Posts Tagged ‘john ferguson’

Todd Pletcher provided his observation: "I don’t think there’s anything that indicates that you have to be a man or a woman to train horses effectively. Either one is perfectly capable." Lukas capped off the piece by saying that it’s all about winning. If you win, you’ll get more and better horses.

1:00 p.m. … ABC is on the air, with their 2 1/2 hours of coverage. It switches to ESPN at 3:30 p.m., which continues to baffle some people. It’s really not that hard to switch channnels. It happens in golf and other sports quite frequently. Good intro on the Breeders’ Cup narrated by the incomparable Bill Nack, the former senior writer for Sports Illustrated who is serving as essayist on the Breeders’ Cup telecasts.

1:05 p.m. …  "This is our grand stage for horse racing," says Jerry Bailey. "A great performance here cements your reputation for an entire career. This is the kind of day that I live for, baby." Moss points out that the Europeans were shut out but says "they’ve got a lot of bullets." Moss also gives a "hip, hip, hooray" to the fact that this is the first steroids-free Breeders’ Cup.

1:06 p.m. … A run-through of the six reporters working the telecast was mostly forgettable except for Caton Bredar, who will be reporting via horseback on the Pro-Ride surface, which heats up from the sun. "I’ll have the hottest seat in the house," she proclaims. Caton, I’ll leave that up to chauvinist pig Rick Dutrow to decide.

1:10 p.m. … Come on! We’re only 10 minutes into the broadcast and they’re already recycling some of the features from yesterday’s ESPN2 show? They’re doing that dollar comparison between the Breeders’ Cup and other major sporting events. But they’re loading into the gate now for the Marathon.

1:15 p.m. … 49-1 longshot Booyah takes the early lead, and the field is strung out as if in a harness race. Midway down the backstretch, Zappa takes over, but it’s a short lived lead. Muhannak has clear sailing on the outside and moves to the front, while the heavy favorite Sixties Icon has to check while awaiting room before straightening away into the stretch. Trained by Ralph (pronounced Rayfe) Beckett and ridden by Patrick Smullen, Muhannak breaks through for the Europeans, holding off a fast-closing Church Service to win it. Big Booster is third, with Delightful Kiss fourth. Sixties Icon and Zappa both came up empty in the stretch. Muhannak,  a 4-year-old gelding by Chester House bred in Ireland by Mount Coote Stud,  races for Richard Pegum. Though this was his U.S. debut, Muhannak has plenty of synthetic track experience in England and is a perfect 3-for-3 since joining trainer Beckett’s barn.

Marathon prices: $26.80 on a $2 win bet, and the $1 exotics paid: $133.10 for the exacta, $987.10 for the trifecta, and $3,955 for the superfecta. Time for the 1 1/2 miles on the Pro-Ride track was 2:28.24. Chart.

1:25 p.m. … The Turf Sprint is the race where I absolutely love the filly, Only Answer, from Andre Fabre’s stable. She is not getting any early action and is 18-1 on the board. The one horse getting bet below its morning line is course specialist California Flag, down from 15-1 morning line to 8-1.

1:45 p.m. … Aaron Gryder’s jockey introductions are actually pretty clever. Loved the comment about Kendrick Carmouche, the son of the famous "fog jockey," Sylvester Carmouche, who hid in a fog bank at a Louisiana bull ring track and came rushing out of the fog with a huge lead when the field turned for home. He got caught.  "He won’t be able to play that same trick his dad did," Gryder said. "This is sunny California, and he can’t hide in the fog."

1:50 p.m. … I’ve decided to wheel and backwheel Only Answer in the exactas and box her with Fleeting Spirit, Diabolical and California Flag in the trifecta. I’m not usually a gimmick player, but I smell a big payoff for someone here.

1:53 p.m. … Mr. Nightlinger sets the face pace with betdown California Flag pushing him, but the speed doesn’t last in here. Richard Migliore gets the last run with the longest shot on the board, Desert Code at 36-1, who runs down Diabolical in the final yards to win it. Storm Treasure is third and Fleeting Spirit fourth. Desert Code won on this course during the winter meeting, taking the ungraded Joe Hernandez Stakes but most recently finished seventh in the Morvich Handicap in a race he needed. "I tried to anticipate being a little bit closer (to the pace)," Migliore tells Jerry Bailey after the race. Desert Code ’s near the back of the back entering the stretch, but Migliore saved ground crossing the Pro-Ride surface before finding a seam on the outside at about the eighth pole.  It’s a very popular win for horsemen and racing fans in New York, who have always appreciated Migliore’s class as much as his riding skills. Underrated conditioner Dave Hofmans trains the 4-year-old son of E Dubai for the Tarabilla Farms. "The horse was training super, and he loves this downhill course," Hofmans said. 

I was right about one thing: big payoffs. Desert Code paid $75 to win; the $1 exacta paid $393.10, the tri was $6,184.50 and the superfecta was $29,663.30. My selection, Only Answer was mired near the back of the pack after breaking well and was never a factor. Chart.

2:10 p.m. … Sometimes it’s hard to tell if it’s a bet down or a bad morning line. Pyro was 20-1 on the morning line and is now at 7-1. Probably a little of both. Well Armed is the heavy favorite in the Dirt Mile, getting bet down from his 3-1 morning line to 6-5.

2:15 p.m. … Kenny Mayne repeats an interesting comment from Aaron Gryder, the rider of Well Armed, whose comeback from a near-death experience was prominently played up in the telecast, with all the credit going to owner Bill Casner. "My horse has a better chance of winning today than Curlin has in the Classic," Gryder is said to have told the ESPN crew. At 6-5 odds, you have to wonder how many other people Gryder told. After two longshot winners, you might expect to see a return to predictability here. Well Armed is my pick, but I think Surf Cat is capable of pulling off an upset, and he’s a big overlay, at 13-1. Mast Track is another huge price, 18-1, up from 6-1 on the morning line, but that’s probably due to the cloud over his physical condition. Trainer and owner Bobby Frankel said he was very unlikely to run earlier in the week because of a quarter crack. He wouldn’t run him if he wasn’t sound, in my opinion, so that makes Mast Track an interesting possibility here, too. I can’t take 6-5 on Well Armed.

2:30 p.m. … ABC’s "historical milestones" feature is a good one, taking us back to 1984 and through the years of the Breeders’ Cup World Championships. The musical accompaniment was fun, including references to the artist formerly known as Prince. Did I just hear crusty ol’ Bruce Headley say he loves Prince’s "When Doves Cry"? 

Oh, for the love of God … more interviews with Michael Iavarone. Now he’s telling Kenny Mayne about the death threat he received before the Belmont from someone in Tallahassee, Fla.  Is that why he has that big bodyguard following him around? ESPN tried to contact the deputy that worked the case and they couldn’t get  ahold of him? Is that Kenny Mayne’s way of saying he doesn’t believe Iavarone’s story?

2:35 p.m. … More boxcar prices. Albertus Maximus, getting a dream ride from Garrett Gomez, collars pacesetter Two Step Salsa to win the Dirt Mile over Rebellion, with Two Step Salsa hanging on for third and My Pal Charlie fourth. Well Armed never looked comfortable and was not a factor. Gryder had some trouble with Well Armed on the first turn, but it wasn’t enough to take him out of contention. He wound up ninth. Mast Track was fifth and Surf Cat 12th. They covered the mile on the fast Pro-Ride track in 1:33.41.

The winner is a 4-year-old son of Albert the Great bred and owned by Brandon and Marianne Chase and trained by Vladimir Cerin. He’s been placed in some big races (third in the Goodwood, second in the 2007 Swaps Stakes), but this is his first graded stakes victory. Albertus Maximus had been trained by Gary Mandella until the owners moved him to Cerin’s barn prior to a Sept. 1 ungraded stakes victory at Del Mar. "I just felt the horse was going backwards and we all knew the horse had talent," Marianne Chase said in the winner’s circle. "We all believed in this horse, and finally the moment of truth came, we turned him over to Vladimir and he’s done just absolute miracles."

Mutuels: Albertus Maximus paid $14.60 to win, the exacta was $109.30; trifecta $1,636; and superfecta $19,804.30. Somebody’s making money! Chart.
 
2:55 p.m. … Another Joe Torre interview. He and Michael Iavarone are going head and head for the most over-exposed people on the two days of racing telecasts. (He also did a trophy presentation, something Iavarone hasn’t done yet.) But maybe Iavarone will be able to win the Mile trophy again this year with Kip Deville.

3:05 p.m. … Time for chalk? Goldikova is the solid betting favorite here and a favorite is due to win after four longshots. She looks splendid on the track. Lots of chuckles on the set when Randy Moss repeats the tiresome line from Rick Dutrow about defending champ Kip Deville. Dutrow’s biggest concern is wondering how much to bet. Nick Luck, the guy with the accent and the great racetrack name, says something very intelligent about the Mile, though I’m not sure what it was exactly. But he sounded so smooooth saying it. Geek alert. Best place for geeks at Santa Anita is directly behind Kenny Mayne and Hank Goldberg. Get on the cell phone and call someone who cares to say that you’re on TV. Hank’s going for the 4-11 exacta, Goldikova and Whatsthescript. Sorry, Hank, can’t see the 11 hole getting up for second on this course. I like Goldikova and Shakis from the rail for second.

3:15 p.m. … Jeannine Edwards with Rick Dutrow, who takes us on a romantic journey down memory lane,.. "I’ve been up and down. We’re pretty used to this sort of thing," he nonchalants. I can almost here Sinatra…."That’s life, that’s what people say, riding high in April, shot down in May." 

3:18 p.m. … As they load, Trevor Denman points out how light a filly Goldikova is.Well, all I can say is, "Rick, I hope you bet to place." Goldikova was everything promised, and more. It was a simply brilliant performance and a flawless ride by Olivier Peslier, putting the daughter of Anabaa in a good spot just behind the pacesetting Thorn Song, and then driving through a narrow opening in midstretch with incredible acceleration. Freddie Head was a great jockey and he is proving to be just as good a trainer — the first to both ride and train a Breeders’ Cup winner (he handled two-time Mile winner Miesque). Of course, he has the pedigree. Kip Deville ran his race, but was only second best. Whatsthescript made a good late run to get third, with Precious Kitten fourth. This was a "wow" performance, the kind that wlil linger in the mind for years to come. "I think she’s as good as her," Head said in comparing Goldikova to Miesque. "She’s definitely in the same league."

Mutuels: $5.60 was the win price on Goldikova, with $13.60 on the exacta, $47.60 on the trifecta and $302.20 on the superfecta. Chart.

3:29 p.m. … OK, everyone, grab the remote control and switch over to ESPN from ABC.

3:30 p.m. … Yesterday I indicated that Forever Together likely cinched an Eclipse Award as filly and mare turf champion. Now I’m not sure so. It was just one performance, but Goldikova is the best distaffer to race on North American turf this year, in my opinion, and deserves consideration as a North American champion. Her European races don’t count, but what a career she’s had, winning six of nine starts and never finishing worse than third.

3:35 p.m. … On to the Juvenile, where Munnings is being ignored by the bettors. He’s at 9-1 off a 7-2 morning line. The horse with some action is Square Eddie, the recent acquisition by Paul Reddam who won the Breeders’ Futurity in his only U.S. start. At 9-2 on the morning line, he’s currently the 5-2 choice. Jay Privman reports that trainer Todd Pletcher is scratching his head over what tactics to have jockey John Velazquez employ on Munnings. He may be the only speed in the race, but speed has not been holding on very well on the Pro-Ride track. I look for a slow pace in this one, but I can’t see Munnings being very far from the front early.

3:53 p.m. … This tidbit from a Privman interview with Paul Reddam. Square Eddie’s trainer, Doug O’Neill, is home with the chicken pox.

3:59 p.m. …  Square Eddie and Midshipman duel for the early lead in the Juvenile, the opening quarter in :23.55 and half in :47.08. Munnings took back, and Midshipman never looked back. Garrett Gomez gets another win and Bob Baffert  possibly has another Kentucky Derby contender and his sixth Breeders’ Cup winner. This is the colt that was bred and owned by Bob and Janice McNair’s Stonerside Stable until they sold their operation — farm and horses — to Sheikh Mohammed. Midshipman was part of the package. "I’ve always wanted to train for Sheikh Mo," Baffert said at the time. It remains to be seen whether or not the horse stays with Baffert, however, as the Sheikh has been known to bring his American 2-year-olds to Dubai. Square Eddie was second best, just ahead of Street Hero in third and Terrain in fourth. Munnings got a good trip from there but flattened out after rallying wide into the stretch and finished 10th. Coolmore’s Bushranger, in from Europe, was 11th. Ooops. The camera trained in on Baffert and wife Jill celebrating as Midshipman crossed the wire in front, but Randy Moss said "that’s actually not Jill."  Actually, Randy, it was. "It’s good to win one for Darley," Baffert said, "but to the McNairs, great job."

Mutuels: Midshipman paid $9.20 to win; exacta $19.70, trifecta $72.20, and trifecta $736.70. This race shows that you can win on the lead if the fractions are realistic. Chart.

4:10 p.m. … John Ferguson accepts the trophy for the ruler of Dubai and defers to the missing sheikh when asked about Midshipman’s future. "Obviously that’s up to Sheikh Mohammed," he said, as Baffert listens intently over Ferguson’s shoulder. Might we see this horse in Dubai? Ferguson is asked. "Possibly." I couldn’t make out what Baffert said under his breath, after that response.

4:20 p.m. … The saddest part of the awful ESPN feature using "song girls" from the University of Southern California to cheer during a race was the fact the Santa Anita grandstand was completely empty when they were filmed. I have to remind myself that you can’t fill all six hours of a telecast with horse and races.

4:40 p.m. … You can’t keep Frankie Dettori down forever. He rode the hair off of Donativum to beat fellow European Westphalia in the Juvenile Turf,. Coronet of a Band finished third, with City Style fourth. Donativum, racing for Princess Haya of Jordan (married to Sheikh Mohammed), is a gelding by Cadeaux Genereux trained by John Gosden, who spent some time training in California in the ’80s and won the inaugural Breeders’ Cup Mile with the mare Royal Heroine at Hollywood Park in 1984.  Tough loss for Westphalia and the Coolmore team. "It’s great to come back to Santa Anita and win a Breeders’ Cup race," Gosden said. "It’s progressed well," Gosden said of the Breeders’ Cup since its inception in 1984, "and I think the development of the two days and the work that the Breeders’ Cup committees have done in creating what they have here at Santa Anita, for the two days of racing, the fillies yesterday were out of this world. It is just superb racing at the highest quality. To me it is the Northern Hemisphere championships. There is no other word for it."

Mutuels: $13.60 to win, with the exacta paying $23.60, the trifecta $152.90 and the superfecta $3,024.10. Chart.

Dettori’s flying dismount would have been panned by Olympic gymnastic judges. He didn’t exactly stick the landing.

4:55 p.m. … Good use of the telestrator by Bailey, who points out how jockeys Johnny Murtagh and Dettori  both went for the same narrow opening in midstretch. Murtagh got the first jump, but Dettori had the best horse.

5:15 p.m. … The Sprint field is ready to go. Midnight Lute is the big question mark here. So is Fatal Bullet, who was just overpowering in his last start at Turfway Park and is a synthetic track freak. But he’s not been facing this kind of competition.

5:20 p.m. …. So much for those questions. Both Midnight Lute and Fatal Bullet ran big, but the Baffert-trained Midnight Lute was just too good, overpowering Fatal Bullet in the final sixteenth to win going away, just as he did a year ago at Monmouth Park. This may be the best training job in Bob Baffert’s career. Midnight Lute has had just one race since last November, and that was a terrible effort in the Pat O’Brien Handicap at Del Mar in August. The horse had a hock injury and a quarter crack that Baffert had to fight and show patience, something that has never been his strong suit. Fatal Bullet ran big on the lead and was second best, with Street Boss and In Summation rallying for third and fourth, respectively. The six furlongs was run in a blazing 1:07.08.

This was Garrett Gomez’s fourth Breeders’ Cup win in two days and the second today for Baffert."I’ve never had a horse like this. He’s just incredible," Baffert said. "He’s one of the best horses I’ve ever trained in my life. I’ve been bragging on this horse forever, but he showed today he is a great horse." The son of Real Quiet (who race for Midnight Lute’s co-owner Mike Pegram) has now now six of 13 starts over four years. At one time he was a Derby hopeful after breaking his maiden so impressively as a 2-year-old at Del Mar, but throat problems compromised him. Subsequent throat surgeries have helped.

Mutuels: Midnight Lute paid $7.40 to win; exacta was $23.80; trifecta $62.50; and superfecta $242.30. Chart.

5:40 p.m. … Nick Luck, the guy with the accent who specializes in European horses, uses a hunk of the Santa Anita turf to show why the track drains so well and is firm. It also might have something to do with the fact that it doesn’t rain in California for six months at a time, Nick. Anyways, Bailey, who mows his own lawn, said the big difference between turf courses in the East and in California is the length of the grass. They keep it much shorter out here, Bailey says, but that’s so golfer Gary Player can go out and work on his game while he’s visiting Santa Anita,.

5:42 p.m. … .ESPN feature on Mike Smith is a good one. Nobody doesn’t like Mikey, and it’s great to see him getting the good horses again. He works hard at his profession, and is a gentleman as well. Bailey says Smith is not only the fittest jockey in America, but one of the fittest athletes in the country. "He’s amazingly fit," Bailey says.

5:55 p.m. … At long last, John McCririck is on the air. He makes Hank Goldberg look small. McCririck thinks Soldier of Fortune is terribly underpriced in the Turf and Eagle Mountain is good value. Dare I say I agree with him? John is a cariacature, but he genuinely knows and loves the game. I’ve had the good pleasure of spending quality time with him over the years at many races and find him to be as knowledgable as they come on international racing.

6:08 p.m. … Michael Stoute had the truest "stayer" in the Turf, and he came flying down the stretch to snatch victory away from Eagle Mountain, who looked a certain winner as the field hit the top of the stretch. A 3-year-old coming off  a three-length victory in the 1 3/4-mile St. Leger Stakes at Doncaster, Conduit was ridden perfectly by Ryan Moore. it was Conduit’s fifth win in nine starts. Eagle Mountain sat just off the early pace in perfect position under Kevin Shea, overtook favorite Soldier of Fortune in midstretch, but was no match for the winner. Dancing Forever closed to get third from Soldier of Fortune.  "He’s raced on firm turf," Stoute told Jeannine Edwards when asked about what gave him confidence that Conduit could handle the firm going. "He’s a very clean and good-actioned horse. We had no qualms about the ground."

Mutuels: $13.60 to win; exacta paid $53.60, the trifecta $1,406.70 and the superfecta $5,622. Chart.

6:25 p.m. … For the first time all weekend, I’m nervous, with some butterflies swirling around in my stomach. I usually only get this way for the Kentucky Derby or when a horse is going for the Triple Crown at Belmont Park. That’s what sets the Classic apart from all the other races in the Breeders’ Cup, at least in my mind and in my gut. I can’t imagine how the owners of these horses must feel.

6:30 p.m. … Of the numerous features shown on this weekend or on any racing telecast for that matter, none has ever put a lump in my throat like the story done on Classic contender Colonel John and Karri Casner, the daughter of WinStar Farm co-owners Bill and Susan Casner who was killed in the terrorist bombings in Bali. It was tough to watch, but beautifully done and certainly put things in perspective.

6:40 p.m. … "It’s not really about the money, it’s about the competion," Jess Jackson tells Jeannine Edwards. He hasn’t been listening to Joe Tessitore, who must get $100 bucks every time he reminds viewers that this is richest event in all of sports. Randy Moss disses Steve Asmussen for not allowing ESPN to bring a camera inside the barn for 30 seconds. "Don’t you know who we are, pal? We’re the worldwide leader in sports!"

6:50 p.m. … ESPN reports there are 55,000 people at Santa Anita, including California Gov. Arnold Schwarzenegger, who is shown giving Bo Derek a kiss on the cheek near the winner’s circle. The horses for the Classic are loading.

6:53 p.m. … Raven’s Pass wins the 25th Breeders’ Cup Classic by 1 3/4 lengths over Henrythenavigator, making this the first one-two European sweep ever in the race. Tiago gets up for third, and a gallant Curlin is fourth, after making a huge move on the turn and going to the lead at the top of the stretch. What a stretch run! Finally, one of my selections to beat the favorite pays off, and it was, as I suggested in my preview, a big day for the Euros. European-based horses won five of the nine races.

Complete order of finish: Raven’s Pass, Henrythenavigator, Tiago, Curlin, Go Between,  Colonel John, Smooth Air, Champs Elysees, Duke of Marmalade, Fairbanks, Student Council, and Casino Drive. Time was a very snappy 1:59.27.

It was the second win on the day for Gosden and Dettori, two of the best in the world at what they do. Casino Drive set the early fractions of :23.77 and :47.60, with prompting from Fairbanks, but neither was around when the real running began at the top of the stretch. "I was always in a spot where he needed to be I thought," said Robbie Albarado of Curlin. "I was content where I was. I had to go a little bit wider than I wanted to, but that’s Curlin. That’s his patented run." Albarado didn’t want to blame the synthetic surface for the defeat.  Steve Asmussen spoke off camera to Jeannine Edwards, saying, "It was a turf race, it wasn’t a dirt race. Horses can train well over the synthetic surface. It doesn’t mean they will run well over it. When he came by the first time and I saw that he was off the bridle, I got worried." Edwards said the Santa Anita crowd gave Curlin a standing ovation when he came back to be unsaddled. Bravo!

7:05 p.m. … Gosden, who spent 11 years training in the United States, tells Edwards: "He’s improved a lot through the year. He’s trained beautifully and he’s mentally relaxed more than ever. I felt the distance wouldn’t be a problem. His sire (Elusive Quality) was a very good miler, but Charlie Whittingham trained Lord At War, the broodmare sire. He won the Santa Anita Handicap at a mile and a quarter."

7:10 p.m. … Princess Haya, Sheikh Mohammed’s wife, had a better day than her husband, as the owner of Raven’s Pass, beating him 2-to-1. Raven’s Pass was bred by Robert and Janice McNair’s Stonerside Stable, which sold the colt earlier this year when Bob McNair opted to get out of racing and concentrate on his NFL football team, the Houston Texans.

Mutuels: Raven’s Pass paid $29 to win, with the exactga paying $150.50, the trifecta $2,395, the superfecta $10,236. Chart.

7:15 p.m. … Dettori’s enthusiasm is such a great asset for the game. He hasn’t always been the most pleasant fellow I’ve run across, but we all have our good and bad days. His love of the game comes through so well at moments like these, however, such as when he gives Bo Derek a big kiss and almost puts his lips on the camera lens He is a showman, one of the best in our business.

7:20 p.m. … In the trophy presentation in the winner’s circle, John Ferguson ignores Gov. Schwarzenegger’s demand to have Raven’s Pass return next year ("I’ll be back!")  and defend his title. Sorry, Arnie, but Sheikh Mohammed’s got a little more juice than you do, and he doesn’t have to listen to you.

7:25 p.m. … It takes a jockey to finally thank the Breeders’ Cup corporate sponsors. After the parade of owners receiving Breeders’ Cup trophies all ignored the various race sponsors, Garrett Gomez thanked "all the sponsors" when he received his Bill Shoemaker Award as the outstanding jockey for the third time in the last four years. It’s pretty standard operating procedure in other sports to have the participants thank the sponsors, but racing people are different.

7:30 p.m. … "The great thing about synthetic surfaces….they keep horses safer, and we saw that today," Randy Moss says at the end of the telecast after a brief discussion about how running the main track races on the Pro-Ride is going to be debated. "I wouldn’t hang my head if I was Curlin," Bailey said, who added that Zenyatta gets the edge from him over Curlin for Horse of the Year. Moss concurs, giving the nod to Zenyatta for her perfect record.

7:40 p.m. … Final thoughts.Santa Anita made for a spectacular setting on television, and the racing was equally good. In the last two days, we have seen some tremendous performances, especially by three fillies who stood out: Stardom Bound and Zenyatta on Friday and Goldikova on Saturday. The male horses that made the biggest impression in my mind today were Midnight Lute and Raven’s Pass. But the warrior who made this day so big going in was one who finished off the board: Curlin. He deserved the standing ovation from the Santa Anita patrons for the year he provided to us all in 2008, from Dubai to Kentucky to New York to California. In 16 lifetime starts, this was the first time that Curlin failed to finish in the top three. He’s the best we’ve seen in some time. 

The synthetic track will get credit for being a great equalizer for the Europeans, but let’s not forget that this was the first Breeders’ Cup where the American horses were not aided by anabolic steroids. That’s an even bigger equalizer, and perhaps the most significant change in all of the many changes that Breeders’ Cup officials have made in the last 12 months. It was long overdue, but a welcome change nonetheless.

Copyright © 2008, The Paulick Report

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Investors haven’t been wild about Churchill Downs stock (CHDN), which closed at $46.45 Friday and hasn’t seen $50 a share since May 1. It’s 52-week high, $57.55, was achieved last December.

CEO Bob Evans and the TrackNet Media Group that was formed with Magna Entertainment to broker simulcast deals has refused to talk seriously with the Thoroughbred Horsemen’s Group, which is negotiating account wagering contracts with racetracks on behalf of local horsemen’s groups such as the Kentucky or Florida Horsemen’s Benevolent and Protective Associations. In fact, Churchill has filed anti-trust lawsuits against the organizations. Evans may be hoping that the longer he puts off dealing with the THG, the less resolve the horsemen will have to stick together in attempting to forge a better contract on account wagering.

That strategy doesn’t appear to be working. To the contrary, it looks more like Churchill Downs’ partner in TrackNet Media is bailing. Frank Stronach, the chairman and acting CEO of Magna Entertainment, sent out a press release a couple of weeks ago saying that Magna recognizes the THG as a beneficial national organization and is negotiating with THG.

SPEAKING OF WAGERING, hats off to Bloodhorse editor Dan Liebman for calling out the Jockey Club after it capitulated to Evans and to Churchill Downs’ biggest shareholder, Dick Duchossois, and decided to no longer provide the trade magazine with meet ending pari-mutuel handle figures. Churchill tracks under Evans and Duchossois have said that handle is no longer a meaningful statistic. Oh, really?

The decision by the Jockey Club to no longer provide this key economic indicator was disgraceful, but I wouldn’t hold out any hope the poobahs there will change their mind.

Two years ago, leading buyer John Ferguson bought 25 yearlings during the two select sessions of the Keeneland September yearling sale for $56,885,000, an average price of $2,275,400. This year, Sheikh Mohammed’s chief bloodstock adviser signed tickets for 19 yearlings, but only spent $15,655,000, an average price of $823,947.

Sheikh Mohammed’s commitment to buying what he and his advisers think are the best yearlings hasn’t changed in two years. The competition has changed, however, leaving a very short list of people to bid against the sheikh once yearling prices get to a certain point, with $1 million seemingly the magic mark. As a result of the absence of high-pitched battles that drive prices sky-high, gross receipts and average declined during Monday and Tuesday’s select sessions, but the middle-market median price has remained the same. The high-end bubble burst also created a spike in horses bought back by consignors who seem to be clinging to the expectations set two or three years ago at this sale.

Absent from those high-pitched battles was Demi O’B yrne, representing Ireland’s Coolmore operation, which two years ago spent $8,825,000 for eight yearlings and in 2007 bought 11 for $16,850,000. Coolmore did more watching than bidding this year during the select sessions, buying only five yearlings for $2,865,000. But that might be more a product of the perceived quality of the high-end yearlings that were invited into the select session by a Keeneland inspection team that some buyers have quietly said is not doing as good a job as it used to do. We’ll see how active Coolmore is over the next two days during the Wednesday and Thursday sessions that historically have proven to provide good value to buyers and a high percentage of stakes winners that rivals the select sessions.

There were 300 horses sold Monday and Tuesday for $113,357,000, an average price of $377,857 and median of $300,000. In 2007, there were 337 yearlings sold for $145,377,000, an average of $431,386 and the same $300,000 median. Thus, the gross dropped by 22% in one year, and the average declined by 12.4%. There were 132 horses through the ring that failed to sell, a buy-back rate of 30.6%, an all-time high for the Keeneland September select sessions.

This year’s select sale gross is the lowest since the $100,576,000 achieved in 2002 and the second-worst since 1999. That’s especially bad news for breeders whose product is produced for the high-end buyer in the Thoroughbred market. But it’s also bad news for Keeneland, a sale company that has had a dominant market share position on its chief rival, Fasig-Tipton, which was purchased earlier this year by an associate of Dubai’s ruler, Sheikh Mohammed.

The purchase of Fasig-Tipton, combined with a commitment by its new owner to recapitalize the company and turn loose its newly crafted management team will pose a serious challenge to Keeneland moving forward, and begs the question: Can anyone teach the elephant to dance?

Tuesday’s sessions yielded more $1-million yearlings than Monday’s (11 to 5, as reported by the sale company), but the total is far below the 30 sold last year. The session totals were: 146 sold for $57,310,000, an average of $392,534 and median of $300,000. The Tuesday session in 2007 sold 166 for $77,982,000, an average of $469,771.

Over the first two sessions, Ferguson, representing Sheikh Mohammed, and Rick Nichols, buying in the name of Sheikh Hamdan’s Shadwell Estate Co. Ltd., combined to spend more money in 2008 than they did in 2007: $25,375,000 vs. $22,380,000. Their combined purchases accounted for 22.4% of the select session gross receipts.

The 2008 declines would have been far worse were it not for a new operation, Legends Racing, a partnership formed by Gaines-Gentry Thoroughbreds, that was the third leading buyer behind Ferguson and Shadwell with 10 yearlings bought for $6,655,000. Another significant domestic buyer was Peter Wittmann’s Maverick Racing, which spent $3,100,000 on five yearlings to rank fourth among select session buyers.

The top-price of the select sessions was the $3.1 million Storm Cat filly sold Monday and purchased by Ferguson for Sheikh Mohammed.

Though Storm Cat produced the top price, A.P. Indy was the leading sire by average, with 21 sold for an average of $647,142. Here is Keeneland’s list of leading sires.

Taylor Made Sales Agency was the leading consignor by gross revenue, with 74 yearlings bringing $25,690,000, followed by Lane’s End, which sold 24 for $14,520,000. Here is Keeneland’s list of leading consignors by gross and by average.

One horse Lane’s End didn’t sell was a colt by Storm Cat out of the multiple Grade 1 winner Tranquility Lake, who produced Grade 1-winning grass star After Market for breeders Marty and Pam Wygod. The colt was part of the Lane’s End consignment and was widely believed to be a potential sale topper when it was announced he had been withdrawn about an hour before he was scheduled to be sold on Tuesday.

As the action was winding down late Tuesday afternoon, Marty Wygod and Russell Drake, farm manager for the Wygods, were puffing on what looked like victory cigars behind the Keeneland sale pavilion. After seeing the results of the first two days, Wygod said he was happy with the decision to keep the Storm Cat colt and race him rather than offer him in a shaky market, saying: “There’s just not enough money out there right now for this kind of horse.”

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By Ray Paulick

Dubai’s Sheikh Mohammed struck again Tuesday morning to purchase the first seven-figure yearling of the Keeneland September sale’s second session when he stood in the back-ring area with bloodstock adviser John Ferguson and bought an A.P. Indy filly out of the Grade 1 winning Smart Strike mare Shadow Cast for $1 million. It was the third purchase of the morning for the ruler of Dubai, who paced all buyers in Monday’s opening session with $8,835,000 in expenditures. He has now spent nearly $11 million, and there are many top lots left to sell. The A.P. Indy filly was consigned by Lane’s End, agent

12:05…TDN reports that Hip 329, a Storm Cat colt out of multiple Grade 1 winner Tranquility Lake, by Rahy, and one of the leading prospects to top the sale, has been withdrawn by Marty Wygod, who raced the mare and one of her foals, Grade 1 winner After Market (also by Storm Cat). After Market stands at Lane’s End, which also had the Storm Cat yearling in its Keeneland consignment.

12:30…There’s the buzz that’s been lacking for most of the sale. In just a few minutes, three horses reach seven figures, beginning with Hip 317, an El Prado colt out of the Clever Trick mare Swift and Classy, that Tom Evans’ Trackside Farm, agent for Liberation Farm and partners, sold for $1 million to Legends Racing, Monday’s leading domestic buyer. The next horse through the ring, an A.P. Indy colt out of Taegu, by Halo, brings $1.5 million from Sheikh Hamdan’s Shadwell Farm chief Rick Nichols, A few minutes after that, Hip 323 also reached $1 million. That colt, by Mr. Greeley out of stakes winner and stakes producer Tempest Dancer, by Storm Cat, is sold by Gainesway, agent, and is also picked up by Legends Racing, whose bidding is being done by Olin Gentry of Gaines-Gentry Thoroughbreds, which put the partnership together. Legends Racing is no named because it is being advised by three Throughbred training "legends," Hall of Famers D. Wayne Lukas, Nick Zito and future Hall of Famer Bob Baffert. The Legends horses will be divided among those three trainers.

3:00 update…A little lunch, a little nap, and I’m back. Ready for some numbers?

Today’s session is going much better from the standpoint of horses getting sold. The RNA or buyback rate is a more palatable 25% through the first 121 horses through the ring, and there have been at least eight million-dollar yearlings, including four from the Legends Racing Partnership, which ranks as the day’s leading buyer with about 90 more to be offered after spending $4,350,000.

Legends purchased four so far: Hip 317 (colt by El Prado) for $1,000,000; Hip 323 (colt by Mr. Greeley) for $1,000,000; Hip 331 (colt by Storm Cat) for $1.2 million; and Hip 355 (colt by Unbridled’s Song) for $1.15 million. The partnership has made no secret that it hopes to compete in the Triple Crown races using Lukas, Zito and Baffert as trainers.

First-day leading buyer Ferguson, spending Sheikh Mohammed’s money, signed five tickets for $3,495,000, and Darley Stud was listed as buyer of two more for $600,000, for a grand total of $4,095,000 with 90 left o sell. Ferguson’s purchases were Hip 272 (Elusive Quality colt) for $350,000; Hip 274 (Kingmambo colt) for $775,000; Hip 288 (A.P. Indy filly) for $1,000,000; Hip 345 (Kingmambo colt) for $1,000,000; and Hip 384 (Elusive Quality colt) for $370,000. The two Darley purchases were Hip 332 (Mr. Greeley filly) for $400,000; and Hip 373 (Street Cry filly) for $200,000.

Sheikh Hamdan’s Shadwell Estate Co. Ltd. spent $2,000,000 on three yearlings (with 90 hips left to go), and Demi O’Byrne of Coolmore bought three for $1,490,000. The Shadwell purchases included the day’s highest price (so far), Hipe 318 (A.P. Indy colt) for $1.5 million; Hipe 387 (Awesome Again filly) for $200,000; and Hip 388 (Dynaformer filly) for $300,000.

O’Byrne’s buys were Hipe 279 (Arch filly) for $500,000; Hip 320 (Giant’s Causeway filly) for $400,000; and Hip 352 (Giant’s Causeway colt) for $590,000.

Two other $1,000,000-plus yearlings sold went to Troy Steve Bloodstock (Hip 360, Giant’s Causeway filly) for $1,250,000; and Charlotte Weber’s Live Oak Plantation (Hip 340, Giant’s Causeway filly) for $1,150,000. I’m not very familiar with England-based Troy Steve Bloodstock, but here is Web site.

3:35 update…Maybe I spoke too soon about the reduced buyback rate. From Hip 390 to 409, there were nine yearlings not sold from 19 through the ring, which moved the RNA needle upwards to 27.9%, very close to Monday’s final percentage of 29.0%. Shadwell bought another one, Hip 395 (Distorted Humor colt), for $850,000, bringing its total to 16 purchases in two days.

Final numbers to be posted in a separate story.

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(Keeneland did not report the number or percentage of RNAs in results sheets handed out after Monday’s session.)

One of those RNAs, an A.P. Indy colt out of Horse of the Year Azeri, was the talk of the sale when he was bought back by Michael Paulson for $7.7 million, which set a new record price for a buy-back. The previous record of $7.5 million was established in 1985 at the now-defunct Keeneland July selected yearling sale that also resulted in a $13.1 million world record price for a yearling sold. The 1985 buyback was for a Northern Dancer colt, Ajdal, who became England’s champion sprinter.

Paulson told Bloodhorse he is looking for partners with whom to race the colt.

The A.P. Indy-Azeri colt was consigned by Hill ‘n’ Dale Sales Agency, agent, which also was listed as the seller and buyer of a $1.2 million Storm Cat filly out of Starrer. That yearling was listed as a sale but was a buy-back by breeder George Krikorian, according to an adviser to Krikorian. That filly was one of five Keeneland listed at prices of $1 million or higher, a decline from the 11 seven-figure yearlings sold on day one last September.

The Darley and Shadwell operations of Dubai’s Sheikh Mohammed and Sheikh Hamdan, respectively, bought 21 yearlings for $15,045,000, which represents 27% of the first day’s gross receipts. John Ferguson, Sheikh Mohammed’s chief bloodstock adviser, signed the tickets on nine yearlings for $8,825,000 (another bought for $160,000 was listed in the name of Darley Stud), with Shadwell purchasing 12 for $6,220,000.

Among those purchased by Ferguson was an A.P. Indy filly out of Chimichurri that he went to $3.1 million to buy from Gainesway, agent for Jess Jackson’s Stonestreet Thoroughbred Holdings. The filly was the highest price among yearlings sold on Monday.

Legends Racing, a new partnership organized this year by Gaines-Gentry Thoroughbreds, was the leading domestic buyer with five purchases totaling $2,005,000. Two American buyers went to seven figures for yearlings: Jon Kelly bought an Empire Maker filly out of Aurora for $1.7 million and Briggs and Cromartie Bloodstock Inc, as agent, bought a Giant’s Causeway colt out of Voodoo Dancer for $1 million.

Demi O’Byrne bought two yearlings for $1,375,000 on behalf of John Magnier’s Coolmore operation.

Taylor Made Sales Agency sold 40 yearlings for $13,065,000 to be the day’s leading consignor by gross, with Eaton Sales next with 19 sold for $7,810,000 and Gainesway third with seven sold for $5,090,000.

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 The final numbers sent a mixed message to the market, as the gross receipts declined by 9.8% but average rose 16.2% and median price increased by 10.8% from last year’s opening session. Most  troublesome was the steep buyback rate of 30.6%, a sharp rise from last year’s 21.9% not sold on the first night.

Though Ferguson was the night’s leading buyer, the highest priced offering Monday, a Storm Cat filly from the Hill ‘n’ Dale Sales Agency consignment, was purchased by Team Valor International for $1,500,000.   The Vanlandingham mare Totemic, a graded stakes winner and dam of three stakes winners, including Fountain of Youth Stakes winner Lil’s Lad, produced the filly.

The only other $1-million yearling on the night was an A.P. Indy colt out of the Broad Brush mare Pyramid Lake, purchased for $1,200,000 by William Farish of Lane’s End Farm, where A.P. Indy stands at stud. The colt is out of a half-sister to European Horse of the Year Peintre Celebre and was consigned by Hunter Valley Farm, agent.

 Following Ferguson as the first session’s top buyer was Team Valor, the partnership run by Barry Irwin that has been very active at this sale in recent years. Team Valor bought three yearlings for $2,120,000. Third-leading buyer was Legends Racing, a newly formed partnership that is teaming with trainers D. Wayne Lukas, Nick Zito and Bob Baffert to pick out and train its horses, which bought three for $1,205,000, including a $700,000 colt by first-year sire Rock Hard Ten out of Tapstress, a Desert Wine mare. The colt was consigned by Gainesway, agent. The only other yearling by Rock Hard Ten offered Monday night was a colt out of Serena’s Sister, by Rahy,  that Maverick Racing bought for $450,000 from Bridlewood Farm, with Denali Stud as agent.

Missing from the list of buyers on the first night was Demi O’Byrne, agent for the Coolmore operation of John Magnier.

Totals for Monday were 59 head sold from 85 offered (with 30.6% not sold) for $17,915,000, an average price of $303,644 and median of $230,000. Last year’s numbers from the first night were 76 sold from 96 offered (21.9% RNA) for $19,867,000, an average of $261,408 and median of $207,500.

(Note: The statistics reported above were amended by Fasig-Tipton to reflect an additional sale of Hip 93, originally listed as RNA but changed to sold for $245,000 to BTA Stable. The adjusted final figures are 60 sold for $18,160,000; $302,667 average and $235,000 median.)

That nearly $3.7 million was more than Ferguson spent in the three previous Saratoga auctions (he bought five for $3,275,000 in 2006, three for $1,650,000 in 2005, and one for $275,000 in 2004).

Question 2: How will the Dubai-based ownership play out with  Sheikh Mohammed’s global rival, John Magnier’s Coolmore team, which has outspent Ferguson over the last four years at Saratoga and been the sale’s leading buyer? Led by agent Demi O’Byrne, Coolmore has spent $12.2 million since 2004 compared with $8.9 million for Ferguson and Sheikh Mohammed.

Question 10: Who among the strong group of first-year sires will emerge as the commercial market leader going into next month’s market-defining yearling sale at Keeneland? The list includes Afleet Alex (three);  Ghostzapper (seven catalogued); Rock Hard Ten (four); and Saint Liam (four).

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