Thu, 09/16/2004 - 00:00

Question remains whether to disclose buyers

LEXINGTON, Ky. - In light of the mystery over a sale-record $8 million purchase Tuesday at the Keeneland September yearling sale, should agents who buy and sell be required to disclose their clients at auction?

Japanese trainer Hideyuki Mori signed as agent for Tuesday's $8 million Storm Cat-Welcome Surprise colt, the fourth-highest-priced yearling ever sold at a North American auction. But he declined to name his client, and so has Keeneland. Satish Sanan's Alliance for Industry Reform has called for requiring client disclosures under a bloodstock industry code of ethics.

Thu, 09/16/2004 - 00:00

Mystery buyer: Is it Sekiguchi?

Horsephotos
Conflicting signals are coming from flashy owner Fusao Sekiguchi.

LEXINGTON, Ky. - Who bought the sale-record $8 million Storm Cat colt at Keeneland's September yearling sale on Tuesday? The mystery deepened Wednesday, with attention revolving around flamboyant Japanese owner Fusao Sekiguchi.

Thu, 09/16/2004 - 00:00

Bullish yearling sale rolls on

Horsephotos
Will Farish saw his Lane's End consignment,with numerous seven-figure lots, lead in gross earnings.

LEXINGTON, Ky. - Twenty-four hours after an $8 million Storm Cat colt sent the market into the stratosphere, the bullish Keeneland September yearling sale rolled on. At 5:33 p.m., the market was still flexing its muscles with flashy prices, most notably the $750,000 that B. Wayne Hughes bid for a Giant's Causeway colt. But people at the auction were still talking about Tuesday's explosive session and the chestnut colt from Lane's End who harked them back to the massive price inflation of the mid-1980's.

Wed, 09/15/2004 - 00:00

Yes It's True to go to Kentucky

Yes It's True, the millionaire sprinter who is now at stud in Florida, will be moved to Three Chimneys Farm in Kentucky for the 2005 breeding season, Three Chimneys and the horse's majority owners, Satish and Anne Sanan, said Wednesday.

Yes It's True has stood at the Sanans' Padua Stables in Florida for his first four years at stud. His stud fee in 2004 was $10,000 live foal.

Three Chimneys Farm has purchased a minority interest in Yes It's True as part of the deal. A stud fee for 2005 will be set after the September yearling sale at Keeneland ends on Sept. 27.

Tue, 09/14/2004 - 00:00

Storm Cat colt brings $8 million

Horsephotos
This chestnut colt, sired by Storm Cat out of the dam Welcome Surprise, sold for $8 million at the Keeneland September sale on Tuesday. It's the fourth-highest price ever at a Thoroughbred auction.

LEXINGTON, Ky. - Coolmore Stud spent much of cutting a swath through Keeneland's select yearling market without much trouble, except for occasional $1 million-plus purchases by other bidders.

But all that changed when a Storm Cat colt sold for $8 million to Japanese interests, shattering the auction record and leading a bullish session that featured 18 millionaire yearlings. Coolmore principal John Magnier, accompanied by agent Demi O'Byrne and Coolmore finance chief Clem Murphy, suddenly found themselves in the unusual position of underbidders.

Tue, 09/14/2004 - 00:00

Going under the radar to find top yearlings

LAS VEGAS - Just as there are overlays in handicapping, there are also overlays at the sales. While the big players go after the obvious standouts every year, paying anywhere from $400,000 to $4 million for high-profile pedigrees, mid-range buyers have a smorgasbord of well-bred horses whose pedigrees fall under the radar.

Heritage of Gold is a prime example of a stakes winner purchased at a bargain-basement price.

Mon, 09/13/2004 - 00:00

$1M threshold gets topped eight times

Horsephotos
The fact this son of A.P. Indy is a ridgling didn't scare bidders. He topped Monday's select session at $3.1 million.

LEXINGTON, Ky. - Keeneland's September yearling sale opened Monday with a bang, reassuring high-end sellers that the market ceiling they saw at Saratoga might be considerably higher in Kentucky.

Eight yearlings brought $1 million or more, including a $3.1 million A.P. Indy ridgling that led Monday's selling and the day's second-highest-priced lot, a $2.8 million Unbridled's Song-Cruising Haven colt that Demi O'Byrne, Coolmore's agent, bought from Paramount Sales, agent.

Mon, 09/13/2004 - 00:00

Ciano Cat colt brings top price

ETOBICOKE, Ontario - A $37,000 colt by Ciano Cat topped the open sessions of the Canadian Thoroughbred Horse Society's sale of Canadian-bred yearlings, held Friday and Saturday at the Woodbine Sales Pavilion.

A total of 128 yearlings sold for a total of $937,200 in the open sessions, for an average price of $7,322. Eighty-eight were listed as not sold. There was no comparable session in 2003.

Denny Andrews purchased the open sale-topper from Gardiner Farm, as agent for Wendy Parker. The colt is a half-brother to Grade 3 Canadian Derby winner Native Brass.

Sat, 09/11/2004 - 00:00

Champion and sire Deputy Minister dies

LEXINGTON, Ky. - Deputy Minister, a champion racehorse and leading sire, died Friday at Ohio State University's veterinary hospital in Columbus, Ohio, where he had been undergoing treatment for cancer. The 25-year-old stallion was buried Friday night at Brookdale Farm near Lexington Ky., where he stood this season for a $100,000 fee.

Deputy Minister had shown signs of a sinus infection in recent weeks, but an endoscopic exam revealed that a tumor was obstructing his airway. A biopsy determined that the tumor was malignant.

Sat, 09/11/2004 - 00:00

Hero's Tribute retired to stud

Hero's Tribute, a Grade 2 winner, has retired from racing and will stand the 2005 breeding season at Doug Arnold's Buck Pond Farm in Versailles, Ky. His fee will be $5,000.

Buck Pond has bought an undisclosed interest in Hero's Tribute, a

6-year-old son of Sea Hero.

Trained by John Ward, Hero's Tribute won stakes at ages 3, 4, and 5, winning the Grade 2 Peter Pan in 2001, the Black Tie Affair Handicap in 2002, and the Grade 2 Gulfstream Park Handicap in 2003.