Keeping It In the Family: Bargains Abound in 2018 Kentucky Derby
With the first Saturday in May quickly approaching, the field has been
drawn with 20 horses in the main body and one also eligible who will get into
the field if a runner scratches early Friday.
Overall, 18 of the 20 mares with Derby runners have been through the sales ring at least once. Twelve of those sold the last time they went through the ring at an average of $152,833 with a farther six of them leaving the ring unsold. Keeneland has the most representation with 16 going through their pavilion while Fasig-Tipton had two go through their ring. In seven cases, the last time you could have purchased the mares at public auction was when they went through the ring as a yearling.
This year, three stallions have two or more entries led by Scat Daddy
with four with 15 stallions overall having entries in the race. However,
showing how hard it is to get one Derby entry - let alone four – only one of the
stallions this century to sire a Kentucky Derby winner also has a runner this
year (Malibu Moon with Magnum Moon).
From homebreds to $3 million purchases and well-seasoned horses to
those who just started running a few months ago, this year’s Derby has
something for everyone. To get you ready for Saturday’s race (running at 6:50p.m.
ET), here are 18 facts as we head to one of the biggest races of the year.
Bargain Mares – While it’s undoubtedly
hard to breed a Derby runner, it would have been relatively inexpensive to buy
many of the dams of this year’s Derby runners. Eight of the mares brought less
than $100,000 when going through the ring with the least expensive being My Boy
Jack’s dam Gold N Shaft (Mineshaft) selling for $8,000 less than two years ago
at Keeneland’s November Sale in 2016. One other mare you could have bought for
four figures was Noble Indy’s dam Noble Maz (Storm Boot) for $9,000 as a
yearling in 2017 at Fasig-Tipton’s Mid-Atlantic sale.
But perhaps the biggest bargain was Broodmare of the Year Leslie’s Lady
(Tricky Creek). Bought for $100,000 in 2006 only months after future leading
sire Into Mischief (Harlan’s Holiday) sold for $80,000 as a yearling, she has
produced three Grade 1 winners and is the dam or granddam of two Kentucky Derby
runners. She also easily made that $100,000 back for her owners with her foals
born post-sale bringing a combined $4.7 million in the sales ring. The filly
she was carrying in 2006 when sold is also the dam of one-time Kentucky Derby
hopeful Harry’s Holiday (Harlan’s Holiday), who is standing in Indiana.
Leslie's Lady's most accomplished runner, Beholder |
Overall, 18 of the 20 mares with Derby runners have been through the sales ring at least once. Twelve of those sold the last time they went through the ring at an average of $152,833 with a farther six of them leaving the ring unsold. Keeneland has the most representation with 16 going through their pavilion while Fasig-Tipton had two go through their ring. In seven cases, the last time you could have purchased the mares at public auction was when they went through the ring as a yearling.
Sire Lines – Once again,
Northern Dancer (Nearctic) runs the show in a big race with seven of the 15
Derby sires and nine of the 19 Derby broodmare sires descending from the Derby
winner. Of those, Danzig and Storm Bird are the two more popular lines the
sires come from with a combined 11 sires and broodmare sires from those two
sons.
Of course, Mr. Prospector (Raise a Native) is also a popular name in
pedigrees here as well with three of the sires and five of the broodmare sires
finding his name in their sire line. But
it’s a relatively young stallion who may be stealing the show shortly. Nineteen
years younger than Mr. Prospector and 28 years younger than Northern Dancer A.P.
Indy (Seattle Slew) has a lot of influence over this field. Four of his sons or
grandsons are sires of Derby runners while he and son Mineshaft are broodmare
sires of runners in the field as well.
In all, four different sire lines (Northern Dancer, Mr. Prospector, A.P.
Indy and Hail to Reason) have runners in the Derby descending through the tail male
line while six sire lines (Northern Dancer, Seattle Slew/A.P. Indy, In Reality,
Mr. Prospector, Sword Dancer, Nearctic) are represented by mares with runners.
SIRE
LINES OF THE KENTUCKY DERBY
Stallion
|
Sire
|
Sire
Line
|
Poseidon’s Warrior
|
Speightstown
|
Mr. Prospector
|
Union Rags
|
Dixie Union
|
Northern Dancer
|
Shackleford
|
Forestry
|
Northern Dancer
|
Scat Daddy
|
Johannesburg
|
Northern Dancer
|
Into Mischief
|
Harlan’s Holiday
|
Northern Dancer
|
Curlin
|
Smart Strike
|
Mr. Prospector
|
Majestic Warrior
|
A.P. Indy
|
A.P. Indy
|
Tapit
|
Pulpit
|
A.P. Indy
|
Creative Cause
|
Giant’s Causeway
|
Northern Dancer
|
Medaglia d'Oro
|
El Prado
|
Northern Dancer
|
Awesome Again
|
Deputy Minister
|
Northern Dancer
|
Arch
|
Kris S
|
Hail to Reason
|
Malibu Moon
|
A.P. Indy
|
A.P. Indy
|
Take Charge Indy
|
A.P. Indy
|
A.P. Indy
|
Proud Citizen
|
Gone West
|
Mr. Prospector
|
Stud Fees – Many of the
sires with runners here are standing for a higher fee in 2018 than they
commanded in 2014 when this crop was conceived. The horse with the biggest fee
increase from 2014 to 2018 at 400% is unsurprisingly Into Mischief (Harlan’s
Holiday). You could have bred to that stallion for an advertised fee of $20,000
in 2014 while today you’ll struggle to get into his in-demand book at $100,000.
Two other big increases are Medaglia d’Oro (El Prado) having a 150% increase
from $100,000 to $250,000 and Tapit’s (Pulpit) fee doubling from $150,000 to
$300,000 in 2015, a fee he still stands at.
Only two stallions have taken advertised stud fee dips with Majestic
Warrior (A.P. Indy) dropping 27% to stand at approximately $16,411 when moving
to Japan from the $22,500 he stood at in 2014 in Kentucky and Malibu Moon (A.P.
Indy) capitalizing on Orb’s win in the Derby the previous year when standing at
$95,000 in 2014 and now at $75,000 for a 21% decrease. Young stallions
Poseidon’s Warrior (Speightstown) and Shackleford (Forestry) stand at the same
fee they did in 2014 while Take Charge Indy (A.P. Indy) moved to South Korea
and doesn’t have an advertised fee that I could find and three of the stallions
on this list died between 2014 and 2018 while Awesome Again (Deputy Minister)
stands for a private fee.
The average stud fee for the Kentucky Derby sires in 2014 (taking out
those with private or unknown fees and those who are now dead) was $49,900 in
2014 and has seen nearly a 100% increase to $99,791 in 2018.
KENTUCKY
DERBY SIRE ADVERTISED STUD FEES
Stallion
|
2014 Fee
|
2018 Fee
|
Poseidon's Warrior
|
$6,500
|
$6,500
|
Union Rags
|
$35,000
|
$60,000
|
Shackleford
|
$20,000
|
$20,000
|
Scat Daddy
|
$30,000
|
Dead
|
Into Mischief
|
$20,000
|
$100,000
|
Curlin
|
$35,000
|
$150,000
|
Majestic Warrior
|
$22,500
|
$16,411
|
Tapit
|
$150,000
|
$300,000
|
Creative Cause
|
$15,000
|
$20,000
|
Medagalia d'Oro
|
$100,000
|
$250,000
|
Awesome Again
|
$75,000
|
Private
|
Arch
|
$40,000
|
Dead
|
Malibu Moon
|
$95,000
|
$75,000
|
Take Charge Indy
|
$20,000
|
Unknown
|
Proud Citizen
|
$15,000
|
Dead
|
Father/Sons – Racing is all
about family connections and the horses are no different. There are four different father/son or
grandsire/grandson combinations in the Derby. In every case, one of them is a
broodmare sire and the other is the sire of the runner with the already
mentioned A.P. Indy having four sons or grandsons with runners in the race
while also being the sire of a dam as well. In one case, the son is the
broodmare sire while the sire is the sire of a runner with 24-year-old Awesome Again
siring Bravazo in addition to his 18-year-old son Ghostzapper siring the dam of
Justify (Scat Daddy).
Broodmare Credentials – If
you’re looking for a way to figure out how to pick a broodmare who will turn
into a superstar, the Derby is another example of there being no magic formula.
The only thing the mares have in common on the track is that all 17 to have
raced at least hit the board in one start but those starts range from maiden
claiming races to Grade 1 races. Four of the dams never raced while only one
dam was a Grade 1 winner (It’s Tricky). You can find the breakdown of how the
mares did on the track (with stakes wins counting for more than graded stakes
placings, ect) in the chart below.
Finish
|
#
of Mares
|
G1W
|
1
|
SW
|
4
|
SP
|
3
|
Winner
|
6
|
Placed
|
3
|
Unraced
|
4
|
Fappiano Line – Fappiano’s
(Mr. Prospector) sire line has been a very successful one with Derby winners in
recent years as the sire or broodmare sire line of four of the last 10 Kentucky
Derby winners. This year the line has one representative in Magnum Moon (Malibu
Moon), whose dam is an Unbridled’s Song (Unbridled) daughter. The Unbridled
branch of Fappiano’s line has been the most successful in recent years with two
of the last three winners by sons of Unbridled’s Empire Maker.
Ages – While the ages of the
Kentucky Derby sires range more toward mid-range this year with the average
being 14.9 years, five of its sires are in the 10 and under club. Union Rags,
Creative Cause and Take Charge Indy – three horses among the top of their
3-year-old crop in 2012 – are the youngest at nine years of age with two having
Derby runners in their second crop and one in his first while the 24-year-old
active stallion Awesome Again is the oldest. The stallions with the highest
stud fees are in the 13 to 19 range with four of the six stallions still living
in that age range standing for six figures. No stallion in any other range
stands for more than $75,000.
Union Rags |
The dams of runners this year average a bit lower age at 12.2 years old
with eight aged 10 or under. Mr. Greeley’s Ambitious, the dam of Lone Sailor, is
the youngest at eight years of age.
Leslie’s Lady, who is the most accomplished in the field in terms of
what she’s produced is also the oldest at 22 years of age, five years older
than the next oldest Surf Song (Storm Cat). Seventeen of the broodmares with
runners in the field are under 15 years of age.
Expensive Runners – Three of
the runners in the field give those who are willing to spend seven figures on
yearlings or 2-year-olds hope. Good Magic (Curlin), Instilled Regard (Arch),
and Mendelssohn (Scat Daddy) all hit at least $1-million in the sales ring with
two of those bought as yearlings. Three others brought at least $500,000 while
the average price you’d pay for a runner in this year’s Kentucky Derby at
public auction was $557,625 (that drops to $394,800 when removing the
$3-million Mendelssohn) with only three of those runners selling for under
$120,000. My Boy Jack (Creative Cause) was the least expensive at $20,000 while
Noble Indy (Take Charge Indy) left the ring unsold at $45,000 and four horses
never went through the ring.
If you want a Derby runner, it looks like yearling auctions are where
you’ll have the most success with 14 of the 17 runners who went through the
ring last selling at yearling auctions with 13 of those coming from Keeneland
September (including the unsold Noble Indy).
Storm Cat – Nearly exactly
five years after his death (April 24, 2013), it seems fitting Storm Cat (Storm
Bird) will be so well represented in the Kentucky Derby. Storm Cat never sired
a Kentucky Derby winner or sired a son who did but this year he has four grand
or great-grand sons with a combined seven (35%) runners in the field. Three of
his sons also have daughters with runners in the race while Storm Cat himself
is the broodmare sire of Solomini (Curlin).
Storm Cat is grouped in with the rest of the Northern Dancers above but
is responsible for four of that stallion’s representatives on the sire side and
four on the broodmare sire side to make the argument he has established his own
sire line within the family.
Horse
|
Sire
|
Type
|
Shackleford
|
Forestry
|
Sire
|
Scat Daddy
|
Johannesburg
|
Sire
|
Into Mischief
|
Harlan’s Holiday
|
Sire
|
Creative Cause
|
Giant’s Causeway
|
Sire
|
Giant’s Causeway
|
Storm Cat
|
Broodmare Sire
|
Forestry
|
Storm Cat
|
Broodmare Sire
|
Storm Boot
|
Storm Cat
|
Broodmare Sire
|
Storm Cat
|
Storm Bird
|
Broodmare Sire
|
Homebreds – In an industry
that lives and dies on bloodstock sales, the Kentucky Derby also shows that
there are still breeders who race their homebreds with six of the 21 Kentucky
Derby entrants having their breeders named as owners or co-owners. Two of those
went through the ring with Stonestreet keeping a piece of Good Magic after he
brought $1 million as a yearling and WinStar Farm keeping Noble Indy to race after
he left the ring unsold at $45,000, though Repole Stable has joined in the
partnership. Four horses have never seen
the sales ring with Firenze Fire, Hofburg, Enticed, and Bravazo all kept to
race by their breeders.
Scat Daddy – Scat Daddy’s second-to-last crop is showing how big
of a loss the stallion was to the industry when he died at 11 with four of the
horses in the Kentucky Derby by the 2007 Kentucky Derby runner. Bred on an
advertised fee of $30,000, they included Kentucky Derby first and second choice
Justify and Mendelssohn who right now look like they’ll join their sire in
going off at single digit odds (he was at 7.20-to-1 in the 2007 Derby) 11 years
after his run. Scat Daddy has one more crop of runners in the wings with 160
current 2-year-olds, including three winners from six runners thus far
according to Equineline.
Scat Daddy |
Race Accomplishments – Touted
as one of the most competitive Kentucky Derbys in recent years, looking at the
field it’s easy to see why. From the 21 horses currently entered, 11 of them
have either won or placed in Grade 1 races and a farther six have won or placed
in Grade 2 races. However, even with the big accomplishments of the horses it
is taking 1 less point to get in the race (29 v. 30) compared to last year but
is taking more points to get in than any other year the points system has been
used (first implemented in 2013).
Curlin – The 2007 Preakness
winner and Horse of the Year has sired a classic placed horse every year of his
stallion career. He’s sired the winners
of the Preakness and Belmont and looks to try and get that elusive Kentucky
Derby victory in his fifth year of having 3-year-olds on the track. Curlin will
have three runners in the race on Saturday with champion 2-year-old Good Magic,
Breeders’ Cup Juvenile runner up Solomini, and Wood Memorial winner Vino Rosso
all lining up for him.
Derby Runners Siring Derby
Runners – If you were to look at this year’s Kentucky Derby field, you’d
probably conclude that to get a Kentucky Derby runner, you need to pick a sire
who ran in the Derby. Of the 15 sires with Derby entries, eight ran in the
Kentucky Derby (53 percent) with two of them hitting the board. Three of the
sires also won U.S. classic races with Curlin (Smart Strike) and Shackleford (Forestry)
winning the Preakness and Union Rags (Dixie Union) winning the Belmont Stakes.
Langfuhr & Mineshaft – Lane’s End Farm’s
evergreen stallions always seem to pop up in big races and the Derby is no
exception. At 26 and 19 years of age, both Langfuhr and Mineshaft are still
active in the shed while also seeing top horses produced by their daughters, as
is the case in this Kentucky Derby with the stallions having two runners apiece
as broodmare sires. Between them, Langfuhr and Mineshaft have combined for over
860 winners and 76 stakes winners as broodmare sires including seven
graded/group stakes winners. Lane’s End is also the home of Derby sire Union
Rags and stood Curlin when his three Derby winners were conceived in 2014 in addition
to having the pensioned A.P. Indy.
Langfuhr |
Late Birthdays – With Thoroughbreds
officially turning a year older on January 1, it’s no surprise that breeders try
to get mares to foal as close to the date as possible but this year is a win
for the later foaling mares. Only two runners (My Boy Jack and Bravazo) were
foaled in January, with both coming near the end of the month and three were
foaled in February. The majority of the Derby runners were foaled in March (eight)
with the dreaded May having the second most birthdays at six. Second choice
Mendelssohn the youngest horse in the field with a May 17 birthday while My Boy
Jack is the oldest with a January 26 birthday. It should also be noted that
three of those May foals are Grade 1 winners.
Mendelssohn |
Apollo Curse – A favorite
topic of discussion this year is the Apollo Curse with morning line favorite
Justify and third choice Magnum Moon both not racing at two. Since 1936, 41
Kentucky Derby fields have had at least one runner that didn’t race at two for
62 total horses from 681 to race in those 41 fields (making up only 9 percent
of the 41 Kentucky Derby fields). The best finish of those 62 runners is three
seconds (Bodemeister, Strodes Creek, and Coaltown) with five others finishing 3rd.
The biggest field with Apollo Curse
entries was 1974’s with 23 runners (in which one of the two Apollo entries
finished third and the other 12th) while the smallest was 1976 with
nine (those horses finished 4th and 5th). In all, 12.9% of the Apollo Curse horses have
hit the board with 25.8% finishing in the top five.
It should be noted that only four of the horses went off as the favorite
in the Derby, begging the question if the non-favored horses’ talent kept them
from winning the Kentucky Derby more so than them not running at two.
Breeders' Cup Winners - Seeing multiple current/past Breeders' Cup winners in many races isn't an uncommon occurrence but this will be the first year it happens in the Kentucky Derby. Mendelssohn is the first Breeders' Cup Juvenile Turf winner to run in the race while no Breeder's Cup Juvenile Fillies or Fillies Turf winner has run in the race and the two Juvenile Sprint winners also never made it to the race (Secret Circle was on the Derby trail and finished second in the Arkansas Derby but was hurt before the Kentucky Derby). Only two Breeders' Cup Juvenile winners have also won the Kentucky Derby - Nyquist and Street Sense - though Good Magic will be trying to be number three.
Breeders' Cup Winners - Seeing multiple current/past Breeders' Cup winners in many races isn't an uncommon occurrence but this will be the first year it happens in the Kentucky Derby. Mendelssohn is the first Breeders' Cup Juvenile Turf winner to run in the race while no Breeder's Cup Juvenile Fillies or Fillies Turf winner has run in the race and the two Juvenile Sprint winners also never made it to the race (Secret Circle was on the Derby trail and finished second in the Arkansas Derby but was hurt before the Kentucky Derby). Only two Breeders' Cup Juvenile winners have also won the Kentucky Derby - Nyquist and Street Sense - though Good Magic will be trying to be number three.
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