Records Fall at The New York Bred Sale

Hip 589, 2017 Fasig-Tipton Saratoga New York Bred Sale
Hip 589 c. Cairo Prince sold for $500,000 // Fasig-Tipton Photo

Records fell Sunday night as the 2017 renewal of The New York Bred Sale closed with gains across the board, the result of a $500,000 colt and historic totals in gross, average, and median.

“We had a tremendous week,” said Fasig-Tipton President Boyd Browning. “The New York Bred Sale was record-breaking in all aspects. There was a great feel to the sale both nights.”

The sale-topper, a colt by popular first-crop yearling sire Cairo Prince (Hip 589), lit up tote late in the session when sold for $500,000 at the Humphrey S. Finney Pavilion, a record for The New York Bred Sale (video). The colt was purchased by Ciaran Dunne’s Wave Bloodstock from the consignment of RFHF Bloodstock, agent.

Overall, 182 yearlings sold for a total of $16,214,000, good for an average of $89,088 and a reported median of $69,500 – all records for The New York Bred Sale. The gross represented an increase of 18.6% over last year’s sale; the average and median were up 15.3% and 15.8%, respectively. The RNA rate fell 7.3% from 2016.

A filly by More Than Ready (Hip 459) became the sale’s top-priced filly when sold for $315,000 to Bradley Thoroughbreds, agent for Sheep Pond Partners early in the session. Consigned by Bluewater Sales, Hip 459 was the third most expensive filly ever purchased at this sale.

“The good news is it was a really good week,” concluded Browning. “The bad news is it’s going to be tough to raise the bar on both sales next year.”

Full results are available online.

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