Category: Texas

Texas Horse Racing To Get Purse Boost From New Law Diverting Sales Tax On Horse Products

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As much as $17.5 million per year could be used to support Thoroughbred and Quarter Horse purses in Texas as a result of legislation signed into law last weekend by Gov. Greg Abbott.

House Bill 2463 diverts sales taxes on horse feed, tack and other horse-related products and services from the state’s general fund to an escrow account established by the Texas Racing Commission and capped at $25 million annually. No more than 70% of the funds in the escrow account may go toward purses. If the escrow account reaches $25 million, that would be an additional $17.5 million in purse money annually, virtually doubling the current amount, based on an economic study conducted by TXP Inc. consultants.

 

Read Paulick Report Article Here

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Texas 2-Year-Olds in Training Sale Moved to April 10

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The Texas 2-Year-Olds in Training Sale, originally scheduled for April 9, has been moved to Wednesday, April 10, at 12 noon. The undertack show will be held on the originally scheduled date of Sunday, April 7, at 10 a.m. Both the auction and undertack show will be held at Lone Star Park, which co-sponsors the sale with the Texas Thoroughbred Association.

            “After talking with some of our major buyers, and confirming that our consignors were in support of the change, we decided to move the date back a day,” said Tim Boyce, sales director. “We think this new date on April 10 will allow as many buyers as possible to attend in person, and as always we will accept phone bids from those who cannot.”

            For more information about the sale, including replays after the undertack show and live video of the auction, go to www.ttasales.com.

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More Than 135 Head Consigned to Texas 2-Year-Olds in Training Sale

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(Austin, TX — March 7, 2019) The Texas Thoroughbred Association, in partnership with Lone Star Park, has announced a catalog of more than 135 hips for the Texas 2-Year-Olds in Training Sale to be held Tuesday, April 9, at the Dallas-area track. The sale will start at 12 noon, with the undertack show set for 10 a.m. on Sunday, April 7, at Lone Star.

 

This year’s catalog is larger than last year, when a total of 106 horses went through the ring. The offering this year also features a stronger group of sires, with national stallions including Kitten’s Joy, Malibu Moon, Uncle Mo and Union Rags all included. As always, the majority of leading stallions in the Southwest region are also represented, including Astrology, Custom for Carlos, Half Ours, My Golden Song and Too Much Bling.

 

“Our consignors have really stepped up again this year and continue to bring better quality 2-year-olds, and I think the list of stallions in this catalog really proves that,” said Sales Director Tim Boyce. “I’m looking forward to seeing what these horses do in the undertack show.”

 

All sale graduates will be eligible for the Texas Thoroughbred Futurity, run in divisions for fillies and colts/geldings at $100,000-estimated apiece this summer at Lone Star.

 

“We’ve had horses from this sale win all around North America, but it’s a nice bonus for buyers to know that they can shoot for a big purse at Lone Star just a few months after the sale,” added Boyce.

 

The interactive catalog, which will include photos and videos after the undertack show, is now online at www.ttasales.com. The auction will also be broadcast live on the website.

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Louisiana Bred Songandaprayer Filly Tops Texas Yearling and Mixed Sale

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Hip 83 (Photo courtesy Clear Creek Stud)

A Louisiana-bred filly by Songandaprayer topped the yearling session of Monday’s Texas Summer Yearling and Mixed Sale at Lone Star Park. Held jointly by the Texas Thoroughbred Association and the track, the auction reported 44 of 82 yearlings sold for a total of $414,300. The median jumped 72.2 percent from last year’s mark of $4,500, and the average dropped from $11,556 to $9,415 this year. The buy-back rate this year was 46.3 percent.

Last year the yearling session grossed $681,800 with 59 of 90 sold.

Susan Naylor signed the ticket on the sale-topper with a price of $30,000 on hip 83. The March filly from the consignment of Clear Creek Stud, agent, is out of the stakes-placed Lion Heart mare Those Lion Eyes, whose one foal to race is a winner.

“Obviously we would have liked to see some bigger numbers today, but overall the middle and lower-end of the market seemed fine,” said Tim Boyce, sales director. “We just didn’t have the really exceptional individuals we had last year, so the average was down a bit but it’s encouraging that the median jumped almost 75 percent. It was also good to see the mixed session numbers jump compared to last year.”

In the mixed session this year, 18 of 24 head sold for $93,100 with an average of $5,172 and a median of $2,350. Those numbers compared favorably to last year’s mixed session that grossed $30,000 with 13 of 36 head sold for an average of $2,357 and median of $1,400.

The highest-priced horse in the mixed session was a weanling filly by Too Much Bling who sold for $19,000 to Naylor from the consignment of Benchmark Training Center, agent for the Estate of Ed Few. A good portion of the mixed session was composed of horses from Few, one of the state’s leading breeders and owners who passed away in April.

The Texas 2-Year-Olds in Training Sale is next up on the sale calendar at Lone Star and will be held April 9.

For hip-by-hip results, click here for the yearling results or click here for the mixed results.

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Nearly 120 Head Consigned to Texas Summer Yearling and Mixed Sale

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The Texas Thoroughbred Association and Lone Star Park have announced a catalogue of 119 head for the upcoming Texas Summer Yearling and Mixed Sale. The auction will be held August 27 at 12 noon at the Texas Thoroughbred Sales Pavilion on the grounds of Lone Star Park.
Other sale events include a pre-sale party on the night of August 26 and a seminar that morning with representatives from The Jockey Club and equineline.com explaining the new digital certificates for foal registration. The seminar will include a demonstration of the new process and a question and answer session, so the TTA encourages all horsemen to attend in order to better understand the upcoming changes.
The catalogue includes 90 yearlings and 29 weanlings and broodmares. Many of the weanlings and broodmares are consigned by the Estate of Ed Few. The noted Texas breeder and owner passed away earlier this year.
“I think the quality of the catalogue has ticked up a notch this year,” said Tim Boyce, sales director. “We had two Texas-breds sell at this auction for $100,000 apiece last year, and that really proved that the market is still vibrant here for horses in Texas and around the region.”
For an online catalog and live video on sale day, go to www.ttasales.com.
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Texas Juvenile Sale Posts Increased Gross, Average Nearly Steady

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(Austin, Texas – April 10, 2018) — Tuesday’s Texas 2-Year-Olds in Training Sale on the grounds of Lone Star Park concluded with a sizable increase in gross sales and a slight decrease in average compared to last year’s smaller catalogue. A total of 106 horses went through the ring at the sale operated by the Texas Thoroughbred Association in partnership with Lone Star Park and 84 horses found new homes. Last year’s auction included 93 head with 70 selling.

Gross sales this year totaled $2,161,900, up 15.4% from last year’s mark of $1,873,900. This year’s average was $25,737, down 3.9% from last year’s $26,770, and the median slipped 18.2% from $16,000 to $13,100. Buybacks this year came in at 20.8% compared to 24.7% last year.   

“I was really pleased that we attracted a larger catalogue this year after last year’s successful sale, and it was great to see the average almost the same with a nice increase in the gross,” said Tim Boyce, sales director. “We had four horses sell for more than $100,000 with a Texas-bred, Louisiana-bred and two Kentucky-breds, so that shows the variety of quality offerings we had.”

A Louisiana-bred filly named Charlotte G by promising young Louisiana stallion Bind topped the sale with a $140,000 bid from Gary Simms, agent for M&M Racing. The April 30 foal was one of two horses to work the fastest time of :10.2 during Sunday’s under tack show at Lone Star. She is the first foal out of the unraced Summer Bird mare Promise Me G, whose family includes Grade 3-winning Texas-bred Promise Me Silver.

Three other horses cracked six figures, including a Texas-bred colt by Texas stallion Grasshopper who sold for $120,000 from Wolf Creek Farm, agent. Another purchase by Gary Simms, agent for M&M Racing, the colt is a full brother to multiple stakes winner Supermason, an earner of $331,985. He clocked an eighth-mile in :10.4.

Also selling for $120,000 was a filly by Uncle Mo who is a half sister to Grade 1 winner Romance is Diane and Grade 2 winner Romanceishope. Consigned by Inside Move Inc., agent, and purchased by Swan Equine Co., the Kentucky-bred worked :11.2 in the under tack show.

The other six-figure horse was a Kentucky-bred colt by Twirling Candy who sold for $110,000 to Susan Moulton from Twin Oaks Training Center, agent. The March foal covered an eighth-mile in :10.3 to tie for the second-fastest time.

Full results are available at www.ttasales.com.

Next up on the Texas sale calendar is the summer yearling sale on August 27.

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Louisiana Bred Filly by Bind and a Munnings Colt Post Fastest Breezes for Texas Juvenile Sale

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(April 8, 2018 – Austin, Texas) — A colt by Munnings and a filly by Bind both clocked a co-fastest eighth-mile in :10.2 during Sunday’s under tack show for the Texas 2-Year-Olds in Training Sale at Lone Star Park. The horses worked against a moderate headwind on a chilly day at the Dallas-Fort Worth area track in advance of the auction set for Tuesday at 12 noon Central.
“There were some impressive works today even if the times don’t fully reflect that,” said Tim Boyce, who manages the sale for the Texas Thoroughbred Association in partnership with Lone Star Park. “We had a good crowd on hand despite having temperatures in the 40s, and with a larger catalogue than we had last year we expect to see some new buyers on Tuesday. We’ve also upgraded our video services so that will be an enhancement that both buyers and consignors will see.”
Hip94_2018Texas2yo
Denis Blake photo

Hip 94, a Louisiana-bred daughter of Bind named Charlotte G, was the first to work :10.2. The April 30 foal from the consignment of Twin Oaks Training Center, agent, is the first foal out of an unraced Summer Bird mare from the family of Texas-bred graded stakes winner Promise Me Silver.

Hip 95, an unnamed Texas-bred colt by Munnings, equaled that time over the Lone Star surface. Also consigned by Twin Oaks Training Center, agent, the unnamed March 18 foal is out of the stakes-placed Seneca Jones mare Proudtobeajones, who has produced four winners including $94,365 earner Proud Player.

Hip95_2018Texas2yo
Mary Cage photo
Videos of the under tack show will be online this evening at www.ttasales.com, and live video of Tuesday’s sale will also be available on the website.
Click link below for a table of all breeze times
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Catalogue for Texas Two-Year-Olds in Training Sale Continues to Grow

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(Austin, TX – February 28, 2018) — A total of 126 head have been consigned for the Texas Two-Year-Olds in Training Sale on April 10starting at 12 noon at the Texas Thoroughbred Sale Pavilion at Lone Star Park. The under tack show is set for April 8 at 11:00 a.m. at the track located in the Dallas-Fort Worth metroplex.

This catalogue represents a 20-percent increase in the number of head compared to last year, and the sale has also eclipsed itself with a considerably-improved quality in pedigrees. Such national sires as Blame, Congrats, Curlin, Flat Out, Gemologist, Into Mischief, Jimmy Creed, Kantharos, Kitten’s Joy, Munnings, Orb, Paynter, Point of Entry, Shanghai Bobby, Stay Thirsty, Street Boss, Street Sense, Tiznow, Twirling Candy and Uncle Mo give evidence that the sale has surged upward after the solid performance of last year’s auction. Cairo’s Prince and Will Take Charge lead a list of first-year sires that includes Can the Man, Cross Traffic, Goldencents, Moro Tap, Shakin It Up and Sum of the Parts. Leading the regional sire contingent is Texas’ leading sire Too Much Bling, with solid company from Closing Argument, Euroears, Grasshopper, Half Ours, Intimidator, My Golden Song and Special Rate.

The sale again features a unique interactive online catalogue where consignors can post photos and videos as well as the pedigrees of their sale horses for buyer perusal prior to the gallop show. This year the gallop show is being filmed by the Ocala, Florida-based group Dillon Video and Photo and is expected to be online shortly after the gallop show on April 8. 

“I am very excited about this year’s sale,” commented Sale Director Tim Boyce. “Along with the solid increase in numbers and quality, I look forward to working with the Dillon crew for the production of our under tack show. This is something the market has wanted, and I am glad we are able to give it.”

The cover of this year’s catalogue features the 2017 winners of both divisions of the Texas Thoroughbred Futurity at Lone Star Park, Carl Moore and Brad Grady’s Galactica and Susan Moulton’s Janae. Both horses went through the ring at last year’s two-year-old sale and gave early returns to their owners. The two divisions of the race this summer are estimated to have purses of $100,000 apiece.

This will mark the third juvenile sale held by the Texas Thoroughbred Association in partnership with Lone Star Park. The 2016 auction featured 85 head, and the catalogue grew to 105 head last year.  

“It’s very gratifying to see that we’ve been able to attract about 20 more head each year,” said TTA Executive Director Mary Ruyle. “Our goal was to re-establish a viable marketplace for consignors and buyers from around the Southwest, and the increased catalogue size each year shows that we are on the way to doing that.”

Catalogues will be mailed out the first week of March. The sale can now be viewed on the TTA Sales website at www.ttasales.com as well on the Equineline Sales Catalogue app.

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Lone Star Announces 2018 Purse Increase Of Up To 25 Percent On Overnight Races

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Lone Star Park has announced an increase in overnight race purses for the 2018 Thoroughbred season which opens April 19. All overnight races will see an increase of $2,000 each in purse money. Some overnight race categories will see as much as a 25% gain in their purses. No race throughout the 44-day season will have less than $10,000 in purse money offered.

This is the most significant increase to Thoroughbred purses in a decade. Track officials cited handle gains in all three categories (on-track live, off-track and simulcasting) as the major source of funding for the purse increase. And with a few less race days this year the track was able to share the monies that would have been allocated to those races.

“We are proud to offer our horsemen the benefit of this increase,” said Bart Lang, Lone Star Park’s Director of Racing. “We offer the longest race meeting with the most race days and the best overnight purses in the state. Our goal this spring is to build on the gains in handle we saw last year during our Thoroughbred season.”

The stable area opens on Monday, March 19. The track will open for training on Wednesday, March 21. Official workouts will begin on Monday, March 26.

Lone Star Park looks forward to welcoming horsemen for our 2018 Thoroughbred Racing Season which runs through Sunday, July 22.

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Texas Thoroughbred Association Sets 2018 Sale Dates

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The Texas Thoroughbred Association, in partnership with Lone Star Park, has announced its sales dates for 2018.

The Texas 2-Year-Olds in Training Sale will be held April 10 with the under tack show set for April 8. Horses will breeze over the Lone Star Park track, and the sale will be held at the Texas Thoroughbred Sales Pavilion on the backside.

The entry deadline for the 2-year-old sale is January 15, and all sale graduates will be eligible for nomination to the 2018 Texas Thoroughbred Sales Futurity to be run at Lone Star with two divisions and an estimated purse of $100,000 apiece.

The Texas Summer Yearling Sale has been scheduled for August 27, also at Lone Star.

This will mark the third year for the Texas sales under the operation of TTA and Lone Star Park after taking over for Fasig-Tipton. This year’s 2-year-olds in training sale posted an average of $26,770 and gross sales of $1.874 million, compared to an $18,515 average and $981,300 in gross sales a year earlier.

“We have seen tremendous growth in the 2-year-old sale this year, as I think buyers and consignors from around the Southwest region responded to the stability we have brought to the auction market here,” said Tim Boyce, sales director. “I know quite a few buyers who found some nice pinhooking prospects at our yearling sale, so we expect to see some of those horses again.”

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