KEENELAND DAY THREE: DOWNWARD TREND CONTINUES
Wednesday, November 5th, 2008My White Corvette, dam of 2008 Breeders’ Cup Juvenile Fillies (G1) winner Stardom Bound, brought top price of $825,000 on Wednesday at Keeneland’s November Breeding Stock Sale.
Barry Weisbord signed the ticket, on behalf of celebrity chef Bobby Flay, for the 10-year-old mare by Tarr Road. My White Corvette was not mated in 2008 since her weanling filly by Lion Heart was a May foal. She was consigned by Hunter Valley Farm, agent.
On Wednesday, Keeneland sold 224 horses for gross receipts of $24,698,000, down 42.1 percent from 2007 when 258 horses brought $42,638,000. Average price of $110,259 decreased 33.3 percent from last year’s $165,264. The median price of $82,500 was down 36.5 percent from $130,000 in 2007. The buy-back rate was 28.2%.
| Year | Sold | Revenue | Average | Median |
|
2008 |
523 |
$114,725,000 |
$219,359 |
$125,000 |
|
2007 |
638 |
$221,137,000 |
$346,610 |
$190,000 |
|
2006 |
616 |
$194,352,000 |
$315,506 |
$190,000 |
|
2005 |
633 |
$200,002,000 |
$315,959 |
$200,000 |
|
2004 |
691 |
$202,533,500 |
$293.102 |
$150,000 |
|
2003 |
606 |
$165,541,000 |
$273,170 |
$135,000 |
|
2002 |
613 |
$134,944,000 |
$220,137 |
$110,000 |
Through the first three days, Keeneland has sold a total of 523 horses for $114,725,000, down 48.1 percent from last year’s $221,137,000 when 638 horses sold. The average of $219,359 was down 36.7 percent from $346,610 in 2007, while the median of $125,000 decreased 34.2 percent from last year’s $190,000
“In general, given the state of the world today, it was a very good session,” said Geoffrey Russell, Keeneland’s director of sales. “What is good is that there is active trade here; and active trade with an international feel.”
Woodland Farm, the day’s leading buyer, purchased the session’s second-, third- and fourth-highest priced horses, paying $500,000 for Capeside Lady, in foal to Empire Maker; $385,000 for Sacred Feather, in foal to Giant’s Causeway; and $375,000 for Princess Patricia, in foal to Hard Spun.
Graded stakes winner Capeside Lady, a seven-year-old mare by Cape Town, was consigned by Dapple Stud, agent.
The six-year-old Sacred Feather is by Carson City out of graded stakes winner Marianna’s Girl, and a half-sister to such stakes winners as Marastani, Christine’s Outlaw, and Crimson Classic. Princess Patricia, a five-year-old mare by Aptitude, is a half-sister to recent Emirates Airlines Breeders’ Cup Filly & Mare Turf (G1) winner Forever Together. Both mares were consigned by Nursery Place, agent.
Keeneland’s November Breeding Stock Sale continues through Monday, November 17. Sessions begin at 10 a.m. daily.
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