Tag: keeneland january horses of all ages sale

Keeneland January Sale Stays Steady on Day Three

by Jessica Martini & Stefanie Grimm

LEXINGTON, KY – The Keeneland January Horses of All Ages Sale continued into its second half Wednesday in Lexington with a session which, while significantly smaller, produced results largely in line with its 2023 counterpart.

For the session, 196 horses sold for a gross of $4,352,900. The average of $22,209 was down 2.54% from last year's corresponding session, while the median of $10,000 was up 25%. From 316 catalogued horses, 242 horses were offered and 46 failed to meet their reserves for a buy-back rate of 19.01%.

During the third session of the 2023 auction, 246 horses sold for $5,605,700. The session average was $22,787 and the median was $8,000. The buy-back rate was 17.45%.

Marvelous Time (Distorted Humor), who sold just minutes into Wednesday's session, brought the day's top price when selling for $220,000 to Centofanti Thoroughbreds, as agent for Brittlyn Stables.

The session topper was one of 17 sold for $1,103,000 during what has become an annual offering of mares from Godolphin, making Sheikh Mohammed's operation the day's leading consignor.

A filly from the first crop of Yaupon brought the top price for a short yearling Wednesday when selling for $150,000 to Crestwood Farm.

Through three of four sessions, 626 horses have grossed $35,949,600 and the average of $57,427 is just 0.79% off the 2023 figure. The median of $22,000 is down 18.52%.

“I'm more than happy with the market,” said Hunter Valley's Adrian Regan. “I think there was a bit of doom and gloom from some people coming in that it was going to be tough going, but in fairness, it was pretty good. If you had the right foal and it vetted clean and everything, you got a lot of money for it. They sold very well. Overall, it was better than expected, I would say.”

A horse awaits a turn in the ring | Keeneland

Consignors agreed quality offerings continued to be in demand at Keeneland this week.

“Horses with quality are still fairly easy to sell,” said Brian Graves of Gainesway, which consigned the $1.6-million sale-topping Prank (Into Mischief) during Monday's first session of the auction. “And then anything that even hints at not being every bit of that is correcting. Anything that is not 100% quality or top shelf, it looks like it's correcting.”

Graves said he has also observed less activity than normal in the back ring.

“It seems like there is not a lot of back ring participants, so if you didn't have it done at the barn, you weren't going to get any help,” he said. “There weren't a ton of people standing around here just buying horses out of the back ring for anything significant.”

On the other side of the ledger, Graves has been active as a buyer in the pinhooking sphere where he admitted he was vying for that very quality, while also casting a wary eye on potential market conditions next fall.

“We focus on quality [when we buy],” Graves said. “That's what we focus on. It's a battle to get your hands on that and once you've gotten your hands on that, you have to worry a little bit wondering if these other signs that we are seeing are a hint of what is coming down the road.”

Meg Levy, whose Bluewater Sales sold the $650,000 Kaling (Practical Joke) Monday, said demand for quality lots significantly helped to drive up prices for those offerings.

“I feel like quality will out,” Levy said. “The buyers are willing to pay more for the perceived commercial quality, particularly in the yearlings, I have noticed. We had Kaling sell very well here, which we were pleased about. But it just seems like everybody is willing to pay up to a third more for what they perceive to be the right stuff. And the middle market is still suffering. It's very difficult.”

Levy speculated that some of the weakening in the foal market might be traced back to the vet reports.

“There is kind of a gap selling some of these yearlings where we are using the vet reports as a marketing tool to help the buyers,” she said. “But honestly, so many of them don't understand reports and they don't use a veterinarian, so that ends up hurting things.”

The Keeneland January sale concludes Thursday with a session beginning at 10 a.m.

Sikura, Dorman Team Up for Star Act

The Keeneland January sale got its third seven-figure horse when Hill 'n' Dale at Xalapa's John Sikura and Determined Stud's Matt Dorman partnered up to purchase Star Act (Street Cry {Ire}) (hip 144) for $1.2 million. The 13-year-old mare, dam of GI Breeders' Cup Juvenile Fillies winner Just F Y I (Justify), was originally led out unsold at $950,000 during the auction's first session Monday.

Star Act | Keeneland

“She is a class mare,” Dorman said Wednesday. “She's a Grade I producer. She has a phenomenal horse who is three-for-three and primed for next year. John Sikura has always been a great business partner. It just worked out as a good opportunity.”

Dorman said the mare, who is in foal to Life Is Good and was consigned by Hill 'n' Dale on behalf of George Krikorian, was on his radar Monday, but after Prank (Into Mischief) sold for $1.6 million earlier in the session, he assumed Star Act would be out of his price range.

“When I saw the horse go for $1.6 million, I thought she would be too much,” Dorman said. “I work with David Ingordo now. So Dave and I had a long conversation about the broodmare band and what we are doing. And after [Star Act] RNA'd, we decided that the horse made sense at this number. So we reached out to John and Donato [Lanni]. And we called back and forth and it evolved into John and I buying the horse. Donato and the owner have a long-standing relationship with John and respect John, so it worked out well.” @JessMartiniTDN

Marvelous Time Makes Trip Worthwhile for Centofanti

Bloodstock agent Raffaele Centofanti made the trip up from Ocala to find a specific mare for Evelyn Benoit's Brittlyn Stable and, mission accomplished, he was heading back south having purchased Marvelous Time (Distorted Humor) (hip 845) for $220,000 early in Wednesday's third session of the Keeneland January sale. Bred and consigned by Godolphin, the 4-year-old is a daughter of Grade I-placed Folk (Quiet American).

“We were looking for that Quiet American line,” Centofanti said of the mare's appeal. “They are hard to find. You can't find them usually that young–she's only four. It's such a great female line. To get her that young and with that broodmare sire, she checked all the boxes basically. She had everything physically, as well. She is 16.2, with a classy look and a great walk. She looks like a Distorted Humor, but she had the size. She had everything I liked physically.”

Marvelous Time | Keeneland

Marvelous Time made just one racetrack appearance, winning her debut at Presque Isle Downs in 2022 for trainer Mike Stidham. The bay mare is a half-sister to graded-placed Captivating Lass (A.P. Indy), who produced Grade I winner Atone (Into Mischief). She sold Wednesday in foal to Mystic Guide.

“I probably appraised her at a little less than that, but when I came and saw her, I thought we needed around $200,000 to buy her,” Centofanti said. “I think she was worth that.”

Marvelous Time will remain in Kentucky to foal and then will head south to Brittlyn Stable's Louisiana base to visit either Star Guitar or Clearly Now.

“We are debating where we will go with her,” Centofanti said. “We are trying to bring some quality back to Star and Clearly Now. We've been doing it the last two years and we've got some nice babies coming up.”

Centofanti said the plan has been to upgrade the Brittlyn broodmare band as mares get older and are rotated out. The results are showing up on the race track and in the sales ring.

“We've been selling the last three years,” he said. “We sold a couple of Star Guitars for six figures at Keeneland that went on to win big races–one won in Dubai a couple of weeks ago out of Charged Cotton (Dehere). And we have a Not This Time we will sell in September and she is beautiful.”

The Brittlyn-bred Manama Gold (Star Guitar), a Louisiana-bred out of Charged Cotton, sold for $100,000 at the 2022 Keeneland September sale and resold for $200,000 at the 2023 OBS April sale. The filly broke her maiden stylishly at Meydan Dec. 22 for Fawzi Abdulla Nass.

“We've been rotating between Kentucky and Louisiana sires,” Centofanti said. “[Benoit] loves racing and she loves Louisiana. And this way we can continue and we've had success doing that. Our horses are running and doing well.”

Marvelous Time was the only horse Centofanti bid on at Keeneland and he was ready to head back south.

“I have to go to Ocala,” he said. “I have a bunch of horses for her that we are breaking. So I've got to get back there.” @JessMartiniTDN

Yaupon Yearling to Crestwood Farm

Not long into the third session of the Keeneland January sale, Crestwood Farm and Robert Keck went to $150,000 for hip 926, a filly from the first crop of Yaupon.

“She had an amazing body, great bones and a standout pedigree for this session,” said Keck. “She'll be resold in September.”

Hip 926 | Keeneland

Spendthrift Farm's Yaupon has seen his yearlings sell well this week, all five sold going for over six figures, led by a $190,000 colt (hip 82) who sold Monday to Clarmont Bloodstock Club.

“Hopefully that sire is as hot as people are predicting,” Keck continued. “I knew that [Yaupons were selling well], but looked at her as an objective buyer. People don't pay enough attention sometimes to where a horse comes from and I liked that she was raised by Clarkland Farm, they raise a great horse.”

Bred and consigned by Clarkland Farm, the filly is a daughter of MSW Tiz Imaginary (Tizway), who was purchased by the farm for $180,000 out of the 2019 Keeneland November sale. This is the family of champion 2-year-old filly Flanders (Seeking the Gold) and her champion daughter Surfside (Seattle Slew). @SGrimmTDN

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$700,000 Sebago Lake Charges Keeneland January Tuesday

by Jessica Martini & Stefanie Grimm

LEXINGTON, KY – During a session dominated for much of the day by the short yearlings, the supplemented broodmare Sebago Lake (Tapit) jumped to the lead in the final hips when selling for $700,000 to Mandy Pope's Whisper Hill Farm. Overall, through two days of the four-day auction, 430 head have grossed $31,596,700 for an average of $73,481 and a median of $30,500. With continued strength at the top of the market, the Book 1 average dipped just 3.39% from a year ago, but the median is down 23.75%.

“It started off very healthy,” Keeneland's Vice President of Sales Tony Lacy said of Tuesday's session. “Through the day, there were some spots where it got a little slower, but it ended up really strong. Again, quality was to the fore. You saw some of those young mares, bred to some exciting new stallions were selling extremely well. Farms are reloading again. We saw the same pattern that we saw yesterday.”

The two-day buy-back rate is 27.97%. It was 26.92% a year ago.

Three short yearlings sold for $400,000 or over during Tuesday's session, with a colt by Not This Time and a filly by Candy Ride (Arg) sharing the day's top price of $430,000.

“Foals that were by the right stallions, had the right physicals, vetted, there was a very strong, competitive environment for them,” Lacy said. “There is a lot of confidence out there. Speaking to the sellers, they felt like it was a really good market. The buyers found it to be very competitive to try to buy the stock they were interested in. I don't think it's inflated at all, I don't think it's depressed in any way. I think it feels like a very healthy, fair environment. If you bring the right stock to market, you are going to get rewarded for it. Today was just a continuation of the momentum we saw yesterday.”

With 424 head catalogued for Tuesday's session, only 275 went through the ring.

“It's sort of a factor of the time of year we are in,” Keeneland's Director of Sales Operations Cormac Breathnach said of the large number of outs. “It's a time of year when weanlings-into-yearlings are changing a lot. They don't always vet the way people intend them to vet and they are happy to wait until September in some cases. We did have more outs than we were expecting. They kind of came in early, though, so going into yesterday, we already had a lot of outs, and more than we would have had last year, and we had a couple dozen more during the session.”

With close to 130 outs coming Monday evening, and not during Tuesday's session, Lacy said the scratches might not reflect a lack of interest from would-be buyers.

“A lot of people don't have to sell,” Lacy said. “If they have something they think is in sort of an awkward stage or if they are sitting on an update, if there is something active in the family potentially, they hit pause. That's the time of year we are in. People weren't scratching, necessarily, for lack of action. They were scratching a little earlier for various reasons. It didn't feel in any way that there was concern from sellers.”

Breathnach admitted the decrease in median during the January sale's two-session Book 1 could be a reflection of the polarization of the market.

“The average is fairly close [to the 2023 figure],” Breathnach said. “The median is down 20+% and that's what we watch. That maybe reflects some of the polarization in the market. The top of it is doing well, keeping the average up, but there is some selectivity in the middle to lower levels. It might reflect what brings a premium and what is tougher to sell.”

The Keeneland January sale continues through Thursday with sessions beginning daily at 10 a.m.

Sebago Lake a Late Highlight at Keeneland

Sebago Lake (Tapit) (hip 831), in foal to Justify, sparked a bidding battle late in Tuesday's second session of the Keeneland January sale when selling for $700,000 to the phone bid of Mandy Pope's Whisper Hill Farm.

Hip 831 in the ring | Keeneland

The 5-year-old mare, a half-sister to graded winner Family Way (Uncle Mo) and from the family of Caravaggio, was well beaten in a pair of racetrack appearances in September of 2021 for her co-breeder, Adam Bowden's Diamond Creek Farm.

Eaton Sales consigned the gray mare to the sale on behalf of Diamond Creek.

“She was probably one of the best mares in the sale, in my opinion,” said Eaton's Reiley McDonald. “She's a beautiful mare in foal to the right horse. She's by Tapit and looks like a Tapit. And I also think it helped that there is limited supply at the upper level.”

Sebago Lake, whose first foal is now a short yearling colt by Uncle Mo, was a supplemental entry to the auction.

“I think it was a late decision just to put her in,” McDonald said. “She was the real thing and that's why she sold well. They didn't pay too much and everybody came out of it with a win.” @JessMartiniTDN

Pugh Strikes for Not This Time Colt

Peter Pugh went to $430,000 to acquire a short yearling by Not This Time (hip 685) from the Warrendale Sales consignment Tuesday at Keeneland.

“All of the top people were on the horse coming up here,” said Warrendale's Hunter Simms. “He was very well received. We are honored to sell a horse like that and wish the connections the best of luck.”

Simms continued, “The horse was very straightforward. Good bone on him, very correct, walked well. He was a very nice horse.”

Bred by Petaluma Bloodstock, the bay colt is out of Dalsaros (Unbridled's Song), a daughter of Grade I winner Ask the Moon (Malibu Moon).

Bloodstock agent Kerri Radcliffe signed the ticket at $325,000 to acquire Dalsaros, in foal to City of Light, at the 2020 Keeneland November sale. The in utero City of Light colt went on to sell for $300,000 at the 2021 Fasig-Tipton November sale. The mare's Tiz the Law filly sold for $300,000 at last year's Keeneland September sale.

Of the colt's placement in the January sale, Simms explained, “There were a lot of foals in November and we figured he would stand out here. He is probably the second-highest priced foal that is going to sell at this sale, so we always try to concentrate on placement with horses and finding the right sale and finding the right book to put them in. Whether it's November, January, February, wherever, we try to find the right spot where they will stand out.”

Peter Pugh | Keeneland

After initial confusion about who had actually purchased the colt, who had already been led out of the ring, bidding was opened again and ended at $430,000 with Pugh, signing under the Cherry Knoll Farm banner, as the winning bidder.

“It's always confusing,” Simms said. “There are a lot of people in every doorway and every nook and cranny and trying to be secretive. And it happens. They opened it back up and we were able to get $430,000, which is a nice price for that horse. It all worked out in the end.” @JessMartiniTDN

Candy Ride Filly to Stewart

John Stewart, active at the top level at the auctions last fall, got back into action at Keeneland Tuesday, purchasing a short yearling by Candy Ride (Arg) (hip 497) for $430,000 under his operation's new name, Resolute Bloodstock. The filly was consigned by Stone Farm.

“She was absolutely stunning,” said Stewart's advisor Gavin O'Connor. “She had great size. She just ticked all the boxes for a Candy Ride, especially being a May foal. She was balanced with great conformation and she was squeaky clean. Just a high quality, classy filly. We will probably keep her and play the long game with her. She screams race horse. She is just a fabulous filly.”

The chestnut filly is out of Rags Pauline (Union Rags), a half-sister to graded winner Keen Pauline (Pulpit).

“She came up here and showed great,” said Stone Farm's Lynn Hancock. “She didn't turn a hair and was very popular. She has a great walk and moved well and showed well. I think she got all the right people on her.”

Rags Pauline, with the filly in utero, sold for $80,000 to Jack Hirsch at the 2022 Fasig-Tipton December Digital sale. The yearling was bred by Eclipse Thoroughbred Partners and Spearmaco.

“A client of ours bought her,” Hancock said of Rags Pauline. “I haven't spoken to them yet, but I assume they are happy. It's hard not to be happy with that result.”

Lynn Hancock | Keeneland

The 8-year-old broodmare was bred back to Army Mule last year.

Through two sessions of the four-day auction, Resolute Bloodstock has purchased seven horses for $905,000. In addition to hip 497, the operation acquired stakes-placed 4-year-old filly Smokie Eyes (Nyquist) (hip 134) for $140,000 and Indian Mound (Medaglia d'Oro) (hip 768) for $250,000.

O'Connor said the move of horses into Stewart's new farm in Midway was well under way.

“So far, so good,” he said. “We are over there now. Some of the big girls are over there–[newly acquired broodmares] Puca, Pizza Bianca, and Lenni Girl–and we have a few more coming there this week. We have eight babies over there as well. So we are slowly transitioning the stock from where they are at the moment and getting established.” @JessMartiniTDN

O'Callaghan Goes to $400,000 for Justify Colt

A strong opening bid of $275,000 from the back wasn't enough to scare off P B Bloodstock and Jenny O'Callaghan, who went to $400,000 to purchase Hip 594, the only yearling son of Justify in the sale.

“He's a beautiful horse from the first time we saw him at the barn,” said O'Callaghan. “We knew we had to have him–he was our star horse for the day.”

Hip 594 | Keeneland

The colt, bred in Kentucky by Justice Stables, is a half to GSP Conquest Babayaga (Uncle Mo) and to SP Sorrentina Lemon (Lemon Drop Kid) and out of a half-sister to Canadian champion 2-year-old filly Neligee (Northern Afleet).

“He's by Justify who is an exceptional stallion on turf, dirt, with colts and fillies. We're hoping there will be a big market for him next year. That's the most expensive horse that we bought but we have full confidence in the stallion and he's just a natural horse that possesses so much natural athletic ability. We'll bring him back [to Keeneland] again as a yearling next year.” @SGrimmTDN

Music Street Brings $210,000 Off Falls City Second

Music Street (Street Sense) (hip 449) brought a final bid of $210,000 from Blanco Bloodstock early in the session Tuesday at the Keeneland January Horses of all Ages Sale, capping a racing career for Kim Valerio who initially bought the mare as a yearling at Keeneland in 2020. Campaigned for Valerio along with partners Prakash Sham Masand and Grandview Equine, Music Street finished her career with a second to Xigera (Nyquist) in the GIII Falls City S. at Churchill Downs Nov. 23.

“I love Street Sense and I love [second dam] Xtra Heat,” said Valerio on buying the filly as a yearling. “And she's so pretty. She's such a sweetheart. It's bittersweet really, I didn't want to sell her but I had partners and she's turning five. But I just love her and I'm super happy with where she's going. They take great care of their mares.”

After earning over $295,000 on the track, Music Street sold as a broodmare prospect only to Blanco Bloodstock Tuesday. @SGrimmTDN

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Million-Dollar Mares Pace Keeneland January Opener

by Jessica Martini & Stefanie Grimm

LEXINGTON, KY – The Keeneland January Horses of All Ages Sale, which hadn't had a million-dollar mare since 2019, had two reach seven figures during its opening session Monday in Lexington, with 19-year-old Tom Wachman making the day's highest bid of $1.6-million to acquire the broodmare prospect Prank (Into Mischief) on behalf of his grandfather, John Magnier's Coolmore. Late in the session, Tomoyuki Nakamura of K I Farm purchased Curlin's Voyage (Curlin) for $1 million.

“I think we've got to be very happy with the way the session turned out,” Keeneland's Vice President of Sales Tony Lacy said Monday evening. “We had two million-dollar plus horses, which is the first time since 2019. The numbers were pretty much on par for much of the day compared to last year and last year was a very strong sale.”

A total of 225 horses sold Monday for $17,547,500 for an average of $77,989 and a median of $32,000. Bolstered by the two million-dollar mares, the session average was up 7.43% from a year ago, while the median declined 20%.

With 97 horses reported not sold, the buy-back rate was 30.12%. It was 31.29% a year ago.

Bloodstock agent Steve Young, accompanied by Ramona Bass, was the session's leading buyer with three mares purchased to support Bass's recently retired Grade I-winning sire Annapolis. The session featured a diverse buying bench with the 16 top-priced horses selling to 14 different buyers.

Cormac Breathnach and Tony Lacy on Monday | Keeneland

“I was really pleased with the depth of the buyer bench here,” said Keeneland's Director of Sales Operations Cormac Breathnach. “There were a lot of people signing tickets in the ring and a lot of important buyers from America and also from around the world.”

Demand for short yearlings, a segment of the market which was competitive at the Keeneland November Breeding Stock Sale two months ago, remained strong Monday in Lexington. Hill 'n' Dale at Xalapa, the session's leading consignor, sold the day's two top-priced yearlings, with a colt by Curlin selling to Milan Bloodstock for $375,000 and a son of Maclean's Music selling for $300,000 to Muir Hut Stables.

“The demand for yearlings was strong,” Breathnach said. “We sold 22 six-figure yearlings today versus 17 for the same day last year.”

Still there was a familiar polarization in the market.

“The market is very, very selective right now,” said Hill 'n' Dale manager Jared Burdine. “There are no end-users for the weanlings and pinhookers are very professional. They line up on the same horse.”

Lacy acknowledged the selectivity in the market, but also saw some positivity in Monday's results.

“Quality was very much to the fore,” Lacy said. “I think there was a little weakness on the ones of perceived lesser quality. But in saying that, I think the sellers were very pleased the way the market was shaking out and the buyers found it tough to buy what they were looking for. So, all in all, a good day.”

The Keeneland January sale continues through Thursday with sessions beginning daily at 10 a.m.

$1.6M Prank Kickstarts January Sale

Prank (Into Mischief) (hip 77), never able to follow up on a scintillating debut victory on the racetrack due to injury, had a star turn in the sales ring at Keeneland Monday, selling for $1.6 million to Coolmore. The 4-year-old was consigned by Gainesway, which campaigned her in partnership with LNJ Foxwoods and StarLadies Racing to that 9 3/4-length victory which earned her 'TDN Rising Star' honors at Saratoga in 2022.

“She's a lovely filly and a very good race filly,” said Tom Wachman after signing the ticket on the bay filly on behalf of the Coolmore team. “I'd say she will go to Justify. He's a phenomenal stallion doing it on the grass and the dirt. So I'd say that's where she'd go.”

Wachman, the 19-year-old grandson of Coolmore founder John Magnier, said this was the highest-priced horse he has signed for to date.

“I'm just trying to learn the ropes at the moment,” he said.

Out of Callingmissbrown (Pulpit), Prank is a half-sister to GI Belmont S. winner Mo Donegal (Uncle Mo). Bred by Ashview Farm and Colts Neck Stables, she was purchased for $500,000 at the 2021 Keeneland September sale.

“She was a real talent,” Gainesway's Brian Graves said of Prank. “She broke her maiden by 10 at Saratoga when she won by the length of the stretch basically. She got injured and wasn't able to make it back. But she had that brilliance that people want, the type that if you pass that along to your foals, they can be Grade I winners. We certainly thought she had the ability to be a Grade I winner. On the day she broke her maiden, you would have said she was the best 2-year-old in America, colts or fillies. Her figures were among the fastest in six years in Saratoga. And those horses were Grade I winners, so the ability was there.”

Prank's last recorded works came in August and her presence in the January sale was largely an issue of timing, according to Graves.

“We were going on with her and she developed a little issue,” Graves said. “And it was obvious that we weren't going to be able to continue on and it was time for her to be a broodmare and dissolve the partnership. So she landed here.”

Graves admitted the filly's $1.6-million price tag exceeded expectations.

“The young and beautiful have been selling well,” Graves said. “It's been holding up and we thought she would be in the top end, but that was a bit more than we were expecting.”

Prank was the first seven-figure horse sold at Keeneland January since Abel Tasman (Quality Road) sold–also to Coolmore–for $5 million in 2019. @JessMartiniTDN

Curlin's Voyage Brings $1 Million

Canadian champion Curlin's Voyage (Curlin) (hip 413) became the second seven-figure offering of Monday's first session of the Keeneland January sale when bringing a final bid of $1 million from Tomoyuki Nakamura of K I Farm. The 7-year-old mare, who was supplemented to the auction, sold in foal to Flightline from the Hill 'n' Dale at Xalapa consignment.

“I liked the pedigree, the physical and who she was in foal to,” Nakamura said through an interpreter. “Everything matched up. I liked everything about her.”

Curlin's Voyage, who produced a filly by Tapit in 2022 and a filly by Uncle Mo in 2023, was bred by John Sikura's Hill 'n' Dale.  Racing for the partnership of Sikura and Windsor Boys Racing, the chestnut won the 2019 GIII Mazarine S. and 2020 Woodbine Oaks. She was named Canada's champion 2-year-old filly in 2019 and came back to be named champion 3-year-old filly in 2020.

The mare is out of Atlantic Voyage (Stormy Atlantic), a full-sister to Grade I winner Stormello.

Asked about his plans for the mare, Nakamura said, “I haven't decided yet. Still in the decision-making process.”

Annapolis Date for Bridlewood Cat

Bloodstock agent Steve Young, sitting alongside Ramona Bass, signed the ticket at $750,000 to acquire Bridlewood Cat (Street Sense) (hip 267). The 8-year-old mare, in foal to Tapit, was consigned by Denali Stud, as agent for Bridlewood Farm. She now has an impending date with the Bass family's recently retired Grade I winner Annapolis (War Front).

“She was bought for the Bass family with the intention to give Annapolis the best mare support he could possibly get,” Young said. “She is a terrific, talented horse who won her first two races with mid-90s Beyers. She had Grade I talent and is a very good-looking horse on her own. She is probably one of the fastest Street Sense fillies that there ever was, breaking her maiden going three-quarters in :09 and change and she is the type of mare that the family is going to support this horse with.”

Purchased by Bridlewood Farm for $750,000 at the 2017 Keeneland September sale, Bridlewood Cat was stakes-placed while winning two of 10 starts for earnings of $115,090.

She is out of Ithinkisawapudycat (Bluegrass Cat) and is a half-sister to GI Spinaway S. winner Sweet Loretta (Tapit). Ithinkisawapudycat is a half-sister to Canadian champion 2-year-old filly Spring in the Air (Spring At Last).

“She is from a highly talented 2-year-old family,” Young said. “Her half-sister is a Grade I winner on the dirt at Saratoga as a 2-year-old. Under the second dam is the 2-year-old champion of Canada. And we are going to breed her to an undefeated 2-year-old stakes winner in Annapolis.”

Steve Young | Keeneland

Bred and campaigned by the Bass family, Annapolis earned his first graded victory as a juvenile, winning the 2021 GII Pilgrim S. In 2022, he added the GI Coolmore Turf Mile and GIII Saranac S. He will begin his stud career next month at Claiborne Farm at a fee of $12,500.

“He is going to throw a lot of quality 2-year-olds,” Young said of the stallion. “He's going to throw dirt. We never got a chance to run him on the dirt, but he always trained tremendous on the dirt. This is the type of mare he deserves.”

Young signed for My Miss Sophia (Unbridled's Song), with Annapolis in utero, on behalf of Bass for $4 million at the 2018 Keeneland November sale.

Bridlewood Cat produced a colt by Authentic in 2022 and a colt by Essential Quality in 2023.

Young and Bass returned later in the session to acquire Kaling (Practical Joke) (hip 387), third in 2022 GI Spinaway S., for $650,000 from the Bluewater Sales consignment and closed out the opening session of the auction with Juniper's Moon (Galileo {Ire}) (hip 419), purchased for $625,000 from Taylor Made Sales Agency. @JessMartiniTDN

Hill 'n' Dale Consigns Pair of Top-Priced Colts

Hip 236, a son of Curlin out of 'TDN Rising Star' A Z Warrior (Bernardini), went to Milan Bloodstock on a final bid via phone of $370,000 during Monday's first session of the Keeneland January sale. The colt was the second of two top-priced short yearlings to sell within a matter of minutes consigned by John Sikura's Hill 'n' Dale at Xalapa.

“Curlin sets records year after year,” said Jared Burdine, general manager at Hill 'n' Dale. “This foal fit everyone's criteria. All of them [buyers] want kind of the same thing and the same five or six people were on the horse. So when it lines up, you get paid on those.”

Hip 236 | Keeneland

Hip 236 hails from a family of 'TDN Rising Stars' including not only his dam but also three of his dam's half-siblings in Jojo Warrior (Pioneerof the Nile), herself the dam of another 'Rising Star' in Under Oath (Speightstown), along with E Z Warrior (Exploit) and J Z Warrior (Harlan's Holiday). He is also a half to last year's Runhappy Ellis Park Debutante S. winner Justa Warrior (Justify).

The yearling was bred by Cypress Creek Equine, which purchased A Z Warrior in foal to Uncle Mo for $550,000 at the 2021 Keeneland January sale.

Just a few minutes earlier, Muir Hut Stables went to $300,000 for hip 200, an Ontario-bred short yearling by Maclean's Music. Bred by Josham Farm's Ted Burnett, the colt is out of Wild N Ready (More Than Ready), a mare purchased by Josham Farm for $170,000 out of Keeneland November in 2017.

“We thought he'd in the 100 range,” said Burnett. “He had a few minor vet issues that I thought might hurt him but, if you've got the right horse and the issue is not a big one, I don't think it makes much difference [in the price],” said Burnett. “We have a very strong program in Ontario. So we always find that Ontario-breds have a special market and often we feel that we get a little bit of a premium because of that.”

Burnett sold Wild N Ready two months ago at Keeneland November for $60,000 carrying a full-sibling to this colt. @SGrimmTDN

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Bidding Back in 2024: Keeneland January Sale Starts Monday

The Keeneland January Horses of All Ages Sale begins Monday in Lexington and continues through Thursday with sessions beginning daily at 10 a.m. Following on the heels of an apparently softening market at the Keeneland November Breeding Stock Sale two months ago, consignors expect to see that all-too familiar polarization continue at the first auction of 2024.

“If you take a nice physical over there–the same as in November–it will stand out and should bring plenty of money,” said Hunter Simms of Warrendale Sales. “I think last year was a good year overall and I don't see any reason why that shouldn't lead to good demand in January.”

Reflecting on the November market, Simms said, “Judging from what we had and looking at the prices of what sold, the higher quality stuff brought very, very good money. The horses that people could fault, whether it was in produce records or older mares with a late cover date, maybe she has had four or five foals and there was no black-type, or if you had a foal and there were maybe some conformational faults or the sire didn't hit with 2-year-olds right off the bat necessarily, those were more of an uphill battle to get sold. It seemed like buyers were a little bit more reluctant to spend big money on those kinds of horses.”

Simms continued, “All of last year, the upper end of the market was very strong, but it was that middle to lower end where it was tough to get a lot of movement on horses, to get multiple buyers. I think that trend will continue. We've seen that trend for a few years now. It all reverts back to, if you have the physical, the right sire, and all of the pieces, your outcome should be good.”

The overall economy may offer a bright spot heading into the four-day January sale, according to Simms.

“I know interest rates are starting to creep down off that seven or eight percent,” he said. “Hopefully that will get some new people into the game that might want to start buying.”

Zach Madden of Buckland Sales agreed the January sale will continue the trend of polarized strength at the top and a weakening in lower strata of the market.

“I think it's going to be the same song and dance,” Madden said. “The stuff that is of quality is going to be very well received and I think foals that vet and walk well and have the pedigree and all of that will be hopefully strong. I think that we are just going to continue to see the same polarization of stuff that people really, really want and they go after and they pay top dollar for and then the sort older or “exposed” mares that just don't have much going for them or are in foal to a stallion that isn't making a lot of noise right now–man, that was really tough there in November and, candidly, I expect that to be worse next week. But I still think the top quality is going to bring a bunch of money and the stuff that is perceived to not be that will be a little softer.”

The 2023 November sale ended with figures down from the auction's strong 2022 renewal causing some jitters from consignors, but Madden saw reasons for optimism, particularly in the foal market.

“I know a lot of people were kind of doom and gloom over the market in general, but stepping out of the middle to top-end type of foal, they were bringing really good money,” Madden said. “I think there was an over saturation of buyers and not enough quality offerings. Why that is? I have no idea. But as people got their sea legs into books three and four, buyers who were looking at that $100,000 and down foal, I felt like that was really competitive. And I think a lot of people didn't fill their orders, so I do think that will be strong.”

Madden continued, “I sort of think that 'sky is falling' mentality overshadowed the, 'Hey, the foal market is pretty good.' It's obviously one sector of the whole market, but everybody wants to talk about how bad stuff is, and at the end of the day, I still feel like that quality and the foal market are going to be two strong things, hopefully, leading into next week.”

In all, 962 head grossed $45,408,300 through the ring last year for an average of $47,202 and a median of $19,000.

Ancient Peace (War Front), a supplement after breaking her maiden just weeks before, brought the 2023 January auction's top price when selling for $650,000.

The most recent supplements to this year's January catalogue include Sophia Mia (Pioneerof the Nile), whose first foal Speed Boat Beach (Bayern) captured the Dec. 26 GI Malibu S., and who sells in foal to Not This Time; and the 5-year-old mare Angel Nadeshiko (Carpe Diem), who won the Dec. 30 GIII Robert J Frankel S.

The final 10 supplements announced last week bring the total January catalogue to 1,477 horses.

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