First-Crop Redesdale Colt Leads Active State-Sired Offerings At Fasig-Tipton New York-Bred Sale

The Fasig-Tipton New York-Bred Yearling Sale is a showcase event for the Empire State's breeding program, but it can still be hard for a New York-sired horse to shine through in a catalog full of Kentucky-sired offerings. When one does, especially from a stallion's first crop, it's worth taking notice.

That honor belonged to McMahon of Saratoga's Redesdale at this year's renewal. The son of Speightstown was responsible for the highest-priced yearling by an active New York stallion, with Hip 379 selling to Reeves Thoroughbred Racing for $140,000 during Sunday's opening session.

Bred by Ron Bowden, the colt is out of the winning Lemon Drop Kid mare Dakota Kid, herself a half-sister to Breeders' Cup Dirt Mile winner Dakota Phone. The colt was born at The New Hill Farm in Hoosick Falls, N.Y., and the operation raised raised him and consigned him on Sunday.

“He's always been pretty, from the day he was born,” said The New Hill's Lili Kobielski. “He's correct. What I think really stands out about him is there are some horses that get to the sale and just fall apart, since it's such a crazy environment, but he actually improved. He looked great, he kind of puffed himself up, he was walking like a demon. He seemed to get better as the sale went on and people were looking at him. He kind of thrived on the busyness.

“I was not going to be surprised if he brought six figures, just by how pretty he is,” Kobielski continued. “He was very popular, but he way, way exceeded the reserve we had on him.”

The colt was part of a 48-horse first crop for Redesdale, who stood his first season at Hidden Lake Farm at Questroyal North in Stillwater, N.Y., then was relocated to McMahon of Saratoga in 2020 after the farm bought into the stallion's partnership.

Redesdale raced four times during his on-track career, winning his first three starts, then coming out of his first graded stakes try with a career-ending injury.

Syndicate manager Chris Bernhard said investing in a stallion with a light race record was a risk – a risk he took with partners Schumer Bloodstock and 3C Stable – but the horse's physical, his page, and the potential he showed in his brief career made it one worth taking.

A product of the Juddmonte Farms breeding program, Redesdale is out of a half-sister to the top international sire Danehill, and his fourth dam is the great broodmare Natalma, who produced breed-shaper Northern Dancer.

“You come up with a horse that didn't win a stakes race, but was a fast horse that looked like he had genuine talent,” Berhhard said. “He was a pedigree play for us. We figured if we could get enough quality mares to him, we'd have a shot. For Fasig-Tipton to take a couple of them and give us a shot up here was very rewarding. I'm excited for my friends over at The New Hill for having the horse sell so well.”

Redesdale figures to have a solid pipeline of foals to get him started. In addition to the 48 foals in his first crop, he covered over 100 combined mares in each of his next two seasons at stud.

In the immediate future, Bernhard said the stallion will have a busy month in October, with plans to send some first-crop Redesdale yearlings to the Fasig-Tipton Midlantic Fall Yearling Sale in Maryland on Oct. 4-5, and Fasig-Tipton's Saratoga Fall Sale on Oct. 18. The stallion's partnership also has several Redesdale foals that it will take directly to the races.

“Most of the babies I've seen by him have all been big hipped, fast-looking horses that the pinhookers really liked,” he said.

To learn more about Redesdale, read his recent Stallion Spotlight feature in the PR Back Ring.

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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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‘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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