AMERICAN GRADED STAKES STANDINGS brought to you by Keeneland: LOOKIN AT A BARGAIN
Thursday, December 24th, 2009
By Ray Paulick
Buyers at the 2008 Keeneland September yearling sale who stopped by the Taylor Made Sales Agency barn to inspect Hip 1738 would have been looking at a bay colt by leading sire Smart Strike out of a young mare bred and raced by William S. Farish in partnership with Temple Webber Jr.
They would have been looking at a colt whose year-older half brother by Mr. Greeley, broke his maiden impressively at first asking at Saratoga a month earlier and who was entered in the Grade 2 Futurity Stakes at Saratoga on Sept. 13, one day before the yearling colt was to enter the sales ring.
But many of the potential buyers might also have been looking at a veterinarian’s report that said the colt had “mild sesamoiditis” in his left front ankle … “moderate mid-sagittal ridge erosion” in his right front ankle … “moderate sesamoiditis” in his left hind ankle … and a “post-operative lateral trochlear ridge divot” in both his left and right stifle.
Unfortunately, the details of that vet report may be what most buyers focused on, for despite the fact its conclusion was a “favorable prognosis” for racing soundness the colt was bought back by his breeders for $35,000, which wouldn’t even cover his sire’s 2006 stud fee of $50,000.
Who was the colt these buyers were looking at?
It was Lookin at Lucky, who went on to be a $475,000 graduate of the 2009 Keeneland April sale of 2-year-olds in training and is the probable champion 2-year-old Eclipse Award-winning male on the strength of four victories in American Graded Stakes races, including the Grade 1 trio of the Del Mar Futurity, Norfolk Stakes and CashCall Futurity. His only defeat in six starts came when beaten a nose in the Grade 1 Breeders’ Cup Juvenile by Vale of York.
Lookin at Lucky is just the latest example of a horse offered at public auction whose sale price was greatly diminished because of perceived physical problems that knowledgeable veterinary professionals believe would not impair its ability to train and race. He will be, as Mark Taylor of Taylor Made Sales Agency said recently, the 2010 poster child to help educate buyers about how physical or radiograph imperfections do not have to affect a horse’s racing ability or soundness.
Mark’s older brother, Duncan Taylor, who probably couldn’t dunk a basketball on an eight-foot hoop, often jokes that if NBA scouts drafted players on the basis of radiographs he might have gotten picked ahead of Michael Jordan because his X-rays are perfect.
Veterinarian Jerry Bailey and Lance Robinson, partners in Gulf Coast Farm, bred Lookin at Lucky after buying his dam, Private Feeling, for $130,000 from the Lane’s End consignment at the 2004 Keeneland November breeding stock sale. They sold Kensei for $300,000 to Jess Jackson’s Stonestreet Stables at the 2008 Barretts May 2-year-olds in training sale (Kensei went on to win the 2009 Grade 2 Jim Dandy, and Bailey and Robinson sold Private Feeling for $2 million at the 2009 Fasig-Tipton Kentucky November mixed sale).
Robinson and Bailey were high on Kensei’s younger half brother when he was entered in the 2008 Keeneland September sale. But Lookin at Lucky underwent surgery in April 2008 to remove OCD fragments from both stifles, and the aforementioned report prepared by the consignor’s veterinarian indicated other minor issues that the vet did not believe would prevent the colt from racing soundness. But, as has been the case with a long list of successful racehorses who did not sell well because of perceived issues, the report discouraged buyers who feel a horse is stigmatized by the letters OCD (which stands for osteochondritis dissecans),
So Bailey and Robinson put the colt in training and pointed him for Keeneland’s 2-year-old sale in the spring of 2009, offering him in the name of the Jerry Bailey Sales Agency. He caught the eye of trainer Bob Baffert after a one-furlong breeze in 10 seconds and brought the top price of $475,000 on the sale’s second day. Baffert, who said Lookin at Lucky X-rayed fine before the 2-year-old sale, told the Paulick Report he was unaware of the issues that accompanied the colt into the sale ring the previous September. Baffert bought the colt in the name of Mike Pegram, who now races Lookin at Lucky in partnership with Karl Watson and Paul Weitman.
“There’s a lot of times when you’re looking for athletes that it’s better not to have too much information,” the Hall of Fame trainer said. “There are so many horses that don’t ‘vet’ that turn out to be runners. I’ve trained horses that had OCD lesions and it never bothered them.”
Mark Taylor, who serves as president of the Consignors and Commercial Breeders Association, said one of the organization’s primary goals is to educate buyers about veterinary issues that come up at Thoroughbred auctions. To that end, the CBA has published several informative and useful booklets, including one that specifically deals with OCD. (Click here for a copy of that booklet, written by Frank Mitchell, and here to learn more about the CBA.)
Taylor said another one of the CBA’s projects is to gather racing results data for horses in various categories assigned by veterinarians based on radiographs and their prognosis for racing soundness made at the time they were offered at public auction. “Just at Taylor Made, we’ve got 90% of the X-ray reports of all the Grade 1 winners we’ve offered, starting with horses born in 1980 to the present,” he said. “It’s amazing some of the X-ray train wrecks that have gone on to be really good horses.”
Lookin at Lucky wasn’t one of those train wrecks. But the minor issues he had were discouraging enough to potential buyers that they passed on an opportunity to buy a horse who turned into a three-time Grade 1 winner and the early favorite for the Kentucky Derby. That’s the kind of horse that everyone is looking for.
Copyright © 2009, The Paulick Report
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