An A. P. Indy colt was purchased by Californian B. Wayne Hughes for $900,00 to top the first half of Tuesday's Fasig-Tipton selected sale of 2-year-olds in training at Calder Racecourse in Florida.
Produced from the stakes-placed Red Ransom mare Lucinda K., the colt was consigned by M and H Training and Sales, as agent for Roger King's King World Productions.
Hughes, who was accompanied by trainer Ron Ellis, said they liked the colt primarily because he is a son of A. P. Indy. He noted that the final price was not unexpected, considering the colt's breeding. Katsumi Yoshida, of Japan's Northern Farm, was the immediate underbidder.
King, who usually breeds to race, said selling the colt was an experiment that will not be repeated. "I have never done this before," King said. "I decided to do this just for fun. I will never do it again. I will keep my horses from now on. The only time I will sell is in claiming races."
Earlier in the session, a Storm Cat colt was bought by trainer Patrick Biancone on behalf of Hong Kong owner Thomas Liang. for $550,000. The colt was consigned by agent Robert N. Scanlon.
Biancone, who trained for Liang in Hong Kong in the 1990s and now operates a public stable in California, said he liked the colt because he was "strong, powerful, and moved fast enough" in the pre-sale workouts. During the first Under Tack Show on Feb. 17, the colt was timed in 11 seconds for an eighth of a mile. One week later, he went a quarter mile in 22 1/5 seconds. "I liked him much better after the second work," Biancone said.
Foaled April 10, 2000, in Kentucky, the colt is a half-brother to Argentine group III winner and California stakes winner Fontal. Both were produced from the mutliple group I-winning Argentine mare Fontemar (by Babor).
The sale at Calder Racecourse began slowly, with 21 buybacks among the first 41 horses through the ring. Results from Fasig-Tipton