06/19/2015 4:58PM

OBS June: Record juveniles drive all-time high gross, average


A string of record-priced offerings helped produce the highest gross and average sale price in the history of the Ocala Breeders’ Sales Company’s  June 2-year-olds in training and horses of racing age sale.

Charles and Susan Chu’s Tanma Corporation took home the most expensive horse ever sold at the OBS June sale, going to $680,000 on Friday to secure a Candy Ride colt. The OBS June record price was broken or equaled in each of the sale’s four sessions, with the first three days each being led by horses who sold for $575,000.

The crackling upper market drove revenues to a record-high $23,475,500 from 591 juveniles sold, up 4 percent from last year’s previous record-setting gross of $22,539,500 from 712 sold.

The average sale price finished at $39,722, bettering last year’s figure of $31,657 by 25 percent, and surpassing the previous record average of $33,250 set in 2013. Despite the historic performances in other categories, the median fell 10 percent from $20,000 to $18,000.

The buyback rate finished at 26 percent, up from last year’s figure of 20 percent.

Five horses hammered for $500,000 during this year’s renewal of the OBS June sale, bettering the lone horse to do so last year. The 20 horses to sell for $200,000 or more doubled the 10 to meet or eclipse that price in 2014.

The sale-topping Candy Ride colt is out of the unraced Deputy Minister mare Spooky Minister, who is the dam of four winners from five foals to race. All five of the dam’s runners were sired by veteran stallion Candy Ride, including the Grade 3-placed Holy Candy. The colt is the first foal out of Spooky Minister to bring six figures at public auction.

Bred in Kentucky by Hill ‘n’ Dale Equine Holdings, the colt’s second dam is the Grade 1 winner Lunar Spook, and the extended family also includes Grade 3 winner Cashel Castle and Grade 1-placed Lunarwarfare.

Eddie Woods, as agent, consigned the colt, who tied the fastest one-furlong time over the Ocala Training Center’s all-weather Safetrack surface during the pre-sale under-tack show, covering the distance in 9.80 seconds.

The OBS June record price was initially surpassed during Tuesday’s opening session when Sheikh Mohammed Bin Khalifa Al Maktoum purchased a Scat Daddy colt out of the Silver Hawk mare Antoinette for $575,000. That mark was tied on Wednesday by an Into Mischief colt out of the Roman Ruler mare Kiss the King who went to Frank Fletcher Racing Operations, then again on Thursday when The Three Amigos – Karl Watson, Mike Pegram, and Paul Weitman – landed a Super Saver colt out of the Real Quiet mare Quiet Kim.

Prior to this year’s renewal, the record price belonged to Conquest Top Gun, a colt from the first crop of Pioneerof the Nile who sold to Conquest Stables for $525,000 in 2013. Conquest Top Gun has since become a stakes winner at Woodbine under trainer Mark Casse.

Wavertree Stables finished as the sale’s leading consignor by gross, with 35 juveniles sold for revenues of $1,778,000. The operation of Ciaran Dunne was led by a filly from the first crop of sire Uncle Mo, who sold to Conquest Stables for $425,000.

Charles Chu was the auction’s leading buyer, with two purchases totaling $850,000, led by the record-setting sale-topper.

Friday’s closing session brought the sale home on solid footing, with gains in gross and average, and a mild decline in median.

A total of 127 juveniles changed hands on Friday for revenues of $5,248,100, up 9 percent from last year’s final day of selling, when 146 horses brought $4,798,399. The average sale price rose 26 percent from $32,865 to $41,324, while the median declined 9 percent, from $16,500 to $15,000. The buyback rate finished at 29 percent, up slightly from 26 percent during last year’s closing session.

The connections of the session-topper led the day, with Wavertree Stables selling 13 horses for $979,500, and Charles Chu making both of his purchases on Friday for a combined $850,000.

The horses of racing age portion of the OBS June sale finished with fewer horses sold, but massive gains in the other major economic indicators.

A total of 12 horses changed hands for revenues of $564,000, marking an increase of 115 percent over last year’s racing age segment, when 26 horses brought a combined $262,000. The average sale price skyrocketed 366 percent from $10,077 to $47,000, while the median rose 146 percent from $6,500 to $16,000.

The buyback rate finished at 45 percent during the racing age segment, up significantly from 16 percent last year.

The session-topper nearly brought more than the combined gross of last year’s entire racing age segment. Lynn Whiting, as agent for Charles Cella, landed an unnamed and unraced 3-year-old Super Saver colt for $230,000 to lead the offerings.

The colt is the first foal out of the placed Successful Appeal mare Sharp as a Whip, whose second foal finished third in his 2-year-old debut earlier this year. Bred in Kentucky by McCann Bloodstock and Bart Mahan, the colt is from the family of Uruguyan Group 2 winner Polaris and Grade 3 winner Two Months Rent.

The colt breezed three furlongs in 32.80 seconds, tying him for the second-fastest time at the distance among the racing-age offerings. He sold for $200,000 at last year’s OBS March 2-year-olds in training sale after bringing $165,000 at the 2013 Keeneland September yearling sale. The colt was consigned by Stephens Thoroughbreds, agent.

To view hip-by-hip results of Friday’s 2-year-olds in training session, click here.

To view hip-by-hip results of the horses of racing age session, click here.