It's International Night at Fasig-Tipton Saratoga

re: It's International Night at Fasig-Tipton Saratoga

Edward — Mon, 17 Aug 2009 21:44:47 GMT

How can the rest of us understand this industry when it is filled with wacko ideas like a consignor bidding on his own property?

When you think that it is wrong to criticize a person who lives in AND RULES a culture that treats women as second class citizens, doesn't tolerate political dissent, and on and on and on simply because he puts money in your pocket...well there is name for people like you.

re: It's International Night at Fasig-Tipton Saratoga

Abbie Knowles — Thu, 13 Aug 2009 00:06:57 GMT

H.H. Sheikh Mohammed and Princess Haya rule ok!!!! Just wish the world had more rulers like them and more Countries with a horse racing heart like DUBAI!

GODOLPHIN and DARLEY rule ok. Well they would. The Godolphin Arabian and Darley Arabian founded the racehorse as we know it along with the Byerley Turk!

H.H. Sheikh Mohammed has propped up UK racing for years (since 1980) along with his brothers and has received much in the way of criticism and total ingratitude! C'mon America do not treat him the same when he tries to help you!

God Bless

Best wishes

Abbie

re: It's International Night at Fasig-Tipton Saratoga

sgillies — Wed, 12 Aug 2009 14:13:31 GMT

Just a quick update:

The Monsun (GER) filly was a $200,000 RNA.

The Encosta de Lago (AUS) colt sold for $500,000 -- quite a bit above the sale's $328,434 average and double the $250,000 median.

Read the sale wrap-up.

re: It's International Night at Fasig-Tipton Saratoga

Kevin — Wed, 12 Aug 2009 08:52:57 GMT

RE: Linda in Teas/Vermont

Please read my comment again. Either I failed to make my point clear or you misread what I wrote.

One can be both realistic and hopeful for the future of the thoroughbred market, one does not cancel out the other.

Sheikh Mohammed is both a major part of and is good for the thoroughbred industry. I wish he and his horses much success.

My warning is only about taking the raw numbers of a sale at face value. So to speak, large amounts of money were transacted from the right hand, to the left hand, from the present pocket to the future pocket. Now all well and good, these actions can benefit the thoroughbred market as a whole. Also know they could play havoc with the individual investors, both breeder and buyer if they are not accounted for what they are, which is not a true representation of the market value.

You might say my comment on the flavor of the month was out of place. If so, so be it. It is just that investing large amounts of money on unproven stallions, touted on their sires nicks & crosses, is a sure road to disaster. To steer a client in that direction is the surest way to make them a ex-owner of thoroughbred race horses. The industry needs a steady ownership on all levels. It can not survive hoping always for new blood.

Well, good morning, and have a very good day, it was my pleasure to share thoughts with you I have work.

re: It's International Night at Fasig-Tipton Saratoga

LINDA IN TEAS/VERMONT — Wed, 12 Aug 2009 03:09:45 GMT

KEVIN, NO ONE ELSE HAS COMMENTED ON THIS BLOG BUT YOU AND I STARTED NOT TO, BUT BEING OPINIONATED AND HOPING FOR GOOD THINGS TO COME IN THE THOROUGHBRED INDUSTRY AND LOOKING FORWARD TO THE FUTURE, UNLIKE YOU OBVIOUSLY, I BELIEVE PEOPLE WILL INVEST WHERE THEY WANT TO. THEY DON'T NEED YOU TO WORRY ABOUT THEM. I SAY GOOD FOR THE GENTLEMAN FROM DUBAI. HE AT LEAST KNOWS HIS HORSES REGARDLESS OF WHO ADVISES HIM. AND CONTINUED SUCCESS, PAR EXCELLANCE FASIG-TIPTON, IS WHAT I WISH FOR ALL INVOLVED.

re: It's International Night at Fasig-Tipton Saratoga

MikeM — Wed, 12 Aug 2009 01:20:53 GMT

Kevin- could not agree with you more. Total smoke and mirrors. It's very obviouse that the Sheikh and his connections will spend what ever it takes to prop up the results.

re: It's International Night at Fasig-Tipton Saratoga

Kevin — Tue, 11 Aug 2009 20:48:22 GMT

A positive outlook is good, but one must be also realistic concerning the current and future thoroughbred market. There were many smoke and mirror sales last night, as I expect there will be tonight.

If one were to subtract the money spent by the Sheikh and his direct connections, we have figures that are not quite as good.

If one were to subtract the money spent on the progeny of just two sires (Bernardini & Medaglia d'Oro) again we have figures which reflect a not so quite robust market overall.

As for Bernardini, any owner who is touted on the flavor of the month by his blood stock adviser should fire the hired help. That same adviser probably touted "Aldebaran" at equally inflated prices two/three years ago to his/her last owner.

I do agree, the management of Fasig-Tipton is doing a great job in restoring it's brand name to represent quality. They will continue to strive to gain the respect of all buyers/sellers. They will drive on until they are number one. But do not confuse corporate moves by a sale company to place themselves in a good light, with the return of the thoroughbred market. There are many hands at work, from all angles, in returning Fasig Tipton to it's former self as the pre-eminent sale company.

One must not misread the headlines and one must read the fine print or there is the chance one can make the wrong investment.

re: It's International Night at Fasig-Tipton Saratoga

Dynaformer Lives — Tue, 11 Aug 2009 18:23:10 GMT

I was looking forward to my fave Dynaformer's but now I saw the full sister to IN SUMMATION and darn she is nice looking. I want to watch her go thru the ring she is Hip num. 125.