bryce burton | Horse Racing Free Tips

PR Back Ring Book 1, Keeneland September: Which Stallion-Making Races Make The Best Stallions?

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The latest issue of the PR Back Ring is now online, looking ahead to Book 1 of the Keeneland September Yearling Sale.

The PR Back Ring is the Paulick Report's bloodstock newsletter, released ahead of, and during, every major North American Thoroughbred auction. Seeking to expand beyond the usual pdf presentation, the Back Ring offers a dynamic experience for bloodstock content, heavy on visual elements and statistics to appeal to readers on all platforms, especially mobile devices.

Here is what's inside this issue…

CLICK HERE TO READ THIS ISSUE OF THE PR BACK RING

Lead Feature Presented By Gainesway: Meredith Daugherty polls the decision-makers at major Kentucky stallion operations about which Grade 1 races for 3-year-olds hold the most weight when assessing potential stallion prospects.
Stallion Spotlight: Sean Tugel of Gaineseway discusses young sire Karakontie, who is getting notable winners on both surfaces.
Honor Roll Presented By Keeneland: Breeder Sabrina Moore reflects on the journey Knicks Go has taken from a $40,000 yearling at the Keeneland September sale to an earner of more than $5.3 million.
Ask Your Insurer Presented By Muirfield Insurance: Bryce Burton of Muirfield Insurance goes into the details of covering yearlings, including notable dates and endorsements.
Second-Crop Sire Watch: Stallions whose second crops of yearlings are represented in the Keeneland September catalog, including the number of horses cataloged and the farm where the stallion is currently advertised.

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PR Back Ring Fasig-Tipton Midlantic Sale: Life After Kentucky Derby Controversy For Dancer’s Image

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The latest issue of the PR Back Ring is now online, ahead of the Fasig-Tipton Midlantic 2-Year-Olds In Training Sale.

The PR Back Ring is the Paulick Report's new bloodstock newsletter, released ahead of every major North American Thoroughbred auction. Seeking to expand beyond the usual pdf presentation, the Back Ring offers a dynamic experience for bloodstock content, heavy on visual elements and statistics to appeal to readers on all platforms, especially mobile devices.

Here is what's inside this issue…

CLICK HERE TO READ THIS EDITION OF THE PR BACK RING

Lead Feature Presented By Crane Thoroughbreds: As the world waits for the split sample results to come back on Medina Spirit's Betamethasone positive in the Kentucky Derby, bloodstock editor Joe Nevills looks back on the eclectic stud career of Dancer's Image, the first horse to be disqualified from first in the Derby for a failed drug test in 1968.
Stallion Spotlight: Glenn Brok of Diamond B Farm on first-year stallion Rowayton.
Lesson Horses Presented By John Deere Equine Incentive Program: Craig Bernick of Glen Hill Farm on the hard lessons about the Thoroughbred market taught to him by You Go West Girl.
Honor Roll Presented By Uptowncharlybrown Stud: Wait For It is a homegrown “miracle horse” for Bob Hutt.
Ask Your Veterinarian Presented By Kentucky Performance Products: Dr. Daniel Devis of Rood and Riddle Equine Hospital on LASER therapy.
Pennsylvania Leaderboard Presented By Pennsylvania Horse Breeders Association: Beren sets the pace among Pennsylvania program incentive earners through the first two months of 2021.
Ask Your Insurer Presented By Muirfield Insurance: Bryce Burton of Muirfield Insurance explains how breeders can add more of a guarantee to a “no guarantee” stallion season.
The Stat: Leading Maryland sires by increase in mares bred from 2019 to 2020.
First-Crop Sire Watch: Stallions whose first juveniles are cataloged in the Fasig-Tipton Midlantic Sale

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PR Special Keeneland January: Forecasting The 2021 Bloodstock Market

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It's a new year, and the PR Special is back with the reading material you need in advance of the Keeneland January Horses of All Ages Sale.

Today's issue offers exclusive, in-depth bloodstock content not yet seen on the rest of the website in a pdf format that's easy to read and print. Here's what's inside:

Front Page: Bloodstock Editor Joe Nevills makes his “Five Fearless Predictions” about the bloodstock market in 2021, ranging from which stallions' stocks are on the rise to how the global economy will affect the Thoroughbred economy.
Stallion Spotlight: Lane's End resident City of Light's first yearlings at Keeneland January.
Ask Your Insurer: Bryce Burton of Muirfield Insurance compares insuring veteran broodmares versus broodmare prospects.
First-Crop Sire Watch: First yearlings of Keeneland January.

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Thanks, as always, to the advertisers in today's edition of the PR Special. Your support is crucial to the functioning our our publication.

CLICK HERE TO READ THIS EDITION OF THE PR SPECIAL

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Ask Your Insurer Presented By Muirfield Insurance: Equine Loans And Your Insurance Plan

Equine insurance experts answer your questions about insuring Thoroughbreds for the breeding and auction realms.

Email us at info@paulickreport. com if you have a question for an insurer.

QUESTION: What role does my insurance plan play when applying for an equine loan?

BRYCE BURTON: Business owners within the Thoroughbred industry, similarly to other business ventures, have the option to apply for outside funding in order to assist with the acquisition of high valued purchases. Just as a new business owner may secure a loan for the purchase of a new home, piece of land, of horse farm, the same option is available for the purchase of livestock, including Thoroughbreds.

When purchasing Thoroughbreds, the simple rule of thumb is that financing is available on breeding stock, but not racehorses. Mares, foals, and yearlings can all be used as collateral for an equine loan. As you'd expect, the lender requires that the applicant carry a certain amount of Full Mortality Insurance coverage throughout the life of the loan, so that in the event that something catastrophic happens to the equine asset, which in this case also serves as the collateral, the lender will be paid back in full.

The general rule of thumb when securing an equine loan is that the lender will provide a note up to the amount of 50 percent of the purchase price, making the borrower responsible for paying for the other 50 percent of the purchase.

As an example, if a new owner purchases a mare in the amount of $100,000 at public auction, they have the option to acquire outside funds through a lender up to the amount of $50,000 and would be responsible for the other $50,000. The lender would then require that the borrower place mortality coverage for the amount of the loan, which in this case is $50,000. It should be noted that the insured has the option to insure 100 percent of the purchase if desired. However, in most instances, the bank will only require the insured shows coverage for the amount of the loan. The lender is listed as a Loss Payee on the policy so that in the event of a claim, both parties would be compensated for their respective interests.

Bryce Burton is a property and liability specialist for Muirfield Insurance. He is from Frankfort, Ky., where he grew up an avid race fan. His Thoroughbred racing fandom combined with a collegiate internship in the insurance industry, culminated in a start in the equine insurance field. Bryce has been with Muirfield Insurance since 2014, following his graduation from Transylvania University in Lexington.

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