Keeneland Sales Coverage

re: Keeneland Sales Coverage

da3hoss — Thu, 17 Sep 2009 10:54:06 GMT

There's something decidedly sick about subjecting a baby to 17 scopings in a day...

re: Keeneland Sales Coverage

derek — Wed, 16 Sep 2009 20:23:25 GMT

This is the best thing to happen in horse racing..I hate that the breeders are whining about barely making it or losing money and can't recover their stud fees, etc.. Is anyone talking about when they were making 10-20x the stud fee a few years ago? Greed has absolutely ran this business in the ground and it's good that we're seeing this sorely needed market correction. This greed has let to overbreeding and tons of horses that have/will end up being slaughtered, simply because of greed. Greedy non horse people were in the game only to pinhook horses or breed horses cuz it was a hot industry to make money in. The burden bearer of all this has been the end user, which are the owners and the trainers. I hope it hits absolute rock bottom. Also, no i'm not angry, no i'm not an animal activist, I love the horse business very much, but hate to see what the greed has done so that's why I've said what I've said. Bottom line, this is how it should be and it will actually go a long way in possibly getting new people in the game, which is what racing always needs..

re: Keeneland Sales Coverage

Adele Maxon — Wed, 16 Sep 2009 15:04:47 GMT

Maybe the middle and lower end of the market will be better for a change if more people have the opportunity to buy!

re: Keeneland Sales Coverage

aspradling — Wed, 16 Sep 2009 12:54:30 GMT

HI Linda!

There is definitely a lot of opportunity to buy nice horses for a lower price. I hope that works out for a lot of people in the mid and small sized operations.

Its tough on the investors/sellers, like you said, with stud fees and raising the horse expenses.

As a fellow racing fan, I understand what you are saying =)

re: Keeneland Sales Coverage

Linda in Texas — Wed, 16 Sep 2009 12:46:51 GMT

The much lower prices being offered for horses with exquisite bloodlines is a chance for many who in past years were not able to purchase the cream of the crop to now do so. The sellers are the ones of course who are taking the hit and a loss. When you consider that investors lost an average of 40 percent of their investments, including this poster, in the financial crisis, then a horse that sold for 3 or 4 million last year, is now selling for 2 or 3.

It may not just be this simple theory as other issues come into play also, but certainly should not spell total doom for the future. From the looks of videos of the offerings at Keeneland, there are some magnificent horses being offered for sale. I am not a buyer, nor a seller, nor a trainer nor a jockey. As a fan I happen to simply love the world of thoroughbred horses and every aspect of it.

re: Keeneland Sales Coverage

aspradling — Tue, 15 Sep 2009 18:33:44 GMT

He's a well-behaved individual, strking , and sold for 2,050,000 a new high price.' Tom Hall tweeted at the end of the bidding war.

The second seven digit horse of the sale.