Richard Knight: ‘It’s been great to see the sales companies work together’ – Racing Post
Posted: May 17, 2020 at 10:42 pm
Bloodstock agent Richard Knighttells us about how he is managing both personally and professionally with the Europe-wide lockdown to slow the spread of the coronavirus
How is life ticking over for you at the moment?
Lockdown life has clearly been very different to normal but in many ways we're enjoying this time and embracing it as a family.
We're very fortunate to be based near Malmesbury in the south-west of the UK and we're surrounded by fields and woodland which gives great scope for dog walking, running and cycling without seeing another soul.
Outside of work we've really enjoyed the good weather days and the garden has certainly appreciated the extra care and attention all being well the early new potatoes will be ready for the start of Royal Ascot!
With no racing or sales in Europe at present, your scope to do business must be limited.What have you been doing instead?
As racing manager to Hussain Alabbas Lootah and to Sheikh Abdullah Al-Malek Al-Sabah, work has largely continued as normal.
I manage 40 horses in training on their behalf and Mr Lootah has eight broodmares and their followers, so there's been plenty to keep me busy between checking invoices, liaising with trainers, stud farms, vets, stallion farms and so on.
Never has there been a more important time for progress notes and updates and thankfully all the trainers and studs have been great with WhatsApp and email photo/video messages.
Outside of this there have been late mating plans and nomination bookings, and I've also taken the time to speak with a few breeze-up consignors to discuss their consignments and I'm in the process of putting together a list of which horses make the most appeal based on pedigrees, photos, video and vendor opinions.
What's your view on online sales, if they had to happen in Europe this year?
I think it would depend on the type of sale and what additional information can be supplied by vendors and sales companies.
For example, I would be happier to purchase a horse-in-training online, with form in the book and a detailed vet report, than I would a foal or yearling. For me, seeing those foals and yearlings is absolutely critical so that I can make a judgement on conformation, athleticism and temperament.
If the online yearling sales do have to happen then it will be hugely important to get around as many studs as possible in the weeks leading up to the sales that will inevitably leave gaps and wont be an ideal scenario, but we will have to work with the hand we're dealt.
The North American Jockey Club livened up lockdown by announcing the 140-mare stallion cap would you welcome a similar move in Europe?
I was very interested to read what bothAdrian OBrien andTony Fry said on this question and I dont disagree with either.
There are pros and cons, and if I owned or managed this years 2,000 Guineas and St Jamess Palace Stakes winner then I would be saying no but then the other side of me says that 140 is a large book of mares and setting a limit will not only be good for the breed but also give other stallions more of a chance of success.
From my experience many stallions self-limit due to a lack of demand and many self-limit due to their inability to cover large books of mares perhaps overall I'm swaying to leaving it as it is, especially in the current business climate.
Ultimately, if you dont like how many mares a stallion is covering then dont use them and instead find another stallion that you believe in.
Richard Knight is looking forward to the Goffs and Arqana Breeze-Up Sale at Goffs
Peter Moody
What's your best guess on what will happen to the market this year, and how long it will take to recover?
Clearly the market will be down but I still expect the fastest breezers to sell well, the top stores to sell well and the best yearlings, foals and mares to follow suit.
Personally, I've been pleasantly surprised over the last couple of months by the number of phone calls and emails from new clients looking for all types of bloodstock, from National Hunt stores to pinhooking Flat foals, and that has to be good for us all.
Do you think there will be any positives to come out of the crisis eventually?
It's been great to see the sales companies working together and I'm very much looking forward to the joint Goffs UK and Arqana breeze-up sale.
My family and I have also thoroughly enjoyed Racing Welfare's Furlong Factor competition congratulations to Lara Telfer and all thosewho took part.
The use of online meeting platforms like Zoom are another success and will mean less travelling and a better environmental footprint for many who travel to business meetings that on occasions could be done from home.
I hope that thekey positive for the future is that with everyone missing racing as much as we have, that we will all appreciate our core product more and work together to both protect and improve the industry.
Any film, TV or book recommendations to share to get through home confinement?
It's been mostly about light-hearted entertainment in our household to balance the daily coronavirus news and we've enjoyed Modern Family on Amazon and Gordon, Gino and Fred on ITV.
What are you most looking forward to when racing returns?
There's so much to look forward to and these first few weeks are going to be very exciting. To potentially have Guineas weekend, Royal Ascot plus plenty of two-year-old races all within 21 days is great and will hopefully give everyone a boost.
From a personal perspective I enjoyed a great 2019 on the track with six black-type winners (five of the six cost less than 55,000) and five of those six remain in training for 2020.
Both Mr Lootah and Sheikh Abdullah have some really exciting prospects and I also cant wait to see the winners roll out of Rathmoy Stables in Newmarket where my brother William is now training from.
On the National Hunt side of the industry I'm excited to see my first foal purchase sell a Flemensfirth gelding out of Muance owned and prepared by Park Wood Stud near Tetbury. He has grown into a big, strong, quality gelding with a great walk and a super temperament.
Readmore Life in Lockdown Q&As with industry figures
Tony Fry: 'Would I buy a horse over the internet? I must admit I wouldn't'
Ed Harper: 'Our stud secretary says clients have never been so organised'
Adrian O'Brien: 'There are plenty of reasons to maintain a spring in the step'
Billy Jackson Stops: 'The buying bench is going to be heavily depleted'
Alex Elliott: 'Cooking and cycling were two things I never thought I could do'
Joey Cullen: 'Racing has the chance to showcase itself to a captive audience'
Claire Sheppard: 'The TBA had to move quickly to save the covering season'
Tomas Janda: 'Lower prices could encourage new buyers to get involved'
Matt Hall: 'Films are a waste of timeI watch festival replays instead'
Tom Goff: 'I've painted two garden seats. God, I sound so middle-aged!'
Simon Sweeting: 'Rightly or wrongly I'm having all my mares covered'
Richard Kent: 'Stud fees and sales house charges will have to come down'
Philippa Mains: 'The industry is a family and we help each other out'
Claire Goodwillie: 'People have realised if you're not online you're invisible'
Tina Rau: 'I'm enjoying post-dinner quarantinis with friends over video call'
Daniel Creighton: 'The market will recoverthe only question is when'
Ed Player: 'We're happy to move with the times and embrace online trading'
Patrick Sells: 'Chasemore Farm is effectively operating in a bubble'
Chad Schumer: 'Racing in the US being cancelled is the biggest frustration'
Tom Blain: 'Trade will be down but all we can do is roll with the punches'
Ted Voute: 'We'll need to strengthen the way we showcase young stock'
Simon Kerins: 'We'll embrace any format that will help get horses sold'
Barry Lynch: 'The industry has often bounced back as quickly as it dipped'
Tim Lane: 'Working with horses does you the world of good in these times'
Jerry Horan: 'My sister butchered my haircut. I think it was payback'
Violet Hesketh and Mimi Wadham: 'Social distancing isn't hard - just lonely!'
Henry Beeby: 'Nick Nugent and I have entered a beard growing competition'
Charles O'Neill: 'ITM will be ready to go when the markets open up again'
Freddy Powell: 'We're improving our online sale platform in case it's needed'
Bumble Mitchell: 'Online sales could be tricky for outlying studs like mine'
David Stack: 'I had to give a garda a lesson about the birds and the bees'
Colm Sharkey: 'I've been torturing myself trying to sort out my golf swing'
Rachael Gowland: 'I didn't realise how much I loved racing until I couldn't go'
Sam Hoskins: 'I've been listening to endless Cold War podcasts on my tractor'
Niamh Spiller: 'Video calls are very important to keep everyone motivated'
Jamie Lloyd:'Staff have had all their own gear labelled, even wheelbarrows'
Michel Orlandi: 'The stallions are flying and that gives me great hope'
Richard Venn: 'The French are in a good position to get back racing sooner'
Tim Kent: 'It's difficult to plan when we don't know when racing will resume'
Russell Ferris: 'Weatherbys had contingency plans that we activated at once'
Grant and Tom Pritchard-Gordon: 'Inglis Easter has kept us busy since January'
Peter Hockenhull: 'The social side of meeting and chatting to breeders is gone'
Polly Bonnor: 'We've fulfilled every feed order, including all our exports'
Richard Lancaster: 'We're fortunate that some Shadwell staff live on site'
View post:
Richard Knight: 'It's been great to see the sales companies work together' - Racing Post
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