Blame Colt on Top as Numbers Dip at OBS June

OCALA, FL – The Ocala Breeders' Sales Company's June Sale of 2-Year-Olds in Training continued its measured pace Wednesday with figures falling off the auction's record-setting 2022 renewal, while a colt by Blame brought the day's highest bid of $485,000 when selling to bloodstock agent Clay Scherer. The session-topping colt, who was consigned by Wavertree Stables, was one of four to sell for $200,000 or more during the day, bringing the total to reach that mark so far at the sale to seven. Eleven had reached that mark at the same point in the 2022 auction.

Through two sessions of the three-day sale, 410 juveniles have sold for $14,922,600. The average of $36,397 is down 5.1% from the 2022 figure of $38,358–which includes post-sale transactions–and is down 8.9% from the $39,961 close-of-day average from a year ago. The median of $20,000 dipped 13% from last year's final figure and 20% from the end-of-day figure.

The cumulative buy-back rate stood at 21.9% after the fall of the last hammer Wednesday.

At this same point a year ago, with 125 horses reported not sold, the buy-back rate was 22.9%. With 32 additional post-sales transactions, 452 horses had sold for $17,337,600 and the two-day final buy-back rate was 17.1%.

Wavertree Stables, which sold two of Wednesday's top five lots, was the session's leading consignor.

Following a season of polarized results at the 2-year-old sales, the June figures were no surprise to Wavertree's Ciaran Dunne.

“It's not anything we didn't expect,” Dunne said. “For what are perceived to be the top-end horses, there are plenty of people there. For everything else, we are just fighting over scraps. The attendance is probably a little disappointing, but I think that is reflective of small fields and super trainers. It's harder for the smaller trainers to drum up clients, so it makes it even harder for them to come here and buy. A thousand horses is a lot of horses in the June sale. I think they are doing very well to have the clearance rate they have.”

The OBS June sale concludes with a final session beginning at 10 a.m. Thursday.

Scherer Takes the Blame

A colt by Blame (hip 430), who worked a co-bullet quarter-mile in :20 3/5 during last week's under-tack show, will be joining the barn of trainer Brad Cox after bloodstock agent Clay Scherer signed the $485,000 ticket to acquire the youngster on behalf of an undisclosed client Wednesday at OBS.

“He was a big, strong colt who worked fast, did everything like you want to see here and he acted fresh every day,” Scherer said of the juvenile's appeal.

The dark bay colt is out of Soul Spirit (Quality Road), a daughter of multiple Grade I-placed Soul Search and a half-sister to graded winner Journey Home (War Front). He was purchased by Ciaran Dunne for $210,000 at last year's Keeneland September sale and was making his first trip through the sales ring this year with Dunne's Wavertree Stables consignment.

“He's big, tall and long legged,” Dunne said following the colt's bullet breeze last week. “He looks like a horse who will go two turns easily. So the fact that he has that speed makes you think he's going to be very dangerous going long.”

Of the colt's yearling price tag, Dunne admitted, “It did seem like a lot, but he was a beautiful yearling. The trend at the 2-year-old market is that they want big, two-turn horses and if you can get a horse like him who looks like he'll go long to show the kind of speed he showed, then you're going to get paid, more so than with the ready-made spring 2-year-old types. So it was a lot of money for him, but he was a beautiful horse.”

Scherer said the June sale has become an increasingly reliable source of good horses, pointing to 2021 graduate and multiple graded winner Adare Manor (Uncle Mo) who won Saturday's GII Santa Margarita S. at Santa Anita.

“Every year, people have been putting good horses in June and good horses have come out of June every year,” he said. “Adare Manor just ran off the screen. There is always a good one here.”