Gabriel Duignan | Horse Racing Free Tips

Fasig-Tipton October Sale Opens Monday

LEXINGTON, KY – The Fasig-Tipton Kentucky October Sale brings the curtain down on a competitive season of yearling auctions when it begins its four-day run at Newtown Paddocks Monday morning. A total of 1,586 yearlings have been catalogued for the auction and bidding begins daily at 10 a.m.

Consignors were kept busy showing over the weekend and the foot traffic at the barns was a testament to the auction's continued growth in popularity in recent years.

“Historically, with the October sale, once the first call to post at Keeneland would ring, we would lose about 70% of the viewers,” Tommy Eastham said in front of his Legacy Bloodstock consignment on a rainy Sunday morning. “Saturday, we didn't see that. We stayed busy up to about 4:30 and our shows were up by about 20%. We saw some European guys here–that's unusual. And there has been a lot of interest from guys from all over the country that are going to be here. There is a lot of enthusiasm and there are a lot of good horses here.”

The evolution of the October sale has seen more and more yearlings pointed specifically to its later date.

“I think the sale has changed,” said Matt Lyons of Candy Meadows Sales. “Maybe before it was horses who didn't sell at other places who came here, but now there are enough good horses coming here for the first time. I think, for an agent, it's a sale you have to play because the best horse could be hip 1 or hip 1500. So you have to work the whole thing.”

Candy Meadows will offer 16 yearlings during the four-day auction, including a half-sister to stakes winner and multiple graded placed Coach (Commissioner) who the consignment sold at the 2019 October sale.

“All of my horses, this is their first sale. They've all been pointed here,” Lyons said. “So I hope there is enough money left. I have a good few later foals, so I like to give them a little bit of time.”

The auction's later date was a common answer to its rise in popularity.

“I think the catalogue and the results are the best advertisements,” Eastham said. “But even back 20 years ago, there was always a high-percentage of runners who come out of this sale. I remember asking Joe Taylor about these horses who vet better and they run better and he said, 'We leave them outside, we treat them different. We treat them like horses.' I think it gives more time for the horses to tell their stories to the buyers a little bit. So the buyers can see more of a mature product.”

The market has been strong right across the board all year. Consigner Bill Murphy expects those trends to continue at the October sale.

“I think overall it will be very strong,” Murphy said of expectations for the coming week. “Based on the sales throughout the year, the 2-year-old sales, the July Sale and Saratoga and September, there are still a lot of people who haven't been able to buy horses. So I think it will be very strong. But it will be the same old story. The high-end guys are going to land on the same horses and the middle to lower end are going to be spoiled for choice.”

Murphy agreed waiting for the last yearling sale of the season made sense for the horses in his consignment.

“I know I am [pointing specifically for the October sale],” Murphy said. “It gives the horse more time to mature, particularly if you've got a late foal. And they just do better. I used to go to July and earlier sales, but it's hard to get them ready when you are still breeding mares. For me the horses are more developed, more mature and if you have a good one, you're going to be a standout here.”

The popularity of the October sale has been bolstered by the success of its graduates on the racetrack. The list of 2020 graduates includes Jack Christopher (Munnings) who is the early favorite for the GI Breeders' Cup Juvenile following his victory in the GI Champagne S. at Belmont Oct. 2.

After RNA'ing for $145,000 at the Fasig-Tipton Selected Yearlings Showcase last September, the chestnut sold for $135,000 in October through the Paramount Sales consignment.

“I think a lot of good horses have come out of the October sale,” Paramount's Gabriel Duignan said. “I think it's a very rewarding sale for somebody who puts the work in and covers the ground. I think you can get really good buys here because it's the last stop for yearlings, so you'll have to breeze them or race them if you don't sell them here.”

Duignan continued, “I think now people are pointing horses for October. Every year, the quality is definitely going up. The horses do really well from September to October, they really do mature a lot in that month.”

Of Jack Christopher, who was bred by Castleton Lyons and Kilboy Estate, Duignan added, “He was a horse that probably got dinged for some small things by some vets that were nothing. But I had seen him all his life and he was always a beautiful horse.”

Other recent October sale graduates include 2019 champion juvenile filly British Idiom (Flashback), 2020 GI Darley Alcibiades S. winner Simply Ravishing (Laoban), and GI Pennsylvania Derby winner Hot Rod Charlie (Oxbow).

Last year's October sale, held in the shadow of the ongoing global pandemic, was topped by a $600,000 son of Uncle Mo. In all, 961 yearlings sold for $32,743,700. The average was $34,073 and the median was $15,000.

In 2019, 1008 yearlings sold at the October sale for a total of $38,258,900, for an average of $37,955 and a median of $13,000.

The post Fasig-Tipton October Sale Opens Monday appeared first on TDN | Thoroughbred Daily News | Horse Racing News, Results and Video | Thoroughbred Breeding and Auctions.

Source of original post

Strong Trade Continues in Penultimate KEESEP Session

Strong trade continued at Keeneland Thursday in the 10th of 11 sessions of the Keeneland September Sale and the second of three Book 5 sessions. The day's top seller was a Tapiture colt (Hip 3173) from the Paramount Sales consignment, who brought $145,000 from John Greathouse, agent for Glencrest Farm.

A total of 303 yearlings summoned $9.194 million Thursday. The average was $30,343 and the median was $23,000. In the pre-vaccine pandemic era last year, 244 horses brought $4.764 million during the 10th day of selling with an average of $19,528 and a median of $13,000. Those statistics include post-sale transactions. The RNA rate is down 33.33% from the equivalent session last term.

“It is one of the strongest markets I have ever seen, especially at the back end of the sale,” said Spider Duignan of Paramount Sales, the session's leading consignor. “Racing is healthy and I guess that is showing up. People are looking for horses.”

The horseman continued, “It's usually hard work in Books 5 and 6. I remember years when there was nobody left by now. It is just lovely to see. There is such a diverse amount of buyers. Honestly, there are a lot of people I don't recognize. It is a very strong market.”

Through the first 10 days of selling, 2,428 horses grossed $348,885,500 with an average of $143,693 and a median of $75,000. During the first 10 sessions of 2020, 2,010 horses brought $2335,224,700 with an average of $117,027 and a median of $50,000. The total number of RNAs is down 32.71% from last year.

The final session of Book 5 and the Keeneland September Sale kicks off Friday at 10 a.m.

Strong Day for Paramount Sales

Pat Costello and Gabriel Duignan's Paramount Sales was the leading consignor Thursday by gross with 24 yearlings bringing $1.169 million. They were responsible for the day's top two sellers, a $145,000 Tapiture colt (Hip 3173) and a $120,000 Bolt d'Oro filly (Hip 3182).

“We thought we had a decent bunch, but they definitely exceeded expectations,” said Duignan. “The market was very, very brisk. There was so much trade in the back ring, probably the most I've ever seen. You could leave the barn with no vet work and they jump on it in the back ring and you could get $60,000, $70,000, $80,000 for it. There is just a huge demand for horses.”

Bred by Davant Latham, the Tapiture colt was purchased by John Greathouse, acting as agent for Glencrest Farm. Out of Informative Style (Dayjur), the bay is a half to stakes winners Watch This Cat (Eskendereya) and Stylish Citizen (Proud Citizen) and stakes-placed Point Blake (Quiet American). He got a nice update when his 3-year-old full-sister Li'l Tootsie finished third in Saratoga's GII Prioress S. earlier this month. She is entered in Saturday's GIII Dogwood S. at Churchill Downs.

“He was a very nice colt, very racy,” Duignan said. “He had a good update on the female side. Again, there was multiple bidders on him.”

The Bolt d'Oro filly RNA'd for $24,000 at the Keeneland January Sale and was purchased by Paramount employees post-sale. She is out of the SP Distorted Humor mare Julie's Jewelry, who is a half-sister to MSW Saucey Evening (More Than Ready) and SW Petition the Lady (Petionville). This is also the family of dual-surface Grade I winner Evening Jewel (Northern Afleet).

“The filly was bought by two of our Mexican guys that work for us,” Duignan said. “They bought her as an RNA for, I think, $17,500, and sold her for $120,000, so that made their day today. They bought a Connect colt (Hip 3292) for $8,000 and got $65,000 for him, so some magic happened today.”

The bay filly is from the first crop of MGISW Bolt d'Oro, who has been in demand at all the yearling sales this season.

“Bolt d'Oro has been popular the whole way through,” Duignan said. “He has been well received by the market. She was a nice filly.”

The post Strong Trade Continues in Penultimate KEESEP Session appeared first on TDN | Thoroughbred Daily News | Horse Racing News, Results and Video | Thoroughbred Breeding and Auctions.

Source of original post

Fasig-Tipton Marks 100 Years in Saratoga

SARATOGA SPRINGS, NY – The Fasig-Tipton Saratoga Selected Yearlings Sale, swept away by the pandemic last summer, marks its 100th anniversary when bidding on the two-day boutique auction starts Monday evening at 6:30 p.m. in the Humphrey S. Finney Pavilion.

“We are thrilled to be back,” Fasig-Tipton President Boyd Browning said while overseeing action at the sales barns on a brilliantly sunny Sunday morning in upstate New York. “It's wonderful to be here and to feel the excitement and the energy on the sales grounds. And there is that same energy and excitement on the racetrack and on the backside and when you walk around town. People feel so upbeat and positive. There is a bounce in their steps. I think the year's absence has made us all appreciate Saratoga even more.”

While uncertainty kept much of the market in check in 2020, Browning said he is expecting plenty of competition this week in Saratoga.

“There are a lot of positive things happening in our business right now,” he said. “People feel good about the economy and the racing industry and there is vibrancy which I think is pervasive now.

He continued, “I think there was certainly some scale back at the top of the market last year–I think there was less competition for the really expensive horses overall. Lack of certainty in any aspect of life is tough and I think last year people didn't know how long the pandemic was going to go on and what was going to be the outcome. I think that psychologically changed some buying habits or limits. I think the top end was compressed last year and I would expect it to be more vibrant this year. To me, the top end is $500,000 and up. I don't think we are going to see the return of crazy, expensive yearlings, but I think there will be increased competition at the upper level of the market this year.”

Consignors were kept busy at the sales barns Sunday, with a strong contingent of pinhookers making the rounds alongside trainers and end-users.

“I think everybody is delighted to be back,” said Hunter Valley Farm's Adrian Regan. “There is a great buzz around the place. The action at the barn has been good. It was steady yesterday and very busy today. As usual, Fasig has done a great job creating the atmosphere and attracting the people. So we are very hopeful of a good sale.”

The Saratoga sale comes on the heels of an exciting weekend of racing at the track across the street and the energy permeates throughout the town.

“I think there are a lot of people around town and I think everybody is happy to be back here,” said Paramount Sales' Gabriel Duignan. “The racing is very good at the moment. The town seems to be hopping and it's been very busy here at the sales grounds. I am optimistic it will be a good sale–everything is pretty healthy in our business at the moment. The 2-year-old game was good, the racing is good. So I am optimistic.”

With travel between countries still difficult because of the ongoing pandemic, foreign participation will likely be lighter than in recent years, according to Browning.

“There is a reasonable representation of foreign buyers here,” Browning said. “There are still some restrictions, both getting into the United States and returning to some countries. The Japanese have a really hard time going back to Japan. And certainly there are some initial barriers for folks coming from Europe. We've been able to work with various representatives to accommodate some travel requests. But I would expect less international participation than we have had in recent years–obviously not 2020–but the North American buyer bench will be very, very strong and very enthusiastic.”

Fasig-Tipton will again be offering internet bidding for buyers unable to make it to the auction and, already positioning itself for the next 100 years, is unveiling an option to buy horses with cryptocurrency.

“It will be interesting to see what happens,” Browning said of the company's first foray into cryptocurrency. “I don't think it will dramatically change the impact of this sale or the immediate future. But we are always open to new ideas. We should be forward looking. I think if a lot of people before us hadn't been innovative and creative, this company wouldn't be here for 100 years. I think we have a responsibility to position the company moving forward to be successful. Not everything you try is going to be successful, but you certainly have to be looking for new ideas and new ways to attract new people to the business. And we think this is a possibility, so we are going to see where it goes. We are not going to measure success based solely on the activity of this one sale. That's certainly not our intent.”

Of overseeing the Saratoga sale's centenary celebration, Browning said, “It feels like an awesome responsibility. There is a lot of pride. I am proud of the way we do business. And I think we continue, as the organization has done for a long time, to provide a high level of customer service. We are going to strive to do that and do an even better job of it when possible. It's an honor, but it's also a responsibility to make sure you position the company, not only for the company's success, but there is a responsibility to the industry as well.

“I have believed for years that there is no better place in the world to introduce people to Thoroughbred racing and Thoroughbred sales than Saratoga,” Browning said. “If somebody is interested in the business and they can't come here and enjoy the experience and get an adrenaline rush, whether it be at the racetrack or the sales grounds, then this game is probably not for them. So we have a responsibility to the industry to continue to make this place–and this place is Saratoga in its totality, with the racetrack and with us and with the local community–to take this opportunity to let people see the passion and the enthusiasm that we have for what we do in our sport. And we take that seriously because we love it.”

At the 2019 sale, four horses sold for seven figures, with a pair of colts by Curlin sharing top price of $1.5 million A total of 135 yearlings sold in 2019 for $55,547,000. The average was $411,459 and the median was $350,000.

A total of 210 yearlings have been catalogued for this year's Saratoga sale, which will be held Monday and Tuesday evenings with bidding beginning each day at 6:30 p.m.

The post Fasig-Tipton Marks 100 Years in Saratoga appeared first on TDN | Thoroughbred Daily News | Horse Racing News, Results and Video | Thoroughbred Breeding and Auctions.

Source of original post

Classic Empire Filly Sets Quarter-Mile Mark at OBS

The under-tack show for next week's Ocala Breeders' Sales Company's Spring Sale of 2-Year-Olds in Training continued Tuesday with a livelier track that saw six horses break the :10 flat mark and a filly by Classic Empire turn in the fastest quarter-mile work of the week so far.

Working early in the day's first set Tuesday, a chestnut filly from the first crop of juvenile champion Classic Empire (hip 317) zipped her quarter-mile in :20 2/5. The juvenile is consigned by Keiber Rengifo's Golden Rock Thoroughbreds on behalf of breeders Gabriel and Aisling Duignan of Springhouse Farm.

“She worked really well today,” Rengifo, who was aboard for the work, said. “She just repeated what she had been doing the last couple months at the farm where she showed a lot of talent on the dirt. So we weren't surprised by the time she did over here at OBS because she was working unbelievably the last couple months. The way she worked today is the way she was training the last 60 days.”

The filly is out of the unraced Tigress Tale (Tale of the Cat), who is a half-sister to graded winner Stays in Vegas (City Zip). She RNA'd for $37,000 at Keeneland last September.

“I was one of the bidders,” Rengifo said. “I loved the way she was built, she is a nice-looking filly and I loved the way she looked at Keeneland. I bid almost $27,000, but she didn't make it to the reserve and the breeders still own her. We were talking to Spider and Aisling and they gave me the opportunity to train her.”

Golden Rock, which has 21 juveniles consigned to the Spring sale, was also represented Tuesday by a pair of :10 flat workers: a filly by Lord Nelson (hip 368, :10 flat); and a colt by Tiznow (hip 376, :10 flat).

In addition to breezing all his own horses, Rengifo also works horses for Karl Keegan's Lucan Bloodstock, Scott Kintz's Six K's Training and Sales and Juan Centeno's All Dreams Equine.

“The track was a little bit better today than it was yesterday because of all the water from the thunder storms Sunday,” Rengifo said. “There was still a lot of water in the track Monday. I saw a lot of good horses breezing today, it's 100% a better track today. But the fast horses are still going fast. We had a :10 flat in the last set, so it was pretty consistent if you had the right horse.”

While 13 horses shared Monday's bullet furlong time of :10 flat, six broke through that mark to work the co-fastest time of :9 4/5 Tuesday.

Among them was a filly by Into Mischief (hip 288) who worked in :9 4/5 for Mayberry Farm. The bay filly is out of Take Charge (Hard Spun), a daughter of multiple graded placed Hidden Reserve (Mr. Prospector) and a full-sister to multiple graded stakes winner Reload and a half to graded winners Philanthropist (Kris S.) and Defer (Danzig).

The juvenile was purchased for $300,000 at last year's Keeneland September sale by Paul Manganaro, Nice Guys Stable and Steve Hornstock.

“Visually and emotionally pleasing,” Manganaro said of his reaction to the bullet breeze. “She had been under the care of April Mayberry and her team and they had thought highly of her for a long time. So it was nice to see the talent we thought she had come out at the right time. I've been in this business long enough, so I know anything can happen. But it was exciting at the same time. When she crossed that finish line, it was like watching one of your siblings score the winning goal or touchdown in a sports event.”

Of the filly's appeal at last year's September sale, Manganaro said, “The head of our selection team was the legendary John Williams. So the main attraction was John liked her physically. Then obviously being by arguably the hottest stallion in the world right now in Into Mischief sealed the deal. And she's from a wonderful deep family.”

The initial plan was for the partners to race the filly, but high praise from Mayberry convinced them to test the market.

“We bought this filly and a Gun Runner filly at the Keeneland sale last year without any intention of pinhooking, but April's reports were that she was a very talented filly,” Manganaro said. “When we saw the demand for Into Mischief in the marketplace, we decided, if she can bring us there, let's test the market. She brought us to this point, so we are very happy with that.”

Manganaro, Nice Guys Stables and Hornstock do have a horse to look forward to at the racetrack in impressive maiden winner Defeater (Union Rags).

“We have a few horses together,” Manganaro said of the partnership. “We have a pretty nice 3-year-old colt who was with Tom Amoss named Defeater. We were just starting to get Derby fever with him and he got a slight injury, but he'll be back soon.”

A colt from the first crop of Midnight Storm (hip 264) also shared the co-fastest :9 4/5 furlong time for G.W. Parrish's Parrish Farms.

“He prepped really well, so I was expecting him to work well,” Parrish said of the colt.

Parrish and his wife Karen purchased the dark bay colt for $34,000 at last year's Keeneland September Yearling Sale.

“My wife picked him out, so she was very happy,” he said with a chuckle. “He had a nice head and a nice eye. I did the bidding, but she liked him, so I kind of listened to her–happy wife, happy life.”

The juvenile is out of Summer of Joy (Sky Mesa), a full-sister to multiple graded placed Spectacular Sky.

Also sharing the bullet furlong time Tuesday were: a colt by Speightstown (hip 232, :9 4/5) consigned by Centofanti Thoroughbreds; a colt by Cairo Prince (hip 253, :9 4/5) consigned by Wavertree Stables; a colt by Twirling Candy (hip 262, :9 4/5) consigned by Grassroots Training & Sales; and a filly by Daredevil (hip 395, :9 4/5) consigned by Eddie Woods.

The under-tack show continues through Saturday and commences each day at 8 a.m. The Spring sale will be held next Tuesday through Friday with bidding beginning each day at 10:30 a.m.

The post Classic Empire Filly Sets Quarter-Mile Mark at OBS appeared first on TDN | Thoroughbred Daily News | Horse Racing News, Results and Video | Thoroughbred Breeding and Auctions.

Source of original post