2017 Fasig-Tipton November Sale

[BaroqueAgain1]

For the price to keep going up like that, it probably was one of the heavy hitters; Coolmore, Godolphin or Mr. Yoshida. Or maybe all of them?

[Somnambulist]

Very few people have insanely deep pockets. I wonder when Pope stops shelling out like this. It's not like she's returned much profit yet.

[Izvestia]

I wonder the same thing Som. The math doesn't add up. She has 2 mares she's bought for $19.5 million... has she sold any yearlings close to recouping that? That doesn't include all of the other mares she's bought. The chances of breeding to race and making it back are virtually impossible. What's the plan here?

[Northport]

She could have started recouping some of the $10m spent on Havre De Grace. Havre De Grace's 2015 colt by War Front was a $1.9m RNA at KEESEPT16 after "A mix up regarding the reserve"

https://www.bloodhorse.com/horse-racing ... illion-rna

The whole thing was a bit of a cluster, and it sounded like Pope was still open to selling the foal for a "reasonable price" aka not the 1.9m it had attracted during the sale?

[Life At Zen]

No the previous owner has to pay the stud fee before selling the mare.

How does that work then if the foal doesn't survive?

[Macaroni]

American Pharoah's foal o/o Untouched Talent went to Narvick International - does this mean she'll only ever be used as a broodmare and will never race? That would be a HUGE shame.

[Summer Bird]

No the previous owner has to pay the stud fee before selling the mare.

How does that work then if the foal doesn't survive?

Only thing I can think of is the previous owner is out of luck or they give him/her a refund. I worked in a Thoroughbred Farm office and we had to make sure the stud fee was paid before the mare went to the sale.

[Somnambulist]

She could have started recouping some of the $10m spent on Havre De Grace. Havre De Grace's 2015 colt by War Front was a $1.9m RNA at KEESEPT16 after "A mix up regarding the reserve"

https://www.bloodhorse.com/horse-racing ... illion-rna

The whole thing was a bit of a cluster, and it sounded like Pope was still open to selling the foal for a "reasonable price" aka not the 1.9m it had attracted during the sale?

I forgot about this mishap.

This is soooo much money. Obviously she knows her finances better than I do but this is some pretty crazy money to toss around on unproven prospects. Especially when people just lose money hand over fist in racing.

[Horsebagger]

No the previous owner has to pay the stud fee before selling the mare.

How does that work then if the foal doesn't survive?

Only thing I can think of is the previous owner is out of luck or they give him/her a refund. I worked in a Thoroughbred Farm office and we had to make sure the stud fee was paid before the mare went to the sale.

If you don't pay the stud fee in advance of the sale, the horse is going to get liened by the stallion farm, and they'll get their fee paid out of proceeds anyway.

[Treve]

Isn't Pope mostly an heiress? I remember reading somewhere she was more like a collector with goals of improving the breed, rather than making money. Like the rich owners of old who approaching racing as a hobby and a prestige thing more than a business.
Dunno how that'll work out for her if that's the case but I suppose if she has a solid long term plan then maybe she'll start to see the fruits of her labour in a decade or so?
I mean I can't even wrap my head around having that much disposable income to begin with so I don't hurt myself trying to understand the motive. Maybe she has an addiction to collector's mares