Posts Tagged ‘afleet alex’
Wednesday, May 13th, 2009
I’ve always been surprised at the habits of many buyers at yearling sales…they sometimes remind me of lemmings marching to the sea, making decisions without logic or rationality. I once asked a leading buyer why he often spent so much money on yearlings by unproven first-year sires, a practice that is common enough to inflate the yearling average for those new sires. His response was simple: “They haven’t failed yet.”
That philosophy makes no sense to me, for it would seem far more pragmatic to look for undervalued proven stallions than to roll the dice on a group of newcomers whose chance of succeeding are somewhere between 5-10%.
Another unexplainable practice of yearling buyers is their disdain of foals born in the month of May. On average, it would make sense that May foals would be smaller than their January-April counterparts, so perhaps buyers at summer or fall yearling sales are simply unable to project how that smaller horse might look as a 2- or 3-year-old.
Some years ago, statistics accompanying an article I wrote for Bloodhorse’s MarketWatch newsletter, showed that May foals were only marginally behind earlier season foals in performance standards (stakes wins, money won), but their average yearling prices were much, much lower. Where I come from, that makes May foals a bargain.
Rob Whiteley, who operates the successful Liberation Farm breeding operation, came to the same conclusion in an article he wrote this week for the Thoroughbred Daily News. From the winning Kentucky Derby exacta of May foals Mine That Bird and Pioneerof the Nile to a review of May foals that have won Breeders’ Cup races, Whiteley makes a compelling argument that buyers should pay far more attention to May foals than they traditionally have. We’d like to thank Sue Finley of TDN for granting reprint rights of Whiteley’s article. – Ray Paulick
By Rob Whiteley
As a populist horseman, it makes me smile when a relatively obscure horse comes out of the hinterlands and beats up on a bunch of fashionably bred horses who are sired by generally over-priced, over-hyped, and over-bred stallions. And it turns my smile into a broad grin to observe that Mine That Bird is a mid-May foal.
To be fair, the valiant runner-up, Pioneerof the Nile, is regally bred and fully deserving of his cost of production. His bloodlines and hefty stud fee came through in a brave display of talent and determination, and those who played him unsuccessfully in the exotics only have themselves to blame for not taking home a big piece of the track. Like the item we look past in the front of the refrigerator, it was right there to see. Pioneerof the Nile is also a May foal, and if you had played a May foal exacta, you would have received $2,074.80 for a $2 exacta box.
(Ed. Note: A $2 exacta box with all of the May foals in the Derby would’ve cost $40. Atomic Rain (Smart Strike), Regal Ransom (Distorted Humor) and third-place finisher Musket Man (Yonaguska) are all May foals as well. A $1 triple box on the quintet would’ve set you back just $60, and returned $20,750.30)
In light of the continuous racing success achieved by May foals year after year, I am at a loss to rationally understand how that success fails to translate into the sales scene where May foals, as a group, bring approximately 35 percent less than their counterparts. For some in-grained reason, rooted in hearsay and perpetuated by the typical word of mouth momentum that spreads other horse industry falsehoods and myths, May foals get a bad rap at the sales, and are often discounted accordingly in the ring. This is such nonsense. The stigma on May foals that floats around on the winds of ignorance has no basis in fact.
It can even be persuasively argued that May foals actually have a slight advantage over other foals, as May foals are born according to a horse’s innate and natural spring-time predispositions, and with the most favorable environmental conditions.
Savvy buyers who keep up with the details of racing know that May foals, as a group, race as successfully as foals born in other months, and better than foals born in January. And the sharpest horsemen and pinhookers know that a few days or even weeks generally make little difference in a horse’s early development.
The most important factors in a horse’s ability to perform early involve genetically based precocity, balance, athleticism, and mental maturity, not date of birth. Each horse has its own genetically wound clock, and horses have wide-ranging differences in the rate that they develop, no matter which month they might be born in. Like foals born in January or February or any month, some May foals may be forward enough to zip along at two-year-old sales, while others may not be mature enough to race effectively until the middle of their three-year-old years, or later. Horses, like humans and other mammals, follow their own genetic blueprint.
When it is their time to perform, however, May foals truly hold their own, even as two-year-olds.
Except for the month of January, the fewest number of foals are born in May, yet they account for 10 percent of Breeders’ Cup Juvenile colt and filly champions. Furthermore, as May foals mature, their success rate in certain top level venues can be jaw-dropping. May foals have won a stunning 50 percent of the last 10 Breeders’ Cup Distaffs (including, Azeri, Round Pond, Spain, and Escena). And May foals have won over 25 percent of all Breeders’ Cup Mile races.
Despite the impressive frequency with which May foals find the winner’s circle in big races, however, a May foal may not win the Preakness this year. Instead, a magnificent January foal named Rachel Alexandra may be brilliant enough to outrun the boys, no matter when they were born (if she can adjust to a new groom, a new trainer, and new routines). But the Belmont, please take note, is entirely a different matter because of the extraordinary potency of the May foal factor.
The May foal factor is the strongest available predictor of Belmont success–far stronger than the most sophisticated figs or Beyer numbers–because May foals, incredibly, have won nearly 40 percent of the last 15 runnings of the Belmont (including, Afleet Alex, Lemon Drop Kid, Thunder Gulch, Touch Gold, Victory Gallop, and Mine That Bird’s own daddy, Birdstone). Therefore, given the historical dominance by May foals in this mile-and-a-half event, and given the Bird’s paternal family connection and the probable presence of steadfast Pioneerof the Nile, we could even be looking at the same May foal quinella we witnessed in the Derby. In any event, it is time we give May foals the respect they deserve, at the sales and on the track.
Support the Paulick Report. Make a donation today.
Sign up for our Email Flashes to get the latest news, analysis and commentary from Ray Paulick.
Tags: afleet alex, Atomic Rain, Birdstone, distorted humor, Lemon Drop Kid, May foals, mine that bird, musket man, Pioneerof The Nile, Rachel Alexandra, Regal Ransom, rob whiteley, smart strike, thoroughbred daily news, Thunder Gulch, Touch Gold, Victory Gallop, Yonaguska Posted in Breeding, Pinhooking | 7 Comments »
Wednesday, November 19th, 2008
By Ray Paulick
Lane’s End Farm is expected to announce that reigning Horse of the Year Curlin will enter stud at the Versailles, Ky., farm in 2009 for a live foal stud fee of $75,000, the Paulick Report has learned. Lane’s End is owned by William S. Farish, vice chairman of the Jockey Club and former ambassador to Great Britain for President George W. Bush.
Jess Jackson owns 80% of the son of Smart Strike—Sherriffs Deputy, by Deputy Minister, with the other 20% owned by the Midnight Cry Stable of disbarred attorneys Shirley Cunningham and William Gallion. That share has been the focus of a complicated legal battle resulting from a $42-million judgment against Cunningham and Gallion in a civil case. The two also face criminal charges.
Jackson and wife Barbara Banke have offered to buy Midnight Cry’s 20% for $4 million, based on an appraisal by bloodstock expert Ric Waldman that set a $20-million fair market value on Curlin. While Curlin may have been insured for an amount in excess of $40 million, Waldman’s appraisal took into account the current global economic crisis and recent trends in the bloodstock market. The just-concluded November breeding stock sale at Keeneland resulted in a 46% decline in gross revenues.
Jackson announced Nov. 15 that Curlin would enter stud in Kentucky in 2009, though he did not name a farm. At the time, he said various offers were being considered, and also indicated Curlin could become the first stallion to stand at the Stonestreet Farms in Lexington that he owns. The late-season announcement, made after matings for many broodmares already have been planned, may also have contributed to Waldman’s appraisal, which Andre Regard, an attorney for Gallion and Cunningham, said was below the horse’s true value.
No decision is expected on the Midnight Cry share of Curlin prior to a Dec. 1 court date in Franklin County, Ky. If a judge rules that the share should be sold to Jackson for $4 million, an appeal could extend the legal battle well into 2009.
It is believed Gainesway Farm was a “finalist” in the bidding for Curlin’s stud services. Jackson owns a large share of dual 2005 Classic winner Afleet Alex, who stands at Gainesway, owned by South African Graham Beck and run by his son, Antony. Jackson and the Beck family are both involved in the wine business, Jackson in California as the owner of Kendall-Jackson vineyards and the Becks primarily in South Africa. Jackson sells many of his horses through Gainesway and Taylor Made Sales Agency, which is also believed to have been a finalist to stand Curlin. Jackson also is part owner of 2004 Horse of the Year Ghostzapper, who stands at Adena Springs. It isn’t known whether Adena Springs, owned by Frank Stronach, actively recruited Curlin.
With a fee of $75,000, Curlin would be the highest-priced first-year stallion entering stud in Kentucky in 2009. Kentucky Derby and Preakness winner Big Brown will stand at Three Chimneys Farm for $65,000, the same amount as Coolmore/Ashford’s multiple European Group 1 winner Henrythenavigator, who finished second to Raven’s Pass in the Breeders’ Cup Classic in which Curlin was fourth.
“Curlin has proven himself across two continents with 16 starts, the honor of 2007 Horse of the Year and the greatest North American money-earner in racing history,” Jackson said in the Nov. 15 announcement that Curlin would enter stud in 2009. “He always gave it his all and has done everything we have asked of him. I am proud to announce that he will start a new career in 2009 and contribute his soundness, stamina, durability and athleticism to the breed. I am looking forward to seeing his foals compete and possibly exceed his unequaled racing record.”
At the time of the announcement, Jackson said he would consider one more race in 2008 for Curlin if “an appropriate venue and purse are offered.” Curlin has been ruled out of the Clark Handicap at Churchill and Cigar Mile at Aqueduct, the two most likely races for him, so it’s extremely doubtful he will run again.
Curlin, who began his career under the care of Helen Pitts and was transferred to trainer Steve Asmussen after breaking his maiden at Gulfstream Park early in 2007, retires with record earnings of $10,501,800. He won 11 of 16 starts, with two seconds and two thirds. He won seven Grade 1 races: the Breeders’ Cup Classic, Dubai World Cup, consecutive runnings of the Jockey Club Gold Cup, Woodward, Preakness and Stephen Foster Handicap. Bred in Kentucky by Fares Farm, he sold for $57,000 at the Keeneland September yearling sale. Jackson, Satish Sanan and George Bolton bought at 80% interest in Curlin through bloodstock agent John Moynihan for about $3 million after the colt’s maiden win. Jackson eventually bought Sanan and Bolton’s interests.
Curlin’s sire, Smart Strike, stands at Lane’s End for $150,000. Also joining the 2009 roster at Lane’s End is War Pass, the 2007 2-year-old male champion and winner of the Breeders’ Cup Juvenile who will stand for $30,000 live foal.
Kevin McGee, legal counsel for Jackson’s Kendall-Jackson Vineyards in California, would neither confirm nor deny that a deal with Lane’s End was imminent. Attempts to reach Will Farish were unsuccessful. Bill Farish, son of the Lane’s End owner, said he could not comment on the matter.
Copyright © 2008, The Paulick Report
Visit the Paulick Report for all the latest news throughout the racing world.
Sign up for our Email Flashes to get the latest news, analysis and commentary from Ray Paulick
Tags: adena springs, afleet alex, andre regard, ashford, barbara banke, Big Brown, Bill Farish, cigar mile, clark handicap, coolmore, coolmore/ashford, Curlin, dubai world cup, fares farm, Frank Stronach, gainesway, gainesway farm, george bolton, ghostzapper, helen pitts, henrythenavigator, horse of the year, horse of the year curlin, Horse Racing, jess jackson, jockey club gold cup, john moynihan, Keeneland, keeneland november breeding stock sale, kevin mcgee, Lane's End, midnight cry stable, Paulick Report, Ray Paulick, Ric Waldman, satish sanan, shirley cunningham, smart strike, steve asmussen, stonestreet farms, taylor made farm, taylor made sales agency, Thoroughbred industry, thoroughbred stallions, war pass, Will Farish, william gallion, William S. Farish Posted in Breeding, Curlin, Horse Racing, Racing Greats, Stallions | 10 Comments »
Thursday, July 24th, 2008
Everyone should have a mother like Jeremy Rose’s mom.
Cynthia Robinson is the sometimes meddling mother of the 29-year-old rider who has been in the news for whipping a horse in the face at Delaware Park and receiving a six-month suspension that was reduced this week by the Delaware Thoroughbred Racing Commission to three months.
Robinson apparently sought out reporters to give "her" version of the events that transpired when Rose whipped Appeal to the City in the left eye near the finish of the third race June 23 at Delaware Park. The 5-year-old mare was sent to the University of Pennsylvania’s New Bolton Center in Pennsylvania for treatment following the injury. She spent a week at the equine hospital, though according to published reports, her trainer, Howard Wolfendale, said she now is in good condition.
Jack Ireland, writing in the News Journal of Delaware, said Robinson suspects someone at the racetrack leaked news of the whipping incident to the media intentionally. "He ends up getting turned in by the SPCA, and I feel abused at times by the media over this," Robinson said. "He has lost $70,000 in earnings the past month and is being portrayed as an animal abuser. This is something now my son will have to live with for the rest of his life."
Excuse me…you feel abused?
To quote Benjamin Braddock from The Graduate: "Mrs. Robinson, if you don’t mind my saying so, this conversation is getting a little strange."
She wasn’t done. She also got the ear of the Philadelphia Inquirer’s Craig Donnelly, telling him: "We watched a son we are proud of [condemned] through the media and muddied and turned into the SPCA. The price he has paid is greater than the six months’ suspension. He has been portrayed as an animal abuser."
Robinson then told Donnelly a story of how Rose helped bring a retired gelding to the family farm and that he refused to have the horse euthanized even though he was blind.
Again, quoting Benjamin from The Graduate: "For god’s sake, Mrs. Robinson. Here we are. You got me into your house. You give me a drink. You… put on music. Now you start opening up your personal life to me…"
Aside from this unfortunate whipping incident (which Rose claims was an accident, but for which he will attend anger management classes), the jockey is best known as the rider of 2005 Preakness and Belmont winner Afleet Alex. Maybe it’s only right that Cynthia Robinson was given so much credit for her son’s achievements that year in an article that appeared on ESPN.com under the headline: "Preakness Winner Rose Has Mom to Thank." The story detailed her pushing him along on his career path as a jockey.
She also served as Jeremy’s unofficial publicist during his Triple Crown whirl. When I was editor of Bloodhorse magazine in 2005, I received a telephone call from a woman following the Belmont Stakes. The caller didn’t want to give me her name, but said she was a subscriber who was upset the magazine hadn’t profiled Afleet Alex’s winning jockey as it had done three weeks earlier after Afleet Alex won the Preakness.
I explained that when the same horse wins back-to-back Triple Crown races, the Bloodhorse mixed up the editorial package and tried to avoid repeating the same stories from the previous race. That didn’t slow the woman down. She then complained that the magazine had a profile on J.J. Graci, a former trainer and then radio host who was acting as a spokesman and publicist for the Afleet Alex team. Finally, the caller went on to tell me wonderful things about Jeremy Rose and that the magazine’s readers deserved to know them.
"Wow," I recall saying to her. "How do you know so much about Jeremy? You sound like his mother or something."
There was a long pause, followed by, "Well…I am his mother."
It’s good to see Jeremy’s mom hasn’t changed much these last few years. Here’s to you, Mrs. Robinson!
By Ray Paulick
Copyright ©2008, The Paulick Report
Sign up for the Paulick Report’s Email Flashes to get the latest news, analysis and commentary from Ray Paulick.
Tags: afleet alex, appeal to the city, benjamin braddock, craig donnelly, cynthia robinson, delaware thoroughbred racing commission, j.j. graci, jack ireland, jeremy rose, the graduate Posted in Horse Welfare, People, Regulatory Issues | 8 Comments »
|
|