Fasig-Tipton New York-Bred Yearling Sale Improves Across The Board In 2021

The Fasig-Tipton New York Bred Yearlings sale resumed Monday afternoon at the Humphrey S. Finney Pavilion in Saratoga Springs, N.Y., with a vibrant session which flattered the strength and resilience of the New York bred marketplace.

The two-day sale concluded with across-the-board increases over the sale's most recent renewal in 2019, and top-three historical marks in number sold, gross, average, median, and RNA rate.

The session's top seller came in the form of Hip 419, a filly by Munnings, which sold for $350,000 to GMP Stables, Vekoma Racing, West Paces, Oracle Bloodstock, agent (video).

The chestnut filly was consigned by Hunter Valley Farm, agent. Hip 419 is the second foal out of multiple New York stakes winner Freudie Anne, who made 16 of her 25 starts on the NYRA circuit and earned nearly $400,000.

The top-priced filly over the two-day sale came during the Sunday session, when Hip 341, a filly by Uncle Mo, sold for $495,000 (read more).

“We hit the sales superfecta,” said Fasig-Tipton president Boyd Browning. “Average was up, median was up, gross was up, and RNA rate was down. “We're obviously very, very pleased.”

A pair tied for the session's top-priced colt. First through the ring was Hip 528, a son of successful young sire Constitution, sold for $300,000 to DJ Stable (video).

Offered by Taylor Made Sales Agency, agent, the dark bay or brown colt was bred in New York by Fred W. Hertrich III and John D. Fielding. Hip 528 is the second foal out of the winning Medaglia d'Oro mare Rare Medal, and hails from the immediate family of two-time Sovereign Award winner Northernette and international champions Storm Bird and Green Tune.

Also sold for $300,000 was Hip 591, a colt from the first crop of Eclipse Champion Accelerate, who was purchased by David Stack (video).

Paramount Sales consigned the chestnut colt, which was bred in New York by SF Bloodstock. Hip 591 is out of the stakes placed winning Marquetry mare Ten Halos, making him a half-brother to graded stakes winner and multiple stakes winner Cinco Charlie (Indian Charlie), who earned more than $600,000. In addition, Ten Halos is a half-sister to Grade 2 winners My Pal Charlie and Bwana Charlie, and graded stakes winner Bwana Bull.

Three shared the top price for a colt over the course of the two-day sale, which includes the above two colts and Hip 330, a son of leading sire Into Mischief which sold for $300,000 during Sunday's session (read more).

“We're fortunate enough that the consignors once again gave us really outstanding horses,” said Browning, adding that there was also “significant bidding from a diverse buying group.”

Rounding out the session's top five were:

  • Hip 425, a filly from the first crop of Mendelssohn out of the Smart Strike mare Good Omen, sold for $250,000 to Bay Hill Stables from the consignment of Paramount Sales, agent. The filly hails from the immediate family of two-time Horse of the Year and successful sire Curlin.
  • Hip 508, a filly from the second crop of Practical Joke out of the winning Malibu Moon mare Orient Moon, sold for $250,000 to Klaravich Stable from the consignment of Indian Creek, agent. The filly was bred in New York by John Lauriello out of a daughter of Grade 2 placed multiple stakes winner Career Oriented.

“We've always been committed to this sale and this marketplace,” Browning concluded. “There was no segment of the marketplace more adversely affected by the COVID (pandemic) than the New York-bred yearling marketplace… It's nice to restore the marketplace for (the breeders), so they can have confidence going forward.”

Overall, 203 yearlings changed hands for a total of $18,566,500, a New York Bred Yearlings sale record, just beating the previous highwater mark set in 2018 when 172 yearlings sold for $18,492,00. The gross rose 14.6 percent from $16.2 million paid for 186 yearlings in 2019. This year also marks the first time more than 200 horses sold at New York Bred Yearlings.

The sale average was $91,461, a 5 percent increase from the 2019 average of $87,097, and ranked second all-time to the $107,512 record set in 2018. The median rose 16.7 percent to $70,000 from $60,000 during the 2019 renewal, and also ranks second historically only to the record of $76,000 set in 2018.

The RNA rate fell to 21.3 percent, the lowest at this sale – which RNA rate generally reflects the strength of the New York bred program and the added value of retaining a New York Bred yearling – since 1995. The RNA rated was the third-lowest in sale history.

Full results are available online.

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TOBA To Honor State Breeders At National Awards Dinner

The Thoroughbred Owners and Breeders Association announced today that they will honor breeders selected from 18 states and Canada during the TOBA National Awards on Saturday, Sept. 11.

State Breeders of the Year:

Arkansas: Bill and Mary McDowell

California: George Krikorian

Canada: Ivan Dalos

Canada: Lawrence P. Cordes

Florida: Charlotte Weber/ Live Oak Stud

Indiana: Greg Baer DVM and Deann Baer

Iowa: Allen Poindexter

Kentucky: Godolphin

Louisiana: Tri-Star Racing LLC

Maryland: Angie and Sabrina Moore

Minnesota: Lorie Michaels

New Jersey: John Bowers Jr.

New Mexico: R.D. Hubbard

New York: Twin Creeks Farm

Oregon: Janet and Patrick Cosgrove

Pennsylvania: Blackstone Farm LLC

South Carolina: Franklin Smith Sr.

Texas: James Wessel

Virginia: Lazy Lane Farm

Washington: Darrin L. Paul

“TOBA congratulates the remarkable achievements of all of the state and Canadian breeders, who truly represent the foundation of our sport,” said Dan Metzger, president of TOBA. “Their commitment to excellence and devotion to the horse epitomizes what makes Thoroughbred racing a truly unique and special sport.”

Also honored during the TOBA National Awards program will be the National Owner of the Year, National Breeder of the Year, National Small Breeder of the Year, National Broodmare of the Year, Cot Campbell Racing Partnership of the Year, Industry Service Award, Claiming Crown Horse of the Year and the Sport Horse of the Year.

TOBA's National Awards will be presented live at Hill 'n' Dale at Xalapa, with a special performance from legendary Motown artist Gladys Knight. Tickets can be purchased online at TOBA.org.

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‘Win, Lose Or Draw, It’s Good For The Soul’: Chasanoff Excels At Fasig-Tipton New York-Bred Sale

No matter what corner of the Thoroughbred industry one chooses to occupy, the wins are so euphoric because most of the time is spent dealing with defeat. Those wins, and the feeling they provide, are what keep us all in the business.

On Sunday night, Robert Chasanoff got a win.

Hip 364, a Liam's Map filly from Chasanoff's small breeding program, climbed up to $260,000 before hammering to Joseph Migliore, agent, and finishing the night as one of the top offerings of the opening session.

Chasanoff, a semi-retired Long Island-based real estate developer, has sold yearlings for more money in the past, but there was something special about Sunday's transaction beyond the fact that it paid for the mare, the filly's stud fee, and more. It was a public “attaboy” from an often fickle marketplace for his way of doing things.

“We really were just enjoying the experience,” he said. “I'm really not in the business for the money, per se. It's just really being around the animals. It's extremely gratifying to breed a good horse that's well received in the market. It's fun to be popular. We've all bred horses that when they go to the sale, they're not popular, or people walk by the stall and you know it's not going to be good. You really have to enjoy the few and far between experiences when you have a good product and it's popular. I swear to God, that's as gratifying as the money to me.”

The filly that sold on Sunday was the second foal out of the stakes-winning Red Giant mare Catcha Rising Star, who Chasanoff purchased as a racing or broodmare prospect for $85,000 at the 2017 Keeneland November Breeding Stock Sale.

He was advised in the purchase by Kentucky-based bloodstock agent Tom Bozarth of Arch Bloodstock, a trusted guide for Chasanoff's broodmare interests for two decades.

“I always look to buy maiden mares.” Chasanoff said. “I like to make my own choices. They're not always right, but I at least like to implement my own thoughts into breeding. I look for maiden mares, and I look for some familiar race record. If you're trying to buy at a reasonable price, something has to be sacrificed, and that usually means to me being a little lighter on the pedigree.”

Catcha Rising Star joined Chasanoff's broodmare band, which typically hovers around four members. They're boarded at Blue Chip Farm in Wallkill, N.Y., between trips to Kentucky to meet stallions during the breeding season.

The mare's commercial breeding career started rather unceremoniously, with a Congrats filly who sold as a short yearling for $2,000 at the 2020 Keeneland January Horses of All Ages Sale.

With Bozarth's blessing, Chasanoff went to Lane's End resident Liam's Map for the mare's second mating. There's rarely just one reason that a mating is decided upon, and this one was based partly on past performance, and partly on aesthetic.

“This is not professional, but I have a huge affinity for grays,” he said. “If I could, every mare of mine would be gray. I love them. I think there's a higher percentage of good gray horses for the amount that there are, and I aesthetically like them.

“I was a fan of Liam's Map and Unbridled's Song,” he continued. “I think they throw beautiful horses. I'd sold a filly for $190,000 that's now three years old and a winner named Liam's Light, and I've done some good with Liam's Map, and I just wanted to breed back.”

Chasanoff's reasoning might have been a little unusual, by his own admission, but don't mistake him for a wide-eyed neophyte in the racing business. His roots run deep in the Standardbred realm, led by his late father, Michael “Mickey” Chasanoff, and uncle Alan Chasanoff, who owned and bred horses with Robert under the name Alnoff Stable.

The Chasanoffs were national-level competitors in standardbred racing, with 1979 Trotter of the Year Chiola Hanover among their stars. They owned stallions, and won major races in New York and beyond. Then, around the turn of the century, they left the game.

“We had a lot of luck, and then we left the business about 20 years ago,” the younger Chasanoff said. “The medication issue, some of the things the Thoroughbred business is dealing with now, we thought was prevalent in the Standardbred business about 20 years ago. That wasn't something we wanted to be associated with.”

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In listing his associates in the Thoroughbred industry – Bozarth, Blue Chip Farm, and consignor Mill Ridge Farm, which handled the filly that sold on Sunday – Chasanoff stressed the importance of character and acting above-board in their dealings. That group also includes trainer Brendan Walsh, who conditions the occasional Chasanoff homebred when the auction ring isn't the right fit.

“I want to be associated with the best people, just honorable, good people,” he said. “That's part of the enjoyment during the other 364 days of the year.

“They deserve all the credit,” Chasanoff continued. “I sit in an office in Long Island, and they do all the work.”

Even if he's quick to credit others for his success, Chasanoff's own respect for the horse is apparent, even in a simple conversation. Wins are always hard to come by in this business, but they mean a little more when they're done the right way, which Chasanoff has made a stated priority.

Just like a win on the racetrack, he hoped his success at the New York-bred sale could help him share that one-of-a-kind feeling.

“Get in the horse business,” he said. “Own a piece of a horse, own a piece of a racehorse or broodmare. It's just great to connect with the animals. It's a great business, and it will improve your life to be around the horses and the farms. I can't emphasize it enough: win, lose or draw, it's good for the soul.”

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Uncle Mo Filly Tops Opening Session Of Fasig-Tipton New York-Bred Yearling Sale

After Sunday's card wrapped up at Saratoga Race Course, the attention moved down East Avenue to the Humphrey S. Finney Pavillion, where the opening session of the Fasig-Tipton New York-Bred Yearling Sale took place, led by a $495,000 filly by Uncle Mo.

Sunday's opening session, which comprised about a third of the overall catalog, saw 62 horses change hands for revenues of $6,497,500. The average sale price finished at $104,798, the median was $80,000, and the buyback rate closed at 24 percent.

Thomas Gallo held on to Sunday's session-topper on behalf of his Dream Maker Racing for $495,000.

The bay filly, offered as Hip 341, is out of the winning Distorted Humor mare Averymerrymoment, whose six foals to race are all winners, including stakes-placed Satisfy. She hails from the family of Grade 1 winner Rutherienne. Gallo consigned the filly, as agent.

The filly was bred in New York by the partnership of Mia Gallo, Mary Kopley, Michael Newton, and Elizabeth Weese, and the purchase saw the Gallos buy out their partners on the horse to start her racing career under the Dream Maker Racing banner.

The Fasig-Tipton New York-Bred Yearling Sale continues Monday, beginning at noon, eastern.

To view the session's full results, click here.

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