The season total of races run was 374 which consisted of 36 stakes races and 338 overnight races. Total payout was $7,654,679.00, the overnight race totaled $5,484,649.00 and stake race payouts were $2,170,000.00.
Breakdown of the overnight purses was $4,953,500.00to purses, plus $501,244.00 to BC Breds and an additional $29,935.00 to 8-12 finishers.
Stake Races totals where an combinations of $712,250.00 from nomination fees, $180,000.00 from Sponsors and $1,277,750.00 from the horsemen’s purse pool.
Wintering Incentive Fund payout for horses returning from 2017 who had started at Hastings in last start of 2017 for $6250.00 or less totaled $168,000.00 or a total of 84 horses returned.
The Maiden Special Incentive Bonus paid out a total of $170,000.00 with the Purse Pool providing $127,500.00 and the CTHS BAP Program paying $42,500.00 directly to the breeder.
Average purse pool payout on a daily average was $147,205.00 per day. The overnight payouts averaged $16,842.00 per race. That by the way is the highest average payout since 2009.
The total number of horses that made at least one start totaled 532 horses which was slightly off of 2017 when 550 horses started. The average number of horses per race was 6.877.
The total handle by my figures which should be fairly accurate was $25,243,879.00 compared to $27,770,077.00 in 2017 or $2,526,198.00. less then 2017. The loss of handle was mainly attributed to only running 7 races on Sundays.
The Derby Newsletter would like to thank the following people for their contributions during the 2018 season as without them it would be pretty boring.
Brook Ward for his weekly Horse Talk.
Tom Wolski for his weekly Hoss Talk
Greg Douglas for his Hastings News Updates
A very special thanks to Patti Tubbs, Michael Bye, Lisa Thompson, Four Footed Foto’s and Jackie Humber for all of the great photo’s they provided us with during the season.
Of course Richard Yates a special thank you for his daily wrap-up on every racing day throughout the season made for great treading to all of our subscribers.
Mike Heads and Drew Forster for their weekly Handicapper’s Corner and their selections which appeared every week. Also a special thanks to the IT Department of my company who directed and produced the show weekly.
Mike Heads for the daily preview of the day’s upcoming feature race.
Last but not least thank you to the 2865 daily readers of our newsletter. We have readers daily from all over Canada, the USA and several countries around the globe.
Thank you from the many readers for their kind words about the newsletter and hundreds tell us its the first thing they read every morning when they rise.
The British Columbia Horse Racing Industry Management Committee meet tomorrow in Vancouver.
With just six live racing days left in the 2018 live season the horsemen’s accounts are in excellent shape and we should finish the year which is really December 31st within budget.
We receive our funding over 12 months starting on January 1st and ending on December 31st. our racing season of course is just six months from April – October.
Our commitment to the track operator is to race 52 racing days within the six month period. So we have to able to budget the purse account and other budgeted items over nine months.
We also receive funding approximately 20 days after the previous month end. That means for instance we don’t receive December’s funding until mid January of the next year.
OVERNIGHT PURSE PAYOUTS
The total overnight payout after 46 days of racing is $4,427,301.00 which includes $429,696.00 in BC Bred Program and $22,605.00. The Wintering Program payout is not included in those figures and the payout is $208,000.00 paid to in addition to the overnight funds.
The average payout per race is currently $16,134.00 per overnight races.
STAKE POOL PAYOUTS
The stake pool payout total to date with 4 stakes races left for the season is $1,820,000.00. That total is a combination of nominations of $591,200.00, sponsorship funding of $180,000.00 and $1,048,000.00 from the stake pool of funds. The stake pool will finish the year under budget due to the strong number of nominations in 2018.
The wagering handle is off from 2017 by a total of $2,398,387.00 which is mostly caused by running one less race per day. So overall the handle is very similar or equal to 2017.
Although the handle since Derby Day has been very dismal to say the least. We seem to loose momentum right after Derby Day but not to the extend we have this year.
AVERAGE HORSES PER RACE
The average horse per race is currently 6.93 horses per race. Last year we ended with an average of 6.95 horses per race.
I have returned from Lexington, Kentucky from the Keeneland Yearling Sale. Hopefully I purchased several yearlings and hopefully at least a few good ones.
The sale has been very brisk and has broke all records and it was certainly a sellers market as the supply and demand of thoroughbred horses is certainly strong in the USA.
We are heading back to the Keeneland Sale and then to California Sale in January to hopefully purchase several horses to nominate for the CTHS Sale next September.
HORSEMEN ASSOCICATIONS ANNOUNCE PURSE INCREASE FOR THE LAST 6 DAYS OF LIVE RACING AT HASTINGS
Horses running in races from $16,000 down to $4000 will be increased by as much as $2000.00 for the last 3 weekends. Also the 8-12 finishers the race supplement will be increased to $400 up from the current $300 in those categories.
We will print those purse increases in tomorrows newsletter once the increases are finalized.
The $4000 horses will receive the largest increases to hopefully help owners maintain those horses over the winter.
I’m off to Lexington, Kentucky today to hopefully purchase some yearlings. If anyone wants me to look at anything while I’m there just drop me an email at firstname.lastname@example.org and I would be only to glad to have a look for you.
This will be the last Newsletter until I return late next week.
I would like to thank all of the purchasers of our consignment in the CTHS Yearling Sale on Tuesday and wish you all the luck and we hope you win many races with them,
its pretty quiet today on the racing front unless you spent the day at Thunderbird Park mostly in the rain looking at many of the fine yearling being offered in this years sale. The rain I think kept away a number of lookers but those that did show-up appeared keen and eager to buy.
SALE TOPPER CONTEST
We haven’t had a contest for awhile so lets try one for Dinner for 4 at Derby Bar and Grillif you can guess the sale topper. To enter just send us an email to email@example.com and just give us your guess by HIP #. your name and email address so we can contact you on how to collect your prize if you guess correctly. Entry’s close at 2:00pm, Tuesday, September 11th.Winners will be announced in tomorrows newsletter.
There is only 10 days of live racing left at Hastings Racecourse, where did time go and the season seemed to go by so quickly.
Just awaiting the new conditions for waiver claiming races for the last 10 days of the meet. We will publish the new condition sheets the minute we receive them from the racing office for both Saturday and Sunday.
Keeneland News on Day One of book one which goes thru till Thursday.Book 2 kicks off on Saturday morning at 10:00am
Monday’s Opening Session of Keeneland September Yearling Sale
The highly anticipated first crop of yearlings by 2015 Triple Crown winner and Horse of the Year American Pharoah, who won the 2015 Breeders’ Cup Classic (G1) at Keeneland to close his career, and the participation of Sheikh Mohammed Bin Rashid Al Maktoum’s Godolphin highlighted Monday’s opening session of the 2018 Keeneland September Yearling Sale. Godolphin paid $2.2 million for a colt by American Pharoah to top the session and record the highest price for a Thoroughbred sold at public auction in North America to date this year.
On Monday, Keeneland sold 138 yearlings, including five that fetched more than $1 million each, for gross sales of $48,620,000. The average was $352,319, and the median was $260,000. Monday marked the first of four sessions of the premier Book 1, which runs through Thursday and has 989 elite yearlings cataloged. Last year, Book 1 covered a single session with 167 yearlings in the catalog.
“It was a strong session with competitive bidding at the top,” Keeneland Vice President of Racing and Sales Bob Elliston said. “It is hard to do comparisons to last year because of the format change this year. Last year on the first day we had 167 horses (cataloged) in Book 1 and then three days of Book 2. This year, we have four days of a blended Books 1 and 2. If you try to do some comparisons, look at the numbers after four days. Every one of those indicators was dynamite. We are very encouraged that the sale started off like we wanted it to.”
American Pharoah led all sires on Monday with 12 yearlings selling for $6.335 million.
Godolphin was the session’s leading buyer, spending $7.28 million on 11 yearlings. In addition to the sale-topping American Pharoah colt, Godolphin’s purchases included a $1.3 million Medaglia d’Oro colt who is the first foal out of Grade 2 winner Moulin de Mougin consigned by Lane’s End, agent; $875,000 for a colt by Into Mischief from the family of Triple Crown winner Affirmed consigned by St. George Sales, agent; and $800,000 for a colt by Medaglia d’Oro out of multiple Grade 2 winner Hungry Island consigned by Gainesway, agent.
Darley America President and Racing Manager Jimmy Bell said Sheikh Mohammed’s appearance at Keeneland and his nearby Godolphin breeding operation after several years had thrilled many people.
“As you know he’s a very busy man, and everybody – obviously the staff of the farm – is so excited for him to come over here and have the opportunity to go through the farm and see the yearlings,” Bell said. “He just enjoys the horses so much, and he loves the sales. He is here with his wife and children. He is having a great stay, and we are delighted he is here. It makes it exciting for everybody.”
“It is an honor for us when Sheikh Mohammed is able to clear his schedule and come here,” Elliston said. “It has been about 10 years since he was last here. He has been such a huge supporter of Keeneland and the September Sale. To see him on the grounds and participate the way he did today is very rewarding for all of us here at Keeneland.”
Monday’s high seller, a son of the stakes-winning Indian Charlie mare Kindle, was consigned by Peter O’Callaghan’s Woods Edge Farm, agent.
“He was a really special horse,” O’Callaghan said. “He’s probably the best yearling we’ve ever had, so I hope (his success) proves to be the case on the race track. Just very grateful for Sheikh Mohammed to come here and buy him. When (Sheikh Mohammed) saw (this colt) today, his eyes lit up. I just had a feeling he was going to try hard to buy him.”
In the name of Cavalier Bloodstock, O’Callaghan purchased the colt as a weanling for $400,000 at the 2017 Keeneland November Breeding Stock Sale.
“It was the most I’d ever paid for a foal,” O’Callaghan said. “He was exceptional the day we bought him, and he just continued to get better and better. He was a tenacious physical specimen, but his temperament and his demeanor (were) almost as big.”
Larry Best’s OXO Equine purchased a son of Curlin who is the first foal out of Grade 1 winner Molly Morgan, by Ghostzapper, for $1.8 million. The colt was consigned by Summerfield, agent for Stonestreet Bred & Raised.
“It’s a good pedigree; I think it’s flawless,” Best said. “Now the big question is can he run? I don’t have a Curlin. I’ve always wanted to find a quality Curlin, and now I’ve found one.”
Sold to Don Alberto Corporation for $1.4 million, the session’s top-priced filly is a daughter of Tapit who is a half-sister to Breeders’ Cup Dirt Mile (G1) winner and sire Liam’s Map and Grade 3 winner Not This Time. She was consigned by Taylor Made Sales Agency, agent.
The filly, out of the Grade 3-winning Trippi mare Miss Macy Sue, was bred by Albaugh Family Stables, which sold Liam’s Map at the 2012 September Sale for $800,000 and campaigned Not This Time.
“We want to buy a lot of colts at this sale, so we decided to sell her,” Albaugh General Manager Jason Loutsch said. “It was a tough decision. We’re happy that she’s going to a great home, and we couldn’t be more excited. It’s a great family and that mare has done so much for us and we couldn’t be more thankful.”
“She is one of the best fillies we have ever raised,” Taylor Made President and CEO Duncan Taylor said. “It may look like a lot of money, but with that pedigree she could produce million-dollar yearlings every year. I think the buyers made a great buy.”
The half-brother by leading sire Tapit to Horse of the Year and 2014 Kentucky Derby (G1) and Preakness (G1) winner California Chrome sold for $1.1 million to Coolmore’s M.V. Magnier. Bedouin Bloodstock, agent, consigned the son of the Not For Love mare Love the Chase.
“He’s a very nice horse,” Magnier said. “The mare is a good producer and he’s a brother to a very good horse. He’s going to stay here and go to (trainer) Todd Pletcher. Let’s hope he’s good. He’s by a good sire, obviously, in Tapit, and if he’s anything the way (Coolmore’s) Cupid turned out (to be a Grade 1-winning millionaire), he (will be) quite remarkable.”
“I am delighted with the buyer – it is always great when a horse is under their management,” said Tom Ryan of breeder SF Bloodstock. “This was a superstar colt from Day One, and that was reflected in the price. The market seems to be holding up very well and it is great to have Coolmore and Godolphin on the grounds today with a lot of domestic buying going on as well.”
Taylor Made Sales Agency was Monday’s leading consignor with 25 horses sold for $9.55 million.
Every horse sold during this year’s 13-session September Sale is eligible to earn cash rewards through Keeneland’s September Sale Seller Bonus Program introduced in 2017.
The program offers cash rewards to sellers (owners at the time of sale) of horses sold at the September Sale that win Grade/Group 1, 2 or 3 stakes as a 2- or 3-year-old. Sellers receive cash rewards for yearlings that were sold at the September Sale based on the following criteria: $10,000 Seller Bonus value for your first Grade/Group 1 stakes win; $7,500 for your first Grade/Group 2 win; and $5,000 for your first Grade/Group 3 victory.
A graduate is eligible for a Seller Bonus based on its highest level of graded stakes win. Should a graduate step up and win another race at a higher grade during its 2- or 3-year-old campaign, the Seller will receive the difference in value between the previous grade and the higher grade, with a maximum lifetime payout of $10,000 available per horse. For more information, please visit September.Keeneland.com.
The September Sale continues through Sunday, Sept. 23, with the second of four Book 1 sessions starting tomorrow at 1 p.m. ET. The Wednesday and Thursday sessions also will begin at 1 p.m.
Click here for a video of Hip 91, a $2.2 million American Pharoah-Kindle colt
Click here for a video of Hip 211, a $1.8 million Curlin-Molly Morgan colt
Click here for a video of Hip 203, a $1.4 million Tapit-Miss Macy Sue filly
Click here for a video of Hip 218, a $1.3 million Medaglia d’Oro-Moulin de Mougin colt
Click here for a video of Hip 141, a $1.1 million Tapit-Love the Chase colt
Watch for a number of changes to the race conditions starting on Wednesday for Saturday’s races and all claiming races until the end of the meet.
The horsemen’s associations and track management in an effort to hold on to horses and attempt to stop people from claiming horses and never returning to Hastings to race.
The exact conditions and will be available in the race office hopefully today or tomorrow which will give owners the option to protect their horses from being claimed at all claiming levels till the end of this meet .
Last year 28 horses were claimed at Hastings after Derby Day and 18 of those never returned to Hastings in 2018 but are running elsewhere.
MADIEN CLAIMING $8000 FOR 2 YEAR OLDS
The racing associations are also have asked the racing office to write some maiden 2 year old races for claiming price of $8000 and will be offering Maiden 2 year old $8000 claiming races early next season for owners who have horses that are not able to compete at the higher 2 year old levels next year.
CTHS YEARLING AND MIXED SALE PARAGE TODAY AT 3:00PM
We hope to see a large turnout for today’s stars of the future at the CTHS Parade of Yearlings at 3:00pm today. Hope to see you all there.
Hard to believe but its BC Cup Day already as we move into August and day 31 of the current 52 Live Day season at Hastings Racecourse.
Monday will have 7 Stakes races that include the BC Cup Marathon and 2 Maiden Special Weight races for 3 yr olds & up that have the last of the Owner – Breeder Bonus. The last for 3 yr old & up that is as all of the MSW 2 year old races have the Bonus all season.
My opinion is that at least 4 of the$50,000 Stake races will be won by BC Breds.
Nominations are the highest in recent history with 99 horses being nominated.
The total payout of purses could be as high as $540,000.00 over the 9 races to be run.
BC Breds that win any of the stakes races except the BC Cup Marathon carry an $25,000 bonus to the winner if won by a BC Bred. Also the two MSW races have the $10,000 Owner – Breeder bonus clause as well.
The total purse money is $370,000 and the total bonus amount available to BC Breds is $170,000.
It should be a great day of horse racing and would I would believe the total handle for the day will be well over a million dollars and I think it will be the largest day in many years.
Entry day is Wednesday morning and the entries should be out in the early afternoon.
ALL OF THE NOMINATION LISTS ARE AVAILABLE AT THE BOTTOM OF TODAY’S NEWSLETTER AS WELL AS ALL OF THE INCENTIVE PROGRAMS ANNOUNCED FOR 2018-19
The new Wintering Incentive Program carries a total of $4000.00 for horses who’s last start is for $6250.00 or less.