Sunday, January 20, 2013 Foal Crop Continues to Plummet By Bill
Transcription
Sunday, January 20, 2013 Foal Crop Continues to Plummet By Bill
Sunday, January 20, 2013 Foal Crop Continues to Plummet By Bill Finley Though official numbers are not yet available, the 2012 North American foal crop is likely to dip below 9,000, a new record low for the modern era. W ith fewer horses being bred every year, the industry needs to figure out a way to answer a vital question-where is anyone going to find enough horses to fill racing cards in the near future? The USTA is still busy compiling records on foals born in 2012, but based on the numbers the organization has so far and trends from previous years, HRU estimates that the foal crop will be about 8,630. The number represents the latest chapter in a trouA standardbred foal, something bling trend for the we’re seeing few er and few er of all sport. The foal crop hit the time a peak in 1987 with 22,911 foals. It fell to 15,062 by 1994 but remained steady over the next 10 years. In 2004 15,256 foals were born, and the number has been dropping ever since. W ith 9,859 foals last year, the number dipped below 10,000 for the first time in decades. The 2012 estimated number represents a 43 percent decrease over 10 years. Making matters even worse, the 2012 babies were conceived at a time when no one could imagine what was to come in Ontario. W ith the plug having been pulled on the Slots at Racetracks Program in Ontario, the number of foals coming out of that Province is about to fall precipitously. On the surface, it may seem odd that so few horses are now being produced each year because purses have never been better. The infusion of slots revenue has created a bonanza situation for owners who have competitive and healthy racehorses. But breeders argue that the economics of the sport are out of whack. "Look at the two major sales and look how many horses sell for very little money," said Alan Leavitt, the president and general manager of W alnut Hall Ltd. "That's your answer. As a breeder, we're getting sliced and diced." Leavitt argues that not enough of the slots money is going toward top caliber horses, particularly the younger ones. "Breeders are dependent on purses in stakes races and those purses, if anything have gone down." Leavitt said. "All the money that's being generated from the slots is going into the overnights. That's why race horses are snapped up." Leavitt said that at its peak W alnut Hall had about 140 mares and took in $4 million at the yearling sales. Today, W alnut Hall has only 38 mares. The situation is much the same at Perretti Farms in New Jersey. The Perretti family had put much of its New Jersey property up for sale, but has yet to find a buyer. In the meantime, it is producing fewer foals than it did in years gone by and is becoming increasingly interested in thoroughbreds. "The purse structure is not supportive of the breeding industry," Perretti General Manager Anthony Perretti said. "It's supportive of the race horse and the aged horse. It's hard for us. Our costs have tripled over the last three or four years, so it's economically very difficult for us to keep producing horses. The bottom line is that the economics do not work." Perretti agrees that purse money needs to be distributed differently. "W e have to give incentives to people who want to race 2 and 3-year-olds," he said. "In the thoroughbreds, you have maiden races for $62,000 at the top level. In harness racing, the maidens go for $10,000, for $14,000. The regional programs like they have in New York and Pennsylvania are fine, but people have to buy for the Grand Circuit, too. You need to have $1 million races and have people have the (continued on next page) HarnessRacingUpdate.com • 1/20/13 PAGE 2 of 7 kind of hopes and dreams so that they keep moving forward. "Before Jeff Gural bought the Meadowlands we sat down with Dennis Robinson, who ran the Sports Authority. Bob Marks told him, 'I know you are worried about the track's future but if you don't increase your horse population you're not going to have enough race horses to keep this place going.' That was five years ago and Bob was right. I think people are finally waking up to that fact. " A Look at the Annual Foal Crop Foal Year Foals 2000 14,475 1987 22,911 2001 14,683 1988 22,183 2002 15,031 1989 20,894 2003 15,197 1990 19,858 2004 15,256 1991 18,346 2005 14,909 1992 17,001 2006 14,106 1993 16,225 2007 13,149 1994 15,062 2008 12,228 1995 14,458 2009 11,452 1997 14,249 2010 10,579 1998 14,001 2011 9,859 1999 13,717 2012 8630* *Estimate good turnout," said Dave Reid, the sales' general manager. "The horses that are racing have been racing well. These horses have been competitive and I think there is something for everybody at this sale. W hether they're racing at Dover, in Canada, at Yonkers, the Meadows, the Meadowlands, there are horses racing at all those tracks and racing well. " Those looking for a quick return on their investment may want to take a look at horses like Hip 239 Sundance Bayama, who has won two straight racing in races with $19,000 and $20,000 purses at W oodbine. Hip 215, Southwestern Dream has been competitive in the $35,000 Preferred events at Dover and made $138,500 last year. Not Afraid, Hip 177, has won four straight and made $157,284 last year. "Year after year, the catalogue seems to have the same quality and the same numbers," Reid said. "The only hesitation I have is that the Canadian situation isn't resolved and I wished it were." Reid said he thought many Canadian outfits, fearing what's to come in Ontario, would flood this sale with horse, but that hasn't been the case. "W e closed the entries in December and, not that people were optimistic, but they thought that something was going to be resolved in Canada," Reid said. "If you talked to those same people today I think they would be more apprehensive. Yes, I was surprised that we didn't get more (continued on next page) At the Meadowlands Sale, “Something For Everyone” By Bill Finley The economics of harness racing are such that the in-form, healthy and competitive racehorse has become a most sought-after prize. And for those looking for something that can quickly put money in their pockets the Idyllic may be the sale topper Meadowlands will be the M onday at the M eadow lands place to be Monday. The 2013 Tattersalls January Mixed Sale will kick off at noon on Monday with more than 200 horse set to sell. "I always look forward to the January sale and I expect a HarnessRacingUpdate.com • 1/20/13 PAGE 3 of 7 Canadian horses." W hile competitive racehorses are always a hot item, the stars of this sale are a handful of top class mares who likely become broodmares after Monday. The biggest name is Hip 109 Idyllic, the winner of the 2010 Jugette. The daughter of American Ideal did not race in 2012 while dealing with injuries, but has made $1.296 million in her career. Martiniontherocks is by Conway Hall, is a Breeders Crown winner and has made $460,082. Voelz Hanover, Hip 130, is an iron mare who has started 128 times, won 29 races and made over $1.2 million. "That's the market right now and the last three years have been pretty consistent in that way," Reid said. "Mystical Diva was our top selling horse last year and she happened to be a race mare. Since 2008, there have been fewer marquee male race horses coming into these sales. Harrisburg hasn't had many either. They're just hard to come by." Martin Scharf Presents Julia Zenker with Gallo Blue Chip Scholarship Saturday, January 19, 2013 - by Keith Gisser, Project Manager, Harness Horse Youth Foundation East Rutherford, NJ --- During the Saturday, January 12 race card at The Meadowlands, Martin Scharf presented Julia Zenker, the daughter of Deborah Lass and Drew Zenker, with a $15,000 check as the winner of the Gallo Blue Chip scholarship. Zenker is a graduate of New York’s Port Jervis High School and is currently attending W agner College in Staten Island majoring in Philosophy and Spanish, in pursuit of a law degree. She has maintained a 3.9 GPA at W agner. The scholarship is named for Scharf’s great pacer, who retired as the richest pacer in the history of the sport, earning over $4.25 million dollars in his career, which lasted from 1999-2005. For the last two years Zenker has divided her summer days between being a full time exercise rider at the Schnittker Stable and parade marshal at Goshen Historic Track. She has worked with several other trainers at Goshen since she was young. She also has a wide array of non-equine volunteer experience, including tutoring at El Centro del Inmigrante in Staten Island (The Immigration Center of Staten island), She has also interned W ith the Calro Project, been a project aide at the African Refugee Center in Staten Island, and served as Generation Citizen Campus Executive Director at W agner) The HHYF has posted applications for the 2013 Gallo Blue Chip Scholarship on the website. The Harness Horse Youth Foundation is a charitable 501(c)3 organization dedicated to providing young people and their families educational opportunities with harness horses, in order to foster the next generation of participants and fans. The Foundation has been making a difference in young people’s lives since 1976, and its programs include interactive learning experiences with these versatile animals, scholarship programs, and creation and distribution of educational materials. For (continued on next page) HarnessRacingUpdate.com • 1/20/13 PAGE 4 of 7 more information on opportunities through HHYF, or to support its mission, go to www.hhyf.org. Golden Receiver, Another Easy Win Once again, there was no catching Golden Receiver last night at the Meadowlands. The speedy 8-year-old gelding by Village Jove led every step of the way to win the second leg of the Presidential Series. He has now won three straight this year, all of them carbon copies of one another: he goes right to the front and nobody comes close to catching him. On this night he was facing tougher foes than he met in the first leg of the series, but no one so much as gave him a tussle. With Tim Tetrick driving, he set fractions of 26.2, 55.1 and 1:22.2 be“Golden” oldie, Golden Receiver did it again last night fore stopping the clock in at the Meadowlands (Lisa Photo) 1:48.4. It was an uneventful race as Modern Legend was second throughout and Malak Uswaad N was in third the entire trip. Golden Receiver paid $3 to win. So far, Golden Receiver’s 2013 looks exactly like his 2012. Last year he won a prep for the Presidential and then the first two legs of the series. He concluded the series by winning the $110,500 final by a neck. “I don’t know if he’s better than last year, but he’s certainly as good,” trainer Mark Harder said. “It was a career year last year and I thought at the beginning of the year that he was finally physically and mentally maturing. At this time last year he really looked like he was better than the year before. Now, he looks the same. He’s just good. “It’s fun for the owners and I even met a couple of people in the grandstand tonight. There was a guy from Newfoundland who told me he came and had his picture taken with the horse, and that was really cool. It’s great for harness racing and, obviously, great for me. He’s creating a little buzz.” Tonight’s number: 4,815 (subscribers, that is.) Harness Racing Update continues to grow every day! Thank you to all of our readers! Missed an Edition of the HRU? Check out our archive at www.harnessracingupdate.com HRU Race Criteria The following race results are contained in Harness Racing Update: North American races with a purse value of $20,000 and over, and American-bred and sired winners of significant races abroad. Stakes races with a purse value of $60,000 and over are previewed in HRU. HarnessRacingUpdate.com • 1/20/13 PAGE 5 of 7 In Ontario a Horse Racing Lottery Can Work, If it's Done Right In October the OMAFRA panel in Ontario released its list of recommendations for horse racing in the Province of Ontario. One of its wish list items was creating a horse racing related lottery in the Province, which would hopefully raise up to $50 million a year for horse racing. With $345 million taken out of the industry as a result of quashing the slots at racetracks program, that money would be sorely needed. Can a horse racing lottery work in Ontario? When we think of horse racing lotteries it begins and ends with the V75 in Sweden. The V75 is a pick 7 which runs each Saturday, with a ten cent minimum play. The bets are sold in convenience stores, online, or at racetracks. When carried-over, the pools can be greater than $30 million. What Sweden possesses to get this type of wagering implemented is an organization that mends pari-mutuel horse wagering and the gambling system. All forms of betting fall under the authority of the government's Lotteri Inspektionen. Under this is AB Trav och Galopp (ATG) which manages Sweden's horse racing industry and is responsible for the Swedish Horse Racing Totalisator, along with Svenska Spel which has control of all other sports gambling. Having this type of structure provides Sweden with an edge; an edge to get things done legally and properly. In North America we do not have this system in place, which makes a horse racing lottery a pipe dream. In Ontario, however, that might be changing. The OLG is taking it on the chin of late, and so is the government. If (and I guess it still is a big 'if') the OMAFRA panel is serious, a structure for a horse racing lottery could be constructed and fast tracked. This structure would probably be not unlike the Swedish experience, where the lottery corporation would work closely with horse racing. That'd be good news. It's probably the only way it would be able to work. But, it's only half the battle. How would a horse racing lottery have to be positioned in the market to succeed? One would think the pools would have to be sizeable and attractive enough to glean money and interest from two markets: The existing lottery market and the existing horse racing "pick x" market. HarnessRacingUpdate.com • 1/20/13 PAGE 6 of 7 For the existing lottery market the challenge is pretty easy. If you have a big pool, they'll play. Although Massachusetts lowered their hold on their lottery to some success, as a rule things like takeout do not matter to these types of players. They need a sizeable pool and that's all. Since (one would expect) this bet will be sold in corner stores and lottery kiosks the distribution channel is not an issue. The only issue I see is that there are already lotteries that offer a big payout. Work needs to be done in marketing the bet, that's for certain. For the existing player, well, they're the opposite in a lot of ways. If the takeout is 60% like some lotteries, they won't play in a huge way; no if's and or but's. As well, they don't need to be marketed to like a newbie is. They'll be watching simulcast feeds and know the when, where and how's. On the distribution side, well that's already in place. Every track, ADW, or international outlet should be able to bet into the pool. After all, it's a pick x for a dime or twenty cents. It's not reinventing the wheel. I think the biggest stumbling block in making a bet like this work (after it has been approved) has to do with what always plagues horse racing - too many fingers in the pie, wanting a slice, and a lack of a long-term vision. If, for example, a 35% takeout is approved, racing would probably end up splitting it down the middle like they always do: 50% for purses, 50% for racetracks. It's the path of least resistance. That, like the slots split, would be, in my opinion, this bets' fatal error. The bet does not sell itself and it can't be a success if it is not marketed and pushed. And marketing and pushing a bet costs money. More likely a 35% takeout with a 20% signal fee for computer players to benefit, and a 20% hold for tracks and purses with the rest reinvested would be a proper mix; in my opinion, anyway. That way ADW's could incentivize large players with cash back to solidify a betting base. Tracks outside Ontario would make a worthwhile return from pushing and carrying the bet. And of course, locally in Ontario, 15% of the takeout could be used to market it (and horse racing) to the masses - something that slots should've been mandated to do long ago. For a long time when horse racing was a monopoly the industry had an "if you build it, they will come" mentality, and that mentality has carried-over to today in many ways. Unfortunately as we've seen the last two decades that has not been a good strategy to follow. If we offer a bet, it doesn't mean it will be a success. A proper business plan needs to be put in place along with it. When it comes to the loss of slot machine revenue in Ontario, I am not happy about it, nor do I think it was fair. But I am not a doom and gloomer. I don't believe the world will end just because we don't have a slice of money from a mindless machine. Horse racing betting, if done right, can be the greatest game in the world. It all starts with a vision and some passion. Hopefully that begins to take hold soon in Ontario with a lottery bet done right. With some work, it can work and help the sport get back on its feet again. WINNERS - WINNERS - WINNERS! Preferred’s January Mixed Sale consignment has all the fresh, winning racehorses you’re looking for! See our updated racelines & sale supplement. P.O. Box 2200 • Briarcliff Manor, NY 10510 • w w w .preferredequine.com In Support of Brian Sears In reading Bill Finley's article on Brian Sears' choice as to where he would work at this time, it was disappointing to see Jeff Gural's attitude. Certainly he should ask the sport’s best performers to support his business interests. And, if such support works for both Brian's career and Jeff's business, that would be great. However, when Brian decides that for him and his family it is best to work elsewhere, I believe that it was disrespectful for Jeff to say , "I guess he thinks he will make more money ---". I am pretty sure that " making more money" is not that bad a concept in Jeff's life, nor in any of our lives. I am very supportive of Jeff Gural's efforts in our business. I am quite sure that he has made a good business decision to bet that Atlantic City cannot survive due to the evolving competition, and New Jersey will grant him a full casino license. ( which he will richly deserve due to his investment and concept). Brian Sears is a good and honorable man. He has the right to choose his business path, without disrespectful comments from anyone. Fran Azur In Support of Jeff Gural I think Jeff Gural should be applauded. The absolute garbage that was going on for years was disgusting. Most of the so called "trainers" weren't trainers they were chemists. I talked to many of my horseplaying friends and they like the way things are going. So I tip my hat to Mr. Gural and if anyone gets caught cheating, send them packing like the rest of them!!! Thank You Ed Myers Another Gural Fan We can only hope and pray for our industry and the sake of these wonderful horses God has given us that all industry leaders follow Mr. Jeff Gural’s lead. What a wonderful gift he is to us. S. Kirk HarnessRacingUpdate.com • 1/20/13 PAGE 7 of 7 1, M, $22,500, Pace, A-1/A-2 Handicap Horses & Geldings Post Positions Drawn According to Class, 26.2, 53.3, 1:21.4, 1:50.0, FT Silent Swing (g, 11, Northern Luck--She Cantsay No, by Die Laughing), $20,000 2003 KY, O-David E Shea, CA & Mark S Ford. B-Robert L Maxon & Thomas M Neppell Jr. T-Mark Ford. D-David Miller, $11,250, Lifetime Record: 238-64-35-26, $1,881,152 To view replay click here 6, M, $20,000, Pace, A-2 Horses and Geldings, 27.3, 56.3, 1:24.4, 1:52.0, FT Dinner Guest (g, 8, No Pan Intended--Beach Guest, by Beach Towel), $47,000 2006 SHS-HBG, O-Rene M Allard, CA & Anatolia Racing Stb Inc. B-W alnridge Farm Inc & Birnam W ood Farms & David A Meirs III. T-Rene Allard. D-Simon Allard, $10,000, Lifetime Record: 129-31-16-9, $418,510 To view replay click here 11, M, $40,000, Pace, PRESIDENTIAL Free For All 2nd Leg, 26.2, 55.1, 1:22.2, 1:48.4, FT 1-Golden Receiver (g, 8, Village Jove--Royal Gold, by Towner's Big Guy) O-Our Horse Cents Stables & Nina Simmonds. B-Nina Simmonds. T-Mark Harder. D-Tim Tetrick, $20,000, Lifetime Record: 124-52-18-23, $1,649,758 2-Modern Legend (g, 5, Modern Art--Ruby Cam, by Camluck) O/B-Dave Drew Associates Inc, CA. T-David Drew. D-John Campbell, $10,000 3-Malak Uswaad N (h, 5, Bettor's Delight--Sirius Flight, by The Big Dog) O-Peter J Tritton Inc. B-Cavalla Bloodstock LTD, NZ. T-Peter Tritton. D-Ron Pierce, $4,800 Calls: 1H, 1H, 1Q, 2, 2H Finish Order: Dial Or Nodial, Mr Hasani N, Second W ind N, Versado, Fred And Ginger, Rockin The House, Meirs Hanover, Annieswesterncard To view replay click here 5, YR, $21,000, Pace, NON-W INNERS OF $18,000 IN LAST 6 STARTS, 27.3, 56.2, 1:25.2, 1:54.1, FT Jerry's Brown Gold (h, 6, Art Major--Ideal Dex, by Western Ideal), $37,000 2008 SHS-HBG, O-Fred Monteleone Stbl LLC. B-Blue Chip Bloodstock Inc. T-Conor Flynn. D-George Brennan, $10,500, Lifetime Record: 84-20-11-14, $404,211 To view replay click here 6, YR, $35,000, Pace, OPEN HANDICAP POST POSITIONS 1-5 ASSIGNED POST POSITIONS 6-8 DRAWN, 27.2, 55.3, 1:23.4, 1:52.4, FT Electrofire (h, 6, Electric Stena--Temples May Day, by Smartest Remark), $3,300 2008 NSPE, O-W est W ins Stable, CA & David S Miller. B-Arnold W J Fitzgerald, CA. T-Casie Coleman. D-Brian Sears, $17,500, Lifetime Record: 90-26-13-13, $282,823 To view replay click here 7, YR, $21,000, Pace, NON-W INNERS OF $19,000 IN LAST 6 STARTS, 27.3, 56.3, 1:24.4, 1:53.1, FT Grams Legacy (g, 5, Rocknroll Hanover--Kikikatie, by Real Artist) O-Todd A Rosenberg & Kathleen L Tufano. B-Susan E Grange, CA & Lothlorien Equestrian Cent, CA. T-Thomas Milici. D-Stephane Bouchard, $10,500, Lifetime Record: 43-9-9-2, $155,430 To view replay click here 8, YR, $28,000, Pace, W INNERS OVER $25,000 IN LAST 6 STARTS HANDICAP POST POSITION 1 ASSIGNED POST POSITIONS 2-5 DRAW N POST POSITIONS 6-8 DRAW N, 27.4, 56.2, 1:25.0, 1:53.1, FT Roadway (g, 7, Blissfull Hall--Terinatross, by Albatross) O-Tina L Adamczyk & Chad Lennon. B-Dean E Miller. T-Tina Adamczyk. D-George Brennan, $14,000, Lifetime Record: 138-22-21-29, $413,266 To view replay click here 9, YR, $21,000, Pace, NON-W INNERS OF $18,000 IN LAST 6 STARTS, 27.2, 56.2, 1:25.2, 1:53.2, FT Lettucerocku A (g, 6, Aces N' Sevens--Rochelle Hanover, by Vanston Hanover) O-Joseph V Muscara. B-Redbank Lodge Standardbreds, AS. T-Darran Cassar. D-Brian Sears, $10,500, Lifetime Record: 74-18-11-12, $212,249 To view replay click here 10, YR, $21,000, Pace, NON-W INNERS OF $18,000 IN LAST 6 STARTS, 28.2, 57.3, 1:26.0, 1:53.3, FT Our Cullenscrown N (g, 7, Christian Cullen--Crown Counsel, by Western Hanover) O-Muscara Racing Trust. B-Ian & Doreen Annette Dobson, NZ. T-Darran Cassar. D-Brian Sears, $10,500, Lifetime Record: 79-17-21-8, $219,240 To view replay click here 11, YR, $21,000, Pace, NON-W INNERS OF $18,000 IN LAST 6 STARTS, 28.2, 57.1, 1:25.4, 1:54.3, FT Defiance N (g, 9, In The Pocket--Sabelle, by Tuapeka Knight) O-Arthur Blutstein & Pace To Place Stable .Com Inc. B-Christopher H & Mrs T J Barlow, NZ. T-Darran Cassar. D-Brian Sears, $10,500, Lifetime Record: 126-32-19-7, $388,036 To view replay click here 12, YR, $24,000, Pace, NON-W INNERS OF $25,000 IN LAST 6 STARTS, 27.1, 55.4, 1:24.0, 1:52.4, FT Safe Harbor (g, 5, Village Jolt--Light Up, by Artsplace), $25,000 2009 SHS-HBG, O-Anthony T Lake. B-Dr John M & Judy A Egloff. T-Jason Ricco. D-George Brennan, $12,000, Lifetime Record: 67-14-6-9, $209,110 To view replay click here