‘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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PR Back Ring Fasig-Tipton New York-Bred Yearling Sale: Najja Thompson On The Empire State Program’s Future

CLICK HERE TO READ THIS EDITION OF THE PR BACK RING

The latest issue of the PR Back Ring is now online, ahead of the Fasig-Tipton New York-Bred Yearling Sale.

The PR Back Ring is the Paulick Report's 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 McMahon of Saratoga Thoroughbreds: Najja Thompson, executive director of New York Thoroughbred Breeders Inc., discusses the present and future of the state's breeding program with bloodstock editor Joe Nevills.
  • Stallion Spotlight: Syndicate manager Chris Bernhard on Redesdale, whose first foals are yearlings of 2021.
  • Lesson Horses Presented By Ocala Breeders' Sales Co.: Mid-Atlantic horseman Clovis Crane discusses the former bucking horse that taught him about life and horsemanship.
  • The Stat Presented By New York Thoroughbred Breeders Inc.: Leading graduates of the Fasig-Tipton New York-Bred Yearling Sale by racetrack earnings.
  • First-Crop Sire Watch: First yearlings of the Fasig-Tipton New York-Bred yearling sale, with the number of horses cataloged and the farms where they are currently advertised.

CLICK HERE TO READ THIS EDITION OF THE PR BACK RING

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Stanford Filly Tops CTBA Northern California Yearling Sale

Tuesday's California Thoroughbred Breeders Association Northern California Yearling Sale posted strong gains across the board from 2020, with average yearling sales price of nearly $10,000, highest in six years.

A filly by promising new stallion Stanford was the sale topper at $45,000.

She is out of the Broken Vow mare Jeannie's Genie, bred by Michael Allen, consigned by Easterbrook Livestock and purchased by Robert Jones.

The highest-priced colt was by Vronsky, purchased by GCCI for $36,000. He is out of the Tizbud mare Just Lookn Again, was bred by West 12 Ranch, Inc. and Craig Allen and consigned by Hanson's River Ranch.

The average yearling sale price of $9,977 was nearly 40 percent higher than last year's $7,217, and is the highest since $11,537 in 2015. Gross yearling sales on Tuesday were $917,900, compared to $505,200 last year for 69 sold. The yearling median price doubled from last year's $3,000 to $6,000.

To view the auction's full results, click here.

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