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Stakes Winner Piazza Di Spagna Tops Fasig-Tipton Sale

Updated: Wednesday, October 31, 2001 5:01 PM
Posted: Tuesday, October 30, 2001 4:55 PM
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Piazza Di Spagna, winner of the Inside Information Stakes on grass at Monmouth Park in July, sold for $70,000 to top the Fasig-Tipton horses of racing age sale at Belmont Park on Tuesday. Bred in Chile, the 5-year-old daughter of Great Regent was purchased by Eb Novak's New Farm from trainer Rene Araya, who raced the mare in partnership with Todd Liebman and Robert Van Ostrand.

A winner of 10 of her 34 career starts, Piazza Di Spagna has earned $166,549. In her most recent outing, she finished sixth, beaten by 9 1/4 lengths, in a mile allowance race on grass at Belmont. Piazza Di Spagna's dam, Charing Cross (by Tantoul), was a multiple group III winner in Chile.

Fasig-Tipton reported that 95 horses were sold for a gross of $1,038,400 and an average price of $10,931. The median was $8,000. All of the figures represented increases from a year ago when the 74 head sold brought a gross of $471,600, an average of $6,373, and a median of $4,500. This year's buy-back rate was 11.2%, with 12 of the 107 horses offered failing to find new homes. Last year's buy-back rate was 14.0%.

Fasig-Tipton donated all commissions generated by the sale to the NTRA Charities-New York Heroes Fund.

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