George Barnes Promoted To President Of KatieRich Farms

KatieRich Farms, a recognized boutique horse breeding, training and boarding farm in Midway, Ky., has announced that Mark Hubley, who has been with the farm since its inception, has stepped down as president but will continue on as a consultant.

George Barnes, who was most recently vice president, has been tapped to fill the role. As president, Barnes will work closely with Farm Manager Tammy Ingebritson in the day-to-day activity of the farm, while also overseeing bloodstock research, stallion matings and sales. In addition, Danny Leitch has been promoted from assistant trainer to trainer, where he will be responsible for all training duties at the farm as well as Rice Road. The management changes go into effect immediately.

“On behalf of everyone at KatieRich Farms, we want to thank Mark for his many contributions to the farm since its inception,” said Larry and Karen Doyle, owners of KatieRich Farms. “He has been with us every step of the way – from a trainer to farm visionary to president – and we wouldn't be where we are today without his vision, experience, knowledge and business acumen. Moving forward, we are so grateful we can still tap into his expertise in a consulting capacity.”

George Barnes entered his role as vice president of KatieRich Farms in 2018. He has been involved in the thoroughbred industry since graduating from the University of Kentucky with a degree in Animal Science in 2014. Barnes previously worked at Blackburn Farm and the Larry Jones Racing Stable. He completed his Masters in Business Administration from Midway University in 2021.

For as long as Daniel Leitch can remember, horses have been a part of his life. After walking hots and cleaning stalls during summers and school breaks, he joined Katie Rich Farms in the fall of 2012 for foaling season on weekends and then fulltime after graduating in 2013. His responsibilities have evolved over the last decade from sales prepping and breaking yearlings to assistant trainer and now his new position as trainer.

“With his astute familiarity of bloodlines, pedigrees and breeding trends along with his extensive contacts in the Lexington area, George Barnes, along with Daniel Leitch, who I've watched mature into a consummate professional, will resolutely lead the farm into a successful future,” said Mark Hubley, outgoing president of KatieRich Farms. “I have the utmost confidence that they will both make great contributions to the farm in the coming years.”

“The changes in management at KatieRich Farms demonstrate the quality and depth of our tenured bench, and we look forward to working with the team as we continue to lead the farm to meet its targets, sales goals and fulfill its mission of being one of the country's leading horse breeding farms,” said the Doyles.

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Grade 1 Winner Echo Zulu’s $1.4 Million Half Sister Tops Keeneland September Sale’s Opening Session

A daughter of Triple Crown winner American Pharoah whose undefeated half-sister Echo Zulu captured Saratoga's Spinaway (G1) eight days ago, sold for $1.4 million to Northshore Bloodstock, agent, to top Monday's opening session of the Keeneland September Yearling Sale in Lexington, Ky.

During the first of two sessions of the prestigious Book 1 catalog, Keeneland sold 95 yearlings for a total of $38,172,000, for an average of $401,811 and a median of $325,000. Totals include six horses sold via online bidding for $2,605,000. Three horses brought seven figures.

In addition to the 95 sold, 61 yearlings failed to exceed their reserve price, 39.1% of the 156 through the ring (compared to 36.3% RNA's from the opening session in 2020). Combined with the 45 lots withdrawn, there were 106 yearlings from the 201 catalogued (52.7%) that did not sell.

Keeneland amped up the atmosphere in the Sales Pavilion to kick off the September Sale to create excitement and showcase the best of what the Bluegrass has to offer.

“The sale should be a fun environment,” Keeneland President and CEO Shannon Arvin said. “It is exciting that we are here, that we are all back together and that we have these phenomenal horses on offer in Book 1. We had complimentary cocktails being passed and brunch being served, a Bluegrass band playing 'My Old Kentucky Home' on the auction stage right before the sale started. We worked hard to create that environment, and we got a lot of positive feedback. Book 1 at Keeneland's September Sale is special, and it deserves to feel that way.”

“Trade was really strong today,” Keeneland Vice President of Sales Tony Lacy said. “There was confidence, and the money was spread out over more horses. The energy on the grounds was very strong. I have not seen the Sales Pavilion this full in a long time.”

Betz Thoroughbreds, agent, consigned Monday's top-priced yearling, who also is a half-sister to Grade 1 winner Echo Town and Grade 3 winner J Boys Echo. They are out of Grade 2 winner Letgomyecho, by Menifee.

Alan Quartucci of Northshore purchased the filly for owner Joe Allen and said she most likely will go to trainer Shug McGaughey.

“She looks like a real runner,” Quartucci said. “She has a fantastic pedigree that's still going forward every day. The filly who won in Saratoga (Echo Zulu) was amazing. (The yearling) was the whole package.”

Consigned by Mt. Brilliant Farm, a colt by Into Mischief from the family of North American champion and English and Irish highweight Islington (IRE) sold to Ron Winchell's Winchell Thoroughbreds for $1.35 million. He will be trained by Steve Asmussen.

“He's probably an Into Mischief who doesn't look like an Into Mischief,” Winchell said, “and I've had Into Mischiefs that look like Into Mischiefs and I can't seem to find the winner's circle with them, so I figured I would go a different direction. I knew he might be expensive.”

“He has always been outstanding,” said Mt. Brilliant owner Greg Goodman, who purchased the colt's dam, the Hard Spun mare Superioritycomplex (IRE), as a 3-year-old in England. “He's always done everything right. A calm horse, smart; we're really happy with him and we're really happy Mr. Winchell got him and that he's going to a good home.”

A filly by Uncle Mo out of the winning Forestry mare Nikki's Choice sold for $1.1 million to Don Adam's Courtlandt Farm.

Paramount Sales, agent, consigned the filly, who is from the family of Canadian champion Charlie Barley, Breeders' Cup Juvenile (G1) winner Success Express and Grade 1 winner Greenwood Lake.

“She's an April foal, but you can see that she's still a little high behind and see she's gonna develop still,” Courtlandt's Ernie Retamoza said. “A real athletic, type-y filly, young mare, fits our program to a T. Not sure where we'll send her, but we'll get her home and break her. She acts like she's gonna be the right type of filly that we're looking for. Had to stretch, obviously, to get her, but Mr. Adam looked at her this morning and loved her – we all loved her – and we felt like she was a filly worth stretching for.”

“She was a beauty,” Pat Costello of Paramount said. “She didn't put a foot wrong from the day she was here, and we could see with the way the vetting was going, everybody was on her. She deserved to bring the kind of money she brought because she's just stunning. She came from a client of ours and she was always nice, very much so. We were delighted with the price. It was a little bit more than we thought she would bring.”

During the session, Courtlandt acquired five yearlings for $2.6 million to lead buyers.

Three yearlings on Monday sold for $950,000 apiece.

M.V. Magnier paid the amount for a colt by Quality Road whose dam is a half-sister to champion Rushing Fall. Taylor Made Sales Agency, agent for WinStar Bred & Raised, consigned the colt, who is out of stakes winner Milam, by Street Sense.

“He is a lovely colt and he has done well his whole life,” Elliott Walden, WinStar's President, CEO and Racing Manager, said. “We are very proud of him and that Coolmore got him and wish him nothing but the best.”

Walden said he is confident in the market at this point of the yearling sales season.

“There are six race tracks with maiden races for over $100,000,” he said. “When I trained 15 years ago, we were running for $30,000. It is amazing. Purses have caught up and gives a person a chance to make money on the race track. I think that will translate all the way through. I don't know about you, but I have never seen so many people on Day 1 in there sitting down (in the Sales Pavilion).”

Taylor Made Sales Agency sold 14 yearlings for $5,782,000 to lead consignors during the session.

Donato Lanni, agent, spent $950,000 for a Medaglia d'Oro filly consigned by Claiborne Farm, agent. She is the first foal of the Distorted Humor mare Naples Princess, a full sister to stakes winner Banker's Buy, and from the family of champion Mitole and 2021 Grade 2 winner and Belmont (G1) runner-up Hot Rod Charlie.

Lanni bought the filly as agent for Michael Lund Petersen and Willow Grace Farm, owners of recent TVG Del Mar Debutante (G1) winner Grace Adler.

“She wasn't a hard one to find – she had everything,” Lanni said. “He's (Medaglia d'Oro) just a proven sire over and over. He's got good fillies, colts. (She has a) great female family. She's an athlete, she's classy and she's got pedigree. I hate to say it: She just checked all the boxes.”

Lanni said the market has “really been strong all year. There's a big appetite for really good horses out there and it's nice to see us get back to some kind of normalcy.”

A colt from the first crop of Triple Crown winner Justify who is a half-brother to multiple Grade 2 winner Pretty N Cool sold for $950,000 to Hideyuki Mori of Japan. Consigned by Baccari Bloodstock, agent, he is out of the Rockport Harbor mare Stayclassysandiego and from the family of Grade 1 winner Sean Avery.

Seven horses in Tuesday's RNA Reoffer
Seven horses who did not meet their reserves during Monday's session have been entered in the RNA Reoffer, a new program at this year's September Sale that will begin immediately following the final hip of Tuesday's second session. They are:

  • Hip 6 – Into Mischief-Indian Rush colt consigned by Paramount Sales, agent;
  • Hip 70 – First Samurai-Miss Singhsix (IRE) filly consigned by Mill Ridge Sales, agent;
  • Hip 72 – Justify-Mo Chuisle filly consigned by Taylor Made Sales Agency, agent;
  • Hip 111 – More Than Ready-Polish a Diamond colt consigned by Four Star Sales, agent for Westbury Stables;
  • Hip 179 – American Pharoah-Sweater Weather colt consigned by Taylor Made Sales Agency, agent;
  • Hip 195 – Uncle Mo-Terrific Treasure filly consigned by Mill Ridge Sales, agent; and
  • Hip 197 – Nyquist-Thank You Marylou colt consigned by Ramsey Farm, agent.

“The RNA Reoffer is a mechanism for free trade,” Lacy said. “It has been well received. We have some people who feel that the market didn't treat them the way they expected. This program allows them to come back (with the horse) and maybe have a better reception tomorrow. This gives people a safeguard.”

To participate in the RNA Reoffer, sellers were required to inform the Sales office in writing no later than 30 minutes following the sale of the final hip of today's session.

A reserve must be placed and approved on reoffered horses, and must be within 15 percent above or below the initial hammer price. (Click here for information about the RNA Reoffer.)

The second session of the September Sale starts tomorrow at 1 p.m. ET. TVG2 will have live coverage of the session from 1-7:30 p.m. The entire sale is streamed live at Keeneland.com.

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Modest-Priced Broodmare Pantanal Rewards Haymarket Farm At Keeneland September

Chip Montgomery didn't have visions of the bright lights of Book 1 at the Keeneland September Yearling Sale with his Nyquist colt. In fact, he'd have probably preferred to avoid it altogether.

The colt was out of an unplaced, $70,000 broodmare with a produce record that would have a hard time standing out in one of the most top-heavy and unforgiving marketplaces in the world, and he knew it. But, he also knew this was the best horse on the farm, and that bargain-priced mare has done little else but reward the Haymarket Farm operation, so far.

When Hip 102, out of the Congrats mare Pantanal, sold to AMO Racing USA for $330,000 during Monday's opening session, it brought the mare's total progeny sales from the breeder to $725,000 from four foals sold, making for an incredible return on investment.

Pantanal was a long way from Book 1 when she was offered as a first-time broodmare at the 2015 Keeneland November Breeding Stock Sale. Montgomery and farm manager Kelly Jackson were on a tightly-budgeted mission at that year's auction, but they'd made it to the end of Book 3 without any success. They finally hit the mark with Pantanal near the end of the sixth session.

“We were looking for a mare in foal to Uncle Mo, thinking he was going to be an emerging sire, and we put our heads together, and Kelly pushed me along to go on and spend that kind of money,” Montgomery said. “Back in those days, that was a couple more shekels than I wanted to spend.”

Pantanal was pregnant for the first time to Uncle Mo, and the ensuing colt sold as a weanling to Preston Madden for $100,000. Later named Borracho, the colt finished third in the Grade 1 Woody Stephens Stakes in 2019, just a few months after Pantanal visited Nyquist for the mating that generated the yearling that sold on Monday.

Haymarket Farm has done well finding modest-priced mares and finding their potential with foals in the sale ring and the racetrack. The operation bred New York stakes winner and $170,000 yearling Miss Brazil out of a $40,000 broodmare purchase. In 2016, Haymarket Farm bought Queen's Wood, the dam of True Timber, for $47,000 while pregnant to Quality Road, and sold the ensuing foal for $250,000. Vinery Sales consigns Haymarket Farm's auction horses.

“We do like to buy a mare that maybe has had a couple foals, in foal to the right stallion,” Montgomery said. “I think the market tends to give up a little early on a mare. Sometimes, that's been good for us, and sometimes it's been bad for us.”

Given Pantanal's relatively modest auction history up to this point, Montgomery admitted that putting the Nyquist colt in Book 1 was against form, and carried a bit of risk, but the colt's physical and Nyquist's rapid ascent in the stallion ranks ultimately steered the yearling's placement.

“We actually feel more comfortable in Book 2 or 3 for a colt like this,” he said. “He does have the looks. Nyquist has done enough, and certainly, that was a factor in Keeneland wanting him in Book 1. We typically try to lobby to get into Book 2. That's just a strategy that Kelly has, and I support him 100 percent.”

Montgomery, a longtime auto dealership owner in Louisville, Ky., is quick to heap the praise for his success on his staff, particularly Jackson. He bought the 150-acre Haymarket Farm in Simpsonville, Ky., in 2008, about a decade after buying his first Thoroughbreds with partners. About 18 mares reside on the property.

“I'm not a hands-on guy, so as I've done my whole life, I've relied on people,” Montgomery said. “I've delegated to get something done. The successes we've had, we'll give it to them, and the failures, I guess I've got to pick up myself.”

Book 1 is all about the fantasy of splashy prices at the top of the market, but the transactions below that upper crust help sustain the day-to-day reality for smaller breeders.

When Pantanal's Nyquist colt brought $330,000 on Monday, Montgomery knew it was a high point for his mare, and for the Haymarket Farm's 2020 crop of foals, but it was still just a piece of the overall puzzle to keep the operation going.

“My view here today is, we might have eight or 10 to sell,” he said. “We sold a couple of weanlings, and we might race one or two, or vet issues are keeping them out and we'll have to go to the 2-year-old sale. We've got to get to that magic overhead number, so this fills up the pitcher only so far, but you would expect the Book 1 horse to fill that pitcher up pretty darn far, because the rest of them are just kind of filling a few drops here and a couple glasses of water there.

“If you look at the numbers, for that particular horse, it is very successful, but when you've got a dozen and a half of them, this is the best horse on the farm, so he's got to carry the load, and the mare's got to carry the load,” he continued. “Maybe next year, it's another mare and yearling that's carrying the load.”

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Indiana Fall Mixed Sale Catalog Now Online

The catalog for the 2021 Indiana Thoroughbred Owners and Breeders Association Fall Mixed Sale is now online, with 78 horses on offer.

The auction will take place Oct. 16 at the Indiana Grand receiving barn in Shelbyville, Ind., beginning at 1 p.m. Eastern.

This year's auction includes 66 yearlings, five weanlings, four broodmares, and two juveniles. All but one of the yearlings on offer are Indiana-bred, Indiana-sired, or both.

Stallions whose first crops of yearlings are included in the catalog include Bucchero, Forever d'Oro, Neck 'n Neck, and Slope.

To view the online catalog, click here.

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