Horseman Ben Wallace has purchased a Thoroughbred yearling at the Canadian Select Sale at Woodbine on Monday and plans to diversify. Wallace told racing writer Beverly Smith that he is hoping to "reinvent” himself.
Wallace spent $22,000 for a filly by Milwaukee Brew, consigned by Gail Wood. "She's a nice, clean filly and I want an Ontario-sired horse,” Wallace said. "A lot of Standardbreds won't get sold in this province. A lot of them have pedigrees for tracks that don't exist any more, and they aren't pedigrees that we'll ever see at Woodbine. This filly might not win me an O'Brien Award (Canadian Standardbred award), or a Breeders' Cup, but it will be a good challenge.”
Wallace told Smith he sees more hope in the Thoroughbred side of Ontario racing, although 54% of the yearlings cataloged were withdrawn from the sale or failed to exceed their reserve price. That's an increase of 45% in the clearance rate over last year. The average price dropped by 13.8% to $21,920, and the median declined as well, shifting from $18,000 in 2012 to $16,000.
Click here to read Smith's entire story on The Paulick Report.