Saturday, August 14, 2010

New York Breds' Sale Back on Track

A sale of Preferred Thoroughbred yearlings born in New York, NY breds, was held August 7 and 8, a few days after the Select Sale, at the Fasig-Tipton grounds in Saratoga Springs, NY.

The NY Preferred Sale is to the Select Sale what Bloomingdales is to Bergdorfs. Both sales have quality offerings, but the price points at the Preferred Sale are more accessible to a wider spectrum of buyers.

Characteristically, the entrants to the Fasig-Tipton Preferred Sale are strong physical specimens, however, they have less stratospheric pedigrees than their Select brethren. They may be a few removes away from the elite stallions, mares and families that frequent the Select Sale catalog.

Make no mistake, NY breds can and do run and win in the company of those Olympian pedigrees. Funny Cide, Say Florida Sandy, Gander, Fleet Indian are the earners of in excess of $1 million in the most competitive open company, and, they are all NYbreds.

That said, sales ranged from $5,000 to $140,000. On the sale's second night, bloodstock agent J. J. Crupi bought a Tale of the Cat colt for NY based Repole Stables, LLC for $140,000. Repole Stables is owned by Queens native and Glaceau-Vitaminwater-Smartwater magnate Mike Repole.

There were 142 yearlings offered at this year's sale, 56 fewer compared to the 2009 sale. This year's average price for a NY Preferred yearling was $39,106, with 48 youngsters not sold.

Despite a slight dip in the average sale, consensus is that this was a far stronger sale than 2009. In 2010 breeders and owners sold a higher percentage, 66%, of yearlings offered, compared to only 54% of the 2009 yearlings being sold.

One positive and relieved note for the prospects of NY breds offered in the upcoming fall sales, Genting New York has been named operator of the Aqueduct VLT racino. With added moneys to be distributed to NY bred owners and breeders, the distinction of being a NY bred should translate to higher values in the sales sector.

Tuesday, August 10, 2010

Racing Haut Monde Drops $32 Million On Elite Yearlings

The upper echelons of international Thoroughbred horse racing convened this week at the annual summer rite of the Saratoga Select Sale held by Fasig-Tipton Co. at its handsomely renovated Pavilion and grounds in Saratoga Springs, NY.

One hundred and sixty-four Thoroughbred yearlings were offered over two nights to the trainers and owners whose names are often coupled with Kentucky Derby, Breeders' Cup and Belmont Stakes. Bob Baffert. Steve Assmussen. Bill Mott. Todd Pletcher.

An A.P. Indy colt out of the champion sprint mare Maryfield, purchased by Todd Pletcher as agent for Besilu Stables (FL), was the sales topper at $1.2 million. On the other end, the Elkstone Group, LLC (PA) picked up a Discreet Cat filly with a very nice pedigree page for $40,000. I'm putting both in my Equibase Virtual Stable and we'll have a reckoning in a couple of years.

For a celebrity fix, chef, restaurateur and food entrepreneur Bobby Flay stepped up to the plate and purchased a pair of fillies, by A.P. Indy and Awesome Again, for $815,000.

Perhaps the entry creating the most buzz at the sale was the half brother to winner of the Preakness Stakes and Haskell Invitational, 3 year old phenom Lookin At Lucky. The colt by Afleet Alex, out of Private Feeling, dam of Lucky, was purchased by Sheik Mohammed's bloodstock manager, John Ferguson, for $750,000. Overall, Ferguson paid out in excess of $5.9 million to capture fourteen prospects for the Sheik's stable.

Of the 164 yearlings offered, 118 met or exceeded their reserve prices and were sold for a gross of $32,515,000 for the sale. The average price was $275,551, which was down almost $53,000 from the 2009 average. A full accounting of the sale including results, pedigrees and buyers is at www.fasigtipton.com.

Thursday, August 5, 2010

You Can Bet On Little Larky

This year, if you are an older filly or mare at the track, and you are not named Zenyatta or Rachel Alexandra, good luck getting noticed. One such filly ran her first race in the early summer. What could be so special about the pretty but plain brown four year old placing second in her initial outing in a Belmont maiden claiming? If your name is Little Larky, plenty.

Here's why.

A few years ago, Marc's Lark, a broodmare at Buttonwood Farm in Rhinebeck, NY, delivered a filly early in the evening. When I checked in at 10 pm for nightwatch, the foal was normal and her dam was comfortable. Marc's Lark and her foal were checked every twenty minutes because even with remote cameras available, there is nothing that replaces eyes-on observation of a newborn.

All was quiet at 2AM. The filly was down resting when she drew her head back abruptly, stiffened her body and began convulsing. Calling Jenny, the farm manager, while retrieving the oxygen tank, my goals were to get the foal safe, get oxygen to her brain, and get the vet to the farm ASAP.

After the first seizure, the foal was in a twilight state, inert but with strong, elevated vital signs - pulse, temperature, respiration. Once she regained consciousness, the filly was able to stand with assistance, walk only to the right and with difficulty, and she had diminished suckle reflex to nurse. We stayed by her, either walking with her or cradling her, to keep her safe from injury -self inflicted or from her agitated mother-- until help arrived.

Heather O'Leary, the vet from Rhinebeck Equine, was kept informed of the foal's condition as she drove to the farm. Upon arrival, her assessment of the foal was that it was starting a disorder called neonatal maladjustment syndrome; plainly stated, this was a dummy foal. The most likely cause was at some point during foaling, blood flow from the placenta to the foal was compromised causing a lack of oxygen to the brain.

At first a dummy foal seems normal. However, over a course of hours, there is a cascading chain of events occurring within the foal's physiology due to the hypoxia. Symptoms of this process may include a decrease in suckle response, aimless wandering, excitability, a guttural sound similar to a dog bark, and/or seizures. It looked like this filly had hit the jackpot.

Marc's Lark was given a tranquilizer to ease her distress and enable us to safely work with her baby. The filly was lightly sedated to permit the administration of her immediate lifesaving cocktails: diazepam for the seizures, mannitol and dimethyl-sulfoxide for brain swelling, vitamin C as an antioxidant, Naxcel antibiotic for secondary infection, and lactated ringer's/dextrose solution for hydration. An indwelling intravenous catheter was inserted into her left jugular vein, kept in place with sutures and surgical tape, to facilitate the intense therapeutic regimen that would support the filly for the next few weeks.

After the vet left, we administered the IV meds as scheduled and kept the filly quiet. By morning, she had lost all instinct to nurse and a nasogastric (NG) tube was placed so she could be given milk without risk of aspiration pneumonia. Marc's Lark was milked hourly and the baby fed through the NG tube, and medicated through the catheter. This worked for about a day. The mother was highly stressed by the situation and began rejecting her foal and shutting down her milk production.

The decision to remove the mare from the foal was difficult, but necessary to keep the foal, now called Little Larky, from harm. In addition to the medications, the filly would be fed mares' milk replacer at a rate of about 15-20% of her body weight daily. The replacer was supplemented by raw goat's milk, for gut enzymes and bacteria, at the suggestion of Paul Mountan, senior partner at Rhinebeck Equine.

By now, Jenny, and the staff of the broodmare barn, Jill, Jo and I, were hunkering down for a long, intense recovery for the filly. Larky had four mommies. The veterinarians at Rhinebeck, primarily Jeff Williams and Jim Mort, were steadfast in their commitment to this foal. It was a focused and resolute group.

From outside Team Larky, questions were asked, statements were made: What if she doesn't get better? You're getting too attached. She'll never be normal. She'll never run. Is this the best use of farm resources? We had the backing of the farm owner, Mr. Fried, so all else was moot.

Over the next few weeks, Little Larky's brain developed new pathways and her motor skills increased. She went from no suck reflex, to a tiny one at the right side of her mouth, to gobbling-slobbering her bottle, to normal suckle and bottle drinking. To transition her to drinking from a bucket, we held a rubber teat in the milk in the bucket and she would suck up milk like through a straw. Jill made the huge breakthrough of getting her to drink straight from a bucket.

There were setbacks. Larky would have random seizures, necessitating sedation. She lacked the ability to regulate her body temperature. She developed aspiration pneumonia from her initial clumsy attempts to drink from a bottle. Each challenge was treated and surmounted.

Eventually Larky needed to go outside. Her companion was a 30 year old former jumper, Barney, who was Mary Poppins to all the farm's "problem" youngsters. Once Larky and Barney were a pair, Stolen Beauty and her foal, were introduced; they made an unlikely foursome. When it came time for Larky to go out with the other mares and foals, Stolen Beauty was her surrogate mother. Barney couldn't go in with the herd because the bossy, protective mares would have chased him off.

Larky thrived out with her playmates. At about eight weeks old, the only difference was that she was given a bucket of milk several times during her turnout time. If you were late with the bucket, she would be at the fence looking for you and bellowing her displeasure.

Little Larky's weanling, yearling and two year old years were unremarkable. She took well to training. One challenge at the training center was to keep her weight down. A robust eater, Larky had turned into a butterball. A couple of minor leg issues kept her from getting to the races until this year.

When Larky posted a bullet work at Belmont this spring, all the questions and qualms from her early years were unequivocally answered. When Larky ran gamely her first time out, she showed the same toughness and determination she exhibited as a little mite. When you see Little Larky entered in her next race, remember one thing, don't doubt Little Larky.