American Pharoah Yearlings will Bring Big Money in Australia

American Pharoah Yearlings will Bring Big Money in Australia

American Pharoah Yearlings will Bring Big Money in Australia

American Pharoah Yearlings have been bringing big money all over the world and the Australian first sales season in Australia is expected to bring the same level of interest. His first in-foal mares sold for Aus$850,000, Aus$750,000, Aus$500,000, Aus$500,000 etc.

His first US crop have sold for Aus$2,100,000, Aus$1,600,000, Aus$1,400,000, Aus$1,400,000, Aus$1,400,000, Aus$1,200,000 etc.

We would expect American Pharoah to average AUD$360k at the Australian sales on debut, the estimate was made via our own algorithm taking in to account the performance of other US dirt stallions in Australia historically and the discount to US valuations, European prices are also a reasonable guide to how well a horse is perceived in what is essentially a turf market, this is the first year we have used the valuation model so it will be interesting to see how it performs.

France Sets the Pace

The first of only two yearlings by Triple Crown hero American Pharoah to go through a European sales ring this season (lot 34 ) fittingly went the way of Coolmore’s M.V. Magnier, who offered €750,000 to outbid Phoenix Bloodstock.

The athletic bay was the second highest priced yearling sold on day one and is a half-sister to the Group I Yorkshire Oaks and Prix Vermeille heroine Shareta from stakes-winner Shawara and was consigned by Haras d’Etreham.

“She is a beautiful individual out of a Group 1 producer and Bob Baffert has always said that American Pharoah could have been just as good on the grass,” expressed Magnier.

“My grandfather founded Ballydoyle on American dirt horses —that’s where Galileo comes from, that’s where Sadler’s Wells came from. It all goes back to the American Classic horse. And we strongly believe in American Pharoah. He really could be the next big thing. Be it him, or Justify, we think that a horse of that type can once again have a transforming impact on European bloodlines. So that’s what we want to do: to get the best American Pharoahs we can, put them in Ballydoyle, and try to make him a new Northern Dancer. Remember Scat Daddy was an all-American hero, too, and look what he has been able to do on turf in Europe. “

American Pharoah shuttles to Australia for his second season this year where his offspring will have ample opportunity to prove themselves on turf.

New York

The 2018 Fasig-Tipton New York-Bred Preferred Yearling Sale at Saratoga produced another big result for Triple Crown hero American Pharoah, who sired the top lot when his filly from Visions of Annette fetched $450,000.

Consigned by Summerfield as agent for Sunnyfield Farm, the filly was bought by Hartley/De Renzo and is from a half-sister to the dam of dual Grade I winner Evening Jewel.

“She is just a beautiful filly,” Hartley said.

“She had all the presence and all the class.”

Hartley/De Renzo purchased a colt by American Pharoah for $525,000 during the select sale last week and Hartley is full of praise for the young stallion.

“We are such big American Pharoah fans right now,” he said. “His babies are looking fantastic. We have several foals that we bred on the farm that we love; a couple yearlings, a couple weanlings and we are breeding probably five back because we think they are so nice.”

The session-topping filly will likely return to the sales ring at the juvenile auctions next spring.

“She is going to pinhook,” Hartley confirmed. “We feel like it is going to be a thinner market of those in the 2-year-old sales and we want to try to have some.”

Hartley believes American Pharoah’s offspring will develop quickly based on what he has seen.

“They just have that look to them,” he said. “The one we bought in the last sale is very muscular like this filly and I think they are going to be able to do anything. I think there is a lot of potential for that stallion to be something fantastic.”

Saratoga

After achieving stunning success on the first day of the 2018 Fasig-Tipton Saratoga Selected Yearling Sale with two million dollar youngsters, American Pharoah was back in business again with a stunning filly from stakes-winner Funny Feeling selling for $875,000 on the second and final day of trade.

Consigned by Lane’s End as agent, she was bought by John Oxley and is from the family of Grade I winners Pussycat Doll, Jimmy Creed and Hookedonthefeelin.

She was bred by Jane Lyon of Summer Wind Farm, who purchased American Pharoah’s dam Littleprincessemma for $2.1 million at the 2014 Fasig-Tipton November Sale just seven months before he won the Triple Crown.

“We are very big fans of American Pharoah,” said Lyon.

“We also love the mare Funny Feeling and her family, so we are very happy. We hope that whomever has purchased her will have all the success in the world.”

Mark Casse bought the filly on behalf of John Oxley and was thrilled with the purchase.

“Mr. Oxley bought her. We just loved her. More importantly, Mr. and Mrs. Oxley loved her. I loved her pedigree, it was an outstanding pedigree. American Pharoahs are unbelievable. We are happy to get her. We’ve been waiting on this one for a while,” Casse said.

American Pharoah had 10 yearlings sell at this sale at an average $554,500.

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S. Jack Heffernan Ph.D. Funds Manager at HEFFX holds a Ph.D. in Economics and brings with him over 25 years of trading experience in Asia and hands on experience in Venture Capital, he has been involved in several start ups that have seen market capitalization over $500m and 1 that reach a peak market cap of $15b. He has managed and overseen start ups in Mining, Shipping, Technology and Financial Services.

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