JANUARY 31, 2003

Information and analysis for the investor

2002 Graded Stakes 1. 2002 GRADED By Ray Paulick STAKES REVIEW

3. GRADED STAKES LEADERS BEST OF THE BEST

4. FRESHMAN SIRES TO WATCH GSWs). For 2002 there is a six-way tie for the lead, t’s relatively easy to define the best of the best in with Dynaformer, French Deputy, Mr. Greeley, 8. FRESHMAN SIRE American racing. That’s what the Thoroughbred Sadler’s Wells, , and Theatrical each siring COMMENTARY I From Pinhookers Owners and Breeders Association’s American Graded five GSWs. The 2001 leader was Cozzene, with six; Stakes Committee does each year, sifting through vol- Theatrical topped the 2000 list with seven. 9. ANALYSIS OF umes of statistical data and then designating a select Looking strictly at the North American-based sires MARES BRED TO number of races with either grade I, II, or III ranking. of grade I (G1) winners, the leaders, with three each, FRESHMAN SIRES In 2002 there were 486 graded races scheduled, 101 of are Affirmed, Mr. Greeley, and Wild Again. Leaders in them grade I, 155 grade IIs, and 230 grade IIIs. It’s a the previous two years were Seattle Slew in 2001 and 11. SIRE CROP COMPARISONS system that’s stood the test of time for 30 years. A.P. Indy in 2000, with four each. (See a chart of the In this annual review of graded stakes results, TBH top sires on page 16.) 12. FRESHMAN SIRE MarketWatch points out which sires, broodmare sires, Globally, there is no contest as to which two sires STATISTICAL breeders, owners, consignors, sale companies, train- dominated the graded/group rankings. Irish-based ANALYSIS ers, and geographic locations had the most success in Sadler’s Wells and rank one-two in both the 14. OBS CALDER producing racing’s elite of 2002. The North American graded/group and grade/group I standings. Sadler’s PINHOOKS statistics featured here combine the American graded Wells had 19 GSWs, with 10 of them G1. Incidentally, races with the 41 Canadian races graded by The Sadler’s Wells also is the leading sire of North 16. LEADING Jockey Club of Canada. American G1 winners with four. Danehill was close INDICATORS Worldwide Additional statistical lists include group races in all behind by GSWs with 15 and seven G1 winners. Graded/Group Winners Northern Hemisphere countries for many of those (Remember, these statistics are for Northern same categories. Hemisphere only.) Perhaps most interesting of all the statistics is the Cox’s Ridge is the leading damsire of North battle for supremacy among sires of North American American GSWs in 2002, with seven, edging Halo by graded stakes winners (hereinafter referred to as (Continued on page 2)

Where G1 Winners Leading N.A. Sires of Auction Information for Were Born Grade 1 Winners Graded Stakes Winners

Location N.A. All N.A. U.S. All All Category GSW GISW Bred G1SW G1SW Sires G1SW Sires G1SW Total Offered 324 74 KY 48 62 Affirmed 3 Sadler's Wells 10 IRE 6 34 Offered as Wnlgs 37 5 CA 4 4 Mr. Greeley 3 Danehill 7 Wnlg Avg. $93,972 $301,046 TBH MarketWatch is published FL 4 4 GB 2 17 Wild Again 3 Storm Cat 4 Wnlg.Med. $27,000 $267,092 FR 1 10 by The Blood-Horse,Inc., Offered as Yrlgs. 134 30 GER 1 5 Broad Brush 2 Affirmed 3 Canada 1 2 Yrlg.Avg. $230,079 $233,464 1736 Alexandria Drive, P.O. Box 4038, CHI 1 1 Gilded Time 2 Machiavellian 3 Yrlg.Med. $100,000 $120,000 MD 1 1 Lexington, KY 40544-4038. NY 1 1 Gone West 2 Mr. Greeley 3 Offered as 2yos 61 13 OH 1 1 2yo Avg. $227,459 $220,692 Telephone: 859 278-2361 PA 1 1 Lear Fan 2 Wild Again 3 2yo Med. $85,000 $120,000 TX 1 1 E-mail: [email protected] VA 1 1 Storm Cat 2 Not Offered at Auction 152 33

1 / TBH MarketWatch 2002 Graded Stakes

(Continued from page 1) one. Next, with five Leaders by N.A. hammer price of $273,661. Fasig-Tipton’s GSWs each, is an outstanding group of brood- Grade I Winners increasingly strong July sale was second in the mare sires that includes Affirmed, Mr. GSW category among yearling sales, with 13, Prospector, Nureyev, Seattle Slew, and Storm GISW followed by Fasig-Tipton’s Saratoga sale, 11, and Bird. (Refer to page 16 for a chart of the leading Consignors Ocala Breeders’ Sale Company’s August sale, dam sires of North American GSWs.). The seven Eddie Woods,agent 3 eight. It was not a good year for the Keeneland GSWs from Cox’s Ridge mares all come from Taylor Made Sales Agency,agent 3 July sale, which produced just one North Denali Stud,agent 2 different sires: Geiger Counter (sire of Nuclear American GSW in 2002. Keeneland September Gainesway,agent 2 Debate), Mane Minister (Bosque Redondo), offered the highest number of eventual North Buyers Dixieland Band (Hook and Ladder), Broad Brush American G1 winners, too, with 20. FT Demi O’Byrne 3 (Mongoose), Mt. Livermore (Orientate), Gone Ben Glass,agent 2 Kentucky was second, with four. West (Westerly Breeze), and Phone Trick Bruce Headley 2 Keeneland November completely dominated (Zavata). It’s worth noting that the Broad Brush- Narvick International 2 the weanling sale category, with 26 eventual Cox’s Ridge cross has been extremely effective, Owners GSWs of 2002 passing through the ring. producing five stakes winners thus far from 15 Godolphin Racing,Inc. 4 From a 2-year-old auction standpoint, it was foals. Edward P.Evans 3 all Florida, with Fasig-Tipton February and OBS Expanding the 2002 statistics to include all Flaxman Holdings and partners 2 March each producing nine 2002 GSWs, fol- graded/group races in the Northern Hemisphere Allen E.Paulson Living Trust 2 lowed by OBS April with eight, and OBS puts Mr. Prospector on top with 10 GSWs, fol- Edmund A.Gann 2 February with four. California-based Barretts lowed by Halo and Rainbow Quest, with nine Gary A.Tanaka 2 March and Fasig-Tipton’s Maryland May sale John C.Oxley 2 each; and Affirmed, Dancing Brave, Miswaki, each had three GSWs to lead the non-Florida John Paul Reddam 2 and Shirley Heights, with eight each. auctions. Sam-Son Farms 2 Edward P. Evans, who has developed one of The Thoroughbred Corporation 2 Taylor Made Sales Agency edged Eaton Sales, the most successful homebreeding operations in Gary and Mary West 2 15 to 14, in the number of 2002 North the world, bred the most North American GSWs Susan Magnier,Michael Tabor 2 American GSWs consigned as yearlings. A quar- of 2002. The Virginia-based breeder had eight Breeders tet of 2-year-old consignors each with four GSWs, one more than the number bred by Edward P.Evans 3 GSWs offered—Robert Scanlon, Eddie Woods, Prince Khalid Abdullah’s Juddmonte Farms, Allen E.Paulson Living Trust 2 Nick de Meric, and Niall Brennan Stables—led which led this category in 2000 and 2001. Flaxman Holdings 2 that category, and Eaton Sales edged Lane’s End Third, with six, was Allen Paulson, followed by Orpendale 2 4-to-3 to top the list of weanling consignors of Canadian-based Sam-Son Farms and Orpendale Payson Stud 2 eventual GSWs. and partners, five each. Evans also leads by G1 Sam-Son Farms 2 Four outfits consigned two or more G1 win- winners in America, with three; five breeders Trainers ners: Eddie Woods and Taylor Made each had have two each, Allen Paulson, Flaxman Robert J.Frankel 7 three, and Denali Stud and Gainesway each had Bob Baffert 4 Holdings, Orpendale, Payson Stud, and Sam- two. Saeed bin Suroor 4 Son Farms. Coolmore associate Demi O’Byrne was the Aidan P.O'Brien 3 From a worldwide standpoint, Juddmonte led Kenneth G.McPeek 3 leading buyer of North American GSWs, with the way with 20 graded/group winners. Sheikh Laura De Seroux 3 six, followed at five by agent Buzz Chace, and Maktoum’s Gainsborough is next, with 13, Mark A.Hennig 3 four each by Sheikh Mohammed/Godolphin although the combination of the GSWs bred by Richard E.Mandella 3 agent John Ferguson Bloodstock and The Sheikh Mohammed (12) and his Darley Stud Bruce Headley 2 Thoroughbred Corp. Bargain shopper of the Management (4) exceeds the number bred by Craig Dollase 2 bunch was Chace, who spent an average of his oldest brother. D.Wayne Lukas 2 $145,800 for the five GSWs, compared to $2 Who sold and bought the highest number of H.James Bond 2 million for Ferguson. O’Byrne also led with the John T.Ward,Jr. 2 North American GSWs? Of the 172 offered at most G1 winners bought, three. Mark R.Frostad 2 least once, 37 went through the ring as wean- Robert Frankel, hands down, was the leading Patrick J.Kelly 2 lings for an average hammer price of $93,972; trainer of North American GSWs and G1 win- Jockeys 134 as yearlings (average $230,079), and 61 as ners, with 23 and seven, respectively. Edgar S.Prado 9 2-year-olds (average $227,459). (The total Jerry D.Bailey 9 Kentucky maintained its rank as the exceeds 172 because of individual horses being John R.Velazquez 7 unmatched producer of top-quality runners. Of offered at sale more than once.) Of the G1 win- Jorge F.Chavez 6 the 362 GSWs in North America, 211 (58%) ners offered at public auction, 5 were as wean- Mike E.Smith 5 were bred in Kentucky. Florida ranked second, lings (average $301,046), 30 as yearlings (aver- Pat Day 5 with 37 (10%). Among North American G1 win- age $233,464), and 13 as 2-year-olds (average Alex O.Solis 4 ners, Kentucky’s dominance was even higher. Of $220,692). Eddie J.Delahoussaye 3 the 74 G1 winners, 48 (65%) were bred in It’s no surprise that the Keeneland September Jose A.Santos 3 Kentucky. When all 145 Northern Hemisphere Kent J.Desormeaux 3 sale led as the No. 1 source of 2002 North G1 races are considered, Ireland jumps up with Patrick Angel Valenzuela 3 M American GSWs, with 68 having an average 34, second on the list to Kentucky’s 62. W

2 / TBH MarketWatch Consignors of N.A. Graded Winners Consignors and Buyers of N.A.Graded Winners Sales with most N.A. Graded Winnners Offered GSW Avg.Price GSW Avg.Price Yearling Consignors Weanling Consignors Sale No.Sold Avg.Price Taylor Made Sales Agency,agent 15 $271,833 Eaton Sales,agent 4 $138,750 Yearling Sales Eaton Sales,agent 14 $233,571 Lane's End,agent 3 $600,000 KEESEP 68 $273,661 Lane's End,agent 8 $1,713,125 Ashford Stud 2 $180,000 FTKJUL 13 $117,461 Summerfield,agent 2 $157,500 Mill Ridge Sales,agent 8 $322,500 FTSAUG 11 $456,250 Jonabell Farm,agent 2 $99,000 Denali Stud,agent 7 $541,386 OBSAUG 8 $31,087 Camas Park Stud,agent 6 $302,891 Three Chimneys Farm,agent 2 $76,000 FTKOCT 4 $15,640 Jonabell Farm,agent 5 $566,000 Vinery,agent 2 $58,500 Three Chimneys Sales,agent 5 $256,000 Fred Seitz,agent 2 $52,500 TATHOU 3 $337,976 Fred Seitz,agent 5 $40,900 Taylor Made Sales Agency,agent 2 $39,000 EASOCT 3 $85,333 Stone Farm,agent 4 $389,000 Pope McLean,agent 2 $28,050 GOFOCT 2 $490,639 Needham/Betz T’breds,agent 3 $218,333 Leading Buyers DEAAUG 2 $49,220 Trickledown Stud 3 $136,532 Demi O'Byrne 6 $637,666.00 KEEJUL 1 $190,000 Calumet Farm 2 $312,500 Buzz Chace,agent 5 $145,800.00 KEEOCT 1 $52,000 Dromoland Farm,agent 2 $297,500 John Ferguson Bloodstock 4 $2,000,000.00 The Thoroughbred Corp. 4 $1,036,250.00 BAROCY 1 $27,000 Blake Agency,agent 2 $190,000 ONTSEP 1 $23,489 Gainesway,agent 2 $170,000 Narvick International 4 $507,500.00 BBA (Ireland) 3 $49,416.00 Waterford Farm,agent 2 $135,000 Weanling Dogwood Stable 3 $111,666.67 Highclere Sales,agent 2 $113,000 KEENOV 26 $98,724 Bruce Headley 3 $113,333.33 Corduff Stud 2 $65,694 OBSOCT 5 $14,000 John C.Oxley 3 $465,000 TATFOA 3 $82,118 Walmac International,agent 2 $60,500 Charlton Bloodstock Agency 2 $21,500 Lanark Farm 2 $52,500 Overbrook Farm 2 $275,000 2-year-olds Beth Bayer,agent 2 $46,750 Padua Stables 2 $1,337,500 FTFFEB 9 $478,888 Janie Roper,agent 2 $26,000 Ben Glass,agent 2 $310,000 OBSMAR 9 $149,888 Elm Tree Farm,agent 2 $24,500 Hal Queen 2 $55,000 OBSAPR 8 $112,062 Summerfield,agent 2 $9,850 Hartmutt Malluche 2 $72,500 OBSFEB 4 $213,750 2-year-old Consignors Jack and Laurie Wolf 2 $73,500 BARMAR 3 $833,333 Robert N.Scanlon,agent 4 $273,750 James K.Chapman 2 $29,000 Eddie Woods,agent 4 $196,750 Kenneth McPeek,agent 2 $202,500 EASMAY 3 $47,333 Nick de Meric,agent 4 $192,500 Robert B.and Beverly J.Lewis 2 $360,000 KEEAPR 2 $297,500 Niall Brennan Stables,agent 4 $135,000 William L.Clifton Jr. 2 $165,000 OBSJUN 1 $30,000 Sequel Bloodstock,agent 3 $406,667 M and H Training and Sales,agent 3 $72,667 Where N.A. GSWs Were Born Lynne Martin,agent 3 $32,167 Chapman Farms 2 $968,500 Location GSWs Location GSWs Location GSWs Mark Casse,agent 2 $402,500 Kentucky 211 New York 6 Brazil 1 Hartley/De Renzo T’breds,agent 2 $325,000 Florida 37 Chile 4 Australia 1 Farnsworth Farms,agent 2 $275,000 California 16 Pennsylvania 4 Arizona 1 Jerry Bailey Sales Agency,agent 2 $262,500 Ontario,Canada 15 Germany 3 Illinois 1 Kirkwood Stables,agent 2 $169,500 Ireland 14 Argentina 2 Japan 1 Eisaman Equine,agent 2 $108,250 Great Britain 13 Michigan 2 New Zealand 1 Welcome Gate Farm,agent 2 $52,000 France 8 New Jersey 2 Ohio 1 Solitary Oak,agent 2 $50,500 British Columbia 6 Texas 2 Oklahoma 1 Maryland 6 West Virginia 2 Virginia 1

Birth Month of N.A. GSWs North American Sibling Rivalry: GSWs by Birth Order

80 120 70 105 103 Birth Month 70 100 63 60 8181 53 80 50 Birth Order 45 40 60 37 30 24 40 21 30 33 20 14 16 11 20 10 5 3 1 3 1 0 0 1st 2nd 3rd 4th 5th 6th 7th 8th 9th 10th 11th 12th 13th January February March April May June July Foal Foal Foal Foal Foal Foal Foal Foal Foal Foal Foal Foal Foal

TBH MarketWatch / 3 2003 Freshman Sires By Frank Mitchell & Michael Youngs FRESHMAN SIRES TO WATCH

FORESTRY placing second to Prime Timber in the San Felipe Stakes (gr. One of the most salient facts in assessing this top 10 selec- II), after which he had to be retired. A half brother to five tion of freshmen sires is that four are sons of Storm Cat, with a stakes winners, including the 1989 Breeders’ Cup Turf (gr. IT) fifth being a grandson. The other five are champions, either in winner Prized, he is a medium-sized, strong and precocious America or abroad. That single fact illustrates how breeders horse that fits the mold of a desirable commercial sire. With perceive Storm Cat’s best sons: they are the equivalent of crops of 85 and 78 in his first two years, he will be expected champions. to--and will need to--get off to a good start as his support is Forestry, out of the built on reputation and expectation.--M.Y. First-Crop Sires Pleasant Colony mare Shared Interest, has the MENIFEE NORTH AMERICAN LEADERS highest stud fee among One has to wonder what Menifee might have been had Sire 2002 No. this group by reason of injury not sidelined him as a juvenile. He followed a 3 1/2- Yrlg. Med. Sold his own race record, pedi- length debut victory with a 3-length allowance victory over Forestry/KY $160,000 32 gree, and his good looks. seven furlongs at Saratoga His victims: Cat Thief and Lemon Exploit/KY $88,500 52 A good-sized horse Menifee/KY $74,500 16 standing nearly 16.2 Artax/KY $69,500 24 hands, Forestry won Mazel Trick/KY $53,500 50 seven of his 11 starts. His Stravinsky/KY $52,000 48 most important victories Horse Chestnut (SAF)/KY $50,000 19 came in the King’s Bishop Silver Charm/KY $48,500 40 Stakes (gr. I) at Saratoga, Tactical Cat/KY $40,000 45 in which he defeated Five Stormin Fever/KY $36,000 39 Star Day, Successful Appeal, Vicar, and Doneraile Court, and in the Dwyer Stakes (gr. II), at Belmont over Doneraile Court. The bay horse also ran third to Menifee and Cat Thief in the Haskell Invitational Handicap (gr. I). Although Forestry earned $591,225, his victory in a grade one race was worth more, as it made him the second winner at that level produced by grade one winner Shared Interest. She

is also the dam of Cash Run, by Seeking the Gold, and that LEONARD TONY filly won the Breeders’ Cup Juvenile Fillies (gr. I). Forestry Shared Interest is one of two grade one winners from her Storm Cat--Shared Interest, by Pleasant Colony 1 Ht. 16.1 ⁄2 dam, the Dr. Fager mare Surgery, and the latter is one of eight winners from the Bold mare Bold Sequence, who is a half sister to Mr. Prospector’s dam Gold Digger. If Forestry needed further qualifications, he is a handsome horse who stands over a good deal of ground, clearly getting some added scope from the influence of Pleasant Colony and Dr. Fager.--F.M. EXPLOIT It is of considerable credit to the influence of Storm Cat and the marketing of Taylor Made that Exploit, who did not win or place at grade I level, was able to retire to stud at a fee of $30,000. Not only did he attract a book of mares that had the second highest class index (CI) of any contemporary first-sea- son stallion, but the resultant crop then achieved the second highest yearling average--for new sires--of $140,000 from 52

sold. As a juvenile, Exploit was unbeaten in four starts that LEONARD TONY included a victory in the Brown & Williamson Kentucky Exploit Jockey Club Stakes (gr. II). He only appeared twice at three, Storm Cat--My Turbulent Miss, by My Dad George winning in the seven-furlong San Vicente Stakes (gr. II) and Ht. 16.0

4 / TBH MarketWatch Drop Kid! A bone chip then sidelined him for six months. It could be argued his bad luck followed him as a three year old. Charismatic won the Kentucky Derby (gr. I) by a neck from the late charging Menifee. In the Preakness (gr. I), Menifee could not reverse the form and again placed second to Charismatic–who went on take three-year-old and Horse of the Year titles. His classic efforts were book-ended by a pair of grade I wins in the Blue Grass Stakes and Haskell Invitational Handicap, both at the expense of Cat Thief, who subsequently won the Breeders’ Cup Classic (gr. I). Menifee is a son of 1994 Vosburgh Stakes (gr. I) winner Harlan (by Storm Cat) and the stakes-winning Halo mare, Anne Campbell (by Never Bend), who was Broodmare of the Year in 1999. Anne Campbell also produced Hollywood Gold Cup (gr. I) winner Desert Wine and Mr. P’s Princess, the dam of champion 2-year-old colt Fasliyev. Being a horse with scope, one should not expect Menifee’s LEONARD TONY Menifee stock to be precocious. Still it is somewhat surprising that Harlan--Anne Campbell, by Never Bend breeders have not afforded him better support considering his Ht. 16.2 excellent yearling average of $98,000 and median of $74,500. His first crop numbers of 37 and 48 are likely to disadvantage him early, but he is a horse with solid credentials.--M.Y. ARTAX As a physical specimen, Artax can compete with any horse. He is an athlete of admirable dimensions, and only Silver Charm and Horse Chestnut can compete with him for power. Of those, Artax was notably the speediest, while Silver Charm and Horse Chestnut carried their speed classic distances. A champion sprinter and winner of the Breeders’ Cup Sprint (gr. I), Artax has an uncommon length of shoulder and depth of girth. This is well balanced by his long hip, which has strong muscling down the length of his hind leg, as well as great width and development across his back and hips. He has a good neck and head, which work well with his

length through the body. Yet despite the mass of his body, GILBERT JOY Artax was a successful racer from ages 2 through 4, winning a Artax half-dozen stakes at distances up to a mile and a sixteenth and Marquetry--Raging Apalachee, by Apalachee developing into a champion sprinter in his final season. Ht. 16.2 Artax is by Marquetry, a winner of nearly $3 million by Horse of the Year Conquistador Cielo, and Marquetry has sired two winners of the Breeders’ Cup Sprint. The other is Squirtle Squirt.--F.M. MAZEL TRICK

Mazel Trick started his career in the French provinces, win- ning two of three starts as a juvenile. A transfer to California led to two victories at three, including a win in the 1 1/16- mile Lazaro S. Barrera Handicap (gr. III). Handled by Bobby Frankel, he was blossoming into a top-class older horse before injury forced retirement. He had scored a six-length victory in the San Diego Handicap (gr. III) and had captured a seven-fur- long track record in the Triple Bend Breeders’ Cup Invitational Handicap (gr. II), which he won by five lengths. It was no JOY GILBERT JOY secret that Frankel was very high on the horse and considered Mazel Trick him a serious contender for some of California’s major graded Phone Trick--Mazatleca, by Ramahorn events. A son of Phone Trick, Mazel Trick is a half brother to Ht. 16.1

TBH MarketWatch / 5 Freshman Sire Review

1994 Hopeful Stakes (gr. I) winner Wild Escapade. He is out of the grade III winner Mazatleca (Mex) whose family has pro- duced few other notable performers. The Airdrie-based Mazel Trick, who has hocks that stand out behind him, has a good- sized first crop of 90. They were well received with 50 year- lings selling for an average of $79,000 and median of $53,500. With 66 foals in his second crop and 104 mares bred in the third year, he should have some sustained support to come.-- M.Y. STRAVINSKY The much-vaunted Stravinsky, though trained in Ireland, made a memorable debut in England. He won at six furlongs after accelerating through a narrow gap along the rail. His subsequent appearances as a juvenile in two seven-furlong ASHFORD STUD tests, unfortunately, weren’t as striking. He ran second in the Stravinsky Prix de la Salamandre (Fr-I), but was disqualified and placed Nureyev--Fire the Groom, by Blushing Groom last. He then ran third in the Dewhurst Stakes (Eng-I). Two more disappointing efforts at the beginning of his three-year- old year followed before a return to six furlongs revitalized his racing career. Stravinsky annihilated a field of older sprinters in track record time in the July Cup (Eng-I) at Newmarket. He unleashed another powerful burst to clear a wall of horses in the five-furlong Nunthorpe Stakes (Eng-I) where he defeated Sainte Marine. Sadly he did not reproduce that form in the Breeders Cup Sprint (gr. I) and went unplaced. The Sprint was his last race. A well-bred horse by Nureyev, he is from the grade I winning Fire the Groom, by Blushing Groom, and has Kentucky Oaks (gr. I) winner Native Street as his third dam. Like all Coolmore stallions, he was very active in the breeding shed. He had 48 yearlings sell for an average of $76,800 and median of $52,000, but his fee has been reduced from $35,000 in 1999 to half that in 2003. Like another excellent European sprinter Dayjur, he may struggle to make his mark in North

America. Not only was he a turf performer, but also the oppor- CLAIBORNE FARM tunities for five- to six-furlong sprinters are relative scarce. Horse Chestnut Fort Wood--London Wall, by Col. Pickering Relocation to Ireland would not be surprising.--M.Y. HORSE CHESTNUT A really strong-looking horse with balance and some quali- ty, Horse Chestnut is the best South African-bred racer since Hawaii, and it is very intriguing that he stands at the same farm that stood Hawaii–Claiborne. Only once beaten in 10 starts, Horse Chestnut ran himself out of competition in his homeland. In the J & B Met, he defeated older horses by more than eight lengths, and Horse Chestnut had earlier slaughtered horses of his own age by 10 lengths in the South African Derby. In his only start in America, Horse Chestnut won the Broward Handicap (gr. III) rather handily by five and a half lengths, but an injury shortly thereafter forced his retirement. Priced at $10,000, Horse Chestnut is one of the two least expensive stallions in this group, but his racing class and very appealing physique drew support from Kentucky breeders. Last TONY LEONARD TONY year, they were rewarded when 20 of Horse Chestnut’s yearlings Silver Charm averaged more than $70,000, with a median price of $50,000. Silver Buck--Bonnie’s Poker, by Poker Ht. 16.2

6 / TBH MarketWatch Horse Chestnut is by the group one winner Fort Wood, one of the best-pedigreed sires in the world as he is by the premier European stallion Sadler’s Wells and is one of nine stakes win- ners out of Fall Aspen.--F.M. SILVER CHARM A good-looking, masculine horse with very good conforma- tion, Silver Charm was the champion of his crop at 3 and 4, winning 11 stakes, including the Kentucky Derby, Preakness, Dubai World Cup, Strub (all gr. I), and earning almost $7 mil- lion. A major winner each year he raced, Silver Charm showed much more precocity than his pedigree suggested. The horse defeated Gold Tribute and Swiss Yodeler in the Del Mar Futurity (gr. II), winning two of his three starts.

By the Buckpasser stallion Silver Buck, Silver Charm is one LEONARD TONY of more than three dozen stakes winners by his sire. Bred and Tactical Cat raced by C.V. Whitney, Silver Buck was from one of Whitney’s Storm Cat--Terre Haute, by Caro premium families, and despite showing his own best form Ht. 16.1 over nine and 10 furlongs as a mature horse, Silver Buck has sired a respectable percentage of 2-year-old winners (22 per- cent) and stakes winners at that age. The dam of Silver Charm is the Poker mare Bonnie’s Poker, who was a very sturdy racehorse. Her sire was exceptionally well bred, being by Round Table out of the Nasrullah mare Glamour from the La Troienne family, and is the broodmare sire of Seattle Slew.--F.M. TACTICAL CAT Tactical Cat was tall as juvenile, probably an influence from his broodmare-sire Caro, but size never hindered his early ability. He won a 4 1/2-furlong maiden race by seven lengths at Keeneland in April. In all he started nine times at two. He won the Tremont Stakes and the 8 1/2-furlong Hollywood Futurity (gr. I) over Prime Timber and produced four stakes- JOY GILBERT JOY placed efforts. He had just three starts the following season Stormin Fever with only an allowance victory and a third place effort in the Storm Cat--Pennant Fever, by Seattle Slew Ack Ack Handicap (gr. III) to his credit. Both his first two Ht. 16.1 dams are stakes winners, with the second, Mia Dancer, being a Marshua’s River half sister to Skip Away’s sire Skip Trial. defeat him in the Iselin Handicap (gr. II) by a nose, and his Priced at $10,000 by Overbrook, the son of Storm Cat was second in the Vosburgh Stakes (gr. I) the same year put him well supported, but he has a class index that trails some of ahead of Tale of the Cat, Distorted Humor, and Kelly Kip. the other sires in this review. Tactical Cat had 70 first crop For all his typical Storm Cat power, Stormin Fever has con- foals with 45 selling as yearlings for an average of $60,800 siderable quality and finesse. He has a good head, good shoul- and a median of $40,000. The second crop number 48, but he der and hindquarters, pleasing length through the body, and covered 124 mares in his third year. Whilst Tactical Cat may an adequate balance of mass to bone. For all his speed, he is not have been the most sought-after son of Storm Cat to not built like a horse that had to sprint. retire to stud, the achievements of Harlan, Forest Wildcat and Stormin Fever’s full sister is the top-quality racemare Storm Boot indicate that not all sons of Storm Cat need to be Raging Fever, who has been among the best of her age since outstanding performers to become successful stallions.--M.Y. her juvenile season. Their dam is Pennant Fever, a daughter of Seattle Slew and the Bold Forbes mare Letty’s Pennant, a half STORMIN FEVER sister to champion Sacahuista and major winner Far Flying. M One of the handsomest sons of Storm Cat, Stormin Fever The fourth dam is the great broodmare Nalee.--F.M. W was an extremely fast racehorse, repeatedly earning Beyer Speed Figures greater than 110. Yet two of his best perform- Frank Mitchell is a freelance writer and bloodstock consultant living in Kentucky.Michael Youngs is a freelance pedigree consultant who lives ances were losses. It took one of Skip Away’s gamest efforts to in England.

TBH MarketWatch / 7 Freshman Sire Analysis Compiled by Eric Mitchell PINHOOKERS CRITIQUE FRESHMAN SIRES

BH MarketWatch has regularly interviewed top 2-year-old pinhookers be surprised if he didn’t pass on that speed to his progeny. Mazel Tabout the progeny of freshman sires they like. While they all have scruti- Tricks look like they will come out running and come out run- nized young horses at auctions across the country, the pinhookers are quick ning early. They are well-balanced with a good hip and shoulder. to say they are most familiar with the horses represented in their barns. Still They have that heavy, blocky musculature that you associate even the ones they liked as yearlings have changed and their abilities as run- with that sire line but they seem scopy enough to offset that." ners has only recently begun to show. The following is their observations. SLEEPER: "Crafty Friend. I have a colt that is big but very coordinated and well put together. He looks like he’ll have some Eddie Woods, Ocala, Fla. speed and be able to go two turns." FAVORITES: Forestry, Mazel Trick, Exploit, Tactical Cat. SLEEPER: El Amante J.B. McKathan, Citra, Fla. "Forestrys are stylish. Nearly all of them are FAVORITES: Silver Charm, Forestry, Exploit, Tactical Cat. good-size, elegant, well-made horses. They SLEEPER: Crafty Friend. have a bit of that Storm Cat (hard-headed- "I am loving the Silver Charms right now. They are working ness), which is good as long as it’s turned in beautifully. Each one has a really efficient way the right direction. Mazel Trick--they are just of moving. Many of the best ones we’ve seen, nice. They are classy and good movers.. we’ve bought so we may have a better group Exploit, again, are good movers. They are well- of Silver Charms than most. I don’t consider balanced horses with quite a bit of Storm Cat him a freshman sire leader, but you just can’t LESLIE MARTIN in them. Our Tactical Cat looks like he wants Woods end it at the end of their 2-year-old year. I am to be really, really fast." also liking both Forestry and Exploit. They are SLEEPER: "El Amante. They are really good moving horses for a coin toss like the Touch Gold and Awesome LOUISE E.LOUISE REINAGEL a cheapy stallion." (El Amante stands at Rio Medina Ranch near Again argument. I guess we’ll have to let them McKathan San Antonio, Texas, for a $2,000 stud fee.) work it out on the track. The Forestrys probably had a little more size early on, but the Exploits are catching up. Exploits were a Robert Scanlon,Williston, Fla. little typier horse earlier. I like Tactical Cat and wound up with FAVORITES: Artax, Stravinksy, Mazel Trick. five of them in the barn even though I didn’t set out to do that. SLEEPER: Horse Chestnut They are all training well. They are really attractive horses and "The ones I have by Artax are fast learners they didn’t bring crazy money." and precocious. They are great movers. They SLEEPER: "Crafty Friend. I have a couple of them that act they are push-button, really. We have some by can be fast. He was a stone sprinter and they usually take off and Stravinsky that are well along. They have become the good 2yo sires." already breezed twice. Everyone is going on about Mazel Trick. They are fast and early and Becky Thomas,Ocala and farm owner in are well put together. They have done every- Kentucky and New York. thing I have asked them to do. Plus they have FAVORITES: Tactical Cat, Mazel Trick, Stormin Fever. LOUISE E.LOUISE REINAGEL great dispositions. Another horse I like, but I Scanlon SLEEPER: Sea of Secrets don’t know if they have enough gas, is Silver Charm. They are "I really like the Tactical Cats, and I have a well put together, and they will be good later in the year. nice Mazel Trick and a very nice Stormin Fever. Stravinskys are a little bigger than you would imagine in a I have one Exploit who is speedy out of four. sprinter. They are big boned but they seem to be athletic, too." The others are more of a longer type horse. All SLEEPER: "Horse Chestnut. I remember him as a racehorse three of my Tactical Cats are real aggressive and thought he was any kind of horse before he broke down." and want to go. They were all very obnoxious. Still, I bred to the horse in addition to buying Nick de Meric, Ocala some babies. They are taller, stretchier, leggier ANNE M. EBERHARDT FAVORITES: Mazel Trick, Exploit, Stormin Fever. Storm Cats. You can see the Caro in them. The Thomas SLEEPER: Crafty Friend Stormin Fevers are more Storm Cat-looking, thicker. The Mazel "I like the Tactical Cats; they are a tough Tricks are all very bright." breed. They have that typical Storm Cat atti- SLEEPER: "This is an oddity, but I have two Sea of Secrets that tude but once you get them on the right page, are very fast. He won’t have the numbers like Tactical Cat, but they are terrific. They are aggressive, but that we’re selling one at Barretts and one at Fasig-Tipton, and I think can translate to competitiveness on the track. they will work very well. We buy based on individuals. One of Artax I would definitely rate as a sure one to the Sea of Secrets is very athletic and really pretty. The other one M watch. They look precocious. He was one of you look at and you don’t understand why he’s fast." W LOUISE E.LOUISE REINAGEL the fastest horses of the decade, and I would de Meric

8 / TBH MarketWatch Broodmare Analysis By Eric Mitchell MARES MAKE THE DIFFERENCE

young stallion has no prayer of being successful without a respectively. As for the hopes of seeing 2-year-old winners show Astrong band of broodmares backing him up. So after listen- up early, Forestry again has a statistical edge. More than half the ing to all the hype from stallion managers about earnings and mares he was bred to his first season won as 2-year-olds and margin of victories in graded stakes, go look at who is covering 19% went on to produce 2-year-old winners. the best runners and producers. California sire Event of the Year was the only other stallion to Forestry is the undisputed leader among freshman sires of rank consistently among the top five freshman sires when 2003 when judged by the quality of mares bred. Like a young ranked by CI and CPI for 2001 and 2002. prince, the handsome bay son of top As mentioned previously, the son Leading Sires by Yearling sire Storm Cat was born to lead. He is of Seattle Slew ranked second by Average to 2000 StudFee Ratio the first foal out of grade I winner 2001 CI and third by 2001 CPI with Shared Interest and as a yearling a 4.69. The quality of Event of the Sire XSF Yearling 2000 Stud 2001 brought $1.5 million at the 1997 Avg.(No.Sold) Fee CI Year’s offspring as weanlings is hard Keeneland July select sale. The Quaker Ridge 10.57 $31,700 (6) $3,000 1.42 to judge since only one sold pub- prince didn’t disappoint when sent Horse Chestnut (SAF)7.37 $73,735 (20) $10,000 1.84 licly in 2001 and four in 2002. off to battle. Forestry earned Menifee 6.56 $98,356 (16) $15,000 2.16 More were sold as yearlings (21) for $591,225 and won the King’s Tactical Cat 6.08 $60,816 (45) $10,000 2.00 an average $31,600, which was a Bishop (gr. I) at seven furlongs and Mazel Trick 5.27 $79,024 (50) $15,000 2.33 harsh number compared to Event the Dwyer Stakes (gr. II) at 1 1/16 Crown Attorney 5.22 $15,668 (16) $3,000 1.60 of the Year’s $40,000 stud fee in miles. Diamond 5.04 $25,186 (14) $5,000 1.06 2000. However, with the backing of When he retired to stud at Taylor Forestry 4.98 $248,766 (32) $50,000 4.68 Betty Mabee’s Golden Eagle Farm, Made Farm, Forestry attracted the Comic Strip 4.77 $35,738 (18) $7,500 1.81 Event of the Year continues to get best group of mares as determined Stormin Fever 4.69 $70,385 (39) $15,000 1.35 strong support. He ranked third by two key indicators--the class per- among freshman sires with a 2002 formance index (CPI) and the comparable index (CI). The CPI CI of 2.63 and third by 2002 CPI with a 4.56. indicates how well a mare did as a racehorse by comparing her Another regular at the top of 2003 freshman sire rankings is average earnings per start with other female runners of her age 1997 3-year-old champion Silver Charm. The son of Silver Buck in the same country. A horse with an average earnings equal to attracted a group of mares that could run his first season as indi- the average of her peers would have a CPI of 1.00. The CI indi- cated by his 2001 CPI of 4.81. They were also a proven band of cates a mare’s quality as a producer by comparing the perform- producers with a CI of 2.77. In 2002, the mares he was bred to ance of her offspring by a given sire with her offspring by differ- were collectively weaker on the racing side and stronger on the ent sires. Better mares have higher CIs because they consistently producing side. The CPI for mares bred to him that foaled in produce runners regardless of her offspring’s sire. 2002 slipped to 3.59 but their CI rose to 3.09, which placed During his first season at stud, Forestry covered mares with Silver Charm second to Forestry by 2002 CI. Silver Charm’s first the highest CPI and highest CI of any member of his stallion crop of weanlings that sold at auction didn’t create much of a class. The CI for mares that delivered his first crop in 2001 was stir. Nine weanlings, bred on a $25,000 stud fee, averaged 4.68, almost a full point higher than the 3.71 CI for Event of $37,244. His offspring offered as yearlings fared better much bet- the Year, the second leading freshman sire when ranked by this ter, averaging $83,063 for 40 sold. The second crop of wean- index for 2001. The CPI for Forestry’s first group of mares was lings, the ones out of the group of better producing mares, also 4.91. Silver Charm ranked a close second with a CPI of 4.81. did better at auction. Silver Charm’s 2002 weanlings averaged The adage "breed the best to the best and hope for the best" $66,250, making him the third leading freshman sire by wean- worked for the breeders who support- ling average for last year. ed Forestry. Commercially, they were Leading Sires Leading Sires Some juvenile pinhookers said while rewarded with the highest weanling by 2001 Foals by 01+02 Foals they expect Silver Charm to be a solid average price among the freshman sire, they are not expecting to see him sire class of 2003. Eight weanlings Sire 01 Live Sire 01+02 near the top of the freshman sire Foals Live Foals sold for an average $257,500. leader board this year. While he won Stravinsky 146 Stravinsky 220 Forestry led his sire class again in the Del Mar Futurity (gr. II) at 2, he Bianconi 137 Bianconi 196 2002 by yearling average ($248,766) was better at 3 and 4. Silver Charm’s Real Quiet 117 Crafty Friend 177 and median ($160,000) for 32 sold. first group of mares could help provide Mazel Trick 90 Real Quiet 175 The strong auction results have kept Victory Gallop 87 Exploit 163 some of his offspring with early speed. breeders with the better mares com- Exploit 85 Mazel Trick 156 Among the mares who delivered Silver ing back. Forestry topped the list of Crafty Friend 85 Silver Charm 154 Charm foals in 2001, 29% were win- freshman sires by CI and CPI for Family Calling 80 Stormin Fever 146 ners at 2 and 16.5% produced juvenile 2002 with indices of 3.57 and 5.88, winners. (Continued on page 10) TBH MarketWatch / 9 (Continued from page 9) Silver Charm stands at Three Chimneys Mazel Trick may not have the most fashionable pedigree, Farm. but his first foal crop is backed by solid producing mares. Graded stakes winner Exploit has been a sire to watch While he ranked 18th among freshman sires by 2001 CPI, because the son of Storm Cat has been drifting around the these same mares placed him fifth by CI. They apparently upper freshman sires rankings by CPI and CI for 2001 and threw a smart bunch of athletic horses that buyers clambered 2002. He got placed solidly in the Mares Who Won at Two for as weanlings and yearlings. limelight, however, after his first crop Mazel Trick was the sixth leading of sale weanlings averaged $154,000, % of No. first-crop sire by 2001 weanling ranking him second by this statistic to Sire 01 Mares Wnrs average ($75,746), the sixth leading Forestry 51% 38 Forestry. Exploit, who also stands at sire by 2002 yearling average City by Night 42% 5 Taylor Made Farm, was second again ($79,024), and the seventh leading Exploit 35% 30 to Forestry by 2002 yearling average Military 34% 12 sire by 2002 weanling average ($137,797 for 53 sold) and by 2002 Crypto Star 33% 14 ($47,182). The first mares bred to weanling average ($79,667 for six Holzmeister 32% 11 Mazel Trick also have shown an sold). Real Quiet 31% 36 affinity for producing 2-year-old Several top juvenile pinhookers Emancipator 31% 8 winners. Out of 416 foals, this group have described the Exploit offspring New Way 30% 6 has produced 93 (22%) 2-year-old in their barns as precocious and are Stephanotis 30% 8 winners and 20 (4.8%) 2-year-old showing signs of early speed. Like Artax 30% 21 stakes winners. Mazel Trick stands Forestry, Exploit got some help from Silver Charm 29% 23 for $12,500 at Airdrie Stud. his first group of broodmares of Stormin Fever wasn’t among the which more than a third won as 2 year olds and 16% have pro- top 10 freshman in 2001 with a modest 1.35 CI and despite a rela- duced juvenile winners. tively strong 2.99 CPI. Like Airdrie stallion barnmate Mazel Trick, Count Horse Chestnut among the however, his status was elevated at the horses to keep an eye on this year. Leading Sires by % of 2yo Winners yearling sales, particularly the Fasig- The South African-bred son of group I Out of 2001 Dams Tipton new sire showcase last July winner Fort Wood, backed by mares where he was the second-leading with a solid 2001 CI (1.84) and CPI Sire Dam Dam 2yo 2yo Foals freshman sire by average. Six of his Wnrs Wnrs % (2.78), produced an outstanding first Horse Chestnut (SAF) 156 40 26% yearlings averaged $176,667. Exploit crop. His 2001 sale weanlings aver- Statesmanship 40 9 23% was the leading freshman sire by aver- aged $64,667 (for three sold) and his Mazel Trick 416 93 22% age ($185,714) at the Fasig-Tipton sale yearlings averaged $73,735 (for 20 Reality Road 32 7 22% and Mazel Trick ($169,250) was third. sold) or 7.37 times his initial stud fee Classy Prospector 39 8 21% For the entire year, Stormin Fever is Tactical Cat 289 58 20% of $10,000. These yearlings could eas- Wild Event 158 32 20% the 10th leading freshman sire with ily carry their sales successes to the King of the Heap 51 10 20% an average of $70,385. track since their dams produced the Chelsey Cat 66 13 20% Artax, Menifee, and Stravinsky greatest percentage of 2-year-old win- Forestry 336 64 19% are others who rank among the lead- ners compared with the mares bred to Stephanotis 107 20 19% ers by either broodmare indices or Comic Strip 206 39 19% other freshman sires. The 39 mares sales results. Champion sprinter bred to Horse Chestnut in 2001 have Artax is the fifth leading sire with a already produced 156 foals, of which 40 (26%) became winners 2.26 CI for 2002. He also ranked fifth by 2002 weanling average as 2-year-olds. Five of those 2-year-olds, 3.2%, became stakes ($54,167) and seventh by yearling average ($74,771) last year. winners. Claiborne Farm’s Horse Chestnut is among the top 10 Stone Farm’s Menifee is the fourth-leading freshman sire by freshman sires by 2002 CI (1.92) and Leading Sires by % of 2yo Stks Winners 2002 CPI with a 3.73 and he just 2002 CPI (3.61). Out of 2001 Dams missed the top 10 with a 1.76 CI for Other horses to watch are Tactical the same year. He is the third leading Cat, Mazel Trick, and Stormin % 2yo No. freshman sire by yearling average Fever. Tactical Cat is another son of Sire Stks Wnrs Wnrs ($98,356) and the sixth leading sire Storm Cat who appears to be produc- Classy Prospector 7.7% 3 by weanling average ($48,286) last Tactical Cat 5.2% 15 ing some hard-headed, but tenacious Forestry 5.1% 17 year. Ashford Stud’s Stravinsky has offspring. He had a good CI of 2.00 Mazel Trick 4.8% 20 regularly been among the top 10 and a CPI of 2.71 for 2001, and his Zede 4.2% 2 sires of his class by CI and CPI. For progeny were well received at auc- Silver Charm 3.9% 12 2002, he had a 1.98 CI and a 3.67 Free House 3.7% 8 tion. He ranked seventh among fresh- Crown Attorney 3.4% 5 CPI. His yearlings and weanlings also man sires by 2001 weanling average Horse Chestnut (SAF) 3.2% 5 were well received. Stravinsky is the ($65,750) and 10th by 2002 yearling Exploit 3.2% 9 fifth-leading sire by yearling average Sea of Secrets 3.1% 6 average ($60,816). Tactical Cat stands ($81,237) and the four leading sire Comic Strip 2.9% 6 M for $10,000 at Overbrook Farm. by weanling average ($54,372). W

10 / TBH MarketWatch First-Crop Sires First-Crop Sires First-Crop Sires First-Crop Sires First-Crop Sires by 2001 Comp Index by 2002 Comp Index by 2002 CI Mares Bred by 2001 CPI by 2002 CPI Sire 2001 CI Sire 2002 CI Sire 2002 CI MB Sire 2001 CPI Sire 2002 CPI Forestry 4.91 Forestry 4.68 Forestry 3.57 Forestry 3.45 Forestry 5.88 Silver Charm 4.81 Event of the Year 3.71 Silver Charm 3.09 Event of the Year 3.17 Real Quiet 4.73 Exploit 3.39 Event of the Year 2.63 Menifee 2.57 Event of the Year 4.69 Event of the Year 4.56 Silver Charm 2.77 Exploit 2.42 Exploit 2.43 Exploit 4.51 Menifee 3.73 Mazel Trick 2.33 Artax 2.26 Silver Charm 2.09 Free House 3.94 Bustopher Jones 3.71 Menifee 2.16 Stravinsky 1.98 Free House 2.00 Victory Gallop 3.84 Stravinsky 3.67 Stravinsky 2.00 Lil's Lad 1.93 Porto Foricos 1.98 Sahm 3.68 Mud Route 3.64 Tactical Cat 2.00 Horse Chestnut (SAF) 1.92 Mazel Trick 1.93 Stravinsky 3.61 Horse Chestnut (SAF) 3.61 Statesmanship 1.99 Free House 1.90 Horse Chestnut (SAF) 1.90 Real Quiet 3.40 Silver Charm 3.59 Victory Gallop 1.97 Stormin Fever 1.84 Stravinsky 1.88 Menifee 3.07 Exploit 3.06 Free House 1.85 Menifee 1.76 Real Quiet 1.85 Stormin Fever 2.99 Free House 2.98 Horse Chestnut (SAF) 1.84 Victory Gallop 1.58 Tactical Cat 1.85 Comic Strip 2.87 Stephanotis 2.83 Artax 1.82 Family Calling 1.56 Stormin Fever 1.84 Horse Chestnut (SAF) 2.78 Artax 2.68 Comic Strip 1.81 Category Five 1.56 Lil's Lad 1.78 Tactical Cat 2.71 Trail City 2.51 Archers Bay 1.81 Wild Wonder 1.49 Sea of Secrets 1.77 New Way 2.59 Crafty Friend 2.43 Good and Tough 1.80 Tactical Cat 1.48 Artax 1.74 Diamond 2.52 Stormin Fever 2.41 Precocity 1.78 Doneraile Court 1.45 Archers Bay 1.62 Crafty Friend 2.44 Mazel Trick 2.39 Expelled 1.76 Sea of Secrets 1.43 Malibu Moon 1.61 Mazel Trick 2.35 Victory Gallop 2.37 Wagon Limit 1.72 Trail City 1.41 Crown Attorney 1.58 Lil's Lad 2.33 Lil's Lad 2.36 Bugatti Reef (IRE) 1.66 Real Quiet 1.40 Expelled 1.57 Mud Route 2.28 Scatmandu 2.10 Crown Attorney 1.60 Archers Bay 1.37 Victory Gallop 1.54 Artax 2.23 Porto Foricos 1.99 Bianconi 1.58 Military 1.29 Precocity 1.52 Precocity 2.23 Doneraile Court 1.91 Doneraile Court 1.50 Bugatti Reef (IRE) 1.28 Wild Event 1.47 Archers Bay 2.21 Tactical Cat 1.87 Lil's Lad 1.48 Mazel Trick 1.27 Family Calling 1.47 Good and Tough 2.20 Good and Tough 1.83 Perfect Mandate 1.44 Diamond 1.27 Comic Strip 1.45 Perfect Mandate 2.18 General Royal 1.80 Includes stallions with a minimum of 20 foals each crop year.

2002 Leading Freshman Sires by Lifetime Earnings 2002 Leading Second-Crop Sires by Lifetime Earnings Named Rnrs Wnrs SW 2002 Named Rnrs Wnrs SW Lifetime Sire Foals (% Fls) (% Fls) (% Fls) Earnings AEI CI Sire Foals (% Fls) (% Fls) (% Fls) Earnings AEI CI Distorted Humor 99 32 (32%) 15 (15%) 5 (5%) $1,301,950 2.92 1.54 Langfuhr 243 106 (44%) 63 (26%) 5 (2%) $4,363,537 1.56 2.01 Awesome Again 73 31 (42%) 10 (14%) 2 (3%) $1,258,620 2.52 2.58 Pulpit 99 63 (64%) 33 (33%) 4 (4%) $4,180,516 2.54 3.53 Elusive Quality 75 39 (52%) 23 (31%) 6 (8%) $1,242,843 2.12 1.72 Valid Expectations 100 86 (86%) 62 (62%) 5 (5%) $4,066,558 1.87 1.69 Tale of the Cat 139 41 (29%) 24 (17%) 5 (4%) $1,042,321 1.6 2.57 Smoke Glacken 125 85 (68%) 56 (45%) 7 (6%) $3,616,836 1.75 1.52 Grand Slam 123 53 (43%) 19 (15%) 1 (1%) $782,464 1.04 2.16 Open Forum 146 93 (64%) 56 (38%) 3 (2%) $3,461,776 1.61 1.78 Touch Gold 86 32 (37%) 9 (10%) 1 (1%) $781,094 1.49 2.92 Alphabet Soup 169 92 (54%) 45 (27%) 3 (2%) $2,990,290 1.59 1.61 Swiss Yodeler 44 27 (61%) 16 (36%) 3 (7%) $748,718 1.72 1.1 Lost Soldier 106 63 (59%) 39 (37%) 5 (5%) $2,614,806 1.76 1.63 Coronado's Quest 52 25 (48%) 12 (23%) 3 (6%) $608,726 1.85 3.53 Louis Quatorze 209 63 (30%) 31 (15%) 1 (0%) $2,423,221 1.49 1.83 Stormy Atlantic 44 22 (50%) 9 (20%) 3 (7%) $566,126 1.61 1.41 Siphon (BRZ) 157 77 (49%) 34 (22%) 3 (2%) $2,074,155 1.33 2.30 Indian Charlie 77 37 (48%) 13 (17%) 1 (1%) $545,751 0.88 1.44 Boston Harbor 135 73 (54%) 37 (27%) 4 (3%) $2,057,986 1.45 2.67 Concerto 44 23 (52%) 14 (32%) 1 (2%) $537,140 1.45 1.39 Helmsman 90 67 (74%) 40 (44%) 1 (1%) $2,046,138 1.39 1.24 Souvenir Copy 103 44 (43%) 17 (17%) 0 (0%) $518,257 0.73 1.44 Tejano Run 64 41 (64%) 25 (39%) 3 (5%) $1,979,425 1.98 1.14 Favorite Trick 74 31 (42%) 12 (16%) 1 (1%) $513,422 1.02 2.53 Sir Cat 132 74 (56%) 39 (30%) 5 (4%) $1,814,080 1.12 1.36 Skip Away 89 36 (40%) 12 (13%) 2 (2%) $510,539 0.86 1.8 Suave Prospect 80 62 (78%) 37 (46%) 3 (4%) $1,791,924 1.34 1.08 Formal Gold 68 28 (41%) 15 (22%) 0 (0%) $463,868 1.03 2.13 Spinning World 247 98 (40%) 49 (20%) 8 (3%) $1,739,922 1.40 2.46 Announce 84 30 (36%) 15 (18%) 3 (4%) $458,323 0.98 1.53 Jules 203 68 (33%) 44 (22%) 6 (3%) $1,680,048 1.24 1.60 Deputy Commander 88 47 (53%) 10 (11%) 0 (0%) $457,813 0.6 2.1 Captain Bodgit 144 97 (67%) 50 (35%) 1 (1%) $1,667,226 0.82 1.35 Double Honor 65 40 (62%) 21 (32%) 0 (0%) $455,778 0.71 1.59 Barkerville 106 32 (30%) 17 (16%) 9 (8%) $1,659,457 2.26 1.44 Banker's Gold 52 24 (46%) 12 (23%) 1 (2%) $452,711 1.17 1.92 Editor's Note 127 88 (69%) 50 (39%) 3 (2%) $1,636,870 0.85 1.83 Benchmark 45 23 (51%) 10 (22%) 0 (0%) $435,089 1.17 0.94 Gold Case 109 65 (60%) 38 (35%) 5 (5%) $1,607,738 1.25 1.41 Lucky Lionel 44 23 (52%) 13 (30%) 0 (0%) $421,493 1.14 1.94 Outflanker 57 36 (63%) 27 (47%) 4 (7%) $1,599,438 1.85 1.22 Partner's Hero 61 25 (41%) 14 (23%) 1 (2%) $405,846 1.01 1.62 Halo's Image 95 57 (60%) 35 (37%) 1 (1%) $1,491,553 1.12 1.53 Kiridashi 60 21 (35%) 10 (17%) 1 (2%) $401,105 1.18 1.67 Sandpit (BRZ) 179 88 (49%) 37 (21%) 3 (2%) $1,367,224 0.75 1.14 Dance Brightly 78 39 (50%) 8 (10%) 0 (0%) $376,510 0.6 1.56 Matty G 58 43 (74%) 27 (47%) 3 (5%) $1,355,969 1.24 1.21 King of Kings (IRE) 189 42 (22%) 10 (5%) 1 (1%) $290,652 0.77 2.11 Whiskey Wisdom 97 51 (53%) 17 (18%) 3 (3%) $1,320,827 1.26 2.07

TBH MarketWatch / 11 FRESHMAN SIRE STATISTICAL ANALYSIS Listed below are statistics for stallions with a minimum $1,000 stud fee for 2003 from North America whose first crop are 2-year-olds of 2003. They are listed alpha- betically. Provided for the stallions are live foal stud fees for their first (2000) and most recent breeding season, when available/applicable. 01 Foals reflects live foals that are 2-year-olds of 2002; 01 CI (Comparable Index) and 01 CPI (Class Performance Index) are based on the mares that produced those named foals. 02 Foals reflects all registered foals to date; 02 CI and 02 CPI are based on the mares that produced those registered foals. 02 M. Bred represents the number of mares bred to a stallion in 2002. 03 CI and 03 CPI are based on all the mares bred in 2002 whether or not they produced a live foal in 2002. Sales averages are for the sale year and include North American auctions and major European sales. CI (Comparable Index) indicates the average earnings of progeny produced from mares bred to a sire, when these same mares were bred to other sires. In other words, CI indicates the producing quality of mares being bred to a stallion. CPI (Class Performance Index) evaluates the racing quality of the mares, and the numbers published herein are the average CPI of those mares which raced. CPI measures average earnings per start, then compares that number to the average earnings per start for that crop and gender. Dam 2yo Wnrs refers to the number and percentage of dams of 2001 foals to win at two. Foals 2yo Wnrs mean the number and percentage of the dams other named foals to win at two. Fls. 2yo Stks.Wnrs refers to the number and percentage of the dams other named foals to win a 2-year-old stakes race. North American Freshman Sires Sire’s 2000 2003 01 01 01 02 02 02 02 03 03 01 Wnlg. Avg. 02Yrlg. Avg. 02 Wnlg. Avg. Dam 2yo Foals Fls. 2yo Sire Sire Fee Fee Foals CI CPI Foals CI CPI M.Bred CI CPI (No. Sold) (No. Sold) (No. Sold) Wnrs (%) 2yo Wnrs Stks.Wnrs

Archers Bay Silver Deputy $7,500 57 1.81 2.21 44 1.37 1.66 34 1.62 1.97 $8,000 (4) $18,188 (21) 14 20 (14%) 2 (1.4%) Artax Marquetry $30,000 $15,000 69 1.82 2.23 75 2.26 2.68 93 1.74 2.78 $63,500 (4) $74,771 (24) $54,167 (6) 21 33 (15%) 4 (1.9%) Awesome Cat Storm Cat $1,000 $1,000 22 0.69 1.05 15 0.53 1.28 40 0.78 1.35 $1,825 (2) $3,200 (1) 3 4 (8%) Baquero Forty Niner $2,000 $1,000 47 0.56 1.18 35 0.32 0.72 32 0.8 0.67 $2,000 (5) $3,367 (8) $2,000 (1) 13 16 (10%) 1 (0.6%) Bianconi Danzig $10,000 $5,000 137 1.58 2.04 59 1.23 1.29 77 0.98 1.6 $16,050 (12) $17,225 (38) $1,767 (3) 22 61 (12%) 7 (1.4%) Bugatti Reef (IRE) Danzig $2,500 $1,000 21 1.66 1 20 1.28 1.25 11 0.94 0.87 $1,450 (2) 6 10 (13%) 1 (1.3%) Built for Pleasure Homebuilder $3,500 11 0.82 0.81 6 1.86 3.13 10 0.53 0.95 $3,100 (2) 1 1 (7%) Bustopher Jones Storm Cat $2,000 $1,500 44 1.04 1.46 24 0.99 3.71 21 0.48 0.96 $2,000 (2) 12 26 (13%) 2 (1%) Canyon Run Dixieland Band $1,000 $1,000 11 1.19 1.43 6 0.29 1.21 14 1.6 1.61 3 3 (10%) Category Five Storm Cat $1,500 $2,500 25 0.72 0.93 28 1.56 1.33 34 0.68 0.83 $6,850 (2) 4 5 (8%) Chelsey Cat Storm Cat $1,000 14 0.81 1.45 13 0.92 0.69 21 1.43 1.2 $2,977 (1) $5,200 (6) 213 (20%) 1 (1.5%) City by Night Slew City Slew $1,000 $1,000 12 1.63 0.82 30 0.89 0.73 57 1.17 0.86 5 4 (8%) 1 (1.9%) Classy Prospector Mr.Prospector $3,000 11 0.84 1.07 11 1.24 0.64 18 1.02 1 $3,133 (3) 3 8 (21%) 3 (7.7%) Claudius Majestic Light $2,000 $2,000 12 0.81 0.54 14 0 0.87 18 0.74 0.45 2 Cloud Cover Storm Cat $2,500 $3,000 19 0.83 0.93 17 0.71 0.91 31 0.66 0.84 $10,750 (2) 2 7 (12%) Comic Strip Red Ransom $7,500 $7,500 40 1.81 2.87 39 0.91 0.88 61 1.45 2.44 $18,018 (11) $35,738 (18) $9,650 (10) 9 39 (19%) 6 (2.9%) Crafty Friend Crafty Prospector $7,500 $7,500 85 1.37 2.44 92 1.15 2.43 83 1.33 2.17 $29,267 (12) $16,177 (44) $10,100 (5) 20 55 (15%) 6 (1.7%) Crown Attorney Silver Deputy $3,000 $3,000 41 1.6 1.61 32 1.14 1.04 49 1.58 1.32 $15,668 (16) $4,793 (2) 7 27 (18%) 5 (3.4%) Crypto Star Cryptoclearance $3,500 $3,500 43 1.08 1.6 32 1.21 1.69 37 1.15 1.9 $2,500 (3) $4,325 (4) 14 11 (7%) Deodar Woodman $750 $1,000 16 0.56 0.67 10 0 0.23 17 0.6 1.05 3 3 (6%) Diamond Mr.Prospector $5,000 $5,000 60 1.06 2.52 37 1.27 1.41 50 1.29 2.28 $12,675 (4) $25,186 (14) $4,050 (2) 14 26 (12%) 5 (2.4%) Doneraile Court Seattle Slew $10,000 $7,500 79 1.5 1.93 53 1.45 1.91 49 1.18 1.36 $20,200 (11) $17,750 (37) $15,050 (8) 22 47 (18%) 2 (0.8%) El Amante Wild Again $3,500 $2,000 32 1.32 1.48 18 0.29 1.07 15 0.84 1.07 $2,050 (2) $8,050 (6) 9 15 (13%) 3 (2.6%) Emancipator Forty Niner $2,000 $1,000 26 0.84 0.94 3 0.76 1.86 20 0.8 0.65 $1,100 (1) $4,150 (2) 8 8 (10%) 1 (1.2%) Epic Honor Honor Grades $2,000 22 0.75 1.18 18 0.82 1.31 17 0.84 1.51 $3,250 (8) $7,000 (1) 4 18 (19%) 1 (1.1%) Etbauer Silver Deputy $5,000 $2,500 17 0.98 0.53 17 1.01 0.57 14 1.01 0.79 $200 (1) 2 1 (3%) Event of the Year Seattle Slew $40,000 $10,000 73 3.71 4.69 68 2.63 4.56 80 3.17 4.55 $22,000 (1) $31,600 (21) $19,375 (4) 9 36 (11%) 4 (1.2%) Expelled Explodent $6,500 $5,000 49 1.76 1.94 21 0.85 1.59 34 1.57 1.31 $26,417 (6) $14,872 (23) $2,867 (3) 9 29 (13%) 2 (0.9%) Exploit Storm Cat $30,000 $25,000 85 3.39 4.51 78 2.42 3.06 87 2.43 2.89 $154,000 (5) $137,797 (53) $79,667 (6) 30 46 (16%) 9 (3.2%) Family Calling Mr.Prospector $5,000 $5,000 80 1.1 1.28 64 1.56 1.68 95 1.47 1.51 $12,796 (11) $7,625 (28) $7,770 (10) 11 69 (16%) 2 (0.5%) Finest Hour Forty Niner $1,000 53 0.9 1.25 46 0.64 1.06 53 0.87 0.86 $2,633 (3) $8,900 (3) $3,250 (2) 14 30 (11%) 3 (1.1%) Forestry Storm Cat $50,000 $50,000 75 4.68 4.91 65 3.57 5.88 116 3.45 5.06 $257,500 (8) $248,766 (32) $125,000 (4) 38 64 (19%) 17 (5.1%) Free House Smokester $15,000 $15,000 63 1.85 3.94 35 1.9 2.98 39 2 2.98 $20,000 (1) $30,441 (17) 15 22 (10%) 8 (3.7%) Frisk Me Now Mister Frisky $5,000 $4,000 31 1.15 2.02 11 0.68 2.21 24 1.38 0.77 $28,250 (2) $7,743 (7) 6 14 (10%) General Royal A.P.Indy $5,000 $5,000 40 1.15 1.33 45 1.26 1.8 80 0.92 1.73 $23,033 (6) $9,207 (14) $13,750 (2) 5 28 (19%) Gold Market Seeking the Gold $1,500 $1,500 12 0.73 0.71 8 0.76 1.29 21 1.18 1.56 $2,100 (2) 1 6 (15%) 1 (2.5%) Gold Regent Mr.Prospector $2,000 $2,000 46 0.76 1.63 20 0.84 1.06 26 0.51 1.41 $1,983 (3) $2,300 (1) 18 23 (14%) 2 (1.2%) Good and Tough Carson City $8,500 $6,000 46 1.8 2.2 38 1.25 1.83 45 1.26 1.63 $2,300 (1) $25,081 (21) $5,320 (5) 11 40 (18%) 5 (2.3%) Guarani Storm Bird $2,500 $2,500 14 0.31 0.72 4 1 2.55 10 0.74 0.77 1 1 (2%) Halos and Horns Saint Ballado $2,500 16 0.76 0.54 16 1.17 1.01 26 0.78 0.77 $2,867 (3) $26,600 (2) $5,500 (1) 2 7 (15%) 1 (2.1%) Holzmeister Woodman $3,000 $3,000 34 1.09 1.26 17 1.08 0.55 18 0.93 0.86 $3,467 (3) $4,977 (13) 11 20 (16%) 1 (0.8%) Horse Chestnut (SAF)Fort Wood $10,000 $10,000 39 1.84 2.78 57 1.92 3.61 91 1.9 2.82 $64,667 (3) $73,735 (20) $32,200 (5) 8 40 (26%) 5 (3.2%) Incurable Optimist Cure the Blues $2,500 $1,000 76 1.31 2.18 1 0 0 0 0 0 $600 (1) 14 13 (4%) 2 (0.6%) King of the Heap Allen's Prospect $2,500 $2,500 13 1.27 0.84 3 0 0 20 0.96 1.62 $9,500 (1) $10,000 (1) 2 10 (20%) Lakeshore Road Alleged $1,000 $1,200 10 0.37 0.57 20 0.92 0.8 35 0.93 0.72 2 1 (3%) Leestown Seattle Slew $2,000 $2,000 66 0.97 1.2 71 0.97 1.73 87 0.92 1.21 $5,369 (13) $2,300 (2) 15 36 (14%) 4 (1.5%) Lil's Lad Pine Bluff $10,000 $10,000 70 1.48 2.33 45 1.93 2.36 23 1.78 2.04 $11,650 (6) $17,704 (34) $15,667 (3) 11 53 (19%) 6 (2.2%) Limit Out Northern Flagship $3,500 $2,000 13 1.06 1.53 14 1.01 2.57 26 1.52 1.58 $1,100 (2) $4,000 (4) 2 5 (14%) Lucayan Prince Fast Play $3,500 $3,500 19 1.18 1.9 18 0.87 2.26 7 1.27 1.28 $22,000 (1) 1 4 (6%) Malibu Moon A.P.Indy $3,000 $3,000 66 1.01 1.32 69 1.01 1.46 55 1.61 1.99 $7,320 (5) $12,600 (7) $2,450 (6) 12 31 (12%) 2 (0.8%) Mazel Trick Phone Trick $15,000 $12,500 90 2.33 2.35 66 1.27 2.39 104 1.93 1.89 $75,746 (13) $79,024 (50) $47,182 (11) 26 93 (22%) 20 (4.8%) 12 / TBH MarketWatch North American Freshman Sires Sire’s 2000 2003 01 01 01 02 02 02 02 02 02 01 Wnlg. Avg. 02Yrlg. Avg. 02 Wnlg. Avg. Dam 2yo Foals Fls. 2yo Sire Sire Fee Fee Foals CI CPI Foals CI CPI M.Bred MB MB (No. Sold) (No. Sold) (No. Sold) Wnrs (%) 2yo Wnrs Stks.Wnrs

Menifee Harlan $15,000 $15,000 37 2.16 3.07 48 1.76 3.73 76 2.57 2.98 $90,000 (3) $98,356 (16) $48,286 (7) 9 25 (16%) 4 (2.6%) Military Danzig $7,500 $5,000 35 1.24 2.14 27 1.29 1.51 36 1.14 1.57 $7,700 (6) $8,902 (13) $3,717 (6) 12 18 (14%) Minister's Mark Deputy Minister $2,500 11 1.02 0.74 7 0.81 3.43 1 0 0 $1,600 (1) $2,000 (2) 3 4 (8%) Mud Route Strawberry Road (AUS)$5,000 $5,000 40 1.43 2.28 46 1.05 3.64 43 0.95 1.78 $1,600 (1) $10,240 (5) $1,200 (1) 5 19 (14%) 2 (1.5%) New Way Danzig $3,500 Private 20 0.7 2.59 19 0.33 3.67 17 3.01 3.34 $2,367 (6) 6 2 (3%) Northern Devil Forty Niner $1,500 12 1.03 0.57 15 0.28 0.53 17 0.82 1.06 0 3 (6%) Old Trieste A.P.Indy $25,000 $25,000 47 2.06 4.62 69 1.97 3.94 117 2.06 4.06 $117,400 (5) $110,907 (32) $52,000 (8) 12 29 (20%) 3 (2.1%) Perfect Mandate Gone West $1,500 $1,500 30 1.44 2.18 9 1.49 5.52 48 1.23 1.51 $5,350 (2) $3,700 (1) 6 17 (14%) 2 (1.6%) Porto Foricos Mr.Prospector $3,000 11 1.4 1.38 21 1.09 1.99 27 1.98 2.26 $5,910 (5) 1 1 (2%) 1 (2.2%) Precocity Aferd $2,500 $2,500 35 1.78 2.23 28 1.03 1.56 30 1.52 1.51 $3,505 (21) $1,275 (4) 9 19 (17%) 1 (0.9%) Quaker Ridge Forty Niner $3,000 $3,000 30 1.42 1.49 26 1.06 1.28 42 0.97 1.07 $8,675 (4) $31,700 (6) $9,700 (1) 6 25 (19%) Quarry Forty Niner $2,000 $1,500 19 1.24 0.95 18 0.83 0.74 25 0.77 0.95 $2,263 (2) 0 5 (8%) Rainbow Blues (IRE) Bluebird $2,000 $1,500 17 1 1.19 4 0.41 1.53 3 1.71 1.21 $3,180 (5) 4 10 (14%) Real Quiet Quiet American $25,000 $10,000 117 1.21 3.4 58 1.4 4.73 114 1.85 2.79 $48,800 (5) $41,892 (50) $17,991 (5) 36 59 (14%) 9 (2.2%) Reality Road Believe It $2,500 $2,500 11 0.77 0.4 9 0 0.49 20 0.98 1.26 $2,000 (1) $1,000 (1) 1 7 (22%) Royal Regatta (IRE) Sadler's Wells $2,000 $1,000 11 0.39 0.69 9 0 0.36 8 0.33 0.53 $1,100 (1) $1,700 (1) 1 1 (2%) Rubiyat Rubiano $2,000 $2,000 11 0.8 0.86 11 0.32 0.87 23 1.01 1.11 $5,200 (1) $6,500 (1) $2,400 (1) 1 1 (4%) Safely's Mark Danzig $3,000 23 0.93 1.95 3 2.05 0.37 0 0 0 $2,457 (7) $4,750 (2) 6 5 (6%) 1 (1.2%) Sahm Mr.Prospector $7,500 $5,000 36 1.38 3.68 19 0.76 1.14 83 1.17 1.93 $12,667 (3) $11,861 (18) $4,000 (1) 9 18 (12%) 4 (2.6%) Scatmandu Storm Cat $8,500 $7,500 72 1.15 1.3 39 0.81 2.1 51 1.17 1.63 $20,064 (11) $28,733 (36) $15,300 (5) 16 26 (13%) 2 (1%) Sea of Secrets Storm Cat $7,500 $5,000 60 1.15 1.43 24 1.43 1.44 47 1.77 1.48 $13,927 (11) $12,978 (27) $9,667 (3) 9 35 (18%) 6 (3.1%) Secreniner Forty Niner $3,500 17 1.06 1.27 10 1.38 0.5 23 1.36 1.08 $2,200 (2) $3,500 (1) 3 6 (11%) Silver Charm Silver Buck $25,000 $25,000 79 2.77 4.81 75 3.09 3.59 92 2.09 3.29 $37,244 (9) $83,063 (40) $66,250 (8) 23 51 (17%) 12 (3.9%) Star of Valor Phone Trick $3,500 $3,500 12 2.8 1.33 18 1.4 1.4 14 1.21 1.34 $2,000 (1) 3 8 (16%) 1 (2%) Statesmanship Silver Deputy $5,000 Private 23 1.99 0.66 7 0.74 0.48 9 0.63 1.25 $2,700 (1) 2 9 (23%) 1 (2.5%) Stephanotis Regal Classic $3,000 $3,000 27 0.69 1.51 27 0 2.83 37 1.05 1.09 $6,627 (9) 8 20 (19%) 1 (0.9%) Stormin Fever Storm Cat $15,000 $15,000 73 1.35 2.99 73 1.84 2.41 115 1.84 2.62 $35,500 (13) $70,385 (39) $43,556 (9) 18 40 (15%) 4 (1.5%) Stravinsky Nureyev $35,000 $17,500 146 2 3.61 74 1.98 3.67 158 1.88 3.47 $103,329 (20) $81,237 (65) $54,372 (8) 29 83 (16%) 13 (2.5%) Surachai Slewpy $3,500 $3,500 28 0.75 1.66 22 0.68 0.97 31 1.02 2.01 $11,250 (2) 8 12 (9%) 1 (0.7%) Tactical Cat Storm Cat $10,000 $10,000 70 2 2.71 50 1.48 1.87 124 1.85 1.75 $65,750 (16) $60,816 (45) $24,778 (9) 14 58 (20%) 15 (5.2%) The Silver Move Silver Buck $2,500 $1,500 13 1.11 0.52 13 1.09 0.02 33 0.77 0.94 $1,600 (1) $5,000 (1) $1,600 (1) 1 4 (11%) Time Bandit Time for a Change $5,000 $3,000 18 0.58 0.97 17 1.22 1.41 31 1.16 1.21 $30,000 (1) $6,680 (5) $1,000 (1) 5 9 (15%) Trail City Red Ransom $3,500 $3,500 26 1.09 2.14 40 1.41 2.51 28 0.99 1.96 $18,000 (2) $4,200 (10) $1,900 (6) 4 8 (7%) 1 (0.9%) Via Lombardia (IRE) Shardari (IRE) $2,000 13 0.59 1.09 17 0.51 3.17 19 0.47 1.06 $1,100 (1) 3 3 (8%) Victory Gallop Cryptoclearance $25,000 $15,000 87 1.97 3.84 57 1.58 2.37 101 1.54 2.47 $110,556 (9) $49,936 (42) $17,300 (5) 23 63 (18%) 9 (2.5%) Wagon Limit Conquistador Cielo $5,000 $5,000 28 1.72 1.7 16 1.66 2.41 39 1.73 2.56 $12,250 (2) $15,176 (8) 0 15 (14%) 2 (1.8%) Western Borders Gone West $4,000 $2,500 32 1.13 0.9 15 1.01 0.57 31 0.81 0.65 $2,311 (9) $7,830 (10) 9 11 (18%) 1 (1.6%) Wild Event Wild Again $7,500 $7,500 50 1.2 1.48 40 0.93 1.75 83 1.47 1.54 $15,500 (2) $11,240 (5) 8 32 (20%) 2 (1.3%) Wild Wonder Wild Again $4,500 $4,000 54 0.99 1.27 54 1.49 1.19 72 0.96 1.81 $4,391 (11) $8,400 (12) $4,100 (7) 4 24 (13%) Winthrop Storm Cat $2,000 18 1.2 1.79 19 1.47 2.61 30 1.5 1.72 5 12 (12%) 2 (2.1%) Zede Strawberry Road (AUS)Private $1,000 12 1.36 0.99 9 1.11 1.36 14 1.94 1.1 $3,500 (1) 3 6 (13%) 2 (4.2%)

First-Crop Sires First-Crop Sires First-Crop Sires by 2002 Yearling Average* by 2001 Weanling Average* by 2002 Weanling Average* 2002 2002 No. 2001 No. 2002 No. Sire Avg. Med. Sold Sire Avg. Sold Sire Avg. Sold Forestry $248,766 $160,000 32 Forestry $257,500 8 Forestry $125,000 4 Exploit $137,797 $87,000 53 Exploit $154,000 5 Exploit $79,667 6 Menifee $98,356 $74,500 16 Silver Charm $83,063 $48,500 40 Victory Gallop $110,556 9 Silver Charm $66,250 8 Stravinsky $81,237 $52,000 65 Stravinsky $103,329 20 Stravinsky $54,372 8 Mazel Trick $79,024 $53,500 50 Menifee $90,000 3 Artax $54,167 6 Artax $74,771 $69,500 24 Mazel Trick $75,746 13 Menifee $48,286 7 Horse Chestnut (SAF) $73,735 $50,000 20 Tactical Cat $65,750 16 Mazel Trick $47,182 11 Stormin Fever $70,385 $36,000 39 Horse Chestnut (SAF) $64,667 3 Stormin Fever $43,556 9 Tactical Cat $60,816 $40,000 45 Victory Gallop $49,936 $26,000 42 Artax $63,500 4 Horse Chestnut (SAF) $32,200 5 Real Quiet $41,892 $11,000 50 Real Quiet $48,800 5 Tactical Cat $24,778 9 Comic Strip $35,738 $16,000 18 Silver Charm $37,244 9 Event of the Year $19,375 4 Quaker Ridge $31,700 $19,750 6 Stormin Fever $35,500 13 Real Quiet $17,991 5 Event of the Year $31,600 $21,000 21 Crafty Friend $29,267 12 Victory Gallop $17,300 5 Free House $30,441 $26,000 17 Expelled $26,417 6 Lil's Lad $15,667 3 Scatmandu $28,733 $15,000 36 Diamond $25,186 $13,000 14 General Royal $23,033 6 Scatmandu $15,300 5 Good and Tough $25,081 $19,000 21 Event of the Year $22,000 1 Doneraile Court $15,050 8 Archers Bay $18,188 $12,820 21 Doneraile Court $20,200 11 Crafty Friend $10,100 5 Doneraile Court $17,750 $10,000 37 Scatmandu $20,064 11 Sea of Secrets $9,667 3 Lil's Lad $17,704 $10,750 34 Comic Strip $18,018 11 Comic Strip $9,650 10 Family Calling $7,770 10 * Sires with three or more sold Bianconi $16,050 12 TBH MarketWatch / 13 OBS Calder Pinhook Prospects JUVENILE SALE SEASON BEGINS he first 2-year-old sale begins at Calder racecourse on Feb. 4 $42,000 in 2001. The potential pinhooks cost $7,118,296, a Twith the OBS selected sale. This year's edition has 205 juve- 2.8% drop from the previous year’s gross yearling cost of niles entered, 12 less than last year's catalogue. The sale includes $7,326,500. There are 52 potential pinhooks that cost from $50,000 to $99,000 and 11 that cost $100,000 or OBS Calder Pinhooking Results more. Year Offered RNA (%) Sold (%) Profitable (%) Unprofitable (%) Yrlg. Avg. 2yo. Avg. ROR While OBS continues to decrease the supply of 2- 2002 113 39 (35%) 74 (66%) 59 (53%) 15 (14%) $51,372 $119,824 85.5% year-olds in this sale, the quality of these 2-year- 2001 127 37 (29%) 90 (71%) 72 (57%) 18 (14%) $46,989 $112,178 87.0% olds, judged by their yearling price, has increased. 2000 139 61 (44%) 78 (56%) 67 (48%) 11 (8%) $51,769 $118,359 91.6% Pinhookers’ investment, however, stays about the same as in 2001. 133 previously purchased yearlings that cost an average of The following table lists the hip number, sex, sire, dam, previ- $53,521, a 6.7% increase in average price from the 146 potential ous sale sold, price sold (RNA price), and buyer of the yearling. pinhooks in the 2001 sale. The median price is $47,000 versus OBS Calder Pinhook Prospects Hip # Sex Sire–Dam Previous Sale Price Buyer Hip # Sex Sire–Dam Previous Sale Price Buyer 1 C Siphon (BRZ)-Dame Imperiale 02FTKJUL ($55,000) Superfine Farms 49 F Crafty Prospector-Joe's Tammie 02KEESEP $42,000 Tim Hamm and Blazing Meadows 1 C Siphon (BRZ)-Dame Imperiale 02OBSWIN $25,000 Superfine Farms 50 C Woodman-Joyful Air 01KEENOV $13,000 Donna Wormser 2 F Tactical Cat-Danzing Tori 01KEENOV $21,000 Becky Thomas, agent 52 C Pentelicus-Just a Little Kiss 02OBSAUG ($30,000) Ronald J.Worswick 2 F Tactical Cat-Danzing Tori 02FTKJUL $30,000 Jockey Club Farm, agent 53 C Northern Afleet-Kathcarn 02OBSAUG $90,000 Hoby Kight 5 F Forest Wildcat-Denim Blue 02KEESEP $65,000 Norman Casse 56 F Eltish-Lightningbacktoo 02OBSAUG $25,000 Tony Bowling & Bobby Dodd 7 C Alphabet Soup-Diamonds Again 02TEXAUG $15,000 H & H Equine 56 F Eltish-Lightningbacktoo 02OBSWIN $12,000 Chad Johnson, agent 8 C Skip Away-Dirca (IRE) 02KEESEP $32,000 Straightaway Farm, agent 57 C Storm Creek-Liz Ficken 02SARAUG $115,000 Crupi's New Castle Farm,agent 9 F Stormy Atlantic-Discovered Secret 01OBSOCT $7,000 Eriberto Olivas 59 F Gilded Time-Lost Love 02KEESEP ($45,000) Hargus & Sandra Sexton 9 F Stormy Atlantic-Discovered Secret 02OBSAUG $70,000 Hoby Kight 60 C Rizzi-Love by the Hour 02SARAUG $60,000 D & B Ventures 11 C Colony Light-Dolly's Back 02OBSAUG $50,000 J.R. Chapman 62 F Valid Wager-Lucky Penny 02FTKJUL ($60,000) William C. Schettine 12 C Skip Away-Donna's Dolly 02KEESEP $45,000 Straightaway Farm, agent 63 C Mr. Greeley-Magic Hill (GB) 02FTKJUL ($70,000) Barry Baxter 13 C Wild Event-Don't Be Blue 02OBSAUG $32,000 H & H Equine 63 C Mr. Greeley-Magic Hill (GB) 01KEENOV $29,000 Barry Baxter 14 C Saint Ballado-Donusa 02KEESEP $25,000 Foothills Farm 64 C Saint Ballado-Mamselle Bebette 02KEESEP $60,000 Straightaway Farm, agent 15 F Cape Town-Dottie Lou's Star 02KEEJAN ($19,500) Joel M Carino 65 C You and I-Marlee's Rain Bow 02FTKJUL $20,000 M.S.T. Stable 15 F Cape Town-Dottie Lou's Star 02OBSAUG $42,000 Mark Casse, agent 17 C Tomorrows Cat-Eileen Dover 02KEEJAN $15,500 Buzz *Chace, agent 66 F Mecke-Maybe in May 02OBSAUG $37,000 Tony Bowling & Bobby Dodd 18 F Polish Numbers-Elbow 02FTKJUL ($45,000) Harold J. Plumley 67 F Honour and Glory-Mazama 02KEESEP $37,000 Kathleen Schonefeld 19 F Victory Gallop-Eliot Chacer 02KEESEP $55,000 Lakland 68 F Quaker Ridge-Mighty Rose 02OBSAUG $85,000 Padua Stables 20 F Stravinsky-Envied 02FTKJUL $40,000 Jockey Club Farm, agent 69 C Grand Slam-Miner League 01KEENOV $100,000 Woodspoint Racing 21 C Awesome Again-Eurobid 02KEEJAN $50,000 Stoney Lane Farm 69 C Grand Slam-Miner League 02KEESEP $70,000 Hoby and Layna Kight 21 C Awesome Again-Eurobid 02KEESEP $70,000 Ricky Leppala 70 C Clever Trick-Misformality 02OBSAUG $27,000 Padua Stables 22 C Hennessy-Explore the Gold 02KEESEP $85,000 John McKibbin 71 F Holy Bull-Miss Valid Storm 02KEESEP $23,000 Chad Johnson 23 F Silver Charm-Fashion Light 02KEESEP $47,000 Straightaway Farm, agent 72 C Tomorrows Cat-Mistain 02SARAUG $100,000 William C. Schettine 24 C Victory Gallop-Flying Red Jet 02KEESEP $50,000 Parrish Farm 75 C Distorted Humor-Move Swiftly 01KEENOV $40,000 Albert Davis 25 C Boston Harbor-Fortunate Smile 02KEESEP $85,000 John McKibbin 75 C Distorted Humor-Move Swiftly 02KEESEP $50,000 Norman Casse 26 C Doneraile Court-Future Guest 02FTKJUL $60,000 M.S.T. Stable 76 F Forest Wildcat-Mrs.West 02KEESEP $35,000 Michael I.Yovankin, agent 27 C Dixieland Band-Galunpe (IRE) 02KEESEP ($47,000) Gaines-Gentry T’breds 77 C Runaway Groom-Musical Cup 02KEESEP $30,000 Southern Cypress Stable 28 C Mazel Trick-Give a Toast 02FTKJUL $75,000 Hoby and Layna Kight 78 C Montbrook-My Harvest Gold 02OBSAUG $50,000 Norman Casse 28 C Mazel Trick-Give a Toast 02KEEJAN $52,000 Robert J. Harris, agent 79 C Awesome Again-My Heart Sez Yes 02FTKJUL ($50,000) WinStar Farm, LLC 29 C Southern Halo-Glorious Sensation 02KEESEP $65,000 G & G Bloodstock 80 C Mecke-Nandys Gold 02OBSAUG ($47,000) Steve Tortora & Toni Ancona 30 F Hennessy-Golden Wolfen 02FTKJUL ($28,000) Wakefield Farm 81 F Mecke-Nasty Sabina 02OBSAUG $30,000 Richard Fuller 31 C Dixieland Band-Grand Prix 02KEESEP $47,000 Norman Casse 82 C Tale of the Cat-Noble Pursuit 02KEESEP $25,000 Donna Wormser 32 F Doneraile Court-Gravel Queen 02OBSAUG ($25,000) Sharon A. Carnivale 83 C Favorite Trick-Nona's Moment 02KEESEP $50,000 G & G Bloodstock 33 F Phone Trick-Greinette 01KEENOV $55,000 Ricky Leppala 84 F Indian Charlie-On the Hook 01KEENOV $12,000 Robert Tiller, agent 33 F Phone Trick-Greinette 02OBSAUG $26,000 Straightaway Farm 84 F Indian Charlie-On the Hook 02ONTSEP $43,795 Antelope Flats 34 C Silver Deputy-Griselle 02KEESEP ($34,000) Nursery Place & Partners 85 C Saint Ballado-Painted Portrait 02KEESEP $40,000 Tim Hamm and 35 C Valid Expectations-Grub's Dancer 02KEESEP $67,000 Tony Bowling & Bobby Dodd Blazing Meadows 36 C Souvenir Copy-Gypsy Sweetheart 02FTKJUL $52,000 Bosco Stable 86 C Mecke-Patty all Mine 02OBSAUG $20,000 H & H Equine 37 C Stormy Atlantic-Hail a Princess 02OBSAUG ($19,000) Norman Dellheim & 86 C Mecke-Patty all Mine 02OBSWIN $11,000 Sugar Hill Farm Gary J. Mesnick 87 F Pleasant Tap-Perfect Reason 02FTKJUL $45,000 Terry Oliver, agent 43 F Honour and Glory-Howell's Hero 02FTKJUL $32,000 Sharon Biamonte 88 C Lost Soldier-Personal Line 01OBSOCT ($27,000) Robert Slack & David Cassidy 44 C Exploit-How Lovely 02FTKJUL ($75,000) Sally J. Andersen 88 C Lost Soldier-Personal Line 02KEESEP $32,000 Repeat Stables 45 F Holy Bull-I Don't Know 02FTKJUL ($72,000) Jeffrey B. Feins 89 C Dixieland Band-Piccolo Player 02KEESEP $13,000 Brenda Evans, agent 46 F Smoke Glacken-Illustrious Lady 02KEESEP $38,000 Kathleen Schonefeld 90 C Hennessy-Precious Choice 02SARAUG $80,000 Hoby Kight 47 C Saint Ballado-Imaginary Number 02KEESEP $50,000 Sabine Stable 91 C Stormy Atlantic-Premium Spice 02EASOCT $20,000 M & H Training and Sales 48 C Storm Boot-Java Blue 02KEESEP $30,000 Norman Casse 92 F Tale of the Cat-Princess Harriet 02SARAUG $32,000 Becky Thomas 14 / TBH MarketWatch OBS Calder Pinhook Prospects Hip # Sex Sire–Dam Previous Sale Price Buyer Hip # Sex Sire–Dam Previous Sale Price Buyer 93 C Touch Gold-Quaker Bonnet 02KEESEP $32,000 Ricky Leppala and 146 C Mazel Trick-Touch of Honor 02KEESEP $60,000 Becky Thomas Carl Bowling 94 C Halos and Horns-Razzmatazz 02OBSAUG $50,000 Tony Bowling & Bobby Dodd 147 C Glitterman-Treasure Coast 02FTKJUL $55,000 G & G Bloodstock 95 F Wild Again-Regal Pennant 02KEESEP $75,000 Ricky Leppala 148 F Not For Love-Truth and Beauty 02SARAUG ($48,000) Thomas/Lakin 97 F Unbridled's Song-Retained 02KEESEP $85,000 Crupi's New Castle Farm 149 C West by West-Tuna Cat 02KEESEP ($15,000) Troy Seale 98 C Mr. Greeley-Robertina 02KEESEP $17,000 Don R. Graham & Ocala Oaks 150 F Siphon (BRZ)-Tunis (ARG) 02KEESEP $25,000 Alidan Bloodstock 99 F Outflanker-Rob's Lady 02OBSAUG $35,000 Mark Casse, agent 100 F Unbridled's Song-Rockaroller 02KEESEP $65,000 Allikat/Hartley/De Renzo 151 F Awesome Again-Turkappeal 02KEESEP $40,000 Straightaway Farm, agent 101 C Red Ransom-Roses At Sunset 02KEESEP $11,000 Jerry Miller 152 F Exploit-Valid Bonnet 02KEESEP $65,000 Lakland 102 C Indian Charlie-Said Twice 02OBSAUG $35,000 Gary Pickel 153 F Pentelicus-Vigorous Princess 02OBSAUG $45,000 M.S.T. Stable 103 C Bright Launch-Sarah's Leader 02OBSAUG $60,000 Tony Bowling & Bobby Dodd 155 C Event of the Year-Warm Thoughts 01KEENOV $22,000 Donna Wormser 104 F Cherokee Run-Sarah's Prospector 01KEENOV ($20,000) Stonereath Farm,K.Ballantine 104 F Cherokee Run-Sarah's Prospector 02KEESEP $20,000 Lisa Hall 156 F Exploit-Wellingtons Choice 02KEESEP $70,000 Ricky Leppala 105 C Hennessy-Sarasota 01KEENOV $80,000 Luis de Hechavarria 157 C Quiet American-Wheatly Special 02FTKJUL $55,000 Klaravich Stables 105 C Hennessy-Sarasota 02EASOCT $67,000 Gary Contessa, agent 158 C Two Punch-Why Walk 02FTKJUL ($75,000) Thoroughbred Interests 106 C Favorite Trick-Saratoga Style 01KEENOV ($49,000) Dr. Sandy Lynn Price 158 C Two Punch-Why Walk 01KEENOV $33,000 Thoroughbred Interests 106 C Favorite Trick-Saratoga Style 02KEESEP $52,000 Dana Rowan 159 F Mazel Trick-Wonderful 02KEESEP $38,000 Crupi's New Castle Farm 108 C Silver Charm-Secret Harbor 02KEESEP $75,000 Hartley/De Renzo T’breds 160 F Woodman-Wooden Crown 02KEESEP $38,000 Straightaway Farm, agent 109 C Good and Tough-Sept. Charmer 02KEESEP $20,000 Vision Bloodstock Agency 161 C Grand Slam-Zesty's Joy 02FTKJUL ($90,000) Philip M. Matthews 110 C Souvenir Copy-Sexy Slew 02KEESEP $47,000 Ricky Leppala 112 C Gilded Time-Shebandowana 01KEENOV $80,000 Luis de Hechavarria 163 C Awesome Again-Aggressive Broad01KEENOV ($57,000) Karl M. Hohensee 112 C Gilded Time-Shebandowana 02FTKJUL $50,000 Harvest Landing 164 C Skip Away-Anna Lisa Beth 02KEESEP $65,000 Straightaway Farm, agent 114 C Two Punch-She's Catty 02EASOCT $50,000 M & H Training and Sales 165 C Runaway Groom-A Prized Lady 02SARAUG ($47,000) Thomas/Lakin 115 C Marquetry-She's Realistic 02KEESEP $55,000 William C. Schettine 166 C Sword Dance (IRE)-Ask Shananie 01KEENOV ($19,000) Gilbert G. Campbell 116 C Exploit-Shooting Sherry 02FTSAUG $75,000 Padua Stables 168 C Forest Wildcat-August Moonlight 02KEESEP $65,000 Crupi's New Castle Farm 117 C Out of Place-Shot Gun Frances 02EASOCT $45,000 Jockey Club Farm 169 F Phone Trick-Aurora Slew 02KEESEP ($35,000) Glencrest Farm, 117 C Out of Place-Shot Gun Frances 02FTKJUL $47,000 Jockey Club Farm, agent Trontz & Madison 120 C Dance Brightly-Sizzling Skirt 02FTKJUL ($57,000) Horse France 170 F Carson City-Avarice 02KEESEP $22,000 Straightaway Farm, agent 120 C Dance Brightly-Sizzling Skirt 01FTKNOV $75,000 Horse France 172 C Sword Dance (IRE)-Bear With Me 01OBSOCT $8,000 West Florida Partnership 120 C Dance Brightly-Sizzling Skirt 02FTKOCT $35,000 Superfine Farms 172 C Sword Dance (IRE)-Bear With Me 02OBSAUG $40,000 William C. Schettine 121 C Saint Ballado-Sloane Street 02KEESEP $65,000 Ricky Leppala 122 C Elusive Quality-Smashing Pumpkin 02FTKJUL $50,000 Danny Pate 173 F Polish Numbers-Biogio's Girl 01FTKNOV ($60,000) Richard Saxton 124 C Carson City-Smile n Molly 02KEESEP $60,000 Straightaway Farm, agent 173 F Polish Numbers-Biogio's Girl 02SARAUG $57,000 William C. Schettine 125 C Devil's Bag-Snubs 02KEESEP $72,000 D & B Ventures 175 C Mazel Trick-Blazed Star 02KEESEP $13,500 Marsha Williams, agent 126 C Wild Rush-Soap Opera Queen 02FTKJUL $65,000 Sabine Stable 176 F Souvenir Copy-Blue Talent 02KEESEP $40,000 Mark Casse, agent 127 F Gold Fever-So Oblivious 01KEENOV ($13,000) Parrish Hill Farm 177 C Tabasco Cat-Blushing Peggy 01KEENOV $40,000 Dry Creek Stables 127 F Gold Fever-So Oblivious 02OBSAUG $45,000 Hoby Kight 178 C Not For Love-Blushing Pride 02EASOCT $23,000 M & H Training and Sales 128 C Wagon Limit-So Ritzy 02OBSAUG $55,000 Mark Casse, agent 180 C Salt Lake-Boldly Extravagant 02KEESEP $62,000 Mark Casse, agent 129 C Menifee-Sortofa Lady 02KEESEP $42,000 France Weiner, agent 130 C American Chance-Spectacularcrystal 02SARAUG $20,000 Crupi's New Castle Farm,agent 182 C Glitterman-Candy Express 02KEESEP $30,000 Darrell R. Sapp 131 C Carson City-Speedy Spender 02KEESEP $52,000 Straightaway Farm, agent 183 F Peaks and Valleys-Can You Dig It 02KEESEP $25,000 Straightaway Farm, agent 132 C Doneraile Court-Spotted Prospector01KEENOV ($14,000) Douglas S. Arnold 184 C Smart Strike-Cape Fire 01KEENOV $8,000 Bill Richards, agent 132 C Doneraile Court-Spotted Prospector02KEESEP ($47,000) Douglas S. Arnold 185 C Valid Expectations-Cat Fever 02OBSAUG $85,000 Hoby Kight 133 C Miswaki-Sunrise Motel 02OBSAUG ($24,000) Gold Crest Farm, agent 186 F Saint Ballado-Chadra North 02KEESEP $60,000 G & G Bloodstock 133 C Miswaki-Sunrise Motel 02KEEJAN $15,000 Terry Oliver, agent 187 C Gilded Time-Champaigne Amelia 02KEESEP $70,000 Clover IV 135 F Montbrook-Sweet Little Kris 02KEESEP $73,000 Sam Gordon 136 C Marquetry-Sweet Relaunch 02KEESEP $50,000 Norman Casse 188 F Clever Trick-Champlain Sunset 02FTKJUL $82,000 Buzz Chace, agent 137 C Awesome Again-Takeover Target 01KEENOV $100,000 Bohanon-Walden 188 F Clever Trick-Champlain Sunset 02KEEJAN $47,000 Becky Thomas, agent 137 C Awesome Again-Takeover Target 02KEESEP $35,000 Dry Creek Stables 189 F Devil's Bag-Chargitorose 02FTKJUL $35,000 Straightaway Farm 138 F Mr. Greeley-Tammany Hall 02EASFEB ($19,000) Thomas J. Gallo, agents 190 F Grand Slam-Cherry Time Treat 02KEESEP $40,000 Hartley/De Renzo T’breds 138 F Mr. Greeley-Tammany Hall 01KEENOV $11,500 Thomas J. Gallo, agent 191 F Old Trieste-Cindy's Quest 02KEESEP $20,000 Don R.Graham & Ocala Oaks 138 F Mr. Greeley-Tammany Hall 02SARAUG $50,000 McMahon Bloodstock, agent 192 C A.P.Indy-Class Kris 02KEESEP ($25,000) W. S. Farish & H. G. Goodman 139 F Stormin Fever-Tammi's Pal 01KEENOV $39,000 Albert Davis 139 F Stormin Fever-Tammi's Pal 02KEESEP $110,000 France Weiner, agent 194 C Parade Ground-Coastal Breeze 02KEESEP $35,000 Norman Casse 140 C West Acre-Taunting 01OBSOCT ($19,000) W. Christ, E.W.Wingerter, 195 C Louis Quatorze-Comfort a Belle 02KEESEP $25,000 Southern Cypress Stable Southern Cypress 196 C Formal Gold-Cordovesa 02WIMBRN $15,000 Jockey Club Farm 141 F Allen's Prospect-Tern 01KEENOV $20,000 Stoney Lane Farm 197 F Lil's Lad-Crafty Annie 02KEESEP $47,000 Clover IV 141 F Allen's Prospect-Tern 02EASOCT $45,000 Nick de Meric, agent 142 C Victory Gallop-Think Blue 02FTKJUL ($45,000) Joseph M. Bryan, Jr. 198 C Favorite Trick-Craze 02KEESEP $35,000 Parrish Farm 144 C Not For Love-Timely Essence 02KEESEP $30,000 Fieldstone Farm 199 C Doneraile Court-Cryptic Madam 02KEESEP $18,000 Mark Casse, agent 145 C Saint Ballado-Touche de Velours 02KEESEP $25,000 Dana Rowan 200 F American Chance-Crysta 02KEESEP $32,000 Mark Casse, agent TBH MarketWatch / 15 LEADING Indicators Worldwide Graded/ Leading Dam Sires of Leading Breeders of Worldwide Group Wnrs’ Sires* Worldwide GSWs* Graded/Group Winners* Volume VI,Number 15 TBH MarketWatch is published 20 times a year Sires GSW Dam's Sires GSW Breeders GSW by The Blood–Horse, Inc., Sadler's Wells 19 Mr. Prospector 10 Juddmonte Farms 20 1736 Alexandria Drive, Lexington, KY 40504. Danehill 15 Halo 9 Sheikh Mohammed bin Rashid al Editor Contributors Rainbow Quest 9 Storm Cat 10 Maktoum/Darley Stud Mgmt. LLC 16 Eric Mitchell Dan Liebman Evan Hammonds Danzig 7 Affirmed 8 Research Director Frank Mitchell Dancing Brave 8 Gainsborough Farm Inc 13 James A. Cox In the Wings (GB) 7 David Powell Kingmambo 7 Miswaki 8 Edward P.Evans 8 Peter Tonkes Night Shift 7 Shirley Heights (GB) 8 Aga Khan 7 Michael Youngs French Deputy 6 Cox's Ridge 7 Orpendale and partners 7 Mr. Greeley 6 Darshaan (GB) 7 Art Production Allen E. Paulson 6 Suzanne C. Depp (Creative Director) Rachel Thomas Theatrical (IRE) 6 Nureyev 7 Seattle Slew 7 Flaxman Holdings Ltd. 6 Dana Blankenship (Art Director) Circulation Broad Brush 5 Computer Services Lori Masaoay Dashing Blade 5 Danzig 6 Arthur B. Hancock III and partners 5 Dave Overton Riverman 6 Promotions Dynaformer 5 Sam-Son Farm 5 Carroll D.Vice Robert Bolson Sadler's Wells 6 Gulch 5 Adena Springs 4 Machiavellian 5 Storm Bird 6 President Vice President- SNC Lagardere Elevage 4 Mr. Prospector 5 Alysheba 5 Stacy V. Bearse Finance/Technology Charles E. Manson Jr. Spectrum (IRE) 5 Alzao 5 The Thoroughbred Corp. 4 Executive VP Zafonic 5 Be My Guest 5 Cheveley Park Stud 3 Raymond S. Paulick Corporate Secretary Kaldoun (FR) 5 Ellen A. Kiser Affirmed 4 George Strawbridge Jr. 3 Alzao 4 Valid Appeal 5 Gerald W. Leigh 3 Copyright 2003, by The Blood–Horse, Inc. All rights Anabaa 4 Ahonoora (GB) 4 © Alydar 4 reserved. This publication may not be reproduced, in Barathea (IRE) 4 John Franks 3 whole or in part, in any form or by any means, electronic or Cadeaux Deputy Minister 4 Jonabell Farm et. al. 3 otherwise, without the prior written permission of The Genereux (GB) 4 Nijinsky II 4 Blood–Horse, Inc. To request permission to reprint, please Carson City 4 Rahy 4 Moyglare Stud Farm, Ltd. 3 call 859 276-6723. Forest Wildcat 4 Roberto 4 Overbrook Farm 3 Statistics herein are compiled from data obtained from The Jockey Club Information Systems, Inc., The Gone West 4 Storm Cat 4 Phipps Stable 3 Blood–Horse, Inc., Equibase, Daily Racing Form, Inc., and Green Dancer 4 Alleged 3 Pin Oak Stud, Inc. 3 other sources. APEX ratings licensed through Suffolk Kris S. 4 Apalachee 3 Bloodstock International. While data contained are gath- Shadwell Farm 3 ered from reliable sources, accuracy and completeness Linamix (FR) 4 Baillamont 3 cannot be guaranteed. Data and information are subject Lomitas (GB) 4 Bering (GB) 3 The Niarchos Family 3 to change without notice. Any reproduction thereof is pro- Rainbow Quest 4 Capote 3 Wertheimer & Frere 3 hibited. The publisher does not give advice for Thoroughbred investors or act as an advisor. Opinions published herein are those of the writers and do not reflect the views of The Leading Sires Leading Dam Sires Leading Breeders Blood–Horse, Inc. of N. Am. GSWs of N. Am. GSWs of N. Am. GSWs If you have comments or suggestions, we would like to hear from you. Please address all correspondence to Ray Paulick, TBH MarketWatch, P.O. Box 4038, Lexington, KY Sire GSWs Sire GSW Breeder GSW 40544-4038. E–mail: [email protected] Edward P.Evans 8 French Deputy 5 Cox's Ridge 7 READER SERVICES Juddmonte Farms 7 Subscription Services: Mr.Prospector 5 Halo 6 For inquiries on new subscriptions, renewals, subscription Arthur B.Hancock III and partners 5 payments, missing or damaged issues, change of address Mr.Greeley 5 Nureyev 6 Orpendale with partners 5 or billing: CALL: 24-hour toll-free 1-800-582-5604, Customer Service Sadler's Wells 5 Storm Bird 6 Sam-Son Farm 5 Reps Available 8:30 a.m. - 4:30 p.m. est/edt U.S. Flaxman Holdings 4 EMAIL: [email protected] Storm Cat 5 Affirmed 5 FAX: 859-276-6743 The Thoroughbred Corp. 4 WRITE: TBH MarketWatch Subscriber Services, PO Box 4710, Lexington, KY 40544-4710. Please include a copy of Theatrical 5 Mr.Prospector 5 Adena Springs 3 a current mailing label or your personal subscriber num- ber. Affirmed 4 Seattle Slew 5 George Strawbridge Jr. 3 Subscription Rates: John Franks 3 Broad Brush 4 Danzig 4 All subscriptions are sold in 1-year (20 issue) terms. Jonabell Farm and partners 3 KY Residents (includes sales tax) ...... $380.54 United States ...... $359.00 Gone West 4 Deputy Minister 4 Overbrook Farm 3 Canada (includes GST)...... $416.23 All other Countries ...... $389.00 Thunder Gulch 4 Valid Appeal 4 Phipps Stable 3 Subscriptions are on continuous renewal and payable in 1- year (20 issues) terms. A FREE TBH MarketWatch profes- *Graded/group winners count only Northern Hemisphere foals. sional binder is sent upon payment. Internet Site: Corrections: http://marketwatch.bloodhorse.com TBH MarketWatch carries a Customer Satisfaction The leading sires' lists associated with the MarketWatch 200 chart in the Jan.17 issue (page 15) includes only Guarantee. If you are ever dissatisfied as a subscriber, just Northern Hemisphere racing.A footnote incorrectly stated otherwise. tell us so, and we will promptly refund you for the cost of all unmailed issues. No Risk.

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