May 31, 2023
OBS March Sale Ends With Significant Gains

Ocala Breeders’ Gross sales Firm’s final session of the March 2 Coaching Sale concluded on March 22, boasting strong outcomes. Early Wednesday, by a mare munnings stepped into the gross sales ring and quick bidding started, stopping at $1 million with a last bid identified by Frank Fletcher Racing Operations consultant Donato Lanni.

From the profitable Good Strike mare Totally Appropriate , the bay mare, designated Hip 558 by agent Tom McCrocklin, flew 1 / 4 mile throughout the decrease counter present and stopped the clock at :20 4/5. Delivered to you by Springhouse Farm in Kentucky, this was his second time within the gross sales ring for the mare, which bought for $450,000 to Champion Equine’s consultant McCrocklin throughout the Fasig-Tipton Saratoga Sale.

“It is strong from begin to end; we had high quality horses daily,” mentioned Tod Wojciechowski, OBS gross sales supervisor. “We have bought 5 horses for over $1 million and the gross has gone up considerably. You’d anticipate that with extra horses, however there have been nonetheless numerous good horses. Shippers proceed to carry high quality horses on the market and they’re rewarded for it.”

Within the final session of the March Sale, 150 horses had been seen buying and selling 186 by way of the ring for $23,945,000 gross earnings; Thirty-six horses failed to satisfy their reserves, which might symbolize a 19.4% RNA ratio.

“The median (of gross sales) remained precisely the identical as final 12 months’s $75,000,” Wojciechowski mentioned of the three-day gross sales total. “We have seen a mid-market right here, and there at all times appears to be an escape to high quality, to the higher finish of the market. There was energy from begin to end.”


Picture: Images by Z

Ciaran Dunne on sale

Session 3 leaders embrace shipper Ciaran Dunne’s Wavertree Stables, who bought seven horses to gross $3,517,000. Japanese coach Hideyuki Mori made three purchases for $1,320,000 within the final day to develop into the session’s main purchaser in gross.

Final 12 months’s sale consisted of two periods and 200 fewer horses. Within the final session on Wednesday, 11 horses, every with a special purchaser, had been bought for $500,000 or extra.

Within the final three days of sale, OBS reported that 460 of the 585 horses had been bought for a gross of $71,110,500. The typical worth is $154,588 and the median is $75,000. The general repurchase charge of 21.4% represented 125 youngsters who had been unable to satisfy their reserves.

“The variety of exits has dropped a bit in proportion in comparison with final 12 months, it was 29% this 12 months, 31% final 12 months,” mentioned Wojciechowski. “The RNA charge has barely elevated in comparison with final 12 months, the RNA charges final 12 months had been fairly shocking, however we closed this 12 months at 21.4%, not an unhealthy quantity.”

In two periods final 12 months, OBS recorded that 374 of the 431 horses submitted for gross income of $49,271,000 modified fingers. It averaged $131,741 and the median was $75,000. Fifty-seven horses didn’t attain their reserves, which produced a 13.2% RNA ratio.

Selling in training Hip 546, Donato Lanni receiver, 2023 OBS 2 years old
Picture: Images by Z

Donato Lanni

Up to now three days, de Meric Gross sales has bought 39 heads for a gross income of $6,267,000 to develop into the main shipper by gross. Lanni purchased two horses and spent $3,000,000 to develop into the main purchaser of the gross sale.

Scenics, 2023 OBS 2 years old Sales in education
Picture: Images by Z

The horse is on show on the Meric Gross sales secure at OBS

“It has been powerful; I largely went over the gives,” mentioned Agent Lauren Carlisle. “I purchased one on Day 2 nevertheless it was powerful for the foals. It was a mare I purchased yesterday and that is the one cause I can get it. Individuals are specializing in males. If individuals do not suppose they’re on the peak (horses), apparently falling (in worth). Possibly mid market, extra Will return in April with mid receiver.”

The primary two days began slowly however we noticed fireworks with seven determine horses daily. 1st day generated 1.2 million {dollars} To defend The colt was bought to Maverick Racing and Siena Farm. Throughout Day 2, Lanni raised the supply to $2 million to undertake a son. good magic For Zedan Race Secure; Katsumi Yoshida spent $1.05 million for her personal brother to develop into the first 12 months valedictorian Cave Rock with boastful ; and Sean Flanagan paid $1 million for a colt. spinning sweet . A complete of 25 horses had been bought for $500,000 or extra.

“Individuals preserve getting collectively across the similar horses,” commented Off the Hook’s Joe Appelbaum. “Due to the costs on the high of the market, you discover that persons are much less keen to take dangers.”

This 12 months the OBS March Sale has gone from two periods to a few with the addition of 200 horses, leaving hypothesis as to the place these extra horses are coming from. Fasig-Tipton cancels Gulfstream Sale; Gulfstream Park In March, due to this fact, some horses had been blended into one of many OBS gross sales in March, April or June, or one of many Fasig-Tipton gross sales in Could and June.

“I feel there are various factors,” Wojciechowski mentioned. Mentioned. “Sure, we might have purchased some horses to go to Miami prior to now years. The success of the runners from this sale, the worldwide win, is what drives the worldwide market. You see these guys racing on the high ranges daily. I feel many of the progress is natural for the March sale as a result of the horses bought listed here are racing. He goes on the monitor and wins. In any case, if these horses do not win, individuals will not be considering procuring. Right here.”

Tod Wojciechowski, Sales in 2023 OBS 2-year-old training
Picture: Images by Z

Tod Wojciechowski on sale

“Extra importantly, reorganize the 2-year gross sales schedule,” Appelbaum mentioned. “This was the third sale within the collection. Now, we could have bought most of those first and 2-year-olds in Could and June. What does that say? What are the implications for the remainder of the racing program and the pinhooking program? This can be a larger deal to get the horses into June. transport. As an alternative of shifting them to March, there’ll now be a further 30%. There are such a lot of questions however not so many solutions.”

“I can solely converse for myself as a result of we have all had completely different experiences right here,” mentioned sender Cary Frommer. “My expertise has proven that the market is all or nothing; there is not a lot within the center market. The primary day was laborious to get by way of. It bought higher daily, nevertheless it appears it was all or nothing.”

Frommer added: “There have been a number of adjustments on this sale. I do not know the way a lot of the adjustments within the gross sales plan, perhaps the economic system or banking points, nevertheless it was tougher than ever.”

The subsequent sale for the Central Florida gross sales home would be the 2-Yr-Previous Spring Sale in Training held April 25-28, with a sub preview April 16-22.

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