Tag: Bloodstock

Keeneland And TCA Team On Sales Initiative To Assist Essential Workers

Keeneland and Thoroughbred Charities of America (TCA) today announced an initiative to provide September Yearling and November Breeding Stock Sales buyers the opportunity to make a voluntary contribution to TCA to assist our industry's backstretch and farm workers, many of whom have been impacted by the COVID-19 pandemic.

The voluntary donation will be included in the buyers invoice and equate to one-half of one percent (.05%) of the hammer price of their purchase.

“This partnership with TCA reflects Keeneland's mission to support worthy causes, and during this time of great need it's even more important that we take care of our front-line heroes,” Keeneland President and CEO Bill Thomason said. “Keeneland is grateful for the tremendous work done by the TCA, and we are pleased to include this donation opportunity on our buyer forms this fall alongside the Thoroughbred Aftercare Alliance (TAA) and National Thoroughbred Racing Association (NTRA).”

Since 1990, TCA has distributed more than $24 million in grants to approved charities working to help not only Thoroughbred aftercare organizations but also those that provide health and human services for backstretch and farm workers.

“Without our backstretch and farm employees we wouldn't have a Thoroughbred industry,” said TCA President Mike McMahon. “Our charities work to provide health and dental services, ESL classes, legal assistance, food pantries, counseling services and so much more to our industry's workers. In the face of the pandemic and the economic strain it has caused, Keeneland has answered the call. Keeneland's support for TCA and for horse people everywhere is unprecedented. We are very grateful for the opportunity for buyers to be able to support the people who care for horses.”

Earlier in September, TCA distributed grants totaling nearly $1,070,000. A record 92 grant applications were received during the organization's annual grant cycle. Ultimately, 70 organizations were approved for a grant, including 45 aftercare organizations, 16 backstretch and farm worker programs, five equine-assisted therapy organizations, three Thoroughbred incentive programs and one research organization. Grant recipients from the last three years can be found on www.tca.org 

Additionally, TCA's Horses First Fund, an emergency fund started in 2016 by LNJ Foxwoods, provided COVID-19 relief funding to three backstretch organizations and seven aftercare organizations while supporting two feed assistance programs earlier this year. The total expended from the Horses First Fund was $79,900, bringing the organization's total 2020 grant making to more than $1 million.

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The Jockey Club Updates Rule Book; Noteworthy Changes Made To Enhance Digital Certificate-Related Activity

The Jockey Club announced today that it has updated the Principal Rules and Requirements of The American Stud Book following approval by the board of stewards of The Jockey Club.

While the changes apply to various parts of the rule book, the more noteworthy changes were made to support the Registry's operations and customers' interactions with the Registry in connection with the increased use of digital certificates of foal registration, which started with the 2018 foal crop.

The glossary of terms was expanded to include Certificate Manager and rules 2, 7, and 21 include new references to Digital Certificates or Certificate Managers.

“The updated rule book accounts for recent modernizations to the Registry that streamline processes and enhance customer convenience,” said Matt Iuliano, executive vice president and executive director of The Jockey Club. “We recommend that owners and breeders consult registry.jockeyclub.com to find the most current rules in full.”

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$1-Million Into Mischief Colt Tops Thursday At Keeneland September Yearling Sale

Keeneland's fourth session of the September Yearling Sale on Thursday recorded active commerce among a number of the industry's major buyers and featured the sale of an Into Mischief colt to Peter Leidel for $1 million.

Keeneland sold 195 yearlings during today's session for $34,507,000, for an average of $193,554 and a median of $160,000. Cumulatively, 589 horses have grossed $160,583,000, for an average of $272,637 and a median of $200,000.

With the top-priced yearling on Thursday, a total of 15 horses have sold for $1 million or more.

“Very exciting finish today,” Keeneland Director of Sales Operations Geoffrey Russell said. “To have three individuals bidding all the way to the million-dollar mark was very exciting. There was a lot of depth to the market. As we have said before, it is very selective. The people who should be here and looking at the horses and making the decisions are here, and we are very happy that they are committed to this industry.”

The session topper, a half-brother to stakes winner Cambria, is out of Grade 2 winner Teen Pauline, by Tapit. He was consigned by Warrendale Sales, agent for Stonestreet Bred & Raised.

“He is a lovely horse – ticked all the boxes as they say. Has a great walk,” said Hunter Simms, Partner and Director of Bloodstock Services for Warrendale. “The Into Mischiefs have been on fire at this sale and on the race track. Stonestreet did a nice job prepping him, and he showed himself well at the barn. He is a classy animal. Stonestreet has been very supportive of us over the years, and we greatly appreciate it. We have had good success for them.”

Donato Lanni, agent for SF/Starlight/Madaket, paid $775,000 for a colt by Quality Road consigned by Candy Meadows Sales, agent. The colt is out of Sustainable, a stakes-placed daughter of Forestry who is a half-sister to stakes winner Culotte, and is from the family of Grade 1 winner Famous Digger.

“He's a Quality Road – a great stallion,” Tom Ryan of SF said. “We're just starting to see the cream rising to the top now with him. Just think of what he's accomplished already; the future's so bright for him.”

“We're delighted,” Candy Meadows Senior Vice President and COO Matt Lyons said. “He's a lovely horse and a homebred for the farm. We didn't have any horses in Book 1 so this is our first group here. We've waited all day for him, and there were some very good judges of horseflesh on him.

“You have groups looking to buy two-turn Derby-type horses, and there are a lot of people looking for that type of horse,” Lyons added. “When they all land on the same one, they can bring an exceptional price. The group that bought him obviously know how to win the big races so that's great for us having the mare at home and having siblings coming. He'll be trained by Mr. (Bob) Baffert, and he knows how to win the big races, too.”

Lanni, agent for SF/Starlight/Madaket, was the session's leading buyer, acquiring five horses for $1,660,000.

“It's been a busy sale for us,” Ryan said. “Keeneland assembled a great group of horses here, and good horses are hard to buy.”

Warrendale, agent for Sandra Sexton and Silver Fern Farm, sold the session-topping filly, a half-sister to Grade 1 winner Hog Creek Hustle, to Solis/Litt for $725,000. The daughter of Constitution out of the Candy Ride mare Candy Fortune also is a half-sister to stakes winner Majestic Dunhill.

“She was just beautiful,” Warrendale owner Kitty Taylor said. “I sold her for some long-standing clients of mine who are very dear friends, Sandra Sexton and Silver Fern Farm. We sold Hog Creek Hustle and Majestic Dunhill. (This filly) was vetted so much and handled it so well. She went to a great place with LNJ Foxwoods. Alex (Solis) and Jason (Litt) bought her for them.”

Sheikh Hamdan Bin Rashid Al Maktoum's Shadwell Estate Company Ltd. paid $675,000 for a colt by Into Mischief who is a half-brother to champion Runhappy. He was consigned by Taylor Made Sales Agency, agent for Stonestreet Bred & Raised.

“Very nice colt,” said Rick Nichols, Vice President and General Manager of Sheikh Hamdan's Shadwell Farm in Lexington. “Good conformation and looks like he has a really good head on his shoulders. I thought I might have to go a little bit more (on the price). We have a really good Into Mischief 2-year-old (Mutasaabeq), who was third in (the Runhappy Hopeful-G1 at Saratoga on Sept. 7.)”

Mark Taylor, Taylor Made's Vice President of Marketing and Public Sales Operations, was pleased with the sale of the colt.

“We met with the Stonestreet team, and they decided to put this horse in Book 2,” Taylor said. “They thought he might stand out a little more here, and I think he did. He was head and shoulders above a lot of the other horses we had in this book, and the big buyers found him.”

Shadwell also paid $500,000 for another yearling consigned by Taylor Made, agent for Stonestreet Bred & Raised. He was the Curlin colt who is a half-brother to Grade 1 winner Girvin and Grade 3 winner Cocked and Loaded. His dam is Catch the Moon, by Malibu Moon.

West Bloodstock, agent for Robert and Lawana Low, purchased a Malibu Moon colt for $610,000. Consigned by KatieRich Farms, he is out of the Grade 2-placed Tiznow mare Fantasy of Flight.

Spendthrift Farm and MyRacehorse.com, co-owners of recent Kentucky Derby Presented by Woodford Reserve (G1) winner Authentic, spent $600,000 on a colt by Authentic's sire, Into Mischief, who was consigned by Roderick Wachman's Kingswood Farm, agent. A full brother to Grade 3 winner One Liner, he is out of the winning Cherokee Run mare Cayala.

Into Mischief, the September Sale's leading sire with sales of $23,280,000 for 45 yearlings, stands at Spendthrift.

“There are many nice (Into Mischief) yearlings out here,” Spendthrift General Manager Ned Toffey said. “They have always been well received in the market and there has definitely been a bump from the Derby result. (Into Mischief) continues to amaze us, and if there was anyone in the industry that was a non-believer, I think they're all gone.”

Paramount Sales, agent, led all consignors on Thursday by selling 18 horses for $3,572,000.

The September Sale continues Friday with the start of the three-day Book 3. The sale runs through Sept. 25, and all remaining sessions begin at 10 a.m.

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Maskless Photo Draws COVID-19 Compliance Into Question At Keeneland September Yearling Sale

A photo in a tweet that circulated Thursday brought into question the enforcement of mask-wearing and social-distancing policies at the Keeneland September Yearling Sale, leading Keeneland to issue a statement to Janet Patton of the Lexington Herald-Leader.

The photo, taken by bloodstock agent Michael Hernon and since deleted, displayed a group of over 20 individuals inspecting and showing horses during an “Express Lane” event outside a Taylor Made Sales Agency barn, in which a group of upcoming offerings are paraded in front of prospective buyers all at once to limit the hassle and potential contact of individual showings. Only one or two of the people in photo whose faces are visible are properly wearing masks, a couple others have their masks around their chins, and the rest do not have any visible face covering on or around them.

Patton, a veteran journalist whose coverage has included the business of the Thoroughbred industry, retweeted the image with a comment tagging Keeneland that asked: “How does this square with the protocols?”

Per Keeneland's COVID-19 safety policy for the sale: “All participants in the September Sale are required to wear a face covering and maintain social distancing of at least six feet at all times on the grounds – both indoors and outdoors.”

Fasig-Tipton also had a policy requiring masks at all times while on the property for the recent Selected Yearlings Showcase Sale, and photos from the sale revealed mixed success in mask enforcement, as well.

Buyers, owners, and bloodstock agents were not required to produce a negative COVID-19 test to gain entry to the property for either sale. That group is required to complete a health questionnaire prior to the sale, and daily temperature checks are taken. Negative tests were required for all others within 10 days of entry, including consignors and their crews, auction company staff, veterinarians, farriers, and media.

After the Keeneland photo gained some traction on social media, Patton contacted the company, which issued the following statement:

“Keeneland takes the health and safety of our employees and our sale participants very seriously, and we have addressed the issue pictured in the tweet with those involved. We remain vigilant in enforcing compliance with the COVID-19 protocols established to ensure that we, along with our consignors and buyers, are able to conduct the September Yearling Sale in a safe and responsible manner. Those protocols require that every person wears a mask at all times and maintains social distance. Please be assured that we continue to monitor our grounds to promote responsible behavior across the Keeneland campus.”

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