News 2017-10-05T10:08:01+00:00

Ryan Reminded of Palace Malice in Keeneland Purchase: BloodHorse Daily 9/17/17

September 17th, 2017|0 Comments

Hip 1630, a Curlin colt consigned by KatieRich Farms, sells to Mike Ryan for $450,000 Sept. 17

Hip 1630, a Curlin colt consigned by KatieRich Farms, sells to Mike Ryan for $450,000 Sept. 17
Photo by Anne Eberhardt

By: Ron Mitchell

When agent Mike Ryan first saw Hip 1630, a Curlin  colt bred and consigned by KatieRich Farms, he was reminded of another son of Curlin that he purchased with Niall Brennan a few years ago.

“He reminded me a lot of Palace Malice . (He had) a lot of leg—a beautiful quality to him,” Ryan said of the yearling colt he purchased for $450,000 during the Sept. 17 sixth session of the Keeneland September yearling sale.

“He reminded me a lot of him (Palace Malice), just very smooth, light on his feet, (with a) great line of mechanics to him. Nothing I could really fault him on,” he added. “I knew when I saw him on the farm Aug. 24 …  he wasn’t going to be cheap. He oozes quality.”

The colt, who is out of the winning A.P. Indy mare False Impression and comes from the extended female family of 2012 Kentucky Oaks (G1) winner Believe You Can, has big shoes to fill as 2013 Belmont Stakes (G1) winner Palace Malice finished his career with six graded stakes wins and more than $2.6 million in earnings.

“I wouldn’t say he’s a bargain, but we’re very happy to have the horse (Hip 1630). We didn’t steal him by any means. He was well sold, but at the same time we got a good horse,” the agent said.

Ryan, who has been active throughout the September sale so far, made six other purchases during the Sunday session, including a Scat Daddy filly, Hip 1653, for $400,000 out of the Hermitage Farm consignment.

“The good ones are getting a little scarcer, but the there are still a lot of nice horses here today.”

Erin Shea contributed to this story.

Rising Stock, KatieRich Farms Becoming Known for Quality Consignments: BloodHorse 9/2/17

September 2nd, 2017|0 Comments

By: Lenny Shulman

LARRY DOYLE IS NOTHING IF not a numbers guy. So when the former Wall Street stockbroker and money manager looks over the results from last year’s Keeneland September yearling sale, he takes a measure of assurance and pride that his plans for his KatieRich Farms are coming to fruition. Among the leading consignors by average, there is KatieRich, named for his and wife Karen’s two children, having sold nine yearlings for an average of $204,556.

Those graduates, now 2-year-olds and in the care of trainers such as Shug McGaughey and Bob Baffert, seem poised, along with KatieRich graduates from previous sales, to make a name not only for themselves but for the Doyles’ operation near Midway, Ky., which is on track to burst forward after being conceived just a decade ago.

A native of Long Island, Larry Doyle in his formative years hitchhiked to Belmont Park with an older brother, enhancing his love of numbers through handicapping. Taking his numeric skills to Wall Street, Doyle, now 59, took a job in 1981 with Thomas Mellon Evans, the owner of that year’s dual classic winner Pleasant Colony. Working closely with Evans’ accounting team, Doyle was able to immerse himself in the business aspect of the horse racing industry, and as his career trajectory rose, he took the jump into Thoroughbred ownership.

 “Being a stockbroker by trade, then evolving into money management, you get some preparation for the horse business, but the horse business is a bit more challenging than the stock market,”
Doyle noted. “In fact, the stock market is like tic-tac-toe compared to the horse business. “You make some money and then you say, ‘Let’s go try our luck in a negative return business and see how we do,’ ” he said with a laugh. Doyle has managed to keep a positive attitude, though, buffered by the fact that John Malone, whose Liberty Media stock Doyle has been invested in for more than 30 years, has made a huge investment in Thoroughbreds with his purchase of Bridlewood Farm near Ocala, Fla.

“It’s been rewarding being a shareholder with him,” said Doyle. “He’s a remarkable and brilliant man, and I’m curious how long he stays in racehorses.”

 Doyle began in racehorses in 2000 when he purchased the Carson City filly Miss City Halo at Keeneland September and the Clever Trick filly Miss Mary Apples for $37,000 a year later. Miss Halo City won the Martha Washington Stakes at 3, and Miss Mary Apples showed promise when second in the Schuylerville Stakes (G2) at 2. Hampered by a breathing problem, Miss Mary Apples placed in four other stakes and ran up $171,172 in earnings. Both Miss City Halo and Miss Mary Apples remain in the KatieRich broodmare band today, with Miss Mary Apples enjoying success when her first foal, Miss Red Delicious (by Empire Maker), became a two-time stakes winner of more than $200,000 and her Pure Prize filly, Dr. Diamonds Prize, a stakes winner of more than $240,000.

Doyle boarded his mares at an outside farm during his early years in the breeding end of the industry, and in 2007 he and Karen decided to search for a small farm to call their own. The timing didn’t seem to work in their favor initially, but all’s well that ends well. In the teeth of a strong real estate market, there wasn’t a lot of inventory, so they bought a 330-acre cattle farm on Leestown Road, considerably more land than they had in mind.

The financial crisis that became known as the Great Recession came along a year later, putting farms for sale wherever one looked. However, the Doyles ended up quite pleased with their parcel, which they converted into a showplace farm under the direction of president, head trainer, and any other title that comes along Mark Hubley, and the construction expertise of Robert “Elmo” Richardson,  a mason who oversaw construction of the barns and roads on the KatieRich property.

Key positions at the farm today are filled by manager Tammy Ingebritson and foremen David Ramirez and Orlin Baires. (more…)

Lisa’s Booby Trap’s First Foal Sells for $135,000

August 14th, 2017|0 Comments

By Joe Nevills

Fasig-Tipton photo
Lisa’s Booby Trap’s first foal was shown 65 times at the Fasig-Tipton sale.

It’s been seven years since Lisa’s Booby Trap came from Finger Lakes and scored an underdog victory in the Loudonville Stakes at Saratoga, but her name was still heard Saturday when her first foal, a Big Brown colt, sold to SGV Thoroughbreds for $135,000 at the Fasig-Tipton New York-bred yearling sale.

Lisa’s Booby Trap earned a cult following for succeeding in spite of her humble beginnings – she’s blind in one eye and has a club foot – and those same factors create another uphill battle when it comes to marketing her foals.

That challenge has been taken by Mark Hubley, president of KatieRich Farms, which bought Lisa’s Booby Trap in summer 2015 following the death of Tim Snyder, the massive mare’s longtime owner and trainer. She resides on the KatieRich property in Midway, Ky.

“There have been some people that have been aware of who Lisa’s Booby Trap is, and others not,” Hubley said prior to the sale. “She’s probably more popular with the fans than the pinhookers and bloodstock agents.”

Hubley and Snyder’s friendship reached back to their time at Finger Lakes in the 1980s. When Lisa’s Booby Trap was reaching the end of her ontrack career, Hubley contacted the trainer to discuss breeding plans, such as potentially entering a foal-share agreement to send the mare to higher-quality stallions, or consigning her at auction. However, they never came together on a deal.

After Snyder’s death in March 2015, Hubley was contacted about buying the mare with the Big Brown colt that sold Saturday in-utero. Though he was her first foal, it was the second year of her broodmare career after a visit to Disco Rico failed to produce a foal the previous season.

“I bought her in foal, so I didn’t do the mating,” Hubley said. “She’s going to go to good stallions. She’s got a Tale of the Cat weanling who is also very big, and Tale of the Cats are generally not that big. She’s in foal to Hard Spun, and that thing ought to be a giraffe.”

Hubley said the Big Brown colt was shown about 65 times Friday, the auction’s first full day for inspections.

“I think he brings a lot, especially for a first foal,” Hubley said. “He’s got a lot of substance and good size. He’s got a good temperament. We’ve got fancier colts in the September sale, but I think he compares very favorably with anything we have.”

Steven Venosa of SGV Thoroughbreds said the colt would eventually be trained by New York-based George Weaver. While he was well aware of the mare’s story, Venosa said the colt sold himself.

“We kind of factored that in, but we just thought he was the best physical in the sale,” he said. “We liked the horse a lot, and that’s why we bought him.”

Courtesy of Daily Racing Form

Bookman Wins at Keeneland

April 24th, 2017|0 Comments

Congratulations are in order for Larry, Karen, Mark and the KatieRich team on the impressive win by Bookman in the 5th race on Keeneland’s April 23rd card. This colt ran a great race winning in stellar fashion wire to wire. On a side note, Bookman’s dam, Papa Sids Girl also won impressively for her first career start at Keeneland in April of 2003. We look forward to a bright future for this colt.

KatieRich Farms had a Productive Day at Keeneland September Saturday

September 18th, 2016|0 Comments

Getting ‘Rich’ at KEESEP

Larry and Karen Doyle’s KatieRich Farms had a productive day at Keeneland September Saturday, selling four yearlings for a combined $1,545,000, including the $650,000 Ghostzapper colt (hip 1231) who went to Dickman Legacy Ranch.

“We’re very happy–they did a great job on the farm,” offered Larry Doyle while overseeing one of his other offerings in the back ring. “[Farm manager] Tammy [Ingebritson] did a terrific job raising the horse and bringing him up. I think they got a really nice horse.”

Doyle said he purchased hip 1231’s dam Formal Affair (Dynaformer), a half to GI Blue Grass S. hero The Cliff’s Edge (Gulch), privately several years ago. Her Harlan’s Holiday filly sold for $190,000 at Fasig-Tipton Saratoga two years ago.

“I was [expecting a nice price]–maybe not $650,000, but maybe in the $400,000 [range],” Doyle said of the price tag for the Ghostzapper colt. “Our reserve was $250,000, but I thought it would go a lot higher–there was a lot of action on the horse.”

Doyle’s operation has done well in previous years later in the sale. KatieRich sold a $700,000 Smart Strike filly to top Session 6 at this auction in 2014.

Among KatieRich’s other Saturday offerings was hip 1274, the last Tapit to go through the ring during this year’s sale. Agents Hanzly Albina and Nick Sallusto purchased the colt for $475,000 on behalf of an undisclosed client.

“He’s just a beautiful example of what his good sire can do,” said Albina. “His body was unbelievable, beautiful walk–the usual.”

Sallusto noted that the colt, whose third dam is Hall of Famer Personal Ensign (Private Account), was a candidate to be resold at a 2-year-old sale next year. His dam was sold by KatieRich for $530,000 in foal to Curlin at the 2015 Keeneland November Sale.

KatieRich’s third well-sold yearling was hip 1334, a More Than Ready half-sister to recent Kentucky Downs Juvenile S. runner-up Parlor (Lonhro {Aus}). The May 9 foal went to Justin Casse, Agent for Joe Minor’s JSM Eqine, for $390,000.

KatieRich also sold a Tapit filly out of GISW Her Smile (Include) at the Fasig-Tipton Saratoga sale in August. –@BDiDonatoTDN

Click Here For The Full Article

Smart Strike Filly Sells for $700,000

September 15th, 2014|0 Comments

KatieRich Farms Smart Strike Filly Hip 1482 is the most expensive offering of Book 2, selling for $700,000.

Click Here to Read More About Hip 1482

September 2014

September 4th, 2014|0 Comments

By Lonhro Coming September ′14

October 29th, 2013|0 Comments

by Erin Mayer

Out of Miss Mary Apples

Out of Secret Asset

See more out of Lonhro by visiting the Darley website.

Welcome

October 14th, 2013|0 Comments

by Erin Mayer

Hello all!

Welcome to the KatieRich Farms blog.

This page will be constantly updated with the happening on the farm and racetrack so check back often!

Thanks,

KatieRich Farms Team