Big stories brewing as the start of Book 1 of the October Yearling Sale beckons
James Thomas hears a mixture of hopes and nerves ahead of the flagship auction
Masks are on, temperatures have been checked and hands sanitised ahead of the annual talent search at Book 1 of the Tattersalls October Yearling Sale.
Few would have foreseen the accoutrements prospective purchasers would require to keep the yearling sales show on the road, but no crystal ball was needed to predict that the standard at this year's Book 1 would be extremely high.
A solitary wildcard entry takes the catalogue to 548 lots before withdrawals. Almost one in ten of those lots is a sibling to a Group 1 winner. There are 16 yearlings by the perennial champion sire Galileo, 19 by his great rival Dubawi, the same number by Kingman, 31 by Frankel and 30 more by Sea The Stars.
Siyouni, sire of Sunday's Prix de l'Arc de Triomphe hero Sottsass, has 20 lots due to come under the hammer.
Such strength in depth duly saw a strong cast of potential buyers braving the element at Park Paddocks on Monday. Some 12 months ago Godolphin secured 19 lots for a total outlay of 17,575,000gns, including the sales-topping half-brother to Barney Roy at 3,600,000gns.
Although the operation has played a smaller part in this sales season, there was a palpable bristle of excitement as the news spread that Sheikh Mohammed himself had paid a fleeting visit to Tattersalls to cast his eye over a few choice lots in the Solario Yard.
Book 1 has also been a happy hunting ground for the Coolmore partners, with the likes of Australia, Camelot and full-brothers Japan and Mogul having been sourced from Newmarket's flagship yearling sale.
Key members of the Irish outfit - including Aidan O'Brien and MV Magnier, who signed for 6,985,000gns worth of yearlings last year - were busy scrutinising the lots on offer on Monday.
Key figures
US-based buyers have also played a leading role in recent editions of Book 1, and the likes of Mike Ryan, who last year signed for 24 lots for a variety of clients at a total outlay of 6,205,000gns, Justin Casse and Ben McElroy were on the ground.
"Last year was huge as we found Campanelle here," said McElroy, who paid 190,000gns for the unbeaten Prix Morny and Queen Mary Stakes winner. "She was bought for Barbara Banke of Stonestreet Stables, she loves coming to Royal Ascot every year and she wanted to buy two or three fillies who could run there.
"Campanelle looked like she'd fit the bill and she did. After that success, the plan is to come back again to try to find similar types."
"The world is getting smaller and turf racing is becoming more prevalent in the US. There are good purses on offer so it makes sense to come here and look for those types, as even if they don't make Royal Ascot there's plenty of other racing for them in America."
Pragmatism abounds
The effects of the Covid-19 pandemic and associated financial downturn, Brexit and the ongoing paucity of prize-money have, among other things, brought about a marked drop in bloodstock valuations this year.
Vendors seemed only too aware of the prevailing market conditions during inspections on Monday, but with so many well-credentialed lots due to come under the hammer sellers were maintaining a pragmatic outlook.
Newsells Park Stud has been leading consignor by aggregate sales at the last two renewals of Book 1, and when asked for his expectations for the upcoming sessions of selling, general manager Julian Dollar said: "There's a degree of anxiety about how the sales will unfold given the current situation, but in fairness there are plenty of people here and we've been busy showing, which is encouraging.
"It's disappointing we find ourselves in a situation where the likelihood is prices will be down. But at the end of the day, making good money is part of it, but winning good races is much more important and I hope there are a good few Group winners among our draft."
Dollar also noted that a drop in prices should be a positive for buyers, saying: "We found there were good opportunities during the last recession to buy into nice pedigrees, so if this presents value to buyers and people get in because of that, then that's a good thing in the long term."
"Last year was a phenomenal year and although we'll continue trying to repeat it, I think market forces might conspire against us. It's a time of nervous anticipation at the moment."
Hazelwood presents a four-strong draft, with a pair of well-related Frankels, a filly out of Astrelle and a colt out of Dolled Up, joined by an "outstanding" Lope De Vega half-brother to Mayhem, Memphis Tennessee and Royal Bench. "He moves beautifully and he's a gorgeous horse; he's just an absolute dude," enthused O'Brien.
"We finish off with a Dark Angel filly out of a full-sister to Hermosa and Hydrangea. Fillies from this family don't come to sale very often so it's almost a unique opportunity for breeders to get into this family."
Although the health of the market remains to be seen, there is no doubt that Book 1 is a unique opportunity indeed.
Four major updates in the Book 1 catalogue
Lot 55: this Highland Reel colt from Highclere Stud is a half-brother to none other than Palace Pier, who is listed as having landed the St James's Palace Stakes but also beat his elders, including Circus Maximus and Persian King, when claiming his second Group 1 in the Prix Jacques le Marois.
Lot 436: Newsells Park Stud's Shastye already boasts one of the deepest pages in the catalogue, having bred five black-type winners, including dual Group 1 scorer Japan, Secret Gesture and Sir Isaac Newton. The pedigree belonging to her latest public offering, a filly by Galileo, has been enhanced further still, with her full-brother Mogul having landed the Group 1 Grand Prix de Paris on his most recent start.
Lot 500: Owenstown Stud offer this colt from the debut crop of Cotai Glory. His half-brother Supremacy is catalogued as having landed the Group 2 Richmond Stakes but has since proved himself the highest-rated juvenile of the season so far with a game success in the Group 1 Middle Park Stakes.
Lot 510: this Galileo filly from Old Mill Stud is a half-sister to Dream Of Dreams, who has added two victories to his CV since the catalogue was released, namely a seven-length demolition job in the Hungerford Stakes and a first Group 1 in the Haydock Sprint Cup last time out.
Tattersalls October Yearling Sale Book 1 factfile
Where Tattersalls, Newmarket
When Three-day sale begins on Tuesday, with sessions starting at 11am
Last year's stats From 483 offered lots, 397 sold (82 per cent) for turnover of 102,429,000gns (down four per cent year-on-year), an average of 258,010gns (down five per cent) and a median of 150,000gns (down ten per cent)
Notable graduatesCampanelle (consigned by Tally-Ho Stud, bought by Ben McElroy for 190,000gns); Mogul (Newsells Park Stud, MV Magnier for 3,400,000gns); Palace Pier (Highclere Stud, John Gosden Racing for 600,000gns); Russian Camelot (Camas Park Stud, Jeremy Brummitt for 120,000gns)
More Book 1 news:
Palace Pier half-brother leads Highclere Stud's star-studded team at Tattersalls
Seven exciting yearlings to note on the opening day of Tattersalls Book 1
Published on 5 October 2020inNews
Last updated 21:31, 5 October 2020
- ‘I think you’re going to see some very good horses make a lot of money’ – buyers prepare to tackle Arqana Breeze-Up market
- Far Above off the mark as Rock N Roll Rocket hits the target at Cork
- ‘It’s make or break’ – pinhookers look to buck the market trend as breeze-up season rolls into Deauville
- Half-brother to Brighterdaysahead, Mighty Potter and Caldwell Potter leads Tattersalls Ireland Derby Sale catalogue
- Half-siblings to Ballyburn and Slade Steel among Goffs Arkle Sale entries
- ‘I think you’re going to see some very good horses make a lot of money’ – buyers prepare to tackle Arqana Breeze-Up market
- Far Above off the mark as Rock N Roll Rocket hits the target at Cork
- ‘It’s make or break’ – pinhookers look to buck the market trend as breeze-up season rolls into Deauville
- Half-brother to Brighterdaysahead, Mighty Potter and Caldwell Potter leads Tattersalls Ireland Derby Sale catalogue
- Half-siblings to Ballyburn and Slade Steel among Goffs Arkle Sale entries