Gulfstream Results

When is a horse sale not really a horse sale?

When not that many horses get sold.

The most honest description of the Gulfstream sale that I read was “thin”. Only 67 of the 186 horses brought to the sale actually sold. The median price actually fell 20% from 2019 to “only” $300,000. There were a couple of big prices, but what I will remember is the 10 horses that were RNAed for over $300,000 and 80 were withdrawn. Only 36% of the horses got sold. Where will these unsold horses go? After the great results from the Ocala March sale, the results of Gulfstream must be called disappointing.

There were 3 horses than sold for over $1 million, a $2.7 million Nyquist, a $1.7 million Gun Runner, and a $1.3 million Uncle Mo. However, the top Arrogate sold for “only” $550,000 and the top Classic Empire for only $410,000. I guess all the “good” horses from these sires got sold as yearlings, and nobody was willing to pinhook them last year. Maybe this sale is not as “select” as I thought it was.

When I look through the to 20 horses sold, none of them jump off the page as a “wow” horse. I guess I have already become a “yearling snob”.

Do you know who agrees with me? The other partnerships. West Point bought parts of 3 expensive horses, but none of the other partnerships bought a single horse. WP bought part of a $900,000 Nyquist (from an unplaced and non-producing mare), part of a $390,000 Liam’s Map (from weak mare, and a first foal), and part of $475,000 Outwork (the mare was very sprinty, and a non-producer).

I guess the motto of this sale was:

If you want even a ounce of pedigree, don’t go the “select” 2 year old in training sale.

MY RESULTS

I guess if I were forced to pick my favorite buy it would be:

#184 – c – Malibu Moon – Noble Ready by More Than Ready – 4/12 foal, 10.1 work, $270,000

Live Oak Plantation was the buyer. The mare was 2nd in a turf stake going 1 /16 miles on the turf as a 2 year old. The dam is a full sister to G2 route winner. The 2nd dam was a nice Kris S., with some interesting stamina oriented Euro-pedigree.

Let’s add this guy to the 4 that I “bought” at Ocala March.

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The biggest disappointment was that #59 Cairo Prince I was interested in (and had been withdrawn form the Ocala sale), was RNAed for $290,000. I want to keep track of sellers that are “difficult to buy from”. In this case the consigner was Top Line Sales.

The Dialed In I liked was also a $345,000 RNA by Wavertree Sales, and the Mastery I liked was also a $245,000 RNA by Wavertree. My top pick was the Union Rags colt that was a $195,000 RNA for Randy Bradshaw. The two Gormley’s I liked were withdrawn.

The Practical Joke from a LDK mare I like worked a quick 10.1, but sold for only $300,000. Maybe I should call this a “value”, but actually I would call it a TGTBT (To Good To Be True). I also really do not like to photo of this horse, so I will pass.