Well-Related Tapit Colt Tops the Florida Sale

Hip 131 2016 Fasig-Tipton Florida Sale
Hip 131

A colt by two-time leading sire Tapit led the way when sold for $1.8 million during the twilight stages of the Fasig-Tipton Florida Sale of Two-Year-Olds in Training. Offered as Hip 131, purchased by Woodford Racing/La Penta from the consignment of Old South Farm as agent, is out of a half-sister to talented G1 winner and proven sire Hard Spun.

David Ingordo, who signed the ticket on behalf of the purchasing partnership, spoke to the colt’s appeal: “He was a good horse. That’s what they cost. And the people who bought him are thinking long-term as a stallion.”

Old South Farm’s Albert Davis had high expectations for the eventual sale-topper “He’s got the right pedigree,” he said. “He’s a grand-looking horse, and he worked like a good horse.”

The sale was further highlighted by a trio of million dollar colts:

  • Hip 5, a colt from the second crop of Uncle Mo, was purchased by Stonestreet and MV Magnier from the consignment of Cary Frommer, agent
  • Hip 56, a colt by two-time Horse of the Year Curlin, was purchased by Sheikh Mohammed bin Khalifa Al Maktoum from the consignment of Wavertree Stables, agent
  • Hip 94, a colt by Triple Crown sire Pioneerof the Nile was purchased by MV Magnier via agent Jamie McCalmont from the consignment of Hartley-De Renzo Thoroughbreds, agent

The top filly offered was from the first crop of Tapizar, the G1 winning son of Tapit. That filly sold for $800,000 to Dennis O’Neill and Erik Johnson from the consignment of Crupi’s New Castle Farm.

“[The results were] very similar to our expectations,” said Fasig-Tipton President Boyd Browning. “[Buyers] are very demanding, but they’re also very willing to pay for the horses that they deem desirable.”

Browning continued, “By producing a successful sale in the ring year last and by producing successful sales results on the racetrack last year provided a higher level of confidence for the 2016 sale.”

The sale grossed $21,590,000 for 66 sold. The $327,121 average and $250,000 median were up from last year’s sale by 44.9% and 92.3%, respectively. At 31.3%, the RNA rate was down 1.3% from 2015.

For full results, click here.

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