A calendar year brings an end to another year of racing and time to update the Green Monkey Project. Information has been updated for European and Dubai runners. Bringing the number of unraced horses down from 109 to 66. In part 2 the Green Monkey Project looked at trainers.
First a quick update on the Class Level of the 427 Million Dollar Babies.
Class Level of Million Dollar Yearlings
Out of 427 million dollar yearlings, 66 were unraced, 87 were nonwinners and still 11 Grade 1 stakes winners. This is through the crop of 2011.
Let’s take a look at how some individual sires have done with the Bonus Babies.
Sires with Million Dollar Yearlings.
Storm Cat at the height of his powers was commanding a $500K stud fee, so the sheer number of yearlings is not surprising. Danzig was older when the market reached its peak, but produced runners who made over 6 million dollar in earnings.
With all the advancements in “Moneyball” in the recent year’s. Stride length, conformation, advanced pedigree data, you would think this would result in better performances in buying million dollar yearlings.
First lets take a look at the Roaring 90’s.
Million Dollar Yearlings in the 90s
Now let’s compare with the results from 2001 through 2011. The database increases from 127 horses to 300 and the number of Grade 1, 2 horses has gone down, despite the increase in Graded Races in the last 12 years!
Green Monkey horses 2001 to 2011.
Computers, Stride Length, Video’s, more accurate timing devices, larger databases and the results are getting worse by Million dollar babies!
If any of these guys below offer to sell you a Used Car – run, run fast and do not ask any questions.
Can Sell Ice to Eskimo’s
The Green Monkey is a work in progress. Feel free to come up with your own studies the Data is open source.
The crop of 2012 has hit the races and the results are not encouraging so far that will be the next update.