KEENELAND SEPTEMBER BEGINS MONDAY, SEPTEMBER 8, 2014
NO. 71
KEENELAND TODAY HEAD SOLD 2,744
GROSS AMOUNT $280,491,300
AVERAGE PRICE $102,220
MEDIAN PRICE $50,000
SEPTEMBER YEARLING SALE FORMAT
No. $1M Horses Sold 5
13
5
4
5
4
4
3
Week One
5
Monday through Thursday, September 8-11
13
5
4
5
The premier Book One catalog will span the entire four-day opening week, Monday-Thursday, September 8-11. Cataloged alphabetically by dam. Sessions begin at noon.
4
2 1 0
Week One, Book One September 2013 Mon.
Tues.
Wed. Thurs.
Monday $1M
4
HIP 712, A COLT BY WAR FRONT, IS SOLD FOR$500K+ $2.513MILLION TO M.V. MAGNIER No. $500K Horses Sold
Watch Hip 712 in the Sales Ring at keeneland.com/hip-712 Average $267,192 Median 200,000 Tuesday
19
20
15
17 13
Mon.
Tues.
19
Wed. Thurs.
$1M $500K+ Average Median
17
11
5
0
SEPTEMBER YEARLING SALE SIGNALS GROWTH 13
11 10
Wednesday $1M $500K+ Average Median
4 11 $250,978 200,000 5 19 $310,296 240,000
Thursday
$1M
5
$500K+ 17 UPWARD TREND EXPECTED TO CONTINUE THIS SEPTEMBER
Average Sale Price $310,296 $350K $300K
$267,192
$294,887
$250,978
$250K $200K $150K $100K $50K 0
Mon.
Tues.
Wed. Thurs.
Median Sale Price $240K $250K
$200K
$200K
$210K
$200K $150K $100K $50K 0
Mon.
Tues.
Wed. Thurs.
“Strong September Opener” — Thoroughbred Daily News, September 10, 2013 “Another Topper for Baumann Stables” — Thoroughbred Daily News, September 11, 2013 “Pope Takes Charge at Keeneland” — Thoroughbred Daily News, September 12, 2013 “Keeneland September Powers On” — Thoroughbred Daily News, September 13, 2013
Scan here to read Keeneland Today online.
TOP PRICE $2,500,000
2014
A LOOK BACK: Week One Book One September 2013 5
CL ENT OS RI E M ES AY 1
$250,978
$267,192
Average $294,887 Median 210,000
15 INDIVIDUAL BUYERS $310,296PURCHASED 18 SEVEN$294,887 FIGURE YEARLINGS, AND 69 INDIVIDUAL BUYERS SPENT A TOTAL OF $1 MILLION OR MORE. Keeneland’s September Yearling Sale is globally recognized as the epicenter for yearling trade. Year after year, major buyers from around the world travel to Keeneland in September to find horses capable of making history. As such, it is the leading barometer of the health $200,000 of the Thoroughbred industry. The exceptional performance of the 2012 and 2013 September Sales signal resurgence in the Thoroughbred market, and an optimistic outlook for 2014. Buyers are responding with confidence to a fair, realistic market and smaller foal crops in recent years have created strong demand for quality yearlings. The September Sale offers buyers the cream of the North American yearling crop, fueling competition that elevates trade at every level. The buoyant forecast for this year’s September Sale is
based on a number of positive indicators realized during the previous two years. From high clearance rates, to large crowds and even larger gains, all signs point to a healthy and stable market, providing a foundation for vigorous $240,000 growth. In 2013, remarkable num$200,000 bers confirmed the September Sale’s dominance in the yearling market. For instance, it $210,000 produced 18 of the 20 yearlings sold for $1 million or more in North America last year. Furthermore, 15 individual buyers purchased those 18 seven-figure yearlings, and 69 individual buyers spent a total of $1 million or more. The cumulative average topped $100,000 for the first time since 2007, and only the fourth time in September Sale history. Further driving significant gains last year was a new sale format, which recalibrated the two-week auction to reflect
Positive indicators from 2012, 2013 sales: Double-digit gains in cumulative results. Robust commerce evidenced by clearance rates of 80 percent. An exceptionally deep and diverse buying bench, comprising major domestic and foreign buyers. Enormous crowds that energized the sale until the very last day.
three distinct markets – Week One, the Weekend, and Week Two. Consignors and buyers alike applauded the efficiencies created by the changes. Owing to its proven ability to generate momentum throughout the sale, Keeneland sales officials have announced that the format will remain in place for the upcoming 2014 September Yearling Sale.
“Keeneland September Powers On” — Thoroughbred Daily News, September 13, 2013
“The market is excellent. We’re having a great sale top to bottom really and there is just a lot of money around, a lot of new money signing expensive tickets that we haven’t seen in the last few years.”
PETER O’CALLAGHAN of Woods Edge Farm
SEPTEMBER YEARLING SALE CLOSING THURSDAY, MAY 1, 2014
Weekend Saturday through Sunday, September 13-14 Book Two will cover Saturday – Sunday, September 13-14. Sessions begin at 10 a.m.
Week Two Monday through Friday, September 15-19 Books Three through Six will encompass Monday – Friday, September 15-19. Sessions begin at 10 a.m.
18
MILLION-DOLLAR YEARLINGS SOLD AT KEESEPT 2013 Accounted for 90 percent of all $1M horses sold in North America last year TOP COLTS HIP: 712 SIRE: War Front PURCHASED BY: M.V. Magnier PRICE: $2,500,000 HIP: 523 SIRE: Medgalia d’Oro PURCHASED BY: Spendthrift & Stonestreet Stables LLC PRICE: $1,700,000 HIP: 515 SIRE: Tapit PURCHASED BY: Regis Farms and Stonestreet Stables LLC PRICE: $1,550,000
TOP FILLIES HIP: 541 SIRE: Indian Charlie PURCHASED BY: Whisper Hill Farm LLC PRICE: $2,200,000 HIP: 446 SIRE: Tiznow PURCHASED BY: Borges Torrealba Holdings/TCF, agent PRICE: $1,750,000 HIP: 855 SIRE: Tiznow PURCHASED BY: Solis Bloodstock PRICE: $1,700,000 Continued on page 2.