Rolling In the Bluegrass – Part 2: The Sale

The Keeneland Two-Year-Olds in Training Sale gives race fans a chance to see the horses that will be making headlines in the coming year, and the well-off a chance to buy them. Hip #61 - a colt by Bluegrass Cat was a horse of interest due to his Michigan ties.

Outside of the racing and all the festivities that come with it, one of the draws of opening weekend at Keeneland Race Course is the Two-Year-Olds in Training Sale.

Prior to this, my experience with horse auctions was limited to Michigan’s yearling sale and the occasional Amish-run Draft Horse sale in Indiana. Attending a sale of this magnitude felt on the same level as visiting a new racetrack, even though I had been to Keeneland many times before.

The sale unofficially began a few days before the auction itself when the juveniles posted public workouts on preview day. Potential buyers and members of the general public gathered on the apron and in the grandstands to watch each entry breeze between one and three furlongs on Keeneland’s Polytrack.

After some wandering around to find a catalog and try to get a feel of what was about to happen, I settled into one of the box seats in the grandstand. I think it was Cot Campbell’s. Unless I come into a considerable sum of money and/or influence somewhere down the road, a day like that was probably going to be my only opportunity to watch a horse do anything meaningful on the track from such a location. The view was nice, but for the money said rich, influential people likely pay for the right to sit there, the seats were rather uncomfortable and wobbly.

Preview Day was a fairly straightforward affair. The announcer introduces the “on deck” horse making his way through the turn and how far he intends to breeze, the horse approaches the pole, he guns it, the announcer goes over his information, the clock stops, the horse gallops out and the process starts over again.

Having just picked up a physical copy of the sale catalog that morning, there was not much time to identify and analyze the horses whizzing past before the next one started to wind up for his workout. Instead, I used the opportunity to work on my camera timing for the weekend’s races.

Shortly after the first intermission, I was beckoned to Zaxby’s by Ed and Tim from Thoroughbred Times. The call came just moments after finishing a large hot dog with sales editor Pete Denk, but I went anyway. I was on vacation.

I returned to the track about an hour later and the juveniles were still breezing. As I fiddled through the program, I realized I may have missed the one horse I set out to see that weekend, Hip #61 – an unnamed colt by Bluegrass Cat out of Maid’s Broom. Regular readers may recall I highlighted this colt for his connections to some of the better Michigan-breds in recent memory, including all-time leading MI-bred earner Tenpins. The horses breezed in random order, so I was unsure if he was in queue or back in the barn.

My concerns were settled when the announcer informed the crowd that Hip #61 was making his way around the turn to breeze. He was gone just as fast as he came, but I got a decent shot and his time was respectable. Preview day soon came to a close and I returned to my hotel with a mild sunburn and a head start on what to look for in the auction.

The day of the sale began for me around 9 a.m. Monday morning, waiting in the Keeneland barn area for sale guru Emily, whom I had met a couple days before at the races. Emily studied the Thoroughbred sale market for her PhD research, so she knew where to go, who to talk to and what to look for in any aspect of the sale in which I was curious.

Throughout the morning, I received a crash course in big sale etiquette and what makes a well-put-together two-year-old. The barns that housed the sale horses were fairly quiet, but many were still busy with horses being led back and forth for inspection by potential buyers and glorified tourists like myself.

We eventually made our way to the Kirkwood Stables barn, which housed the Bluegrass Cat colt that caught my eye in the sale catalog. He was a strong-looking colt with solid hindquarters and a nice walk. Judging by his looks and pedigree, I would expect him to succeed as a hard-knocking allowance horse on the Kentucky circuit. The few moments I saw of the colt up close were enough to make me wish I had some of that previously mentioned money and/or influence to promote my bid on the horse from “pipe dream” level to a reality (pending the proper check of his X-rays and such, of course. I liked the horse, but I’m not that irresponsible with my imaginary money).

After looking over a few more horses, Emily took me down to the sale pavilion for a quick tour. Throughout the sales ring and walking areas, she pointed out all of the dents and divots in the walls, some of which were surprisingly high and must have required some effort to accomplish. The tour was also useful for two reasons: 1) It showed me the best places to get run over by a freaked out two-year-old if I should choose to do so, and 2) It helped ease my doubts about where I should and shouldn’t be. Had Emily not shown me around and answered all of my silly little questions, I would have wandered behind the sales ring, seen the likes of Steve Asmussen, Bob Baffert, Todd Pletcher and Wayne Catalano, and immediately assumed I did not belong there. Instead I found myself writing down the outs next to Asmussen prior to the sale and scoping out horses on the same rail as the others. A tip of the hat goes to Emily for being an outstanding teacher/tour guide/giver of confidence.

Shortly after Emily and I parted ways, I headed back up to the barn area to look at a few more horses I had singled out in the sale catalog. One of the things that surprised me about the sale was the amount of access the general public was given to the potentially valuable horses. For the most part, all I had to do was fill out a card at the horse’s barn and hand it to the person in charge to see whomever I wanted. I often felt guilty for doing it, as I had no intention to buy whatsoever, but I chalked it up to gaining valuable learning experience. I was learning how to be a buyer so I might someday make the consignors lots of money. The consignors were friendly and very generous with their time.

I returned to the sale pavilion later that afternoon for the main event – the auction itself.

To describe the atmosphere of the pavilion in one word, it would be “buzz”; from the buzz of the chatter in every corner of the building, to the buzz of the rain on the roof as a storm grew near to the buzz many were trying to obtain in the pavilion bar.

I made my way behind the sales ring to catch a glimpse of some of the horses on my watch list. The pavilion area is divided into several walking rings as each horse gets closer to his or her moment in the spotlight, with each ring smaller than the last. I positioned myself on the ledge of the furthermost ring, where the horses enter from the barns. This was the best opportunity to see each horse before they split into odds and evens on different sides of the pavilion.

After some horse watching, I returned to the sales ring to see how the show looked from the front of the stage. Every seat in the sales ring was marked with a piece of paper reserving it for a farm, buyer or other person of interest. However, entire sections sat empty and no one was checking reservations, so I grabbed a seat in the back row and tried not to draw attention to myself.

At times, this can be difficult. At auctions where I have no intention of bidding, I live in constant fear that an itch on the top of my head will lead to the purchase of a six-digit horse. My scalp knows this and will become tingly at the most inopportune times to test my will. Fortunately, I managed to keep it under control for this sale and did not have to inquire about hiring a van to haul home any new purchases.

I eventually decided to head back out to the pavilion, but before that, I ran into Pete, who invited me to the press box to watch the remainder of the sale. For the most part, I had paid little attention to who was placing the winning bids, so being in the press box provided yet another layer of intrigue to the sale (FYI, French mystery group Prime Equestrian was by far the leading buyer).

Soon, the sale drew to an end. I circled the grounds one more time to grab any free trade publications sitting in the racks (because I am a cheapskate), took one last look over the pavilion, now empty and almost dead silent except for the bar, and headed back to my car. I aimed to be at Beulah Park the following afternoon to try my hand at the Fortune 6 wager, so I had to get things in order to move out. But that’s another story for another day…

Behind the jump are some photos from the various stages of the sale. Enjoy!

Hip #61 - Colt by Bluegrass Cat
The star of our show, Hip #61 – A colt by Bluegrass Cat. I followed him throughout the sale process and grabbed photographs every time we crossed paths. The colt worked a quarter mile in 22 and 2/5 seconds.

Hip #52 - Colt by Rockport Harbor
Hip #52 – a colt by Rockport Harbor was among the flashiest looking juveniles offered in the sale. The colt worked a quarter mile in 21 and 4/5 seconds. He sold for $310,000.

Hip 141 - Filly by More Than Ready

Hip #141 – a filly by More Than Ready breezed an eighth of a mile in 10 and 2/5 seconds. She later sold for $40,000. This photo is interesting because the horse on the track shares a similar pose to the horse in Keeneland’s logo.

Hip #61 - Colt by Bluegrass Cat

Our friend, Hip #61 in the barn the morning of the sale. The colt was consigned by South Carolina-based Kirkwood Stables. “He’s all man,” said Kirkwood’s Paul Randall. “He’s a big, strong colt.”

Hip #61 - Colt by Bluegrass Cat

A head shot of Hip #61.

Hip #35 - Colt by Street Cry (IRE)

This colt, Hip #35 – by Street Cry (IRE) is notable not only because he was on my “watch list” for this sale, but also because I observed him at the same time as Hall of Fame trainer Bob Baffert. I am a firm believer in the “act like you’ve been there before” philosophy, so I left him to do his job, but as an admirer of his work, it was exciting, nonetheless. The colt sold for $190,000, but unless he was looking at him for someone else, Baffert was not the winning bidder.

Hip #61 - Colt by Bluegrass Cat

Hip #61 is applied some finishing touches before heading into the sales ring.

Keeneland Sales Pavilion
A view of the Keeneland sales ring from the press box. The sale was drawing to a close, so the seats are not as full as they were earlier in the day. Featured in the ring is Hip # 161 – a filly by First Samurai. She dropped the hammer at $280,000.

Hip #61 - Colt by Bluegrass Cat

The big moment for Hip #61. Unfortunately, the winning bid of $22,000 did not meet his reserve, which resulted in a buyback. Regardless, it will be interesting to see where he ends up later this year. He’s in my Virtual Stable.

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4 Comments

Filed under Pictures, Racetrack Visits, Story Time

4 responses to “Rolling In the Bluegrass – Part 2: The Sale

  1. ragman

    Joe
    Try this. Negotiate a pact with an ADW outfit for maybe a 2% rebate to the state. $ 70mil x 2%= $ 1.4 mil. The $70 mil figure is supplied by you know who. Let the state have that for education plus all the simulcast tax money($ 6.4 mil last year) for a total of $7.8 mil. That’s example 1.

    Example 2 we’ll give this ($ 7.8mil) to the tracks for purse money etc. How much will this generate in taxes to the state for education or any other purpose? Granholm’s budget is solved?

    Indiana is suggested as a state who understands. Fri the last 3 QH races at Indy Downs generated 81k in wagers while paying out $ 58k in purse money. Looks like the horsemen did pretty good.

    As bad as prospects are for Mi racing I do not see many(any?) Mi horses showing up in entries at Beulah or RD. With small fields they would be welcome.

  2. Andrea Ritter

    I’m really glad you document the experience. Training sales are hands down of my favorite things about the industry!

  3. mibredclaimer

    Ragman,
    I’m assuming you are addressing my tweet to Gov. Granholm (which she totally didn’t reply to). I was thinking more along the lines of racino/instant racing legislation as a direct money generator for education. I know how you feel about Racinos, but it would hard to see any proposal get passed without a good chunk of the money going to education. The tracks would get what they want, and Granholm could get some heat off her back by not having to cut money elsewhere to keep her promise to veto any budget that cuts education. Then again, our governor is going to be out the door in a few months, so her reputation to her constituents is probably the least of her worries.

    You are right about the lack of Michigan entries at River and Beulah, but I’ve heard tell of several Michigan trainers stabling at Thistledown this year, so perhaps they’re just congregating at another Ohio track.

    Andrea,
    Thanks! The sale was a lot of fun. It will be interesting to see how these horses do this summer and fall.

  4. Jenna

    Im glad i was able to find this posting colt number 35 is now my young eventing prospect! lovely to see pictures of his racing days!

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