Strong Start As Yoshida Plumps For Tatts Topper

By Chris McGrath and Emma Berry

NEWMARKET, UK–If the opening session was a mere warm-up for bigger and better things to come on Tuesday, then we are likely to be in for some red-hot trade as the stellar names come rolling out. For Monday's trade was, as we have seen at so many auctions throughout 2021, up across all sectors, with buyers from Japan, Australia, France, Britain and Ireland all participating in the day's leading ladies.

We are well used to the spending power of Japanese buyers, particularly various members of the Yoshida family, and it was Katsumi Yoshida's Northern Farm which signed for the day's top lot, a young mare who perhaps appropriately traces back to the great Best In Show, at 450,000gns.

Gains of 33% and 30% in median and average speak to the consistently high level of demand for breeding stock, and though the clearance rate dropped slightly, it still settled at a respectable 84%, while the aggregate had passed last year's opening day mark by late afternoon. By the end of the 12-hour session it was up by 24%, at 15,281,000gns for 232 horses sold–11 fewer than last year.

Japanese take Pride in new export

The Blush With Pride branch of the Best In Show dynasty has grown fresh limbs in the U.S. during 2021. The 1982 Kentucky Oaks winner's celebrated daughter Better Than Honour (Deputy Minister) can now add to her record new credits as respectively second and third dam of two brilliant talents, albeit both meanwhile held up by injury: GII Fountain of Youth S. winner Greatest Honour (Tapit), and GIII Kona Gold S. winner Cezanne (Curlin). And another of her daughters, Butterfly Blue (Ire) (Sadler's Wells), is third dam of GIII Dwyer S. winner First Captain (Curlin).

On this side of the water, however, it is Butterfly Blue's full sister Maryinsky (Ire) who remains the most conspicuous blossom on the family tree, notably through her champion daughter Peeping Fawn (Danehill) and her Group 1-winning son Thewayyouare (Kingmambo). Coolmore's use of Japanese titan Deep Impact (Jpn) as an outcross mate for Peeping Fawn produced a very smart juvenile in September (Ire), and now Maryinsky's 7-year-old daughter by Fastnet Rock (Aus), Crimson Rock, will participate in the Japanese industry's quest for regeneration following the loss of its perennial champion sire. Presented here as lot 1418 by Newsells Park, in the partial dispersal from Al Shahania Stud, she was sold to Katsumi Yoshida for 450,000gns.

It is instructive of the peculiar fluctuations of bloodstock values that Crimson Rock should have caused the ring to fall silent as the bidding climbed, through competition from the likes of James Wigan of London Thoroughbred Services and Greg Goodman of Mt. Brilliant Farm, to the highest level of the sale to date. For she made even more as a yearling, when knocked down to Spendthrift Farm for $1,000,000 at the 2015 Keeneland September Sale. One way or another, however, she ended up running in the silks of Sheikh Mohammed bin Khalifa al Thani when winning a Newbury maiden on debut for Ralph Becket the following year. Sadly she could not live up to that promise in two starts at three, but she appeared here carrying a third foal (by Highland Reel {Ire}) and these remain early days in her second career.

“Of course this mare line is one of the best,” said Yoshida's representative here, Shingo Hashimoto. “That was very attractive, and Fastnet Rock is going well in Japan. We are always looking for the best blood to refresh our breeding. We haven't yet decided whether or not she'll go straight to Japan, but hopefully she will suit the sons of Deep Impact on the farm.”

While his odyssey via the breeding stock sales in the U.S. had gone smoothly to this point, Hashimoto will be facing new isolation rules when he returns home.

The Al Shahania draft resumes on Wednesday, headed by the offering of GI E.P. Taylor S. winner Blond Me (Ire) (Tamayuz {GB}) as lot 1837. At a very similar stage of her breeding career, she is carrying a foal by Siyouni (Fr).

First-time buyer aims high with Juddmonte mare 

The first of two batches of fillies and mares from Juddmonte Farms provided a late afternoon highlight during the opening session with a range of the operation's top families proving a lure for buyers.

At the head of the group was Sun Tide (GB) (Siyouni {Fr}), a winner last year at three and now in foal for the first time to Kameko, whose own 3-year-old career included victory in last year's 2000 Guineas. On a page which featured only two dams, and with almost every name listed being in bold black type, Sun Tide's most illustrious immediate relative is her half-sister Midday (GB) (Oasis Dream {GB}). Three other half-siblings have also claimed stakes races, while her dam Midsummer (GB) (Kingmambo), a listed-placed winner herself, is a half-sister to the dual Group 1 winners Reams Of Verse (Nureyev) and Elmaamul (Diesis {GB}).

For a new player in the industry signing up a first broodmare, it would be hard to think of a better way to start than with a mare who offers both owner/breeder and commercial possibilities. The lucky new owner of Sun Tide could not be named by Charlie Vigors, who was the last bidder standing at 400,000gns, but he did confirm that lot 1426 would now be residing at his Hillwood Stud.

“She's been bought for a new English-based client and I think this is their first horse. They want to have a boutique broodmare band and there's no better family to buy into. They might race a filly but she has a nice commercial cover if they do decide to sell,” said Vigors.

“She's a neat, attractive mare so there are plenty of options for where you want to go with her in the future.”

Sun Tide had followed another 4-year-old, Tacitly (GB) (Dubawi {Ire}), into the ring  and the daughter of the G1 Falmouth S. winner Timepiece (GB) (Zamindar) will be heading to Normandy to join an elite group of mares after Robert Nataf and Henri Bozo went to 375,000gns.

“She's for a partnership between Ecurie des Moneaux and a client of Robert Nataf,” said Bozo of lot 1425, who is carrying her first foal by Frankel (GB). “Her pedigree speaks for itself and she is in foal to the right stallion.”

Regarding plans for next year, he added, “I have an idea but we will have to discuss the mating. Maybe she could be one for Wootton Bassett.”

Tacitly's family has been in the news of late as her relation Time Test (GB), who is also by Dubawi and is out of her dam's half-sister Passage Of Time (GB) (Dansili {GB}), is currently in vogue with breeders on the back of a successful season for his first crop of runners.

The first eight of the Juddmonte draft, all in-foal mares, sold for an average of 167,750gns, with 15 fillies to be sold on Tuesday.

Showcasing mares in demand

Group 3-placed as a juvenile and finally a winner at the 23rd time of asking, Model Guest (GB) (Showcasing {GB}) was certainly a trier in her racing days, with eight runner-up finishes to her name. Covered by Kingman (GB) in February, she went through the ring on Monday as lot 1469 and will continue her secondary career in Ireland, having been bought by Eddie O'Leary for 330,000gns.

“If she produces something like herself we'll be okay,” said the Lynn Lodge Stud owner. “She's a beautiful mare and there are some good Kingman crops to come through.”

Another daughter of Showcasing with a markedly similar profile was also on the shopping list of Gerard Larrieu of Chantilly Bloodstock Agency, who bid 270,000gns for Endless Joy (GB). The 4-year-old (lot 1464) won over six furlongs at two and was third in the G3 Firth of Clyde S. on her final start for Clipper Logistics. She was sent to Darley newcomer Blue Point (Ire) for her first cover in February. 

Like so many from her breeders Whitsbury Manor Stud and Margaret Slade, Endless Joy hails from a fast family which includes her half-brother, the hardy listed winner and Group 3 runner-up Laugh A Minute (GB) (Mayson {GB}), while the further family features one of this season's leading sprinters in the July Cup and Commonwealth Cup runner-up Dragon Symbol (GB) (Dragon Pulse {Ire}).

Hillen has last word on Statement 

It was a long wait, but Stephen Hillen was “very excited” to have landed one of the final lots into the ring—the standout in a tail-end session reserved for horses in training—as a rather different project from most that had preceded her through the preceding 11 and a half hours.

Statement (Ire) (Lawman {Fr}) touched an official rating of 106 for Martyn Meade, having run none other than Alcohol Free (Ire) (No Nay Never) to a photo in the G3 Fred Darling S. before trying her luck in the G1 1,000 Guineas. Her form has somewhat tapered off since, despite a Group placing at Epsom, but she still has miles on the clock and Hillen hopes that she can renew her progress in the silks of his wife Becky.

He duly gave 300,000gns for lot 1568, in the process rewarding the perseverance of this filly's breeders at Ballylinch Stud. Offered at the Orby Sale as a yearling, she was knocked down for 100,000gns but ended up running in the silks of her home farm.

“I loved her run at Newbury, beaten a short head by Andrew Balding's filly that went on to win two Group 1s,” Hillen said. “It's all about her form, hopefully she can come back to something like that. I don't where she will be trained, but it will be in the U.K.”

As and when Statement does move onto the kind of career that drives the rest of this sale, she will be supported by multiple stakes placings in both her first two dams. “Lawman looks like a tremendous broodmare sire, too,” Hillen noted. “And this filly is from a brilliant nursery in Ballylinch.”

Newsells invest in French blood

Rarity value counts for plenty but it was far from the only reason that Jill Lamb singled out the only mare in the catalogue in foal to the Aga Khan Studs' rising young stallion Zarak (Fr). Of course the son of Dubawi (Ire) and Zarkava (Fr) owns a wonderful pedigree, but then the stakes-placed mare Nooramunga (Fr) has plenty to recommend her too, being by another Aga Khan resident, Siyouni (Fr), and out of the G2 Prix d'Astarté winner Turtle Bow (Fr) (Turtle Island {Ire}), herself a half-sister to the late Group 1 winner and stallion Turtle Bowl (Ire) (Dyhim Diamond {Ire}). The 5-year-old won over a mile in France as well as being listed-placed for her breeder Berend van Dalfsen, who also bred Nooramunga's dam and grandam.

After signing for lot 1387 at 270,000gns, Lamb said, “She's been bought for Newsells Park Stud. She's a lovely mare and she's in foal to a very exciting young stallion. There's a lot of quality to her and she's a black-type Siyouni mare which has got to be an exciting thing to have.”

She added of Zarak, “He looks very like Time Test to me, a beautiful horse.”

Newsells Park Stud, which was bought earlier this year by Graham Smith-Bernal, will also be acting in the role of vendor this week, with 19 of their own and clients' mares to sell. They include one of the likely stars of the show, Waldlied (GB) (New Approach {Ire}), the Group 2-winning three-parts-sister to Arc winner Waldgeist (GB) (Galileo {Ire}) who sells on Tuesday as lot 1839.

“We are selling a few so we will be looking to replace them and we wanted to get one under the belt today,” Lamb said. “A lot depends on what happens tomorrow but [Waldlied] sells quite late so Graham said we had to be brave before she goes through.”

Godolphin mare to Arrowfield

A well-credentialed daughter of Sea The Stars (Ire) from the Godolphin draft will be heading south to Australia after John Warren, buying on behalf of Arrowfield Stud, selected the 3-year-old filly Final Thought (Ire) (lot 1522) at 240,000gns.

“Arrowfield is a big, successful operation and she will be a marvellous mare for one of their many stallions,” said Warren of the 85-rated relation to Group 1 winners Nathaniel (Ire) and Great Heavens (GB).

He continued, “She is from one of the best families, it is pretty hard to beat, and the stud is trying to introduce these sorts of pedigrees into Australia for more diversity. Arrowfield is a Classic organisation and it doesn't want to be caught up in the narrow trend dominated by speed; she will offer that diversity.”

A daughter of the Grade III-winning Street Cry (Ire) mare Anjaz, Final Thought was a winner last year at two for Saeed Bin Suroor. Her grandam Playful Act (Ire) (Sadler's Wells) won the G1 Fillies' Mile en route to becoming the English joint-champion 2-year-old filly and she is herself out of the celebrated matriarch Magnificient Style (Silver Hawk), the dam of six black-type winners led by Newsells Park Stud stallion Nathaniel. 

Mascalls boxing clever

Whether in the sales ring or the kind with a canvas floor, it's equally important to be capable of punching above weight. And if Barry Hearn could tell you as much of boxing, then his wife Susan has done much the same at the boutique Mascalls Stud through consecutive foals of Reckoning (Ire) (Danehill Dancer {Ire}), a mare bought here seven years ago for 160,000gns: dual Group 2 winner and G1 St Leger runner-up Sir Ron Priestley (GB) (Australia {GB}) and G1 Ascot Gold Cup winner Subjectivist (GB) (Teofilo {Ire}).

Hearn hopes that she may have found another in the same mould in Taraateel (GB) (Oasis Dream {GB}), who formed part of the Shadwell cull as lot 1450. The 5-year-old, who won her only start in France, made 230,000gns carrying her second foal (by Blue Point {Ire}). She is out of Farmah (Speightstown), a Group winner in Italy; while the second dam is French Classic winner Torrestrella (Ire) (Orpen).

No less than in boxing promotion, it helps to have the inside track. And Hearn explained that this mare's juvenile full-brother Zawaaya (GB), who had broken his maiden at Deauville since the publication of the catalogue, has been well reviewed by trainer Francois Rohaut.

“I know a bit about what's going on further down in the family,” she said. “Francois trains for me in France, and he tells me he thinks a lot of two of Farmah's progeny, particularly her 2-year-old. It's helpful to have a bit of inside information!

“I have spent too much, but hopefully I have bought a really nice mare. I'm happy, it's a lovely family and obviously Oasis Dream as a broodmare sire is very attractive. I don't know who we'll send her to, but I'll do my best to find something nice for her.”

Regal pedigree for Fittocks client

“We are hoping to give the farm a royal touch!” smiled Luca Cumani in welcoming to Fittocks Stud the top lot of the morning, the 4-year-old Dusty Dream (Dubawi {Ire}) (lot 1318) carrying a first foal by Showcasing (GB). A disappointing racetrack career in the Queen's silks naturally does not diminish her own regal genes, and Cumani and his wife Sara had picked her out for a client before signing a 180,000gns docket in the name of SH Bloodstock.

Dusty Dream was homebred out of that very smart juvenile Memory (Ire) (Danehill Dancer {Ire}), who won the G3 Albany S. and G2 Cherry Hinton S. for Highclere Thoroughbreds. Dusty Dream herself did not build on the glimpse of promise she showed for William Haggas at two, but Memory has already produced three Group winners from just five runners to date in Call To Mind (GB) (Galileo {Ire}), Learn By Heart (GB) (Frankel {GB}) and Recorder (GB) (Galileo {Ire}). And Sara Cumani noted that she has a couple of fillies—a yearling sister to Dusty Dream and a foal by Night Of Thunder (Ire)—in the pipeline for the further decoration of the family tree.

“It is a beautiful pedigree,” she said. “It's mostly colts so far but we hope those fillies can do something too. She's on an early cover, which is a positive, but we need to discuss future covering plans with our client.”

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Japan Road To Kentucky Derby Begins Saturday

The Japan Road to the Kentucky Derby will begin early Saturday morning with the $271,844 (USD) Cattleya Stakes at Tokyo Racecourse.

Kazumi Yoshida's Consigliere (JPN) was the early 2-1 favorite in the Cattleya. Trained by Yukio Inagaki, Consigliere broke his maiden at first asking on Aug. 22 at Niigata. The son of Drefong is scheduled to be ridden by Christophe Lemaire.

Consigliere is slated to face 14 rivals including Mataichiro Yamamoto's World Connector, the current 4-1 second choice in the wagering. The son of Connect broke his maiden on Oct. 31 over the turf at Tokyo Racecourse. The Kazuo Fujisawa trainee will be ridden by Ryan Moore.

The one-mile Cattleya Stakes is carded as Race 9 at Tokyo with a post time of 12:15 a.m. ET. The Top 4 finishers will be awarded points on a 10-4-2-1 scale.

For more information about the Japan Road to the Kentucky Derby, visit www.KentuckyDerby.com/horses/prep-races.

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Something For Everyone As Keeneland November Wraps

The seasonal foliage was about the only thing falling at the Keeneland November Breeding Stock Sale, which concluded a wildly successful run in Lexington Friday afternoon. Over the course of 10 days of trade, sales officials reported gross receipts of $203,585,500 for 2470 horses sold, good for an average of $82,423. Further demonstrating the strength of middle market, the median price of $37,000 established a new November record, eclipsing the previous mark of $35,000 set on five previous occasions, but most recently in 2014. The buyback rate closed at a very manageable 17.4%.

The November sale was topped by the supplemented GI Coaching Club American Oaks winner Paris Lights (Curlin) (hip 224D), who was consigned by Brad Weisbord and Liz Crow's EliTE, as agent for WinStar Farm/WinStar Stablemates. Despite the passing of its founder B. Wayne Hughes this past August, Spendthrift Farm continued an aggressive buying spree dating back to last year's breeding stock sales, going to $3.1 million for the daughter of Paris Bikini (Bernardini). Paris Lights was one of seven mares that eclipsed the seven-figure mark at Keeneland, each of which was secured by a different buyer, while the 41 horses that sold for a pricetag in excess of $500,000 were acquired by some 30 unique entities.

The 2021 November Sale also warmly welcomed the return of a broad international buying bench, as the United States conditionally opened its borders on the eve of the auction Nov. 8. Bidding was spirited at every level of the sale, across each of the five books that was capped by Friday's equally vibrant Horses of Racing Age Section (see related story). So lively was the bidding that by the time the dust had settled on the Book 3 finale Nov. 14, the sale had already soared past the gross for the entire COVID-impacted event in 2020.

The weanling section of the sale also featured competitive bidding, with end-users and resellers alike making their presence felt. Four Star Sales sold the highest-priced foal of the sale (hip 144), an $800,000 Frankel (GB) half-sister to MGSW Nay Lady Nay (Ire) (No Nay Never) and GSW/MG1SP Arizona (Ire) (No Nay Never) to Midlantic-based trainer Phil Schoenthal, agent for Matt Dorman's D. Hatman Thoroughbreds.

The level of engagement augurs well for horse racing and breeding, Keeneland President and CEO Shannon Arvin said.

“Excitement for racing and confidence in the future of our sport globally are positive trends for the entire horse industry,” she commented. “The November Sale continued the optimism we saw in September with great energy on the sales grounds, smiling faces all around and people having fun doing what they love. As in September, Keeneland worked to elevate the sales atmosphere with many little touches that we hope consignors and buyers really enjoyed, and that helped create a terrific environment to showcase the quality individuals that breeders and sellers brought to market. We are delighted with the enthusiastic response of buyers.”

Opening of Borders Comes In The Nick of Time…

Following an 18-month interruption owing to the coronavirus, the United States officially re-opened its borders to fully vaccinated international travelers Monday, Nov. 8, one day prior to the Fasig-Tipton November Sale and two days before the start of Keeneland November. The sales sheets bear out that the international buying bench contributed mightily to the overall sales performance at all price points.

On the heels of two landmark victories at the Breeders' Cup at Del Mar, Japanese interests were active at the top and middle levels of the market–as is their custom–with Masahiro Miki signing for three lots for $3,675,000, topped by the $2.3 million Pink Sands (Tapit) (hip 183). Katsumi Yoshida added New Jersey-bred Horologist (Gemologist) (hip 200) to his formidable broodmare band at Northern Farm, paying $800,000 for the MGSW and MGISP mare.

Keeneland November grad Gypsy Robin (Daaher, $750,000, 2013) became the dam of G1 A. J. Moir S. hero Wild Ruler (Aus) (Snitzel {Aus}) at Melbourne's Moonee Valley Racecourse late last month, the latest major success of American-sourced bloodstock Down Under. Looking for lightning to strike again–and hopefully again and again–that 4-year-old colt's part-owner Newgate Farm (Henry Field) teamed with SF Bloodstock on no fewer than five purchases, led by MGSW Tonalist's Shape (Tonalist) (hip 46). Australian horsemen Julian Blaxland, Will Johnson, Bruce Slade and Craig Rounsefell were prominent players, as were trainers Richard and Michael Freedman.

 

The sale's back books drew buyers from Central America, Russia, Saudi Arabia, South Korea and Turkey, a function of Keeneland's aggressive strategy to recruit buyers from these 'emerging' racing jurisdictions.

As with any sporting event, it's great to watch on TV and all, but nothing beats being there in person, said Keeneland Vice President of Sales Tony Lacy.

“The opening of the U.S. borders just two days before the sale really created an atmosphere and brought back a feeling of probably 10-15 years ago, when you had a really vibrant international market,” said Lacy. “The presence of the Australians was really welcomed, because American broodmares have been doing exceptionally well in their gene pool. It was great to see the Europeans coming back here and spending money again. The attraction of American pedigrees is starting to gain traction again. I think going forward there is real momentum and I think we've got a real good base to work off in the future.”

Added Keeneland Director of Sales Cormac Breathnach, “American bloodlines are so valuable around the world and are huge contributors to studbooks in various jurisdictions. We are privileged and fortunate to be able to present that market to the world here at Keeneland and with the support of all the breeders and consignors that send us such quality stock. The market has been very strong, the international participation is consistent and very valuable to us and it's exciting for us to be on this end of it.”

'Cool' Marketplace Fosters Confidence, Stability…

Another positive in Lacy's eyes is the re-emergence of buyers at the November Sale who had availed themselves of a break of as many as 15 years from the sales.

“I think what is really encouraging is that you're seeing some people that might have been inactive for a number of years [buying horses],” he offered. “I'll use Bill Casner as an example. Bill has been active, but at a slightly lower level. This year he came back and bought at a significant level. If you look at the results through Books 1 and 2, you see people who have purchased farms that were active and really doubling down, stocking up for their farms.”

And that helps to maintain a relatively even keel, according to Lacy.

“I think even if we have a correction in the market over the next few years, you won't have the same panic in the market because of the fact that this is real money that's being invested,” he said. “There's confidence. Prize money being up has really helped and the fact that we have partnerships that are buying racehorses has invigorated the yearling market. When you have a vibrant yearling market, the reaction is that people think 'alright, it's valuable to breed these horses' and to have a market to sustain it. That's extremely encouraging. I don't think the market is overheating in any way. If you look at the results from 2018-2019–eliminate the results from 2020–but look at 2021, you actually see a straight line. There's a very consistent line of growth. 2020 was a bit of anomaly, but last year was actually better than what we thought it might be. There was a demand for young stock and it's carried over here.”

Breathnach concurred.

“There's a lot of help in the industry, from the sporting end with high purses and handle has been very good and there is a lot of energy around the sport again,” he explained. “People made money in September and now they're reinvesting now with confidence, because like Tony said, it feels like a very fair, sound market and something that is sustainable, because there is a balance between supply and demand and there is a real appetite to buy and to fill orders and they're not getting them filled in many cases. They're getting pushed back in the books and now they're going to be back in January to try to fill their orders there.”

Following Through On A Vision…

In a TDN interview with Katie Petrunyak after being named to his new role earlier this year, Lacy said he was committed to enhancing the buying experience for the auction house's clientele, making it fun and exciting. With Keeneland's two biggest sales now in the rearview, it is clear Lacy very much intends on seeing that task through.

“We've been really focused on creating a little more energy, a little more excitement and a little more of an atmosphere around the grounds,” he said. “In September, we had to duct tape a lot of things together to make this work, starting in early summer. It's been well received. A lot of international and out-of-town customers have really enjoyed themselves and I think that's something we want to try to build on.

“It's a transactional business, but we also realize that there is a lot enjoyment in trying to source and buy quality stock,” he continued. “That's something we'll be focusing on more and more. We want make sure that people realize that when you invest here, it increases prize money, it allows us to do more development. We're also really excited about having the Breeders' Cup here next year. Next November is going to be a really exciting time and we're already planning for what we can do then.”

An ELiTE November Topper…

One might think that selling a horse for $3.1 million wouldn't necessarily elicit a significant reaction from ELiTE Sales' Brad Weisbord within the context of having consigned the likes of champions Monomoy Girl ($9.5 million) and Midnight Bisou ($5 million) and Uni (GB) ($4.1 million) on a single night a little more than a year ago. But Weisbord, who said has seen his baby daughter a grand total of 'one day in the last five weeks,' was still basking in the afterglow of the sale of Paris Lights nine days after she went through the ring at Keeneland November.

“It's been a great November,” said Weisbord. “It was a pleasant surprise to hear from Elliott Walden two weeks before the sale, saying that he was giving us Paris Lights to sell. We put our heads together and seeing all those headliners at Fasig-Tipton, we thought it was best to bring Paris Lights to Keeneland because she would have a chance to shine there. This was a case of being the last big fish in the sales ring and everybody lined up on her. To sell a $3-million mare, even in a healthy market, is a giant deal and we were very appreciative of the opportunity.”

Like so many others, Weisbord has been taken by the performance of the market over the last week and a half.

“This, for me, is the best market we've ever participated in,” he said. “I thought the same thing last year and this year is even better. The health of the worldwide economy is continuing to strengthen. We have probably never seen this strong a market at the upper end. We had five millionaires and there was very active bidding well above our reserves for all five of them.”

 

Taylor Made Tops Among Consignors…

There are a few constants in life: death, taxes and Taylor Made Sales topping the consignors' table at Keeneland November.

And so it was in 2021, as the agency sold 246 head for $23,873,200 to reign as king of that particular hill for the 25th time since 1990.

“We've got a great base of customers, many of whom have been with us for decades and continually give us good horses,” Taylor Made's Mark Taylor commented. “We've got a hell of a team. A lot of the people that work for us could run their own consignments, they know what they're doing. Us Taylors are just the conduits between the employees and the customer. We're very lucky. Thanksgiving is coming up, so we're very grateful.”

Given the strength of the year's previous auctions, Taylor said the overall results of the November sale were not totally unexpected, yet simultaneously a bit surprising.

“What was encouraging was that it was strong from start to finish and there was demand for horses at all levels. It was really good,” he said. “It exceeded my expectations in this way. I thought that our high six-figure and seven-figure horses, that we would be selling into a very healthy market. The middle market commercial breeders–what we have been seeing is signs of them shrinking down. Wherever they are in the market, they want to sell off and have higher quality. The cost of keeping them and raising them keeps going up and then also the veterinary scrutiny continues to get more intense.

“It's totally out of their control,” he added. “You're raising this animal that you're bringing to the market and there's so much intense vet scrutiny that a lot of the commercial breeders just can't stomach it. It's so hard to hit a home run, and even when you have a horse that's capable of it, sometimes it takes just one or two opinions and instead of hitting a home run, you're striking out. It's a hard business model because there is so much unpredictability in that way. I was pleasantly surprised that there was so much demand for those mares. I thought it was going to get really thin and really weak once we hit Book 3, but that was not the case. It's a testament to how much people love this game. That they're willing to reinvest and plow money back in.”

Ingordo: Buying Horses 'Was Not Easy'…

Noted bloodstock agent David Ingordo was one of many buyers who found the sledding to be pretty tough at the November sale. That being said, he wasn't complaining and also sees a bright future for the sport.

“On the heels of as good a September sale as I've ever seen and a yearling sales season that was phenomenal, quite frankly, it was expected that November would be a good market,” he said. “I'm usually a foal buyer, but I was not able to get anything bought in my price range and at my comfort level for what my needs were. We got outbid quite a bit, I thought the foal market was quite strong, and deservedly so. Pinhookers had a good year, end-users are buying more weanlings now than they ever have and there is just a lot of competition for good foals.

He continued, “On the mare side, again it goes back to good yearling sales. A lot of people are reinvesting in mares, making key acquisitions for broodmare bands, and that was difficult to do as well. On the value side of the broodmare market, there were a lot of people supporting their various sires and we saw a lot of mare competition and it was tough. We were able to buy horses that we wanted, but it was not an easy process.”

Ingordo signed 19 tickets to support new Lane's End stallion Code of Honor (Noble Mission {GB}) and another half-dozen in the name of Gage Hill II in partnership with Lane's End.

“Code of Honor is a very attractive horse and stands over a lot of ground,” he explained. “Physically we're thinking to add some strength and some body to the mares we breed to him. He won what is historically one of the best 2-year-old races at Saratoga and got beat a lip in the Champagne, so he has 2-year-old form. We're looking to try to make him a commercial horse and try to get some runners out there early. We bought some speedy types of physicals from sire lines we felt would bring additional precocity that he himself had. He's a wide-open horse to breed to pedigree-wise, so we were able to find a wide variety of mares that fit him. As is becoming our model, we are committed to supporting these horses with mares, we're going to buy yearlings and weanlings by him, we're going to buy 2-year-olds. And people that breed to him, we're going to support those that breed to the horse by buying horses off them as well.”

The sales are a means to an end and Ingordo is encouraged not only by the results of the past week-plus, but also by the state of the horse racing business.

“That winning post about a quarter-mile up from the pavilion and the winner's circle is what drives this,” he said, referring to the Keeneland finish line. “Racing is healthier than is sometimes reported, we seem to always focus on the negatives. I personally race horses and we make our racing stable work based on the prize money we can win. It covers the bills and hopefully we create a product that we can sell as a stallion or a broodmare or whatever. Purses are good and there is a demand I haven't seen for some time. It is quite refreshing to see just how many people want to race horses at whatever level they're able to do it. Even if you have a claiming horse, you can still make it make sense. That is something we need to focus on as a big positive and realize that is what is driving all this demand. Someone has to produce those horses, so the breeders are being rewarded for producing a nice horse, and whatever region they're in, people want to race.”

What They're Saying At The Sales…

“I think I'm like everyone else…OMG is the explanation for it. The strength of the market is mind-boggling, the strength of the stock market is mind-boggling. There's just so much money in the world right now and you combine that with the accelerated depreciation we're getting, purse money is up and overall gambling on racing continues to move forward. We've got as close to a perfect storm in the horse business probably since all that crazy money in the early 80s. It's as good as it's been since the turn of the century.

“The increase in the $10,000 to $60,000 horse, which was sometimes unsellable, there now seems to be a fervent market for those horses. I don't know where the money is coming from, but it's great for the industry.”

–Bradley Thoroughbreds' Peter Bradley

 

The post Something For Everyone As Keeneland November Wraps appeared first on TDN | Thoroughbred Daily News | Horse Racing News, Results and Video | Thoroughbred Breeding and Auctions.

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Trifecta Of Magical World, Shedaresthedevil, Swiss Skydiver Drive More Than $100 Million In Sales At Fasig-Tipton November

The Fasig-Tipton November Sale, marketed as the world's premier breeding stock event, proved worthy of the marquee Tuesday in Lexington, Ky. Fasig-Tipton's flagship breeding stock sale established a new record gross, selling more than $100 million in the single session for the first time in the sale's history, including 26 fillies and mares which sold for $1 million or more.

Grade 1 producer Magical World in foal to multiple leading sire Into Mischief topped the sale when sold for $5.2 million to Whisper Hill Farm and Three Chimneys Farm (video).

Hill 'n' Dale Sales Agency, agent, offered the 11-year-old daughter of Distorted Humor as Hip 203. Magical World has produced four winners from four to race, including multiple Grade 1 winning millionaire Guarana (Ghostzapper); Grade 2 placed stakes winner Magic Dance (More Than Ready); and current 3-year-old winner Beatbox (Pioneer of the Nile). Magical World is out of Breeders' Cup Distaff winner Pleasant Home, from the immediate family of champion Sky Beauty and Grade 1 winners Violence and Tale of Ekati. Magical World also has a yearling colt by Gun Runner and foaled a colt by Quality Road this year.

“[It was a] remarkable evening tonight,” said Fasig-Tipton president Boyd Browning. “We were so fortunate to have a tremendous group of horses… It was almost impossible to believe the quality of horses on the grounds.”

Record-setting Kentucky Oaks winner Shedaresthedevil topped the racing/broodmare prospects on offer, selling for $5 million to Whisper Hill Farm, Flurry Racing, and Qatar Racing from the consignment of Hunter Valley Farm, agent (video).

Offered as Hip 232, the four-year-old daughter of Daredevil ran the fastest Kentucky Oaks in history, going 9 furlongs in 1:48.28 while defeating champions Swiss Skydiver and Gamine and Grade 1 winner Speech. Shedaresthedevil's seven graded stakes victories also include this year's Grade La Troienne Stakes and G1 Clement L. Hirsch Stakes. To date, she has earned $2,331,458 under the tutelage of trainer Brad Cox and has won or placed in 15 of 17 career starts.

Eclipse champion Swiss Skydiver was the sale's top broodmare prospect, selling for $4.7 million to Katsumi Yoshida from the consignment of Runnymede Farm, agent (video).

Offered as Hip 246, the 4-year-old daughter of Daredevil won five graded stakes last year en route to champion 3-year-old filly honors, including a victory in the Preakness Stakes over Kentucky Derby winner and subsequent Horse of the Year Authentic. Swiss Skydiver captured the prestigious G1 Alabama Stakes at Saratoga last year at three and won this year's G1 Beholder Mile Stakes. She won or placed 12 of 16 career starts and earned $2,216,480 for owner Peter Callahan and trainer Kenny McPeek.

“Our friends from Japan have become a major component of this sale,” said Browning when asked about the high level of participation from Japanese buyers. “We live in a global world and we're fortunate that we have a global marketplace here.”

The sale's top weanling was Hip 107, a filly by Curlin out of Grade 1 winner Sippican Harbor, which sold for $750,000 to West Bloodstock, agent for Robert and Lawana Low from the consignment of Taylor Made Sales Agency, agent.

The chestnut filly is the second foal out of G1 Spinaway Stakes winner Sippican Harbor, from the immediate family of Group 1 winner Peter Davies. Hip 107 was bred in Kentucky by Lee Pokoik.

“We were supported by an unbelievable cross section of horses from an unbelievable cross section of consignors and owners,” added Browning. “That's what it's all about: it's the quality of horses that you have the opportunity to sell, and we were fortunate tonight to have an all-star cast of offers and support (from) a tremendous buying base from all over the world. I couldn't be any more pleased.”

Overall, 149 horses changed hands for a sale-record gross of $103,699,000, a 15.9 percent increase over the previous highwater mark, set in 2018 when 141 horses sold for $89,473,000.

The average rose 23.2 percent to $695,966 from $565,049 in 2020 and was good for second-highest average in sale history. The median was $300,000, up 50 percent from 2020 and good for third-highest median ever recorded at The November Sale. The RNA rate was 21.1 percent. Twenty-six fillies and mares sold for $1 million or more.

Results are available online.

The post Trifecta Of Magical World, Shedaresthedevil, Swiss Skydiver Drive More Than $100 Million In Sales At Fasig-Tipton November appeared first on Horse Racing News | Paulick Report.

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