Brilliant Son who was purchased by BEC bloodstock in 2005 at the Keeneland September sale is now stakes placed after his third place finished in the $100000 James Marvin at Saratoga on Saturday. Making his first start since October of 2007, Brilliant Son was up close to the pace for most of the race and seemed to get a bit tired the last 100 yards or so, though he was game in holding off the closers to be third.
As we expected the Fasig Tipton New York Bred sale held its numbers up pretty well. The buy back rate was higher than in previous years which is more of a function of owners overvaluing their horses than any weakness in the market in our opinion. The regional markets will continue to be the place than many mid-range buyers look for value as open Kentucky-breds and Florida-breds are seemingly going to be at a disadvantage without a real state bred program to help out the lower tier horses. Maybe the downturn at the upcoming Keeneland sales after so many years of increases will get the movers and shakers in the Commonwealth to act and pass some kind of alternate gaming bill to help out the racing industry but also to inject some funds in the KTDF program and continue to grow the breed incentive program. My in-foal mares are all headed out of state to PA and NY to drop their foals as the monies for both racing and the breed incentives are simply too great for me and my partners to pass up. Maybe our little broodmare band is considered insignificant by lawmakers but there are a lot more of us out there that are simply looking for the best deal that we can find and increasingly those opportunities are out of state.
On a brighter note the OBS sale kicks off next week and the September catalogs are being sent out later this week! BEC Bloodstock is still accepting clients for the September sale, contact Chuck at 502 489 7492.
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