PR Special Keeneland September: The Best Of Book 2

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The Keeneland September Yearling Sale has rolled into Book 2, and the Paulick Report is back with another issue of the PR Special newsletter.

This time around, bloodstock editor Joe Nevills counts down the 20 greatest graduates from Keeneland September's second book sold since 2010. The list includes future Hall of Famers, champions, classic winners, and global superstars, all of whom went through the ring after the magnifying glass of Book 1 had been put away.

Airdrie Stud's Cormac Breathnach discusses Summer Front, whose first foals are 3-year-olds of 2020, in this edition's Stallion Spotlight. Then, Nevills examines the newcomers in the pages of Book 2 in Young Sire Watch.

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Thanks as always to our sponsors for making this edition of the PR Special possible. Your support is crucial to the functioning of our publication.

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The Familiar Road Home For Honor A. P. At Lane’s End.

The floors of A.P. Indy's stall had been bare since February, when Lane's End lost its elder statesman and pensioned cornerstone sire at the age of 31. For an entire season, the residents of the stallion operation's front barn passed by the empty stall on the way to the breeding shed.

Choose your cliche: both life and the show must go on at a stud farm, but Lane's End's “big stall” hadn't had a vacancy in a long time. Whoever filled the spot, it was going to be a big deal.

Fitting then, that the horse who finally called for bedding in A.P. Indy's stall for the first time in seven months would be one of the Hall of Famer's own blood, and one named to be a living tribute to his career.

Grade 1 winner Honor A. P. arrived at Lane's End on Tuesday around 11:30 a.m., and he checked in to the most high-profile suite in the place. A day earlier, his pending arrival was announced after the 3-year-old colt was found to have come out of his fourth-place effort in the Kentucky Derby with a strained front-left tendon.

It was a quick turnaround for Honor A. P., who had just returned from Churchill Downs to the barn of trainer John Shirreffs at Santa Anita Park before the injury was discovered – just over a week from wheels-up to wheels-down in Kentucky, where he will enter stud in 2021. Tendons can take a long time to get back to racing shape in a racehorse, if they ever do, so the decision to move him on to the next phase of his career was an easy one.

“It's not visible, but it's obviously there,” said Bill Farish of Lane's End. “It's too bad that it came when it did, but timing-wise, the Derby's not when it would have been. If it had been in May and this had happened, they probably would have brought him back. Now, it's a six-month thing, and you're going to be into missing the breeding season.”

Even before naming the horse, owners Lee and Susan Searing of C R K Stable clearly thought highly of A.P. Indy's handiwork.

Honor A. P. is a son of fellow Lane's End resident Honor Code, one of A.P. Indy's most successful runners, one of his last notable sons to retire to stud, and the kind of horse that forces a person to believe in evolution. Many of the physical traits that defined both A.P. Indy and his sons – the alert, inquisitive look in his eye, the ebbs and flows of his withers and midsection into a solid rump, the general impression that the horse before you could run forever – are all present in Honor Code, but bigger and stronger than the generation before him.

The Searings bought Honor A. P. for $850,000 at the 2018 Fasig-Tipton Saratoga Selected Yearlings Sale. He was practically a carbon copy of his flashy dark bay sire at the end of the shank.

Besides the uncanny resemblance to Honor Code, Honor A. P. had the page to merit the lofty price and the expectations that came with it. His dam is the multiple Grade 1-winning Wild Rush mare Hollywood Story, who had generated plenty of black type on her page before Honor A. P. set foot on the track.

Honor A. P. as a yearling at the 2018 Fasig-Tipton Saratoga Sale.

Just like Honor Code did for A.P. Indy, Honor A. P. developed into a generational update of his sire, keeping the classic A.P. Indy look and the strength of Honor Code, but adding a bit of scope to the equation. That combination of traits led Honor A. P. to become one of the top 3-year-olds of his generation, punctuated by a victory in the Grade 1 Santa Anita Derby.

Farish had been interested in Honor A. P. as a stallion prospect well before he was a fully-fledged classic contender. He'd flown out to California to watch him finish second in the G2 San Felipe Stakes in March. However, the talks with the Searings got more serious after the colt's nose touched the finish line in the rescheduled Santa Anita Derby on June 6, and the announcement that Lane's End had secured the breeding rights went out on June 26.

“It didn't take long at all,” Farish said about the negotiation process. “Lee Searing was excited to have him come here. He named him after A.P. and everything else. Lucky for us, he genuinely wanted to have him here. We'd been following him since [the Saratoga sale], and David [Ingordo, Lane's End's bloodstock agent] bought him.”

A few hours after Honor A. P. arrived at Lane's End, he was brought out for display to the media, and he was soon joined by Honor Code. The two stallions stood face-to-face as if they were looking into a mirror; each with four socks and a flashy white face punctuating their near-black coats. Keeping true to the theme of generational progress, Honor A. P's socks were a little longer and his blaze was a little wider.

Honor A. P.'s long white socks also provided the optical illusion that he might be a little racier and longer-legged than his sire, though Farish said time might balance that out.

“I think he looks that way right now because he's still tucked up and racing fit, but the resemblance is uncanny,” he said, “This guy's running style was maybe a little more like A.P. Indy than it was Honor Code. He's maybe a tick taller. They're both definitely taller than A.P. was. He's got more length and length of stride than Honor Code did, but they were both effective.”

These two horses looked similar, and they obviously come from similar blood. One would assume this would mean they might be drawing from a similar pool of mares come 2021 and beyond, perhaps cannibalizing each other's books, but Farish said the stallion that breeders might gravitate toward will depend on the outcome they desire with the foal.

“Yes, in some ways you're dealing with the same crosses, but you have one horse that does have runners and one that doesn't, so they're in very different points in their careers,” he said. “People that are looking for a more proven horse are going to go to Honor Code, and ones that want something sale-wise that's unproven, they'll go to Honor A. P. It gives people an interesting choice.

“I would think a lot of the American speed-type sires are going to work very well –Speightstown, lines like that could complement the A.P. Indy line,” Farish continued. “It's worked, and we'll keep trying what's worked. In the beginning, with a stallion like this, you don't like to try to over-manage it, because you really don't know what's going to work. You'd like to think you do, and a lot of times you're right, but a lot of times you're wrong. City Zip was going to be a six-furlong sire and he ended up getting stakes winners at a mile and a sixteenth on the grass. You just try as many different things as you can.”

Honor A. P. not only inherited his grandsire's stall when he arrived at Lane's End, he also inherited his groom, Asa Haley.

Haley was paired with A.P. Indy for 14 years, and he stayed on with the stallion after he settled into life as a pensioner. He also tends to another of A.P. Indy's sons at the farm: the 2003 Horse of the Year Mineshaft.

Haley and Honor A. P. only had a few hours to get acquainted before the two went through their paces before the cameras on Tuesday afternoon, but the horse obeyed his new handler well as they paraded around the courtyard of the stallion complex. It's a first step compared with nearly a decade and a half together with A.P. Indy, but so far, so good.

“He seems to be pretty nice so far,” Haley said. “I think we should get along. I mostly get along with all my other horses, so I hope I can get along with him, too, so I guess time will tell.”

Arguably no one on the planet knew the makeup of A.P. Indy like Haley did, and what made the old horse tick. For a long time, Honor Code resided in the stall immediately next to his sire, so Haley had plenty of time to notice the patterns between father and son, and when he applied that knowledge to his latest charge, he could see back through the generations in Honor A. P.

“That white eye,” Haley said, noting the signature ring that the grandfather, father, and son each have around an eye. “It sticks out, just like like A.P.'s did. That white eye sticks out on Honor Code, and it's sticking out on him, too.”

There is bedding again in A.P. Indy's stall, and a nameplate on his door. It would be a lot to expect of the stall's new resident to beckon a new set of “good old days” like his his famous grandsire, but with the letters “A. P.” on the the first door on the right in the Lane's End stud barn, perhaps the rookie can at least provide a bit of normalcy. Every generational shift has to start somewhere.

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Into Mischief Continues His Commercial Ascent At Keeneland September Sale

The past 12 months have seen Spendthrift Farm's flagship sire Into Mischief achieve just about everything a stallion needs to do in order to be considered a major commercial sire.

Let's go down the list:

Breeders' Cup winner? Check.

Eclipse Awards? Covfefe got him two for good measure.

Leading sire title? He earned his first at the end of 2019.

Classic winner? Authentic went from the outside post to the history books earlier this month.

With that kind of momentum behind him, the next step was to have a big showing at this year's Keeneland September yearling sale. Another box, another check.

During Monday's session alone, Into Mischief had three yearlings bring seven-figure prices, adding to the one he hammered down on Sunday's opening day of trade. His four total seven-figure offerings tied him with Medaglia d'Oro for the most by a sire at Keeneland September through the end of Book 1. Prior to this year, his million-dollar yearling club consisted of a single horse.

If there was any remaining doubt that Into Mischief has earned his place among the the very top echelon of North America's commercial sires, it was pulverized with every seven-figure fall of the hammer.

“It's just building on what he's done,” said Spendthrift Farm general manager Ned Toffey. “He's always been a commercial horse, but when you win the Derby and you show people that you're able to get a classic horse, which was sort of the only question left unanswered with him, this has just given people that much more confidence to go out and ante up for a really nice Into Mischief. That's great news for us, it's great news for our breeders, and we couldn't be happier with it.”

The leader of the pack for Into Mischief through the end of Book 1 at the Keeneland September sale was Hip 438, a filly out of the Grade 2-placed stakes-winning Medaglia d'Oro mare Taylor S who sold to Larry Best's OXO Equine on Monday for $1.9 million, the second-highest overall price for both the day and the sale.

Taylor S is a half-sister to Breeders' Cup Dirt Mile winner Liam's Map and Grade 3 winner Not This Time, who have both gotten off to fast starts as stallions. Taylor Made Sales Agency consigned the top filly, as agent.

It was the second Into Mischief yearling Best purchased at the sale, after landing Hip 121, a colt out of the Grade 2-placed Cuvee mare Curlina, for $1 million on Sunday. He was handled by Gainesway, agent.

Elsewhere, Courtlandt Farm bought Hip 275, a filly out of the stakes-placed Distorted Humor mare Mary Rita, while BSW/Crow Bloodstock landed Hip 405, a filly out of the Unbridled's Song mare Special Me whose siblings include Grade 1 winner Gift Box and Grade 2 winner Stonetastic. Both yearlings were purchased for $1,025,000.

The performance by Into Mischief's yearlings during the Keeneland September sale carries on the momentum set last week during the Fasig-Tipton Selected Yearlings Showcase, where he had 17 yearlings sell for a combined $6,745,000, led by a colt out of the Distorted Humor mare Blind Copy who sold to the partnership of SF Bloodstock, Starlight Racing, and Madaket Stables for $800,000.

Had the yearling season ended after just the two days of the Fasig-Tipton sale, Into Mischief's 2019 foal crop would have been the fourth-highest out of his 10 crops to reach the market by number of horses sold at upper price points ($750,000 and up, $500,000 and up, or $250,000 and up). After two more days of selling at the market's highest level, this season's crop of yearlings sits second or third in those three categories, with a solid chance of finishing the year safely in first across the board.

With 2020 being an unprecedented year in practically every aspect of the Thoroughbred industry, Into Mischief was also the beneficiary of arguably the biggest update a sire has ever received heading into the yearling season: Authentic's victory in the postponed Kentucky Derby, just days before selling began.

With that being said, Toffey said a Derby winner alone doesn't guarantee an immediate spike in returns.

“The 'Derby bump' doesn't happen without the stock out here that he's got,” he said. “As his stud fee has gone up, the mare quality has gotten better, the individuals have gotten better, and that just continues to happen.

“That's the thing that's been remarkable over the years – not every stallion improves as the mare quality improves, but he's continued to do that,” Toffey continued. “In his second year, his stud fee was as low as $6,500, and all the way right up to last year at $175,000, the mare quality continues to go up and the quality of the offspring just continues to look better, and they continue to perform better. We're just glad he's on our team.”

Into Mischief's average yearling sale price reflects the stallion's climb up the commercial ladder. His first crop of yearlings saw 26 members go through the ring in 2011 for an average price of $22,792.

A year later, his second crop had 13 yearlings average $21,269 from combined revenues of $276,500 – all their respective lowest points. Into Mischief's average yearling sale price in 2019 was greater than his combined second-crop gross from 2012, and he stands a good chance of surpassing that threshold for a second time this year, continuing a journey to the top of the marketplace that seemed like a pipe dream a decade ago.

“That's the great thing about this game,” Toffey said. “You're always hoping for the best, you're shooting for the stars, and most of the time, you don't get these kind of results. Horses like Into Mischief just don't come along very often. He's just been remarkable. We thought we had the horse of a lifetime with Malibu Moon, and we've got another one with Into Mischief.”

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Magical Could Target Breeders’ Cup After Defeating Ghaiyyath In Irish Champion Stakes

If you get into a battle with Magical you better bring everything you've got because she's a formidable force and proved it once more in this weekend's Irish Champion Stakes, writes Bradley West.

Having been beaten by fierce rival and pre-race favorite Ghaiyyath at York last month, the five-year-old mare exacted revenge by winning a straight fight against Charlie Appleby's star in the showpiece race on Day One of Longines Irish Champions Weekend.

The victory, Magical's second consecutive success in the 1m2f bout, means Aidan O'Brien extends his record as the leading trainer in the race with his ninth triumph.

But O'Brien reserved all his praise for the sire of Galileo highlighting how, in the heat of battle, there are very few better than her.

“What she wants is to always eyeball a horse in battle,” O'Brien said. “Seamie [Heffernan] was happy to make the running today, if William [Buick] was going to go then Seamus was going to go and keep her interested. He gave her a brilliant ride.

“She's one serious mare, when you get into a battle with her. It's really when you get into a battle with her when you really see what she can do.

“We're learning about her all the time. If you get away from her she gets a bit lazy, if you get into a fight with her very few will eyeball her. That's what she did with the colt.

“She's a great filly. It wasn't a big field but my god they were good horses in it.”

Ever the fast starter, Ghaiyyath took to the front in the early running deploying his legendary cruising speed to good effect.

But it didn't take long for O'Brien duo Magical and Japan to enter the fray, as the front three pulled away from the rest.

With not long to go it became a straight shootout between Magical and Ghaiyyath, one which saw Buick ease O'Brien's star away to double up at Leopardstown.

The victory gave veteran Seamie Heffernan another high-profile success in what has been an outstanding season for the 48-year-old.

Having already won the Irish 1,000 Guineas with Peaceful and the Irish Derby with Santiago in 2020, Heffernan crowned a third prestigious Irish showpiece win of the year – with the focus now turning to a potential crack at the Breeders' Cup.

O'Brien added: “We were very happy after York with what she was able to do. She just lost interest a little bit.

“I think so [she'll have a crack at the Breeders Cup]. Something like that would suit her really well.

“But this is a massive race. Of all the European races, prestige-wise, this is probably one of the most, if not the most.

“It's the highest rating race over a ten-year period and it comes out on top of all the races. All the high rating horses turn up here.

“It's the perfect place on the calendar, the perfect ground, the perfect mile and a quarter the perfect distance.”

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