Toronto – While the industry outlook for the future is promising once again, the format of the 2015 Canadian Thoroughbred Horse Society’s Canadian Premier Yearling Sale has altered due to past uncertainty that rocked the industry’s core a few short years ago.
The economic uncertainty for the Ontario breeding industry in 2012 and 2013, when breeders bred fewer mares, is evident in the amount of yearlings being offered at this year’s sale. One catalogue featuring 299 yearlings are up for public auction on one day, Tuesday, September 8 beginning at 11:00 am EST. Previously the number of yearlings being offered in Ontario afforded Selected and Preferred sales with close to 500 youngsters entering the ring throughout three separate sale days.
With the announcement to end the Slots at Racetracks Program in 2012, the number of mares bred dropped 36% (1357 mares bred in 2012 to 863 mares bred in 2014). With close to one-third of the mare population not being bred in 2013, the CTHS of Ontario Board of Directors were tasked with making necessary changes to this year’s sale in an effort to maximize success and ensure a solid book of yearlings are being offered.
While the industry in Ontario is well on its way to recovery, one aspect of the CTHS of Ontario’s Canadian Premier Yearling Sale that has remained consistent is the opportunity for buyers to purchase talented runners out of this sale. Past graduates of this sale include: Canada’s 2014 Horse of the Year, LEXIE LOU: 2014 Champion Turf Male, DYNAMIC SKY; 2014 Champion 3-year-old, HEART TO HEART; 2015 Woodbine Oaks and G3 Canadian Derby winner, ACADEMIC; 2015 Grade 3 Singspiel Stakes winner, ALDOUS SNOW; 2015 Grade 3 Vigil Stakes winner, BLACK HORNET; 2015 Bison City Stakes winner BROOKLYNS WAY; 2015 Grade 2 Royal Heroine Stakes winner, FANTICOLA; and 2015 Grade 3 Hendrie Stakes winner, SKYLANDER GIRL.
In the past five years more than 275 of the Canadian Premier Yearling Sales graduates have career earnings of more than $250,000, a dozen of which earning between $1 to 2 million in their careers, and close to 20 graduates have been crowned Sovereign Award Champions. Plus with more than $17 million in annual bonuses available through the Province’s Thoroughbred Improvement Program (TIP), purchasing a yearling at the Canadian Premier Yearling Sale provides ample opportunity for success for buyers.
Another positive change at this year’s sale includes support for the horses at the end of their careers by finding homes or alternate careers for Thoroughbreds. With the aftercare of sales graduates in mind, the Board of the CTHS of Ontario, made an important decision to match and allocate a portion of the funds from each horse sold to the Thoroughbred Aftercare Alliance (TAA), joining a growing list of North American sales companies who are doing the same.
Based in Lexington, KY, the TAA is a 501(c)(3) non-profit organization designed to serve as both an accrediting body for aftercare organizations that care for Thoroughbreds following their racing careers, and a fundraising body to support these approved organizations throughout North America.
The CTHS of Ontario joins Barretts, Fasig-Tipton, Keeneland and OBS sales companies in supporting the TAA by contributing 50 cents per $1000 transaction from both consignors and buyers. The sales companies additionally match the consignor and buyer contributions at their sales.
Funded initially by seed money from Breeders’ Cup, Ltd., The Jockey Club, and Keeneland Association, the TAA consists of and is supported by North American owners, trainers, breeders, racetracks, aftercare professionals and other industry groups.
To date 42 aftercare organizations supporting 130 accredited facilities across Canada (LongRun Thoroughbred Retirement Society in Ontario and New Stride Thoroughbred Adoption Society in British Columbia) and the United States have received grants from the TAA. In 2014, more than 1400 racehorses were adopted or retrained at these facilities.
The industry in Ontario is once again looking toward a positive future and while the changes to this year’s Canadian Premier Yearling Sale are compensating for the past, the changes that have been made are definitely steps in the right direction.
~ 2015 Canadian Premier Yearling Sale
Tuesday, September 8, 2015.
Auction begins at 11:00 am (EST)
Woodbine Sales Pavilion, Woodbine Racetrack, Toronto, Ontario, Canada
~ Horse inspections begin 9:00 am Saturday, Sept. 5 to Tuesday, Sept. 8.
~ To download the catalogue or for more information visit cthsont.com
~ For more information on the Thoroughbred Aftercare Alliannce visit thoroughbredaftercare.org