$2.6-Million Into Mischief Colt Tops Reinvigorated Fasig-Tipton Saratoga Sale

The more things change, they more they stay the same.

After COVID-19 led to the cancellation of the 2020 Fasig-Tipton Saratoga Select Yearling Sale, the boutique auction concluded its comeback renewal on Tuesday with figures in practical lockstep with the most recent edition in 2019.

The two-day auction closed with 135 horses sold for revenues of $55,155,000, good for the third-highest gross in the sale's history. The gross finished just behind the 2019 figure of $55,547,000, which ranked second on the all-time list.

The average sale price landed at $408,556, which again was neck-and-neck with the record $411,459 average from two years ago. The median went unchanged at $350,000, tying the all-time high, and the buyback rate for this year's auction finished at 25 percent; a solid figure for such a selective marketplace.

M.V. Magnier of the Coolmore partnership signed the ticket for the sale-topper on Tuesday: Hip 168, an Into Mischief colt, for $2.6 million.

The bay colt is the second foal out of the Grade 1-winning Flatter mare Paola Queen, from the family of Grade 1 winner Point Ashley. He was bred in Kentucky by Don Alberto Corp., and he was consigned by Gainesway, agent.

Tuesday's session also saw Hip 132, a half-brother to 2009 Horse of the Year Rachel Alexandra from the first crop of Bolt d'Oro, sell to Larry Best's OXO Equine for $1.4 million.

Bred in Kentucky by Heaven Trees Farm, the colt is out of the Grade 2-placed stakes-winning Roar mare Lotta Kim, whose other runners of note include Grade 3-placed Dolphus and stakes-placed Wooderson.

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

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Seven-Figure Colt Highlights Sterling Saratoga Sale Debut For Bolt d’Oro

Any checklist of milestones for an up-and-coming commercial stallion involves a big showing with his first yearlings at the Fasig-Tipton Saratoga Select Yearling Sale.

Gaining the approval of one of the market's most discriminating buying benches can set a stallion up for years to come on the commercial market, and Spendthrift Farm's rookie stallion Bolt d'Oro was the standout of his class during the 2021 renewal of the boutique auction.

The Grade 1-winning son of Medaglia d'Oro was responsible for the sale's most expensive yearling by a first-crop sire, when a half-brother to 2009 Horse of the Year Rachel Alexandra sold to Larry Best's OXO Equine for $1.4 million early in Tuesday's session.

Spendthrift general manager Ned Toffey watched the bidding with great interest from the back ring of the Humphrey S. Finney Pavilion, and he was thrilled with the result.

“He was just a beautiful animal,” Toffey said about the well-related colt. “We're obviously big fans of the stallion, and it's a wonderful pedigree, and a great physical. What else can you ask for?”

The seven-figure colt was bred in Kentucky by Dede McGehee's Heaven Trees Farm, out of the the Grade 2-placed stakes-winning Roar mare Lotta Kim. Rachel Alexandra was the mare's first foal, by Medaglia d'Oro, the same sire that gave the world Bolt d'Oro.

When McGehee contacted Spendthrift Farm about tapping into to a proven sire line at a lower price point than the original, it wasn't a hard decision on the farm's part.

“I think it was one word: 'Yes.'” Toffey said. “It makes all the sense in the world, given the pedigree. We're not in the business of turning that kind down.”

Even below the top price, the Bolt d'Oro yearlings were received incredibly well in Saratoga. Ten of the 12 that went through the ring sold for an average of $407,000, and he had three yearlings sell for $500,000 or more.

A single millionaire certainly helps spike interest in a young stallion, but that consistency among the rest of the Bolt d'Oros was what truly encouraged Toffey.

“It's huge, and more than just this one price, it's the fact that there's just a really strong collection of yearlings here by him,” he said. “I think it's actually the collective quality of the group as much as anything, but frankly, that's a nice cherry on top.

After being one of the highest-volume first-crop sires in the Fasig-Tipton Saratoga catalog, Bolt d'Oro has four horses entered in the Fasig-Tipton New York-Bred Yearling Sale in the coming days. Next month, he'll have 75 in the catalog for the Keeneland September Yearling Sale.

Bolt d'Oro is himself out of the A.P. Indy mare Globe Trot, whose foals also include Grade 1 winner Global Campaign and Grade 2-placed stakes winner Sonic Mule.

Both sides of Bolt d'Oro's family are known for putting an athletic foal on the ground, and Toffey said the sire has shown himself able to pass that on to the next generation.

“I think very much like himself, big, scopey, very athletic, dramatically made horses — horses that stand over a lot of ground,” Toffey said. “They've got some length at the torso, but a good amount of neck to balance them out. They've been a very impressive, correct group.”

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‘May It Be A Long, Fun Ride’: Half-Brother To Rachel Alexandra On Offer At Fasig-Tipton Saratoga Sale

The Fasig-Tipton Saratoga Select Yearling Sale catalog is filled with sterling pedigrees, but even among the very best of the breed, there are still some pages that can bring a page-turner to a full stop.

Seeing a name like Rachel Alexandra's high up on the page can have just that anchor-throwing effect.

Tuesday's session of the elite Saratoga sale will feature a half-brother to the 2009 Horse of the Year, from the first crop of Spendthrift Farm's Bolt d'Oro. They share plenty of similar blood, with Bolt d'Oro being the son of Rachel Alexandra's sire, Medaglia d'Oro.

The Bolt d'Oro colt is the ninth foal out of the Grade 2-placed stakes-winning Roar mare Lotta Kim, who gained notoriety with her first foal when Rachel Alexandra rocketed to the top of her class, with wins against male competition in the Grade 1 Preakness Stakes, Haskell Stakes, and Woodward Stakes, en route to Horse of the Year honors.

In the years that followed, breeder Dede McGehee's Heaven Trees Farm has typically offered the colts out of Lotta Kim at auction, meaning the opportunities to buy into the family have been few and far between. The colt to be offered on Tuesday will be just the fourth to go through the ring during the yearling season, three of which have hammered for $400,000 or more.

“It's hard to find a fault on him,” Heaven Trees manager Adolfo Martinez said about the Bolt d'Oro colt. “This kid's been perfect from day one. He's played the part the whole way. He's not had any trouble, he's very easygoing, good head, good mind, great body.”

Besides Rachel Alexandra, Lotta Kim's best runners have tended to be her colts. Dolphus, by Lookin at Lucky, finished second in the Grade 3 Pimlico Special, and he now stands at Darby Dan Fam in Kentucky. The Awesome Again colt Wooderson finished second in the Alydar Stakes at Saratoga, and he entered stud in Arkansas.

The Heaven Trees operation has obviously had outstanding fortune crossing Lotta Kim with the Medaglia d'Oro line, and Martinez said McGehee didn't want to stray too far from that line. The added size Bolt d'Oro brought to the table, along with a lower stud fee than top commercial sire Medaglia d'Oro, led McGehee to send the mare to the rookie stallion.

“We went to look at the stallion at Spendthrift, and he's a very good-looking horse,” Martinez said. “[McGehee] liked his race record. She was also not looking to go super expensive. The Medaglia d'Oro she had before was a little on the smaller side. Of course, the mare's 20 now, so she was a little cautious about her maybe giving you an 'old mare' foal, just a smaller foal.”

Lotta Kim delivered a Bernardini filly on March 21, and she was bred to Curlin later in the season. However, the 21-day checkup revealed she had lost the foal, and McGehee elected to give the mare the season off, instead of trying her again. Martinez said a decision hadn't been made for a 2022 mating, but given the mare's age, they would give her a thorough evaluation before deciding whether to send her back to the breeding shed or pension her.

Hill 'n' Dale Sales Agency consigns the colt at the Saratoga sale, marking the first time the operation has worked with Heaven Trees at the auction.

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Martinez said Heaven Trees normally preps its yearlings in-house, but the labor shortage that has handcuffed many businesses across the country hit the Lexington, Ky., farm, as well. Heaven Trees will also work with Hill 'n' Dale at the Keeneland September Yearling Sale, but Martinez said he expected the farm's slate of offerings for the Fasig-Tipton Kentucky Fall Yearling Sale will be prepared by the Heaven Trees staff.

Hill 'n' Dale has handled plenty of horses with household names in their pedigrees, but general manager Jared Burdine said he knew what he had with this colt.

“He's a gorgeous horse that's got a stallion's pedigree,” Burdine said. “He glides across the ground. He's a big, long scopey-looking horse, definitely that classy Saturday afternoon type.”

Martinez said he wouldn't be able to make it to Saratoga to watch the colt sell, but he was excited at the thought of which buyers might try to chase the horse, and what the future might hold from there.

After all, he's got some awfully big shoes to fill.

“I hope he satisfies his new connections as well as he's satisfied ours,” Martinez said. “We love him. He's a special horse, and it'd be great to follow him around. I hope he gets in the right hands, and may luck be on his side, and the connections' side, too. May it be a long, fun ride for whoever gets him. That's all I ask.”

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Rachel Alexandra’s Full Sister Gladys Wins Maiden Race At 11-1

Dede McGehee's Gladys, a 2-year-old full sister to 2009 Horse of the Year Rachel Alexandra, graduated Sunday at Gulfstream Park West in Miami Gardens, Fla., with an 11-1 upset victory in a mile maiden special weight event carded as Race 5.

The Medaglia d'Oro–Lotta Kim filly roared from off the pace to score a three-length victory in her second career start and first race around two turns. Gladys encountered trouble leaving the starting gate and was never a factor in her Sept. 18 debut at six furlongs.

Gladys, who is trained by Kelsey Danner, ran a mile over a sloppy track in 1:38.80 under jockey Angel Arroyo.

Gladys, who was bred by Mc Gehee's Heaven Trees Farm, is Lotta Kim's eighth foal of racing age. Of course, Rachel Alexandra, who captured the 2009 Preakness (G1), Haskell (G1) and Woodward (G1) on her way to being crowned Thoroughbred racing's champion of 2009, is by far the most accomplished offspring of Lotta Kim.

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