A gray colt from the first crop by The Factor sold for $460,000 to top the Barretts March Select 2-Year-Olds in Training Sale, held at Del Mar racetrack in Del Mar, Calif. The sale company has moved over the last year from its longtime home at the former Fairplex Park racetrack in Pomona, where the 2015 sale was conducted in February.
Most economic indicators fell at the 2016 auction, which saw 43 head sell for $5,356,000, an average price of $124,558 and median of $100,000. The gross declined by 12.9 percent, average was down 8.8 percent and the median was level with 2015 results, when 45 juveniles brought $6,148,000, an average of $136,622 and $100,000 median.
This year's buyback rate was 32.8 percent (21 of 64 through the ring), compared to 30.8 percent in 2015 (20 of 65 were unsold). In addition, 62 lots were withdrawn prior to the start of the sale, up significantly from the 48 “outs” in 2015.
Among the buybacks was Hip 125, a colt from the first crop of Grade 1 Belmont Stakes winner Union Rags out of the Not for Love mare But for Money, bought back for $725,000 by consignor John Brocklebank, agent for Vern Dickman's Dickman Legacy Ranch. The colt was a $250,000 RNA at the Keeneland September Yearling Sale and listed as sold for $105,000 at the Keeneland January Horses of All Ages Sale both in 2015.
The sale-topping colt by The Factor, Hip 12, recorded the co-fastest one-furlong breeze during Monday's preview when he was clocked in 9 4/5 seconds. The colt was purchased by Emmanuel de Seroux's Narvick International, leading buyer at the Barretts 2-year-old sale for the second consecutive year. Narvick buys primarily for owners in Japan. He was consigned by Wavertree Stables (Ciaran Dunne).
The colt was produced from the Songandaprayer mare, Broadway Lullaby, a half sister to Grade 1-placed Broken Spell. He is from the family of Eight Belles, a Grade 2-winning filly who finished second in the Grade 1 Kentucky Derby but suffered a catastrophic injury past the wire and was euthanized.
Hip 95, a daughter of two-time leading sire Smart Strike, sold for $450,000 to be the top-priced filly. Consigned by Becky Thomas' Sequel Bloodstock, agent, and purchased by trainer Bob Baffert as agent, the filly was produced from Cautionary Tale, by Yes It's True. Cautionary Tale is a half sister to two stakes winners, including My Miss Storm Cat, dam of multiple Grade 1 winner My Miss Aurelia.
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