Marette Farrell

Tom Mullikin, who runs Mullikin Farm with his wife Michelle, admits he doesn't have the assets to compete at the highest level of the breeding business. "I'm the son of a Washington DC deputy fire chief and Michelle is the daughter of a retired air force pilot," Mullikin said. "We are not working off a trust fund. We're mom and pop. We do everything ourselves, from foaling mares to mucking stalls. A lot of the mares we get are handed down or gifted to us." That's not the easiest way...

TIMONIUM, MD - Despite a smaller catalogue, the Fasig-Tipton Midlantic Fall Yearling Sale produced an average and median in line with its 2023 edition Tuesday at the Maryland State Fairgrounds in Timonium. "It was fine. It wasn't exceptional, it wasn't terrible. It was a solid day of work," said Fasig-Tipton President Boyd Browning, Jr. at the close of business Tuesday. "There was significant demand for what were perceived to be the better horses. The lower end, the horses that were either considered conformationally lacking or were lacking in terms of...

Brook Smith and Carrie Brogden have been appointed to the board of directors of Thoroughbred Charities of America, the organization announced Wednesday. Current directors Marette Farrell and Marshall Gramm were named secretary and treasurer, respectively. Smith is a resident of Louisville, Kentucky. After graduating from Clemson University with a degree in finance, he returned to Kentucky and launched a career in the insurance industry, as a broker with his agency Smith Manus (now Acrisure) and as a partner in Lexon Insurance Group. He is a serial entrepreneur and big supporter...

by Jessica Martini & Christina Bossinakis SARATOGA SPRINGS, NY - The Fasig-Tipton Saratoga Sale, which opened Monday with figures on pace for a third year of records, concluded Tuesday with an electric session which demolished the sale's previous high for gross, average, and median. At the close of business Tuesday, 154 yearlings sold for $82,160,000--highest ever in the auction's 103-year history, surpassing the previous record of $75,055,000 set last year. The average of $533,506 also improved on the 2023 record figure of $487,370, while the median of $425,000 bettered the...

by Jessica Martini & Stefanie Grimm OCALA, FL - The action picked up noticeably during the second session of the Ocala Breeders' Sales Company's Spring Sale of 2-Year-Olds in Training and, with the auction's first seven-figure offering leading the way, figures concluded above 2023 levels Wednesday evening. "It was an excellent day," OBS Director of Sales Tod Wojciechowski said at the close of business Wednesday. "As I said yesterday, there are plenty of good horses left to be sold and obviously that was borne out today. Quality horses sell well...

by Jessica Martini & Christina Bossinakis OCALA, FL - With a pair of colts topping the seven-figure mark, the tempo picked up during the second session of the Ocala Breeders' Sales Company's March Sale of 2-Year-Olds in Training Wednesday. With 144 horses sold Wednesday for $25,488,000, the session average was $177,000--up 6.2% from last year's corresponding session--and the median of $87,500 declined 2.8% from a year ago. The buy-back rate was 31.8%. "I thought it was a very good session," said OBS Director of Sales Tod Wojciechowski. "It felt like...

A colt by Practical Joke led the way Wednesday, kicking off Book 5 of the Keeneland September Yearling Sale in Lexington. Consigned by Bluewater Sales, Hip 2980 is out of Jetbird (Wildcat Heir), a half-sister to Group 1 winner X Y Jet (Kantharos). "We were prepared [for the $250,000 price] because of the entire package," said CJ Thoroughbred's Corey Johnson. "We felt between $200,000-$250,000 was what it was going to take to purchase him. We were expecting somewhere around that number." On Day 9, Ashford's Practical Joke was the second...

by Jessica Martini & Christina Bossinakis LEXINGTON, KY - With the very first horse through the ring bringing $1.3 million, the second session of the Keeneland September Yearling Sale was off to the races Tuesday and the action didn't slow down throughout the day as the second-to-last offering brought $1.25 million. In between, 13 other yearlings sold for seven figures, including a colt by Into Mischief who brought top price of $3 million from the partnership of Chuck Sonson, West Point Thoroughbreds and Woodford. With eight million-dollar yearlings Monday, the...

The seventh panel of the OwnerView Virtual Thoroughbred Owner Conference held Tuesday, Aug. 15, is now online, the organization said in a release early Thursday. The session featured bloodstock agents Erin Birkenhauer, Marette Farrell and Mike Ryan, plus auctioneer Tom Biederman discussing horse selection and the bidding process at Thoroughbred auctions. The panel was moderated by OwnerView's project manager, Gary Falter. Topics included yearling sales, buying 2-year-olds, buying horses in training, the importance of vet records and conformation. "For people getting into the business for the first time, a great...

LEXINGTON, KY - The Fasig-Tipton July Sale of Selected Yearlings will open the yearling sales season Tuesday in Lexington, with bidding slated to begin at Newtown Paddocks at 10 a.m. The 370 catalogued offerings kick off with a selection of 109 yearlings by first-crop sires. Activity at the sales barns was brisk throughout the weekend and continued to be strong on a cloudless, sunny morning in Lexington Monday. "We are into day three of showing," said Kerry Cauthen outside of his Four Star Sales consignment barn. "The first two days...

Chase Chamberlin scrutinized the numbers. It was a Dickensian moment to be sure. The bank account didn't lie, he did in fact have a $120 balance. There wasn't any way around it, he was broke. Well, nearly broke. It was just a couple years prior that he had received one heck of a proposal though and it wasn't something he could pass up. So going all-in, as they say, was the plan. Not to put too fine a point on it, when opportunity knocks or in this case, arrives via...

by Jessica Martini & Christina Bossinakis OCALA, FL - The Ocala Breeders' Sales Company's Spring Sale of 2-Year-Olds in Training completed its four-day run Friday with a  new record gross and average and a record-tying median in an auction which closely mirrored the 2022 renewal which set high-water marks for all of those metrics. Through four sessions, 698 horses grossed $90,805,000. A year ago, 705 horses grossed a record $90,723,000. The 2023 average of $129,907 was up fractionally from $128,685. The median remained unchanged at $65,000. "It was a great...