In an earlier post, It Must Be Something IN The Water … I looked at the relative positions of shuttle sires in the northern and southern hemispheres, voicing the opinion that it would be short-sighted in the case of Galileo to dismiss a stamina-inclined sire down here when his oldest runners have just turned four (and even moreso when many of them have been cooling their heels over EI).
Galileo came up with a treble today, the four-year-old Nairobi in Perth and the three-year-old fillies Skye Gold (Moonee Valley) and Thebe (Kembla Grange). They won like progressive types.
There has been a 42% decline in Galileo's average yearling price from his first crop (sold 2005) to his third crop (sold 2007 when his oldest were three). In 2007, 43 of the 59 Galileo yearlings sold through the ring couldn't make $100,000 (conceived on advertised fee of $35,750 including GST). A further 11 were passed in at bids below that level.
He seemed to suffer badly when his unexpected 11 first-crop two-year-old winners didn’t go on with it at three, reinforcing the entrenched snitch against the Sadler’s Wells male line. But the emphasis in the Australian racing system doesn’t help a sire like Galileo in the early stages of a siring career. Australasia’s greatest sire Zabeel was bagged in Australia when his progeny began racing; some shareholders took notice and bailed out, much to their eternal cost. There is such a quick rush to judgment.
Trainers are only experimenting when a new line of horses comes before them, it's a trial and error process. Based on their lack of success with some sires during the initial stages some breeds can be prematurely condemned. Not that those trainers would ever admit it (I vividly recall several declaring Sackford was the next Sir Tristram when he had left a handful of early two-year-old winners). It's been my observation that as a breed trainers don't have a profound appreciation of pedigree and performance much beyond these shores. And you can't blame them, they're too busy training and forming conclusions based on their slim samples. Every corner I turn at the moment, someone is breathing Lonhro on me. Truth is, I don't have a clue whether he's going to make it or not, but they have only contested five races so far (as at 29 December) so I figure there's a wide margin of error still.
With the market running hot and cold on Galileo, and with him simultaneously starring up north, it wasn’t surprising he didn’t make a reappearance down under in 2007. If he does gather momentum here, there are about 200 yearlings and foals by him still to go through the system.
I, for one, hope he does kick on because on performance and pedigree he represents the pinnacle of the classic breed and as an individual they don’t come much nicer. In an ideal world that's the sort of horse one hopes will perpetuate the breed.
Disclosure: Galileo: I’ve never booked a mare to him, don’t own shares in him, and have only bought one. Lonhro ditto.
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7 comments:
I believe that Giant's Causeway may have suffered a similar fate here in Australia. What say you?
I wrote in an earlier post that Giant's Causeway deserves another year before the jury comes in. There was greater early expectation lumped on him because he had claims to some precocity at two (unbeaten in 3 races), he's by Storm Cat out of a mare who was a G2 winner at two. Galileo's optimum racing distance was longer than Giant's Causeway's. He won his only start at two, a mile maiden very spectacularly, but is by Sadler's Wells from a distance mare who managed to win one small race at two from 3 tries, therefore I think we were all bluffed when he got 11 first crop 2YO winners even with the help of Australian mares.
Steve,
Must confess to being a shameless admirer of Galileo and can't concur vigorously enough with your assertion that he "represents the pinnacle of the classic breed".
A majestic looking horse, by a breed shaping stallion out of a mare who's thrown an astonishing SIX stakes winners (the only other foal to race was twice stakes placed!)....has there been a superior producer to Urban Sea?
And he was a tidy racehorse. Six from 8 is impressive anywhere but when three are top drawer Group Ones you know you're dealing with something exceptional. Think he also retired sound.
Not surprising then that he's accomplished everything he's so eminently qualified for, as a sire in the Northern Hemisphere.
Older(just) more experienced judges than I, can't explain why his offspring have not delivered to the market's satisfaction down here. Maybe if the 11 2yo winners had been held back until three, they might have flourished as older horses. Indeed, some still might...he says hopefully!
Like you, I have no commercial attachment to Galileo but have bought four.
You've held your age extremely well, Jamie.
How's that Galileo going that you bought Steve?
I saw her (2YO filly ex Saloon) in the paddock at Vinery, Scone, last Thursday. The in-going position was that she'd require time; she's from a staying family (her relatives include Shirley Heights, Pentire, Markham, Fubu) and has quite a big frame to fill out, so she's been living the good life up there with no pressure. I thought she had done exceptionally well. I doubt she will do any serious training much before she's three.
Thanks for the info on the filly, I'll follw her with interest and that website in the USA is fantastic.Lots of info and shows how hard (and expensive) it is for the small hobby breeder.
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