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Pinhook Market Trends Point to ‘Up’ Market in 2018

MarketWatch: Yearling-to-juvenile pinhooks

 

If the recent cycle of North America’s 2-year-olds in training market stays true to form, this year should be an “up” year for yearling-to-juvenile pinhookers. The market has been on a moderate roller coaster since 2014, with the percentage of profitable horses sold ranging between 41% and 50%. The rate of return has fluctuated more, ranging from 25% to 55% during the past five years but on a generally upward curve.

Profitability and ROR are derived from similar assumptions. A horse is considered profitable if its 2-year-old price minus a 5% sale commission exceeds the yearling sale price plus $20,000 for the cost of breaking, training, and upkeep. ROR is the percent difference between the average yearling price plus maintenance cost and the average net 2-year-old price.

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Statement from National HBPA on Racehorse Safety

The National HBPA understands everyone in the Thoroughbred racing industry loves and has steadfast passion for our equine athletes. We know that owners, trainers and jockeys who deal each day with these amazing animals understand this deep connection. To those of us who have lived this life, our horses are members of our family. The loss of one horse causes concern for every racetrack, every employee and every equine organization in the industry.

The National HBPA and our affiliates stand fast in the promotion of safety in and for the racetrack, as well as surface testing and equine safety and welfare initiatives.

The NHBPA applauds the California horsemen’s groups, the California Horse Racing Board and the track ownership and management at Santa Anita in utilizing all the expertise available to study and resolve the current issue because we believe the safety of the horse and rider is the number one priority of the industry.

We are certain the thorough investigation underway will result in a safer environment for our equine and human athletes as we continuously strive for the safest conditions.

NEW DATE! Celebrate Louisiana Bred Thoroughbreds at the LTBA Annual Meeting and Awards Banquet, Sunday, March

Celebrate
Louisiana Bred Thoroughbreds

at the
LTBA Annual Meeting and Awards Banquet
Sunday, March 31st

Dear LTBA Member:

You are cordially invited to attend our 2019 Annual Membership Meeting, at Equine Sales Company of Louisiana, in Opelousas, LA on Sunday March 31, 2019. Doors will open at 2:30 pm.

Awards will be presented to the breeders and owners of the outstanding accredited Louisiana Bred Horses of 2018 as well as the overall Horse of the Year. From 3:00 pm till 7:00pm  Equine Sales Company Sale Arena will be the site as awards will be presented to the owner of the leading Stallion, the owner of the Broodmare of the Year, the Leading Breeder of 2018, as well as the High Percentage Breeder of the Year. See the attached sheet of this year’s champions.

As a special treat, this year we will have someone from The Jockey Club on hand to explain and to answer the many questions on micro chipping. This is a big change for everyone, so expect to learn something.

Our program will also include live entertainment. As we combine the 2yo in training sale with our awards banquet we expect a large crowd as well as fun for everyone.

Sincerely,
Roger A. Heitzmann III
Secretary / Treasurer

 

What:       LTBA Annual Meeting and Awards Banquet
When:      Sunday, March 31st, 3:00 p.m.
Where:     Equine Sales Facility,
372 Harry Guilbeau Road   Opelousas, Louisiana  70570

 

Any questions or need more info call

Roger A. Heitzmann III, Secretary/Treasurer

Louisiana Thoroughbred Breeders Association

504-947-4676, 800-772-1195

LTBA Announces 2018 Louisiana Bred Champions

LTBA Contact:
Roger Heitzmann
(504) 947-4676
roger@louisianabred.com
The Louisiana Thoroughbred Breeders Association has announced the results of the 2018 Accredited Louisiana Bred Champions, 2018 Stallion of the Year, 2018 Broodmare of the Year and Breeders of the Year.

2yo filly ~ Midnight Fantasy
2yo colt or gelding ~ Classy John
3yo filly ~ Testing One Two
3yo colt or gelding ~ Givemeaminit
4 & up filly or mare ~ Ours To Run
4 & up male ~ Monte Man
Broodmare of the Year ~ Street Beat
Stallion of the Year ~ Star Guitar
Breeder of the Year ~ Red River Farm, LLC
High Percentage of Stakes Winners Breeder ~ James McIngvale

Accredited Louisiana Bred Champions and Broodmare of the Year are selected by a vote of the membership. Leading Stallion and Leading Breeders are based on statistics.
Award presentations will be made at the 2019 Annual Meeting on Sunday, March 31, 2019, at Equine Sales of Louisiana, in Opelousas, when the overall “Horse of the Year” will be revealed. This year’s Annual Meeting and Awards Banquet are being held following the Breeze Show for the Equine Sales 2-Year-Olds in Training Sale.

Congratulations to all.

See below for complete results.

 

For more information, please call 1-800-772-1195 or visit louisianabred.com.

National HBPA Convention: Finding Ways To Do Things Better

Finding ways for horse racing to do things better is the overarching theme of the National HBPA Convention March 12-16 at the Sheraton Sand Key Resort in Clearwater Beach, Fla.

That also is the mission of the new Thoroughbred Idea Foundation, a horse-racing think tank whose representatives form the March 13 keynote panel at the annual convention staged by the National Horsemen’s Benevolent & Protective Association and its affiliates in the United States and Canada. Launched last May, the Thoroughbred Idea Foundation already has issued a trio of white papers on horse racing and legal sports betting, when interference should result in a disqualification and rounding down to the penny in mutuel payoffs.

The Thoroughbred Idea Foundation’s stated goal is “to improve the thoroughbred racing industry for all stakeholders, especially its primary customers – gamblers and owners – through the exchange, curation and advocacy of sound, data-driven ideas, shared with and implemented by the sport’s existing entities.” TIF is funded by individuals and accepts no money from industry organizations.

Panelists are Glen Hill Farm president and think-tank founder Craig Bernick, along with TIF board members Jack Wolf of Starlight Racing and horse owner-breeder Corey Johnsen of Arizona Downs and Kentucky Downs. Moderating the panel will be Justin Nicholson, a TIF board member and co-founder of Equestricon.

“I continue to try to keep the keynote address about the positiveness and what’s working in the industry,” Hamelback said. “I certainly see this panel as that. This group and their board as a whole are very bright individuals who are all vested in the industry. They have a passion to make this industry as successful as possible, not just sit by and be status quo.

“We’re in a time where our industry is poised for growth if people will take heed of the changes that we should and could make…. These are people who want this industry not only to survive but to thrive.”

Other panels and presentations include:

  • “Putting the ‘We’ in Equine Welfare” kicks off the March 13 programming by exploring what animal welfare really means, who decides what is and isn’t good welfare and why the industry must get involved in the debate. The session will be presented by Dr. Jennifer Durenberger, the New York Racing Association’s chief examining veterinarian, an accredited steward, industry consultant and attorney.

“It makes you think about what some of these activists see and things we can do to make it better,” said Hamelback, who has seen Durenberger’s presentation. “It’s dependent on how we treat our equine athlete as to how our industry moves forward, as much as growing owners and handicappers.”

  • “Accessing Our Industry’s Stats Into The Future” will discuss owners asserting their rights to statistical data collected on their horses’ performances, including gaining input on how it is used. The panel comes as Equibase is testing GPS systems to collect race and workout data of horses.
  • Michele Fischer, president of the Darting Star consulting company whose expertise includes wagering systems around the world, will make a presentation about the future of fixed-odds betting at American racetracks, including the positive impact it has had in Australian racing.
  • John Marshall, senior vice president and general manager of Virginia’s revived Colonial Downs, is the guest speaker at the awards luncheon. Among those to be recognized is 2018 Claimer of the Year Persie, the Penn National-based winner of 10 of 17 starts in claiming and starter-allowance races for owner Bush Racing and trainer Lester Stickler.
  • Dr. Steve Vickner, an economist and associate professor in the University of Louisville’s Equine Industry Program in the College of Business and specialist in data analytics, will present factors affecting handle in thoroughbred and standardbred races based on extensive research at Toronto’s Woodbine Racetrack as part of the convention’s March 14 programming.

“That’s the kind of thing we need to know if we’re going to have pertinent industry discussions on how to change things, and what we’re doing already that is a win so we don’t have to focus on that part,” Hamelback said.

  • The public portion of the convention concludes the morning of March 15 with the annual Kent Stirling Memorial Scientific Panel, which will continue to delve into one of the most important topics facing horsemen: the dangers of environmental contamination and inadvertent transfer of impermissible substances to horses. This session focuses on naturally occurring substances in feed, forage and bedding and how horsemen can protect themselves.

“We have to be cognizant what’s in the barn,” Hamelback said.

The Tampa Bay Downs HBPA is the host affiliate, including sponsoring an afternoon at Tampa Bay Downs on March 15.

View the complete agenda, speakers and panelists here.

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

(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.

Bridgmohan to Miss Remainder of Fair Grounds Meet

Shaun Bridgmohan
Shaun Bridgmohan

Coady Photography

Bridgmohan to Miss Remainder of Fair Grounds Meet

Jockey suffered broken collarbone March 5 in Mardi Gras Stakes spill.

Jockey Shaun Bridgmohan confirmed via Twitter that he will miss the remainder of the Fair Grounds Race Course & Slots meet, which concludes March 24.

According to his agent, Anthony Martin, Bridgmohan, 39, suffered a broken right collarbone after being unseated from his mount, Oxford Comma, in midstretch of the Mardi Gras Stakes March 5. Oxford Comma was vanned off and humanely euthanized. “He’ll [Bridgmohan] see the orthopedic doctor tomorrow, and he’ll go for surgery on Friday,” Martin said. “I think four to six weeks is the recovery time.”

 

DISCUSSION OF REGULATION AND TESTING ON DAY 2 OF 2019 REGULATORY VETERINARIAN CONTINUING EDUCATION CONFERENCE

An emphasis on regulating medication and developing enforcement strategies marked the second and final day of the Regulatory Veterinarian Continuing Education conference (#RegVetCE19) presented by the Racing Medication and Testing Consortium (RMTC) and National Thoroughbred Racing Association (NTRA) Safety & Integrity Alliance at Gulfstream Park in Hallandale, Fla., March 4-5.

The morning was highlighted by an informative panel on U.S. and international out-of-competition testing strategies. Dr. Rick Arthur of the California Horse Racing Board, Dr. Tessa Muir of the British Horseracing Authority (BHA) and Dr. Izzy Trejo of the New Mexico Racing Commission covered subjects such as hair testing and the scope of substances that should be included when performing out-of-competition testing.

Testing matters were further discussed in a talk by UC Davis’s Dr. Ashley Hill on scientific threshold level development and the 95/95 threshold interval, and on a later panel that focused on laboratory issues including sample turnaround logistics and unknown substances. The panel was led by Dr. Lynn Hovda of the Minnesota Horse Racing Commission and featured representatives of RMTC-Accredited testing laboratories, Dr. Anthony Fontana of Truesdail Laboratories and Petra Hartmann of Industrial Laboratories.

Dr. Mary Scollay, equine medical director for the Kentucky Horse Racing Commission, presented on the purpose and philosophy behind therapeutic medication regulations, and regulating substances present in the racehorse’s environment.

Afternoon sessions included a talk led by Zoetis’s Dr. Kenton Morgan on adulterated substances, compounded and illegal new medications, misbranding and mislabeling.

The event concluded with a detailed comparison of U.S. and international medication regulations. This discussion featured BHA’s Dr. Muir, RMTC Executive Director and COO Dr. Dionne Benson, and RMTC Chair and NTRA President Alex Waldrop.

“[RegVetCE] was a great reminder that we are here for the welfare of the horse, first and foremost,” stated Meredith A. Steudle, DVM of the New Jersey Racing Commission. “The networking that is created during conferences like this helps us develop strategies to do our job better.”

The sold-out event, which attracted more than 60 regulatory and official racetrack veterinarians from 20 states and six countries (and covering almost 50 North American racetracks), was organized by RMTC’s Dr. Benson and Steve Koch, executive director of the NTRA Safety & Integrity Alliance.

“The 2019 Regulatory Veterinarian CE conference marked another successful event, which is evidenced by the group of attendees and significant industry support,” said Dr. Robert O’Neil, director of equine health and safety for The Stronach Group. “Our sport’s equine athletes will certainly benefit from the support that continuing education provides veterinarians in the field – from developing their networks and skill sets to expanding access to critical resources. This annual gathering has become the gold standard in training regulatory veterinarians.”

Koch added, “Industry support is a critical component of the RegVetCE’s continued success. Gulfstream Park has generously supported RegVetCE, both financially and as a first-class event host, and we are grateful to The Stronach Group for their leadership on this project.” “The event’s financial supporters are crucial to ensuring that we continue to provide a robust program.”

Koch continued, “We are also grateful to the racing commissions and racetrack operators for enabling the travel and participation of their regulatory veterinarians, and to our U.S. and international panelists, who provided highly thoughtful, scientific content.”

The Regulatory/Official Veterinarian CE is made possible through the generous support of The Stronach Group, Keeneland Association, RMTC, NTRA Safety and Integrity Alliance, Hagyard Equine Medical Institute, New York Racing Association, ALS-Truesdail, Industrial Laboratories, American Association of Equine Practitioners, American Quarter Horse Association, Del Mar Thoroughbred Club, Florida Thoroughbred Breeders and Owners Association, The Jockey Club, Kentucky Thoroughbred Association, Lone Star Park at Grand Prairie, New York Thoroughbred Horsemen’s Association, Oak Tree Racing Association, Ohio HBPA, Remington Park Racing and Casino, and Texas A&M Veterinary Medical Diagnostic Laboratory.

For an overview of all topics covered over the two-day conference, visit ntra.com/reg-vet-ce/.

The RMTC consists of 23 racing industry stakeholders and organizations that represent Thoroughbred, Standardbred, American Quarter Horse and Arabian racing. The organization works to develop and promote uniform rules, policies and testing standards at the national level; coordinate research and educational programs that seek to ensure the integrity of racing and the health and welfare of racehorses and participants; and protect the interests of the racing public.

The NTRA Safety & Integrity Alliance is a standing organization establishing standards and practices to promote safety and integrity in horseracing and to secure their implementation. Corporate partners of the Alliance include Insurance Office of America and Hagyard Equine Medical Institute. Information on the Alliance, including the Alliance Code of Standards, can be found at NTRAalliance.com.

For additional information, visit the RMTC website at rmtcnet.com or contact Hallie Lewis, RMTC communications and development consultant, at (859) 759-4081.

Oaklawn May Split Rebel Stakes to Help Horsemen

In an unprecedented move, the Oaklawn Jockey Club announced today [March 6, 2019] that it stands ready to split the $1 million Rebel Stakes on Saturday, March 16.

The announcement came just hours after Santa Anita racetrack in California announced it is suspending racing indefinitely due to poor weather and track conditions. The Santa Anita suspension has the potential to upend traditional West Coast prep races for the Kentucky Derby.

If the Rebel is split, each division will carry a purse of $750,000, and each division will offer 63.75 qualifying points for the Kentucky Derby.

In making the announcement, Oaklawn President Louis Cella said he hopes the situation in California resolves itself quickly, precluding any reason to split the Rebel. “But if that is not the case, Oaklawn stands ready to help horsemen around the country,” said Cella.

Cella added, “From a financial standpoint, splitting the race makes no sense whatsoever. If we split it, it will be strictly on the basis of sportsmanship and what is best for the sport and best for top three year olds trying to get to Kentucky.”

Cella said both divisions of the Rebel would need to attract a minimum of ten runners in order to justify the split.

According to Oaklawn general manager Wayne Smith, track officials were on the phone all day Wednesday with horsemen around the country. “Plus we reached out to Arkansas Racing Chairman Alex Lieblong and to Bill Walmsley, president of the Arkansas division of the HBPA. Both gentlemen were completely supportive of our offer.”

The deadline for nominating to the Rebel Stakes was to have been midnight, March 7. But, Smith said the deadline is going to be pushed back to midnight, Friday, March 8.

If the Rebel is split, it will be first time in American racing history for a million dollar race to be split and run in two divisions.

Santa Anita Cancels Racing ‘Indefinitely’ Over Concerns Of Fatalities And Track Surface

In the wake of an alarming number of fatal injuries sustained by horses racing and training at Santa Anita Park since the Dec. 26, 2018, opening day, racing has been cancelled indefinitely, according to a published report in Daily Racing Form.

The announcement was conveyed to the newspaper by Tim Ritvo, chief operating officer of the Racing and Gaming division of The Stronach Group, owner of Santa Anita. Ritvo did not offer a date racing would resume, but said this weekend’s live programs featuring Saturday’s Grade 1 Santa Anita Handicap and Grade 2 San Felipe – the latter a major prep for the Grade 1 Santa Anita Derby and a points race for the Grade 1 Kentucky Derby – would not be held.

Read complete Paulick Report Article

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