Sid Fernando

Sid Fernando is president and CEO of Werk Thoroughbred Consultants, Inc., originator of the Werk Nick Rating and eNicks. He has written a bi-weekly column for the TDN since March, 2018.

Taking Stock: Street Sense Poised for Big Years

“He's technically full,” said Darley America sales manager Darren Fox the other day, discussing Gl Kentucky Derby winner Street Sense (Street Cry {Ire}), who's standing this year for $60,000, down from $75,000 in 2020. “If you had a nice mare, there's a couple of spots that mares haven't been named yet. We keep him at [...]

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Taking Stock: Midnight Bourbon's American Lines

Throughout time, American bloodstock has been continually infused with new blood from other countries, just as a long history of immigration has made this country a melting pot of cultures. But these things come at some cost, don't they? What of the more or less original American sire and dam lines that have been subverted [...]

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Taking Stock: The Widener Influence in Capo Kane

Two years ago at Keeneland January, a short yearling colt by Street Sense from Twirl Me, by Hard Spun, exchanged hands for $35,000. He'd been sold in-utero by Godolphin for $30,000 at Keeneland November in 2017 and was foaled the following year in Bakersfield, California, at Jason Tackitt's Rising Star Farm, the colt's official breeder. [...]

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Fletcher Jones's Unusual Racing Legacy

Warmed by the fireplace, or perhaps by sipping yet another glass of a Santa Ynez vineyard's rich and full-bodied red, I was contemplating the new year and how it needs to be better than the fiasco that was 2020. The wine, by the way, was issued by a label called Westerly and named Fletcher's Red, [...]

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Taking Stock: Nashville, Charlatan, and Speightstown

Speightstown (Gone West)'s highly promising 3-year-old colts Nashville and Charlatan are set to square off in the Gl Malibu S. over seven furlongs on opening day at Santa Anita Dec. 26, and the race already has the feel of an anticipated prize fight to it, all the way down to their respective heavyweight connections, who [...]

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Taking Stock: Performance vs. Stud Fee for the Small Owner-Breeder

By the time a stallion has established himself at stud, his fee is usually determined by performance, not the hype that surrounds new horses when they first enter stud. There are, of course, many ways to measure performance, including progeny earnings (which determines placement on the General Sires list), percent of black-type winners to named [...]

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Taking Stock: Champion 3-Year-Old Fillies at Stud

Champion fillies were rarely sold at public auction when owner/breeders dominated the sport for a good part of the last century. All of that changed from the 1980s onward when the industry became more commercialized and highly charged at the top end with international bidding wars for yearlings and breeding stock. Back then, folks like [...]

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Taking Stock: Yearling Averages and Unproven Sires

The bloodstock industry in Kentucky is heavily weighted to the commercial marketplace, and when the first yearlings of a stallion sell well, sometimes even experienced commercial breeders can get momentarily caught up in the euphoria. A breeder called me after the Fasig-Tipton October Sale to say that he was going to breed to such a [...]

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Taking Stock: Fifth-Year Stallions and Brody's Cause

Much has been made lately in Kentucky on farms reducing stud fees in response to the blighted economy, but there's a group of stallions whose fees would have mostly dropped as a matter of course even in booming times. These are second- through fifth-year stallions; frequently, fees for horses entering their fifth season at stud [...]

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Taking Stock: The Daredevil Syndrome

You know this adage well: “Sell a stallion overseas and he'll catch fire.” The latest example is Daredevil (More Than Ready), whose remarkable first-crop daughter Swiss Skydiver put on a show for the ages on Saturday to deny Gl Kentucky Derby winner Authentic (Into Mischief) the Gl Preakness S. at Pimlico. Trained by a daredevil [...]

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Taking Stock: Keeneland Numbers Are Troubling

With a pandemic that's led to the loss of 200,000 lives, the loss of jobs, and overall economic instability that's affected most people except for the super wealthy that are heavily invested in the stock market, no one expected the Keeneland September yearling sale to be anything but down by gross and average versus last [...]

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Taking Stock: Nyquist Off the Grade I Mark

Spendthrift purchased the breeding rights to Authentic before the Grade l Santa Anita Derby, and the $9 million kicker it agreed to pay Authentic's former ownership group for winning the Gl Kentucky Derby is indicative of the premium that's placed on a stallion prospect with North America's most prestigious Classic on his resume. A front-running [...]

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