Despite selling fewer horses and having a large number withdrawn from the ring, the gross, average, and median increased during the Keeneland April 2-year-olds in training sale April 18 at the Central Kentucky auction house.
Keeneland reported 87 horses were sold for a gross of $18,440,000. The average of $211,954 was up 30.6% from last year's figure of $162,290 when 105 horses sold for $17,040,500. The median was $150,000, up 15.4% from $130,000 last year.
"The sale started slow, but I thought it found its pace," said Geoffrey Russell, Keeneland director of sales. "Overall, I found the sale a successful event. The median was up, and I felt the top-end of the market was very good. We recruited a good group of horses and had a good group of buyers"
Helping the sale record positive gains was a striking dark bay or brown son of Fusaichi Pegasus
who fetched a final bid of $1,050,000 from trainer Patrick Biancone to top the one-day sale.
Biancone said he purchased the New York-bred colt on behalf of a syndicate. "There will be four or five people in the syndicate, mostly my friends -- Martin Schwartz, Fabien Ouaki, and Lewis Lakin -- and maybe others" he said while signing the sales ticket.
Consigned by Becky Thomas' Sequel Bloodstock, the colt worked an eighth in :11 April 10.
"He's a beautiful colt," Biancone said. "He has the Fu-Peg and the A.P. Indy. He has everything."
Bred by Chester and Mary Broman, the colt is out of the stakes winning A.P. Indy
mare Indy Glory, a full sister to grade I winner and sire Stephen Got Even
and from the family of stakes winners Baroness Direct and Lyphard's Princess.
Sixty horses, representing 40.8% of the total through the ring, failed to meet their reserves. Last year 71 hips (40.3%) of the available hips failed to sell.
The biggest buy back of the sale came when the filly A.P. Dream (A.P. Indy
-Dream Supreme) failed to meet her reserve and was bought back for $2,395,000. The filly, bred in Florida by George Steinbrenner's Kinsman Stud, was consigned by Niall Brennan, agent.
There were also 76 horses withdrawn this year.
Concerning the large number of outs, Russell said, "This is a performance sale, and the investment is very high. Buyers and consignors cannot afford a minor blemish because of the amount of money involved."
The second-highest price on the afternoon came when William Warren went to $850,000 for a son of Distorted Humor
from the consignment of Niall Brennan Stables, agent.
The California-bred colt worked an eighth in :10 3/5 April 10.
Bred by Malibu Valley Farms, the colt was produced from the Habitony mare Lightly Go Lightly and is a full brother to stakes winner Crackup.
"I really liked the way he moved and his pedigree," said Warren, who campaigned Horse of the Year and stallion Saint Liam
. "I saw him on the track, and he caught my attention."
Warren, who has two horses currently in training, said he has yet to decide on a trainer.
Mike Ryan originally purchased the colt for $140,000 at the 2005 Keeneland September yearling sale.
The top-price filly of the day was a $725,000 daughter of Point Given
purchased by Sobhy Sonbol, acting on behalf of Egyptian brewing mogul Ahmed Zayat. Sonbol is vice president of New Jersey-based Zayat Stables.
The filly worked an eighth in :10 1/5 during the April 10 preview show.
Bred in Kentucky by Mr. and Mrs. G. David Shashura and The Thoroughbred Corp., the filly is a half-sister to grade II stakes winner Raw Gold and is from the family of stakes winners Dixie Pearl and Cornish Snow.
Sonbol said the filly had a nice body and pedigree. "She has everything we were looking for."
The filly was originally purchased for $140,000 by Bloodstock Management at the 2005 Keeneland January mixed sale. She was offered as a yearling during that year's September sale but failed to meet her reserve.Leading Buyers, Consignors, and Sires