Tag: Reiley McDonald

$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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$875K Authentic Part of Late Sparks At Keeneland Book 3 Opener

LEXINGTON, KY – A bevy of high-priced yearlings provided a late spark to the first Book 3 session of the Keeneland September Yearling Sale, but the auction–which had kept pace with its record-setting 2022 renewal during Books 1 and 2–lost a bit of its steam as it entered into its second week Saturday.

A total of 289 yearlings sold Saturday for $46,697,000. The average of $163,849 dipped 7.3% from last year's Book 3 opener and the median fell 7.1% to $130,000. The buy-back rate remained steady at 22%.

During the opening session of last year's Book 3 section, 287 yearlings sold for $50,747,500. The average was $176,821 and the median was $140,000.

“The ones that stand out from the crowd, seems like they have a following here in the back ring, they follow them up and they make the money,” said Hunter Valley Farm's Fergus Galvin. “I think [the market] is very strong and very competitive. Books 1 and 2 were good, not without a few bumpy patches, but that's at every sale now. I think it's very strong, it looks like today, and that probably augurs well even for the later books. It seems like there are fresh faces here today and a lot of people haven't filled their orders yet. They are probably starting to feel a sense of urgency to get the nice horses bought.”

Reiley McDonald's Eaton Sales consigned the session's highest-priced offering when SF Racing/Starlight Racing and Madaket Stables purchased a son of Authentic for $875,000. The session topper was one of eight to sell for $500,000 or over on the day. There were 14 horses who reached that threshold at this session a year ago.

“I feel like the middle market is already starting to tail off,” McDonald said. “I am worried that that is a trend we are going to continue to see just simply because the people at the middle end of the economy in this country are the ones that have been hurt. I think the heavy money is out there and they will spend what it takes to get a horse bought. But once you get into the middle market, the everyday players and lower, I think that's where we are going to see the market slip.”

The Keeneland September sale continues through Saturday with sessions beginning daily at 10 a.m.

Authentic Colt to SF/Starlight/Madaket

The stallion-making partnership of SF Racing/Starlight Racing and Madaket Stables acquired its third son of Authentic of the Keeneland September sale when going to $875,000 for a colt by the GI Kentucky Derby winner (hip 1511) Saturday. The yearling, out of multiple graded placed Sweetgrass (Street Sense), was bred by Seclusive Farm, Brad Stephens and Breeze Easy and was consigned by Eaton Sales.

“He was just one of those beautiful horses that comes along every now and again,” said Eaton's Reiley McDonald. “He was medium-sized, with a beautiful shoulder, great length and great hip. He was very correct with an outstanding, athletic walk. He was a very intelligent horse who handled the pressure great. He showed over 200 times, which is a lot of pressure on any of these young horses, for two days. He took it like pro. They bought themselves one hell of a horse.”

Baccari Bloodstock purchased Sweetgrass for $250,000 at the 2017 Fasig-Tipton November sale. The mare sold in foal to City of Light for $135,000 at last year's Keeneland November sale.

Earlier at the Keeneland sale, SF/Starlight/Madaket purchased a colt by Authentic (hip 533) for $700,000 and another (hip 821) for $485,000. The group also purchased a son of Authentic (hip 56) for $875,000 at the Fasig-Tipton Saratoga sale last month.

Through five sessions, SF/Starlight/Madaket has purchased 15 yearlings for $10,070,000. The partners were the second-leading buyers of the 2022 September sale, buying 21 yearlings for $12,825,000.

St. Elias Partners Up on Vekoma, Army Mule Colts

Vinnie Viola's St. Elias Stables joined forces with different partners to make a couple of high-price purchases at Keeneland Saturday. The operation teamed with Spendthrift Farm and Mike Talla to acquire a colt from the first crop of Vekoma (hip 1498) for $775,000. That purchase came just a few hips after St. Elias teamed with Starlight Racing and the Harrell family's Harrell Ventures to acquire a colt by Army Mule (hip 1455) for $600,000.

Hip 1498, consigned by Legacy Bloodstock on behalf of his breeder, Spendthrift Farm, is out of Grade I placed Summer of Fun (Include).

“We are really excited to partner up with Spendthrift Farm, which we have done some stuff with in the past, and we are excited to partner with Talla Racing for the first time,” said St. Elias's Monique Delk.

Of the yearling, Delk said, “He's just beautiful–a beautiful physical and walk and he was very correct. He looks special. And we like taking chances on first-year sires. It's a lot of fun to see the new babies coming about.”

St. Elias, in partnership with Repole Stable, was the leading buyer at last year's September sale, with 31 yearlings purchased for $12,840,000. This year, St. Elias in various other partnerships and alone, has purchased 10 yearlings so far for $3.9 million.

Asked why partnerships were important to St. Elias, Delk said, “They love the game and this gives them more access to more horses. St. Elias loves taking on partners and it's exciting to team up with new partners.”

St. Elias compaigned Grade I winner Army Mule and co-bred hip 1455 with Elevage II. Consigned by Hill 'n' Dale at Xalapa, the yearling is out of She Beast (The Factor), a half-sister to Grade I winner The Big Beast (Yes It's True), who was purchased for $150,000 at the 2020 Keeneland January sale.

“Everyone on our team loved him,” said Starlight Racing manager Corbin Blumberg, who made the winning bid while standing out back alongside Delk. “We showed him to [Starlight's] Jack [Wolf] and Doug Cauthen looked at him for the Harrells.”

Starlight and St. Elias teamed up to purchase a colt by Quality Road (hip 1118) for $300,000 earlier in the sale.

“We bought a horse the other day with St. Elias and they bred this horse and they wanted to keep it, so we just put it together sort of at the last minute,” Blumberg said. “We buy horses with the Harrells a lot and we have bought a few with St. Elias, so this just came together and it turned out.”

Of the colt's final price, Blumberg said, “We had to reach a little bit, but he was nice and it seems like that's how it's been going.”

Starlight and Harrell Ventures teamed up to purchase 'TDN Rising Star' Pirate (Omaha Beach) for $350,000 at last year's Keeneland September sale. The juvenile was third in the GI Hopeful S.

CHC, Qatar Racing Get into the Colt Game

Teo Ah Khing of China Horse Club and Sheikh Fahad of Qatar Racing have joined forces for the first time at this year's Keeneland September sale in search of a quality group of colts. The new partners acquired their sixth colt of the auction when purchasing a son of Kitten's Joy (hip 1285) for $585,000 Saturday.

“We all agreed that he might have been the best physical of Kitten's Joy that we've seen in the last two or three years,” said Qatar Racing's American representative Fergus Galvin of Hunter Valley Farm. “He's a beautiful specimen.”

Consigned by Hill 'n' Dale at Xalapa and bred in Ontario by Murray Smith, the yearling is out of Hopping Not Hoping (Silent Name {Jpn}).

The purchase came with an almost instantaneous update when the mare's 2-year-old My Boy Prince (Cairo Prince), who romped to a 14-length victory in the Aug. 27 Simcoe S., finished second in the GI Summer S. just shortly after the yearling went through the ring.

“We might have had to pay more,” Galvin agreed of the timing. “But we are definitely happy with the Grade I pedigree boost.”

CHC and Qatar Racing have now purchased six yearlings at the Keeneland sale this year for $2,960,000. Leading the way was a son of Authentic (hip 1046) purchased for $875,000.

“It's something that Sheikh Fahad and Teo put together before the sale to buy colts,” Galvin said of the partnership. “They are mainly to race in the U.S., but this one [hip 1285] will go to England to race for obvious reasons. Sheikh Fahad has had incredible success with Kitten's Joy.”

Qatar Racing enjoyed top-level success in Europe with another son of Kitten's Joy, multiple Group 1 winner Roaring Lion, who was purchased for $160,000 at the 2016 Keeneland September sale.

A New Kentucky Home for Tommy Town

Tom and Debi Stull announced plans late last year to relocate their Tommy Town Thoroughbreds broodmare band to Kentucky and, after purchasing the former Woodford Farm from Mick Ruis, have been busy buying yearling fillies this week at Keeneland. During the fifth session of the auction, the Stulls purchased a pair of fillies for $400,000 from the Woods Edge Farm consignment; first purchasing a daughter of Vekoma (hip 1189) and returning later to acquire a daughter of Volatile (hip 1224).

“We like to get fillies that have a fairly good walk and definitely a nice hip and pedigree,” Tom Stull said. “It's not so much the sire, but the balance and the conformation.”

Hip 1189, who was purchased by Woods Edge for $75,000 at Keeneland last November, is out of Blue Kisses (Pulpit), a daughter of multiple stakes winner Bluegrass Sara (Tabasco Cat). Hip 1224, a $180,000 weanling purchase, is out of Delightfully So (Indian Charlie), a half-sister to Canadian champion Delightful Mary (Limehouse).

Asked if the fillies were purchased with an eye to eventually joining his broodmare band, Stull said, “Yes, for sure. That's what we are trying to do.”

In addition to the two yearlings purchased Saturday, Tommy Town also acquired a pair of fillies by No Nay Never–hip 211 for $250,000 and hip 256 for $275,000–and a daughter of Le Havre (Ire) (hip 132) for $300,000.

“To be honest with you, the first three or four days were tough,” Stull said. “I felt like we did well with the first three we bought and then we didn't get to buy anything Thursday. I was surprised we found quality today.”

The operation returned later in Saturday's session to acquire a filly by Tom's d'Etat (hip 1446) for $150,000 and a filly by Tiz the Law (hip 1450) for $115,000.

Of the couple's new 300-acre farm, Stull said, “We decided we would rather run in Kentucky. We have close to 30 mares. I want to just upgrade the quality. I think we are going to breed to sell and then continue to buy to race and keep.”

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$2.3M Into Mischief Filly Leads the Way at Keeneland September

by Jessica Martini & Christina Bossinakis

The Keeneland September Yearling Sale opened with a packed pavilion and plenty of bidding from a diverse buying bench ultimately producing eight seven-figure sales led by a $2.3-million daughter of Into Mischief. At the end of the session, numbers were largely in line with the figures from the opening session of last year's record-breaking auction.

“We were all biting our nails a little bit thinking about being measured up to last year's sale which was so phenomenal,” said Keeneland President Shannon Arvin. “But the numbers were very similar to last year's numbers.”

In all, 110 yearlings sold Monday for $55,330,000. The average was $503,000–up just slightly from last year's figure of $500,833. The median dipped 11.11% to $400,000.

From 191 catalogued yearlings, 148 went through the ring and 38 failed to meet their reserves for a buy-back rate of 25.68%. It was 20.83% last year.

“It is really, really good,” said Reiley McDonald, whose Eaton Sales sold a $1-million son of Into Mischief during the session. “It is running about 50% outs to buy-backs, but the other 50% are selling at 30% above what they would have in the last couple of years. The upper end is really good. Where we are really going to be tested is the middle end and the lower end because that's where I think the economy has been hit. This upper stuff is very strong.”

Sheikha Hissa made the session-topping bid in the name of the Shadwell Farm founded by her late father Sheikh Hamdan Al Maktoum, purchasing the $2.3-million daughter of Into Mischief from the Gainesway consignment. Shadwell had perennially been a leading buyer at the auction prior to Sheikh Hamdan's death in 2021.

“We are delighted to welcome her and her whole team back,” said Arvin. “Shadwell is about to embark on an exciting new stage and we love her passion for the sport and the horse. It was an honor to have her back with us.”

Monday's top 13-priced yearlings were purchased by 12 distinct buyers.

“I think that's very encouraging,” Keeneland Vice President of Sales Tony Lacy said of the diverse buying bench. “It's unhealthy if you have one or two entities coming in here and controlling the market. I think it's important that people come in here and feel they have a chance of getting something. Because they are spending quite a bit of money and they are able to gain some of the best bloodstock in the world.”

While the buying bench was deep, the stallion ranks were dominated by yearlings by Into Mischief and Uncle Mo, who combined to sire all eight of the session's seven-figure offerings and 11 of the top 13. The only other sires to make it into the top 13 was Into Mischief's GI Kentucky Derby-winning son Authentic and Constitution.

Keeneland has made an effort over the last two years to make its elite Book 1 section an event and officials were gratified by the large number of onlookers who created a buzz in the pavilion Monday.

“There was a lot of energy and it was so fun to see all of the people here,” Arvin said. “There were many buyers and people participating and then there were a lot of people who were just interested in seeing the sales process. Which was fun to see. We work really hard to make sure the community understands how important our sales are as well as our industry. So it was really fun to have so many people out here.”

Donato Lanni made the session's second-highest bid when going to $2 million to acquire a colt by Uncle Mo on behalf of Amr Zedan.

“The atmosphere has been amazing,” Lanni said. “Every year it gets better and better. There is a lot of quality and you see it improve every year. It's good to see people happy to get a horse sold and happy to buy one and doing what they love to do, which is buy horses. There is a lot of passion and a lot of love for the game. And people are fighting for the horses they love. It's great to see that.”

In an unintended consequence to the packed pavilion, last year's leading buyer Mike Repole and his team were briefly shut out of their preferred rows in the pavilion. After spending some of the session in the first row, the group, which included Repole, trainer Todd Pletcher, agent Jacob West and advisor Eddie Rosen, were able to move back to their traditional middle rows and ended the session with 11 purchases for $3.945 million. Leading the way was a colt by Quality Road colt (hip 144) purchased for $725,000. Repole was the session's leading buyer.

While Repole and Vinnie Viola partnered to be leading buyers in 2022, Repole partnered on just one of the 11 yearlings purchased Monday, spending $600,000 on a colt by Tapit (hip 96) acquired with Spendthrift Partners. Viola's St Elias Stables was not on the results sheet Monday.

Gainesway was the session's leading consignor with 12 yearlings sold for $9,610,000. In addition to the session topper, the farm also consigned two other million-dollar yearlings.

The second session of Keeneland September's Book 1 section begins Tuesday at 1 p.m. Book 2 sessions Wednesday and Thursday begin at 11 a.m. Following a dark day Friday, the 12-day auction continues Saturday at 10 a.m.

Into Mischief Filly Sparks 'Joy' for Aboughazale

In the horse racing business, the passing years often equate to a steady stream of blood, sweat and tears that, if one is among the fortunate, may culminate in dividends by virtue of the hard-earned experience. International Equities Holding's Oussama Aboughazale appears to have found the golden track, however, culminating with a filly (Hip 92) by Into Mischief that realized a session-topping $2.3 million from Shadwell on Day 1 at Keeneland September.

The filly was consigned by Gainesway, that sold 12 head Monday, including a trio over seven figures, leading all consignors with $9.6 million in gross receipts.

Gainesway's Brian Graves said, “I honestly thought she would bring every bit of $1.5 [million]. She's a top physical. She was one of the best-looking yearlings I saw this year. We thought that could happen. From the first time you looked at that filly, you thought that could happen. It's a pleasant surprise but not shocking.”

Only moments after the gavel fell, Aboughazale, situated out back, remained visibly moved by the recent events.

“That was satisfying but I have conflicting feelings,” he admitted. “I am happy we sold her at this price, but I am sad because she is a queen. She is the best thing we've ever bred in many years.”

He continued, “I put a good [reserve] on her, but I would have been sad if she actually sold for that price because I [would have] wanted to keep her.”

Of the buyers, he said, “I wish the best of luck to Sheikha Hissa. [Sheikh Hamdan], God bless his soul, he was a good customer of mine because he bought horses from us. So that makes me feel a little bit better [to let her go].”

In addition to Monday's session topper, Shadwell also purchased Hip 20, a filly by Uncle Mo out of Grade I winner Angela Renee (Bernardini) for $750,000. She was consigned by Taylor Made.

Shadwell Farm manager Jonny Smyth, added, “We have the sister [by War Front] so we are excited to have purchased this filly as well. Sheikha Hissa is happy to be here and we expect to be active again tomorrow.”

Fit for a Queen…

The Feb. 20 session-topping filly is out of Grade III-scorer Delightful Joy (Tapit), a $105,000 OBSAPR purchase by Bradley Thoroughbreds, who was later picked up for $700,000 by Aboughazale at Keeneland January in 2017.

As a broodmare, the mare realized a quick return with a filly by War Front that brought $1 million from Shadwell at Keeneland September in 2019. Only two years later, the operation sold Window Shopping (American Pharoah)–a $700,000 buy for agent Steve Young–that would go on to win the GII Summertime Oaks. Out of GSW and GISP Graeme Six (Graeme Hall), Delightful Joy is a half-sister to GSW Cali Star (Street Cry {Ire}) and stakes winner Seymourdini (Bernardini).

“The dam is a lovely mare that has a lot of class,” Aboughazale continued. “And she is producing very nice horses.

“Thank God for us, she is very straightforward and is producing very beautiful babies.”

The operation is selling a total of 16 yearlings at Keeneland this year, including seven head in Book 1.

Anatomy of Success…

Relatively speaking, Aboughazale has developed a most enviable broodmare band in a fraction of the time that many others have taken to assemble their own band stateside. The native of Jerusalem spent much of his youth surrounded by horses, albeit of a different color. While Arabians occupied much of his initial connection to the horse, Thoroughbreds became his primary passion following a visit to Kentucky a quarter of a century ago. Bitten by the bug, he purchased the former Belvedere Farm in 2016, and it didn't take long for him to realize two important milestones: selling his first $1-million yearling in 2019 and breeding his first Grade I winner, courtesy of 2020 Del Mar Debutante S. heroine Princess Noor (Not This Time).

Oussama Aboughazale and Frances Relihan at a past sale | Keeneland

Aboughazale also enjoyed some of his earliest successes with a horse he bred, Protonico (Giant's Causeway), a four-time graded stakes winner and dual Grade I-placed for Todd Pletcher in 2014-16.

“We are evolving all the time because [bloodstock manager] Frances [Relihan] is very strict,” he said. “She cuts from the bottom, and I don't look at the prices that we sell the mares for because it makes me upset. But we're always trying to improve [the broodmare band]. We're trying to develop next generations. That's important to us.” @CbossTDN

Lanni Signs for $2-Million Uncle Mo Colt

With three-quarters of Monday's yearlings having already gone through the ring, the temperature skyrocketed with a string of seven-figure yearlings going through the ring in rapid succession. Earning the distinction as the top-priced colt of the day, a yearling by Uncle Mo realized a $2-million final bid from agent Donato Lanni, bidding on behalf of Amr Zedan.

“He is beautiful Uncle Mo and the boss loved him,” explained Lanni. “Zedan [Racing] and Bob [Baffert] have been very lucky with that sire.”

Uncle Mo is the sire of Zedan's 'TDN Rising Star' Arabian Knight, wire-to-wire winner of the GI FanDuel Racing Pacific Classic.

He added, “Bob loved him as soon as he saw him. He is a beautiful horse so we were happy to get him.”

Consigned by Runnymede Farm, Hip 154 is out of Helena Bay (GB) (Johannesburg), the dam of GI Pacific Classic winner Collected (City Zip), who was also trained by Baffert. Additionally, the mare produced Helena's Triomphe (Arch), herself responsible for SW Artilena (Artie Schiller).

The colt was bred by a partnership of Runnymede Farm, Peter Callahan and Three Chimneys Farm.

Clearly overjoyed with selling the day's second-highest priced yearling, Runnymede's Romain Malhouitre said, “Imagine selling your horse for $2 million, there's no words for that. The horse has been awesome since he arrived on Thursday. He showed very well. We knew we had plenty of interest, but you never know. So, we are delighted that everybody believed in the horse and the breeders and the land.

“A few people told us that he was one of the best colts of the sale for day one. And we thought we had a good horse and they told us. But, you know, they won't tell you what they are willing to spend.”–@CbossTDN

Winchell Comes Out Swinging for Into Mischief Colt

No stranger to the winner's circle these days, owner Ron Winchell parlayed some of those winnings into new blood, extending to $1.4 million for Hip 145, a colt by Into Mischief.

Consigned by John Sikura's Hill 'n' Dale at Xalapa, who also bred the colt in partnership with Matt Dorman, the Feb. 10 foal is out of the Ghostzapper mare Guarana, who earned over $1 million, annexing a trio of Grade I stakes during two seasons on the track. Guarana is a half to SW Beatbox (Pioneerof the Nile) and Grade II-placed Magic Dance (More Than Ready). The colt's third dam is GI Breeders' Cup Distaff heroine Pleasant Home (Seeking the Gold), a sister to MGSW and GISP Country Hideaway.

“Obviously, he is the first foal out of an amazing racemare,” said Winchell. “We're the lucky or unlucky ones to be the last ones with our hand up. Dr. Lambert, with Equine Analysis, loved him and that's all I needed to hear.”

Regarding the obvious appeal of the pedigree, Winchell qipped, “Do I need to say anything about Into Mischief?”

According to Winchell, the colt will go to team Steve Asmussen.

Offered with this foal in utero at Fasig-Tipton November in 2021, Guarana was purchased by Hill 'n' Dale for $4.4 million.

“It's a great result for a great mare,” affirmed Sikura. “Into Mischiefs are obviously magical horses. No matter the sire, you have to meet the scrutiny of the buyers at the upper end. The horse moved very well. Has a lot of bone, looks sound. One of the astute guys in the business who has had great success bought him. I hope this is his next big horse. We're excited and happy.”–@CbossTDN

Sonson Continues Buying Spree

Chuck Sonson partnered with West Point Thoroughbreds to purchase his first yearlings last month at the Fasig-Tipton Saratoga sale and got back into the action Monday at Keeneland, going to $1.35 million to acquire a colt by Uncle Mo (hip 94) in partnership with Woodford and West Point.

“We have a partnership that is killer,” Sonson said as West Point's Terry Finley signed the ticket on the youngster. “We think this colt is going to be a big winner. So we are very excited about him. We purchased six at Saratoga and we are looking to fill the barn up the rest of the way.”

Sonson's purchases at Saratoga were led by a colt by Twirling Candy (hip 140) acquired for $1 million.

Sonson, who owns an aviation company, was enjoying his first trip to Lexington.

“I love Lexington,” he said. “This is the first time I've been here. I am getting into the racing thing and enjoying it a lot.”

Hip 94 is out of Diva Delite (Repent), who is the dam of champion Midnight Bisou (Midnight Lute) and this year's GIII Indiana Derby and GI Toyota Blue Grass S. runner-up Verifying (Justify). The yearling was bred by Hunter Valley Farm and David Fennelly's Mountmellick Farm, which purchased the mare for $1.2 million while she was carrying Verifying at the 2019 Fasig-Tipton November sale.

“I am absolutely delighted,” Fennelly said of the result. “He was a stunning individual. And of course, his family speaks for itself.”

Hunter Valley and Mountmellick sold Verifying for $775,000 at the 2021 Keeneland September sale.

In foal to Gun Runner, Diva Delite RNA'd for $775,000 at last year's Keeneland November sale.

“She has a Gun Runner by her side and we decided not to breed her this year and give her a break,” Fennelly said. “We will catch her early next year.” @JessMartiniTDN

Uncle Mo Colt a Score for Christophersons

When Neal and Pam Christopherson's Bar-C Racing Stables sold a filly by Uncle Mo for $700,000 at the 2021 Keeneland September sale, the Oregon-based operation quickly reinvested the proceeds to purchase the unraced Forever for Now (War Front) in foal to the Coolmore stallion for $210,000 at that year's Keeneland November sale. The Christophersons were rewarded again when the mare's Uncle Mo yearling (hip 130) sold to M.V. Magnier for $1.35 million at Keeneland Monday.

“He was a very pretty, beautiful-moving colt,” John Penn, whose Penn Sales consigned the yearling on behalf of Bar C Racing Stables, said. “If he can run, he will make a stallion. He was born a smaller version of what he is. All we did was not get in his way.”

While Penn wasn't involved in the purchase of Forever for Now, who is a half to group-placed Carlisle Bay (Galileo {Ire}), he explained of the Christophersons, “They sold an Uncle Mo previously for a lot of money and needed to buy a mare and they bought this mare in foal to him.”

He continued, “Right now [the Christophersons have] two mares at my place and I think they have several in Oregon.”

Penn Sales was making a rare Book 1 appearance Monday at Keeneland and was enjoying its first seven-figure sale.

“When you have a horse like this, it moves you up,” Penn said. “He would have moved anyone up. We are normally in the middle, but Keeneland was good enough to allow us to compete when we had the horse that would do it. And that's special.”

Magnier was making his first purchase of the Keeneland sale with hip 130.

“He is a very nice horse,” Magnier said. “[Longtime Coolmore adviser] Paul Shanahan really liked him when he saw him the other day. He is a nice athletic horse. He will stay here [in the U.S.] for the time being.” @JessMartiniTDN

A 'Grand' Day 1 at KEESEP

It didn't take long during the opening session of this year's Keeneland September Sale for things to hit full tilt with the sale of the first seven-figure yearling on the afternoon. A member of the Gainesway consignment, Hip 18, a colt by Into Mischief, realized $1.1 million from Robert Clay, bidding on behalf of Grandview Equine.

Gainesway's Brian Graves said, “That's a good way to get started. It was a little north of what we thought. There was a lot of drama leading up. There are always a lot of people with different opinions. It worked out on the pleasant side.”

He continued, “As an individual the horse, he was drop-dead gorgeous and by the right sire and out of a Grade I winner–a young mare who was precocious.”

The Mar. 31 foal is out of American Gal (Concord Point), a full-sister to SW and MGSP Americanize, who garnered just a tick under $1 million on the race track courtesy of five wins, headed by the GI Longines Test S. and GI Humana Distaff S. This represents the extended family of dual Grade I winner Seventh Street (Street Cry {Ire}) and G1 Golden Shaheen victor Reynaldothewizard (Speightstown).

The bay was bred by Mandy Pope's Whisper Hill Farm, who secured dam American Gal from the Hill 'n' Dale draft for $3 million at the Fasig-Tipton November Sale in 2018.

“There were a lot of top people on the horse and we thought something like that might happen,” said Graves. “It's good to see Mandy Pope selling million-dollar horses.”

The first foal to sell out of the 9-year-old mare was a colt by Curlin, who brought $500,000 at this venue last season. A family obviously replete with money, granddam GSP American Story (Ghostzapper) also made headlines in the sales ring, realizing $2.2 million at Fasig-Tipton November in 2017. An Into Mischief filly out of American Story (Hip 19) brought $575,000 shortly after American Gal's colt exited the ring.

“He is a really nice colt out of a great family,” Clay said, explaining the decision to extend on the colt. “He went for plenty of money, but he really checked all the boxes for us.”

And the yearling is exactly the type of horse that fits the Grandview program.

“We're looking for balance and athletic horses,” Clay said. “He's a picture.”

During Monday's session, Grandview also purchased Hip 35, a colt by Nyquist who bought $400,000.

When asked about the overall market thus far, Clay added, “I think the energy here is great. And I think it'll get stronger as the sale goes on. There are a lot of people here and plenty of money around. And that's the result of a really good catalogue.”

In 2013, Clay sold Three Chimneys to Goncalo Borges-Torrealba before returning five years later under the Grandview banner, for which he is the general partner and manager. Included in the enterprise are partners Cheyenne Stable's Everett Dobson and the Roth family's LNJ Foxwoods.

Despite its relatively recent appearance on the scene, Grandview has enjoyed a banner year in 2023 with this season's Kentucky Derby champion Mage (Good Magic).–@CbossTDN

Stewart Stocking Up

John Stewart, who made his first racehorse purchase at the September sale last year, came back to the auction in a big way Monday, ultimately purchasing seven yearlings. Stewart, the founder and managing partner at MiddleGround Capital, made his biggest purchase when going to $1 million for a colt by Into Mischief (hip 147) consigned by Eaton Sales. Out of Halo Humor (Distorted Humor), the bay is a full-brother to Practical Joke.

“Practical Joke has come on massively this year,” agent Gavin O'Connor said. “He's just come out with so many good horses–Practical Move and Ways and Means was second in the GI Spinaway S. a couple of weeks ago. He's had some really impressive winners. Into Mischief is a sire of sires, we got one earlier, we loved him and we loved this horse physically as well. We have a superstar colt that if he goes on to the top level, it's a huge opportunity.”

Once O'Connor was done extolling the yearling's virtues, Stewart asked, “Now, do you want the true story?

“The true story was this horse wasn't on the list,” Stewart admitted. “And Gavin was shipping our other horses and I texted him and said, 'Gavin, I just bought Practical Joke's brother for $1 million.'”

Bred by SF Bloodstock and Tuscany Bloodstock, hip 147 was purchased by Clover Leaf Stables for $350,000 at last year's Fasig-Tipton November sale.

Stewart, alongside agent O'Connor and manager Chelsey Stone, had already acquired a son of Into Mischief earlier in the session when going to $800,000 to acquire hip 83.

“Just from the moment I saw him, I thought he was an amazing representation of the stallion,” O'Connor said of that yearling. “The one word I wrote down on the page was 'wow.' I have seen so many Into Mischiefs and there are one or two that really stand out like he did and you just know that they are a 'wow' horse. That price indicates the wow I felt at the time.”

The colt, consigned by Clearsky Farms, is out of graded winner Daisy (Blame) and is a half-brother to multiple stakes winner Botanical (Medaglia d'Oro).

“He looks like he has a stallion's pedigree,” O'Connor said. “He's a great big physical. We will be looking for an exciting future for him going into racing. He will most likely go to Michael McCarthy. We will keep him here in Kentucky with options to go west. We will keep open our channels to the Northeast and Florida, so we will have plenty of options.”

In addition to his two sons of Into Mischief, Stewart also purchased a colt by Constitution (hip 135) for $850,000; a colt by Curlin (hip 49) for $650,000; a filly by Uncle Mo (hip 45) for $350,000; a filly by American Pharoah (hip 129) for $350,000; and a colt by Omaha Beach (hip 177) for $350,000.

“We are starting our own farm,” he said. “We have a few more on the agenda. I have the easy part. Gavin and Chelsey do all the research. And I just buy them. We knew exactly what we were coming here for and what we would be leaving here with.”

Of his involvement in racing, Stewart said, “We bought our first filly here last year. I've been in Lexington for a long time and I've always wanted to get involved in the sport. I was married and my ex wouldn't let me get involved. We got divorced, so I got into horse racing.”

Last year, Stewart purchased Shiloh's Mistress (Vino Rosso) for $235,000.

Of his determined bidding style, Stewart said, “I'm not a bidder. I'm a buyer. Once I decide I'm going to buy a horse, I'm buying it. We are just trying to put bullets in the chamber because you got to have a lot of reps to potentially to get a horse in the Derby and that's what we are going to try to do.”

He added, “I do this everywhere I go. I was in Pebble Beach to buy a car and I bought 12. I don't do anything halfway.” @JessMartiniTDN

Curlin Colt a Sharp Purchase

George Sharp admitted he thought it was a bargain when he purchased a full-brother to GI Florida Derby winner Known Agenda (Curlin) for $280,000 at the Keeneland January Horses of All Ages Sale earlier this year. He was proven right when the yearling returned to the Keeneland sales ring Monday as hip 49 and sold for $650,000 to Gavin O'Connor, agent for John Stewart.

“The plan was to resell if I got the right amount of money,” Sharp said. “And I got the right amount of money. I can't complain about 120% in eight months.”

The yearling, who was consigned by Taylor Made Sales Agency, is out of Byrama (GB) (Byron).

Of the colt's appeal in January, Sharp said, “Obviously, the pedigree was outstanding. Curlins are probably the hottest things out there. He looks exactly like his brother–a 95% twin. At $280,000, I thought it was a steal. I was prepared to go to $400,000.”

Since January, the yearling, “has matured a ton and he still has some maturing to do,” Sharp said. “But he's grown. In the last six weeks, he's really come into himself. He is still a little immature. He has to get his mind a little straighter, but I would have no problem holding on to him.”

Sharp campaigns the likes of multiple stakes winner Front Run the Fed (Fed Biz), but admitted he had no problem letting the yearling sell Monday.

“No regrets,” he said. “I never regret making money.” @JessMartiniTDN

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Different Hats Keep McDonald Ever Hopeful

Perhaps it is called the Hopeful Stakes because that's the most anyone can ever be with a Thoroughbred. But if nearly any purchaser at Keeneland over the next couple of weeks would like to be contesting that race, a year from now, then one consignor might give them not just hope but something closer to confidence.

Okay, so a trifecta for Eaton Sales graduates in the Saratoga Grade I last year featured only the winner, Forte (Violence), from the 2021 Keeneland September Sale. Runner-up Gulfport (Uncle Mo) and third Blazing Sevens (Good Magic) were respectively sold through the Eaton drafts at Fasig-Tipton's July and Saratoga Sales. Nonetheless it was an achievement all the more remarkable for the fact that champion juvenile Forte and Blazing Sevens, subsequently runner-up in the GI Preakness, were both pinhooked through Reiley McDonald's own farm, Athens Wood LLC.

Another complement to his supervision of a flagship sales agency, moreover, is the band of around 20 broodmares resident there. These diverse silos help McDonald to stay tuned into the marketplace from every side, but bring much satisfaction besides. One of those mares has produced Defunded (Dialed In) to win another Grade I this year, in the Hollywood Gold Cup. Only last weekend McDonald had winners in his own silks at Saratoga and in a stakes at Colonial Downs, while last month he co-bred a €1 million Wootton Bassett yearling sold at Arqana.

Such is the constant action resulting from the long experience that has brought us to McDonald's office in downtown Lexington. And while there's an intensity here, for sure, it is accompanied by a breadth of perspective that also permits a fulfilling life away from the business. (McDonald, indeed, typically spends half his year with his partner, Cricket, in Connecticut.)

“That was unbelievable,” he acknowledges, when reminded of his Hopeful achievement. “But really, I've done this so long, I don't get too excited, don't jump up and down, because there are so many that don't work out-you have to take the good and bad just the same.” He pauses and chuckles. “And, of course, we only just about broke even on Forte!”

Every year, with a couple of partners, McDonald pinhooks a dozen or so weanlings. Having found Forte for $80,000 at the preceding November Sale, they had to settle for $110,000 from Repole Stable & St. Elias when bringing him back to the same ring.

“Forte is one of the prettier horses you'll ever see, but at that time nobody wanted a Violence,” McDonald recalls. “And then Jacob West walked up, right as he was going into the ring, and said, 'What's your reserve?' I told him he had to bring more than a hundred. All those brilliant horsemen, and it came down to just one guy, one bid.”

Reiley McDonald (left) with Scott Dilworth | Keeneland

But such are the vagaries of this business-and such, duly, is McDonald's achievement, over the past 28 years, in maintaining both quality and quantity since taking on the game-changing agency founded by Lee Eaton.

He has actually started to scale back somewhat, having concluded that sheer volume is nowadays less sustainable. As he says, it costs as much time, labor and administration to sell a horse for $2,000 as for $2 million. Eaton Sales still has over 100 yearlings catalogued at Keeneland, but there have been times when they might have processed as many as 350 at that sale, following maybe 50 at Saratoga.

“That was a dangerous managerial feat and I don't think anybody can pull it off,” McDonald says. “It's so hard to find the help now. I really do worry about the animals, with the kind of help that's out there. And these days, if you're selling a horse for, call it $50,000 or less, you're losing money. Because some of the consignors have cannibalized themselves, reducing fees to a point where there's very little profit margin at the end of the day.”

By the time Eaton (and partner John Williams) stepped down, quite apart from a formidable address book, McDonald could feel no less grateful for his mentorship.

“Lee was like so many people who are successful in business,” McDonald reflects. “He worked hard, and demanded that the people around him worked hard. And he really was smart, always thinking of how you might do things differently, and better. He made it a much more professional business. The 'good old boy' stuff went out the window. The big parties before the July Sale, I mean, we never really did that. We just stuck to trying to make that horse look as good as it could. That was the whole thing: how do you present the horse?

“It used to be the old 'baggy pants' off the farm. But Lee hired all these guys from Virginia who would come in with their creased pants, and they really knew how to show a horse. And suddenly smart guys like Ed Cox, even Warner Jones as good as he was, started to sell with Lee. When you walked into his courtyard at Saratoga or Keeneland, it was definitely different: very clean, very professional–like they all are now. He really did set the standard.”

No less crucially, there were also corresponding advances in preparation, heeded to this day by McDonald.

“He decided to build huge run-in sheds and turn his horses out,” he says. “He was the first to do that. He didn't bring them up in the winter. And I follow the same program. Now, if it's a horrible, icy wet night, we bring everything in, and he would too. But they were out 99 percent of the time. And he developed his own feed. We've modified it over the years, but I still feed the same cubed feed.

“He was very good about horses' weight, getting the proper conditioning to each yearling-which is something that surprisingly few people do well. Back in the day, people wanted yearlings to be almost obese. Lee started to make them look more like racehorses.”

Before joining Eaton, McDonald had spent 10 years under John Finney at Fasig-Tipton, gaining a comprehensive insight into the market. Under head inspector Bobby Powell he learned the optimal physique of a commercial yearling, and as sales announcer he came to understand the functioning of the marketplace itself. “At the time John Finney was probably the smartest guy in the business,” McDonald says. “That's where I really learned about the business of horses, valuations, matings.”

There were other paths McDonald might have taken, having studied Animal Science at Cornell (where he captained the lacrosse team), but he has basically been working with horses since he was 13. The family had moved to the country, the kids got a pony, there was a horse farm down the road. He went to school five minutes from Pimlico, and would run in “smelling of manure and throwing on a tie to get to assembly.” The teenage McDonald then cut his racetrack teeth under Maryland hardboot B. Frank Christmas.

Tom Van Meter | Keeneland

“He was one of the real old-timers,” he recalls. “Quite a crusty character, always chewing tobacco and spitting, always with the hat and the coat on. He was a trainer, but also had a farm and a stallion. We were breeding mares, we were breaking all our horses, we legged up everything on the farm.”

One way or another, then, the young man who took over the sales agency had plenty of miles on the clock. “Then Tom Van Meter bought a 20 percent interest, and he was my partner for about 20 years,” McDonald says. “Tom was a vet, he was sort of the country boy while I was more the city boy. So we had different sets of clients, and that worked for a long time. But that's when the business was huge. We were doing too many horses.”

In admitting as much, and with Eaton having been such a trailblazer, does McDonald sometimes feel that he has helped to create a monster? This, after all, has become an industry where horses are routinely exploited through several investment cycles before they get anywhere near the gate.

“I feel like I've probably overseen the sale, personally, of more horses than anybody,” he replies. “Which, the last couple of years, doesn't make me the proudest guy in the world. Because I really feel like our business has deteriorated a good bit. And I don't mean just the selling business, but the racing, to a large extent.

“I think often we interfere way too much with these horses. By 'we' I don't mean us, I mean the industry. The more I learn and observe about what's happening on the tracks, the more disappointing I find it. And we're losing fans, and alienating the non-horse public.”

This conversation, it should be noted, took place before the recent traumas at Saratoga. In other words, McDonald was already thinking in terms that have meanwhile come to feel imperative. He feels that the spirit of reform behind HISA is vital, albeit that early mistakes were made: overreaching, not consulting adequately. “I think the trainers got a double whammy,” he says. “They didn't have a lot of say in it, and then a lot of the responsibility was put onto them. But we need HISA and it will get better–as it has to. Like anything worth doing, it needs time and we all need to work on it.”

Nor does he feel that the current use of the crop can last. (“Three strikes and you're out,” he recommends. “One to start, one to steer, one to finish.”) But for all the challenges we face, the magic of the horse itself abides. That's where every fulfilment begins–and many opportunities, too. Standing in the back ring at the 2016 Keeneland November Sale, for instance, McDonald saw a Touch Gold mare led past.

“Oh, she's really pretty,” he murmured to himself. In fact, she reminded him of Scarlet Tango, a mare he had once found in the same ring for $35,000. Five years later, having meanwhile produced GI King's Bishop winner Visionaire (Grand Slam), he sold her on for $850,000 to Stonestreet.

“I can't afford to buy a whole package: race record, pedigree, everything,” McDonald says. “But I can buy looks.” While this mare actually had multiple stakes placings, she cost barely more than Scarlet Tango at $37,000. And Wind Caper is now dam of Defunded, sold for $210,000 at Keeneland September in 2019 and hitherto winner of $1.6 million.

Defunded | Benoit

“I don't breed the fanciest pedigrees,” McDonald says. “But they come up to that little farm and do really well. It was a cattle farm for 300 years, all with the same family. It was about to be developed into 10-acre 'piano-key' lots when four other guys and I bought it. I kept 120 acres, and it's just great land. It's heavy in limestone, it's been fertilized for hundreds of years. And I kind of stick to the old 'leave' formula: leave them out, leave them alone, just keep an eye on any problems creeping up.”

“They're well raised, and the guys have been on the farm for years. Chuchie has been with me 35 years, was on the old Eaton Farm when he was 18. These are the best guys I've ever seen with foals, it's magic to watch their hands.”

But many of the elite performers whose photos are crammed onto the walls have obviously come through the core business of the agency. And here, McDonald says, how you handle people counts for at least as much as how you do horses. Before anything else, he needs to understand his clients' risk tolerance: where they might have slack, when they might race a horse, and so on. Because the market itself is never predictable. Neither Hard Spun nor Omaha Beach made their September reserves, for instance, McDonald eventually persuading the late Rick Porter to take both. (“You're now about $60 million to the good from those two horses,” he told Porter later. “Don't you think I should get a share?” Porter replied: “On the next one!”)

Unique Bella, the daughter of Tapit and Unrivaled Belle (Unbridled's Song), had over 160 shows at the 2015 September Sale and was not vetted once.

“So, you got the best horseman from around the world looking at this filly,” marvels McDonald. “She toed in a little bit, and had a $399,000 reserve. And one person runs up to me, right as she's walking into the ring, and says, 'Can I see the vet report?' And runs back inside. There was one bid at $400,000, and it happened to be Carlos [Heller] at Don Alberto. And look what he got: one of the great mares of that decade. She was gorgeous. So sometimes it just blows your mind.”

Unique Bella and Hard Spun were both bred by Betty Moran, owner of Brushwood Stables, who became another cherished influence.

“An angel was on my shoulder the day I bumped into her, in 1991, and she told me she'd just lost her general manager,” McDonald recalls. He volunteered for the role and they worked together for nearly 30 years, perhaps their most memorable moment actually being with a steeplechaser, Papillon (Ire), in the 2000 Grand National. “Mrs. Moran only wanted to compete at the highest level,” McDonald notes. “And we built and maintained one of the best 20-head broodmare bands in the country. She was a best friend, confidante-and tough boss!”

That highest level, however, is never always confined only to the top of the market–and that, of course, is what drives the whole business.”

“How about Victory Gallop, who I sold many moons ago for $25,000?” says McDonald. “He had a chip in a stifle, and three ankles. Pug Hart bought him and said, 'I can't keep this horse.' This was before the repository. And I said, 'Well, essentially, he's sold, but let me talk to the owner.' And he agreed to take $10,000 off. So, they got Victory Gallop for $15,000! But I could count so many good horses that [apparently] had big, big problems. I purchased Mitole for very little [$20,000 September yearling] because he had a lot of writing on the vet report, but he was a horse of exquisite conformation.”

Kenny McPeek | Sarah Andrew

Like many experienced consignors, McDonald reckons to know buyers' tastes well enough to pull out a horse they haven't even asked for. “The only guy I still can't figure out is Kenny McPeek!” he admits. “He has bought so many good horses through auction, and I still don't know what he looks for. But that's really what puts it all together for us: knowing both sides, the seller and the buyer. And that takes a long time to do. That's why anybody who wants to get into the consignment business, you have to be willing to get on an airplane, to be everywhere and see everyone.”

While he isn't comfortable with everything about the industry, or the way it has changed over the past 40 years, McDonald emphasizes an undiminished passion for the sport.

“We've got a lot of hard work to do, but there are still great parts to it,” he says. “I do feel blessed to have been able to do what I have. It all comes from being hands on. My favorite thing I ever did in my life, and the thing I was best at, was on top of a horse. You learn so much if your hands have learned to absorb what the animal is telling you. Even today I love showing a horse at the sales.

“I don't know, I just love this animal. It's incredible. I mean, last night I was walking around the foals, just thinking how lucky I am, to be in that moment, with these beautiful little animals coming up to you. I still love it.”

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