{"id":10597,"date":"2013-09-23T11:01:26","date_gmt":"2013-09-23T16:01:26","guid":{"rendered":"http:\/\/www.sallyharrison.com\/?p=10597"},"modified":"2013-09-23T11:01:26","modified_gmt":"2013-09-23T16:01:26","slug":"market-high-and-wide-for-keeneland-yearling-sale","status":"publish","type":"post","link":"https:\/\/www.sallyharrison.com\/?p=10597","title":{"rendered":"Market high and wide for Keeneland Yearling Sale"},"content":{"rendered":"<p><a href=\"http:\/\/www.sallyharrison.com\/wp-content\/uploads\/2013\/09\/KeenelandDay2.jpg\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.sallyharrison.com\/wp-content\/uploads\/2013\/09\/KeenelandDay2.jpg\" alt=\"\" title=\"KeenelandDay2\" width=\"252\" height=\"215\" class=\"alignright size-full wp-image-10598\" \/><\/a>Thoroughbred racing&#8217;s premier auction, the Keeneland September Yearling Sale, concluded its 12-day run on Saturday with double-digit increases over 2012 and the highest average price since 2006. <\/p>\n<p>The cumulative average price of $102,220 on 2,744 yearlings rose 17 percent from $87,330 in 2012, and was the third-highest September Sale average ever. Gross sales of $280,491,300 were up 27.6 percent over 2012, the highest since 2008, and 18 individual horses brought $1 million or more, the most since 2008, from 15 different buyers.<\/p>\n<p>&#8220;Buyers are responding to a fair, realistic market,&#8221; said Geoffrey, Russell, Keeneland&#8217;s director of sales. &#8220;Given the smaller size of recent foal crops, supply is more in line with demand, spurring competition for horses.&#8221;<\/p>\n<p>M.V. Magnier of Irish-based Coolmore Stud purchased the sale-topper, a War Front colt for $2.5 million. Whisper Hill Farm spent $2.2 million for an Indian Charlie filly, who is half-sister to two G1 winners.<\/p>\n<p>&#8220;The depth of buyers is the encouraging factor of the sale,&#8221; said Peter O&#8217;Callaghan of Woods Edge Farm, consignor of the sale-topping $2.5 million colt. &#8220;Just the amount of people bidding on your horses is really great to see. We&#8217;ve been waiting for it for a while.&#8221;<\/p>\n<p>The high volume of trade also pushed the buy-back rate to a low of 19.9 percent, with active buyers from the U.S. and Europe, as well as Russia, Qatar, Japan, Korea, and Central and South America.<\/p>\n<p>Sheikh Hamdan&#8217;s Shadwell Estate Company Ltd. ranked as the leading buyer for the second consecutive year, buying 27 yearlings for $11.6 million. Shadwell&#8217;s purchases were led by a $1 million Tapit filly consigned by Woods Edge Farm. Tapit, who stands at Gainesway Farm near Lexington, was the sales leading sire by gross with 38 yearlings for a total of $15,670,000, including four which brought $1 million or more.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Thoroughbred racing&#8217;s premier auction, the Keeneland September Yearling Sale, concluded its 12-day run on Saturday&#8230;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,2],"tags":[],"class_list":["post-10597","post","type-post","status-publish","format-standard","hentry","category-current-events","category-racing"],"_links":{"self":[{"href":"https:\/\/www.sallyharrison.com\/index.php?rest_route=\/wp\/v2\/posts\/10597","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.sallyharrison.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.sallyharrison.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.sallyharrison.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.sallyharrison.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10597"}],"version-history":[{"count":2,"href":"https:\/\/www.sallyharrison.com\/index.php?rest_route=\/wp\/v2\/posts\/10597\/revisions"}],"predecessor-version":[{"id":10600,"href":"https:\/\/www.sallyharrison.com\/index.php?rest_route=\/wp\/v2\/posts\/10597\/revisions\/10600"}],"wp:attachment":[{"href":"https:\/\/www.sallyharrison.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10597"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.sallyharrison.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10597"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.sallyharrison.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10597"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}