$500k Justify Colt Paces ‘Solid’ Fasig-Tipton October Opener

LEXINGTON, KY – The Fasig-Tipton October Yearlings Sale, which produced record-setting renewals in 2021 and 2022, opened Monday with solid, if less spectacular figures, than a year ago.

A total of 257 yearlings grossed $11,224,800 Monday. The session average of $43,676 was down 10.5% from last year's opening day and the median of $20,000 was down 25.9%.

“It was a solid opening session,” said Fasig-Tipton President Boyd Browning, Jr. “I think the results were basically in line with expectations and what we are seeing throughout the marketplace in 2023. There was strong demand on the upper-end horses and less demand than you would hope on some of the lower-end horses.”

The buy-back rate was 26.4%. It was 27.5% last year.

“There is selectivity amongst the buying group,” Browning said. “And it appears from talking to people that there is very close scrutiny on vetting. If you get a little ding here or a ding there, the buyers are basically just passing on your horse rather than offering you a discount.”

The session was topped by a son of Justify who sold for $500,000 to the bid of John Stewart. The Triple Crown-winning sire was also responsible for the day's second highest offering with De Meric Sales purchasing a colt for $300,000. In all, 10 yearlings sold for $200,000 or over. Eleven hit that mark during last year's opening session.

“It's always slow the first day,” said Peter O'Callaghan, whose Woods Edge Farm consigned the session topper. “You have to be a little bit lucky that you are catalogued a little bit into the day almost each day. But there is always a market here. I love this sale. I've had a lot of luck here. It's saved our bacon many times. Fasig-Tipton do such an amazing job here, accommodating everyone in this market. And they do a great job recruiting people to come in for it.”

The Fasig-Tipton October sale continues through Thursday with sessions beginning daily at 10 a.m.

Stewart Back in Action at Fasig October

John Stewart, who made a splash at last month's Keeneland September Yearling Sale when buying 13 yearlings for $8,425,000, got on the board during the first session of the Fasig-Tipton October sale when going to $500,000 to acquire a colt by Justify (hip 227) for $500,000 from Peter O'Callaghan's Woods Edge Farm consignment.

John Stewart, who purchased the opening night session topper, HIP 227 | Fasig-Tipton

“The horse looked like a beautiful specimen,” Stewart said after bidding for the yearling alongside bloodstock agent Gavin O'Connor and manager Chelsey Stone. “We actually have wanted to pick up a couple more horses at this sale before really coming out strong in November at the breeding stock sales where we have some things planned. We are just trying to balance out the portfolio of horses that we have right now. This Justify colt is a great addition. We just liked everything about the horse.”

The gray yearling is out of Champagne Royale (French Deputy) and is a half-brother to Grade I winners Majestic Harbor (Rockport Harbor) and Danza (Street Boss).

“As I've said, I am a buyer, not a bidder,” Stewart said. “So we were buying the horse regardless. I am happy with $500,000. I think we got a good deal. There is a lot of money left on the table for us.”

O'Callaghan purchased the colt for $250,000 as a weanling at the 2022 Keeneland November sale. He RNA'd for $325,000 at last month's Keeneland September sale.

“I think the six weeks made a difference,” O'Callaghan said. “He was a beautiful animal in September, but he was a 25th of May foal and maybe he just had a slightly young look about him. Even though he was a well-grown horse, he just hadn't got that rugged, robust look about him yet in September. We were just hoping to get our investment back today, but we are delighted with the $500,000.”

Stewart's September haul included a pair of seven-figure yearlings, led by a $2.5-million daughter of Uncle Mo (hip 337).

“Most of them are already broke,” Stewart said of his September yearlings. “Now we are talking with trainers to get the right fit for them. And our first horse, Shiloh's Mistress (Vino Rosso)–who was our first purchase at Keeneland last September [2022]–just ran last Sunday at Keeneland. She ran well.”

Stewart, who is founder and managing partner of the Lexington-based private equity firm MiddleGround, may soon have a new home for his horses.

“We put an offer in to buy Shadwell Farm['s Shadayid Stud],” Stewart said. “So we need to stock that up–800 acres that we've got to fill up with some horses. That's what we are trying to do.”

Stewart came back a little later in the session to acquire a filly by Good Magic (hip 266) for $150,000 from the Indian Creek consignment.

Barber Continues War of Will Buying Spree

Gary Barber watched War of Will carry his colors to victory in the 2019 GI Preakness S. and now the owner is supporting the stallion in his next career at Claiborne Farm. Barber purchased 14 yearlings by War of Will at the Keeneland September sale last month and he added a 15th yearling to his roster when going to $230,000 for a colt (hip 194) from the Denali Stud consignment.

War of Will has been very good to both Gary and me,” said Mark Casse, who trained the Classic winner. “We are going to give him the best chance we possibly can. The good thing about the War of Wills is that they should be able to do anything–dirt or turf, short, long. We are excited about them.”

Barber and Pantofel Stables purchased a pair of colts by War of Will (hip 844 and hip 2508) for $200,000 to be his top-priced purchases by the stallion in September. Monday's purchase was the owner's most expensive yearling purchase by the stallion.

“I've been fortunate to be around some pretty good sires through my years and I think this horse has great potential,” Casse said. “Gary feels the same way and he is putting his money up to show it.”

Hip 194, bred by Michael Hernon, is out of Callista (Tapit) and is a half-brother to Diamond City (Shackleford). Callista is a daughter of Grade I winner Sweet Talker (Stormin Fever) and a full-sister to stakes winner and graded placed Sweet Tapper.

“The horse that we bought today looks as much like dad as anybody,” Casse said. “But I can tell you they are all really good sized, for the most part they have vetted really well. We've already started breaking. We've got 15 or 20 that are in the early stages of breaking. And they have been extremely smart. They are doing everything right. He was a brilliantly smart horse and could do anything. And so far, that's what we are seeing in the babies.”

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Curlin, from Breeders’ Cup Winner to Breeders’ Cup Sire

Celebrating 40 Years of the Breeders' Cup with Living Legends

There are great racehorses and there are great sires. One doesn't always equal the other. Sometimes, but not always, a horse is equally adept at both.

“It's rare for world-class racehorse to become a world-class sire. It's two different resumes, two different achievements,” said John Sikura, owner of Hill 'n' Dale.

Rarely, ever so rarely, a top racehorse becomes a sire so good and so prolific in generating top-class horses that his own championship race record becomes almost an afterthought. That happened with Northern Dancer. He was a sire in such uncommon air that his own Hall of Fame achievements and Classic wins have been virtually relegated to a footnote amongst the heights of his accomplishments.

Is the same thing happening to 2007 GI Breeders' Cup Classic winner and Hall of Famer Curlin?

When a horse wins the Breeders' Cup, particularly the Classic, that is generally–and rightfully–considered the pinnacle of his or her career. Many are retired shortly afterward as there's a belief they've achieved all they can on the racetrack. A select few might add a second Breeders' Cup win or other Grade I races, but they are always referred to and remembered as a Breeders' Cup winner. Not so with Curlin. His Classic win was merely the launching pad of his impact on the World Championships.

“He's on the cusp of siring the most Breeders' Cup winners ever in different categories, sexes, distances,” said Sikura, who stands Curlin at Hill 'n' Dale. “The uniqueness of him producing world-class horses will be unparalleled in the breed.

“You'd be greedy if you thought the sire you were standing would accomplish this, but Curlin is a force and is unique.”

Curlin | Sarah Andrew

Indeed, of all the Breeders' Cup winners who have sired Breeders' Cup winners, Curlin ranks only one behind the late Unbridled's Song with five individual winners, making him the leader among living North American sires. A handful of other living sires have matched or exceeded that number–Dubawi (Ire), Into Mischief, and Tapit–but none of them won the Breeders' Cup themselves. Rare air, indeed.

“Any time you've sired more Breeders' Cup champions than any of those horses,” continued Sikura, “it's the highest distinction. What a testament among sires that have sired Breeders' Cup winners. Hopefully we can break the record this year or tie it. He had three winners last year which has never been achieved if you look at all the history of the Breeders' Cup.

Curlin's accomplishments speak for him. If the ultimate goal with a sire is siring a Breeders' Cup winner and if you've done that more than any other sire, then it doesn't really need a graphic or more explanation. He's the best of the very best, that's what that achievement says.”

When Curlin retired as America's richest racehorse with earnings north of $10 million to stand his initial season in 2009, no one could have logically predicted the dual Horse of the Year's best and biggest contribution to the sport was still ahead.

But one person did. His majority owner, Jess Jackson, told the media in late 2008: “He is one of the best examples of the breed–fast, strong, and durable. I predict he will make a substantial contribution to our sport through his gene pool, and I am looking forward to seeing his foals compete and possibly exceed his unequaled race record.”

Jackson, the late founder with his wife, Barbara Banke, of the then-fledgling Stonestreet Farm, was never shy with bold, sometimes flamboyant statements, but perhaps even he would be floored at the stark truth in his prediction these 15 years later. Curlin, with that gleaming golden coat, has the Midas Touch as a sire. And unlike many stallions, who have their best horses early on with those initial good books of mares, Curlin seems to be getting better and better. In 2022 alone, he became the first sire in the history of the Breeders' Cup to have three winners in one day. More specifically, it was three winners in less than three hours: races 5, 7, and 9.

Curlin's Breeders' Cup Classic win | Sarah Andrew/Equi-Photo

Curlin's own Classic in 2007 was a powerhouse performance in a soggy rendition at Monmouth Park. He'd never faced a sloppy track before, but it proved no obstacle. In a foreshadowing of his future, he manhandled his opponents on the racetrack and drew away with authority, just as he would do so on many indicators of the sire charts.

Curlin was Jackson's first major racehorse; Rachel Alexandra (Medaglia d'Oro) would be his second. Incidentally, and perhaps relevant to today's ongoing debate over synthetic surfaces, Curlin's only career off-the-board finish was a fourth when attempting to defend his Breeders' Cup Classic title at Santa Anita in 2008 over the then-synthetic. Jackson publicly stated at the time his horses would never compete over a synthetic surface again. True to his word, the next year, he did not enter Rachel Alexandra in the Breeders' Cup when it returned to Santa Anita despite her undefeated sophomore season which included wins over the boys in the GI Preakness, GI Haskell, and GI Woodward, as well as a 10 1/4-length GI Kentucky Oaks romp.

Jackson passed away in 2011 when Curlin's first foals were still short yearlings. He had been an incredibly sporting owner in his short time at the top level of the sport, proven by his decision to campaign Curlin at age four. Many would have retired the chestnut after a 3-year-old season that included that included wins in the GI Preakness, GI Jockey Club Gold Cup, and Classic, plus a head second to Rags to Riches (A.P. Indy) in an unforgettable GI Belmont S. battle. Curlin rewarded Jackson with another three U.S. Grade I wins at four, as well as a trip around the world to bring back a G1 Dubai World Cup trophy.

“He was the best horse in the world [at that time],” said Sikura. “I think his body of work as a racehorse was special and unique. He's passing on that quality, that ability, that soundness, that tenaciousness. All those things that made him such a great horse he's passing on to his progeny.”

Curlin initially stood at Lane's End upon retirement, but a change in his ownership brought him to Hill 'n' Dale for the 2016 season, when his first crop had completed their 5-year-old campaigns. Stellar Wind would be named the 2015 champion 3-year-old filly, Keen Ice had won the GI Travers S., Palace Malice had captured the GI Belmont S. and the GI Met Mile, and Curalina had taken the GI Acorn S. and GI CCA Oaks–all career-making accomplishments for the majority of sires. But most sires are not Curlin. He was just getting warmed up.

“There was an opportunity we seized upon when a 20% interest arose,” said Sikura. “It was ahead of his ability, but when it arose we certainly did everything to secure him. Look at all the Breeders' Cup winners along the way [since then]. He's done great things and hopefully will consistently continue to do them.”

Cody's Wish, shown winning the 2023 Met Mile. After his Saturday score in the Vosburgh, Godolphin's Michael Banahan said, “The major goal was trying to win the Met Mile, which we achieved. Everything else was just bonus to top it off.” | Sarah Andrew

Among Curlin's 21 Grade I winners and/or seven champions are Breeders' Cup winners Vino Rosso (2019 Classic) and Good Magic (2017 Juvenile), as well as his trio in 2022: Malathaat (Distaff), Elite Power (Sprint), and Cody's Wish (Dirt Mile). Amazingly, his runners have had another nine placings in Breeders' Cup races.

“If they make the starting gate, they're dangerous,” said Sikura. “He is multidimensional at the highest level; that's what makes him so special.

“He has done everything but be leading sire by progeny earnings. He's been carefully managed with fewer starters and fewer earners, but more importantly, he's siring more Grade I horses than any other horse during the last few seasons. When he breaks the Breeders' Cup record he can singularly be the horse.”

Sikura is right; by Grade I winners, Curlin currently leads North America's 2023 leading sire list and did in 2021 and 2022 as well.

“He's a horse whose achievements will be seen throughout the history of racing,” continued Sikura. “He's a true classic sire. His accomplishments prove that he is that special and unique horse.”

Sikura believes in Curlin's abilities so much that he did a deal for the breeding rights of Good Magic during that colt's 3-year-old year and now stands him as well. Hill 'n' Dale had consigned Good Magic to the 2016 Keeneland September sale as a yearling for his breeder, Stonestreet. Good Magic brought $1 million and broke his maiden in the Breeders' Cup Juvenile, then went on to have a stellar sophomore season, sandwiching wins in the GII Blue Grass S. and GI Haskell S. around a second in the GI Kentucky Derby.

Good Magic at Hill 'n' Dale | Sarah Andrew

“He's not quite as coarse as Curlin. He's medium-sized and he moves very well. If he's successful, he reminds you of Curlin. If not, he reminds you of the dam,” said Sikura with a laugh. “He's successful, so Curlin gets that attribution. He has a soundness quality and is probably a little earlier than Curlin was. I see, in the performance of his offspring, some similarities to Curlin, but he has his own ability to transmit those qualities.”

Good Magic leads the second-crop sire list by the standard measurement of earnings and got this year's Kentucky Derby winner, Mage, in his first crop. This marks the second consecutive year one of Curlin's sons has sired the Derby winner, as Keen Ice sired Rich Strike last year. Curlin has four sons to date who have sired Grade I winners.

“It's hard for a stallion to be trending any better than Good Magic. The secret is out,” said SF Bloodstock's Tom Ryan two weeks ago at the Keeneland September sale after purchasing a $700,000 session topper by the son of Curlin. “At this point, when you have a stallion producing horses at that elite level, the price bracket can get to an elite range as well. At the end of the day, you try to buy them as reasonably as possible, but it's our job to buy them.”

Curlin himself had two of the seven-figure yearlings at that sale and another two at the Fasig-Tipton Saratoga sale, including the $4-million topper out of champion Beholder (Henny Hughes). Despite a few more yearling sales remaining on the 2023 calendar, that Curlin yearling is likely to be the highest-priced yearling of the year.

“Everyone has given their best to the horse and he has rewarded that faith and opportunity by giving his best,” said Sikura. “Quid pro quo: we give our best, he gives his best. That's rewarding.”

Sikura pointed to the support of Stonestreet as one of the keys to getting Curlin those opportunities.

“Stonestreet has been great supporters. They were active in supplying those great mares ahead of the marketplace. That's a reward in itself and now other people are emulating that. There's synergy between owner and horse. They have that belief in him.”

Curlin's 12th crop of 2-year-olds is at the races this year. No fewer than 16% of all his foals aged three and up are stakes performers. If one looks only at starters, the number jumps to a provocative 20%. Curlin has 97 black-type winners bred in this hemisphere; 55 of those are graded winners; 21 are Grade I winners; seven are champions. Heady numbers, indeed. And he's showing no sign of slowing down.

Another of Curlin's 2022 Breeders' Cup winners, Elite Power, has come back to be a repeat Grade I winner in 2023. Curlin has five Grade I winners this year, top in the nation. | Sarah Andrew

“He's doing fantastic,” said Sikura. “He's a 19-year-old horse and is very, very fertile. He continues to sire elite-level horses. When the market looks at stallions when they get middle-aged, it is receptive if they are still performing. He is current and popular at the racetrack with representation and performance at the highest levels every year.”

From Breeders' Cup winner to Breeders' Cup sire, Curlin can no longer be considered on the cusp of greatness. He hurdled that superlative long ago. Perhaps an avalanche is a better term to describe his momentum as he sweeps up and overwhelms everything in his path, but he leaves things improved, not bereft as an avalanche does. He may not be Northern Dancer yet, but don't count him out.

“He is a self-made man. He brought just $57,000 as a yearling, but he's overcome every prejudice and at every opportunity he continues to elevate. That proves how great he is. We can just nod our head to that greatness level,” said Sikura.

Northern Dancer himself was famously an unsold yearling before his Hall of Fame racing career and unprecedented success as a sire. Curlin may have sold as a yearling for what now looks to be the bargain of the century, but he, too, was inducted to the Hall of Fame and is certainly proving himself as a sire and a burgeoning sire of sires. It's early days yet for him as a broodmare sire, but there's already 15 black-type winners and seven graded winners out of his first daughters.

Curlin knows he's special.

“He's like a politician. When someone shows up, he has a big smile because he knows he's going to get his picture taken,” said Sikura. “He has that aura about him, that life force. He knows he's the dominant male. He's not a fractious horse, doesn't bounce around, just looks around like 'I own the place.' Well, I own the place, but he paid for it. He's my best banker.”

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$875,000 Into Mischief Filly for CRK Stables Early Leader at KEESEP

Spendthrift super sire Into Mischief had been on fire during the first two days of the Keeneland September Yearling Sale and Day 3 proved no exception as the action moved into Book 2. The early leader was Hip 451, a Hill 'n' Dale at Xalapa-consigned filly out of Belle of the Hall (Graeme Hall), purchased by Dottie Ingordo on behalf of Lee and Susan Searing's CRK Stables for $875,000. The Jan. 29 bay filly, bred in Kentucky by Seclusive Farm, is a half-sister to MGSW Share the Ride (Candy Ride {Arg}) from the family of GI Kentucky Oaks winner Blushing K. D. (Blushing John).

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$380K Violence Colt Leads the Way During Solid Start to Fasig-Tipton NY-Bred Yearlings Sale

SARATOGA SPRINGS, NY – The Fasig-Tipton New York-Bred Yearlings Sale gained momentum throughout its opening session, ending with figures ahead of last year's opening session after a brisk evening of just 100 catalogued head. A colt by Violence brought the night's top price when Chris Baccari, bidding alongside trainer Ken McPeek, went to $380,000 on behalf of country singer Toby Keith. The yearling was consigned by Hill 'n' Dale at Xalapa.

A total of 53 yearlings sold Sunday for $5,999,000. The average of $113,189 was up 5% from last year's opening-session figure of $107,813, while the median of $100,000 was up 29.9% from $77,000 a year ago. With 28 horses reported not sold, the buy-back rate was 34.6%.

“It was a very good opening session to the 2023 New York-bred Yearling Sale,” said Fasig-Tipton President Boyd Browning, Jr. “It seemed a tiny bit sticky at the beginning, with a little higher RNA rate that kind of smoothed out as the sale progressed. But it was a solid sale, a good sale. Last year was essentially a record-breaking sale and to be statistically improved in two key categories is a really good start.”

With just a third of the catalogue through the ring Sunday, Browning was loathe to make any big predictions on the state of the New York-bred yearling market.

“We have got a full day tomorrow, so we won't be making any bold proclamations or assertions,” Browning said. “We will have a better ability to access the overall market tomorrow. But it was certainly a good start and we are looking forward to another good day tomorrow.”

The New York-Bred Yearlings Sale continues Monday at noon with a further 264 catalogued head scheduled to go through the ring at the Humphrey S. Finney Pavilion.

 

Baccari, McPeek Strike for Violence Colt
Chris Baccari, who has been active buying on behalf of Toby Keith this year, got the Fasig-Tipton New York-Bred Yearlings Sale off to a quick start when acquiring a colt by Violence for $380,000 (hip 306) for the country singer Sunday in Saratoga. Baccari did his bidding out back alongside trainer Ken McPeek.

“To me, he looked extremely sound and he had a lot of good qualities about him that were unique for his pedigree,” Baccari said. “That's why I told Kenny and Toby that this one we would have to stretch on. To me, he's a very solid horse.”

The bay colt is out of Liam's Lookout (Liam's Map), a half-sister to graded winner Itsaknockout (Lemon Drop Kid). Bred by Fred Hertrich, the yearling sold for $175,000 to SKPJ Stables at this year's Keeneland January sale. He was consigned Monday by Hill 'n' Dale at Xalapa.

“Chris Baccari and I are good friends and we have been for a long time,” McPeek said. “I have a lot of respect for his work and he knows some of my work. We both liked the horse. We are putting a group together to race in New York. We will probably have Magdalena as some sort of share in him. He's a lovely horse. I thought he was a real standout. You have to pay for the good ones and he was a good one.”

Bidding for Keith's Dream Walkin Farms, Baccari purchased a filly by Fast Anna for $100,000 at the OBS June sale and Baccari and McPeek teamed up to buy a Blame colt for $310,000 at the Fasig-Tipton July sale.

“I've known Toby and had mares for him for a long time,” Baccari said. “In the springtime, he called me up and said let's try to get a racing stable. So, that's what I'm trying to do.”

Asked if there was a target number for the stable, Baccari said, “Every deal is it's own deal. When I walk up and see a horse, then I try for it”

 

Gun Runner Filly to Trade Winds Farm
Tom D'Ambra, standing alongside his daughter and farm manager Agatha Reid, went to $290,000 to acquire a filly by Gun Runner (hip 369) Sunday in Saratoga. Consigned by Taylor Made Sales Agency, the yearling is out of graded winner Pantsonfire (Ire) (Sir Percy {GB}). She was bred by Richard Nicolai.

“We really wanted her,” D'Ambra said. “She's a filly, she has residual value If she doesn't run, it's a great family. We hope she will have a good racing career, but even after that there is more in the tank.”

Trade Winds Farm is located in Rexford, New York and has campaigned stakes winner Bounding Charm and multiple stakes placed Scientist.

D'Ambra, who indicated the filly would likely be trained by Brendan Walsh, admitted he was willing to spend more to acquire the yearling.

“I thought she would go higher, so I thought this was good deal,” he said.

Asked if he was still shopping, D'Ambra said, “That's it for tonight, but we will be back tomorrow.”

Eclipse, Repole Back for Mo
Eclipse Thoroughbred Partners and Repole Stables, who teamed up to purchase a yearling by Practical Joke for $150,000 at last year's Fasig-Tipton New York sale, returned to the Humphrey S. Finney Pavilion two days after that colt broke his maiden first-time out at Saratoga to acquire his half-sister by Vekoma (hip 349) for $235,000.

“It's the exact same partnership as on the brother,” said Repole advisor Jacob West. “So we are combining forces and hope we do it again.”

Asked how much her half-brother Trust Fund's 2 1/4-length debut victory impacted their decision to buy the sister, West said, “We knew that she was in here and we knew what he was doing prior [to Friday's race]. The page was turned down on her before he ran. But the filly, on her own, was very, very nice. She was a beautiful filly. We hope he goes on and does well and we have some residual leftover.”

Hip 349, who was consigned by Straight Line Equine Sales, is out of Mo Savings (Uncle Mo), a half-sister to stakes winner and graded placed Clipthecouponannie (Freud). She was bred by Windylea Farm.

“She's been really nice ever since she was born,” Windylea's Kip O'Neill said of the yearling. “We thought she would bring $80,000 to $125,000 before the timely update that happened Friday. Certainly we were watching out for that horse. Once that happened, we thought we would get into the high $100,000s. She got over $200,000 and we are very happy with the hands that she's in. Jacob has bought quite a few from our farm over the years. It's becoming a good relationship.”

Windylea Farm claimed the unplaced Mo Savings for $40,000 at Belmont in 2019. Trust Fund was her first foal. She has a weanling filly by Tacitus.

“We still have the mare,” O'Neill confirmed. “We decided not to breed her back–it was a late foaling and we decided to give her the year off. We were going to have to give her a year off sooner or later and she's worked hard for us. So we figured we would give her a little bit of a break.”

Vekoma had a pair of yearlings sell Sunday night. In addition to the filly, the Spendthrift stallion also had a colt (hip 354) sell for $200,000 to Klaravich Stables.

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