Beloveda, Saguaro Row Top Fasig-Tipton Kentucky Winter Mixed Sale

The Kentucky Winter Mixed sale, the final breeding stock sale before the breeding sheds open, ended Tuesday with gains across the board. The sale took place at Fasig-Tipton's Newtown Paddocks in Lexington, Ky.

Beloveda (Hip 328), a daughter of Ghostzapper in foal to Street Sense, topped the sale when sold for $510,000 from the consignment of Gainesway, agent.

A graded stakes placed winner herself, Beloveda is the dam of two winners from three to race, including stakes placed Mistress of Love (Scat Daddy). The chestnut mare is a half-sister to graded stakes winner and stakes producer Golden Mystery, as well as of All Saint's Day, whose six winners to date include stakes winners Holywell and Sinister Brew.

The sale's top racing/broodmare prospect was multiple stakes winner Saguaro Row (Hip 675), a six-year-old daughter of Union Rags.

The bay mare was purchased for $500,000 by Catherine Hudson, agent from the consignment of Blake-Albina Thoroughbred Services, agent. A two-time stakes winner and graded stakes placed runner, Saguaro Row earned $342,354 for owners Newtown Anner Stud Farm and Mark D. Breen and trainer Michael Stidham. She is a half-sister to stakes winner Pinnacle Peak out of a half-sister to champion filly and Grade 2 winner My Wandy's Girl.

Stakes winner Whoa Nellie (Hip 625) was the best-selling broodmare prospect, purchased by $450,000 by St Elias Stables from the consignment of Taylor Made Sales Agency, agent for Fox Hill Farms. A twice graded stakes-placed stakes winner, the daughter Orb won six times for owner Fox Hill Farms and trainer Larry Jones, with earnings of $353,830.

Other broodmare prospects sold for $400,000 or more include:

  • Gold Standard (Hip 671), a multiple stakes placed winner by Medaglia d'Oro sold for $435,000 to Stonestreet Thoroughbred Holdings from the consignment of Gainesway, agent for Stonestreet and LNJ Foxwoods; and
  • Fiftyshades Ofgreen (Hip 640), a stakes placed daughter of Bernardini, sold for $400,000 to St Elias Stables from the consignment of Taylor Made Sales Agency, agent.

The sale's top short yearling came in the form of a Nyquist colt (Hip 480) out of multiple Grade 2 placed winner Honey Chile. The chestnut colt was purchased for $170,000 by Machmer Hall from the consignment of Bill Reightler, agent. The West Virginia-foaled colt's second dam is multiple stakes winner Christmas Time, who also produced his dam's multiple stakes winning full brother Prince of Time.

Last-out Jimmy Winkfield Stakes winner Hello Hot Rod (Hip 672) sold for $335,000 as the top racing and/or stallion prospect. The dark bay Maryland-bred colt by Mosler was purchased by George Sharp from the consignment of ELiTE, agent. Hello Hot Rod is a half-brother to five-time stakes winner Hello Beautiful, from the immediate family of Grade 2 winners Hello Liberty and Significant Form.

During the two-sale sale, 425 horses sold for a gross of $12,506,700, up 28 percent from $9,777,100 for 368 sold in 2020. The average was $29,428, an 11 percent increase over last year's average of $26,568. The median rose 18 percent from $8,500 in 2020 to $10,000 this year. The RNA rate fell 6 percent from last year to 18.9 percent.

Full results are available online.

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Fasig-Tipton Winter Mixed Sale Starts Monday

The Fasig-Tipton Winter Mixed Sale, ideally positioned just ahead of next week's start of the breeding season, opens for its two-day run Monday morning at Newtown Paddocks. Hips one through 324, a collection of racing and breeding prospects and short yearlings, will be offered Monday and will be followed Tuesday by hips 325 through 673. Bidding begins each day at 10 a.m.

“I've always really liked this sale because of its timing,” said consignor Zach Madden, whose Buckland Sales brings a 13-horse consignment into the auction. “There is a little bit of an urgency, a little bit of a, 'Hey this is my last chance to pick up a mare to breed something this year.' I definitely think there is an urgency to get stuff done.”

Brendan Gallagher, whose Frankfort Park Farm has a 10-horse offering at the sale, agreed.

“It's the last opportunity to invest before the stud season for people that want to buy mares to breed to certain stallions and shareholders,” Gallagher said. “It's always been a decent sale for quality. So that's going to be the same old story.”

But consignors are still expecting to see the common polarization in the marketplace, with high demand for the perceived quality offerings and lesser demand at lower ends of the market.

“We have a mare in foal to Street Sense who will make money and we have a lovely Nyquist filly who will make money and then some of the rest of them might be just a bit more difficult,” Gallagher said. “But the good ones will sell well, which I suppose we can live with. The day when we have the good horses and we don't have trade, well then we're all in trouble. So that's the way it is and it's going to be the same.”

The Winter Mixed sale is the third major auction of the year, following the Keeneland January Horses of All Ages Sale and the Ocala Breeders' Sales Company's Winter Mixed Sale. Both of those previous sales proved there is still demand in the marketplace which has shown its resiliency as buyers and sellers  adjust to the new normal in the wake of the global pandemic.

“I would just say from looking at the other sales that the good individuals will still sell well,” said Ron Blake, whose Blake-Albina Thoroughbred Services has 19 horses on offer at Fasig-Tipton this week. “I think there is probably less demand for horses that are not at that top level. Of course that's the way it's been for a while, but during the pandemic, I think it's even more stressed. If you make it into that top 10% or 20% of the horses, you can still get very good money, but if you fall below that, it can be a crap shoot depending on how far below that you fall. I think if you still have a good horse, there is plenty of money for it.”

Despite the swirling uncertainties caused by the ongoing pandemic, Madden and Gallagher both see reasons to be optimistic about the state of the market.

“I had friends and clients that sold at OBS, and obviously we were over at Keeneland in January, and the good news, I think, is you really didn't have that doom and gloom and people with their chins down,” Madden said. “It seemed like when we were first getting the sales back going, people were just wondering what was happening. But people know the reality now. So I feel like that whole doom-and-gloom aspect is out of it. And at the end of the day, most of us are eternal optimists. I do think people still want quality and they are very tough on vetting and all of that other stuff, but I just feel like the worst–knock on wood–is over. We are all battle tested now, so while we still have things to overcome, I think we can still see the light at the end of the tunnel.”

With Gulfstream Park and Sam Houston Race Park among the most recent tracks to announce record handle figures, Gallagher thinks demand for racehorses will only get higher.

“I know the number of foals being bred is reducing and I know that the margins for the breeders–the market for foals is down 27% or something since 2017 and that's a hard nut to crack–but in saying that, the handle at racecourses is going up–we had another record handle there last week with the [GIII] Holy Bull [S. at Gulfstream]. So racing as a sport stands out even a bit at the moment, so if the handle is going up it will have to turn around. And if you have a smaller market because the numbers are going down, I believe that it will come back. I honestly believe that. Demand will go up.”

He continued, “We sell a lot of foals, we'll foal 43 here this year, so for us with that 27% drop since 2017, that's a tough one for a farm like ours. If I was hearing that betting was going down or that people weren't interested in racing anymore, then it might be time to do something else. But at the moment, you have to be upbeat about it because I think it's got to come back.”

Comparing the uncertainties of the 2020/2021 market to the crash of 2008 and its aftermath, Gallagher thinks the top of the market will remain strong.

“The difference from 12 years ago, with the market, the wealthy people took a real hammering,” he said. “I don't think that's happened with the pandemic this time, in general. Yes there is fear there, but it's not as if the bottom has fallen out of financial markets in the world. It hasn't. The top is still there.”

During the 2020 Fasig-Tipton Winter Mixed Sale, 368 horses sold for $9,777,100. The average was $26,568 and the median was $8,500. The buy-back rate was 24.9%.

Twin Creeks Farm purchased the top-priced lot in 2020, going to $570,000 to acquire the broodmare prospect Remedy (Creative Cause), who was one of six to sell for $200,000 or more at the sale.

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Multiple Stakes Winner Saguaro Row Supplemented to F-T Kentucky Winter Sale

Multiple stakes winner and graded stakes-placed Saguaro Row (Union Rags–Charlie Girl, by Indian Charlie) has been added to Fasig-Tipton's 2021 Kentucky Winter Mixed Sale.

Catalogued as Hip 675, Saguaro Row will be offered as a racing/broodmare prospect by Blake-Albina Thoroughbred Services, agent. A 4 3/4-length debut winner at two, she captured the Pumpkin Pie S. and the Interborough S. at four and five in open length victories and also finished second to GISW Spiced Perfection (Smiling Tiger) in the GIII Go For Wand H.

Most recently, she finished third–beaten just 1 1/2 lengths–in defense of her Interborough title at Aqueduct Jan. 18. The placing increased her earnings to $342,354.

The 6-year-old mare is a half-sister to juvenile stakes winner Pinnacle Peak (Yes It's True), and out of a half-sister to Puerto Rican champion My Wandy's Girl (Flower Alley).

Saguaro Row is now available for showing at Barn 11.

The Fasig-Tipton Kentucky Winter Mixed Sale will take place this Monday and Tuesday, February 8-9, in Lexington, Kentucky. Sessions begin daily at 10 a.m.

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Fasig-Tipton Winter Mixed Sale: Multiple Stakes Winner Saguaro Row Latest Supplement

Saguaro Row,  a multiple stakes winner and graded stakes placed daughter of Union Rags, is the latest entry to Fasig-Tipton's 2021 Kentucky Winter Mixed Sale.

Catalogued as hip 675, Saguaro Row will be offered as a racing/broodmare prospect by Blake-Albina Thoroughbred Services, agent.  A 4 ¾-length debut winner at two, she captured the Pumpkin Pie Stakes and the Interborough Stakes at four and five in open length victories.  In total, she has six stakes wins or placings at three different racetracks, including a strong second to Grade 1 winner Spiced Perfection in the Go For Wand Handicap (G3).

Most recently, she finished third – beaten just 1 ¼ lengths – in defense of her Interborough Stakes title at Aqueduct on January 18.  The placing increased her earnings to $342,354.

By Classic winner Union Rags, Saguaro Row is a half-sister to juvenile stakes winner Pinnacle Peak, and out of a half-sister to champion My Wandy's Girl.

Saguaro Row is now available for showing at Barn 11.

The Fasig-Tipton Kentucky Winter Mixed Sale will take place this Monday and Tuesday, February 8-9, in Lexington, Ky.  Sessions begin daily at 10 am.

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