Some Phipps mares going to Keeneland Nov. sale
 

http://www.bloodhorse.com/horse-raci...s-at-keeneland

The dams of Persistently and Sightseeing are among those heading to the breeding stock sale. Just Reward is 11, by Deputy Minister out of Heavenly Prize, and in foal to Malibu Moon. Resort is 13, by Pleasant Colony out of Extravagant Woman, and in foal to Tapit.

The economy is affecting everyone

“The decision to sell some of our horses was made as part of the normal course of stable management,” Phipps’s daughter Daisy Phipps Pulito, who aids her father in running the stable, said in a statement distributed by Keeneland. “My family remains fully invested in the Thoroughbred industry.”

What do you expect them to say?

Not even the Phippses can keep all of their mares; new fillies keep being retired every year. The stable hasn't had many big money earners of late, so it may make sense, tax-wise, to sell proven producers (they might never have another SW, after all) since they will bring the best prices - proves you are running your operation like a business, not a hobby.

Resort in foal to Tapit looks like the better investment, even though she is 2 years older than Just Reward. Tapit has continued to sire SW's and they run on all surfaces.

That's silly.

The Phipps' sold a Kentucky Derby winner.

Super Saver's dam, Supercharger was sold in foal (to DH )to Winstar.
Maybe if the Phipps' had a Derby winner they would hang on to their mares.

This is not new. The Phipps family sells horses at the Keeneland sales every year. Last September they sold a half to Persistently for 11K. After the grade 1 win Just Rewards value is as high as it will be. Last November I think they sold Grand Gala, Preaching, Winning Bet and Cashier. They sold Supercharger in foal with Super Savor a few years ago.

It's not new for them to sell, it's new for them to press release it...meaning there is likely more going on under the surface...

Ding ding ding

Not to mention Yearlings out of Strategy and Furlough, Cologne.. The Furlough is a Smart Strike to boot..

The Phipps' need money so badly they are selling primo mares in a recessionary market? Hard to believe.


Bessemer is the one of the largest U.S. wealth managers and a top adviser to utra-rich families, overseeing $55.4 billion in client assets. The average client has more than $26 million.

If they'd have kept that mare, the 2010 Derby winner would have been Ice Box!

+1.

Why is that?

Is Zito a better trainer than McGaughey?:zz:

Joke is that the conservative connections would have never run in the derby.

unless of course your being sarcastic, cant tell.

Lets just say the Winstar team was far more likely to run, and also more likely to win, than the Phipps team.

maybe keeneland is just trying to generate more interest in the sale?

I didn't say they need money. But thanks for the education.