Oak Stud Tuesday.

“We have plenty of stall space out there, so we figured we might as well get as many good ones as we can,” Matt Weinmann, the Bernhards' advisor, said. “We are looking for top quality, good pedigrees with really good physiology. You can't put a number on how many of those are in this sale. We will see.”

Their first purchase under their new moniker was Broadway Lady (Constitution) (Hip 283) for $500,000. A $125,000 FTKJUL yearling buy, the dark bay won four of her 21 starts and hit the board in seven others. She had a timely update coming into the sale, finishing third in the GIII Ontario Matron S. Oct. 22.

Out of SW Livi Makenzie (Macho Uno), Broadway Lady is a half to dual Grade III-winning sophomore colt Tawny Port (Pioneerof the Nile). She was consigned by Bluewater Sales on behalf of owner Gary Barber.

“We are going to breed her next year,” said Weinmann. “She is a lovely filly and checked all the boxes for us. Being Grade III-placed in her last race gave her that black-type, which is very important. After the sale, we will go over matings and see who she fits and go from there. We really liked her. She's beautiful.”

The new Pin Oak crew was back in action later in the session, taking home Cyrielle (Animal Kingdom) (Hip 313) for $160,000 and going to $700,000 for Querelle (Violence) (Hip 497) from the Grovendale consignment. The GSP mare, who sold in foal to Constitution, was acquired by Glendalough at Dromoland for $220,000 at the KEEJAN sale earlier this year.

They made their biggest purchase of the day late in the session, going to a cool $1 million for Sweet Sami D (First Samurai) (Hip 573), who sold in foal to red-hot sire Gun Runner.

“She was probably my favorite physical of the day,” said Weinmann. “She is really high-quality mare in foal to one of the best stallions on the planet. We are just extremely excited to have her.” —@CDeBernardisTDN

 

 

 

Stonehaven's Stellar Season Continues at KEENOV

The Reddoch's Stonehaven Steadings had an exceptional Keeneland September Sale and their hot streak continued in the November sales ring Tuesday with the $1-million sale of Sweet Sami D (First Samurai) (Hip 573), who was offered in foal to sensational young sire Gun Runner.

“I'm speechless,” said a clearly emotional Leah O'Meara, who owned the mare in partnership with her parents operation and her husband Aidan O'Meara. “I didn't want to bring her out here, but I'm glad we did. I'm really glad we did.”

Aidan O'Meara added, “We bought her last year and she just blossomed ever since she's been at the farm. We put her in foal to Gun Runner last year with the thoughts of coming this way. Then Gun Runner did what he did last year, so we decided we'd take a chance and bring her out here and see what the market would do. There is an obvious attachment there, so it is a little bittersweet.”

A $65,000 claim last August, Sweet Sami D was withdrawn from last year's November sale and was mated to Gun Runner. She was a talented racehorse with a record of 21-4-4-4 and multiple stakes placings, including the GIII Monmouth Oaks for trainer Pat McBurney.

“We were talking ourselves in and out of bringing her out here,” Aidan O'Meara said. “But, this was just an incredible result. We are delighted to have made the decision we did to come out here with her.”

The Stonehaven Steadings team sold a total of 18 yearlings for $8.188 million during Keeneland's September Sale, including the sale-topping $2.5-million Quality Road colt now named Metro.

“We are lost for words,” said Aidan O'Meara. “We were lost for words in September here, but this is even more incredible. It is hard to even fathom the type of year we've had. We've been so blessed. So many things have gone our way in an industry which is renowned for things being difficult. It has just been an incredible year for us and hopefully we can use this as a catalyst to build off and keep it moving forward bit by bit.” —@CDeBernardisTDN

CHC Collecting Mares For Life Is Good

The China Horse Club kept busy Tuesday, acquiring mares to send to their new stallion Life Is Good, topped by the $750,000 Ragged Rose (Union Rags) (Hip 500), who is in foal to Quality Road.

“She is a beautiful mare from a great family and in foal to Quality Road, who is nearly the best stallion in America,” said CHC's Michael Smith. “She is very clean, strong, good limbs, great action. She is very straight forward, everything you look for in a mare. She will complement him beautifully.”

A $200,000 KEESEP buy, Ragged Rose is out of SW & GSP Cat Charmer (Storm Cat), making her a half-sister to MGSW Strike Charmer (Smart Strike) and MSP Sweet Dreams (Candy Ride {Arg}), the dam of GSW & GISP Subconscious (Tapit). She was consigned by Grovendale Sales.

China Horse Club, signing as CHC INC, also purchased Summer Solo (Arch) (Hip 566) for $400,000 in foal to champion Essential Quality, Coastana (Kitten's Joy) (Hip 304) for $290,000, Lady Aces (Constitution) (Hip 419) for $200,000 and Pythoness (Liam's Map) for $110,000. Smith indicated that all four of those mares would go to Life Is Good.

CHC purchased five mares in total for $1.75 million and an average of $350,000. They also bought Princess Grace (Karakontie {Jpn}) for $1.7 million at Fasig Tipton Sunday and intend to race her in Australia next year.

“The market is strong, but if you do your homework and keep sifting through them, you can find a bit of value as well,” Smith said. “I think we bought well today. We got some really nice race fillies with stakes form as well as this mare with the big cover.” —@CDeBernardisTDN

Song of Mine to West Point

Terry Finley of West Point Thoroughbreds signed the ticket at $700,000 to acquire Song of Mine (Ghostzapper) (hip 550) while standing out back alongside David Ingordo, but when it was time to talk to the press, Finley and Ingordo left the talking to Will Farish, son of Lane's End's Bill Farish.

“She was a beautiful mare,” Farish said. “We were excited to get her and to get her at the price we got her.”

Consigned by Buckland Sales, the 7-year-old Song of Mine sold in foal to Curlin. The half-sister to champion Songbird (Medaglia d'Oro) was purchased by the Haughey family's PTK for $800,000 at the 2016 Fasig-Tipton Saratoga sale. She made five starts in the PTK colors, hitting the board twice.

While the West Point/Lane's End partners have been buying mares to send to the recently retired Flightline, plans for Song of Mine have yet to be finalized.

“We have no immediate plans,” Farish said. “We're still talking about it, but we are excited to have her.”

Asked how he was finding the competition this week in Lexington, Farish said, “The market is really strong. It's tough to buy. But it's great for the business.”

With the arrival of superstar Flightline, the 24-year-old Farish has picked an exciting time to get more involved in the family business.

“I am working for David Ingordo, I just started this year,” Farish said. “It's been a fun start. I hope to keep working with David for the foreseeable future. I've been going to all these sales and learning a lot. I am going to try to keep learning.”

It was easy for Farish to pinpoint the highlight of his year so far.

“Well this past weekend was pretty fun,” he said with a smile, referring to Flightline's romp in the GI Breeders' Cup Classic. @JessMartiniTDN

 

 

 

Schoenthal Determined to Get Don'tforgetaboutme

With a page laden with black-type, Don'tforgetaboutme (Malibu Moon) (Hip 334) proved quite popular Tuesday and it was trainer Phil Schoenthal, acting on behalf of Matt Dorman's Determined Stud, who won out at $550,000. Consigned by Claiborn Farm, she sold in foal to Blame.

“Anytime you get a mare, where the first dam fills the page with a bunch of graded stakes winners and black-type, it is very commercial,” Schoenthal said. “All of her foals have sold very well. She's a good producer, so it is all the boxes we are trying to check to put together an elite broodmare band. We are also big fans of Blame. I just told Mr. Hancock that we were trying to find some mares to breed to him, so the fact she was in foal to Blame was a bonus for us. She was the whole package.”

As for who she will visit next, Schoenthal said, “Mr. Dorman has a lot of stallion shares that he has purchased, so we will sort all of that out later. We have a lot of options with her.”

Don'tforgetaboutme is a half-sister to GSW Mo Tom (Uncle Mo), MGSW Red Ruby (Tiznow), SW & MGISP Beautician (Dehere) and SW Bella Castani (Big Brown). Claiborne purchased her for $675,000 at the 2015 KEENOV sale and she produced five foals for them, including GSP Royal Spirit (Into Mischief). All of them fetched six figures at their respective yearling sales, topped by her 2021 Candy Ride (Arg) colt, who brought $575,000 from WinStar and Siena Farm at the recent KEEESEP sale. —@CDeBernardisTDN

Quality Road Colt Destined for Resale

A colt by Quality Road (hip 315) was the top-priced weanling Tuesday at Keeneland when selling for $425,000 to Archie and Michelle St. George. Consigned by Lane's End, agent, the gray is out of the unraced Daisy Miller (GB) (Smart Strike), a half-sister to graded winner Mrs. Danvers (Tapit) and from the family of War Front.

“The sire is very good and the physical is very good, so he just made sense,” said Archie St. George, while confirming the colt was purchased to pinhook next year. “He has a good hind end to him and he walks really well. He ticks a lot of boxes.”

The weanling was bred by W.S. Farish, Greathouse Equine, David Greathouse, Kerry Cauthen and Tony Lacy. Deuce Greathouse purchased Daisy Miller for €60,000 at the 2017 Arqana December sale. Her colt by American Pharoah sold to Hideyuki Mori for $175,000 at this year's Keeneland September sale. The 8-year-old mare was bred to Yaupon this year.

Asked how he was finding the foal market in the early days of the November sale, St. George smiled and said, “Too strong.” @JessMartiniTDN

Good Day For Grovendale

James Keogh's Grovendale Sales, now operated in partnership with Chance Timm, made a strong showing during the Book 2 opener with the successful pinhook of a pair of mares.

First up was Querelle (Violence) (Hip 497), who sold in foal to Constitution for $700,000. The Grade III-placed mare from the family of GISW Declassify (Orientate) was purchased by Keogh and partner Chip Muth of Glendalough at Dromoland for $220,000 at this year's KEEJAN sale.

“Myself and my friend Chip Muth bought her together,” Keogh said. “We bred her to Constitution and it worked out really, really well. I think she was the second -or third-last mare through the ring during the January Sale.”

Just three hips later, another Keogh pinhook, Ragged Rose (Union Rags), brought $750,000 carrying a foal by Quality Road.

“She is a beautiful mare,” said Keogh. “A couple of my friends got together. She was in California last year and a friend of ours was able to arrange the purchase. We were fortunate enough to get to Quality Road and obviously Quality Road is the magic.”

Overall, Grovendale sold 14 head for $3,752,000 for average of $268,000.

“We have sold 11 out of 12 so far,” Keogh said three-quarters of the way through the session “It is very, very important to get your reserves correct. We have been on the reserve or a little were obviously the exception. It's always a good market at Keeneland.” —@CDeBernardisTDN

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‘It’s Really Starting To Catch On Now’: Caravel’s Breeders’ Cup Win Gives Online-Only Wanamaker’s Its Biggest Graduate

By just about any metric, Liza Hendriks had a good day at the office during Saturday's Breeders' Cup card at Keeneland.

She had a seat in one of the owner's boxes. Good seat, good day.

Her mother, Elizabeth Merryman, bred the Pennsylvania-born Caravel, and they sat together to watch the mare upset the Breeders' Cup Turf Sprint at odds of 42-1. Good day.

Hendriks had $50 across the board on Caravel's nose. Really good day.

It might not have been as immediately exciting as hitting a big ticket, but Caravel's Turf Sprint triumph also provided the biggest graduate update in the young history of Wanamaker's online auction platform, co-founded by Hendriks. That could lead to more good days ahead.

Caravel was offered in the 2020 Wanamaker's October Sale, the company's fourth-ever auction, where she finished under her reserve with a final bid of $330,000.

At the time of the sale, the daughter of Mizzen Mast raced as a homebred for Hendriks' mother. Also trained by Merryman, the filly had won each of her first three starts, including a victory in the Lady Erie Stakes at Presque Isle Downs.

“She was running really well, and I had just launched Wanamaker's, and she wanted to support it,” Hendriks said. “She was thinking about selling her, just because she was doing so well, and she was a big advocate for online auctions, so she really trusted it.”

Wanamaker's debuted in June 2020 at a time when COVID-19 made buying things online especially appealing, and meeting one person at a farm or stable to inspect a horse seemed more attractive to many than sharing the oxygen of a sales pavilion with hundreds of other people. There were a handful of online-only Thoroughbred auction companies in the space, but the major North American auction houses were still figuring out their online bidding blueprints on the fly.

Wanamaker's had scored an early success with the $400,000 sale of the Friesan Fire gelding Fiya during the July 2020 renewal of its monthly auctions, displaying proof of concept that buyers would spend serious six-figure money, even if the fall of the hammer was virtual.

After she was announced for the catalog, Caravel finished third in the Hill Top Stakes at Pimlico. Even though she finished the sale as an RNA, Hendriks said the timing of the filly's entry, the timely black type update, and the logistics of it all served as another high-profile proof of concept for how the auction platform could work.

“Caravel didn't end up selling, but we thought that was a reasonable price for her,” Hendriks said. “It just really proves that for proven horses, it's a great place for them because you can sell them at any time. At that time, there wasn't a sale for her. She ran during the sale. They can run the weekend they're in the sale, and you don't have to ship anywhere.”

Celebrity chef Bobby Flay later joined Merryman as a co-owner in a private transaction, and the filly earned a victory in the Grade 3 Caress Stakes before finishing last of 12 in the 2021 Breeders' Cup Turf Sprint at Del Mar. A few days later, she went through the ring at the Fasig-Tipton November Sale and sold to the partnership of Qatar Racing and Mark Detampel. Madaket Stables later joined the group, as well.

Caravel was moved from Merryman's barn to Eclipse Award-winning trainer Brad Cox, and she tallied victories in the G3 Intercontinental Stakes and G3 Franklin Stakes prior to her Breeders' Cup victory, reversing her fortunes from a year earlier.

“I was just so happy for my mom, because she still has the whole family,” Hendriks said. “She has the dam and five siblings. My brother trains two of the siblings right now.”

Hendriks said she has kept close with Caravel since the she moved from her mother's barn.

“She's very feisty,” she said. “I've gotten to see her in Saratoga through the summer, and then I saw her yesterday after her big win. It's incredible to see how good of a race filly she is. ”

Caravel was cataloged for this year's Keeneland November Breeding Stock Sale, but she was scratched following her Breeders' Cup win. She currently resides at Hunter Valley Farm, where she will rest up for a 2023 campaign.

Having a Breeders Cup-winning graduate is a game-changer for any fledgling auction house, but the online marketplace has grown just as quickly as Wanamaker's resume.

Both Keeneland and Fasig-Tipton have hosted online-only auctions, on top of offering live online bidding during its brick-and-mortar sales. Fasig-Tipton has even taken the concept as far as offering single-horse flash sales for connections that want to take quick advantage of a big update.

“I think it's really starting to catch on now,” Hendriks said. “Fasig-Tipton's also doing it now, and I think it proves that online auctions are working and the market's going in that direction. It's awesome to see the sales market changing to be more year-round, rather than set times throughout the year. If a racehorse jumps up, or a sibling, you can sell them at any time, and it doesn't have to be through the private market. It's exciting to see that change.”

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Even so, the Thoroughbred industry is one that can be notoriously resistant to change, especially when it comes to technology and the bloodstock sphere. Hendriks said that education for both buyers and sellers has been paramount.

“It's been a slow process, but people are coming around to it quicker than I actually thought,” she said. “I think COVID did help with that, for moving people online. People buy everything else online, so why not buy horses online?”

In addition to its monthly auctions, Wanamaker's has also expanded into hosting regional sales for state breed organizations, including groups in New York and Pennsylvania.

Caravel is the biggest star to come out of a Wanamaker's sale, but Hendriks pointed to the Laoban gelding Be the Boss, who sold to Morning Star Farm for $35,000 during the company's New York-Bred Horses of Racing Age Sale in July, as an example of just what the online bidding platform can offer.

“We sold the horse, and the seller actually paid the next morning, we transferred the papers to Saratoga, and they entered the horse the next day, and ran that Sunday,” she said. “So, the horse sold on Thursday, and entered on Friday for Sunday. Then he ended up winning on one of the last days of the meet.”

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Suspended Jockey Pierre-Charles Boudot Has Licence Withdrawn ‘Indefinitely’

French jockey Pierre-Charlies Boudot, who is currently suspended from riding due to being indicted on a rape charge last May, has had his licence “withdrawn indefinitely” by France Galop, at the French Ministry of Interior's request, Jour de Galop reported on Tuesday afternoon. The investigation is still ongoing, and it is unclear if the case will proceed to a trial.

France Galop said that they had received a letter from the minister of the interior on Nov. 7 indicating that the ministry was maintaining its request that Boudot's license remain suspended, and therefore, “it is necessary, under these conditions, pursuant to the aforementioned decree, to proceed with the withdrawal of the authorizations of Mr. Pierre-Charles Boudot, namely his authorization as jockey.”

Originally arrested on May 10, 2021 and charged with the rape of a work rider in February of that year on May 12, 2021, the jockey's licence was suspended for three months. His riding ban was then extended an additional six months, and then another half-year period until Aug. 16, 2022. Boudot is currently serving his third suspension extension, which began Aug. 17.

“As always, we try to determine in what way the public good, the sincerity and morality of racing would be impacted if a jockey linked to a moral affair in racing shows up at the start of a race,” the spokesperson for the Ministry of the Interior (Central Service of Racing and Gaming) told Jour de Galop. “The Central Service of racing and gaming has asked that the environment and the seriousness of the facts of which Pierre-Charles is accused be taken into account on the administrative level. This withdrawal [of his licence] is not final. On the one hand, his lawyer will be able to appeal. It will also be possible for him to reapply for approval.”

 

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Brown ‘Optimistic’ Domestic Spending May Be Released To Local Farm Next Week

Trainer Chad Brown released an update Tuesday on the condition of Grade 1 winner Domestic Spending, following a diagnosis of a pelvic fracture after the 5-year-old was pulled up during his bid in the Grade 1 Breeders' Cup Mile at Keeneland on Nov. 5.

Jockey Flavien Prat pulled up the gelding going into the final turn of the turf course and brought him to the outside rail before unsaddling quickly. The horse was vanned to nearby Rood and Riddle Equine Hospital, where he has been receiving treatment.

On Sunday, Brown took to Twitter to confirm Domestic Spending's diagnosis. He also explained that his veterinary team believed the fracture had occurred when the horse left the starting gate, and worsened over the course of the race.

Brown's Tuesday Tweet reads: “Domestic Spending continues to do well. He is comfortable, bright, and has a great appetite. We are optimistic to release him next week to our local farm where we are committed to provide him with a pampered life in beautiful pastures.”

Prior to Breeders' Cup day, Domestic Spending had never finished off the board and has wins in the G1 Manhattan, G1 Turf Classic, G1 Hollywood Derby and the Saratoga Derby Invitational to his credit. His last race was a second in the G1 Mr. D Stakes at Arlington Park in August 2021.

He had been training towards a Breeders' Cup start in 2021 but suffered a suspensory ligament injury in the days ahead of the race.

Brown conditions the 5-year-old for owner Klaravich Stables (Seth Klarman). He was bred in England by Rabbah Bloodstock and is by Kingman, out of Street Cry mare Urban Castle.

Pelvic fractures in racehorses can happen as the result of a traumatic event, but can also be associated with repetitive stress, sometimes in relation to breaking from a starting gate.

Read more about pelvic fractures in racehorses in this story from 2017.

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