GIVE PEACE A CHANCE
Mixed feelings was the theme of the night. You got a different opinion on the auction depending on who you talked to.
The bottom line? Too few buyers willing to spend money for a nice Canadian-bred,Ontario-sired runner. Tons of money to run for with our purses but hands were in the pockets. Many prospective buyers said the good ones were too expensive and the others had issues found through the vet checks.
The good news is the median was up so the middle market did show some improvement.
(Update) TOP BUYERS at the select session included some relative newcomers. JIM AND SUSAN HILL bought 4 for $262,000, Anthony Coombes UN Stable bought 4 for $315,000 and his trainer is Lorna Perkins, Patrick Lawley Wakelin bought 2 for $235,000, Bill Farish, 2 for $180,000, Morgan Firestone, 2 for $195,000 and it was good to see C. Scott Abott get back into the yearling action, picking up 4 for 126,500.
Stats from Blood-Horse
(figures used at US funds)
LEADING CONSIGNORS BY GROSS
| Consignor | Offered | Sold | Average | Gross |
| Hill 'n' Dale Sales Agency | 32 | 24 | $38,328 | $919,881 |
| Windfields Farm | 28 | 24 | $36,765 | $882,364 |
| Richard G. Hogan | 11 | 10 | $62,212 | $622,119 |
| Michael C. Byrne | 15 | 9 | $51,289 | $461,603 |
| Woodlands | 18 | 15 | $30,140 | $452,105 |
| Huntington Stud Farm Corp. | 10 | 7 | $62,280 | $435,958 |
| Susan Y. Foreman | 21 | 11 | $37,819 | $416,012 |
| Gardiner Farms | 11 | 11 | $27,803 | $305,836 |
| Shannondoe Farm | 5 | 5 | $46,920 | $234,601 |
| Beth Hancock | 5 | 5 | $34,003 | $170,014 |
LEADING BUYERS BY GROSS
| Buyer | No. | Average | Gross |
| UN Stable | 4 | $74,797 | $299,187 |
| Bill Farrish | 3 | $87,065 | $261,195 |
| Lawley-Wakelin Bloodstock, agent | 2 | $111,602 | $223,203 |
| Winsong Farms | 1 | $185,211 | $185,211 |
| Morgan Firestone | 2 | $92,606 | $185,211 |
| Canada Racing Partnership | 1 | $151,968 | $151,968 |
| Brian Cullen | 2 | $73,135 | $146,269 |
| L. Sniderman & S. Berg, Michael DePaulo, agent | 1 | $118,725 | $118,725 |
| Sprott Racing | 1 | $94,980 | $94,980 |
| Mark Casse, agent | 1 | $94,980 | $94,980 |
Here is a report..
From THE BLOOD-HORSE
By Jennifer Morrison
The Canadian Thoroughbred Horse Society’s annual selected sale dropped in gross and average but rose in median price on the first day of the two day auction on Sept. 4.
The gross sales for 159 horses were $6,374,000 (all Canadian funds.) down from $7,072,500 last year for 163 horses sold.
The average price of $40,088 was down from $43,390 one year ago, the latter mark being a five year high for the annual sale.
The median price of $32,000 was up from $27,000 last year.
“Going by the strength of the market last year, the sale was a bit disappointing, said Gail Wood, the chair of the sales committee for the C.T.H.S. and a perennial leading consignor.
“We made so much progress last year but we don’t seem to be attracting new buyers.”
The number of buy-backs during the selected session was up to 59 from 48.
Most consignors felt that there were not enough buyers to go after the top yearlings while many buyers thought the best horses cost too much money.
“It’s hard to buy a quality horse,” said top trainer Robert Tiller, who bought a handful of yearlings during the evening. “They are selling very well. It’s the same old story - there is good money for the good horses.”
Topping the selected session was a handsome bay colt from the first crop of Peace Rules from the mare Sandhill Charm, by Vanlandingham that sold for $195,000.
The Ontario-foaled colt, bred by Ron Clarkson, was consigned by Richard Hogan, agent and purchased by Jim and Alice Sapara’s Winsong Farms.
The Sapara’s also bought last year’s top priced yearling, Broderick, a son of Hold That Tiger, for $250,000.
“He’s a massive machine,” said Jim Sapara. “There were a lot of nice colts in the sale. I paid a little more than I wanted to, but the good ones cost more money.”
The sales topper is the sixth foal of the stakes placed mare Sandhill Charm, who has produced three winners including stakes winner Twisted Wit, an earned of over $540,000.
“The
Hogan said his sales topper sold himself not only on his pedigree page but before the crowd.
“I figured he would bring a couple of hundred thousand,” said Hogan, a longtime leading consignor at the Woodbine sale.
“He showed himself well and he had a great attitude in the ring.”
First year sires were well received at the auction as the second highest priced yearling was a colt from the first crop of champion grass horse Perfect Soul.
Hip number 112, offered by Glenn Sikura’s Hill ‘n’ Dale Sales Agency, sold for $160,000 to Canada Racing Partnership. The colt is out of stakes winner Showering, by Miswaki, and a half brother to stakes placed Cool Rain Falling.
The top filly in the sale was sold near the end of the auction. Hip number 229, a Tiznow miss out of Grade 3 stakes winner Flashy n Smart, by Smarten, sold for $125,000, to trainer Mike DePaulo as agent for the partnership of Sniderman and Berg. The filly, a half sister to stakes placed Flashy Thunder, was sold by Huntington Stud Farm Corp., as agent.
Other comments from the night:
PATRICK LAWLEY WAKELIN, bloodstock agent
“If you like something to race in our program, I think you will end up paying a bit more money than you want. The sale started off slowly but it picked up as people started to get adjusted to the prices.:
READE BAKER, trainer
“I thought there was great value out there, better than last year. I bought half a dozen and paid less than I thought. I bought a Toccet colt for $60,000 that would have been $100,000 at Keeneland
KATHERINE SULLIVAN, racing manager, bought a $100,000 Mutakddim colt for Eric Sprott
“We had a $100,000 budget. I vetted 7 horses, narrowed it down to 3 and we got him. Eric is one of the most successful investment businessmen in
BERNARD MCCORMACK, agent, Windfields Farm
“We’ve been fairly pleased with what we’ve sold. You can a horse here as well as anywhere but the average horses are really scrutinized and that makes it tough. The ones who aren’t perfect won’t sell.
From Standardbred
The ORC Wants You!
September 4, 2007
The Ontario Racing Commission is looking for candidates to sit on its standardbred, thoroughbred and quarter horse Rule Amendment Working Groups.
The groups are formed in order to advise and provide input to the ORC on proposed changes to the rules and regulations of racing that are currently in place.
The application deadline for anyone interested in this endeavour is September 15, 2007. Applicants are asked to send a resume outlining their affiliations, experience with similar initiatives and a general profile of their role(s) within the industry.
For complete details on the matter, click here.
posted by Jen Morrison @ 6:32 AM
5 Comments:
At 2:18 AM,
the_drake said…
To all the trainers and buyers out there who say the horses are too expensive, grow up and realise you have to spend money to make money you cheap peoples (I was thinking of a word that started with the letter B). If you don't buy the horses eligible for the extremely lucrative Ontario Sired program or the Canadian bred program, because the're too expensive (Newsflash!!!! a Maiden allowance winner pays for the average last night) where the hell are you gonna find one, this is the sale to get them, so if the're too expensive then watch your competitiors beat you with horses they don't want to sell for F all. Grow a set and pay proper money for horses that are running in a program that unless you are demented you can't loose money if you tried. If you don't buy them you can't win, go to Keeneland and try to buy a horse good enough to win a million dollar race, it ain't that easy, in Canada the trainers want a Plate horse for $20k, after the $10k they get for winning a Sales Stake race. It's time the buyers get off their arses and pay proper money for horses before people get sick of it and sell their stock elsewhere for nothing.
As an aside the sales commitee really needs to get their act together and catalogue a real select sale instead of 150 select horses and 75 favours. Every year we hear they are being more selective, but we get the same punchline when the catalogue comes out. It's time the same people stopped kissing each others arses and washing their backs and some real objectivity comes into play when the so called "select" sale is catalogued next year.
Overall my score for the sale:
Buyers: C-
Consigners does it matter: (the horse should sell itself)
Catalogue: F
It's time this sale grew up, I don't know a place on the earth where a horse with 1 Stakes winner in the pedigree is called "select" and if the breeders are too stupid and breed that mare to a $50k stallion they should be stuck in the preferred so they realise their mare is not of the select quality, just like if I bred a Grade 1 winning mare to a donkey, I wouldn't expect it to be in the select.
Grow up breeders AND buyers
At 8:36 AM,
Anonymous said…
Who is the Drake? Could this be Mandrake? The Drake makes lots of legitimate points and seems to be very intellegent and an expert on the racing game. The cliche says that if you are not part of the solution, you are part of the problem. I think the Drake should show himself and step up to help Ontario racing move forward.
At 12:07 PM,
the_drake said…
Thanks anon 8:36, I feel very strongly about the Ontario industry and do intend to become involved with the CTHS and HBPA (if I'm able to become enough peoples friend so they vote me in), with due time. I hate to write about the negatives all the time, but so many people are a little too comfortable in their positions and don't want to move forward or are afraid of stepping on toes.
At 8:25 PM,
Anonymous said…
JAMBALYA OR SKY CONQUERER?????? S.C HAS BEATEN J EVERY TIME...BUT J'S ACCOMPLISHMENT ARE FAR GREATER THAN S.C. SHOULD BE AN INTERESTING RACE FOR TURF HORSE SUPREMICY HERE IN CANADA. WHAT IS YOUR TAKE ON THE RACE J.MO?
At 8:30 PM,
Anonymous said…
AS FOR OLDER MARE TODAY IT SEEMED LIKE BANNON'S MIND WAS MADE UP, HE WAS OOOGLING ABOUT SHE'S IN D MONEY, AND STATED THAT SHES THE TOP CANDIDATE FOR OLDER MARE!!! GIVING NO RESPECT TO ARDEN BELLE, FACT IS ARDEN BELLE ONLY LOST TO THAT MARE BY A HEAD, AND ARDEN BELLE HAS ACCOMPLISHED ALLOT MORE TO DATE THAN SHE'S IN THE MONEY, OPEN YOUR EYES BANNON.
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