The Fasig-Tipton Saratoga Fall Mixed Sale set several new high-water marks Monday, closing its seventh renewal with across-the-board gains as well as double-digit point increases in average and median.
The sale topper, Hip 180, was a first-crop weanling colt by Laoban, a Grade 2 winning son of Uncle Mo, out of Promising Vow. The bay colt was purchased for $140,000 by Bluewater Sales, agent from the consignment of Sequel New York.
The colt, nicknamed “Wrangler” was the subject of Paulick Report's “Follow A Foal” series, sponsored by Sequel New York.
The top broodmare of the day was graded stakes producer Mama Maxine (Hip 33), an unraced More Than Ready mare sold in foal to Exaggerator for $105,000. That mare was purchased by Southern Equine Stable from the consignment of Pope McLean's Crestwood Farm as agent. Mama Maxine's first foal is 2016 Grade 3 Canadian Derby winner Ready Intaglio.
In total, 115 horses changed hands during the single session for $3,381,200, a 4 percent increase over last year's gross. The average for all types increased 30 percent to $29,402 from $22,674 last year, while the median rose 67 percent to $20,000 over last year's mark of $12,000. The gross, average, and median were sale records. The RNA rate fell 7 percent.
The gains were spread across all types of offerings, with significant increases in average and median for broodmares, racing and/or broodmare prospects, and weanlings.
The average price for broodmares rose 43 percent, while the median increased 62 percent. Average and median for racing and/or broodmare prospects rose 58 percent and 73 percent, respectively. Weanlings saw a nearly 5 percent bump in average price and a 13 percent increase in median. The average and median for both broodmares and weanlings were sale records.
To view the full sale results, click here.
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