NEWS
Trying to maintain the momentum
Posted: Saturday, July 22, 2000
With larger catalog, Del Mar yearling sale seeks to improve on successful 1999 auction
Much went right at last year's California Thoroughbred Breeders Association (CTBA) Del Mar yearling sale after a buyer default in 1998 cast a dark shadow on the prominent regional market. The challenge for the Del Mar sale now is to follow up on its 1999 resurgence.
When the two-day sale is conducted at the Del Mar Horse Park on August 14-15, several favorable factors should be at work, and they may help to keep the regional market advancing.
The CTBA is banking on an increased number of yearlings cataloged to help boost the overall bottom line once again this year. Stating that it found "outstanding quality" in this year's crop, the CTBA cataloged 201 yearlings for the Del Mar sale, a 38.6% increase from 1999.
Of the 145 originally cataloged last year, 129 were offered and 108 sold for total revenues of $3,976,000, an increase of more than 45% from the previous year's sale. The 1998 sale, in which 123 horses sold for $2,736,700, was dampened when leading buyer Edward Kalinoski defaulted on the purchase of 24 yearlings for a total of $479,000. The CTBA paid consignors and the yearlings were resold at other venues; the CTBA has since won a judgment and is close to recovering all the remaining funds.
One number that could be tough to top is last year's average price, which soared 65.5% from 1998 to $36,814, a record for the Del Mar sale.
"Last year we had a dynamite sale, with our highest average in 50 years," said Doug Burge, the CTBA's general manager. "This year, we have similar quality but more of it. We're expecting big things. It's the right venue, and, even though the sale is not strictly a Cal-bred sale, with about 82% Cal-breds it is the best available venue for people who want to buy and race in California."
Burge expects the quality of sires represented in the sale to bolster prices. While the auction contains yearlings by several Kentucky-based stallions-including Hennessy, Grindstone, Gilded Time, and Quiet American-a large number of them are by California-based stallions that figure prominently on the North American general sire list.
Golden Eagle Farm stallion General Meeting, who was 15th on the general sire list through July 4, has 13 yearlings cataloged, second only to Smokester's 14 yearlings. The others with large numbers of individuals in the sale include In Excess (Ire) with 11, Avenue of Flags and High Brite with ten each, and Bertrando with nine.
The bigger catalog reflects a strengthening California market, Burge said. With a record number of nominations for this year's sale, only logistical hurdles kept the catalog from being even larger.
"One of our limitations is our stabling. Even though we have 400 stalls we could use, we like to spread out our consignors," Burge said. "If we go anywhere above 200, we may start to have problems. We increased over last year and kept the same strict standards of conformation and pedigree. If they belong in a select sale, we want them in here."
For the second consecutive year, the sale will be broadcast by satellite (Telstar 5 C-band-Transponder/Channel 7). After obtaining an identification code from the sales company, prospective bidders can bid by telephone. The system was utilized with success in 1999, with several underbidders on the telephone-bidding system.
Tom Law is a Thoroughbred Times staff writer.
CTBA Del Mar yearling sale
Where-Del Mar Horse Park
Dates-Monday, August 14, 7 p.m. (PDT); Tuesday, August 15, 6 p.m.
1999 offered-145 (16 withdrawn, 21 buy-backs, 108 sold)
1999 average-$36,814 (up 65.5% from 1998)
1999 median-$30,000
1999 total-$3,976,000
Contact-CTBA (626) 445-7800
Del Mar's 2000 race meeting
Dates: Wednesday, July 26, through Wednesday, September 13 (43 days). Closed on Tuesdays.
Address: De La Valle and Jimmy Durante Boulevard, Del Mar, CA 92014
Post time: 2 p.m. except on Fridays, when first post is 4 p.m.
Admission: $4 general admission; clubhouse admission $7; parking $3; children 17 and under admitted free.
Phone: (858) 755-1141
Web site: http://www.dmtc.com
Del Mar contact numbers
For area attractions, events, and information
- California Center for the Arts: (858) 738-4138
- California Thoroughbred Breeders Association yearling sale: (626) 445-7800.
- Camp Del Mar: (858) 755-1141, ext. 3990
- Children's Museum: (619) 233-KIDS
- Del Mar Thoroughbred Racetrack: (858) 755-1141
- Del Mar Turf to Surf 5K: (858) 298-7400
- Downtown San Diego tours: (858) 234-0040
- Ramona Country Fair: (858) 789-1484
- Reuben H. Fleet Space Theater & Science Center: (858) 238-1233
- San Diego Chamber of Commerce: (858) 232-0124
- San Diego Convention Center: (858) 236-1212
- San Diego Mount Laguna Observatory: (858) 594-6182
- San Diego Museum of Art: (858) 232-7931
- San Diego Museum of Contemporary Art: (858) 459-3728
- San Diego Natural History Museum: (858) 232-3821
- San Diego Wild Animal Park: (858) 234-6541
- Sea World: (858) 226-3091
Del Mar and Saratoga Journals online daily at thoroughbredtimes.com
Beginning July 25, Thoroughbred Times on the Web (http://www.thoroughbredtimes.com) will bring you all the latest news and stakes reports each day from the Del Mar racetrack meeting and the Saratoga Race Course meeting.
The Del Mar Journal, written by Thoroughbred Times Southern California correspondents Steve Schuelein and Gene Williams, will provide up-to-the-minute reports seven days a week from one of the world's most prestigious race meetings.
You'll also be able to follow all the latest events at Saratoga Race Course's important meeting in the Saratoga Journal, written by New York correspondent Bill Heller and also kicking off on July 25.
Both features will be highlighted on the home page at http://www.thoroughbredtimes.com.
Del Mar calendar of events
July 26, every Saturday,Sunday, and Labor Day
Family Fun Day. Held in the infield from 1-6 p.m., except on Pacific Classic Stakes (G1) day and Labor Day, 11:30 a.m.-4:30 p.m. Family events to include pony rides, face painting, inflatable jumps, an obstacle course, and a giant slide.
Saturdays, Sundays, and Labor Day
Handicapping seminars. Free to the public and featuring a guest speaker who will handicap that day's races. Held in the Seaside Terrace at the west end of the grandstand. From 12:30-1:15 p.m., except on Pacific Classic (G1) day and Labor Day, 11:30 a.m.-12:15 p.m.
July 26-September 13
Del Mar racing. Live racing six days a week, Sunday, Monday, and Wednesday through Saturday at the Del Mar Fairgrounds. Post time 2 p.m. PDT, except on Fridays when post time is at 4 p.m., with nine races per day.
Camp Del Mar. A supervised day camp for children ages 5 to 12 years old. In cooperation with the Helen Woodward Animal Center, the camp will offer activities, games, and fun for children while their parents enjoy a day at the track. Opens when the gates open and closes 30 minutes following the last race of the day. The camp includes lunch, snack, and a T-shirt for each child.
Wednesday, July 26
Opening day. Oceanside S., $100,000, 3yos, 1 mile, turf.
One and Only Truly Fabulous Hat Contest, featuring prizes for the most glamorous, best racing theme, and the funniest/most outrageous.
Thursday, July 27
Pizza'n Ponies. Pick up a coupon at Pizza Hut and get a package deal to go to the races at Del Mar. Package for $10 includes admission, a program, a seat, a personal pan pizza, and a small drink. Held each Thursday during meet.
Friday, July 28
CTBA Stakes, restricted, $125,000-guaranteed, 2yo fillies, 5 1/2 furlongs.
Four O'Clock Friday. Post time 4 p.m., featuring a free concert held in the grandstand Plaza de Mexico.
Saturday, July 29
Osunitas H., $100,000, 3yos & up, fillies and mares, 1 1/16 miles, turf.
Bing Crosby Breeders' Cup H. (G2), $200,000, 3yos & up, 6 furlongs.
Jim Quinn's Simple Techniquest seminar held in the Joe Burnham Lounge from 12:30 p.m. to the end of the day. Held each Saturday.
Celebrate the Champions. Join co-chairs Barbara Harper and Claudia Munak, master of ceremonies Trevor Denman, and auctioneer Jack Van Berg for an evening of cocktails, dinner, and an auction. Dinner is followed by a special performance by Ben Vereen and musical director Nelson Kole. Begins at 6 p.m. and lasts until 10 p.m. Benefits undergraduate scholarships at University of California-San Diego and honors champions of the 1999 Del Mar race meet. Reservations required. $250 per person. For more information, contact (858) 792-4245.
Daybreak at Del Mar. Watch the horses work out and enjoy a track breakfast. Held from 7:30-9:30 a.m. each Saturday during meet.
Sunday, July 30
Fleet Treat S., restricted, $100,000, 3yo fillies, 7 furlongs.
Eddie Read H. (G1), $400,000-guaranteed, 3yos & up, 1 1/8 miles, turf.
Turf to Surf 5K Run/Walk and Kids 1K. Benefits Sharp Rehabilitation Programs. Registration is at 6:30 a.m., and race begins at 8 a.m. Participants receive a
T-shirt, free admission passes to the races, and other prizes.
Sports & Fitness Festival. Held during races, third annual festival will last all day and includes demonstrations such as bodybuilding and martial arts and appearances by prominent athletes. Also includes a rock-climbing wall, giant slide, and inflatable jump.
Monday, July 31
Carls Jr. Five-Star Monday. Pick up a coupon at any Carls Jr. restaurant to attend the races at Del Mar. Package includes admission, a program, a seat, a hot dog, and a small drink for $7. Held each Monday during meet.
Wednesday, August 2
Graduation S., restricted, $125,000-guaranteed, 2yos, 5 1/2 furlongs
Friday, August 4
Four O'Clock Friday. Post time 4 p.m., featuring a free Dave Wakeling concert in the grandstand Plaza de Mexico after the races.
Saturday, August 5
San Clemente H. (G2), $150,000-guaranteed, 3yo fillies, 1 mile, turf.
Doughnuts Day. Featuring free doughnuts, coffee, and orange juice. Open to the public. Watch the morning workouts and hear Trevor Denman interview jockeys, trainers. 8-10 a.m.
Sunday, August 6
San Diego H. (G3), $250,000-guaranteed, 3yos & up, 1 1/16 miles.
Wednesday, August 9
Jazz at Del Mar. Free Charlie Haden's Quartet West concert in Plaza de Mexico following the last race.
Friday, August 11
Four O'Clock Friday. Post time 4 p.m., featuring a free Royal Crown Revue concert in the grandstand Plaza de Mexico after the races.
Saturday, August 12
Clement L. Hirsch H. (G2), $300,000-guaranteed, 3yos & up, fillies and mares, 1 1/16 miles.
Chili Cookoff. Featuring the Western Regional Chili Cookoff and Salsa Contest held in the infield. Begins at noon and lasts until 5 p.m.
Free Ellis Star handicapping seminar from 12:30-1:15 p.m. in the Seaside Terrace.
Sunday, August 13
Sorrento S. (G2), $150,000-guaranteed, 2yo fillies, 6 1/2 furlongs.
Free Ellis Star handicapping seminar from 12:30-1:15 p.m. in the Seaside Terrace.
Del Mar Handicapping Contest. Free. Pick the winners and second-place finishers of races three through eight and win cash prizes and a chance to advance to the handicapping contest held in Las Vegas in November.
Fiesta Del Mar. Held in the infield and featuring Latino music and food, from 12:30-7 p.m.
Monday, August 14
Real Good Deal S., restricted, $100,000, 3yos, 7 furlongs.
California Thoroughbred Breeders Association Del Mar selected yearling sale. Held in Del Mar Horse Park beginning at 7 p.m.
Tuesday, August 15
California Thoroughbred Breeders Association Del Mar selected yearling sale at Del Mar Horse Park beginning at 6 p.m.
Wednesday, August 16
Palomar H. (G3), $125,000, 3yos & up, fillies and mares, 1 1/16 miles, turf.
Friday, August 18
Four O'Clock Friday. Post time 4 p.m., featuring a free concert by Common Sense in the grandstand Plaza de Mexico after the races.
Saturday, August 19
"Salute to Laffit Pincay Jr." Featuring autograph signing from noon-1 p.m., and a winner's circle tribute between races.
La Jolla H. (G3), $150,000-guaranteed, 3yos, 1 1/16 miles, turf.
Doughnuts Day featuring free doughnuts, coffee, and orange juice 8-10 a.m.
Sunday, August 20
Pat O'Brien H. (G2), $150,000-guaranteed, 3yos & up, 7 furlongs.
Del Mar Handicapping Contest. Free; win cash prizes and a chance to advance to the handicapping contest held in Las Vegas in November.
Wednesday, August 23
Best Pal S. (G3), $150,000-guaranteed, 2yos, 6 1/2 furlongs.
Pacific Classic Post Position Brunch. Open to the public and held in the Plaza del Mexico beginning at 10 a.m.
Friday, August 25
Four O'Clock Friday. Post time 4 p.m. Concert held after the races, featuring a band yet to be determined.
Saturday, August 26
Rancho Bernardo H. (G3), $150,000-guaranteed, 3yos & up, fillies and mares, 6 1/2 furlongs.
Pacific Classic S. (G1), $1,000,000-guaranteed, 3yos & up, 1 1/4 miles.
Free Pacific Classic Cap giveaway with paid admission.
Sunday, August 27
Del Mar Oaks (G1), $250,000-guaranteed, 3yo fillies, 1 1/8 miles, turf.
Del Mar Handicapping Contest. Free.
"Boxing at the Beach." Six four-round bouts after the races. Free.
Wednesday, August 30
Generous Portion S., restricted, $100,000, 2yo fillies, 6 furlongs.
Friday, September 1
Four O'Clock Friday. Post time 4 p.m. Free concert in the grandstand Plaza de Mexico after the races, featuring a band yet to be determined.
Saturday, September 2
Del Mar Debutante (G1), $250,000-guaranteed, 2yo fillies, 7 furlongs.
Jockey Photo Days. Bring a camera and have picture taken with your favorite jockeys. Held in the Plaza de Mexico from noon-1 p.m.
Daybreak at Del Mar, 7:30-9:30 a.m.
Sunday, September 3
Solana Beach H., restricted, $125,000, 3yos & up, fillies and mares, 1 mile, turf.
Jockey Photo Days, in the Plaza de Mexico from noon-1 p.m.
Sunday, September 3
Del Mar Breeders' Cup H. (G2), $250,000, 3yos & up, 1 mile.
Monday, September 4
Del Mar H. (G2), $250,000-guaranteed, 3yos & up, 1 3/8 miles, turf.
America's Day at the Races. Del Mar joins tracks throughout the United States in annual promotion.
Trainer Photo Days. Bring a camera and have picture taken with your favorite trainers. Held in the Plaza de Mexico from 11:15-12:15 p.m.
Wednesday, September 6
Trainer Photo Days, in the Plaza de Mexico from 11:15-12:15 p.m.
Friday, September 8
Four O'Clock Friday, featuring a concert by the Untouchables after the races.
Saturday, September 9
Ramona H. (G1), $400,000-guaranteed, 3yos & up, fillies and mares, 1 1/8 miles, turf.
Daybreak at Del Mar, 7:30-9:30 a.m.
Sunday, September 10
Del Mar Derby (G2), $300,000-guaranteed, 3yos, 1 1/8 miles, turf.
Monday, September 11
I'm Smokin S., restricted, $100,000, 2yos, 6 furlongs.
Wednesday, September 13
Closing Day: Del Mar Futurity (G2), $250,000-guaranteed, 2yos, 7 furlongs.
Party to be held in the paddock following the races and featuring The Heroes band.
