The Fasig-Tipton Kentucky select yearling sale began in Lexington, Ky. on Wednesday, with two colts each selling for $250,000 before a Lord Carson filly stepped into the ring to sell for $350,000.
For Wednesday's session, the number of horses sold and gross sales both increased more than 10% from the same session last year while the average price was slightly lower. FTK reported 171 horses were sold at the session for a gross of $12,408,000, up from 155 and $11,262,000 last year, increases of 10.3% and 10.2%, respectively. The average sale figure of $72,561 represents a decrease of .1% from the 1999 average of $72,658. 87 horses--34%--failed to attain their reserve, well over last year's figure of 35 (18%).
John Moynihan, agent, for Martin Cherry of Palm Beach, Fla., went to $350,000 acquire the Lord Carson filly produced from the Robellino mare Lanzada. She will head to Ocala, Fla. where she will be broken and trained by Jerry Bailey.
The filly was consigned by Rick and Christine Lopez and partners as agent. Rick Lopez purchased the filly as a weanling at the 1999 Keeneland November mixed sale for $24,000. The sale was the first weanling-to-yearling pinhooking venture for Rick Lopez, whose Raven Way Farm near Ocala, Fla., breaks and trains 2-year-olds.
Moynihan was also the high bidder on the second-highest priced lot Wednesday, a Meadowlake filly out of Saratoga Queen, which sold for $290,000. As with the Lord Carson filly, the chestnut Meadowlake filly was purchased for Cherry and will be shipped to Bailey in Ocala. The filly was consigned by Highclere Sales for her breeder Curtis Green, a Georgetown, Ky. auto dealer.
Ben Glass, agent for Gary and Mary West, spent $250,000 to acquire a Grindstone colt consigned by Bruce Kline's Dixiana Farm. The colt was produced from the Saratoga Six mare Saratoga Hope, a half-sister to stakes winner Paragallo's Hope and to the dam of grade II winner Citadeed. Glass said the colt and the Wests' other yearlings will be boarded at Phil Owens' Houstondale Farm near Paris, Ky. until September, when they will be sent to Jeff Kirk in Ocala, Fla.
Also selling for $250,000 was a Forest Wildcat colt produced from the stakes-placed Mining mare Carrie's Prospect. Consigned by Peter Sheppell Thoroughbreds, the colt was purchased by Doug Cauthen. Cauthen said he acting on behalf of GIII Racing, a partnership consisting mainly of residents of the Greensboro, N. C. area. Cauthen said the colt will be sent to Bruce Hundley's Saxony Farm near Versailles, Ky. and will be sent to Ocala-based Bill Recio later this year.
The Fasig-Tipton sale, which can be seen live over the Internet via Real Audio, concludes today with a session that begins at 10:00 a.m. (EDT). (Catalog, Real Audio, results; Fasig-Tipton)