The opening session of the 2017 Fasig-Tipton Saratoga Sale launched with one seven-figure yearling and improved figures across the board in a Monday evening session.
Total receipts of $24,425,000 were up 15 percent from last year's first session, while the average price of $325,667 was also up 12 percent. The median price of $300,000 increased 25 percent.
The RNA rate of 18 percent was down significantly from last year's first session, when it finished just below 30 percent. Just 17 of the offered horses in this year's first session went unsold.
“We were obviously very pleased with the opening session,” said Fasig-Tipton president Boyd Browning. “We really saw across the board strong competition for most all the lots. We were very, very encouraged by the RNA rate of about 18 percent tonight, which is pretty spectacular in a select marketplace of this nature. I've got a sneaking suspicion that a decent percentage of those will get sold tomorrow.”
The seven-figure yearling in the first session was Hip 45, a Curlin colt out of Grade 1 winner River's Prayer. The colt was consigned by Denali Stud and purchased by agent Ian Brennan on behalf of Eric Fein, who previously campaigned Syndergaard and Musket Man.
“We liked everything about him,” said Brennan. “[Fein] has stepped it up a bit and is going to try to buy a few nice horses. He's very happy to get this colt.”
Brennan said a final decision had not been made on a trainer for the colt, but Todd Pletcher usually trains for Fein. The yearling will head to Stonestreet to take some time off before entering training.
Craig Bandoroff said the colt had about 200 showings during the weekend.
“Those kind, they've got to come here fit, they've got to be able to stand the pressure and he did. Every day, he just got into it more and more,” said Bandoroff. “Once he knew what his job was, he did his job.”
The Saratoga Sale concludes Tuesday with a session scheduled to begin at 6:30 p.m.
To view the sale catalog, click here
To view the sales results, click here
New to the Paulick Report? Click here to sign up for our daily email newsletter to keep up on this and other stories happening in the Thoroughbred industry.
Copyright © 2020 Paulick Report.