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HEADLINE NEWS • 8/8/06 • PAGE 2 of 12 SETBACK FOR THE GREEN MONKEY HEADLINE ...p1, ATW NEWS For information about TDN, DELIVERED EACH NIGHT BY FAX AND FREE BY E-MAIL TO SUBSCRIBERS OF call 732-747-8060. www.thoroughbreddailynews.com TUESDAY, AUGUST 8, 2006 FASIG HOPES TO BUILD MOMENTUM MARKET LEADER Three weeks ago, Fasig-Tipton kicked off the yearling Owned and bred by Mr. and Mrs. Martin Wygod, sales season with a successful renewal of its Kentucky After Market (Storm Cat), a son of the venerable Tran- July Selected Yearlings sale. Average was up 15 per- quility Lake, lived up to his blood- cent, and median jumped 20 percent. Tonight, the lines once again in the GII Na- company hopes to build on tional Museum of Racing Hall of the momentum generated Fame S. at Saratoga yesterday. by both the July sale and The dark bay colt is now a per- the record-breaking juvenile fect four-for-four after driving to sales season with the first a 2 1/4-length victory over Spi- of two sessions of the der Power (Ire) (Royal Applause Saratoga Selected Year- {GB}). It was his second straight lings at the Humphrey S. graded score--he took the July 9 Finney Pavilion. AWe=ve GIII Lexington S. at Belmont by Adam Coglianese seen a very strong market- 1 1/2 lengths over Carnera last place throughout 2006,@ time out despite lugging in down the lane. Click for the said Fasig-Tipton=s Execu- brisnet.com chart or the free brisnet.com catalogue- Horsephotos tive Vice President and style pedigree. Video, sponsored by Taylor Made. COO Boyd Browning, Jr. Hall of Fame S. cont. p6 AJuly was good and, for the most part, the two-year-old sales were very good. But also, the mare sales were Monday, Saratoga Race Course good last November. I think [the July sale] was an NATIONAL MUSEUM OF RACING HALL OF FAME indication of the strength of the market in general. I S.-GII, $146,700, SAR, 8-7, 3yo, 1 1/8mT, 1:48 2/5, never try to isolate one sale in a vacuum. I think you try fm. to look at the overall market, and clearly the overall 1--AFTER MARKET, 122, c, 3, by Storm Cat market continues to do well.@ For the past three years, 1st Dam: Tranquility Lake (MGISW, $1,662,390), records have fallen with regularity, which has, accord- by Rahy ing to Browning, helped maintain a high level of confi- 2nd Dam: Winters' Love, by Danzig dence among the industry cognoscenti. AThe horse 3rd Dam: Cold Hearted, by The Axe II market is like virtually any other market in the world--a O/B-Mr & Mrs Martin J Wygod (KY); T-William I Mott; significant portion of it is psychological,@ he said. AIf J-C Velasquez; $97,020. Lifetime Record: 4-4-0-0, people have confidence, they=re more willing to spend $216,660. and participate. And I think clearly people have confi- 2--Spider Power (Ire), 117, c, 3, Royal Applause (GB)-- dence in the market right now. As a result, they ap- America Calling, by Quiet American. (i160,000 wnl proach the sales in a positive mindset with a favorable '03 GOFNOV 45,000 GNS 2yo 2005 TATHIT;). impression of, >Hey look, I can buy horses and there will O-Namcook Stables LLC; B-Sean Burke (IRE); T-Kiaran be a market for them,= whether we=re talking about P McLaughlin; $22,340. selling them as broodmares eventually or pinhooking. 3--Green Lemon, 116, c, 3, Lemon Drop Kid--Heavenly There=s a vibrant marketplace at virtually every level of Calm, by Diesis (GB). ($37,000 yrl '04 KEESEP; sales--weanling, yearling, two-year-old or mixed sales. 30,000gns 2yo >05 DONAPR). O-Earle I Mack; People have confidence in the overall market.@ Tonight=s B-James Wigan (KY); T-Peter D Pugh; $11,170. session begins at 7:30 p.m. For catalog and current Margins: 2 1/4, NO, NK. Odds: 1.25, 8.10, 5.80A. outs, visit www.fasigtipton.com. Also Ran: Manchu Prince, Brilliant, Galantas, Sir Classic Fasig-Tipton Saratoga coverage cont. p2 Chris, Jade's Revenge. Scratched: Cotton King. TDN P HEADLINE NEWS • 8/8/06 • PAGE 2 of 12 Last fall, Reid found yet another new avenue to ex- RINGSIDE... plore: pinhooking weanlings. The decision came after Reid, through his Mark Reid Bloodstock Agency, pur- at Fasig-Tipton Saratoga chased Walnut Green farm in West Grove, Pennsylva- nia, from Russell B. Jones Jr. and his brother, Richard IN SEARCH OF GREENER GRASS I.G. Jones. Walnut Green, founded in 1980, provided by Lucas Marquardt Reid the space and facilities to raise horses the way he It=s a bit like gentrification. Hipster moves into un- saw fit, and after gathering some local investors, Reid fashionable neighborhood, helps make it hip, then finds was ready to give the weanling pinhooking market a go. a few years later that he can=t even af- With Russell Jones staying on as Walnut Green=s presi- ford dinner at the swanky new restau- dent, the operation got right down to business, pur- rant down the street. In this case, Mark chasing between six and eight weanlings at various bloodstock sales. Reid is the hipster. Private bloodstock The first of the group, a Songandaprayer colt bought sales is the neighborhood. for $135,000, got Reid=s pinhooking venture off to an As a bloodstock agent, Reid has had auspicious start. The colt nearly doubled his original tremendous success over the past few price when knocked down to Goldmark LLC for years buying horses in training for cli- $260,000 at the Fasig-Tipton July sale three weeks ents, namely for owners that employ ago. trainer Bobby Frankel. Medaglia d=Oro, walnutgreen.com Reid looks to build on that initial success with a six- You, Midas Eyes, and Spoken Fur were horse consignment at Saratoga that includes two more all purchased privately by Reid, and all pinhooks, both of which sold well as weanlings. went on to Grade I glory under Frankel=s tutelage. Tonight, hip 75 goes through the ring. From the first As a result of Reid=s success, and the success of crop of 2002 champion two-year-old colt Vindication, others like him, buying horses privately has become a she was acquired for $245,000 at the Keeneland No- much more expensive proposition. While Reid hasn=t vember sale, the third-highest weanling price for the been entirely priced out of that >swanky restaurant=--he son of Seattle Slew. still brokers a few deals for clients--he cost of acquiring AShe=s a very nice filly with a very nice pedigree. I a horse privately has prompted him to turn his focus to think she=s a real racehorse type,@ said Reid. AAnd I like other aspects of the Thoroughbred business, especially the Vindications. We decided to take a chance on him public sales. because he was such a great racehorse. He stamps his AIt=s becoming harder and harder to buy the private get--they=re racy-looking boogers. They exude speed racehorse,@ explained Reid. AWhat we were looking to and they look fast. She kind of jumped right out at us do is expand our horizons. This business if funny. If you when we were looking. We=re very pleased with the restrict yourself to any one avenue, you can go through way she=s grown up.@ long dry spells.@ On Wednesday, hip 112 sells from Walnut Green=s Reid should know about diversifying. Through three draft. By Unbridled=s Song, the colt is a half to graded decades in the business, he has done everything from stakes winner Fortitude (Cure the Blue) and was pro- training to negotiating stallion rights (he brokered the duced by the graded stakes placed Seattle Slew mare deal that sent Frankel=s Peace Rules to Vinery=s Florida Outlasting, herself a daughter of top racemare and division) to managing last year=s GI Breeders= Cup Clas- champion Outstandingly. Reid had to dig deep for the sic hero and subsequent Horse of the Year Saint Liam colt, paying $350,000 for the gray, but thinks he has a for owner William Warren. top prospect on his hands. Hip 150, Orientate - Spanish Glitter sells Wednesday night at FT Saratoga. www.gainesway.com TDN P HEADLINE NEWS • 8/8/06 • PAGE 3 of 12 In Search of Greener Grass cont. AIt is really very exciting because it is up-to-the-min- AOf the weanlings we bought last year, he was proba- ute, unlike the old system@ said Taylor. AIt=s up-to-the- bly our outstanding purchase,@ Reid said. minute because when a client comes to the barn and When it comes to selecting weanlings, Reid said that swipes the card, telling the computer attendant exactly his strategy is pretty much the same as when he=s who they want to see, all of the information is immedi- buying a horse at the track. ately placed into the system. Before, when we had >When I buy a horse, I=m looking for a horse that I=d paper cards, it would often be hours before those cards like to own, as a racing prospect,@ he explained. AI try would come back to the office for data entry and actu- to buy horses that are runners. We=re not looking for ally get typed into the system. There was a delay.@ And pretty boys, we=re looking for race horses. We=re trying while the benefits of the >Front-person system= were it, and I like the results we=re getting.@ immediate, Taylor anticipates plenty of growth in the future.
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