FTK Posts Gains Across the Board
Updated: Tuesday, February 12, 2008 12:33 PM
Posted: Monday, February 11, 2008 6:17 PM
As a snowfall befitting a winter sale began to whiten the ground at the Newtown paddocks in Lexington, the Fasig-Tipton Kentucky Winter Mixed Sale concluded Monday, Feb. 11, with solid gains in every category.
The sales company reported 318 horses sold for gross receipts of $6,452,400, which was up 1.9% over the 2007 total of $6,332,300 when 371 horses were sold. This year’s two-day average of $20,291 represented an 15.8% gain over the $17,068 one year ago and the median price remained unchanged at $7,000. The 103 horses that were not sold this year was 24.4% of the total through the ring, compared with an RNA rate of 25.7% in 2007.
“It was a very good market, with plenty of activity from start to finish,” said Boyd Browning, FTK executive vice president and chief operation officer. “It was certainly a legitimate place to buy or sell horses.”
Stakes winner Coli Bear topped the session, bringing a final bid of $200,000.
Consigned by Crossroads Sales Agency as a racing or broodmare prospect, the 5-year-old daughter of Formal Dinner was purchased by G. Chris Coleman. Bred in Florida by Nick Cimino, Coli Bear has 10 wins and 10 second- or third-place finishes to her credit while earning $378,070. Her victories include the 2006 Rehoboth Handicap at Delaware Park.
The session’s second-highest price of $180,000 was paid by Robert S. West, Jr., for Cute Cognac, a 4-year-old stakes-winning daughter of Hennessy
offered as a broodmare prospect. Bred in New York by Mia Gallo and Deborah Petrisak, Cute Cognac won the 2007 Office Miss Stakes, a restricted race at Belmont Park. The half-sister to stakes winner Gratiaen was consigned by Thomas J. Gallo Sales Agency, agent for Born to Run LLC, to dissolve a partnership.
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