PARTICIPANTS COMMENT ON STRONG MONDAY SESSION

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TUESDAY, SEPT. 12 -- FIRST SESSION OF BOOK 2

Buyers and sellers in the opening Book 1 session of Keeneland’s September Yearling Sale commented on Monday’s strong trade:

Trainer Ben Colebrook: “The market was very strong. We got outbid on a few, so we will be doing some more shopping. The good ones sold the way they are supposed to sell. A lot of people are still trying to buy horses, so I think there will be a lot of carryover.”

Jerry Crawford, president, Donegal Racing: “We bid on four on Monday and got outbid on all four. We didn’t come close on three of them. We were the underbidder on one but we had the idea that the winner could have gone as high as they wanted. It is not unusual for us to get outbid on Day 1, but what is unusual is that the average and median had such big increases from previous years. That is extraordinary. We have always been able to buy good horses on later days, but I am concerned that the upward price pressure will follow us to the later days. That is great for the breeders, great for the industry and great for Keeneland, but it makes it tougher on buyers.” 

Pinhooker Scott Dilworth, who purchased a Tiznow filly for $250,000 with his wife, Evan: “It was extremely strong. Good horses are going to bring good money.”

Trainer Jerry Hollendorfer: “The market was very strong and it looks like it will hold up for the rest of the books. We only bid on two horses and we got both.”

Bloodstock agent David Ingordo: “The way the horses are gathered up on the first day is very good. The clients buying the top-end horses know when to be here. My clients have the funds to play at this level so we got what we wanted, but we had to stretch. We got outbid on others but that is par for the course.”

George Isaacs, general manager, Bridlewood Farm: “It was certainly a strong market; I expected it to be. I had my eye on one filly and I bought her, and I paid what I thought she’d bring ($550,000 for a daughter of Speightstown). Sold one at the very end of the sale for a reasonable return so helped commerce on both ends. The sale started out really strong, and I think you’re going to see a continuation of that.”

Jeff Lifson, executive vice president, West Point Thoroughbreds: “I thought it was a really strong market, and everything that we looked at and liked, a lot of other people liked too. We were delighted to see that in a boutique-type market that you encounter the first day of the Keeneland sale that we were able to buy sort of a mid-level horse. A mid-level horse the first day of the sale is different from a mid-level horse from a pricing perspective a week from now. There’s the seven-figure horses on Day 1; there’s the $100,000-$200,000 horses on Day 1; and there’s those horses in the middle.”

Bloodstock agent John Moynihan: “The market was strong so kudos to Keeneland for the new format. They put together a great bunch of horses. They piled them up and it was really reflective in the bidding. It was tough to buy horses we really wanted. A lot of people got outbid so I think the next several days will be really strong.”

Ned Toffey, general manager, Spendthrift Farm: “It was obviously a very strong sale.  (Keeneland) put together a great catalog. They had the pedigrees and had some really nice individuals, and that showed in the results. We brought two out here that we sold (a Temple City filly for $475,000 and an Into Mischief filly for $385,000 with Brandywine Farm), and we’re very happy with how they sold. I’m sure there’s some people that got outbid, so they should still be here looking. Hopefully they’ll be here right on through the end of the sale.”

 

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