Bidding is currently open on Fasig-Tipton Digital for the Magnolia Racing Syndicate Flash Sale, a two-horse digital auction offering horses in training. The sale provided only one pair of 2-year-old ponies – both owned by Magnolia Racing Syndicate LLC and trained in Ireland by Joseph O’Brien – that finished first and second in the same first race in Ireland on June 17.
Goa Gajah (Bal a Bali {Brz}) and Lakota Seven (Ire) (Sioux Country) completed in that order (VIDEO) at Down Royal last Friday in Ireland, showing development Magnolia Racing Syndicate directed by Justin Casse and Joseph O’Brien their first winner. Goa Gajah – named for a place of spiritual meditation in Bali – was purchased for $26,000 during a feverish October 2021 sale at Fasig-Tipton Kentucky. The Lakota Seven, second 2½ by length in that race, were picked by Casse and O’Brien for 125,000 euros at last year’s Goffs Orby, and will start Friday first. From just four runners with seven starting to date, the budding run has made two additional attempts to Goa Gajah’s victory.
“It’s a good start,” Casse said. “You’re always a little nervous about how a project – an initial project – is going to start, especially in this business, where things never go as planned. That said, we are very happy with the start of things.”
There were initially 11 horses in the mix, four Kentucky crosses purchased at Fasig-Tipton October, and seven European crosses. They all trained with Joseph O’Brien in Ireland. They spent 562,000 euros on Orby, with the Lakota Seven being the most expensive of the bunch.
Casse says that the evolution of the kind of pop-up or quick sale that Fasig-Tipton is offering fits perfectly with the way the couple wants to market the horses.
“The basis of the project itself is the willingness and willingness to sell any well-run horse to take advantage of the strength of the private racehorse market,” says Casse. “Both of them came out of the race brilliantly. We are arranging their inspection and videos and photos for sale to potential buyers as we speak. As much as we want to keep them, we have to stick to the model. With that in mind, we’re still willing to maintain a small portion when it makes sense. ”
“We are very excited about the idea,” said Casse, who added that from four Magnolias to date, the pair will be the third and fourth to go on sale. “Considering what the strategy is, to have a chance of having four of the first four runners on sale would be a great start.”
Last October, after they started their buying campaign, Casse told TDN that he had been starting the idea of an organization for a few years, but had gathered partners last fall only. in 30 days.
“The good and bragging part of me is looking at these horses for their value and what they can sell for if they run well,” Casse said at the time, “as opposed to,” Casse said at the time. trying not to get carried away and paying the ultimate price – the user price. Joseph knew this horse well. Both of our families cut through the horse trade at some stage in our careers.”
“When I look at horses in Fasig, I mainly select stallions on the field. I don’t care much for their commercial viability. I’m more interested in physicality. For me, Goa Gajah fits a lot of what I look for when I go to Europe to buy horses. He used himself very well. He was very fluid with his actions, with both his back and front end and he made a very nice move. He was very balanced.”
Goa Gajah will be deposited as Hips 2 by Paramount Sales. A Kentucky hybrid of Bal a Bali, Brazilian Triple Crown winner and multiple U.S. First Class winners, he doesn’t look like a full sister to the graded multi-stakes winner. and Record Setting Optimizer. His elite Phipps pedigree includes Flightline many current undefeated Class I winners (Tapit). Lakota Seven (Hips 1), by G1 winner Phoenix S. Sioux Country, has a pedigree that includes I Senure award winners, Speak in Passing; and champions Rags to Riches, Peeping Fawn and Xaar. They will be consigned by Taylor Made Sales.
And the timing to buy proven young racing stocks couldn’t be better, he said. “Trying to sell these two in the footsteps of Royal Ascot, when people have just returned home from that experience, is ideal. Both seem like horses are the progressive kind and are only going to get better. The Lakota Seven will be eligible for the lucrative maiden wallets in the US or anywhere. He looked like he was going to be a horse that wanted to go a mile to a mile and a quarter. And Goa Gajah, being a Kentucky hybrid, in our mind, if we hadn’t sold him, we would have taken him to Saratoga with an eye toward the Kentucky Downs with lucrative wallets for the kids. their 2 years old. “
“This is another exciting first for Fasig-Tipton Digital, offering two horses owned and trained by breed connections,” said Leif Aaron, Fasig-Tipton Digital Sales Manager. together. “Both horses offer exciting and lucrative racing opportunities, especially in Europe or this summer in the United States.
Each horse’s catalog page offers photos, walking videos, race replays, and other helpful resources. Potential buyers can also schedule an in-person inspection in Ireland by contacting the consignor of each horse.
Bidding closes on Tuesday, June 28, at 2 p.m. EDT.
