A couple folks have asked about the upcoming August 2017 Minnesota yearling sale, and if we have any horses for sale. This year we only have one yearling and we have decided to put him in the upcoming MTA yearling sale. His sire is Stormy Business and his dam is Demiparfait. He is bred exactly along the same lines as $121,925 stakes winner BJ's Angel.
I think you will find this yearling to be very well conformed and have a "very rare and positive pedigree combination" on the dam's side of the pedigree, as illustrated. Less than 2% of all foals have a stake winning and producing dam, plus a stakes winning and producing grand dam. (Look hard to see if you can find another one.)
If you have any questions, would like to inspect him, or even have him privately vetted prior to the auction, please let us know. We have nothing to hide about the potential of this yearling, and have bred and sold other stakes winners and black type stakes placed horses, like Northern Lights Stakes record setting Sugar Business, in the past.
The sale takes place at Canterbury Park on August 21st. The full sale catalog is available at:
Congratulations to Lorie and Bob Michaels for their big win with Sweet Tapper yesterday in the $100,000 Lady Canterbury Stakes race.
We've known Lorie and Bob for well over a decade. They bred our first big stakes winner, and we were lucky enough to purchase The KB KId from them all the way back in 2005.
They are two of the nicest people we have met in racing, and they have outstanding farms and facilities in Kentucky. They even entertained us at their beautiful home after we tore up part of their front yard when we got a little stuck in the wet spring ground. (Actually Rick O. was driving the trailer at that time. Haha.)
There are no two more consistent and truly committed racing and breeding horse people in all of Minnesota. We loved seeing Lorie and Bob earn this well deserved big stakes win.
If you would like to know more about Winchester Place Thoroughbreds, here is the link to their website:
sThis weekend someone again told me Minnesota breeding is "fine, just fine", and does not affect the racing product. I just said "wrong again", and had to walk away.
Here's the simplest graph I can design to illustrate what the racing product is, and what it should be if we had a proper supply of state breds. At a minimum, we should have 10 to 15 more state bred Thoroughbreds starting every racing day, based on 2016 data and states/provinces with between 50 and 200 racing days.
Simply put, the Minnesota breeding system creates a short supply of state bred horses that can actually race at our Minnesota track. If there was a "competitive" supply of state breds, those 8 race card days might be 9 or 10 as they should be, and we would not be losing the related parimutuel revenue from running short.
Facts are funny things aren't they? AND the economics of the breeding system in Minnesota deserve much deeper intellectual attention.
A couple folks have asked this question because they know that I have downloaded data and created economic listings in the past.
I happy to see friends Bob and Lorie Michaels, and their Winchester Place Thoroughbreds LLC, off to a hot start. They lead the early standings this year with earnings per start of $8,466.
As you know if you visited this site before, earnings per start is the best proxy for understanding stable profitability. I estimate Minnesota owner stables have to generate at least $3,000 per start to approach break even positions on their overall run rate costs, unless the owner is also the trainer and they do not realize labor costs in the same way the most owners do.
As you can see some stables are not off to a great start but remember, many of the higher purse stakes races, and over 3 months, remain in our racing season.
As always, feel free to come here for Minnesota racing and breeding data meaning. You can find opinions and contrived stories everywhere else.
Dave Astar is a race horse owner, stallion owner, breeder, 40 year business executive, and 50 year handicapper.