Lothenbach Dispersal a Unique Opportunity for Buyers

This year's renewal of the Fasig-Tipton Winter Mixed Sale will have extra appeal to buyers with the addition of the dispersal of the late Robert Lothenbach's breeding stock. The dispersal's offerings, most of whom were supplemented to the auction's catalogue, will be handled by Vinery Sales and Taylor Made Sales Agency. Both consignors emphasized what a unique opportunity the dispersal represented.

“Mr. Lothenbach was a great ambassador for racing and he strictly bred to race,” Vinery's Derek MacKenzie said. “He also bought a lot of nice yearlings over the years for racing. And so, none of these families–especially some that go back three and four generations–have ever been on the market. There is soundness and plenty of talent within these families. Under unfortunate circumstances, they are available to the public.”

Lothenbach, who passed away in November, was among the leading owners in North America for nearly three decades. Over the last 23 years, his Lothenbach Stables celebrated more than 800 wins and earned more than $30 million. He was a top 10-ranked owner nationally in 2020 and 2022.

“He is one of the few guys who bred to race exclusively in this era,” MacKenzie said.

Among Vinery's 46 offerings from the dispersal are a pair of mares who won graded stakes in the Lothenbach colors.

Bell's the One (Majesticperfection) (hip 476) won the 2020 GI Derby City Distaff S., the 2021 GII Honorable Miss H. and GII Thoroughbred Club of America S. and the 2019 GII Lexus Raven Run S. She was third in the 2020 GI Breeders' Cup F/M Sprint.

The hard-knocking mare hit the board in 21 of 27 races–including three runnings of the GI Madison S.–with 13 wins and earnings of $2,000,675.

“Any international buyer that is seriously playing at the top level would want to have this mare,” MacKenzie said. “She was such a good race filly for so long and she looks fantastic right now. They can take her straight to the shed and breed her to whoever they want. I've got to think she appeals to every continent.”

The 8-year-old mare, who RNA'd for $2.6 million at the 2022 Fasig-Tipton November sale, was bred to Flightline last year, but sells not in foal after aborting in September.

“I was a farm manager for a long time before I got into the sales side and a lot of maidens slip their first ones and never have an issue the rest of their career,” MacKenzie said. “I've seen it a lot. So it's not a worry at all for me. I think anyone with experience with broodmares knows it shouldn't be any kind of issue and she'll be fine going forward.”

Vinery's offerings also include She Can't Sing (Bernardini) (hip 485), winner of the 2022 GIII Chilukki S. The 7-year-old broodmare prospect raced 39 times in her career, hitting the board 22 times and earning $883,558.

“What a beautiful mare,” MacKenzie said of She Can't Sing. “She ran hard for a while and she's by the right sire in Bernardini, a great broodmare sire. And she has leg and scope. She is taller than most Bernardinis. Again, she should fit any continent, any kind of top-level breeder should take a hard look at trying to get her.”

Beyond the pair of graded-stakes winning mares, MacKenzie said he thinks there is plenty to appeal to buyers in the dispersal as the breeding season looms.

“There is a group of maiden fillies coming off the racetrack that are pretty interesting that have good looks and talent,” he said. “And there are a couple other younger broodmares in foal to the right sires. So it's going to be a strong showing.”

Taylor Made Sales Agency got the Lothenbach dispersal started with a week-long digital offering of 76 horses of racing age which opened Monday and closes Friday. During the Winter Mixed sale next week, the consignment will include 19 short yearlings, all bred by Lothenbach.

“I think they represent a really good opportunity right now,” Marshall Taylor said of the offerings. “You look down there at all those pedigrees and who they are by, pedigrees that nobody has really had an opportunity to buy into and then it's a group of very good stallions that Mr. Lothenbach bred to. Normally, you get down to this point and you've got the February sale and there are only so many [yearlings] in the sale. So to have this opportunity with some of the stallions that Mr. Lothenbach bred to, it's a huge opportunity.”

After a competitive foal market, next week's Winter Mixed sale offers buyers a final chance to buy short yearlings at public auction this year.

“I think the foal market, now short yearling, market has been so strong,” Taylor said. “You look at November and it was really hard to buy. The good foals were bringing a lot of money and selling very well. That carried on to January. So having this dispersal with these short yearlings, I think there is going to be a strong market for them. I think there are a lot of people out there that still want to buy a good baby by a good stallion. And I think all of that is just going to carry over to this sale.”

With the digital portion of the dispersal in full swing, Taylor said he was seeing plenty of interest for the horses of racing age this week and requests for information on many of those horses' siblings who will be on offer on-site at Fasig-Tipton next week.

“Right now, we just started the racehorse dispersal [Monday], so there has been a lot of interest there,” Taylor said. “We've had a lot of calls on the short yearlings, too. People calling us asking what they look like, a lot of different pinhookers have been asking about them. Mr. Lothenbach has a lot of nice horses in the digital sale and a lot of these babies are half-siblings.”

From the digital sale through the Winter sale, Taylor kept coming back to that word–opportunity.

“From an overall picture on all of Mr. Lothenbach's offerings,  from the mares, to the racehorses, to the babies–especially with the fillies–to have the opportunity to buy into these families is a rare thing. Mr. Lothenbach was a straight breed-to-race guy and nobody has ever had the opportunity to buy into these families. He has a lot of nice families, so there are going to be some big opportunities.”

The Fasig-Tipton Winter Mixed Sale will be held next Monday and Tuesday at Newtown Paddocks. Both sessions of the auction begin at 10 a.m.