The Fasig-Tipton Kentucky fall yearling sale posted increases of 57.2% in gross revenue and 24.2% in average price from a year ago during its opening session Oct. 25 in Lexington. The most expensive horse sold was a Tapit colt that brought $280,000 from Canada-based trainer Mark Casse, agent.
“I thought he was one of the best-looking yearlings I’ve seen this year; he’s very athletic,” said Casse, who declined to reveal who would own the bay yearling. “He’s got a great neck and shoulder. He’s a real pretty horse. He’s also got a good walk. I just hope he runs as fast as he looks.”
The trainer wasn’t surprised that the colt’s price was so high.
“Obviously, when you’re trying to buy the best-looking horse with the best pedigree that vets well, this is what happens,” Casse said.
Central Kentucky-based Dapple Stud, agent, consigned the $280,000 yearling, who will be broken in Florida. The colt is out of the Storm Bird mare Classic Woman, who won the 2000 Bayou City Stakes at Sam Houston Race Park in Texas. He is a half brother to the winners Unseen Evidence (by Fusaichi Pegasus ) and City Stormer (by Carson City). The yearling’s other family members include champion Tight Spot, English group I winner and Irish champion Ad Valorem, grade I winner and Puerto Rican imported champion Premium Tap, French group I winner Femme Elite, and grade I winner Valiant Nature.
Dapple Bloodstock (Mike Akers, chairman) purchased the session-topping colt for $70,000 at this year’s Fasig-Tipton Kentucky July select yearling auction from Cashmark Farm, agent. Cashmark bred the yearling in Kentucky.
The results for the fall yearling sale’s opening session included a gross of $3,078,000 for the 224 horses that sold. The average was $13,741 and the median price was $5,000. The median was down 16.7% from 2009, when 177 yearlings were sold.
The buy-back rate was 31.7%, down slightly from last year’s rate of 32.2%.
Two other horses sold for six-figure prices. A Dixie Union – Cash Storm filly brought $120,000 from Aiken, S.C.-based pinhooker Cary Frommer, agent. Chris Baccari’s Baccari Bloodstock, agent, consigned the bay yearling. A Kitalpha colt out of stakes winner Champagne Royal went for $110,000. M& M Racing purchased the bay yearling from Gerry and Dana Aschinger’s War Horse Place, agent for Bloodstock Holdings.
The fall yearling sale runs through Oct. 27. Each session will begin at 10 a.m. (EDT).