Sid Fernando
Sid Fernando is president and CEO of Werk Thoroughbred Consultants, Inc., originator of the Werk Nick Rating and eNicks. He has written a bi-weekly column for the TDN since March, 2018.
Taking Stock: Yearling Averages and Unproven Sires
November 5, 2020
The bloodstock industry in Kentucky is heavily weighted to the commercial marketplace, and when the first yearlings of a stallion sell well, sometimes even experienced commercial breeders can get momentarily caught up in the euphoria. A breeder called me after the Fasig-Tipton October Sale to say that he was going to breed to such a [...]
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Taking Stock: Fifth-Year Stallions and Brody's Cause
October 22, 2020
Much has been made lately in Kentucky on farms reducing stud fees in response to the blighted economy, but there's a group of stallions whose fees would have mostly dropped as a matter of course even in booming times. These are second- through fifth-year stallions; frequently, fees for horses entering their fifth season at stud [...]
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Taking Stock: The Daredevil Syndrome
October 8, 2020
You know this adage well: “Sell a stallion overseas and he'll catch fire.” The latest example is Daredevil (More Than Ready), whose remarkable first-crop daughter Swiss Skydiver put on a show for the ages on Saturday to deny Gl Kentucky Derby winner Authentic (Into Mischief) the Gl Preakness S. at Pimlico. Trained by a daredevil [...]
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Taking Stock: Keeneland Numbers Are Troubling
September 24, 2020
With a pandemic that's led to the loss of 200,000 lives, the loss of jobs, and overall economic instability that's affected most people except for the super wealthy that are heavily invested in the stock market, no one expected the Keeneland September yearling sale to be anything but down by gross and average versus last [...]
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Taking Stock: Nyquist Off the Grade I Mark
September 10, 2020
Spendthrift purchased the breeding rights to Authentic before the Grade l Santa Anita Derby, and the $9 million kicker it agreed to pay Authentic's former ownership group for winning the Gl Kentucky Derby is indicative of the premium that's placed on a stallion prospect with North America's most prestigious Classic on his resume. A front-running [...]
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Taking Stock: Not This Time Leads Freshman Sires
August 27, 2020
The year 2020 will have an asterisk next to it in racing history, but there will nevertheless be a leading first-crop sire at year's end, and Taylor Made's Not This Time (Giant's Causeway) might be the stallion atop it. As we head into September, Not This Time leads all N. American-based first-crop sires by number [...]
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Taking Stock: Bernardini is Relevant
August 13, 2020
There's a tendency in this business–as in life–to downgrade the relevance of the aged and to push them aside in favor of youth. You see this in bloodstock all the time. Everyone wants young mares, just as everyone wants to patronize first-year sires. Old mares, even some stakes producers, are discarded cheaply, and older sires, [...]
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Taking Stock: Sires and Racing Environments
July 30, 2020
The advent of Twitter over the last decade or so has made racing results quickly accessible to fans and observers anywhere in the world, so much so that it seems that a greater number of people in the U.S. are more familiar with European racing than ever before. Back when I was a kid, we'd [...]
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Taking Stock: Coolmore's Plundering of British Classics
July 16, 2020
John Magnier's Irish-based Coolmore is dominating Britain. That's not hyperbole, either. How's this for an illustration? The Irish entity, which generally campaigns its runners under the various partnership colors of Susan Magnier, Michael Tabor, and Derrick Smith, has won an astonishing 25 of the past 49 British Classics over the last decade (see the accompanying [...]
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Taking Stock: Being Inclusive in an Exclusive Game
July 2, 2020
Is it even possible to be inclusive in an exclusive game? Kudos to Sue Finley and this publication for its series on diversity and inclusion, featuring several notable individuals who've made poignant cases for the benefits of opening racing's upper-echelon doors to Black people, people of color, women and other marginalized groups. However, the ways [...]
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Taking Stock: Race Records and Stallion Prospects
June 18, 2020
Sackatoga Stable's Tiz the Law (Constitution) was a Grade l winner at two, won the Grade l Florida Derby this year, and goes for the first Classic of the season as the favorite in the Gl Belmont S. on Saturday. His breeding rights have been tied up for months, and if he does nothing from [...]
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Taking Stock: Arrogate Death a Blow
June 4, 2020
The unexpected death of Arrogate (Unbridled's Song) on Tuesday was a devastating blow to his connections at Juddmonte and to the industry at large. He was the horse that Juddmonte had expected to base its boutique North American stallion operation around and he was the last great hope that his late sire would deliver a [...]
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