Monday Musings: Gloom?
There’s so much gloomy navel-searching about all the things that are perceived to be wrong with racing in the UK, but it took only a couple of days in Paris to dispel them, or some of them anyway, writes Tony Stafford.
True, the statistics are invariably distorted by first place in the £2.4 million to the winner Prix de l’Arc de Triomphe – something which wouldn’t have been allowed to happen in pre-supplementing days – by Ralph Beckett’s remarkable filly Bluestocking, but in overall terms the home team took a real hiding.
Four wins for the UK, via Brian Meehan, the Gosdens and Ed Walker, as well as Beckett, matched Aidan O’Brien’s personal quartet over the two days. The French, on home soil with everything - even down to the going in their favour - limped behind with three.
Aidan also collected the £100k-plus Arqana sales conditions race on the first day and front-running Los Angeles picked up just shy of half a million for his third in the Arc. Once more, though, it was fillies to the fore, Bluestocking confirming Prix Vermeille form with Aventure, edging a half-length further away than in the trial three weeks earlier.
I’ve always found the fillies’ Group 1 on Trials Day much more significant than either the Prix Niel for 3yos or the Foy for the older colts. Those two races had five runners each last month, whereas the Vermeille had a field of 12.
The Arc 1-2 had some smart performers behind them that day: Emily Upjohn, Stay Alert and last year’s champion juvenile filly Opera Singer were the next three home. The races for the boys were remarkably similar, each run at more than four seconds above standard, a full three seconds slower than Bluestocking in the Vermeille.
Ralph Beckett has been relentless closing on the top training positions over the past few seasons and his comment, “I couldn’t see any reason not to supplement her,” epitomises his pragmatic approach to training.
Of course, as with all the big stables, and he had 183 listed in this year’s Horses In Training, there is a margin for error. When the year began, Bluestocking had won only once, on juvenile debut in September 2022. Since the summer, it has been a roller-coaster of ever greater success.
I had a look at the overall prizemoney earned by each of three major European horseracing and breeding superpowers over the weekend. Although Aidan got off to a flyer winning three Group races, including Kyprios’s second Prix du Cadran over 2m4f on day one, the momentum wasn’t quite maintained.
Yesterday, the lesser fancied of his two Jean-Luc Lagardere runners, Camille Pissarro, echoed the late-running performance on the first day of 25/1 shot Grateful. The similarity? Both were ridden by Christophe Soumillon with Ryan Moore on the first string. Ryan had the consolation of three €100k plus wins on day one, the third in the valuable conditions event put on by the Arqana sales company. And his third place on Los Angeles in the Arc earned him his jockey’s share from around half a million.
The overall Irish haul not including the Arc was around £675,000. The French on home soil amassed just over £800,000 for their non-Arc runners, while UK horses collected more than £1.22 million for 22 places. When you add in the Arc money, the GB total thanks to Bluestocking is more than £3.67 million; the French total comes to approximately £2.15 million and Ireland – almost entirely via the Coolmore runners was close to £1.3 million. So the UK stables picked up better than half the available money!
Even though the French had many more runners in the additional races than either UK or Ireland, they retained barely 30% of the money available. If we’re in trouble, how about them?
Those from the big teams cannot rest. After a day today looking at stock in the Tattersalls sales barns, Book 1 of the October Yearling Sale starts tomorrow, three days when 448 yearlings – blue-bloods all, but which cannot all turn out to be talented – go under the hammer.
The sale nowadays closely echoes the example of the Goffs Orby sale in Ireland, staged last week. That also commences with a Book 1 for the top stuff and Book 2 for the rest. A later sale offers less expensive pedigrees.
It’s amazing how the decisions of a sales company can make such a difference to the prospects of a borderline Book 1/Book 2 yearling. It’s simply the difference between whether an owner is to get a decent price for his/her sales candidates. Book 1 over there had 466 lots going under the hammer over two days. Of those, 399 (80%) found new owners at an average price of €128k.
The two days of the similarly populated Book 2 proved far less attractive to buyers with only 332 of 449 changing hands, that’s 70%. If that was significant, the average price of €20k was disturbing for many stud owners, especially pin hookers who will have struggled to match foal prices never mind a year’s costs.
One well-known trainer who was happy to pick up a horse from Book 1 at a fair price, did not look at any of the stock in Book 2. “It’s okay to buy them just because they are cheap,” he said, “but you have to find someone to pay for them and to have them trained.”
I canvassed a few trainers some weeks ago as it was proposed by friends to buy a horse in training. They were all middle-range but talented trainers and they were all somewhere around £60 a day (plus VAT of course). So, we’re already up to at least £500 a week, with extras like shoeing, vet charges and transport to the races. In Newmarket and many other training centres, there is also a gallops fee levied.
On Friday, the day after the conclusion of Book 1 and three days before Book 2 where most owners will not have to worry much about the likes of Godolphin, Coolmore, Amo Racing and rest to find a yearling, there are more than 750 lots to wade through. Smaller catalogues for Books 3 and 4 next week conclude as the runners for the Cesarewitch, Dewhurst and the rest go to post next weekend.
Newmarket’s first day stages a race which illustrates just how tough and frankly absurd UK’s horse racing economics are for all bar the super-rich – or those lucky enough to get a superstar for not much money.
The opening maiden of that Friday’s card has a prize of just more than £10k, much better admittedly than some that have been run on the Rowley Mile recently. Many were bought at this time last year, so at around a minimum £2,500 per month that’s at least £30,000 to get to this stage on top of their purchase price.
The happy winning owner on Saturday will receive approximately 70% of the £10,000 first prize, less jockeys’ fees and transport to the course. Sixteen of the 30 entries went through the ring, home-breds making up the remaining 14.
The cheapest of the sales group cost £45k – bought by our friend Sam Sangster and trained by Brian Meehan. The most expensive was £400k for a newcomer from Aidan O’Brien. The average - going for a £7k pot I emphasise - was 135k.
Talking of Sam Sangster and his link with Brian Meehan, Manton's longest-serving present incumbent had a Royal Ascot double this June with Rashabar (Coventry Stakes, Group 2) and Jayarebe (Hampton Court Stakes, Group 3). They had only one run each in the meantime, Rashabar when second in the Group 1 Prix Morny to Whistlejacket, and Jayarebe, also second at Deauville, to Economics. They came to Longchamp with high hopes.
Jayarebe did the business on Saturday in the Group 2 Prix Dollar, making all, while Rashabar was caught only in the last few strides of the Group 1 Prix Jean-Luc Lagardere by Camille Pissarro, the aforementioned O’Brien second string ridden by Christophe Soumillon.
Rashabar will aim at the 2,000 Guineas next spring while it would be no shock if Jayarebe pitched up at the Breeders’ Cup. Meehan won the Turf race there a decade or so ago with Dangerous Midge, who raced in the same Iraj Parvizi colours. Parvizi only came back to the stable after a break of several years with his purchase of Jayarebe.
There were two other notable efforts over the weekend that caught my eye. Apollo One, so often the bridesmaid in big sprint handicaps, gained a first Group-race win at Ascot on Saturday. Peter Charalambous, his owner/trainer/breeder had been frustrated at being beaten close home in the Wokingham, Stewards’ Cup and Portland handicaps this year, but on ground Pete believed he wouldn’t handle, he did, winning almost as he liked.
Secondly, another working on the wrong surface was Hughie Morrison’s Mistral Star, third in Saturday’s Group 1 Prix Royallieu where she was in front until the last 50 yards. I’m confident she would have won on faster ground.
Finally, last week I mentioned Joe Lee and his filly May Day Ready. The pair, with the help of Frankie Dettori in the saddle, got the best of a wafer-thin three way photo (centre, see below) on Friday in the Grade 2 Jessamine Stakes at Keeneland, a Win And You're In for the Breeders' Cup Juvenile Fillies Turf. Exciting times!
- TS