The debut edition of the Fasig-Tipton Santa Anita 2-Year-Olds In Training Sale dropped into a difficult climate for a horse auction, with Santa Anita Park embroiled in crisis following a series of breakdowns throughout its current meet. The sale faced the task of picking up the torch from the local Barretts auction company, which folded at the end of 2018.
With those factors in mind, the auction posted figures about on-par with the momentum of the Southern California marketplace left behind by the sale's spiritual predecessors. In terms of both final returns and catalog setup, featuring horses appealing to both national-level outfits and local horsemen, the Fasig-Tipton sale fell between Barretts' final Spring Select juvenile sale and open May sale.
Wednesday's auction closed with 69 horses sold for revenues of $3,769,500. The average sale price finished at $54,630, the median price was $30,000, and the buyback rate closed at 36 percent.
Those figures uniformly finished behind last year's Barretts Spring Select Sale of 2-Year-Olds In Training, that auction company's final juvenile sale, which bowed out with 75 horses sold for $6,481,000, an average of $86,413, and a median of $50,000.
However, that result was to be expected, considering the two auctions' places on the opposite ends of the calendar – one near the beginning and the other near the end – and the expectations that come with marketing the Barretts event as a “select” sale.
A closer comparison might be the Barretts May 2-Year-Olds In Training Sale, which held its final renewal in 2017. The Fasig-Tipton sale posted numbers ahead of that auction, which moved 47 juveniles for $2,029,000, and finished with an average of $43,170 and median of $27,000.
“There were a lot of bright spots and there are some things that we learned as well,” said Fasig-Tipton president Boyd Browning “We were able to sell several horses for six figures, with a sales topper of $420,000. I think some people from Florida who brought quality horses out here were rewarded and I think some of the traditional California-based consignors hopefully gained some confidence and realized this thing will work and will continue to work going forward.”
The standout performer of Monday's under-tack show became the auction's most expensive horse when Sarah Kelly bought a Bernardini filly for $420,000.
The bay filly, offered as Hip 45, went an eighth of a mile in :10 1/5 seconds over Santa Anita's main track, highlighting what was a noticeably slow breeze show. She is out of the winning Dansili mare Elbe, who is the dam of two winners from three foals to race, and her extended family include Grade 1 winner Antonoe and French Group 1 winners Mutual Trust and All at Sea.
Kings Equine, consigned the filly, as agent, completing what was an outstanding pinhook. The filly was purchased for $11,500 at last year's Fasig-Tipton Kentucky Fall Yearling Sale by 7 Kings.
The chestnut colt worked a quarter-mile in :21 1/5 seconds to finish atop the juveniles to go that distance during the breeze show. Out of the unplaced Awesome Again mare Awesomekaylee, he is a half-brother to multiple stakes winner The Money Monster. Grade 1 winner Steve's Friend and Grade 2 winner Christmas Boy can be found further down the page.
Tom McCrocklin, who consigned the colt as agent, had a hand picking him out as a yearling, getting him for $100,000 at last year's Keeneland September Yearling Sale.
To view the full sale results, click here.
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