By Shelby O’Neill
Despite the struggles and uncertainty facing the racing and breeding industry in the Lone Star State, the Fasig-Tipton Texas Summer Yearling Sale recorded sizeable increases Aug. 30. The one-day auction was held on the grounds of Lone Star Park near Dallas.
The biggest gain came in gross sales, which jumped 25.9% from $1,889,400 last year to $2,379,400 this year from a catalog virtually identical in size. At this year’s auction, 214 yearlings sold from 321 offered, while last year 185 went home with new owners from 319 that entered the ring. The buy-back rate improved from 42% to 33.3%, and the average jumped by 8.9% to $11,119. The only figure that didn’t improve was the median, which held steady at $5,000.
"Obviously the Louisiana-breds led the band, and the Texas-breds probably fell more," said Fasig-Tipton Texas director of sales Tim Boyce. "The Oklahoma-breds did well and so did the Kentucky-breds. We had some buyers come back that hadn’t been here in a while, and we had some new faces, too.
"The people in Louisiana are getting pretty serious, both the breeders and the buyers, Boyce added. "They are the poster children for what can happen in Texas if we get slots here."
The only yearling to hit six figures was Evon’s Wildcat, a Louisiana-bred colt by Wildcat Shoes who went to Coteau Grove Farm for $111,000.
"I thought he would go for $75,000 to $100,000, but we agreed to go 20% above that if we really liked him, and we did," said trainer Glenn Delahoussaye, who bought the colt for Coteau Grove Farm. "You can’t hide a good horse, so we knew he would go for a lot."
Evon’s Wildcat is out of the unraced Gold Case mare Little Evon, whose three other starters are undefeated stakes winner Toro Bravo, a son of Holy Bullwho has three wins in as many starts, stakes-placed Reckon, and Storm Evon, a Storm Day filly who has earned more than $85,000. Delahoussaye bought Toro Bravo for Coteau Grove Farm for $58,000 at last year’s sale.
The colt was consigned by Newport Innage Farm LLC, agent for Oak Tree Stables LLC.
The highest-selling filly, also a Louisiana-bred, sold for $63,000. Consigned by Scott Mallory, agent, and purchased by Rufus Patin, the daughter of Closing Argument is out of the stakes-winning Distinctive Pro mare Tensie’s Pro, who is the dam of Triple Bend Handicap (gr. I) winner E Z’s Gentleman. The filly was bred by Randel Stutes and Glen Gilbert.