Making Friends and Buying Horses: Thoughts on our Keeneland Purchases
/ Wednesday, September 14, 2011
LEXINGTON, KY – You always seem to have more friends in Lexington when y
LEXINGTON, KY – You always seem to have more friends in Lexington when you're buying horses. Buying out of book one at the Keeneland September Sale, spending almot $1.6 million on extremely high-end Thoroughbreds, you'll find you make even more.
It's been an exciting four-day run for West Point Thoroughbreds here in Kentucky. Not only have we had the opportunity to purchase some horses with great potential, but we’ve upped our spending power thanks to a new financial backer who has recently joined the team.
This is a fellow West Point graduate and Wall Street figure who has always been interested in the sport. He grew up going to the races in New York with his father and grandfather, and he brings a passion for Thoroughbred racing to the table along with impeccable business savvy. We’re thrilled to have him putting up some funds that enable us to compete in the sales arena at an even higher level than we have before.
The yearlings we bought at this sale are world-class for a reason. We brought in a pedigree expert and everything we’ve purchased rated highly on his list. When you spend the kind of money we’ve been spending, it had better be on the best horses in the sale. The Curlin filly (hip #127) was one of the best prospects we’ve seen in a long time, and I certainly hope she runs as good as she looks. The Distorted Humor filly (hip #183) has a phenomenal pedigree and a lot of flash and presence. The colt we bought during session three (hip #269) is by Tale of the Cat and is a full brother to the top class racehorse and sire Lion Heart. These are three very, very exciting prospects.
This new investor and I see a great opportunity in the filly market right now, and not just because we want to win the Kentucky Oaks in 2013. In 2007 you couldn’t touch these fillies for less than $1.5 million – but thanks to the way the American Thoroughbred industry has retracted in recent times, prices have lowered to a more realistic level, and fillies that can race and go on to be broodmares are an excellent investment.
There will be an opportunity to participate in some of these horses with this new backer in the future. If you’re interested, contact your West Point representative.
In the meantime, enjoy a few shots of these beautiful yearlings.
See you at the races!
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