Chris McGrath

Welcome to our annual assessment of Bluegrass sire prospects for the approaching covering season. As last year, we're going to confine our focus largely to a "Value Podium" for each intake--rather than attempt, as in the past, an exhaustive (not to say exhausting) assessment of every stallion in the Commonwealth of Kentucky. Believe me, it wasn't always easy to find something adequately civil to say about every last one! But the fact is that this is only ever one person's opinion and, as such, a hopelessly subjective exercise. By restricting...

Strictly, it's the very reverse of what he's doing—which is actually to revert from two turns to one. In a sense, however, the return of Zandon (Upstart) to Aqueduct on Saturday will bring things full circle. For it was on the equivalent card last year that he began what has turned into a pretty frustrating sequence of races where, for one reason or another, he arguably hasn't quite realized his full potential. When you consider that these include the GI Kentucky Derby itself, that shows how much raw ability he...

As we saw in the GI Breeders' Cup Distaff, if there's anything more exciting than a duel to the wire, it's the intrusion of a third nose. And that's pretty much the way a remarkable contest for the freshman sires' title is playing out entering the stretch. The first thing to stress is that it really shouldn't matter which of the stallions involved happens to bank the critical extra cents to claim the crown. That won't be how the marketing teams of their respective farms are viewing things, naturally, but...

We can harness Thoroughbreds to our best and worst, to our altruism or avarice--but thankfully we will never alter the essential, inherent wonder of the breed, nor maintain the illusion that we are ever truly in control of its destiny. There's a genuine possibility, this weekend, that a German colt could elevate himself to the top of the global sophomore crop by winning the G1 Japan Cup. Yet Tünnes (Ger) (Guiliani {Ire}) was a wholly inadvertent acquisition at the Baden-Baden yearling sales, his purchaser having dropped out at €20,000 only...

What do these stallions have in common: Competitive Edge, First Samurai, Include, First Dude, Majesticperfection, Midnight Lute and Noble Mission (GB)? Okay, so you could also add A.P. Indy, Into Mischief, Lope de Vega (Ire), Medaglia d'Oro and Quality Road to the mix. But you would hope so, too, if you happen to be one of those highly paid advisors who tell their patrons that the only way to start a breeding program is with most expensive covers around. Because these are the dozen sires responsible for mares that made...

It's a long time now, some 40 years or so, since Nelson Bunker Hunt's notorious observation that "a billion dollars isn't what it used to be". Which presumably means that today it's no longer even quite what it was, back when it wasn't what it used to be. After all, we've just seen the dispersal of a single art collection--assembled by the late Paul Allen, co-founder of Microsoft--realize $1.5 billion. Nonetheless it feels as though the transatlantic yearling market, in 2022, has reached a pretty historic landmark in tipping 10...

I always enjoy whatever Chris McGrath writes, particularly his way of getting at things that many do not want to address. In Saturday's TDN he touched on a subject close to my heart (This Side Up, Nov. 15 TDN), so much so that I would venture to distil an answer to his question of why modern horsemen are so much more reluctant to ask questions of the Thoroughbred than their predecessors, down to the following: Because in the modern "Thoroughbred Industry" the tail of stud value now wags the dog...

"Now why did I do that?" For some of us, the more painful that question becomes, the easier the answer. It'll be right there in that empty bottle, greeting you on the table in the morning. For those of you whose conduct has more complex influences, however, apparently there's a handy publication out there called The Journal of Behavioral Decision Making. And you thought horse pedigrees were a niche interest. In a recent edition, researchers from the universities of East Finland and Liverpool crunched data from 15,000 Finnish men commencing...

Two Grade I winners inside an hour last Saturday: both sold as November weanlings at Keeneland, both through the same consignment. But while their shared provenance at least guarantees that you'll want to drop by the Bluegrass Thoroughbred Services draft this time round, as well, it is not as though Forte (Violence) and War Like Goddess (English Channel) can otherwise elucidate the vagaries of our business. Because while one made respectable money, the other was more or less given away. War Like Goddess, swept up in the kind of cull...

Well, that was one even I managed to see coming. With sterling bleeding at the bottom of the stairs, the most expensive yearling transaction of 2022 was duly enacted at Tattersalls this week. It was always going to be a wild market: Keeneland had shown the big spenders to remain impervious to war and inflation, while the local currency had been set aflame after new leaders sent home the babysitter and started playing with fiscal matches.

Well, that was one even I managed to see coming. With sterling bleeding at the bottom of the stairs, the most expensive yearling transaction of 2022 was duly enacted at Tattersalls this week. It was always going to be a wild market: Keeneland had shown the big spenders to remain impervious to war and inflation, while the local currency had been set aflame after new leaders sent home the babysitter and started playing with fiscal matches. Sure enough, Book I catapulted to giddy new heights, recording surges of 45 percent...

Even in a market like this one, weirdly insulated from economic and geopolitical chaos, trading Thoroughbreds will always remain a precarious business. Speculators never hesitate, then, to pounce whenever the odds appear skewed temporarily in their favor. Sure enough, with the dollar squeezing other currencies dry, around one in eight of the yearlings sold at the Goffs Orby Sale this week is said to be heading to the U.S.; and they'll have plenty of company out of Tattersalls next week. To one who constantly berates breeders both sides of the...