The last day of the Spring Sale for 2-year-olds training at Ocala Breeders’ Sales ended April 28 with results similar to last year’s record-breaking year. Friday is titled by a top gentleman’s son into naughty sold for $1.3 million to Rich Mendez, signed as More Play.
pony out of rank 3 singing kittens was consigned by Wavertree Stables (Ciaran Dunne), agent as Hip 967. The fleet’s leg bay had its longest simultaneous landing last week, taking place on: 09 3/5 during the show going on. take place. The Paul Reddam and Dunne partnership purchased the foal for $300,000 under the name Red Wing Enterprises during Keeneland’s September Annual Sale last year.
More Play’s single purchase on Friday made them the top buyer of the session by total value. Wavertree Stables sold 16 chicks to become Day 4’s top shipper with a raise of $4,359,000.
Tod Wojciechowski at OBS
“It was a great day; we ended up strong, until we ended up with a half-million dollar horse. It was a great day to close the sale,” the director said. OBS sales Tod Wojciechowski said. “There’s a chance (after the sale) we might be a little bit higher than last year’s numbers, but we’re on par.”
The fourth session saw 165 Horses traded hands of 193 across the ring, recording total sales of $22,609,000. The average price was $137,024 and an average of $65,000 was taken. The 14.5% acquisition rate accounts for 28 minors who failed to meet their starting price.
During last year’s trading session, OBS reported 160 horses were sold out of 200 at auction for a total of $18.835,000. A median price of $117,719 and an average of $60,000 were recorded. The RNA percentage was 20% representing 40 unsold horses.
“Good horses are selling well,” said shipper and OBS vice president Barry Eisaman. “I think it’s amazing that we can market so many horses to so many good people, and year after year, it continues. I think it’s all right.”
Eisaman added: “(We’ve seen) a bit more of the average market (compared to the March Sale. You can’t say the sell-off was weak at the top. It looks like March even isn’t for the first time,” Eisaman added. even stronger in the top third. It’s a pretty good market.”
Friday’s trading saw nine horses sell for $500,000 or more by stallion Nyquist (Hip 928—$535,000, Hip 1024—$900,000 and Hip 1219—$550,000 ), Looking Lucky (Hip 942—$500,000), Into Mischief (Hip 967—$1,300,000 and Hip 1036—$725,000), gunman (Hip 1068—$525,000), listen (Hip 1093—$535,000), and recital (Hip 1109—700,000 USD).
As for the Spring Sale market, Lucan Bloodstock shipper Karl Keegan said: “It’s been tough. I’ve raked a lot of horses this week, and the horses are clean and x-rayed. I don’t. want to bring them up and expose them. We’re going to have to go ahead and race them.”
“It’s the absence of an intermediary market,” he added, Keegan. “That (sort of) owner would go to these sales and buy a horse, or a couple of horses for $50,000 or $75,000 and send it to a trainer that’s not here. You have a lot of it. the trainer in New York isn’t here I don’t know if it’s because of the economy and people don’t want to spend I think we overpaid for the foals a year in Kentucky last year. I feel like I’ve spent $25,000, $30,000 or more over the value of the horses.”
Cumulative for the past four selling days, OBS report, 698 horses changed hands 840 to go with the hammer with total sales of $90,755,000, matching a median price of $130,021 and a median of $65,000. The buyback rate over the four sales sessions was 17%, representing the 142 horses that failed to meet their reserves.
Three horses sold for $1 million or more including Hip 782 one by gunman because $2.2 million and an Arrogate pony, Hip 253, for $1.45 million, both belonging to Donato Lanni. The third horse is Into Mischief pony, Friday’s Hip 967, to More Play for $1.3 million.
During the 2022 sale, 711 horses were sold out of the 837 offered for sale for a total of $92,129,000. The median price of $129,577 and the median price of $65,000 were achieved. The RNA percentage was 15% representing 126 unsold horses.
Tom Ventura, president of OBS, said: “In the past, sales companies and buyers were both disappointed in 2 year old sales; they usually run around 25-30%. “It’s one of those situations where the horses don’t meet the shipper’s expectations or they don’t feel alive in the market, they choose to rake them.”
Ventura added: “Some of these cyclists or partnerships have a racing component to them and they can put these horses on the track, and that’s probably what they’ll be doing. We’re glad we can keep up with last year’s high performance. The world has changed a lot since last April; a lot of things may have impacted the market but the reality is. no, that’s great to see.”
At the close of the 4-day sale, Wavertree Stables sold 37 horses for $9,041,000 to become the top consignor of the sale by total. Agent Donato Lanni made five purchases over the past week totaling $5.8 million, including three purchases for Zedan Racing Stables customers for $4,550,000, to become top buyers.
The next sale on the OBS calendar will be the June 2nd Race Age Horse and Horse Sale, running June 13-15 with an official preview June 5th June 10.
