TDN Derby Top 12: Forte Vs. Everyone Else

Only one contender within the Top 12 was in action last week. But Sunday's news about 'TDN Rising Star' Arabian Knight (Uncle Mo) being declared off the GI Kentucky Derby trail left a void within the top tier that widens the gap between the juvenile champ and a cast of aspirants aiming to define themselves at longer distances.

1) FORTE (c, Violence–Queen Caroline, by Blame) 'TDN Rising Star'. O-Repole Stable and St. Elias Stable; B-South Gate Farm (KY); T-Todd Pletcher. Sales history: $80,000 Wlg '20 KEENOV; $110,000 Ylg '21 KEESEP. Lifetime Record: Ch. 2yo Colt, MGISW, 6-5-0-0, $1,833,230. Last start: 1st GII Fountain of Youth S. at Gulfstream Mar. 4. Kentucky Derby Points: 90.

Forte is the kingpin as we edge toward the seven-week mark to the Derby. We would have to see a vibrantly unexpected stakes performance from some other contender(s) between now and Apr. 8–the last of the nine-furlong points preps–in order to trigger a significant shake-up atop the current rankings.

Strong challengers emerging from the pipeline aren't outside the realm of possibility–plenty of Derby winners bloom late. But with so many horses on the Derby trail light on overall experience, any big, unforeseen upsetter in a late-season prep would likely head to Louisville with the public having doubts about their true position in the pecking order. Conversely, even if Forte doesn't shine in his final prep, he will still be given a measure of respect by bettors based on his overall body of work.

This 'TDN Rising Star' has only one loss in six starts, and you have to go all the way back to last July to find it (fourth as the beaten fave in the GIII Sanford S. at Saratoga). Since then he's done nothing but win graded stakes, at seven furlongs (GI Hopeful S.) and three times over 1 1/16 miles, including the GI Breeders' Futurity S., GI Breeders' Cup Juvenile, and in his 3-year-old return, the GII Fountain of Youth S.

Forte's lanky athleticism, stalking prowess, and far-turn blast-off ability have been on full display in each of his two-turn races, and trainer Todd Pletcher is leaning toward the Apr. 1 GI Curlin Florida Derby at Gulfstream as Forte's final tightener.

One quirk, though: All three of Forte's route wins have come on tracks with short-stretch configurations that end at or just beyond the sixteenth pole. Will roughly an extra half a furlong in the home straight make any difference? Probably not based on the way Forte has authoritatively uncoiled through the lane. But a good chunk of the Top 12 contenders ranked beneath him are off-the-pace closers who figure to improve at nine and 10 furlongs, and that sort of multi-attack, firing-line stretch fight is something Forte has yet to encounter.

2) PRACTICAL MOVE (c, Practical Joke–Ack Naughty, by Afleet Alex) O-Leslie & Pierre Jean Amestoy & Roger Beasley; B-Chad Brown & Head of Plains Partners (Ky); T-Tim Yakteen. Sales history: $90,000 RNA yrl '21 KEESEP; $230,000 2yo '22 OBSAPR. Lifetime Record: MGSW, 6-3-1-2, $434,200. Last Start: 1st GII San Felipe S. at Santa Anita Mar. 4. Kentucky Derby Points: 60.

Practical Move's decisive win in the GII San Felipe S. (100 Beyer Speed Figure) was a huge coming-out party considering the race was his 3-year-old debut and his juvenile form was built around him inheriting a maiden win via DQ and a GII Los Alamitos Futurity score when this colt was a 10-1 outsider against four foes of dubious quality.

Apparently, I misread the tea leaves prior to the San Felipe. But now, looking at Practical Move's overall juvenile season, I can see a developmental arc that is more positive than I initially gave him credit for. (Yes, hindsight is the great friend of all Derby prognosticators.)

For starters, this son of Practical Joke packed in five starts in roughly a four-month span, which, although they did not produce breakthrough results at the time, should provide a stable foundation that will aid him in the long run.

He also ran into a combination of hot horses and bad trip luck–second behind the highly hyped 'TDN Rising Star' Cave Rock (Arrogate) in his 24-1 debut; some bumping and rough-housing in starts two and three, and then being outgunned by one-turn specialist and subsequent Grade II stakes winner Havnameltdown (Uncaptured) in the seven-eighths GIII Bob Hope S. at Del Mar. Yet in none of his adversity-tinged defeats at age two was Practical Move worse than third.

Last week on “At the Races with Steve Byk,” trainer Tim Yakteen described him as a big, “very straightforward” colt who never gets discouraged.

“It's very likely that I'll come back with Practical Move in the [Apr. 8 GI] Santa Anita Derby,” Yakteen said. “He's run well on the track, and that will probably be the best scenario for us. But I didn't want to etch anything in stone and [instead I'll] leave myself the options. Because fortunately, there are a number of options that we can take advantage of. It's just a matter of how many weeks I want [between starts] and where I want him to be. But ideally, I'll run him out of his own stall.”

3) TAPIT TRICE (c, Tapit–Danzatrice, by Dunkirk) 'TDN Rising Star' O-Whisper Hill Farm LLC and Gainesway Stable (Antony Beck); B-Gainesway Thoroughbreds Ltd. (KY); T-Todd Pletcher. Sales history: $1,300,000 Ylg '21 KEESEP. Lifetime Record: GSW, 4-3-0-1, $100,150. Last start: 1st GIII Lambholm South Tampa Bay Derby at Tampa Bay Downs Mar. 11. KY Derby Points: 50.

Did you come away with a “glass half full” or “glass half empty” vibe after watching 2-5 favorite Tapit Trice snatch victory from the jaws of defeat with a last-to-first run in the GIII Lambholm South Tampa Bay Derby?

This son of Tapit's habitual slow-to-go style (fourth flat-footed break in as many races) almost cost him dearly. But the pace was fast and the competition was notches below what this 'TDN Rising Star' will encounter in Louisville, enabling him to pass every horse in the field of 12 with a nine-wide rush while encountering little serious resistance.

Yes, Tapit Trice got the job done by overcoming some self-created trip adversity. But the visual of jockey Luis Saez having to hustle and pump on Tapit Trice at multiple points in the race will linger when assessing his chances in the 20-horse Derby, where positioning is crucial. You don't necessarily have to be winging it on the front end, but the Kentucky Derby has been won by speed-centric, forwardly placed types in eight of the last nine years.

Tapit Trice's Tampa Derby grade rates as an “incomplete” in terms of overall progression. But this long-striding colt's first three races were so replete with eye-catching, positive attributes and an unruffled, confident demeanor that it doesn't make sense to dock his chances too severely because he didn't win a March prep with astounding dominance.

And hearing trainer Todd Pletcher say in the aftermath of the win that the colt will likely get a nine-furlong try in the GI Toyota Blue Grass S. is certainly more reassuring than hearing that Tapit Trice would spend eight weeks training up to the Derby.

Speed-figure gurus might not be too enthused about the 88 Beyer (four-point regression) Tapit Trice posted, and that's a valid concern. But this colt hit his best stride through a closing sixteenth in :6.14, and that's the fastest final-half-furlong clocking from 16 Derby qualifying points stakes run at 1 1/16 miles in 2022-23.

4) GEAUX ROCKET RIDE (c, Candy Ride {Arg}–Beyond Grace, by Uncle Mo) O-Pin Oak Stud LLC; B-OXO Equine LLC (Ky); T-Richard Mandella. Sales history: $350,000 yrl '21 FTKJUL. Lifetime Record: GSP, 2-1-1-0, $120,200. Last Start: 2nd GII San Felipe S. at Santa Anita Mar. 4. Kentucky Derby Points: 20.

In just his second career start and first around two turns, Geaux Rocket Ride was narrowly favored in the betting for the San Felipe S., closing at 2.7-1 odds.

That respect on the tote board said a lot about this speed-oriented son of Candy Ride (Arg). But it also spoke volumes about the public's confidence in trainer Richard Mandella, who is known for his judicious approach with young horses.

Although Geaux Rocket Ride finished second, without question he turned in the best runner-up effort we've witnessed in any 2023 Derby prep. He forced the issue on the front end of a robust tempo yet still managed to finish with purpose behind the much more experienced Practical Move. That combination of early torque matched with still-developing staying power is an attribute you don't see often in second-time-starters.

Jim and Dana Bernhard, who in autumn took over as the new owners of Pin Oak Stud, confirmed in a Twitter post four days after the San Felipe that the Santa Anita Derby will be next for their top sophomore.

Since 1900, 25 horses have attempted to win the Derby off exactly three lifetime starts. Only three have won: Justify in 2018, Big Brown in 2008, and Regret in 1915. Beyond those three, only one of the remaining 22 managed to hit the board (Curlin, third in 2007).

5) ROCKET CAN (c, Into Mischief–Tension, by Tapit) O-Frank Fletcher Racing Operations Inc.; B-Woodford Thoroughbreds LLC (KY); T-Bill Mott. Sales history: $245,000 RNA Ylg '21 FTSAUG. Lifetime Record: 5-2-1-0, $249,738. Last Start: 2nd GII Fountain of Youth S. at Gulfstream Mar. 4. KY Derby Points: 40.

Rocket Can, an Into Mischief gray with six starts, turned the corner on Oct. 30 when first tasked with two-turn races. Yet both his trainer, Bill Mott, and jockey, Junior Alvarado, have acknowledged this colt still has some maturing to do.

Alvarado said Rocket Can got upset for unknown reasons in the post parade of the Fountain of Youth S. at Gulfstream prior to running a decent second, 4 1/2 lengths behind Forte.

Mott concurred in the post-race interview.

“He broke awfully sharp,” Mott said. “He was a little geared up in the post parade. He was a little more wound up than I actually like to see him. I was hoping he wouldn't get too excited, but he still looked like he ran his race.”

Rocket Can was credited with a 91 Beyer, which, in theory at least, turns down the heat on some of the criticism this colt faced for running back-to-back 82 Beyers and not advancing, numbers-wise, between a second-place try in a Nov. 26 allowance at Churchill and winning the GIII Holy Bull S. at Gulfstream Feb. 4.

But speed figures never tell the entire story. Rocket Can gave up real estate on both turns of the Holy Bull while always within striking distance of the leaders, and the stretch runs in all four of his two-turn races have been characteristically strong (two wins, two seconds, never shying from engagement).

6) RED ROUTE ONE (c, Gun Runner–Red House, by Tapit) O/B-Winchell Thoroughbreds, LLC (Ky); T-Steve Asmussen. Lifetime Record: GISP, 7-1-2-1, $492,575. Last Start: 2nd in Feb. 25 GII Rebel S. Kentucky Derby Points: 33.

Although trainer Steve Asmussen said after Red Route One ran second in the GII Rebel S. that he was toying with the idea of stretching out his son of Gun Runner to 1 3/16 miles in the Mar. 25 GII Louisiana Derby, owner Ron Winchell confirmed to TDN via text message Saturday that the nine-furlong Apr. 2 GI Arkansas Derby is the more likely landing spot.

Red Route One, who just turned three Mar. 12, has twice run second in Oaklawn prep stakes this season, earning his two best lifetime Beyers in the slop (87 then 92). His lone victory came back on Sept. 5 over the Kentucky Downs turf course.

Can a Derby contender who's never won on dirt still be considered a realistic threat in mid-March? In 2023, the answer appears to be yes, because anything unconventional seems to be a “go” these days on the Derby trail, whether it's race spacing getting stretched beyond historic norms or horses with just a couple of starts being regarded as adequately seasoned.

So you can take your pick among horses who've won over dirt but have just had two, three or four lifetime starts. Or you can try your luck (at far higher odds) with a deep closer like Red Route One, who has never tasted victory on dirt but whose fairly sturdy base of races includes seven lifetime starts, all at a mile or longer.

7) INSTANT COFFEE (c, Bolt d'Oro–Follow No One, by Uncle Mo) O-Gold Square LLC; B-Sagamore Farm (Ky); T-Brad Cox. Sales history: $200,000 yrl '21 KEESEP. Lifetime Record: MGSW, 4-3-0-0, $442,815. Last Start: Won Jan. 21 GIII Lecomte S. at Fair Grounds. Kentucky Derby Points: 32.

Instant Coffee, by Bolt d'Oro out of an Uncle Mo mare, will target the Mar. 25 GII Louisiana Derby off a 63-day layoff. According to DRF's Formulator, trainer Brad Cox over the last five years has won at a 23% clip (from 193 starts) with all layoff returnees between 60 and 70 days. His strike rate is also 23% (40 starts) when the filter is set to show the same layoff parameter for only his graded stakes starters.

For 3-year-olds coming back in the 60- to 70-day range at any class level, Cox's win rate is 20% (51 starts). The much narrower filter of 3-year-old 60- to 70-day layoff males in graded stakes dips to 1-for-9 (11%), and that lone winner was in a 2018 Grade III grass stakes at now-defunct Arlington.

This $200,000 KEESEP colt is an overland closer with a 3-for-4 record, and Cox has described this Grade II and III winner as being a light-on-his-feet type whose body language and stride suggest he can get 10 furlongs.

Instant Coffee's Beyers are a touch unpredictable (85-81-82-92 pattern), with that curious dip after his seven-furlong debut win at Saratoga being followed by a 10-point jump in his first sophomore start in New Orleans.

Still, Instant Coffee manages to finish most of his races by posing for a picture in the winner's circle, so he must be doing something right. His only defeat was five months ago against the eventual divisional champ, Forte.

8) CONFIDENCE GAME (c, Candy Ride {Arg}–Eblouissante, by Bernardini) O-Don't Tell My Wife Stables; B-Summer Wind Equine, LLC (Ky); T-J K Desormeaux. Sales history: $25,000 yrl '21 KEESEP. Lifetime Record: GSW, 7-3-1-2, $785,525. Last Start:  Won Feb. 25 GII Rebel S. at OP. Kentucky Derby Points: 57.

Trainer Keith Desormeaux told DRF.com last week that the upsetter of the Rebel S. is in “steady light training” at Fair Grounds while he mulls options for the colt's next start. The Arkansas Derby, Blue Grass S., and even just training straight up to the Derby are all under consideration for Confidence Game. That last option would mean a 10-week gulf between starts.

Desormeaux told DRF that it took Confidence Game “a little longer than usual to recover from that race,” noting that having to ship from cool weather in Hot Springs back to 80-degree days in New Orleans didn't help the post-race recovery process.

Confidence Game, an efficient-striding son of Candy Ride (Arg), sports a seven-race foundation that includes five routes.

The 94 Beyer he earned in the slop at Oaklawn was a 14-point leap off his previous effort, and Confidence Game capitalized by closing from mid-pack into a too-hot pace.

9) KINGSBARNS (c, Uncle Mo–Lady Tapit, by Tapit) O-Spendthrift Farm; B-Parks Investment Group (Ky); T-Todd Pletcher. Sales history: $250,000 yrl '21 FTSAR; $800,000 2yo '22 FTMAR. Lifetime Record: 2-2-0-0, $57,300. Last Start: 1st AOC at Tampa Bay Downs Feb. 12. Kentucky Derby Points: 0.

Considering he's 2-for-2 and was well-regarded at the sales, Kingsbarns is an under-the-radar sort. Part of that perception has to do with his trainer, Todd Pletcher, having three other horses ranked within the current Top 12, including at the Nos. 1 and 4 spots with Forte and Tapit Trice.

This son of Uncle Mo (out of a Tapit mare) will attempt to parlay a Gulfstream MSW mile win and a Tampa allowance score over one mile and 40 yards into a points-garnering performance in the Louisiana Derby, which will likely be his only crack at a Derby qualifying stakes.

He's had the benefit of reeling in overly ambitious pacemakers in both his tries, but Kingsbarns looked very comfortable when covered up at the fence in his debut before slicing through with a capable late kick that belied his relative inexperience.

10) LITIGATE (c, Blame–Salsa Diavola, by Mineshaft) O-Centennial Farms; B-Nursery Place, Donaldson & Broadbent (Ky); T-Todd Pletcher. Sales history: $370,000 yrl '21 KEESEP. Lifetime Record: GSW, 3-2-1-0, $182,590. Last Start: 1st in Feb. 11 GIII Sam F. Davis S. Kentucky Derby Points: 20.

The thinking with Litigate is that the long Fair Grounds stretch in the Louisiana Derby is going to play to his stalking strengths and his Blame (over a Mineshaft mare) pedigree.

This $370,000 KEESEP buy won at first asking sprinting 6 1/2 furlongs at Aqueduct Nov. 19, reeling in two horses inside the final furlong over what was arguably not his ideal distance. Additional real estate in the form of a Gulfstream one-turn mile Jan. 8 resulted in a second-place allowance try in which Litigate led between calls five-sixteenths out.

Start number three, the GIII Sam F. Davis S. at Tampa, was notable for Litigate being able to clear the field from post 10, responding to rating, then punching home with a far-turn bid during a driving rainstorm.

The Massachusetts-based partnership Centennial Farms has a decades-long track record of not rushing young prospects. The syndicate's teaming with trainer Todd Pletcher is relatively new, starting with Litigate himself.

Litigate does need to improve his Beyers (76-80-77) to be considered a true Derby contender. His company lines also have looked soft over time, with the horses from all three of his races running an aggregate 1-for-18 in next-out races.

11) SLIP MAHONEY (c, Arrogate–Got Lucky, by A.P. Indy) O-Gold Square LLC; B-Hill 'n' Dale Equine Holdings & Philip Steinberg (Ky); T-Brad Cox. Sales history: $150,000 yrl '21 KEESEP. Lifetime Record: GSP, 4-1-2-0, $126,100. Last Start: 2nd in GIII Gotham S. at Aqueduct Mar 4. Kentucky Derby Points: 20.    Slip Mahoney required three tries to break his maiden, but he's been quietly rounding into form at Aqueduct this winter.

He won the “race within the race” when slow from the gate and second best with a big late burst behind a 7 1/2-length winner in the GIII Gotham S., and he lost two of his MSW starts despite decent efforts behind No. 3-ranked Tapit Trice and No. 10-ranked Litigate.

Trainer Brad Cox said after the Gotham that the GII Wood Memorial Apr. 8 would be next.

This $150,000 KEESEP buy is one of four gray horses currently classified in the Top 12.

Since 2005, 36 consecutive grays/roans have gone to post and lost the Derby since the last gray, Giacomo, roared home at 50-1.

12) REINCARNATE (c, Good Magic–Allanah, by Scat Daddy) O-SF Racing LLC, Starlight Racing, Madaket Stables LLC, Robert Masterson, Stonestreet Stables LLC, Jay Schoenfarber, Waves Edge Capital LLC & Catherine Donovan; B-Woods Edge Farm (Ky); Tim Yakteen. Sales history: $775,000 yrl '21 KEESEP. Lifetime Record: GSW, 6-2-3-1, $231,900. Last Start: 3rd in the GII Rebel S. at Oaklawn Feb. 25. Kentucky Derby Points: 15.

Reincarnate has never been off the board from six starts, all at a mile or longer.

His GIII Sham S. win (95 Beyer) back on Jan. 8 was a good example of his evolving force-the-issue tactics on the front end. A large-framed colt with a long stride, Reincarnate waited on horses, but dug in and fought back once company came calling.

Last time out, in the Feb. 25 Rebel S., this $775,000 KEESEP colt shipped to Oaklawn from his Southern California base and caught a sloppy, sealed  track for the first time. Reincarnate got shuffled back at the break, advanced into contention mid-race, then lost momentum late when checking out of a tight spot. Still, he managed third (90 Beyer).

A return trip to Hot Springs for the Arkansas Derby looms as Reincarnate's likely next start.

The post TDN Derby Top 12: Forte Vs. Everyone Else appeared first on TDN | Thoroughbred Daily News | Horse Racing News, Results and Video | Thoroughbred Breeding and Auctions.

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James, Longoria Back for More at OBS

Hotelier Greg James, who has over two decades of pinhooking under his belt, will be looking to follow up on a career year in the sales arena when the 2-year-old auction season opens next week with the Ocala Breeders' Sales Company's March Sale. James, with consignor Jesse Longoria, will offer six juveniles at the three-day auction, led off by a New York-bred son of Laoban (hip 79) who is scheduled to work during Tuesday's first session of the sale's under-tack show.

“So far, Jesse is very optimistic,” James said of expectations for his March sextet. “We've got a nice New York-bred Laoban that he likes and we have a couple other horses that he calls push button. That's always a good word to hear around Jesse, that they are push button.”

A native of Louisville, James's interests in racing are multi-faceted. He purchased Benny the Bull (Lucky Lionel) for $38,000 at the 2004 Keeneland September sale. He sold a controlling interest in the future Eclipse Award winner to IEAH Stables and the speedy dark bay went on to win over $2.3 million. James also campaigned multiple graded stakes winner Victor Avenue (Avenue of Flags).

“I was involved in many facets of the game back in the '90s,” James said. “And I was attracted to some returns that I saw pinhookers getting. So I began to invest in different operations in Ocala. I have, off and on, been pinhooking probably about 25 years. My first venture, I think, with Jesse was all the way back in the late '90s. And we've been off and on doing business together since.”

The partnership scored a pair of pinhooking home runs last year when a filly by Shackleford, purchased as a yearling for $40,000, sold for $300,000 at the OBS March sale and a colt by Race Day, purchased for $42,000 as a yearling sold for $475,000 at the OBS April sale.

“It was probably my best year,” James said of the 2022 results. “My highest horse that I ever sold before was $300,000, so the Shackleford replicated that and then the Race Day was certainly my biggest hit ever.”

Asked if his success at the juvenile sales last year made him change his approach at the yearling auctions, James said, “Well, obviously it gives you optimism that success is out there if you partner with the right people and do the right thing. So for me, that's Jesse Longoria. Jesse has always been brutally honest and I think he has an impeccable eye for a horse. So I am quite comfortable letting him spend my money to fund this venture.”

On behalf of James, Longoria purchased 10 yearlings last fall. Following the six scheduled to sell at OBS March, four will be catalogued at the company's April sale.

Working on a budget, the partners focus on the individual over pedigree.

“Jesse and I, we are looking for athletes,” James said. “It's hard for us to buy the pedigreed horses that we want. But we buy athletes and we have had success doing it.”

The colt by Race Day who sold for $475,000 last April is a case in point. Now named Tshiebwe, he was a close-up third in a Feb. 26 Gulfstream Park maiden special weight for trainer Todd Pletcher.

“He just ran third in a maiden special weight going long,” James said of the colt. “So I think there is some future for that horse. He was a little slow getting started, but it looks like they've got him going now.”

The Shackleford filly was purchased by Hideyuki Mori last March and, named Ecoro Ai, she is stakes-placed in Japan.

The highest-priced yearlings in James's March contingent were purchased for $35,000; Hip 79 brought that price at the Fasig-Tipton October sale and at that same price from the same auction were a colt by Mor Spirit (hip 252) and a filly by Take Charge Indy (hip 782). The group also includes a colt by World of Trouble (hip 617) purchased for $30,000 at Fasig-Tipton October; a colt by Frosted (hip 569) purchased for $25,000 at October; and a colt by Anchor Down (hip 608) acquired for $8,000 at Keeneland September.

“I think the most we paid for any yearling was $50,000,” James said. “We have a nice Bolt d'Oro that we were able to get for $50,000 [who will sell at OBS April]. So we are looking for athletes, for racehorses, more than pedigree. If there is some pedigree there, that's great, but we are going to buy the horse first.”

While he enjoyed top-level success in racing in the '90s, James currently has just one horse in training, but that could change soon.

“I only have one horse in training right now, but with the purse structure, racing is becoming more attractive again to me,” James said. “I cut my teeth in this business with claiming horses. And I have been thinking about putting something together and maybe claiming a few more and going back into racing a little heavier because the purse structure allows it now. Racing is tough. We all know that. But if ever there were good opportunities, I think it's now.”

Looking long-term, he did admit to one concern about racing's future.

“My only worries are, are we cultivating new horse racing fans? Slots are great, they have added such great purse money, but I do worry if we are cultivating horse racing fans or just relying on purse money,” James said. “So that's a decision I will have to make as I go forward.”

For James, who owns Radisson Hotel Louisville North, racing and pinhooking provide a pleasing counterpoint to his day job.

“I am in the hotel and shopping center business,” he said. “So this is quite apart for me from what I normally do, but I have always been able to mix the two together and enjoy them. I spend a lot of time at the sales. Jesse has taught me a lot. And I've learned a lot about what a good horse looks like through the years. Bernie Flint trained for me, and in my mind, there is no better judge of horse flesh than Bernie Flint was in his day. I love being around it. The pinhooking gives me a chance to be around it more.”

After their standout 2022 results, can James and Longoria strike again in 2023?

“I don't know,” James said. “You never know in this game what you can do. You have to be good and you have to be lucky. And anybody who says differently is wrong. Because that's what this game takes. It takes good fortune and good hard work.”

The under-tack show for the OBS March sale begins Tuesday morning with hips 1-208 scheduled to breeze. Hips 209-416 will work Wednesday, followed by hips 417-624 Thursday and hips 625-833 Friday. Each session of the show begins at 8 a.m.

The March sale will be held next Monday through Wednesday, with bidding beginning each day at 11 a.m.

The post James, Longoria Back for More at OBS appeared first on TDN | Thoroughbred Daily News | Horse Racing News, Results and Video | Thoroughbred Breeding and Auctions.

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The Week in Review: Handle Falls Sharply Again in February… What’s Going On?

Figures released last week by Equibase showed that U.S. handle declined by 5.21% in February. This comes after handle declined by 7.19% in January. For the year, that's a drop off of 6.22% and, if those numbers hold up throughout the year, total handle will be off by $750 million and the year-over-year percentage decline will be the worst the sport has suffered since 2010.

And it's not just that racing has gotten off to a slow, reversible start this year when it comes to wagering. Whatever is going on, it started in October. Handle was up 2.68% in September and up 1.78% through the third quarter of 2022. Then the numbers took off in another direction and they haven't stopped falling since. Handle was off 4.93% in October, 4.47% in November and 7.52% in December.

Taking a look at the usual factors that affect handle doesn't yield any obvious answers. The average field size so far this year has been 7.66 horses per race, almost identical to the 2022 number, which was 7.67. The total number of races run has actually gone up, from 4,345 to 4,508. But the average amount wagered per racing day is off 8.35%.

This is a mystery not easily solved, but the best guess is that it has something to do with the amount being bet by the Computer Assisted Wagering (CAW) players who received huge rebates from betting outlets like Elite Turf Club, which caters to the biggest bettors in the world. Had something happened to impact the amount they wager that would explain the recent declines?

Maury Wolff, who was a professional horseplayer before retiring and studies betting trends, speculated that some tracks may have raised the host fees they charge Elite and other ADWs. The signal fee is the percentage of every dollar of handle that an ADW or simulcast outlet must pay the host track for the right to wager on that track's races. If host fees go up, the rebates the ADW can offer its players will likely have to drop. A smaller rebate would lead to a CAW player betting less. Information on how much is bet at places like Elite and how much they pay in host fees is a carefully guarded secret.

“There is a possible explanation, but you'll never get to the bottom of it,” Wolff said. “What are racetracks doing when it comes to signal fees? An unreal amount of the total amount bet is driven by Elite and if there have been changes to signal fees, that would reduce handle at Elite. Have signal fees gone up to the shops, and when you are talking about the shops you are talking about Elite? I would be very suspicious of that. They are so much the driver now. Anything that affects them is going to be an earthquake to the business. That strikes me as a possibility.”

But Wolff admitted that his theory amounts to only an educated guess.

“But these are suspicions and suspicions are not facts,” he said.

What's the answer? We're not sure. Neither were a handful of other experts I consulted. But this is something to keep an eye on. One of the good news stories in racing over the last few years is that handle has more than held its own and done so despite the advent of legalized sports betting outside of Nevada. Handle was up by 11.8% in 2021 and, despite the decline over the last three months, down less than 1% in 2022. It looks like that's not going to be the case in 2023, which is off to an inauspicious start.

Why You Should Bet on Hawthorne

It's not easy being Hawthorne Race Course. Though a casino is on its way, as of now, they get no additional funding from slots, etc., and offer purses that are far lower than those found at the top-tier tracks. Because they are obligated to run a harness meet, Hawthorne can offer only a 68-day Thoroughbred meet that ends Sept. 3. Illinois racing misses Arlington Park.

But you can't say that Hawthorne isn't trying. Hoping to attract more business at the current meet, which began Mar. 5, the takeout on win, place and show bets has been slashed to 12%. When it comes to straight wagers, there's no better deal in the sport.

“You have to be aggressive with takeout sometimes,” said Hawthorne Racing Analyst Jim Miller. “Minor drops are always welcome, but we wanted to be really aggressive. Our takeout in the past on these wagers was 17%, so to drop five percentage points to 12% is very significant. We wanted to make a splash and we want to put out a product that people will want to bet on. We want people to focus on our races. We know handle will have to increase to cover what we are losing in commissions with the lower takeout, but in first couple of days of racing we have seen that handle has increased and we are hopeful we will have a very good year.”

Hawthorne is also thinking out of the box when it comes to its racing schedule. They will not race on Saturdays in March, April or May, going with a two-day week that includes racing only on Thursdays and Sundays.

“What we're doing is smart,” Miller said. “Here's a great example. Normally, our opening day would have been last Saturday. That happened to be the same day that you had three major racetracks with Derby preps and three or four other stakes on the card. These are great circuits that people want to watch. You want to see what's going on at Aqueduct, Gulfstream, Santa Anita. We knew that if we threw our card out on that day, we wouldn't handle anymore than $600,000. By shifting that card to Thursday, we handled $1.2 million and that's because there's not as much competition and there is more exposure. We want to put our product out there where the gamblers can see it and see all that we have to offer and see that we are offering a 12% takeout on win, place and show wagers.”

For good reason, horseplayers love to complain about how high the takeout is in racing. The best way to fight back is to support tracks like Hawthorne when they go out of their way to offer the customer a better deal.

Tapit Trice Did Just Fine in the Tampa Bay Derby

Perhaps you were expecting Tapit Trice (Tapit) to win the GII Tampa Bay Derby in a cakewalk. The expectations were high for the grey 3-year-old and they should have been. By Tapit, trained by Todd Pletcher and a $1.3-million yearling purchase at Keeneland September, he forced his way into the conversation for the GI Kentucky Derby with an impressive eight-length win in an allowance race at Gulfstream. He was sent off at 1-2 in the Tampa Bay Derby for a reason, because he looked much better than everyone else on paper.

But nothing came easily for Tapit Trice in his two-length win. He was 11th of 12 down the backstretch and looked beaten when he was still ninth on the far turn and was being hard ridden by Luis Saez. But he kept grinding away and managed to draw clear in the final sixteenth. His Beyer figure, an 88, was nothing to get excited about.

Was his Tampa Bay Derby performance good enough to win the Derby? No. But that doesn't mean he can't win the Derby. At Tampa, he ran like a horse who is still figuring things out. There's one more race to go, the GI Toyota Blue Grass S., and eight weeks to go before he'll get into the starting gate for the Derby for the Hall of Famer Pletcher. Look for a better, more focused horse next time. He should be fine.

The weekend also included a big win by GI Kentucky Oaks winner Secret Oath (Arrogate) in the GII Azeri S. at Oaklawn. Beating a quality filly in Clairiere (Curlin) by 2 3/4 lengths, she couldn't have looked better. It was her first win since the Oaks.

Before the race, trainer Wayne Lukas said his goal for the year was to win an Eclipse Award with Secret Oath. With Nest (Curlin), last year's 3-year-old filly champion, back for another year, that won't be easy. But Secret Oath could not have gotten the year off to a better start.

The post The Week in Review: Handle Falls Sharply Again in February… What’s Going On? appeared first on TDN | Thoroughbred Daily News | Horse Racing News, Results and Video | Thoroughbred Breeding and Auctions.

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A Mo Reay Gives Hunter Valley First Top-Level Victory

When Hunter Valley Farm's Adrian Regan and Fergus Galvin purchased A Mo Reay (Uncle Mo) for $400,000 at last year's Fasig-Tipton November sale, the plan was to add the filly to the farm's broodmare band, but a string of three straight victories in the Hunter Valley colors has postponed that trip to the breeding shed and had the operation celebrating its first Grade I triumph when A Mo Reay scored a dramatic last-gasp victory in the GI Beholder Mile at Santa Anita Saturday.

“Adrian and another partner on the farm, John Wade, they both went out,” Galvin, who enjoyed Saturday's victory from his home in Kentucky, said. “But it was great. It was fantastic. We had a couple of near-misses with Family Way (Uncle Mo), she had a great campaign with Brendan Walsh for two years, showed up in a lot of the Grade I races, but to actually have one get a head in front in our own colors is fantastic. And it was made even better with Adrian and John out there to enjoy it all. Really at the end of the day, that's what it's all about, to be able to enjoy the big days. Everybody works hard in the business and you've got to be able to enjoy the big days.”

A Mo Reay was third in the 2021 GI Frizette S., but had yet to win a stakes race when she went through the ring at Fasig-Tipton last fall. Having spent most of her career on the main track, she came into the sale off a pair of efforts over the turf, finishing third in the Aug. 25 Riskaverse S. and fifth in the Sept. 18 GIII Pebbles S.

“She is a lovely physical,” Galvin said. “Adrian and I were talking and we were saying if she could just win a listed race to go along with her Grade I-placing, it would help her broodmare value down the road.”

A Mo Reay was sent to trainer Brad Cox's Fair Grounds base and duly delivered for the team with a three-length victory in the Dec. 31 Pago Hop S.

“Not long after she went down there, Brad was starting to speak in pretty glowing terms about her,” Galvin said. “So we were getting more and more confident with her as time went on.”

The group's optimism in the filly continued to grow when a trip to Oaklawn Park resulted in a late-closing half-length victory in the Feb. 4 GIII Bayakoa S. Shipped across the country, A Mo Reay was sent off at 7-1 in the Beholder Mile. She rolled up to engage Fun to Dream (Arrogate) at the top of the stretch, only to have the even-money favorite scamper clear. Undeterred, A Mo Reay closed relentlessly to just get her head in front on the line.

Of the dramatic stretch run, Galvin said, “I can't say I was confident, but the way she has finished in her two prior races with Brad, she has done her best work in the last furlong. So I knew she would definitely finish up. It was just a matter of if she could catch Baffert's filly and it was really nail-biting as she just kind of got her at the final jump.”

Hunter Valley came close to Grade I glory a few times last year with Family Way, a filly Galvin purchased on behalf of the farm, Marc Detampel and Debra O'Connor for €150,000 at the 2020 Arqana December sale. The mare was on the board in three Grade I races last term, including a runner-up effort in the GI Rodeo Drive S. in October before selling for $1.45 million at the 2022 Fasig November sale.

Could A Mo Reay's Grade I victory mean a return to the sales ring this coming November?

“It's a bit too early to say,” Galvin said. “She has obviously become a very valuable proposition. We do know that she will definitely race this year and we haven't really discussed anything beyond that. Everything is open at this stage. We just want to enjoy her racing career this year and come up with a plan later on.”

Hunter Valley has been involved in several high-profile purchases of racing age fillies who succeed for their partners both at the track and then again in the sales ring. In addition to Family Way, the operation purchased Caravel (Mizzen Mast), who went on to win last year's GI Breeders' Cup Turf Sprint, for $500,000 at the 2021 Fasig November sale, as well as Shedaresthedevil (Daredevil), who was purchased for $5 million at that same auction before adding another graded victory and a pair of Grade I placings to her resume before reselling for that same figure last year.

“If you do get lucky enough to stumble across the likes of an A Mo Reay or a Family Way, the prize money structure if they are good enough to compete at that level is really fantastic,” Galvin said. “Especially with fillies, you have the residual value. Whether or not she succeeded for us back at the racetrack, we knew A Mo Reay had plenty of broodmare value. It's nice to have a fallback when you buy them with black-type, or Grade I-placing, in her case. She wasn't cheap at $400,000, but at the same time, she had already X amount of broodmare value as it was. There is less risk involved with fillies, and certainly well-bred fillies.”

As for where A Mo Reay may start next, Galvin said, “She came out of [the Beholder] good and she will fly back to her Fair Grounds base the middle of the week. I haven't really had much time to chat with him, but you really don't have to get in Brad's way too much as far as race planning. He is always about two steps ahead of everybody.”

 

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