WEST POINT SCORES BIG AT SALE
The West Point Thoroughbreds team scored two big success at the Fasig-Tipton Calder sale on February 24th. West Point brought two horses to the sale, a Pulpit colt and Not For Love colt, and both horses shone at the sale. The results are a testament to the team and process instituted by West Point. Five months after purchasing the two colts for a combined $430,000 they sold for a combined $1,125,000.
Both colts were purchased with the assistance of one of the world's leading bloodstock experts Buzz Chace as yearlings. Like all West Point horses, the yearlings were sent to David McKathan in Ocala, Florida for breaking, training, sales preparation, and auction showing.
Purchased at the Keeneland September sale for $200,000, the Pulpit colt(pictured) was part of West Point's 2003 Classic Venture syndication. A late foal, he was beautifully conformed, and we believed that he had a chance to blossom over the winter. Despite not having too many miles put into him, he worked a solid quarter-mile in the under tack show on February 15th. In the following ten days, he attracted the eye of some of the top buyers at the sale and looked to be heading for a profitable sale. An early hip, he came through the ring at just after noon on sale day, and the bidding immediately shot up over a quarter-million dollars. The momentum continued to grow until the hammer fell at $625,000 representing a $425,000 profit, over 200 percent, after only five months.
The second offering was a Not For Love colt that was the sales topper at Fasig-Tipton Eastern Fall Yearling sale in September. Purchased for $230,000 then, this colt was head and shoulders above the others at the sale. Offered for syndication by West Point last November, the colt never missed a day of training before being accepted into the Calder sale. His training culminated with a sparkling bullet 21.1 quarter-mile breeze in the first under tack show. His work proved to catch the eye of the buyers. Despite going through the ring late in the day, the colt quickly moved into six figures before being sold for a cool $500,000. The ticket was signed by John Feguson, regular agent for Sheikh Mohammed.
We believe this sale is another example of West Point Thoroughbreds striving for excellence in every way.