Coteau Grove Farms Colt is Sale Topper and Sets Louisiana Record at $210,000


Sale Topper Sets Louisiana Record at $210,000

(West Monroe, La.) – September 24, 2013 - A chestnut yearling colt by Awesome Again out Clear Sailing by Empire Maker fetched $210,000.  The colt was bred and foaled by Coteau Grove Farms, LLC in Sunset, Louisiana and purchased by Brittlyn Stables, LLC. Brittlyn Stables is the owner of multiple Louisiana Thoroughbred Breeders Association Horse of the Year winner, Star Guitar.

Consigned by Pelican State Thoroughbreds, the colt had lots of interest the days leading up to the sale as well as the morning of the sale. Coteau Grove Farms owner, Keith Myers, reported that he received phone calls from all over the United States once the catalog was published.

“We had lots of new traffic this year,” said Daren English, sales director for the Breeders Sales Company of Louisiana, Inc., a wholly owned subsidiary of the Louisiana Thoroughbred Breeders Association. “Buyers showed up from Kentucky, Florida, Texas, Oklahoma, Missouri and more. We worked hard to make sure that our consignors had a good audience for the sale.”

202 yearlings were cataloged for the sale and produced a gross volume of $2,000,300. The average sale price was $14,288 with 140 sold, 17 outs and 45 buy backs.

“I told several people when the catalog was published that we had ‘broodmare power,’” said English. “The sale topper and several other acquisitions seem to point in that direction.”

The sale topper’s dam, Clear Sailing, was the November 17, 2009 Keeneland sale topper at $255,000.

Coteau Grove Farms, LLC bought Clear Sailing from the Overbrook Farm dispersal. Clear Sailing is out of the Old Trieste mare Steady Course, who is a half-sister to grade II winner and former Overbrook sire Jump Start. Clear Sailing was a $190,000 buy-back at Keeneland’s September yearling sale, and finished third in her only start, a maiden event at Churchill Downs the year prior to this sale.

After routing her rivals in a sprint against maidens in late December 2009 at the Fair Grounds, Clear Sailing was up to the challenge of her first stakes race in February 2010, winning the Pelleteri at the Fair Grounds with a strong stretch run. After suffering a career ending injury later that year, she was retired to Coteau Grove Farms and bred to Awesome Again in early 2011. The sale topper colt is her first foal.

“We are pleased for our consignors and breeders,” said Roger Heitzmann, secretary/treasurer for the Louisiana Thoroughbred Breeders Association and executive director for the sale.

All accredited Louisiana bred foals of 2012 auctioned in this sale are eligible for a Bayou State Bonus. Any such colt/gelding sold in this sale winning the 2014 Louisiana Champions Day Juvenile, the 2015 Crescent City Derby, and the 2015 A.L. “Red” Erwin Memorial Stakes will receive a $100,000 bonus at the completion of the final race. Any such filly sold in this sale winning the 2014 Louisiana Champions Day Lassie, the 2015 Crescent City Oaks, and the 2015 Elge Rasberry Memorial Stakes will receive a $100,000 bonus at the official completion of the final race.

The bonus paid will be added to the earnings of the winning horse and paid to the owner of the horse after the official completion of the final race. Sittin At The Bar, a 2011 sales graduate, was the first ever to win either division.

 “This sale is an indication of the popularity of Louisiana breds and a credit to our breeders. We had a big audience at the sale and online through our webcast. The sales staff did a great job organizing and running the sale. This has been one of our best sales.”

Valene Farms picked up a Half Ours Filly by Elegant Designer for $45,000. Murray Valene is long time supporter of the Louisiana Bred. His 2012 Breeders Sales Company of Louisiana acquisition, Designer Legs, is pointed towards the Breeders Cup.

Coteau Grove Farms, LLC purchased the second highest priced sales horse by Good and Tough out of May Gator by Green Alligator. The purchase price was $70,000.

Tom Early reported selling just about every horse he had at prices more than he expected. “The best thing is that the horses are staying local,” said Early.

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