New York Breeder NEW YORK THOROUGHBRED BREEDERS INC. OCTOBER 2018 ASHLEY T. COLE MEAN ON WINNER BLACK TIDE THE GREEN JOHN HETTINGER WINNER FIFTY FIVE Sponsored by IT’S TIME Book your Reservations Now! NEW YORK THOROUGHBRED BREEDERS INC. DECEMBER 2017 2018 NEW YORK 2019 New York Stallion Register Stallion Register Full Multi- Media Packages (with online) are Available to purchase when you are part of the BloodHorse Stallion Register Statistical Pages Available if you book in New York Stallion Register Only Farm Directory Included with the farm directory listings in the back of the NY Stallion Register, we offer full page and half page templat- ed advertising to accompany your listing. Special pricing with this option. See the FREUD association website www.nytbreeders.org Sponsored by Top New York Sire of 2017 or the 2018 book for sample designs. IMPORTANT DATES BloodHorse Stallion Register Entry Deadline: October 19 New York Stallion Register Early Booking Deadline for Discount: October 26 Final Entry Deadline for BloodHorse Stallion Register: November 6 Final Entry Deadline for New York Stallion Register: November 20 Cover Date: December 2018 Contact Kristi Heasley for details (859) 276-6782 [email protected] All stallions appearing in the New York Stallion Register must be registered New York stallions. Top horses include: DIVERSIFY Whitney H. (G1) Jockey Club Gold Cup (G1) SISTERLY LOVE NEW YORK SIRE Champion #1 BY WINNERS WITH 75 CONSTELLATION thus far this year, at least La Brea S. (G1) 17 more than any other TOBY’S CORNER stallion in the state* Wood Memorial (G1) 2018 stakes winners include LAND OVER SEA 2YO FROSTED ICE, a 6 ¼-length winner Fair Grounds Oaks (G2) of the $150,000 Bertram F. Bongard S. at Belmont Park Sept. 21. POSITION LIMIT Adirondack (G2) etc. *Source: BloodHorse.com 9/24 OCTOBER 2018 Contents 18 22 26 32 18 NEW YORK-BREDS AT KEENELAND SEPT. 32 JUVENILES’ JOURNEY Hip-by-hip results from the Sept. 10-23 Keeneland Cartwheelin Lulu, Frosted Ice step forward in 2-year- September yearling sale old stakes 22 SEVEN UP 34 SURF AND TURF Fifty New York-breds have earned at least $1 million Fifty Five, Black Tide make ‘good’ on the Belmont grass 26 NEW YORK-BREDS IN HISTORY The big ’80s DEPARTMENTS New York Breeder NEW YORK THOROUGHBRED BREEDERS INC. OCTOBER 2018 6 Executive Director’s Column 8 News 12 Leading Sires of New York-Breds ASHLEY T. COLE MEAN ON WINNER BLACK TIDE 14 Leading Breeders of New York-Breds ON THE COVER THE GREEN 15 Leading Owners of New York-Breds Older New York-breds 16 New York-Bred Stakes Schedule on the turf took JOHN HETTINGER WINNER FIFTY FIVE 37 New York-Bred Stakes Winners centerstage Sept. 23 40 Sires of Winners at Belmont Park 42 Calendar Sponsored by Cover Photo Credit: Joe Labozzetta/NYRA (Black Tide); Chelsea Durand/NYRA (Fifty Five) New York Thoroughbred Breeders Inc. Blood-Horse LLC President Executive Director Editorial Director Art Director Thomas J. Gallo III Jeffrey A. Cannizzo John K. Keitt Jr. David Young Vice President Membership & Events Manager Regional Sales Manager Mallory Mort Kara Bluvas Board of Directors Kristi Heasley Secretary-Treasurer Communications Manager James L. Gagliano, Carl Hamilton, Vivien Malloy Sarah Mace Ian D. Highet, Dan Metzger, 3101 Beaumont Centre Circle, Suite 300 Lexington, KY 40513 Directors Rosendo Parra, Dr. J. David Richardson Dr. Scott Ahlschwede, 57 Phila St., Saratoga Springs, NY 12866 Phone: 859.278.2361 Fax: 859.276.4450 H. James Bond, Lois Engel, Phone: 518.587.0777 Managing Editor E-mail: [email protected] Seth Gregory, Michael Lischin, Fax: 518.587.1551 Evan I. Hammonds Joanne Nielsen, Suzie O’Cain, E-mail: [email protected] www.BloodHorse.com Dr. Joan M. Taylor www.nytbreeders.org Director Emeritus: Chester Broman Copyright © 2018 by Blood-Horse LLC Statistics provided herein are compiled by Blood-Horse from data supplied by Jockey Club Information Systems Inc., Daily Racing Form Inc., and Equibase Co. Data provided or compiled by Jockey Club Information Systems Inc. generally is accurate, but occasionally errors and omissions occur as a result of incorrect data received from others, mistakes in processing, and other causes. The Jockey Club Information Systems Inc. disclaims responsibility for the consequences, if any, of such errors but would appreciate it being called to their attention. Information as to races, race results, earning, and other statistical data for races run subsequent to December 31, 1990, was obtained from Equibase Co. and is utilized only with permission of the copyright owner. Such information for periods prior to January 1, 1991, was obtained from Daily Racing Form Inc. Information pertaining to pedigree and production records contained herein is copyright the Jockey Club Information Systems Inc. LULU) CHELSEA DURAND/NYRA (CARTWHEELIN JESSEE (BURYYOURBELIEF); E.MARTIN CREDITS: ANNE M. EBERHARDT (SALE RING); BOB COGLIANESE/NYRA (FOURSTARDAVE); 4 New York Breeder | nytbreeders.org | October 2018 It’s All About the Yearlings JEFFREY A. CANNIZZO Executive Director IN RECENT YEARS every industry news outlet, in- The arc of New York-bred success at Keeneland has been dif- cluding this magazine, has traced the meteoric rise ferent (Chart II). In 2011 only 38 horses were sold for a $44,415 of the Fasig-Tipton sale of preferred New York-bred average, $32,500 median, and a gross of $1,677,500. It would be yearlings. In 2018 the auction, once again, set records. two years before the wider market would embrace the New York- Flash forward one month and relocate to Kentucky bred “brand.” New York-breds “arrived” at Keeneland in 2013—and did and we find New York-bred yearlings enjoying un- so in a big way as the New York-bred indicators rose to a level precedented success at the recently-concluded Keene- they would not see again until this year. Seventy-six New York- land September yearling sale. breds sold in 2013 (a record that has not yet been eclipsed) for an average price of $81,088, median of $30,000, and total sales The results remind me that New York-breds took different of $6,162,700. paths to success at these sales. Buyers whose focus has long In 2016 there was a correction in the entire yearling market, been on New York responded immediately to the anticipat- which for New York-breds at Keeneland proved fairly dramatic, ed opening of Resorts World video lottery terminals in 2011, with some indicators slipping to, or below, 2011 levels. The cor- when the New York Racing Association increased purses 36% rection took a more muted form at the Fasig-Tipton sale as the and the New York Thoroughbred Breeding and Development only year since 2011 the key indicators dipped. Even then they Fund hiked program awards 50%. The August before Resorts did not lose too much ground. World opened in October, total sales at the Fasig-Tipton auc- Thereafter, at Keeneland New York-breds climbed steadily tion rose to $6,725,500 from $3,676,000 in 2010. before reaching this year’s record-breaking results. The $97,026 That said, the Fasig-Tipton sale is, by definition, a “pre- New York-bred average was up 24.1% from 2017, the $45,000 ferred” sale. It features the cream of the New York-bred median was 25% higher than the prior year, and total sales of crop and attracts prospective owners and buyers who are $5,530,500 topped sales the previous year by a whopping 36.1%. most invested in succeeding in the New York program. The numbers should be best there. The Keeneland sale, which is Chart II: NY-Bred Yearlings at Keeneland September 2011-2018 North America’s premier yearling sale as well as a “non-pre- Year Sold Average Median Total Sales ferred” sale outside of the “home market” is arguably a bet- 2018 57 $97,026 $45,000 $5,530,500 ter measure of a wider embrace of the New York “brand.” 2017 52 $78,158 $36,000 $4,064,200 The numbers tell an interesting story. First, a review the growth-arc of the Fasig-Tipton pre- 2016 52 $45,317 $16,000 $2,356,500 ferred sale (Chart I). Following the initial bump in 2011, to- 2015 71 $71,994 $22,000 $5,111,600 tal sales increased by impressive increments for two years, 2014 60 $68,568 $50,000 $4,144,410 bringing the average and median in their train. In 2013 the 2013 76 $81,088 $30,000 $6,162,700 auction grossed $14,206,000. At this point the numbers 2012 34 $66,338 $32,500 $2,555,500 plateaued (give or take) until 2017 when total sales rose to 2011 38 $44,415 $32,500 $1,677,500 $16,214,000. In 2018 the sale set records with $18,492,000 in total sales, a six-figure average, and record median. The takeaways are as follows. Excitement about New York- breds at the Kentucky sale did not catch on until two years after Chart I: Fasig-Tipton New York-bred preferred yearling sale VLT revenue came online, but has become robust. New York- results 2011-2018 breds have, for all intents and purposes “caught up” at Keeneland with one caveat. A market correction, as in 2016, caused New Year Sold Average Median Total Sales York-breds to pay a much bigger price out-of-state than at home. 2018 182 $107,512 $76,000 $18,492,000 With no ongoing changes in the purse or awards structure in the 2017 182 $89,088 $69,500 $16,214,000 state, New York-bred yearlings are enhancing their value from year 2016 177 $77,246 $60,000 $13,672,500 to year both in-state and nationally on their own merits.