Fasig-Tipton Kentucky Fall Yearling Sale Concludes With Declines
Updated: Wednesday, October 25, 2006 10:26 PM
Posted: Wednesday, October 25, 2006 8:06 PM
A daughter of Unbridled's Song
topped the third and final session of the 2006 Fasig-Tipton Kentucky fall yearling sale at the sale company's Newtown Paddocks near Lexington. The three-day sale registered declines in gross, average, and median.
The Kentucky-bred filly, Flashy White, was consigned by Paramount Sales, agent, and purchased by L & D Farms for $250,000.
For the three-day sale, Fasig-Tipton reported 635 head sold for $9,747,000. The average was $15,350 and the median $7,500, with 287 hips failing to sell.
Compared to last year, the gross was down 12% and the average decreased 16%. The number of horses failing to meet their reserves rose from 29% last year to 31% this year.
In 2005, the sale grossed $11,099,100. The average was $18,195 and the median $8,500, with 246 horses failing to sell.
"The bottom of the market was just a little lower this year than it was last year, and those horses were tougher to sell," said Walt Robertson, Fasig-Tipton president. "Last year it helped that we had the benefit of one big horse ($600,000 son of Distorted Humor
purchased by Jess Jackson's Stonestreet Stables from the consignment of James Keogh, agent) and that really helped. But overall, I couldn't see a difference in the nice horses we had last year compared to this year."
For the third session, 204 horses sold for $2,948,300. The average was $14,452 and the median $6,500, with 99 horses failing to meet their reserves.
Last year's third session saw 207 horses sold for $3,376,000. The average was $16,309 and the median $8,000, with 81 horses failing to find new homes.
Beechglen Farms bred Flashy White from the stakes-winning Easy Goer mare Sheepscot, who also produced grade II stakes winner Naveskink River. The filly is from the family of grade I stakes winner and sire Vicar
Flashy White was originally consigned by Taylor Made Sales Agency, agent, to the 2006 Fasig-Tipton August Saratoga yearling sale where she failed to meet her reserve and was bought back for $395,000.
FREE! E-Newsletters from The Blood-Horse!...
Follow the top stories of major racing events, racing previews and results with FREE e-newsletters from bloodhorse.com. As news develops, we'll deliver updates to your inbox. Follow important events moment by moment, step by step!