Fasig-Tipton concluded the fourth edition of its Selected Horses of Racing Age Sale on July 11 with positive gains over last year.
The highest price of the sale was 7-year-old Stormy Lucy, who did not attain her reserve in the auction ring but was listed as a private sale in the Fasig-Tipton computer system later in the day for $575,000. The Grade 1 Matriarch winner was consigned by Taylor Made Sales Agency and was purchased by SF Bloodstock. Stormy Lucy, a daughter of Stormy Atlantic, is trained by Ed Moger Jr. for owner Steve Moger and has earnings of over $850,000.
Final numbers, including four final sales completed just after the auction's conclusion, were up from the 2015 auction. Gross sales for 72 horses totaled $5,048,500, up 26.3 percent from last year, while average rose 14 percent from $61,477 to $70,118. Median dropped slightly from $48,000 to $42,000.
The RNA rate of 20.8 percent was down from 32.2 percent last year.
This year's catalogue also included the dispersal of stock from Eutrophia Farm, which consists of breeding stock, yearlings, and horses of racing age.
“I thought there was pretty competitive bidding on most of the lots. I thought the dispersal was very well-received and exceeded expectations,” said Fasig-Tipton president Boyd Browning.
Grade 3 winner Donegal Moon, also consigned by Taylor Made, was an RNA at $1.6 million. Jerry Crawford of Donegal Racing indicated to the media that the figure was “very close” to the colt's reserve, and he would be consulting with Taylor Made representatives about whether to make a private sale. Crawford said that he wouldn't mind keeping the horse, who would likely point to the West Virginia Derby.
“I don't think anybody's got a lot of experience selling 3-year-old colts in July coming off those types of performances trying to assess, ‘What's the market valuation?'” noted Browning, who pointed out that Donegal Racing likely has many choices available to them later in the racing season, should they choose to keep Donegal Moon. The son of Malibu Moon made appearances in Kentucky Derby prep races earlier this year but did not earn sufficient points to get into the starting gate. He won the G3 Pegasus for trainer Todd Pletcher on June 19.
The top price attained under the hammer was from Into Mischief mare Best Behavior, who brought $250,000, also from SF Bloodstock. Best Behavior won the G3 Sugar Swirl at the end of 2015 for trainer Martin Wolfson and owner Miller Racing LLC.
Fasig-Tipton will hold its July Selected Yearlings Sale on Tuesday, July 12 beginning at 10 a.m.
To view the Horses of Racing Age catalogue, click here.
To view the results from Monday's auction, click here.
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