PR Special Keeneland November: A Foundation Sire Line In Jeopardy

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The focus of the bloodstock community shifts across town for the Keeneland November Breeding Stock Sale, and the Paulick Report has the reading material you need for the day in the PR Special.

Today's issue, like every edition of the PR Special, offers exclusive, detailed bloodstock content not yet seen on the rest of the website in a pdf format that's easy to read and print.

With the recent pensioning of champion and leading sire Tiznow, bloodstock editor Joe Nevills assesses the state of the foundation Godolphin Arabian sire line – one that runs through the great Man o' War – which is left without a clear heir in North America.

Spendthrift Farm's Coal Front is the subject of this issue's Stallion Spotlight, with Mark Toothaker explaining what makes the globetrotting son of Stay Thirsty an appealing prospect for breeders. In a time when major catalog updates can be found throughout the sale catalog, Bryce Burton of Muirfield Insurance discusses when and how to change a horse's insured value in Ask Your Insurer. Then, Nevills takes a look at the new weanling sires in the Keeneland November sale in First-Crop Sire Watch.

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Thanks as always to the sponsors of the PR Special. Your support is invaluable to the functioning of our publication.

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The Week in Review: Quintessential ‘American Way’ on Display at Breeders’ Cup

Nearly two decades apart, we’ve witnessed a Breeders’ Cup in the aftermath of a devastating terrorism attack, which led to armed marksmen defending the rooftop of the host track, and now during a global pandemic, which necessitated the barring of the general public from the two-day event and kept the relatively few essential attendees masked and socially distanced from one another.

Unlike 2001, this year’s championships produced no singular “Tiznow wins it for America!” moment to buoy the spirit of a nation in crisis. But the crescendo of Authentic (Into Mischief)’s GI Classic win was dramatically satisfying in its own right, and the subplots of the supporting races unfolded with enough twists of interest to spur decent day-after debate while providing more than a few intriguing horses to look forward to in 2021.

Not everything went perfectly–we’ll get to that momentarily. But with COVID-19 adversely tilting the balance of everyday life right now, the industry can breathe a collective sigh of relief that the Triple Crown races and the Breeders’ Cup are safely in the books and not too badly banged up considering the outsized doses of disruption and havoc that 2020 imposed upon our economy and the sporting landscape.

Yes, big-event betting handles have been down, overnight purses nationwide have taken hits, and the auctions are in flux. But things could be far worse for Thoroughbred racing considering everything that’s happened over the past 10 months. Viewed through the prism of realistic expectations, this year’s Breeders’ Cup rates a thumbs up based on perseverance and competitiveness alone.

You can take your pick among the dueling storylines percolating to the surface in the aftermath of this year’s event. The pandemic itself even provided a few in microcosm: Three of the Grade I races (Turf, Mile, Filly and Mare Turf) were won by jockeys picking up those mounts only because the first-call riders tested positive for COVID-19.

But the “old-fashioned American dirt horse dominance” theme has to rank near the top of Breeders’ Cup topics that will resonate. The trend is notable because it’s part of an intentional shifting of the arc.

When Keeneland switched from a main synthetic surface back to a traditional dirt track in 2014 after an eight-year experiment with Polytrack, one of its stated intentions was to “be more competitive in attracting the top horses and Triple Crown and Breeders’ Cup contenders and in hosting major racing events.”

It’s now six years into that dirt rebirth and Keeneland has hosted two Breeders’ Cups. The first, in 2015, was capped by Triple Crown winner American Pharoah engineering an unprecedented “Grand Slam” by trouncing the field at every call in the Classic. On Saturday, we saw Authentic, this year’s wire-to-wire GI Kentucky Derby winner, step up against older foes and unleash yet another front-running tour de force that catapulted him 2 1/4 lengths clear of a deep field of Classic contenders.

Those speed-centric accomplishments are already (in American Pharoah’s case) and will eventually be (for Authentic) having an impact on the bloodstock marketplace, underscoring how one major racing venue (and sales company)’s decision to switch surfaces can produce wider downstream effects in a relatively short period of time.

“The American dirt horse is tough, strong, and fast,” colleague Sid Fernando wrote in a 2019 TDN column. “He’s an athlete. He’s a combination of speed and stamina, bred to race on an unforgivingly hard surface, bred to race at two, bred to break quickly from the gate, bred to run hard early, bred to withstand pressure late.”

That pretty much sums up Authentic in 2020, doesn’t it? Or, for that matter, the Breeders’ Cup performances of Knicks Go (Paynter), the newly explosive wire-to-wire winner of the GI Dirt Mile, and pedal-to-the-metal phenom Gamine (Into Mischief), who conceded the early lead but stalked menacingly before pouncing in the stretch of her 6 1/4-length romp in the GI Filly and Mare Sprint. All three winners were credited with track-record times, providing future fodder to bolster the sales catalogue pages of their offspring.

Records made to be broken?

We’ve all heard the old saying that records are made to be broken. But the two-day Breeders’ Cup meet at Keeneland took that concept to the extreme. Counting the undercard races, dirt-track records were smashed at 6, 6 1/2, 7, 8 and 10 furlongs. Had Monomoy Girl (Tapizar) run just a tenth of a second faster in winning the GI Distaff, she would have eclipsed the 9-furlong mark. For good measure, the rarely contested 1 3/16 miles turf record also fell.

Keeneland’s main-track records have to be taken with a figurative grain of salt (or grain of dirt in this case). The track has not only changed in composition several times, but its configuration has been altered since 2006, making comparisons to previous dirt-era records impossible. The current dirt records pertain only to races from the autumn of 2014 onward, and the first Breeders’ Cup at Keeneland also established five then-records, largely because so few dirt races were available for comparison at that time.

Complicating matters additionally on Saturday, Keeneland’s teletimer was inadvertently tripped prior to the start of the Classic. So Authentic’s track-record time of 1:59.19 for 1 1/4 miles in a $6-million championship race had to be determined by timing it off a video replay, which is neither ideal nor the industry standard. As of this writing, no fractional splits have been added to the official Equibase chart.

So what about the other cliché we’ve all heard, that time only matters when you’re in jail? Maybe it’s more important to assess how the Breeders’ Cup winners ran rather than how fast.

The B-word (bias) is never far from discussion on big race days or championship weekends, although it’s evolved considerably since the era when dirt tracks were widely believed to be souped up (and in some cases actually were) for major events.

The raw numbers tell us that Keeneland carded 14 main-track races over Friday and Saturday. Five of them were won wire-to-wire. Five were won by forwardly placed horses not too far off the lead. Four were won by off-the-pace closers.

By that calculation, speed-centric horses accounted for 10 of 14 wins. But six of those winners were favored, and most likely would have been well-backed regardless of how the track was perceived to be playing. Perhaps more impactful is the argument that ties into the point above about the defining quality of American dirt racers in general: If speed is more or less the “universal bias” on this continent, no one should be surprised when races slant that way.

If you drill down further and cull from those Keeneland results two “outlier” races that were won by closers–the marathon 1 5/8 miles race on Friday that started from a backstretch chute and the second race on Saturday whose complexion was marred by a spill at the front of the pack turning for home–that leaves only two horses over the weekend who legitimately closed into the teeth of the prevailing trend: Essential Quality (Tapit) rallied from well back to win the GI Juvenile (aided by the fastest opening half-mile split in that race since 2003), and fan favorite Whitmore (Pleasantly Perfect), who upset the GI Sprint under a deft rail-skimming ride after being buried in the back for most of his trip.

Lasix: Don’t let the door hit you on the way out

There is one other over-arching aspect of the 2020 Breeders’ Cup that is worth mentioning: This was the first year of the planned phasing-out of Lasix for the World Championships. Earlier this year, most major American racing jurisdictions prohibited the 2-year-old use of the controversial anti-bleeding medication on race day, and all five of the races for juveniles on Friday were mandated Lasix-free.

Those 2-year-old fields were robust, diversely matched, and for the most part formful. It was also heartening to hear a respected trainer like Ken McPeek say earlier in the week that not having one of his Juvenile entrants on Lasix was a reason he felt confident about running the young colt back with only 12 days between starts.

But Saturday was a different story because the older Breeders’ Cup horses were allowed Lasix. After getting blanked on Friday, European-based trainees swept all four of the second-day grass championships–and every single one was captured by a first-time-Lasix (FTL) user.

Glass Slippers (GB) (Dream Ahead), the only FTL entrant in the GI Turf Sprint, won by a half-length at 10-1.

Audarya (Fr) (Wootton Bassett {GB}), the FTL course-record victress in the Filly and Mare Turf, won by a neck at 17-1.

The GI Mile trifecta (73-1, 11-1,18-1) was keyed by FTL Order of Australia (Ire) (Australia {GB}), with the other two placings rounded out by another European going back on Lasix for only the second time in his life and yet another FTL entrant.

The GI Turf exacta was comprised of the FTL filly Tarnawa (Ire) (Shamardal) besting Magical (Ire) (Galileo {Ire}), whose only other lifetime Lasix start was when she ran second in the 2018 version of the Turf.

Lasix is on schedule to be completely phased out for all Breeders’ Cup stakes in 2021.

The irony can’t be understated: America is attempting to follow a European-styled model of prohibiting race-day medications. Yet the rules that were in place for this year’s Breeders’ Cup allowed for the European shippers to maximize the use of Lasix to their advantage.

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Odds And Ends: Cox Second Trainer To Win Four Cup Races, Quartet Of Jockeys, Trainers Have Breakthrough Wins

Brad Cox became the second trainer in the 37-year history of the Breeders' Cup World Championships to train four winners during a single Championships, matching the feat of Richard Mandella in 2003 at Santa Anita.

Cox won the final two races on Future Stars Friday with Aunt Pearl (IRE) in the Juvenile Fillies Turf (G1) and the TVG Juvenile presented by Thoroughbred Aftercare Alliance (G1) with Essential Quality.

On Saturday, he sent out Knicks Go, who shattered the track record in the Big Ass Fans Dirt Mile (G1), and Monomoy Girl to her second victory in the Longines Distaff (G1).

In 2003, Mandella saddled four Breeders' Cup winners under the single-day format of the Championships conducted from 1984-2006.

Authentic Becomes Sixth Kentucky Derby Winner to Take Classic 
Authentic became the sixth Kentucky Derby winner to capture the Longines Breeders' Cup Classic (G1) and fourth to do it in the same year. The other 3-year-olds to win the Classic are Sunday Silence (1989), Unbridled (1990) and American Pharoah (2015). Ferdinand, the 1986 Derby winner, and Alysheba, the 1987 Kentucky Derby winner, both came back the following year to win the Classic as 4-year-olds.                               

Irad Ortiz Jr. Wins Third Consecutive Bill Shoemaker Award
Irad Ortiz Jr., who rode two winners and added a second- and third-place finish, won the 18th annual Bill Shoemaker Award, given to the most outstanding jockey in the 2020 Breeders' Cup World Championships hosted by Keeneland.

Ortiz's victories came on Golden Pal (Juvenile Turf Sprint-G2) and Whitmore (Sprint-G1). He finished second on Improbable in the Classic (G1) and third on Sharp Samurai in the Big Ass Fans Dirt Mile (G1).

Joel Rosario, Florent Geroux, John Velazquez and Pierre-Charles Boudot also rode two winners.

Rosario, who rode three winners in 2018 at Churchill Downs and two last year at Santa Anita, got his 2020 victories on Vequist (Juvenile Fillies-G1) and Knicks Go (Big Ass Fans Dirt Mile-G1)

Geroux's two victories came on Aunt Pearl (IRE) (Juvenile Fillies Turf-G1) and Monomoy Girl (Longines Distaff-G1). Velasquez won the Longines Classic (G1) on Authentic and the Filly & Mare Sprint (G1) on Gamine. Boudot picked up his first two Breeders' Cup victories on Audarya (FR) in the Maker's Mark Filly & Mare Turf (G1) and the FanDuel Mile presented by PDJF (G1) on Order of Australia (IRE).

Four Jockeys Claim Initial Breeders' Cup Victories 
Four riders posted their first Breeders' Cup victories over the weekend.

Pierre-Charles Boudot, who was riding in his third Breeders' Cup, picked up his first two Breeders' Cup victories on Audarya (FR) in the Maker's Mark Filly & Mare Turf (G1) and the FanDuel Mile presented by PDJF (G1) on Order of Australia (IRE).

Luis Saez, riding in his seventh World Championships, won the TVG Juvenile presented by Thoroughbred Aftercare Alliance (G1) on Essential Quality.

Tom Eaves, riding in his first Breeders' Cup, won the Turf Sprint (G1) on Glass Slippers (GB).

Colin Keane, also riding in his first Breeders' Cup, won the Longines Turf (G1) on Tarnawa (IRE).

Weld, Three Other Trainers Post Initial Breeders' Cup Victories
Dermot Weld, who saddled his first two Breeders' Cup starters in 1985, broke through Saturday with his first victory in the World Championships when Tarnawa (IRE) won the Longines Turf (G1). Tarnawa represented Weld's 17th Breeders' Cup starter.  james fan

Also picking up their initial victories were Ron Moquett, Kevin Ryan and James Fanshawe.

Moquett won the Sprint (G1) with Whitmore who was running in the Sprint for the fourth consecutive year. Moquett, who saddled his first Breeders' Cup runner in 1999, has started two other horses besides Whitmore.

Ryan, who won the Turf Sprint (G1) with Glass Slippers (GB), had had only one previous Breeders' Cup starter with East (GB), who had finished second in the Juvenile Fillies Turf (G1) at Churchill Downs in 2018.

Fanshawe won with his first Breeders' Cup starter, Audarya (FR) in the Maker's Mark Filly & Mare Turf (G1).

Five Favorites Won Over the Weekend 
Five favorites delivered victories from the 14 Championship races during the 2020 Breeders' Cup at Keeneland with three more finishing second.

The winning favorites were Golden Pal (Juvenile Turf Sprint-G2), Aunt Pearl (IRE) (Juvenile Fillies Turf-G1), Gamine (Filly & Mare Sprint-G1), Knicks Go (Big Ass Fans Dirt Mile-G1) and Monomoy Girl (Longines Distaff-G1).

The highest price winner of the weekend was Order of Australia (IRE) in the FanDuel Mile presented by PDJF (G1) with a $148.40 win mutuel on a $2 bet.

Kentucky and European-Based Runners Dominate at Keeneland 
There were 14 World Championship races this weekend at Keeneland and Kentucky-based runners accounted for victories in half of them.

The Kentucky-based winners were Golden Pal (Juvenile Turf Sprint-G2), Fire At Will (Juvenile Turf presented by Coolmore America-G1), Aunt Pearl (IRE) (Juvenile Fillies Turf-G1), Essential Quality (TVG Juvenile presented by Thoroughbred Aftercare Alliance-G1), Whitmore (Sprint-G1), Knicks Go (Big Ass Fans Dirt Mile-G1) and Monomoy Girl (Longines Distaff-G1).

The Europeans made a clean sweep of the four turf races Saturday starting with Glass Slippers (GB) in the Turf Sprint (G1) and followed by Audarya (FR) in the Maker's Mark Filly & Mare Turf (G1), Order of Australia (IRE) in the FanDuel Mile presented by PDJF (G1) and Tarnawa (IRE) in the Longines Turf (G1).

California was represented by two winners, both trained by Bob Baffert and both track record-setters: Gamine (Filly & Mare Sprint-G1) and Authentic (Longines Classic-G1).

The other winner was Parx-based Vequist in Friday's Juvenile Fillies (G1).

Breeders' Cup World Championships Leading Jockeys (by earnings)

Jockey Earnings
Mike Smith* $36,634,605
John Velazquez* $27,730,275
Frankie Dettori* $25,751,862
Pat Day $23,033,360
Joel Rosario* $22,182,535
Jerry Bailey $22,006,440
Javier Castellano* $20,547,600
Gary Stevens $20,299,255

*Denotes Active Jockey

Breeders' Cup World Championships Leading Jockeys (by wins)

Jockey Wins
Mike Smith* 26
John Velazquez* 18
Jerry Bailey 15
Frankie Dettori* 14
Garrett Gomez 13
Javier Castellano* 12
Pat Day 12
Joel Rosario* 13
Irad Ortiz Jr. 11
Gary Stevens  11

*Denotes Active Jockey

 

Breeders' Cup World Championships Leading Trainers (by earnings)

Trainer Earnings
Bob Baffert* $34,985,000
Aidan O'Brien * $26,645,590
D. Wayne Lukas *  $22,672,520
Todd Pletcher* $21,508,030
Chad Brown* $20,000,690
Bill Mott* $19,936,900
Steve Asmussen* $14,262,180

*Denotes Active Trainer

 

 

Breeders' Cup World Championships Leading Trainers (by win)

Trainer Wins
D. Wayne Lukas* 20
Bob Baffert* 17
Chad Brown * 15
Aidan O'Brien * 13
Todd Pletcher* 11
Shug McGaughey* 9
Bill Mott* 9
Richard Mandella* 9
Sir Michael Stoute* 8
Brad Cox 7
Neil Drysdale 6
Bobby Frankel 6

*Denotes Active Trainer

 

Jockeys Who Won Their First Breeders' Cup World Championships race in 2020

Jockey Horse Race
Pierre-Charles Boudot Audarya (FR) Filly & Mare Turf
Tom Eaves Glass Slippers (GB) Turf Sprint
Colin Keane Tarnawa (IRE) Turf
Luis Saez Essential Quality Juvenile

 

Trainers Who Won Their First Breeders' Cup World Championships race in 2020

Trainer Horse Race
James Fanshawe Audarya (FR) Filly & Mare Turf
Ron Moquett Whitmore Sprint
Kevin Ryan Glass Slippers (GB) Turf Sprint
Dermot Weld Tarnawa (IRE) Turf

 

Future Sites

The 38th Breeders' Cup World Championships will be held at the Del Mar Thoroughbred Club in Del Mar, California, Nov. 5-6, 2021 and return to Keeneland for the 39threnewal Nov. 4-5, 2022.

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Keeneland November Sale Starts Monday

LEXINGTON, KY – The action moves from the racetrack to the sales ring at Keeneland Monday with the first session of the Keeneland November Breeding Stock Sale. The 10-day auction kicks off with a single select Book 1 section that begins at noon and continues through Nov. 18 with subsequent sessions beginning at 10 a.m.

“I think the sale will be good,” Marshall Taylor of Taylor Made Sales Agency said on an unseasonably warm November morning at the Keeneland sales grounds Sunday. “We have a lot of good horses and there are a lot of good horses on the sales grounds this year. I am hoping the momentum from the September sale and the yearling sales will carry over into November and things will keep getting better.”

Keeneland played host to the two-day Breeders’ Cup championships for the second time over the weekend and Taylor agreed the championship meet provided extra excitement heading into the sale.

“You can almost get that magical feeling where all of these stars are coming right across the road from the racehorse barns into the sales barn,” Taylor said. “It brings a whole vibe to it that you don’t get when the Breeders’ Cup is out of state.”

While the September yearling sales were conducted largely without on-site participation of foreign buyers due to the global pandemic, international shoppers were out in force at the sales grounds Sunday.

“I have seen a lot of foreign buyers,” Taylor said. “I’ve seen a lot of Europeans and a lot of Japanese. In September, I didn’t feel like there were as many Japanese buyers as there are here at the November sale. So it seems like there are a lot of foreign buyers here, which is great.”

In addition to the international buyers on the grounds, foreign interests are expected to continue to make their presence felt with on-line and phone bidding.

“I am very pleased with the traffic here so far,” James Keogh said in front of his Grovendale consignment Sunday morning. “There is a strong domestic influence right now, but we’ve been receiving overseas calls and people asking questions and for photos, especially from Japan. I expect they will very likely be bidding on-line.”

The Breeders’ Cup championships provided several updates to horses in the Keeneland catalogue and Keogh is hoping to take advantage of Into Mischief’s two wins at Keeneland Saturday.

“We are feeling very fortunate because we have a very nice mare in foal to Into Mischief (hip 10) with a real family behind her. So that was very exciting.”

Other Breeders’ Cup updates in Book 1 include a half-sister to GI Breeders’ Cup F/M Turf runner-up Rushing Fall (More Than Ready) in foal to Catholic Boy (hip 99); a full-sister to GI Breeders’ Cup Sprint runner-up C Z Rocket (City Zip), in foal to Distorted Humor (hip 244E); as well as the dam of GI Breeders’ Cup Juvenile runner-up Hot Rod Charlie (Oxbow), in foal to Into Mischief (hip 32). A weanling half-sister to GII Breeders’ Cup Juvenile Turf Sprint runner-up Cowan (Kantharos) will be offered as hip 146 and Veronique (Mizzen Mast), the dam of track-record setting Nashville (Speightstown) will be offered as hip 244D.

During the recently concluded yearling sales season, demand remained for the perceived quality offerings, but interest fell off markedly from there. Expectations are for that trend to continue at the November sale.

“If they were on your horse, you got good money, maybe even a little more than you thought you’d get,” said Hidden Brook’s  Sergio de Sousa. “I don’t see anyone saying it was a healthy market. When the median was $15,000, that doesn’t pay your board bill for the most part.”

Expectations are for that polarization to continue into the November sale.

“You’ve got to be optimistic about it, especially for Book 1, but you also have to be realistic about the market,” said de Sousa. “The market has shown this year to be down between 20% and 30%. So you have to be aware of that. But as a breeder, we are dreamers and you always hope for the best in this business. So it will be interesting to see what happens. It was a fantastic two days with the Breeders’ Cup and a lot of excitement. People are starting to come and look at the mares and foals more now, so we have to see what the traffic is going to be.”

De Sousa thinks there will be bargains to be found by astute buyers.

“There will be a lot of mares sold who are bubble mares,” de Sousa said. “I think this time next year there will be a lot of mares who will have 3- or 4-year-olds running now who sold for not a lot of money at this sale and they will be producing nice horses. I think that creates opportunities. I think if you have cash, it is a buyer’s market.”

Last year’s November sale was topped by the $3.2-million Take Charge Brandi (Giant’s Causeway). The mare was one of 14 to sell for seven figures. Larry Best’s OXO Equine paid top price for a weanling, going to $775,000 for a daughter of Curlin.

In all, 2,671 head sold for $200,135,200 at the 2019 sale. The average was $74,929 and the median was $25,000.

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