Bloodstock

OBS Marches On as Pandemic Panic Reaches Fever Pitch

by Brian DiDonato & Steve Sherack The Ocala Breeders' Sales Company will hold its two-day March 2-Year-Olds in Training Sale Tuesday and Wednesday amid unprecedented circumstances as the nation and world grapple with the COVID-19 pandemic that has caused most major events to be canceled or postponed and racing conducted without spectators, if at all. Add to that a plummeting stock market--circuit breakers were again triggered as trade opened Monday despite the Federal Reserve announcing Sunday evening that it would slash interest rates to 0% and launch a $700-billion quantitative...

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Building a 100-Horse Stable, One Micro-Share at a Time

Michael Behrens has very suddenly--and a bit unexpectedly, he admits--found himself in a position to be buying a significant amount of bloodstock. Behrens is the co-founder of MyRacehorse, the micro-shares syndicate that acquires partnership interests in racehorses then slices those assets into far smaller investment opportunities that generally cost below $400 per share and usually equate to one-tenth of one percent of ownership in a race-ready horse, all training costs included. The firm barely existed a year ago and only bought its first 2-year-old at auction this March. Yet Behrens...

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Red Armada Tops Goodwood Sale

The second edition of the boutique Goffs UK Goodwood Sale, held immediately after racing in the Goodwood parade ring, was topped by dual winner Red Armada (Ire) (Invincible Spirit {Ire}) (lot 1), the first horse offered. Overall, trade was very selective, with only two of the seven horses offered finding new homes for a gross of £475,000. Consigned by Clive Cox Racing, the son of listed winner Alumni (GB) (Selkirk) brought a bid of £275,000 from Charlie Dee of Lillingston Bloodstock. One of six winners of six runners from him...

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