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.

Strong Market Continues at The New York Bred Sale

Hip 371, 2017 Fasig-Tipton Saratoga New York Bred Sale
Hip 371 c. City Zip // Fasig-Tipton Photo

The market strength evidenced earlier this week during The Saratoga Sale continued Saturday evening during the first session of The New York Bred Sale, which saw increases in average and median over last year’s sale.

Tonight’s session saw 93 yearlings change hands for a total of $8,155,000 good for an average of $87,688 and a median of $75,000, increases of 13.5% and 25% respectively, over last year’s totals. The RNA rate for the session was down 8.3% from last year’s overall RNA rate.

“We hit the trifecta again tonight from a sales perspective,” said Fasig-Tipton President Boyd Browning. “Average was up, median was up, RNA rate was down. I think we saw a continuation of the same trends as we saw in the select sale earlier in the week.”

The top price of the night was a colt by the late City Zip (Hip 371) from the consignment of Indian Creek, which was purchased for $350,000 by Mike Ryan, agent for Kindred Racing (video). That price tag is good for fourth most expensive colt in this sale’s history.

Also selling well was a colt from the third crop of Maclean’s Music (Hip 357), whose first crop includes this year’s Preakness S. (G1) victor Cloud Computing. Offered by Vinery Sales, the colt was purchased for $275,000 by Vineyard Ventures.

A filly from the third crop of Saratoga Sale grad Union Rags (Hip 428) took the lead in the distaff division late in the session when sold for $270,000. Consigned by Hunter Valley Farm, the robust filly was purchased by Robert Masiello.

The top five hips of the session were by five different sires, including the late City Zip, successful young sires Maclean’s Music and Union Rags, popular first-crop yearling sire Cairo Prince, and established sire First Samurai.

Promisingly, the session gross of $8,155,000 eclipsed last year’s single-session half-way point of $6,836,250 by 19.3%.

“We’ve very pleased,” continued Browning. “On a two-night sale, or a multiple day sale, we don’t ever ‘declare victory’ until it’s over, but certainly it’s off to a good start.”

The New York Bred Sale continues August 13 at 6:30 PM.

Session results are available online.

Recording-setting Saratoga Sale ‘Exceeds Expectations’

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Hip 186 c. Orb sold for $1,000,000 // Fasig-Tipton Photo

The Saratoga Sale concluded its two-night run on Tuesday with gains across the board and an historical high in median, bolstered by a deep buying bench with purchasers from North America, Europe, Australia, Japan, and Dubai.

“We had had high expectations coming into the sale and we exceeded those expectations,” said Fasig-Tipton President Boyd Browning. “I’ve been doing this a long time. I honestly can’t recall ever seeing a closer relationship at an upper end horse sale [between] the average and the median that we’ve seen over the last two nights. Horses were exceeding reserves by two, three, four times in many instances.”

Whereas established sire Curlin was responsible for the first session’s top colt and filly, first and second crop sires accounted four of the top six prices on the night, with spots set aside a full brother to Grade 1 winning Saratoga Sale graduate Avenge (War Front) and a filly from the final crop of the much-missed Scat Daddy.

A million-dollar son of freshman sire Orb (Hip 186) topped the session when purchased by Kerri Radcliffe Bloodstock from the consignment of Gainesway (video). The popular chestnut yearling is the first foal out of graded stakes winner Flashy American (Flashy Bull), who sold with Hip 186 in utero at the 2016 Fasig-Tipton Kentucky Winter Mixed Sale for $395,000. The colt was later offered at the 2016 Fasig-Tipton November Sale as a selected weanling, where he fetched $310,000.

Coming in a close second was a War Front colt (Hip 226), which fetched $995,000 as the penultimate offering of the session (video). The colt is a full brother to last term’s Rodeo Drive S. (G1) winner Avenge, a $650,000 purchase at the 2013 Saratoga Sale, and a half-brother to multiple stakes winner Lira. He was purchased by Godolphin from the consignment of Gainesway.

The top-priced filly of the session (and sale), was an $825,000 filly (Hip 198) by first-crop yearling sire Strong Mandate, who won the Hopeful S. (G1) here at Saratoga by nearly 10 lengths as a two-year-old. Live Oak Plantation purchased the filly from the consignment of Baccari Bloodstock, agent (video).

An $800,000 filly by the late Scat Daddy (Hip 132) and $750,000 yearlings by freshman sire Animal Kingdom (Hip 129, colt) and Orb (Hip 181, filly) rounded out the session’s top offerings.

“When we tell somebody we want a horse, they trust us,” continued Browning. “The foundation of any auction company is its integrity, its work ethic, its willingness to go the extra mile. I think we saw some of the rewards of that this week.”

Over the course of the two nights, 156 yearlings changed hands for a total of $52,995,000 a 16% increase over last year’s renewal, which saw 156 yearlings sell for $45,570,000. The sale produced an average of $339,712, up 16% from $292,115 in 2016, and good for second highest average in the history of The Saratoga Sale. The $300,000 median was the highest ever at this sale, eclipsing last year’s median of $237,500 by 26%. The RNA rate was 19.6% down 2.9% from 2016.

Full results are available at www.fasigtipton.com.

 

Curlin Colt, Filly Popular During ‘Spectacular’ First Session of The Saratoga Sale

The Saratoga Sale got off to an spectacular start Monday night, with average and median eclipsing last year’s figures and an exceptionally low RNA rate.

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Hip 45, a colt by Curlin, sold for $1,000,000 to top the first session of The Saratoga Sale // Fasig-Tipton Photo

A colt by Curlin (Hip 45) proved most popular Monday night during the first session of The Saratoga Sale, breaking the seven-figure mark when hammered down for $1,000,000 to Eric Fein (video). The colt, offered by Denali Stud for breeder Stonestreet Farm, is out of Princess Rooney H. (G1) winner River’s Prayer (Devon Lane), who has already produced three winners.

One hip earlier, a son of Medaglia d’Oro (Hip 44) offered by Gainesway came near the top mark when sold for $900,000 to the partnership of Mike Repole and Eclipse Thoroughbred Partners. Towards the close of the session, an Into Mischief half-brother (Hip 98) to graded stakes winners Ami’s Holiday and Ami’s Mesa brought $850,000. The colt was purchased by Lael Stable from the consignment of Warrendale Sales, agent for breeder Tall Oaks.

Curlin was also responsible for the session’s top filly when his daughter (Hip 34) out of a half-sister to Grade 1 winning juvenile Sky Diva sold for $750,000 to Juddmonte Farms. The session’s leading lady was consigned by Blake-Albina Thoroughbred Services.

“We’re obviously very pleased with the opening session of the 2017 Saratoga Yearling Sale,” said Fasig-Tipton President Boyd Browning. “[We’re] very encouraged by RNA rate of about 18% tonight, which is pretty spectacular in a select marketplace. It’s certainly a very good start: average up, median up, RNA rate down. It’s kind of the trifecta that you hope for from a sales perspective.”

Among first crop yearling sires, Will Take Charge took the lead late in the session when his son (Hip 107), the first foal of stakes winner Winter Brook (Any Given Saturday) was picked up by Kerri Radcliffe Bloodstock for $475,000. The colt was consigned by Dromoland Farm.

“It’s only halftime,” added Browning. “A lot of work to do tomorrow night, but a really exciting group of horses to have on offer tomorrow night, so we’re very pleased at the halfway point of the sale.”

Overall, 75 yearlings changed hands for a total of $24,425,000, yielding a healthy average of $325,667, 11% higher than the 2016 sale, and a median of $300,000, an increase of 26% over last year. Fourteen horses brought $500,000 or more. The session’s RNA rate was 18.5%.

Session results are available at www.fasigtipton.com.

The Saratoga Sale continues tomorrow, August 8 at 6:30PM.

 

 

 

Medaglia d’Oro Filly Pure Gold at The July Sale

Hip 290, 2017 Fasig-Tipton July Sale
Hip 290 f. Medaglia d’Oro sold for $1,000,000 // Fasig-Tipton Photo

A filly by exceptional sire Medaglia d’Oro lit up the board late in the session during The July Sale on Tuesday, hammering down for a record-tying $1,000,000.

Offered as Hip 290 by Bluewater Sales, the sale topping filly was purchased by Lawrence Best’s OXO Equine. The filly is the first foal out of Hung the Moon, a young stakes winning mare by Malibu Moon. The price equals a record set in 1982 when a filly by Northern Dancer out of Bold Melody (Bold Ruler) sold for $1,000,000 and is good for tie-fourth best all time inclusive.

“You’re always thrilled to have a horse break out and kind of get through the ‘glass ceiling’ like the million dollar filly did late today,” said Fasig-Tipton President Boyd Browning. “It just demonstrates the strength of the market [and] if you put good horses in front of quality buyers, anything can happen. She was a lovely filly.”

This renewal of The July Sale posted gains across the board, with the sale topper more than doubling last year’s top price ($475,000 for a Curlin colt out of Franscat) and 18 yearlings sold for $200,000 or more versus 17 in 2016, with 49 fewer horses offered.

“Obviously, a [very] good day,” remarked Browning. “Average was up, gross was up, median was up, RNA rate’s down… The market’s still [good], but there’s still some discipline. It’s not runaway, it’s not overly heated. There’s still some selectivity in the marketplace… It’s a healthy market. It sure bodes well for the rest of the yearling sales upcoming this year.”

The sale’s top colt (Hip 194) was a yearling from the second crop of 2013 Kentucky Derby (G1) winner Orb, which sold for $310,000 to Kenny McPeek, agent for Fern Circle from the consignment of Gainesway, agent.

Among first-crop sires, Airdrie Stud’s Cairo Prince led the class with eight yearlings sold from as many offered for an average of $141,875, more than 14 times his 2015 stud fee, including two colts sold for more than $250,000.

Overall, 172 horses sold for $16,107,000, an improvement of 2.2% over last year, when 183 horses sold for $15,756,500. The average was $93,645, an 8.8% increase over $86,101 in 2016. The median, $70,000, was 16.7% better than $60,000 last year. The RNA rate was eight points lower than in 2016.

Full results are available online.

July Selected Horses of Racing Age Sale a “Breakthrough” in Fifth Renewal

Hip 423, 2017 Fasig-Tipton July Sale
Sale-topper Distinta (Hip 423) sold for $600,000 // Fasig-Tipton Photo

The July Selected Horses of Racing Age Sale celebrated its fifth year Monday night with a banner renewal that posted significant gains across the board.

“It kind of felt like this was a little bit of a breakthrough,” said Fasig-Tipton President Boyd Browning. “It says, ‘This is an established sale.’ It fills a great niche and a need in the marketplace. It’s a great opportunity for people to buy and sell horses.”

The sale featured two offerings which exceeded last year’s top price ($575,000 for Grade 1 winner Stormy Lucy): Grade 2 winner Distinta (Hip 423), who topped the sale at $600,000 when sold to Medallion Racing from the consignment of Taylor Made Sales Agency, and multiple stakes winner Adorable Miss (Hip 403), who was purchased by Bluewater Sales, agent for $585,000 from the consignment of newcomer Elite Sales.

Nine horses sold for $200,000 or more, up from five in 2016. Three horses eclipsed the $500,000 mark, attained only by the sale topper last year. The top colt, Benefactor (Hip 409) sold for $275,000, nearly doubling the top price for a colt in 2016 ($150,000).

“Obviously, we’re very pleased with the results of the sale today,” said Browning. “It’s really no secret. At the end of the day when you have a nice group of horses, it really gives you an opportunity to attract the proper buyers and create an atmosphere that’s conducive to a strong sale, and it was certainly a strong marketplace tonight.”

Notably, Elite Sales and WinStar Racing offered their first consignments with success: Elite Sales sold 11 of 12 offered for $2,799,000, while WinStar Racing sold all seven of their offerings for a total of $741,000.

“It’s meaningful that we had some new faces that supported the sale this year with some quality horses. That means the world to [Fasig-Tipton],” continued Browning.

Overall, 84 horses sold for $8,083,000, good for an increase of 60.1% over 72 sold for $5,048,500 in 2016. The average was $96,226, a 37.2% percent improvement on last year’s average of $70,118, and the $56,000 median was 33.3% percent higher than $42,000 in 2016. The RNA rate was 15.2%, down from 20.9% last year.

Full results are available online.

Record-Setting Curlin Colt Tops Strong Renewal of Midlantic 2YO Sale

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Record-setting sale-topper Hip 388.

A chestnut colt by Curlin (Hip 388) led the way at the 2017 edition of the Midlantic Two-Year-Olds in Training Sale when sold for $1,500,000 during the second and final session of the sale on Tuesday. The price tag was both a record for this sale and for a Thoroughbred sold at public auction in the state of Maryland. This increasingly popular sale produced a seven-figure sale-topper for the third consecutive year.

The sale-topper, whose physical was strongly reminiscent of his sire, was purchased by Breeze Easy & John C. Oxley from the consignment of Hartley/de Renzo Thoroughbreds, agent. The seller purchased the colt from the 2016 Fasig-Tipton July Sale, which he sold for a sale-topping $475,000 when offered by St George Sales.

Several other colts proved popular on the day, including an $850,000 Distorted Humor half-brother to Grade 1 winner Lochte (Hip 490, purchased by Simon Callaghan, agent from the consignment of Eddie Woods, agent); an $800,000 Ghostzapper colt out of a full sister to graded stakes winners Kauai Katie and Winding Way (Hip 516, purchased by Baoma Corp from the consignment of Cary Frommer, agent); and a $710,000 colt from the first crop of Orb (Hip 373, purchased by Dennis O’Neill from the consignment of Crupi’s New Castle Farm).

The sale’s top-selling filly was the first session’s top-priced offering, a Smart Strike filly (Hip 79) offered by Hartley/de Renzo Thoroughbreds, agent which fetched $525,000 from Xavier International Bloodstock, agent.

All told, 78 two-year-olds sold for six figures or more, compared to 69 in 2016.

In total, 330 horses changed hands for a total of $25,237,000, good for a 9.1% increase over last year’s gross of $23,136,400 for 337 sold. The average was $76,476, an 11.4% increase over $68,654 in 2016, while the median was $35,000 up 9.4% from $32,000 last year. The RNA rate was 19.9%, compared to 25.9% in 2016.

Fillies Popular During First Session of the Midlantic Two-Year-Olds in Training Sale

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Hip 79 sold for $525,000 to top Monday’s session.

Led by a filly by the late Smart Strike, a trio of six-figure fillies topped the first session of the Midlantic Two-Year-Olds in Training Sale held Monday in Timonium, Maryland.

Hartley/de Renzo Thoroughbreds offered the session-topper, a Smart Strike filly catalogued as Hip 79. She was purchased for $525,000 by Xavier International Bloodstock. The chestnut filly worked an eighth in 10:0 during the final day of last week’s under tack show. Her dam, the stakes winner Salty Response, is a half-sister to multiple graded stakes winner Salty Strike, herself by the sire of Hip 79.

Into Mischief, Leading Sire of Two-Year-Olds in 2016, sired the co-second priced offerings: Hip 34, offered by Wes Carter, agent for Carolyn Vogel, sold for $425,000 to Donato Lanni, agent for an undisclosed buyer; Hip 123 was purchased for the same price by Speedway Stables from the consignment of McKathan Bros., agent.

In total, 38 two-year-olds eclipsed the six-figure mark, including a trio of $300,000+ colts: Hip 195, a Blame half-brother to recent Grade 2 winner Arklow, which sold for $375,000 to Charles Boden Thoroughbreds, agent from the consignment of Crupi’s New Castle Farm; Hip 13, a Curlin colt from the Bobby Dodd consignment which caught the eye of Charles Zacney for $350,000; and Hip 262, a colt from the first crop of Orb which sold for $310,000 from the consignment of Niall Brennan Stables, agent for Jake Ballis, agent.

162 horses sold for a total of $11,537,500, compared to 157 sold for $10,715,700 during the first session in 2016. The average was $71,219, up 4.3% from $68,253 average in the first session last year, and the median of $40,000 was good for a 17.6% increase from last year’s first session median of $34,000. The RNA rate was 25.0%, down from 31.4% during the first session last year.

The Midlantic Two-Year-Olds in Training Sale resumes Tuesday at 11AM. Results are available online.

Spectacular Gulfstream Sale Posts Gains Across the Board

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Hip 57 sold for $1.5 million // Fasig-Tipton Photo

The Fasig-Tipton Gulfstream Sale realized gains across the board during its successful third renewal on March 1 at Gulfstream Park. Led by a trio of seven-figure juveniles, the sale posted gains in gross, average, and median.

The top-priced offering of the evening was Hip 57, a daughter of Uncle Mo which sold for $1,500,000 to OXO Equine from the consignment of Cary Frommer, agent. Frommer purchased the filly for $250,000 at the Fasig-Tipton July Selected Yearling Sale. OXO Equine also signed for a $1,100,000 More Than Ready colt (Hip 156) offered by Frommer late in the sale. Frommer paid $235,000 for the colt last July.

The third seven-figure two-year-old was Hip 135, a speedy colt by Bernardini offered by Hartley/De Renzo Thoroughbreds, agent. Eaton Sales, agent for M.V. Magnier purchased the colt for $1,450,000. Hartley/De Renzo purchased the colt for $350,000 at last year’s Fasig-Tipton Saratoga Sale.

Overall, 74 juveniles sold for $25,115,000, up 16.3% from 66 sold for $21,590,000 in 2016. The $339,392 average was good for a 3.8% increase over last year’s average of $327,121, while the median rose 8.0% to $270,000 from $250,000 in 2016. The RNA rate was a historical sale low of 14.9%.

Full results are available online.

Stars Align at The November Sale

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Baffled sold for $3.5 million. Fasig-Tipton Photo.

The offerings of The November Sale’s star-studded catalogue shone Monday night at the Newtown Paddocks in Lexington, KY. With a catalogue billed as featuring “quality on every page,” Fasig-Tipton’s premier breeding stock event exceeded the expectations of buyers, consignors, and management. Bolstered by a deep international buying bench and the selected sale’s North American supporters, this year’s November Sale posted gains across the board.

“This is a special sale,” said Fasig-Tipton President Boyd Browning. “When you have special horses to sell, at the end of the night, you have pretty special results.”

The top price of the evening was $3.5 million for Baffled (Hip 104), the dam of multiple Grade 1 winning millionaire Constitution. Offered in foal to Constitution’s sire, Tapit, Baffled was purchased by Bridlewood Farm & Don Alberto Corp from the consignment of Taylor Made Sales Agency.

“She’s got all, looks, triple graded stakes producer, in foal to the best stallion in America,” remarked Bridlewood’s George Isaacs. “We’re trying to develop a serious breeding program and she’s the goods. A little more than I wanted to pay, but the good ones cost.”

Baffled is also the dam of graded stakes winners Boynton and Jacaranda. The latter, offered as Hip 154, realized $2 million later in the evening when sold to Reynolds Bell, agent for Alpha Delta. Jacaranda was consigned by Hunter Valley Farm.

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Curalina sold for $3 million. Fasig-Tipton Photo.

As she did so often in her career, Curalina (Hip 123) led an exception field of racing and/or broodmare prospects when sold for $3 million. Offered as a broodmare prospect, three-time G1 winner and millionaire Curalina was purchased by Shadhai Farm from the consignment of Bluewater Sales, agent. Curalina’s dam Whatdreamsrmadeof (Hip 100), offered by Brookdale Sales for Casa Farms and carrying a full sibling to Curalina, realized $1.65 million earlier in the evening when purchased by Summer Wind Equine.

Other prominent offerings included 2015 Breeders’ Cup Distaff (G1) victress Stopchargingmaria (Hip 87), who brought $2.8 million as a broodmare prospect, and Love the Chase (Hip 59), dam of California Chrome, who sold for $1.95 million in foal to North America’s Leading Sire Tapit. Stopchargingmaria joined the broodmare band at Three Chimneys Farm, while John McCormack signed for Love the Chase. Both mares were consigned by Taylor Made Sales Agency.

Hip 25, a filly by Champion sire Galileo (IRE) earned the highest price of selected weanlings offered when sold for $550,000 early in the sale. By globally proven sire Galileo out of a Street Cry (IRE) daughter of Broodmare of the Year Better Than Honour, the filly’s international pedigree proved popular, and she was ultimately purchased by French-based company Meridian International from the consignment of Hill ‘n’ Dale Sales Agency, agent.

“It begins with the quality product that our consignors entrust in us,” Browning said when asked about the quality and composition of this year’s catalogue. “When someone places their confidence in you, that’s the greatest compliment you can get. But it’s also a responsibility. We take that responsibility really seriously.”

All told, 88 horses changed hands for a total of $54,152,000, an increase of 24% from 2015, when 92 horses were sold for $43,666,000. The average was $615,364, an increase of 29.7% from $474,630 in 2015. Significantly, the median was $377,500, up 59.6% from $235,000 in 2015. The RNA rate fell by 6.4%. Fifteen fillies and mares sold for $1 million or more.

China Horse Club and SF Bloodstock made their presence felt on the buyer side, combining to purchase a total of 13 horses. China Horse Club spent $5,520,000 on five hips, topped by $2.4 million G1 winner Embellish the Lace, sold carrying her first foal, by Uncle Mo. SF Bloodstock added eight to their stable grossing $3,845,000, topped by this year’s Kentucky Oaks (G1) winner Cathryn Sophia, purchased for $1.4 million.

Full results are available online.