Stable's Amberjack's attempt to sweep the Big Apple Triple series
Wednesday in the $150,000 Albany for New York-bred 3-year-olds
spotlights the enormous rise in success of the state's breeding program
in recent years.
will earn his connections a $250,000 bonus if he wins the 1 1/8-mile
Albany, having already captured the Mike Lee on June 1 at Belmont Park
and the New York Derby on July 20 at Finger Lakes.
Amberjack is a symbol of New York thoroughbred breeding success, the
robust performance of the Fasig-Tipton Saratoga New York Bred Preferred
Yearling Sale on August 10-11 tells a more tangible story, as does the
rise in purses for state-bred races at the New York Racing Association
Inc. (NYRA) tracks.
set records with this sale," said Jeff Cannizzo, executive director of
the New York Thoroughbred Breeders. "This year's sale included a
catalogue that was not only of quality in terms of pedigrees, but the
physical component that went along with that was improved. Buyers
commented all weekend, how visually they noticed an upgrade in physical
presentation for the yearlings in this sale."
total of 196 horses sold for $14.2 million at the sale, up from 138
horses for $8.6 million in 2012. The average price rose to $72,480, up
from $62,551. Only 124 horses were sold at the sale in 2011.
The sales topper went for a record $430,000 and 43 yearlings sold for in excess of $100,000.
Amberjack is a graduate of the 2011 Preferred Yearling Sale and went for $185,000.
the bullish run at the sale is a rise in purses NYRA announced in 2011
and instituted last year, said Cannizzo and P.J. Campo, vice president
and director of racing for NYRA.
of Monday, we've run 402 races and given away $22.5 million; last year,
we ran about 584 New York-bred races and gave away about $34 million -
it's a very strong program," Campo said. "You see the sales are up two
years in a row, tremendously. The fact that you've got Amberjack going
for the sweep, I think you have a better quality of horses, and it's
exciting to see the program growing."
New York State Equine Industries Economic Impact Study conducted by the
Innovation Group in 2012 found the impact of equine activities in the
state reached $4.2 billion with 33,000 full-time equivalent jobs.
Racing's direct impact on the state economy was $965.5 million, with
13,700 different horse owners in racing.
key driver is purse structure, hands down," Cannizzo said. "When horses
can run for the purse money that's available here in New York, it
drives everything. New York-breds are running for lucrative purses, and
the demand for them has gone up with that."
Campo, who has worked at NYRA for the past 16 years, is excited about the future.
you have better purse money, it drives people to breed a better horse,"
he said. "Purses are up, sales are up, breeding is going in the right
direction - positive, positive, positive."