05/11/2009 11:00PM

Barretts May sale shows declines

Email

The Barretts May 2-year-old sale in Pomona, Calif., ended Monday evening with declines across the board. That followed a general trend seen in this year's juvenile market, where double-digit decreases were common.

The one-day Barretts May sale grossed $4,511,000 for 123 horses, down 42 percent from last year's total of $7,816,400 for 147. The 2009 average price dropped 31 percent, falling from $53,173 to $36,675. Median declined 17 percent, from $24,000 to $20,000.

But the buy-back rate improved from last year's figure of 33 percent to 29 percent.

The sale-topper was Hip No. 40, a $300,000 Tiznow colt that leading buyers Gary and Wendy Broad purchased from Vision Racing (Stephens Thoroughbreds, agent). The dark bay or brown colt is out of Jera, the stakes-winning Jeblar mare. She already has produced two stakes performers, one a Tiznow daughter named Tizthen who finished second in the 2006 Anoakia Stakes at Santa Anita's Oak Tree meet. The other is Jeranimo, by Congaree, who placed in the Grade 2 San Felipe this year.

Vision Racing had purchased the colt for $110,000 just two months ago from the Wavertree agency's consignment at the Ocala Breeders' Sales Co.'s March juvenile auction, making Hip No. 40 an unusually quick profit-turner.

Hip No. 40 was one of five horses that sold for $200,000 or more, but the horse that drew the day's highest bid turned out to be a buy-back. That was Hip No. 24, a Southern Image colt currently named Privalaged who returned to consignor Haven Bloodstock Agency on a final offer of $470,000. Hip No. 24 is out of the World Appeal winner Hasty Appeal. She also is the dam of 2009 Sunland Derby winner Kelly Leak, who beat eventual Kentucky Derby winner Mine That Bird in that race, and Grade 3 winner Dr. Park.

Consignors scratched 90 horses from the auction this year, compared with 107 outs in 2008. Among them was Hip No. 57, the auction's only horse by Storm Cat. The Hartley/DeoRenzo agency was to have sold the dark bay or brown son of stakes winner Lights Out, by Saint Ballado. But the consignment did well overall, leading all consignors by gross with nine juveniles sold for $1,067,000. Among those horses were two of the $200,000-plus offerings: Hip No. 222, a $275,000 Yes It's True-Chelsie's House colt that former Curlin co-owner George Bolton bought, and Hip No. 77, a Sky Mesa-Mettle colt that Affirmed Investment Corp. purchased.

Two-year-old sales generally have been down between 30 percent and 35 percent this year as recession-era buyers have focused more narrowly on a handful of horses and firmly capped what they're wiling to pay for them. Last year's Barretts May sale topper was a Harlan's Holiday filly, now a 3-year-old named Simonetta, who fetched $700,000 from Jess Jackson's Stonestreet Stables.

::