07/22/2004 11:00PM

New operation attracts wide support


ELMONT, N.Y. - The support and enthusiasm for the New York Breeders Sales Company has been tremendous.

The company was formed earlier this month by a group of prominent breeders from New York, Kentucky, and Florida. The number of shareholders in the company, which is incorporated, will be limited to 40. As of Thursday, there were 39 shareholding entities, including partnerships. Each entity invested $15,000.

The inaugural sale conducted by the NYBS Company will be held at Saratoga Race Course in Saratoga Springs, N.Y., on Sept. 28. It will be a mixed sale including broodmares, yearlings, weanlings, and horses of racing age, and is not restricted to New York-breds. Nominations close Aug. 1.

The interim board of directors of the sales company consists of Frank Stronach, Chester Broman, Michael Lischin, Mike McMahon, and Barry Ostrager, the president. Vivien Malloy is the treasurer. The first shareholder meeting is scheduled for Aug. 9 in Saratoga.

"We anticipate that we will have approximately 350 broodmares, yearlings, weanlings, and horses of racing age in the sale," said Ostrager. "I expect Mr. Stronach to consign a significant number of quality mares in foal to some of his top stallions."

The shareholders on board with the NYBS Company are Adena Springs, Frank and Peggy Ariosta, Lance Bell, Jerry Bilinski, Phil Birsh, Amy and Jody Boll, Bonnie Heath Farm, Barbara Brewer, Chester and Mary Broman, Raymond DeStefano, Stephen DiMauro, Walter Downey, John Fenton, Jerry Herron, Max Hugel, Richard and Susan Imbert, Harry and Louise Landry, Carl Lizza Jr., Magna Racing, Vivien Malloy, McMahon Bloodstock, Joe and Anne McMahon, Metropolitan Stud, John Michelotti, John Nerud, Barry Ostrager, Elaine Peck, Leonard and Betty Powell, Questroyal Stud, Richard Saxton, Jim and Michaelyn Scott, Stonewall Farm, Robert and Barbara Sullivan, Sunnyfield Farm, Taylor Made Farm, Jeffrey Tucker, Western Guide Lines, H.A. Bud Wolfe, and Donald and Mary Zuckerman.

Said Ostrager: "What I think is significant is that a newly formed regional sales company has attracted people like Taylor Made, Frank Stronach, Barry Schwartz, Chester Broman, Bonnie Heath Farm, and virtually every significant breeding operation and stallion station in New York. I don't think there is any analog to the quality of support that we have by any other start-up sales operation. This kind of support makes it clear that there is a major demand for the concept and that people who have a good opinion about the marketplace believe the operation will be successful."

Ostrager, a principal in Questroyal Stud and an investor in several of New York's top stallions, including Tomorrows Cat and Gold Token, said having shareholders with a financial stake in the company will go a long way toward making the venture a successful one.

"We recognized that a sales company patterned after OBS, in which the shareholders have a vested interest in the success of the company, is the structure that is most likely to be successful, particularly in a regional market," Ostrager said.

Harry "Chip" Landry has been hired by the NYBS Company to coordinate the auction.

Distorted Humor colt tops New York-breds

Six New York-breds sold for a total of $825,000 at last week's two-day Fasig-Tipton yearling sale in Kentucky.

The New York-bred sales topper was bought for $410,000 by John Ferguson, acting as agent for Sheikh Mohammed bin Rashid al Maktoum. The colt is a son of Distorted Humor, who sired 2003 Kentucky Derby and Preakness winner Funny Cide, and is the first foal out of Lucky Sheikh, a daughter of Sheikh Albadou. He was bred and consigned by Highclere Farm and Jeffry and Stuart Morris and born at Howard Kaskel's Sugar Maple Farm in Poughquag. The colt's dam is a half-sister to stakes winner Traffic Circle.

Kentucky-based bloodstock agent Mike Ryan purchased the highest-priced New York-bred filly at the Fasig-Tipton sale, for $165,000. Consigned through Highclere Sales, agent, the yearling is by Eclipse champion Smoke Glacken and is a full sister to New York-bred multiple stakes winner Smokieisabandit. She was foaled at Waldorf Farm in North Chatham, which is owned by her co-breeder, Jerry Bilinski.