Tag: thoroughbreds

Q&A With Fasig-Tipton Digital Sales Director Leif Aaron

With the largest Fasig-Tipton online auction to-date underway–counting just over 300 diverse entries in its catalogue–their December Digital Sale is making this one to remember before it closes next Tuesday, Dec. 12 at 11 a.m. ET.

Fasig-Tipton's Director of Digital Sales Leif Aaron took time out of his busy day to discuss with the TDN the numbers, the expectations, comparisons with the physical sales and a whole lot more, as the offerings unfold through the holiday weekend.

TDN: It seems like every digital sale you are announcing a record number of entries! The sheer size of the December catalogue must be a positive? What does that say about the digital climate?

Leif Aaron: Buyers and sellers are becoming increasingly comfortable with the platform. It takes time to change people's buying habits, and obviously, digital sales are very different from a live auction. Digital is being embraced by more and more owners who are conscious of costs, stress on horses and the narrow buying base at the end of marathon auctions.

TDN: The share you are offering in Flameaway (Scat Daddy), do you envisage more and more stallion shares being traded this way? Is this a growing trend? How did this opportunity develop?

Leif Aaron: I think it's actually a case of history repeating itself, many readers will remember the days when Fasig-Tipton did stallion access. In the early 2000's, Fasig-Tipton was selling seasons, shares and options online. We are happy to try things for sellers, but mainly it depends on the stallion, stud farm and the market. Just like the digital auction it must make sense for everyone involved.

I've been begging farms to save me a couple very desirable seasons to auction in February Digital. That way when they have to say 'no' to multiple breeders, they can always offer the option of 'you can buy the last one' in February online. That hasn't gained any traction as of yet and I really am puzzled as to why.

As far as how the Flameaway season came about, Chance Timm contacted me and said I have a client with a share and a LBR in a leading first-crop sire, can we go on the website? Darby Dan was kind enough to oblige and here we are.

Leif Aaron | Fasig-Tipton

TDN: Did you expect to get so many broodmares, especially just after the physical sales? Digital sales run August, October etc., so the timing has to be right, correct?

Leif Aaron: We were confident we would have a lot of breeding stock. So far on the platform we have had most of our success with broodmares and racing stock. What was a surprise to us was the number of weanlings and yearlings that were entered for this sale.

We've had some success with young horses, so I think that part of the market is currently developing online. Time of year does have to make sense in general for certain types of horses–breeding stock etc.–to sell well, but racehorses can sell no matter the time of year.

TDN: Speaking of racehorses, online seems like a perfect place to trade them (which is a very liquid market at the moment due to high purses). Could you speak about that a little? Why are racehorses maybe more suited to the digital space?

Leif Aaron: I touched on this a little bit earlier, but racehorses are in huge demand right now because of record high purses. With a digital sale, the seller can keep the horse in the barn and continue with training, while the potential buyer gets to look at the horse and look at the vetting. They are getting a lot more information than they would through the claim box.

In general, the horse racing ownership community are traders. It only makes sense for us to have a platform for those owners and trainers to buy and sell.

The post Q&A With Fasig-Tipton Digital Sales Director Leif Aaron appeared first on TDN | Thoroughbred Daily News | Horse Racing News, Results and Video | Thoroughbred Breeding and Auctions.

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Sire Of Sires, WinStar Farm’s Champion Speightstown Euthanized

Speightstown (Gone West–Silken Cat, by Storm Cat), Eclipse Champion Sprinter in 2004 and among the leading sires of the past 15 years, had to be euthanized Friday, Dec. 8, due to foot issues from old age, WinStar Farm announced in a press release Friday. Speightstown, a Taylor Made/WinStar stallion, was 25 years old.

“Speightstown was a foundational sire for WinStar and helped stamp our legacy as a sire-making farm,” said Elliott Walden, president, CEO, and racing manager of WinStar Farm. “I want to thank Larry McGinnis and his team for all the love and care they gave “Speighty” as he was lovingly called. They helped him through three colic surgeries, and he had none in the last 13 years. His progeny ran on dirt, turf, six furlongs to 1 1/4 miles, and they always showed their grit. Like with any family member, he will be truly missed. We are fortunate to have his son Nashville in the shedrow, and we look forward to seeing Speightsown's legacy continue through him, and as a broodmare sire.”

WinStar's longtime Stallion Manager Larry McGinnis said, “We've been through a lot together in the last 19 years. We'll miss our friend.”

Bred in Kentucky by Aaron and Marie Jones, Speightstown first made headlines as a yearling when he sold for $2 million to Eugene Melnyk at the 1999 Keeneland July sale. In that era of heady prices, he was the co-fourth highest price of the exclusive sale with the first- and second-leading prices also for yearlings by Gone West.

In addition to being by Gone West, a Grade I winner who was among the leading sire sons of Mr. Prospector, Speightstown was out of Canadian champion 2-year-old filly Silken Cat. The now-deceased mare produced Speightstown as her first foal and 2017 GII Toyota Blue Grass S. winner (and MGISP) Irap (Tiznow) as her last foal. She is also the granddam of two additional graded winners. Silken Cat's fifth dam was the Meadow Stud blue hen Hildene, whose five stakes-winning foals included Hall of Famer Hill Prince and additional champion First Landing.

Niggling injuries kept Speightstown from immediately showing his best on the track. He made only one start at two, finishing 13th and last in a Saratoga maiden special weight. On the bench for five months, he broke his maiden at Gulfstream in his sophomore debut by 6 3/4 lengths and eventually took three straight allowances before closing his season with a second in the GII Amsterdam S. Again benched, this time for 21 months with a knee injury, he completely missed a 4-year-old campaign and reappeared for just two starts at five that yielded a Belmont allowance win and a runner-up finish in the Jaipur H. before another 10 months on the sidelines.

Speightstown | Lee Thomas

It was at the age of six that Speightstown shone. Running in the Melnyk colors under the tutelage of seven-time Eclipse champion trainer Todd Pletcher, he started his campaign with his first black-type victory in the Artax H., then went on a three consecutive Grade II-win tear: the Churchill Downs H., the True North Breeders' Cup H., and the Alfred G. Vanderbilt H. He equaled the six-furlong track record of 1:08 at Saratoga in the Vanderbilt. A third in the GI Vosburgh S. snapped Speightstown's four-race win streak, but he came roaring back to win the GI Breeders' Cup Sprint, held that year at Lone Star Park. Voted Eclipse champion sprinter, Speightstown retired with a record of 16-10-2-2 and earnings of $1,258,256, but the best was yet to come.

Retired to WinStar for a stallion venture partnership that included Taylor Made Farm, Speightstown initially stood for $40,000 and was part of a remarkable group of horses that stood their first seasons in 2005, including Tapit, Medaglia d'Oro, and Candy Ride (Arg). All four stallions are regularly among the top 10 leading sires in North America and all stand or have stood for six-figure fees.

To date from 16 crops of racing age, Speightstown has sired 138 black-type winners (9% from starters) and the earners of over $155 million. Among his 65 graded winners are 26 Grade I winners, including Breeders' Cup winners Tamarkuz and Sharing; Travers winner Golden Ticket; Jockey Club Gold Cup winner Haynesfield; distaffer Dance to Bristol; turfers Force the Pass, Seek Again, Competitionofideas and three-time Sovereign Award winner Lady Speightspeare; and sprinters Reynaldothewizard, Jersey Town, Rock Fall, Poseidon's Warrior and dual Sovereign Award-winning sprinter Essence Hit Man.

“Speightstown's rise reminds me of Distorted Humor,” said WinStar president and CEO Elliott Walden in 2013, “that rare ability to sire Grade I quality at all distances and all surfaces with top fillies and colts.”

Although Speightstown never won beyond seven furlongs and raced exclusively on the dirt, a hallmark of his progeny has been versatility, with graded winners both short and long and on both dirt and turf. In addition, despite Speightstown taking several years to mature into a stakes winner himself, he has had his share of black-type winners both as young horses and as older runners. Speightstown's 2020 was a banner year featuring four individual Grade I winners: Echo Town and Charlatan in the U.S., Lady Speightspeare in Canada, and Mozu Superflare in Japan. In 2023, Speightstown has been represented by 106 winners including GI Runhappy Del Mar Futurity victor Prince of Monaco.

In recent years, Speightstown has also made a mark as a burgeoning sire of sires. His son Munnings closed out 2022 among the top 10 leading sires in the U.S. by earnings, finishing just one spot ahead of Speightstown himself, and is currently among the top five leading sires in the U.S. by earnings through 2023. In addition, Central Banker is among the leading sires in New York and Jersey Town sired a Grade I winner in his first crop. Speightstown is well-represented by sons at stud led by new additions Olympiad and Nasvhille along with Charlatan and Lexitonian.

Speightstown is also starting to make an impact as a broodmare sire, as his daughters have produced 62 stakes winners–24 graded–to date, including Grade I winners Aloha West (Hard Spun), Mia Mischief (Into Mischief) and Vekoma (Candy Ride {Arg}), as well as the late Laoban (Uncle Mo).

Speightstown was slated to stand in 2024 for $80,000 LFSN at the time of his death.

The post Sire Of Sires, WinStar Farm’s Champion Speightstown Euthanized appeared first on TDN | Thoroughbred Daily News | Horse Racing News, Results and Video | Thoroughbred Breeding and Auctions.

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Investigators Point To Training Conference Mar. 3-6 At Parx

Two board members from the Organization of Racing Investigators (ORI) warmed up their vocal chords and shared a sliver of their vast expertise concerning the value of racing integrity teams during a panel at the Global Symposium on Racing, sponsored by the University of Arizona's Race Track Industry Program, this past week.

Don Ahrens of Sam Houston Race Park and Jason Klouser of the Pennsylvania State Horse Racing Commission explained how these special squads, working alongside agencies like the Breeders' Cup, the U.S. Trotting Association, the American Quarter Horse Association and various state racing commissions and tracks, ensure that safety and security is center stage from the test barn to the winner's circle.

“We have developed an approach with these integrity teams which can be tailored to any situation, racetrack or regulatory body, and it really directs all of our resources to the protection of the equine athletes and ensure a level playing field for the participants, so the wagering public can bet on a product they can trust,” said Klouser.

Ahrens and Klouser are part of the ORI cadre which at its core is based on training and networking. Operating behind the scenes, members wage a daily effort to strengthen racing's regulatory efforts.

ORI member conducting mock search at last year's ORI Conference | ORI

ORI member's tradecraft will be on full display from Mar. 3-6 when the ORI meets for what will be its 28th Training Conference. This time around, the multi-day event will be held at Parx Racing in Bensalem, Pennsylvania.

Chaired by Klouser, the preliminary agenda includes a diverse set of speakers who will be covering some of the most important issues pertaining to investigations in racing today.

“Our training conference continues to grow exponentially,” said Klouser. “That speaks to the organization's reputation and the importance of our network of investigators.”

This year's keynote address will be given by TDN's CEO/Publisher Sue Finley, who will discuss the changing landscape of media coverage and how it relates to racing integrity issues.

“We are excited to have Sue come and speak to the group since she has such an impressive list of accomplishments and we know she is going to deliver a unique set of perspectives concerning the media,” said Klouser.

Attendees will have the opportunity to hear from the following:

  • William Behe, United States Attorney's Office, Penn National Race Fixing Prosecution
  • John Burgess, British Horse Racing Authority, BHA Overview and Case Study
  • Angela Pezel-McCloskey, USDA Inspection Services, Unregulated Horse Racing in North America
  • Ismael Navarreto, Pennsylvania State Horse Racing Commission, Hidden Ownership & Fraud Case Study
  • TC Lane, U.S. Trotting Association, USTA Regulatory Authority
  • Cammie Helleski, University of Kentucky, Societal License to Operate
  • Janet VanBebber, American Quarter Horse Association, AQHA's Role in Racing
  • Vicky Kuora, FBI Violent Gangs & Safe Streets Task Force, Illicit Use of Xylazine
  • Ann McGovern, Horseracing Integrity Safety Authority, Review of Churchill Downs Catastrophic Injury Report
  • Shawn Loehr, Horseracing Integrity & Welfare Unit, HIWU Update
  • Mickey Peterson, New Jersey Racing Commission, Preparing the Harness Horse for Racing
  • Robert Martin, Parx Racing, Stable Area Access System
  • Julie Engiles, Penn Vet-New Bolton Center Pathologists, Role in Equine Fatality Prosecutions
  • Adam Morris, Governor's Office of General Counsel, Racing Official Prosecutions
  • Michael Spada, Pennsylvania State Police, Case Study
  • Carlos Quintana & Mónica Andreu, Comisión de Juegos de Puerto Rico, Regulating Racing in Puerto Rico

Click here for more information about ORI's 2024 Training Conference.

The post Investigators Point To Training Conference Mar. 3-6 At Parx appeared first on TDN | Thoroughbred Daily News | Horse Racing News, Results and Video | Thoroughbred Breeding and Auctions.

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Old Friends Welcomes GSW Noble Indy From Puerto Rico After Team Effort

After a team effort, Old Friends in Georgetown, Kentucky, welcomed GSW Noble Indy (Take Charge Indy) on Thursday, Dec. 7, the retirement farm said in a release Friday.

The 8-year old bay gelding, who ran in the 2018 GI Kentucky Derby, was repatriated from Puerto Rico thanks to the efforts of Fred Hart, who became a big fan of the horse due to his ownership of his dam, Noble Maz; Kelley Stobie, owner of Caribbean Thoroughbred Aftercare, which has assisted many Thoroughbreds in Puerto Rico; and Mike Repole, Noble Indy's original owner who paid to transport the horse to the United States and then to Old Friends.

Originally trained by Todd Pletcher and bred by WinStar Farm, Noble Indy's first graded stakes win came in the GII Twinspires.com Louisiana Derby, which punched his ticket to the Derby where he finished 17th.

The once promising Thoroughbred was never able to recapture his pre-Derby form and began to drop down the racing ranks until he was shipped to Puerto Rico last year where he ran five times at Camarero.

After following his journey, Hart got involved and sought to retire the horse. In an article by TDN's Bill Finley, Hart said, “I became sentimentally attached to this horse and was afraid harm would come to him if he stayed in Puerto Rico. I just wanted to get him out of there.”

Hart contacted Stobie, and the two worked together to try and retire the horse. The issue they ran into was that the owner, Skull Stable PR, named a price they could not pay. However, they persisted, but the ask still remained too high. Then, following an injury, Skull Stable PR finally lowered the number and Noble Indy was sent to Stobie's farm.

“It was a tense time since Indy came to Puerto Rico, knowing if we would be able to get him off the island in one piece,” said Stobie. “Thankfully his surgery back in February of this year did not go as planned, so he could no longer race and the owner agreed to retire him to CTA. We are grateful to Repole Stables for their generous donation, which did not only help Noble Indy, but will pay for two other horses in need to get home. Also thank you to Winstar Farms for stepping up and sending a donation.”

“We are all very excited that Noble Indy will spend the rest of his life at Old Friends in Kentucky,” said Repole. “This was an amazing team effort by so many to bring Noble Indy back from Puerto Rico and to give him the great retirement that he deserves.”

“Thanks to everyone who worked so hard to allow us to enjoy Noble Indy's retirement,” said Michael Blowen, President and founder of Old Friends. “His story will make him a magnet for racing fans. Come visit.”

 

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