‘Pragmatic’ Keeneland November Sale Concludes with Numbers Down

The Keeneland November Breeding Stock concluded its nine-day run in Lexington Thursday with numbers off from its 2022 renewal in what Keeneland Vice President of Sales Tony Lacy called a “pragmatic, solid sale.”

At the close of business Thursday, 2,128 horses had sold through the ring for $176,571,000. The average of $82,975 was down 16.94% from a year ago, while the median of $32,000 was down 20.00%.

“Overall, it's been a very pragmatic, solid sale,” said Lacy. “Demand for quality is extremely strong, probably as strong as ever, and that's very encouraging. There's a lot of stability in the market. With a slight correction, we're down just 15% on most metrics, and that's within expected parameters considering we're dealing with increasing interest rates and a strong U.S. dollar. Early in the sale, there was some protectionism from sellers who weren't going to let nice horses go below a value they felt was reasonable. And the market is more sensitive to mares that are a little more exposed. That's not unreasonable. We saw that in September and in other markets. The middle market was extremely healthy. Sellers were pleased for the most part, and buyers found it tough to buy the quality stock.”

With 600 horses reported not sold during the nine-day auction, the buy-back rate of 21.99%–just a tick lower than last year's figure of 22.04%–was a bright spot in the November results, according to Keeneland Director of Sales Operations Cormac Breathnach.

“I think one thing we observed, a few sessions into the sale, sellers recognized the market in front of them and were very pragmatic in their approach, so as a result, we have had a very good clearance rate,” Breathnach said. “It's actually better than last year. When you do that and you manage expectations and have a high clearance rate, typically average and median are going to come down a little bit as well.”

The Keeneland November sale also featured a vibrant post-sale market this year.

“Our RNAs-to-sales activity is double what it was last year,” said Breathnach. “So the post-sale transactions are twice the gross total volume that they were last year. Which is a sign that the market is still hungry. There is still a lot of activity, a lot of horses being traded.”

There were 91 post-sale transactions at the 2023 November sale, resulting in an additional $12,265,000 in gross. In 2022, an additional 84 post sales grossed $6,402,500.

The most high-profile of those post-sale transactions this year was for Puca (Big Brown). Carrying a full-sibling to this year's GI Kentucky Derby winner Mage (Good Magic), the mare was originally led out of the ring unsold during Wednesday's Book 1 session, but she ultimately sold for what would have been a sale-topping $2.9 million to John Stewart.

With her inclusion, the November sale had 12 seven-figure offerings. The 2022 November sale had 13 seven-figure sales, including the $5.5-million sale topper Midnight Bisou (Midnight Lute) and the $4.6 million fractional interest in Flightline (Tapit).

The Keeneland November results do reflect a softening in the market and that should be no surprise amidst swirling global uncertainties, said Gabriel Duignan of Paramount Sales.

“There's no denying there's a little correction, which kind of mirrors the rest of the world,” said Duignan. “I thought the good foal market was business as usual; if you had a good foal, you got well-paid for him. With the mares, the horses they want–the young mares and broodmare prospects–they're selling good. As a seller, it was a little sad that some of the mares that had just a little bit of exposure sold for cents on the dollar. The market just wants certain things and if you don't fit into that category, you're going to be penalized.”

High Demand in the Foal Market

While the 2023 November sale failed to come close to the seven-figure weanling from 2022, the overall foal market was strong.

“If you look at the foal market, it was incredibly strong and it shows that with quality breeding stock producing quality foals, you can get a great return, whether it's a yearling or a weanling,” said Lacy. “When you look at the weanling market, the weanlings who brought $400,000 or above, or $500,000 or above, were double the number from last year. And last year was widely considered a very strong market. So I don't think that there is a perception that the market is weak. The market has shown that they are willing to spend premium for quality stock.”

A colt by Gun Runner was the top-priced weanling of 2023 when selling to Shadwell Racing for $750,000. The youngster was one of 19 to sell for $400,000 or over this year.

A total of 775 weanlings sold at the 2023 November sale for a gross of $54,908,700. The average was $70,850 and the median was $35,000.

In 2022, 855 weanlings sold for $60,770,600 for an average of $71,077 and a median of $37,000. With a $1.5-million filly leading the way, 10 weanlings sold for $400,000 or over in 2022.

“We have had a couple of record September [yearling] sales in the last couple of years and the September market has been incredible,” said Breathnach. “So what we all noticed early on in the first few sessions [of the November sale] was strength in the foal market, which we feel is a reflection of confidence in next year's yearling market.”

Breathnach added that the strength of the weanling market may have boosted the mare market.

“Buyers saw an opportunity in the mare market,” he said. “If they were getting shut out or having to spend 20% to 30% more than the same foal might have cost last year, they pivoted and began buying mares carrying those pregnancies.”

Grade I winner Yaupon, whose first crop arrived this year, was the November sale's leading sire of weanlings with 31 foals bringing a total of $4,137,000. At $450,000, the most expensive was a colt out of the Bernardini mare Zetta Z who sold to Randy Hartley and Dean De Renzo's AAA Thoroughbreds, the sale's second-leading buyer with 18 purchases through the ring for $4.85 million.

Into Mischief was the leading sire of weanlings by average with three or more sold. His three weanlings averaged $433,333.

Leading Buyers, Sellers

Jacob West, as agent for Repole Stable, was the November sale's leading buyer with nine horses purchased for $5.22 million. Repole, whose week in Lexington began with the $6-million purchase of champion Nest (Curlin) at Fasig-Tipton, purchased Interstatedaydream (Classic Empire) for $1.4 million and Surprisingly (Mastery) for $1 million at Keeneland.

The auction's 12 highest-priced horses sold to 11 buyers representing interests from the U.S., Europe and Japan.

The November Sale also featured the first mares offered at Keeneland in foal to 2022 Horse of the Year Flightline, who was represented by seven mares sold for $6,625,000 to lead covering sires by gross and rank second to Into Mischief by average with $946,429. The most expensive mare in foal to Flightline was Grade I winner Dalika (Ger) (Pastorius {GB}), who is carrying her first foal and sold for $1.65 million to Pursuit of Success LLC.

For the 26th time since 1987, Taylor Made Sales Agency was the November sale's leading consignor, with 262 horses sold for  $22,889,900. The operation sold the auction's top-priced weanling, a colt by Gun Runner who brought a final bid of $750,000 from Shadwell Racing.

Pacific Pink Tops Keeneland Finale

Multiple stakes winner Pacific Pink (Private Vow) (hip 3310) brought the highest bid of Thursday's final session of the Keeneland November sale when purchased by Cary Bloodstock on behalf of Coteau Grove Farms for $85,000. The 11-year-old mare, who sold in foal to Volatile, was consigned by Denali Stud.  Her first foal, the 3-year-old Make the Boys Wink (More Than Ready), won a Churchill allowance Nov. 4 and, supplemented to the Fasig-Tipton November sale, sold for $450,000 to Gigi Stables three days later.

A filly by Beau Liam (hip 3359) was the session's top-priced weanling when selling for $70,000 to Buena Madera. Out of stakes-placed Sierra Aleone (Gemologist), the dark bay was consigned by Eaton Sales.

During Thursday's session, 255 horses sold for $2,645,700 for an average of $10,375 and a median of $7,000.

Horses of Racing Age Sell Friday

Selling will continue Friday at Keeneland with the company's second November Horses of Racing Age Sale. With entries still being added just days before sale time, 330 horses were catalogued for the one-session auction which begins at noon.

“We are excited for tomorrow's sale,” said Breathnach. “It's our second annual November Horses of Racing Age sale, so it's still a sale in its infancy. It's an important part of the market for us. This is where the purses really come into play and feed the demand for horses. Turfway is opening, Oaklawn is opening soon and Fair Grounds, so people are moving locations and it's a perfect opportunity for them to tweak their numbers and add or sell horses that have racing left in them.”

The Keeneland November Breeding Stock Sale had included a section of horses of racing age before that portion of the sale was separated out for its own sale a year ago. The inaugural November Horses of Racing Age sale saw 161 horses sell for a gross of $11,029,500 and an average of $68,506. Extortion (Into Mischief) topped the sale when bringing $1 million from Mick Wallace on behalf of Gandharvi.

“It's a sale that takes a little time to get really established,” Lacy said. “But we are seeing that there is an interest level from the Middle East and from different parts of world that are looking at this sale as an option now to source individuals for their racing programs. I think as the sale goes forward–and also the Horses of Racing Age Sale in April–it's going to gain more traction.”

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$1.7m Three Witches Highlights Book 2 Finale at Keeneland November

by Jessica Martini & Christina Bossinakis

LEXINGTON, KY – Three Witches (Into Mischief) provided the highlight of a workaday Book 2 section of the Keeneland November Breeding Stock Sale when selling for $1.7 million Friday in Lexington. Book 2 opened with a uneven session Thursday at Keeneland, but activity was more consistent throughout Friday's Book 2 finale.

“It was a solid day of trade,” said Keeneland's Vice President of Sales Tony Lacy. “From start to finish, it felt a little more consistent and healthy today. Yesterday was a little bumpy, the clearance rate was a little higher than we probably would have liked, but today was a lot more consistent.”

Through the two Book 2 sessions, 444 horses sold through the ring for a total of $69,520,000. The section's average of $153,599 was down 15.1% from the 2022 Book 2 figure, while the median fell 20%.

“There is certainly a little bit of an adjustment through the marketplace, but I think everyone felt pragmatic about it,” Lacy said. “I think it was an encouraging day. The money is still here for the right horses.”

Consigned by Indian Creek on behalf of Bob Edwards's e Five Racing, Three Witches brought the section's top price when selling for $1.7 million in the name of Rifa Mustang Europe, Ltd.

“Quality mares, young mares, well bred with the right breeding and not overly exposed, were highly desirable,” said Lacy. “I think that's been the consistent theme that we've seen so far. When we saw Three Witches go through for $1.7 million going to a client that is pretty established internationally, that's really encouraging. We are seeing that international investment still here.”

Justify, who had a pair of winners on Breeders' Cup weekend, was represented by the top two weanlings during Friday's session. Paul Sharp went to $525,000 for a daughter of the Triple Crown winner and AAA Thoroughbreds acquired a colt for $425,000.

The Keeneland November sale continues through Nov. 16 with sessions beginning daily at 10 a.m.

Three Witches Stars at Keeneland Friday

Three Witches (Into Mischief) (hip 936), just a week removed from a third-place finish in the GI Breeders' Cup F/M Sprint, became the 12th seven-figure filly of the Keeneland November sale when selling for $1.7 million to the internet bid of Rifa Mustang Europe, Ltd. The 4-year-old is expected to stay in training in the U.S. next year.

“She'll stay here in America and we'll try again on the racetrack,” said Keeneland Australian representative Barry Bowditch. “For a mare that raced five days ago, in one of the strongest Breeders' Cup races of the week, she looked so well and handled the trip back so well. You just feel that the best of her racing is yet to come. It will be great to have a new investor racing horses here in America.”

Bowditch said a trainer is still being discussed for the filly's 2024 campaign.

Bloodstock agent Mike Ryan purchased Three Witches on behalf of Bob Edwards's e Five Racing for $350,000 at the 2020 Keeneland September sale. Trained by Saffie Joseph, the dark bay earned a trip to the Breeders' Cup at Santa Anita with a win in the GIII Princess Rooney S. in October.

“It's always a hard decision [to sell] when you have something special that's won a Grade III and you drop her in the Breeders' Cup and, at 30-1, she hits the board,” Edwards said. “We believed in her and Saffie did a phenomenal job suiting her up and getting that Princess Rooney win for us and getting to the Breeders' Cup. That was all Saffie.”

Of the decision to send the graded-stakes winner through the ring at Keeneland, Edwards said, “I have a fair number of mares now. I have graded-stakes-winning mares on the roster and I figured I would move some inventory and see what happens next. We need to make room for up-and-coming stars.”

Edwards admitted Three Witches' $1.7-million price tag was above expectations.

“I was super excited with that result,” he said. “We knew there would be interest, we knew she would be the big horse for today. Keeneland did a phenomenal job. Chip McGaughey and his crew did a great job recruiting her and obviously bringing in the buyers. We were super happy with the job they did and the outcome was phenomenal. I wasn't expecting $1.7 million, but I was very happy to get it.” @JessMartiniTDN

Sharp Splurges for Justify Filly

Paul and Sarah Sharp, sitting in a back row of the sales pavilion, went to $525,000 to acquire a weanling filly by Justify (hip 975) from the Elite consignment Friday at Keeneland. The filly was the day's highest-priced weanling.

“We have been trying to buy really nice horses like that from the beginning of the sale and across town [at Fasig-Tipton] as well,” Paul Sharp said. “It's been really hard.”

Paul Sharp | Keeneland

The bay filly is out of Ada Lovelace (Algorithms), a half-sister to sprint champion Mitole (Eskendereya) and to Grade I winner Hot Rod Charlie (Oxbow).

“That was a legit family and a very athletic, really nice filly by one of the best sires in the world at this time,” Sharp said. “I feel like that justified the price and we are very happy to have her. It was a little higher than we wanted to go, honestly, but we are running out of bullets.”

The weanling was bred by Villa Rosa Stables, which purchased Ada Lovelace for $110,000 at the 2021 Fasig-Tipton November sale.

“Right now, the plan is to sell her back next summer,” Sharp, who signed for the filly as CSWV, said. “We're not sure where, but that's the plan.”

CSWV purchased another daughter of Justify Friday at Keeneland, going to $290,000 to acquire hip 793 from the Paramount Sales consignment. Through three sessions, the partnership has purchased five weanlings for $1,295,000. @JessMartiniTDN

Justify Colt to AAA Thoroughbreds

Randy Hartley and Dean DeRenzo's AAA Thoroughbreds, which has been busy buying weanlings from the Fasig-Tipton November sale Tuesday and into the first week of the Keeneland November sale, purchased a colt by Justify (hip 855) for $425,000 Friday in Lexington.

Hip 855 | Keeneland

“He's just a beautiful horse,” said Hartley. “We are big fans of Justify. When Scat Daddy passed away, we never dreamed that we would have another stallion that could replace him, let alone a Triple Crown-winning son of his. We came here in September and tried to buy every one that we could get our hands on. We bought, I think, six of them in September. We came here with the same goal in mind and the [Justify's two winners at the] Breeders' Cup just did it for us. He's the kind of stallion we haven't seen in a long time. I know Gun Runner got off to a really good start, but it looks like Justify is going to follow in the same suit.”

The chestnut colt, consigned by Hill 'n' Dale at Xalapa, is out of Saralin (Curlin), a half-sister to graded winners Salutos Amigos (Salute the Sarge) and Sarah's Secret (Leroidesanimuax {Brz}). He was bred by Orpendale, Chelston, Wynatt, and Kaleem Shah.

Shah and M.V. Magnier purchased Saralin for $1.3 million at the 2019 Fasig-Tipton Gulfstream sale. She made just one racetrack appearance and her first foal, another colt by Justify, sold for $300,000 at this year's Keeneland September sale. The mare proceeded her weanling into the ring, selling not mated to Shah for $285,000.

Through three sessions, AAA Thoroughbreds has purchased 14 weanlings for $4,370,000. A filly by Curlin (hip 151) leads the operation's acquistions with a price tag of $550,000. Earlier in Friday's session, it acquired another colt by Justify (hip 812) for $250,000.

“I just had a big order for babies–I needed about 20,” Hartley said. “I buy some for Tom Durant in Texas. He likes buying babies because he feels like he gets a little bit of a discount. This colt might have made $600,000 or $700,000 as a yearling. He feels he can save a little if he can get some nice babies. Some [that we are buying here] will be for pinhooking and some will go to him in Texas.”

Also Friday, AAA Thoroughbreds added to its collection of weanlings by first-crop sire Yaupon. With the addition of a filly (hip 733) for $300,000, the operation has now purchased three weanlings by the Spendthrift stallion for $1.15 million. @JessMartiniTDN

Colt By Nyquist Goes For $385K at KEENOV

With the market continuing to remain competitive for weanlings, a colt by Nyquist (Hip 893) reached $385,000 at Keeneland Friday. Baroda Stud's David Cox signed the ticket on behalf of Goodwill Bloodstock. Hunter Valley Farm consigned the bay colt.

The Feb. 10 foal is out of the Bernardini mare Spa Treatment, a daughter of SW and GISP Silver Knockers (Silver Deputy) and a half-sister to SW Manipulated (Malibu Moon). This is the extended family of Grade I winner Joe's Tammie (Zoning).

“He's a real athlete, a great cross,” said Cox. “Hopefully, he'll be resold [pinhooked] next year. [Nyquist] is proven, and has good runners. We tried to buy a few more, but we got beat plenty, so we're delighted to get him.”–@CbossTDN

Charlatan Colt Brings $370K Early on Day 3

A colt by Charlatan brought $370,000 from Stonestreet Stables during Friday's Book 2 finale at Keeneland. He was consigned as Hip 695 by John Stuart's Bluegrass Thoroughbred Services, acting as agent for Merribelle Stable.

Charlatan | Coady

Out of Hillhouse High (Exchange Rate), the Jan. 23 foal hails from the notable Sam-Son Farm family, including Canadian champions Regal Classic, Sky Classic, Classy 'N Smart and Always a Classic.

Headed by this colt, 14 weanlings sold by the sire–with four surpassing the $200,000 mark–through three days of selling at Keeneland. The weanlings grossed $2,810,000, averaging $200,714. Charlatan stands for $50,000 LFSN at Hill 'n' Dale Farms in 2024.

Campaigned by SF Racing LLC, Starlight Racing, Madaket Stables, Stonestreet Stables, Fred Hertrich, III, John Fielding,

and Golconda Stables, the son of Speightstown was trained by Bob Baffert. The 'TDN Rising Star' won his first four career starts, including the GI Arkansas Derby and GI Runhappy Malibu S. before finishing second in what would be his career finale in the 2021 G1 Saudi Cup.

“Barbara [Banke] owns Charlatan and we still own a good piece of him as a stallion,” said Stonestreet advisor John Moynihan. “She really wanted a nice one, so he was one of the better ones we saw. [Charlatan's] weanlings have been really well received and we're really excited. We bought him to run. Barbara saw him [Thursday] and really liked him. Hopefully, we'll get Charlatan off to a good start.”

Bluegrass Thoroughbred Services has already enjoyed a profitable run in the sales ring this week. Kicking things off with a bang, the operation sold Queen Caroline (Blame) (Hip 171), in foal to Flightline, for $3 million to John Stewart at Fasig-Tipton November Tuesday. And thus far at Keeneland, the consignment also hit a home run, selling Skims (Frankel {GB}) (Hip 125) for $1.8 million to Summer Wind Farm in Book 1. At Keeneland this week, the operation sold five head, grossing $2,437,000 with an average price of $487,400.–@CbossTDN

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Diverse Buying Bench Powers Electric Keeneland November Opener

by Jessica Martini & Christina Bossinakis

LEXINGTON, KY – The Keeneland November Breeding Stock Sale gained momentum throughout its opening session and concluded a day of competitive bidding Wednesday evening with 11 seven-figure mares and a median up 30% from its 2022 counterpart.

“It was a good day. It was a really good day,” said Keeneland President Shannon Arvin. “We were really pleased with the session overall. The theme of the century seems to be that the quality sells and there was really high demand for the quality. There was great international participation, but plenty of domestic participation as well. There was a real diversity among the buyers. It was a very, very strong market.”

During Wednesday's session, 120 horses grossed $54,340,000. The average of $452,833 was down 8% from the corresponding 2022 session, which included a $4.6-million fractional interest in champion Flightline. The median of $375,000 was up 29.31% from a year ago.

White Hot (Ire) (Galileo {Ire}) was the day's top seller in the ring, when BBA Ireland's Michael Donohoe bid $2.1 million for the dam of Pizza Bianca (Fastnet Rock {Aus}), but the session had a post-sale topper when Puca (Big Brown), carrying a full-sibling to GI Kentucky Derby winner Mage (Good Magic), was purchased by John Stewart for $2.9 million after initially being led out of the ring unsold. The mare capped a busy couple of days for Stewart, who also purchased a colt by Curlin for $600,000 Wednesday, as well as seven horses Tuesday at Fasig-Tipton for $13,350,000.

“There is a lot of confidence in the breeding industry right now,” said Keeneland Vice President of Sales Tony Lacy. “I think the median jumping just over 30% when you include Puca, is a significant increase.”

Shadwell Racing, which purchased the co-topping weanling at Fasig-Tipton Tuesday, purchased Wednesday's highest-priced foal when going to $750,000 for a colt by Gun Runner (hip 154) from the Taylor Made Sales Agency consignment. The colt was the top of a particularly vibrant weanling market Wednesday.

Last year's November Book 1 section had six weanlings sell for $400,000 or more. Twelve hit that mark Wednesday.

“The foal market was especially strong, we thought today,” said Arvin. “We had double the number of foals this year sell for $400,000 or more than last.”

With 65 horses reported not sold, Wednesday's buy-back rate was 35.14%. It was 26.49% a year ago.

“There was some protectionism in the market,” said Lacy. “A lot of people were setting reserves that were not letting horses go. They were not going to sell them short. There were quality mares not being sold off cheap which I think is great for the industry. When you speak to the sellers, they were comfortable that they were not going to sell this one below a certain value. And that's ok.”

The Keeneland November sale continues through Nov. 16 with sessions beginning daily at 10 a.m.

Mage's Dam Puca Brings $2.9M

Plenty of the pre-sale hype revolved around Case Clay Thoroughbred Management's initial sales offering, including the big mare–Puca (Big Brown) (Hip 191)–dam of this season's GI Kentucky Derby winner Mage (Good Magic). Initially led out of the ring unsold at $2.8 million, the 11-year-old mare later found a home with Lexington financier John Stewart, who snapped the mare up for $2.9 million.

Clay sold the mare on behalf of Robert Clay's Grandview Equine, who purchased her in foal to Gun Runner for $475,000 at the Fasig-Tipton November Sale in 2018.

Puca | Keeneland

“What we were fine with, RNAing her, was that Good Magic Baby in her belly,” Clay explained. “We were confident in her value, and fortunately, John Stewart recognized that.”

Puca, a half-sister to Grade I winner and $1.5-million earner Finnegans Wake (Powerscourt {GB}), is also responsible for multiple stakes placed Gunning (Gun Runner) and Dornoch, a full-brother to Mage. Runner up in the Sapling S. at Monmouth this past summer, he came back to graduate impressively going a mile and a sixteenth at Keeneland Oct. 14. To further bolster her resume, Puca's yearling colt by McKinzie also realized $1.2 million at the Keeneland September Sale.

“He's buying a queen,” Clay said of Puca. “She is the dam of Derby winner and black-type for the first three foals. If Dornoch wins the [Dec. 2] GII Remsen S. [at Aqueduct], she's 'Broodmare of the Year'.”

The daughter of SP Boat's Ghost (Silver Ghost) sold carrying a full-sibling to the Derby hero.

Clay underscored, “I really think that's her fair market value. Dams of Kentucky Derby winners don't come along in the same year. It's been a long time since that has happened.”

Later in the sale, Clay also sold the second half of his maiden consignment–Dalika (Ger) (Pastorius {Ger})–to Bryant Prentice's Pursuit of Success for $1.65 million.

“I am really grateful to both Paul Varga [owner of Dalika] and Grandview for giving me the opportunity to sell them. And for Bryant Prentice who purchased Dalika and John Stewart for buying Puca. I am excited for them too. I think they bought beautiful mares.”–@CbossTDN

White Hot in Demand at Keeneland

After bloodstock agent Michael Donohoe of BBA Ireland, bidding on behalf of an undisclosed client, got outbid on GI Breeders' Cup Juvenile Fillies Turf winner Pizza Bianca (Fastnet Rock {Aus}) at Fasig-Tipton Tuesday night, he went to $2.1 million to acquire that filly's dam, White Hot (Ire) (Galileo {Ire}) (hip 170) Wednesday at Keeneland.

“She is a Galileo mare and she's the dam of a Group 1-winning juvenile,” Donohoe said of the 10-year-old mare who sold in foal to Into Mischief. “She is in foal to a champion stallion. So she made a lot of sense. It's a great family and those Galileo mares, you can see what they can do around the world as broodmare sires. We are happy to get her.”

 

White Hot was consigned by Stone Farm on behalf of Bobby Flay, who purchased the mare as a yearling for 1,250,000gns at the 2014 Tattersalls October sale. While the bay never made it to the races, her first foal was Pizza Bianca, who sold for $3 million Tuesday night.

“Pizza Bianca made all of that money last night at Fasig-Tipton,” Donohoe said. “We had a good go at her last night.”

Out of Gwynn (Ire) (Darshaan {GB}), White Hot is a half-sister to G1 Epsom Derby winner Pour Moi (Montjeu {Ire}).

“I bought her for an existing client and she will probably stay in the States and foal here,” Donohoe said.

Of a potential mating in 2024, Donohoe said, “We will see what kind of baby comes out of her. But those Galileo mares, you can cover them to most of the stallions based here in the States.”

While Donohoe declined to name his client, the Irishman has previously bought several high-profile fillies and mares for Yuesheng Zhang's Yulong.

Lynn Hancock of Stone Farm said it was a good result from both sides of the transaction.

“Obviously, great sale, but she's a lovely mare,” Hancock said. “She's beautiful, looks the part. Her first foal is a Breeders' Cup champion. So, you can't ask any more of a mare than that. We're happy with that.”

Of the price, Hancock added, “I think she's worth every penny of it. She's a lovely mare, she's beautiful. She acted like a queen in the back ring and she is in foal to a hot sire.” @JessMartiniTDN

Juddmonte Strikes Late for Ack Naughty

After getting shut out on a number of high-profile mares at Fasig-Tipton Tuesday and earlier in the first session of the Keeneland November session, Juddmonte Farm's Garrett O'Rourke finally got his mare when acquiring Ack Naughty (Afleet Alex) (hip 246) for $1.8 million. The 11-year-old mare, who sold in foal to Into Mischief, was consigned by Sequel New York as agent for Chester and Mary Broman. She is the dam of ill-fated Grade I winner Practical Move (Practical Joke).

 

“We were at the sales yesterday and we were here again today for Puca,” said O'Rourke. “This felt like the last legitimate big, good-looking mare. Obviously, she is the dam of a Grade I winner and she's in foal to Into Mischief, who is a stallion we have had a lot of success with and we breed to every year. There is the opportunity to keep on doing the same mating if the family would want to do that. We are happy with her. She's my type of mare–a nice, big, strong mare with great bone, a good race mare and a good producer already. So I'm glad we got something.”

O'Rourke admitted it's been tough bidding, both at Newtown Paddocks Tuesday and Wednesday at Keeneland.

“It's been hard in there,” he said. “The top end, as everyone says, is just killer strong. It's just like people are buying art in a hot market. It's hard to put a value on them at this level. If you want them, you've got to pay for them. And we weren't able to get there earlier today. This was our last chance and I'm delighted to have something to bring home to add to the Juddmonte broodmare band.”

The Bromans purchased Ack Naughty, in foal to Upstart, for $500,000 at this year's Keeneland January sale. That was just a month after her first foal to race, Practical Move, won the GII Los Alamitos Futurity. The colt added wins in the GII San Felipe S. and GI Santa Anita Derby this past spring.

“We just bought this mare in January,” said Sequel's Becky Thomas. “But it was before Practical Move really became Practical Move. So he won a Grade II and then a Grade I after we bought her. Mr. Broman still races quite a bit, but he is breeding to sell in a commercial market. This will be a chance to put cash back into the program and that's what we did.”

Of the mare's price tag Wednesday, Thomas added, “Way above the reserve, but she's a beautiful mare and she had Practical Move. We are just really happy that we were able to do it and happy that Mr. Broman gives us the ability to play at a high level.”

Frankel Filly for Lyon

Graded stakes winner Skims (GB) (Frankel {GB}) (hip 125) became the first seven-figure mare of the Keeneland November sale when selling for $1.8 million to Jane Lyon's Summer Wind Farm.

“I am very excited about getting this mare,” Lyon said. “I am a Frankel lover. I had one filly [by him] that unfortunately isn't going to be a race filly that I bred. But when I saw this filly, with her race record, I was so excited to have her in my broodmare band.”

 

Bred and raced by Andrew Rosen and trained by Shug McGaughey, Skims won last year's GII Sands Point S. and was second in this year's GII Canadian S. On the board in eight of 14 starts, she won four times and earned $426,685.

The 4-year-old racing or broodmare prospect, who was consigned by Bluegrass Thoroughbred Services, is out of Royal Decree (Street Cry {Ire}) and is a half-sister to group winner War Decree (War Front). Her second dam is multiple Grade I winner Ticker Tape (GB) (Royal Applause {GB}).

“That was right in line with what we thought she would bring,” said Bluegrass Thoroughbred Services' John Stuart. “She is by Frankel and from a nice family. I am really happy that she is staying right here in the Bluegrass.”

'Pursuit' Lands Dalika for $1.65M

Bryant Prentice's Pursuit of Success may not have made the leader board with raw numbers, but it certainly did when it came to quality. With Archie St. George handling the bidding duties, Prentice extended to $1.65 million for Grade I winner Dalika (Ger) (Pastorius {Ger}) (Hip 223) during Keeneland's Book 1 session.

“I was thinking she might not bring that much, but the market is strong and she is a Grade I winner,” said St. George. “It was definitely more than we were hoping to have to give.”

 

Consigned by Case Clay Thoroughbred Management, the gray mare sold in foal to Flightline.

Clay said, “I thought it was great and was well sold and well bought. She's sound, a Grade I winner and in foal to Flightline, so I think it's a fair value for her.”

The mare is a member of the first group of mares to be bred to the 2022 Horse of the Year.

“She is a beautiful mare. We were keen to get her,” said St. George. “Obviously, in foal to a beautiful stallion. She was just a top-quality mare.”

Clay added, “[She was] the whole package. She won in 5 1/2 furlongs up to 11 furlongs–very versatile and carried her speed. It was every little thing and then when she arrived here she showed well the whole time. People really liked her, so there was a lot of attention.”

Out of the Hurricane Run (Ire) mare Drawn To Run, the 7-year-old is a half-sister to Group 3 placed Drawn To Dream (Ire) (Iquitos {Ger}). Her extended family includes Group 1 winners Corre Caminos and Recital.

“She is a top race filly,” said St. George. “She has the quality and looks and, hopefully, she can throw something that looks like her. The sky is the limit.”

While at the forefront of Wednesday's purchase for Prentice, St. George was quick to credit the late bloodstock James Delahooke for much of the team's success.

“Mr. James Delahooke used to do a lot of work for [the Prentices] and I am carrying on his legacy,” he said. “It's really a team effort. The mare is on the farm.”

“Taking on James's legacy, it takes an army to do it. God rest his soul.” —@CbossTDN

Dalika Departure Bittersweet for Varga

Paul Varga of Bal Mar Equine found himself in the unprecedented position of experiencing the joy of reeling in seven figures for his prized mare Dalika, but also facing the sad reality of her departure.

“She definitely gave us a great day,” he said. “But it really is hard obviously to let go of a mare like that.”

 

Bred by Gestut Ammerland, Dalika made three starts in Europe, including a win at Dresden in 2018, before selling privately to Varga late in her 2-year-old season.

For Varga and trainer Al Stall, the German bred annexed four wins at the graded level in the U.S., headed by a score in the 2022 GI Beverly D. S. before retiring with earnings in excess of $1.4 million

In regard to the final price, he added, “Given the results of her accomplishments, that's sort of where we thought she might be.”

While bittersweet, Varga explained the bright side was that he retains Drawn to Race (Ger), a full-sister to the Grade I winner.

“One great thing is I have her full-sister. She's in foal, so I can still keep the family. A huge amount of congratulations to not only Case [Clay] for selling her, but also to Albert Stall, who trained her all along. She required a ton of patience to run that much over that long a time. And he and his group did a super job. Honestly, this was great, but it's so much more fun to watch them win on the racetrack.” —@CbossTDN

Repole Back in Action at Keeneland

Mike Repole, who spent $6 million to buy out his partners on champion Nest (Curlin) at the Fasig-Tipton November sale Tuesday, was back in action at Keeneland Wednesday, purchasing five mares for $4.4 million. Leading the way was the racing/broodmare prospect Interstatedaydream (Classic Empire) (hip 201), who sold for $1.4 million.

“Nice, nice, nice horse,” Repole said of the 4-year-old Ontario-bred who was consigned by Four Star Sales. “I thought she was worth that as a broodmare. We are going to race her next year. I am trying to save racing one horse at a time. Thought about keeping her with Brad Cox.”

 

Interstatedaydream, who was purchased by Staton Flurry's Flurry Racing Stable for $175,000 at the 2021 OBS April sale, won last year's GII Black-Eyed Susan S. and GIII Indiana Oaks and was third in the GI Ashland S. She came into the Keeneland sale off wins in the Sept. 30 Twixt S. and Nov. 3 Turnback the Alarm S.

The bay filly is out of Babcock (Uncle Mo), a half-sister to Canadian champion Uncaptured (Lion Heart).

Repole, who said Tuesday he expects to return Nest to the races in 2024, also plans to send Surprisingly (Mastery) (hip 140)  back to the track after purchasing the 4-year-old filly for an even $1 million Wednesday from the Claiborne Farm consignment. Bred and campaigned by the Phipps family, the filly won the GIII Endeavor S. in February for trainer Shug McGaughey before hitting the board in four straight graded events through the summer. She was most recently seventh in the GII Ballston Spa S. in August at Saratoga.

“I have a lot of respect for the Phippses,” Repole said. “I have been partners with them on other horses. Plus, I like that she can race. We will keep her here for about 30 days and then ship out to Palm Beach to Todd [Pletcher] and have some fun with her last year. And then put her in our broodmare band.”

Surprisingly is out of Vagabond (Arch), a half-sister to graded winner Great Island (Scat Daddy). Her third dam is Matlacha Pass (Seeking the Gold), who produced MGISWs Point of Entry and Pine Island.

“I get excited about the mares we are buying to race,” Repole said. “[My associates] are getting excited about the mares we are buying in foal. But I like running and I enjoy the races. If we can keep horses around at ages four and five, they can become stars and be more durable.”

Champagne Lady to Barronstown Stud

Stakes-placed Champagne Lady (Uncle Mo) (hip 214) has a pending date with Triple Crown winner Justify after selling for $1.45 million to the bid of the David and Diane Nagle's Barronstown Stud. The 6-year-old mare, who sold in foal to champion Flightline, was consigned by Lane's End. She is out of Grazie Mille (Bernardini) and is a full-sister to Grade I winner Mo Town and a half-sister to stakes-winning and multiple graded placed 'TDN Rising Star' Justique (Justify).

“We loved Champagne Lady's pedigree and we bought her to go to Justify,” said Diane Nagle. “She's a gorgeous mare. Fingers crossed.”

Don Adam's Courtlandt Farms purchased Champagne Lady for $875,000 at the 2018 Keeneland September sale. She was third in the 2022 My Charmer S.

Spendthrift Back in Action at Keeneland

On the heels of an active day of buying the preceding day, Spendthrift Farm was back at it during Keeneland's Book 1 session. The operation's purchases were led by the $1.05-million buy Tarabi (First Samurai) (Hip 142), offered by Lane's End Farm.

“She is a really impressive physical and a well-bred filly, so we are really excited to have her,” said Spendthrift's Ned Toffey. “It was about what we thought we would have to pay. It was a fair price for her. She would be a nice addition to the broodmare band.”

 

A stakes winner and twice Grade I placed on the track, the chestnut is out of Indian Bay (Indian Charlie), also responsible for full-sibling Shivaji, a group stakes winner and Group 1 placed in Japan.

Asked about who might be first up as a possible mate for the 4-year-old mare, Toffey said, “We have a couple of options there. Maybe something on the farm, or maybe we'll take her off the farm. We'll figure it out.”

At Fasig-Tipton Tuesday, Spendthrift secured five mares for $7.7 million, headed by the $3-million purchase of GI Kentucky Oaks heroine Secret Oath (Arrogate).

“A couple of years ago we bought a number of really strong mares,” said Toffey, explaining the nursery's spending over the two days. “We always continue to try to upgrade the broodmare band. The old adage: pad at the top, and carve from the bottom. That's us just trying to do that. This is part of our process.” —@CbossTDN

Technical Analysis to Japan

Technical Analysis (Ire) (Kingman {GB}) (hip 145), consigned by Elite, will eventually be heading to the Far East after selling for $1 million Wednesday at Keeneland. Bloodstock agent Keisuke Onishi of J S Company made the winning bid on behalf of an undisclosed Japanese client.

“She was a very good race horse and was quite a good mover,” said Onishi. “The owner may keep her here to breed her in the U.S. or he may send her straight to Japan.”

Technical Analysis, purchased for 200,000gns at the 2019 Tattersalls October sale, was a four-time graded stakes winner for Klaravich Stables and trainer Chad Brown, with victories in the 2022 GII Ballston Spa S. and 2021 GII Lake Placid S. The 5-year-old mare capped her racing career with a win in the Oct. 27 Athenia S.

The mare's trip through the sales ring Wednesday added to an impressive roster of sales for Seth Klarman's Klaravich Stables, which also sold Grade I winner Search Results (Flatter) to Katsumi Yoshida for $3.6 million and stakes winner Strong Incentive (Warrior's Reward) for $2,150,000 to Alpha Delta Stables at Fasig-Tipton Tuesday.

The Japanese buyers, who were such a strong presence at Fasig-Tipton, continued to be active across town Wednesday despite the weakness of the yen to the dollar.

“The currency situation is not that good for us, but I think the Japanese buyers still have to be active and try to find good pedigrees and horses to import to Japan,” said Onishi.

AAA Active from Fasig to Keeneland

Randy Hartley and Dean DeRenzo's weanling-to-yearling pinhooking partnership AAA Thoroughbreds, which enjoyed seven-figure success at last year's Fasig-Tipton Saratoga sale, has been busy buying foals, both at Newtown Paddocks Tuesday and at Keeneland Wednesday. The group purchased a colt by Gun Runner (hip 51) for $470,000 and a colt by Justify (hip 67) for $450,000 Tuesday.

At Keeneland Wednesday, AAA Thoroughbreds purchased four weanlings, led by a daughter of Curlin (hip 151) consigned by Denali Stud for $550,000. The foal is out of multiple graded winner Tin Type Gal (Tapit), who is a daughter of Grade I winner Miss Shop (Deputy Minister).

“She's a Curlin filly with a big pedigree,” Hartley said of the chestnut's appeal. “It's so hard to buy Curlins, so we felt like any one that we can get our hands on, we are going to try to buy. I felt like this filly, with the pedigree, she had the whole package. It's a lot of money, but to get a Curlin, if you like them, you're going to have to pay for them.”

Keeneland November Sale | Keeneland

The AAA Thoroughbreds partnership also acquired a colt from the first crop of Grade I winner Yaupon (Uncle Mo) (hip 37) for $400,000 from the Taylor Made Sales Agency consignment. The weanling is out of graded winner Lady Sabelia (Majestic Warrior).

“I thought he was the best Yaupon on the ground,” Hartley said. “My goal was to come here and try to buy the best one.”

Hartley said he had plenty of faith in the young stallion, who stands for $25,000 at Spendthrift Farm.

“And my friend Hoby Kight bought [Yaupon] as a yearling, so I was around him when he worked :20 and change at Gulfstream,” Hartley said. “He was such a beautiful horse. And then he went off and won those graded races. We just felt like he could be a big up-and-coming stallion for us. We searched over there [at Fasig] and over here and he was the best one we saw.”

Yaupon worked a quarter in :20 3/5 before RNA'ing for $485,000 at the 2019 Fasig-Tipton Gulfstream sale. He returned to sell for $255,000 to Corinne and Bill Heiligbrodt at the OBS June sale and went on to win the 2021 GI Forego S.

Yaupon was also represented in the Keeneland sales ring Wednesday by a filly (hip 5) who sold for $400,000 to Haruya Yoshida.

Asked about paying $400,000 for a pinhooking prospect by a first-crop sire, Hartley said, “$400,000 is the new number if you like a baby now. You used to be able to come here and buy these for $200,000 or $250,000, but those $200,000 babies are $400,000 now. If you want them, you've just got to buy them.” @JessMartiniTDN

Justify Colt Brings $525K On Day 1

Midway through Wednesday's Book 1 session, a weanling colt by Justify, Hip 150, realized $525,000 from Michelle St. George, signing as Teddy Town Thoroughbreds from the back of the sales pavilion. Consigned by Vinery Sales, the Feb. 27 foal is out of Peruvian Group 3 winner and Group 1-placed Thundering Emilia (Thunder Gulch).

“Everything about him was desirable,” said St. George. “He was a beautiful horse. The stallion is also on top of the world right now. We are very happy to have him.”

According to St. George, also the wife of Archie St. George, the colt was purchased as a pinhook prospect.

“We have been very fortunate this year,” she said when asked about the year in the ring thus far. “Some of them were pinhooks and others, homebreds. But we did have a  good year. When you have the right stallions and the right pedigree, it helps.”

The colt's 17-year-old dam is also responsible for Peruvian Group 1 scorer Emilia's Moon (Malibu Moon), SP Mighty Scarlett (Scat Daddy) and Helium (Ironicus), winner of the GII Tampa Bay Derby.

The St. Georges also purchased Hip 138, a filly by Charlatan, for $280,000 earlier in the session. Consigned by Taylor Made Sales selling on behalf of the dispersal of White Fox Farm, the chestnut is out of GSW Summersault (Rock Hard Ten).

According to St. George, the operation aims to secure up to about 20 weanlings throughout the season, but admits that they typically aren't at the price point of Wednesday's purchase.

“You have to do this [buy at the upper level] unfortunately. It's hard, but it's kind of what we're up against now. But this is the one we wanted for today, and we are delighted to have him.” —@CbossTDN

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