Dispersals Fuel January Market
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WEDNESDAY, JANUARY 13, 2021 DISPERSALS FUEL KENTUCKY SIRES FOR 2021: FIRST SOPHOMORES--PART I JANUARY MARKET by Chris McGrath The stallions we reach today are the first actually to have given some initial clue as to their ability to replicate those assets that earned them a place at stud. True, only their most precocious stock have so far tested the water and it should be obvious that limited conclusions can be drawn from so small a sample of their work. But we know the apathy of commercial breeders about producing racehorses. So long as they maximize their value as yearlings, the rest is gravy. That's why they get behind stallions yet to expose the flimsy parapets of marketing to the unsparing fire of the racetrack. Cont. p16 IN TDN EUROPE TODAY Regal Glory | Keeneland PRINCE KHALID BIN ABDULLAH DEAD Juddmonte’s Prince Khalid bin Abdullah, one of the most by Jessica Martini & Christie DeBernardis successful owner/breeders in the history of the sport, has Propelled by the strength of a pair of marquee dispersals, the died. Keeneland January Horses of All Ages Sale churned out a Click or tap here to go straight to TDN Europe. powerful second session in Lexington Tuesday. Early in the day, Peter Brant=s White Birch Farm purchased Regal Glory (Animal Kingdom) (hip 403) from the Lane=s End consignment of the dispersal of the Estate of the late Paul Pompa, Jr. for $925,000. That bid was matched later in the session when Antony Beck=s Gainesway Farm purchased Danceforthecause (Giant=s Causeway) (hip 587) from the Sam-Son Farm dispersal. The two dispersals were responsible for the sessions top nine offerings. AThe power of the dispersal was very obvious here today,@ said Keeneland=s Director of Sales Operations Geoffrey Russell. AIt was bittersweet, but we appreciate the trust they put in us to put this show on today.@ While shoppers may have come into the January sale hoping to find bargains in a down market, the dispersals proved demand was still healthy at the top of the market as breeders looked ahead to what Keeneland President Shannon Arvin called, Ablue skies.@ AThe opportunity, especially with the Sam-Son dispersal, to get into these mares has been limited over the years,@ Russell said. ASo people are hungry to get into these strong female families. And the same is true with the mares of Mr. Pompa. Cont. p3 A PICTURE IS WORTH… 1 first ever seveN-figureseven-figure yearling 11YO: by sire of sires Pioneerof the Nile | $7,500 S&N New for 2021 PUBLISHER & CEO Sue Morris Finley @suefinley [email protected] SENIOR VICE PRESIDENT Gary King @garykingTDN [email protected] EDITORIAL [email protected] Editor-in-Chief Jessica Martini @JessMartiniTDN Managing Editor Wednesday, January 13, 2021 Alan Carasso @EquinealTDN Senior Editor Steve Sherack @SteveSherackTDN Racing Editor Brian DiDonato @BDiDonatoTDN Deputy Editor Christie DeBernardis @CDeBernardisTDN Associate Editors Christina Bossinakis @CBossTDN Joe Bianca @JBiancaTDN News and Features Editor In Memoriam: Ben Massam (1988-2019) ADVERTISING [email protected] Director of Advertising Alycia Borer Advertising Manager Lia Best Advertising Designer Amanda Crelin Advertising Assistant/Dir. Of Distribution Rachel McCaffrey Advertising Assistants Amie Newcomb Kristen Lomasson Photographer/Photo Editor Sarah K. Andrew @SarahKAndrew [email protected] MGSW Regal Glory (Animal Kingdom–Mary’s Follies, by More Than Ready) sparked early fireworks at Keeneland Tuesday, summoning $925,000 from Peter Brant’s White Social Media Strategist Birch Farm just three hips into the session. Keeneland January coverage continues on Justina Severni page 3. | Keeneland Associate Producer Katie Ritz SAM-SON CONSIGNMENT DOMINATES 6 Director of Customer Service Vicki Forbes The Sam-Son Farm Broodmare Dispersal dominated the results at [email protected] Keeneland Tuesday, as 21 mares sold for a gross of $6,733,000 and an average of $320,619. Marketing Manager Alayna Cullen @AlaynaCullen CITY OF LIGHT FOALS PROVE POPULAR Director of IT/Accounting 12 Ray Villa Foals from the first crop of City of Light were very popular during [email protected] the November sales and continued to be in demand as short yearlings [email protected] in the January sale. A filly by the Lane's End stallion was the day's highest-priced yearling, summoning $400,000 from Larry Best's WORLDWIDE INFORMATION International Editor OXO Equine (Hip 660). Kelsey Riley @kelseynrileyTDN [email protected] European Editor Emma Berry [email protected] Associate International Editor Heather Anderson @HLAndersonTDN Newmarket Bureau, Cafe Racing Sean Cronin & Tom Frary [email protected] 60 Broad Street, Suite 100 Red Bank, NJ 07701 732-747-8060 | www.TheTDN.com TDN HEADLINE NEWS • PAGE 3 OF 21 • THETDN.COM WEDNESDAY • JANUARY 13, 2021 KEEJAN cont. from p1 Russell said, AThese are strong female families and, as Shannon quite rightly said, breeders are looking for blue skies ahead. And they have to have the product to produce yearlings to sell.@ During Tuesday=s session, 247 head sold for $23,319,400. The session average was $94,411 and the median was $40,000. Through the auction=s two Book 1 sessions, 456 horses have sold for $35,484,800 for an average of $77,818 and a median of $37,000. AI thought the market was very strong,@ Russell said. AI thought the foals sold exceptionally well today. Obviously, Mr. Pompa had some foals in there, but the non-dispersal foals sold very, very well. It was strong from start to finish.@ Larry Best, who purchased the top-priced lot during Monday=s opening session of the auction, again purchased the top-priced short yearling Tuesday, going to $400,000 to secure a filly by City of Light (hip 660) from the Lane=s End consignment. Lane=s End sold 41 horses Tuesday for a total of $5,601,000 and an average of $136,610. Cont. p4 KEENELAND JANUARY SALE SESSION TOTALS 2021 *2020 $ Catalogued 411 411 $ No. Offered 318 303 $ No. Sold 247 238 $ RNAs 71 65 $ % RNAs 22.3% 21.5% $ High Price $925,000 $640,000 $ No. Over $200k 29 21 $ Gross $23,319,400 $17,414,300 $ Average $94,411 $73,169 $ Median $40,000 $40,000 CUMULATIVE TOTALS 2021 *2020 $ Catalogued 819 824 $ No. Offered 620 640 $ No. Sold 456 434 $ RNAs 164 206 $ % RNAs 26.5% 32.2% $ High Price $925,000 $640,000 $ No. Over $200k 39 38 $ Gross $35,484,800 $30,675,600 $ Average $77,818 $70,681 $ Median $37,000 $38,500 *2020 Figures include post-sale transactions. A PICTURE IS WORTH… Photo of THOUSAND WORDS selling as a yearling at KEESEP for a million…Z photo. I’d also like to have this in his photo gallery on his web page and will likely use in ad series. I am thinking about doing a series to launch him with the headline/ theme “A PICTURE IS WORTH…”. So please be thinking about a vi- sual concept to go with this theme. We already have his logo and color scheme obviously. Perhaps we include small captions to explain each 2YO: Capped photo of this series…maybe a 1-2-3 “pictures” as in his ages and cor- the an undefeated Los Al Futurity-G2 SEASON relating accomplishments at those ages. Like so: in 1 Highest-priced yearling by sire of sires Pioneerof the Nile 2 Capped an undefeated juveniLe campaign in the Los Al Futurity-G2 3 Won Robert Lewis-G3 & Shared Belief S. - defeating Honor A. P. with a 104 Beyer New for 2021 | $7,500 S&N Pioneerof the Nile - Pomeroys Pistol TDN HEADLINE NEWS • PAGE 4 OF 21 • THETDN.COM WEDNESDAY • JANUARY 13, 2021 ATo be honest, I feel like it is fairly spotty,@ Lane=s End=s Allaire Ryan said of the market. AIt is pretty light for the average horse and the below average horses are tough to get moved. If you come up here with no expectations and no reserves, you can get them sold.@ Gainesway=s Alex Solis II agreed the top of the market remained strong. AI think it is very fair,@ Solis said of the market. AAnything that is quality is bringing a lot of money.@ The Keeneland January sale continues through Thursday with sessions beginning daily at 10 a.m. Regal Glory Jump Starts Pompa Dispersal MGSW and >TDN Rising Star= Regal Glory (Animal Kingdom) got the dispersal of the Estate of the late Paul Pompa, Jr., off to Regal Glory & the late Paul Pompa | Sarah Andrew a quick start, summoning $925,000 from Peter Brant=s White of the dispersal to go through the ring. Birch Farm just three hips into Tuesday=s session. Hip 403 sold as AShe was one of the top-class mares in this catalogue and was a racing or broodmare prospect. consistently competitive at the top of her generation,@ said Pompa, who campaigned the likes of dual Classic winner Big Lane=s End=s Allaire Ryan. AIn this setting, one like her just stands Brown (Boundary) and Grade I winner Connect (Curlin), passed out. We were really pleased with that and the fact she is going away unexpectedly Oct. 10. In keeping with his wishes, his entire back to Chad [Brown] at the track. Hopefully, she will do more stock--which is a total of 39 horses, including broodmares, good things.@ yearlings and racehorses--is being dispersed at this sale through A daughter of MGSW Mary=s Follies (More Than Ready), Regal the Lane=s End consignment. Regal Glory was the first member TDN HEADLINE NEWS • PAGE 5 OF 21 • THETDN.COM WEDNESDAY • JANUARY 13, 2021 Regal Glory | Keeneland Glory currently boasts a record of 11-6-3-0 with earnings of $773,884.