FLORIDA 2YO TRAINING SALES: F-T February & OBS March

[Cannon Shell]

Originally Posted by Rupert Pupkin

That is how they (Adena Springs) have always done it, dating back to when I first started going to 2 year old sales back in 2005. They never work their horses. They just gallop them. Adena Springs usually has a totally separate sale for their horses. It was unusual for these horses to be in this sale. They didn't belong in this sale. The Fasig Tipton Florida Sale is a boutique sale for select horses. I think this was kind of a one time experiment. I will be extremely surprised if Fasig Tipton allows the Adena Springs horses in the sale next year. For those horses to be in that sale was a travesty. It would be like allowing a couple of dozens golfers who can't break 100 to play in the US Open.

I doubt a single one of those Adena Springs horses could have gotten into that sale if they weren't owned by Stronach. My guess is that he made some type of deal with Fasig Tipton to allow those horses into the sale in exchange for him allowing the sale to be at Gulfstream. That is not to say that it isn't possible for one or two of those horses to turn out to be good horses. Mine That Bird was a $12,000 yearling and he won the Derby. So it would not be impossible for a couple of those horses to end up being good horses.

Boutique sales are dead. FT is trying to compete with OBS by having horses for the "middle" market too and Frank is willing to supply them. The only Boutique sale left is Saratoga

[Rupert Pupkin]

Originally Posted by Cannon Shell

Boutique sales are dead. FT is trying to compete with OBS by having horses for the "middle" market too and Frank is willing to supply them. The only Boutique sale left is Saratoga

Fasig Tipton has horses for the middle market at Timonium in May. That Florida sale is very hard to get into. They don't typically take horses that are going to to sell for $30,000. The average horse at that sale sold for $280,000 in 2014 and the median price was $180,000. In 2013 it was $385,000 and $300,000. We will see if they allow Frank's horses back next year. I doubt it. It cheapens the sale.