F-T Texas Yearling Sale Holds Steady
By Shelby O’Neill
The Fasig-Tipton Texas summer yearling sale Aug. 30 managed to hold steady with last year's figures, no small feat in today's Thoroughbred market. While other yearling sales so far this season have offered smaller catalogs, the Fasig-Tipton Texas auction was able to post the exact same median as last year with a gross and average nearly mirroring 2010 figures while selling a similar number of horses.
“Overall, I think it was a pretty good sale,” said Tim Boyce, the director of sales for Fasig-Tipton Texas. “It could have been better but it could have been worse, too. We had a very good crowd and the good horses sold well. There was plenty of action on the horses at the $20,000 and above level.”
Held on the grounds of Lone Star Park halfway between Dallas and Fort Worth, the catalogue included 372 yearlings in addition to 53 horses of racing age for Phase III of the Heiligbrodt Racing Stable dispersal sale, making for the largest ever single-day sale in Fasig-Tipton Texas history. Of those yearlings, 225 sold for a gross of $2,391,200, just a shade higher than the total of $2,379,400 for the 214 head purchased at the 2010 sale. The median held steady at $5,000 from the previous year, while the average declined a slight 4.4% from $11,119 to $10,628 this year. The 30.5% buyback rate demonstrated an improvement over 33.3% buybacks in 2010.
Learn how the experts select yearlings with Fundamentals of Conformation, new from The Blood-Horse DVD Collection. Order today!
As in several previous years, the yearling that topped the sale was bred in Louisiana. This year, a City Zip filly out of multiple stakes winning Malagra mare Streak of Malagra, fetched a bid of $78,000 from Bill Cunningham, a Louisiana-based owner. The sales ticket was signed by Louisiana-based trainer Glen Delahoussaye, a frequent shopper at Fasig-Tipton Texas sales who also signed the ticket for the saletoppers at several previous sales.
Another Fasig-Tipton Texas regular fixture is consigner Mark Toothaker. After consigning numerous sale-toppers with his Liberty Bloodstock agency, Toothaker consigned this year’s highest priced yearling through his new Pauls Mill Sales, which he operates with fellow consignors Ben Walden and Jim Perrone. Pauls Mill Sales was formed this spring and has already posted success at the Fasig-Tipton Kentucky select yearling sale.
“We just felt like we were bringing the best filly in the sale when we saw her on a recruiting trip in Louisiana,” Toothaker said of the saletopper, who was consigned as property of Judice Farms. “We appreciate Mr. Judice letting us bring this filly here.”
The chestnut filly, named Daecallherdastreak, is a half sister to two stakes-winning and stakes-placed horses.
A son of Lemon Drop Kid checked in as the second-highest-priced yearling in the sale after securing a winning bid of $63,000 from buyer Ed Wright. Consigned by Singer Ranch, the Kentucky-bred colt is out of a half sister to multiple stakes winner Zada Belle.
In the Heiligbrodt dispersal sale, which featured horses of racing age, 42 horses sold for a total of $299,500. The average checked in at $7,131 while the posted median was $4,600. The highest seller was the last horse in the sale, an unraced 2-year-old son of Quiet American named Shiro and half brother to multiple stakes winner No Reason, who was purchased for $37,000 by Terrell Jarrett Jr.
Copyright © 2014 The Blood-Horse, Inc. All Rights Reserved.