Boyd Browning

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N.Y.-Bred Sale Next Up for Fasig-Tipton

Fasig-Tipton reversed the negative business trends seen at Thoroughbred auctions this year at its recent Saratoga select yearling sale, where the gross revenue, average price, and median price all enjoyed significant upswings from 2008. The second and final auction on the company's upstate New York calendar is the New York-bred preferred yearling auction, which will be held Aug. 15 and 16. Each session will start at 7 p.m. (EDT).

F-T Starts Effort to Attract New Owners

When Dubai-based Synergy Investments purchased Fasig-Tipton last year, officials of the auction firm said that one of the company's missions would be to bring in new participants to Thoroughbred racing. The initial effort, known as the Fasig-Tipton Racing Club, will involve a broad-based program that will identify racing enthusiasts who have the potential and desire to become active owners.

Looking Back: People Discuss F-T July Sale

Looking Back: People Discuss F-T July Sale

The Fasig-Tipton July select yearling sale, held July 20-21 in Lexington, ended with significant setbacks in gross revenue, average price, and median price, but managed to lower its buy-back rate from a year ago slighty. Read what sale company officials and sale participants had to say about the market.

Fasig-Tipton Sale: Day One Recap (Video)

Fasig-Tipton Sale: Day One Recap (Video)

Blood-Horse bloodstock sales editor Deirdre Biles recaps the first day of the Fasig-Tipton Kentucky July Select Yearling sale, plus an interview with Fasig-Tipton's Boyd Browning. Presented by OCD Pellets.

F-T Fall Mixed Sale Set for Nov. 9-10

F-T Fall Mixed Sale Set for Nov. 9-10

The Fasig-Tipton Kentucky fall select mixed sale will be conducted during two evening sessions on Nov. 9 and 10, a Monday and a Tuesday, in Lexington. That format is a change from recent years, when the auction had been held on a Sunday night.

SITA's New Mare Policy Causes Confusion

Fasig-Tipton and Keeneland executives are raising questions about the the Society of International Thoroughbred Auctioneers' new guidlelines for older mares and barren mares, saying the policies they had agreed to support differed on one key point from what has appeared in recent published reports.

Buybacks Down at F-T Sale; Average Drops

Buybacks Down at F-T Sale; Average Drops

Tackling the biggest financial crisis since the Great Depression, Fasig-Tipton's Florida select sale of 2-year-olds in training suffered some bumps and bruises, but also scored a couple of minor victories. The number of horses sold rose from a year ago while the buy-back rate declined. Meanwhile, the gross revenue fell 25.5% and the average price dropped 31.5%. The median price was down 34.8%.

F-T Racing Festival Set for Saratoga

Fasig-Tipton Company and the New York Racing Association (NYRA) are teaming up to develop the inaugural Fasig-Tipton Festival of Racing at Saratoga Race Course The festival will be held the second weekend of the Saratoga racing season, Aug. 8 and 9, and will precede the Fasig-Tipton Saratoga select yearling auction Aug. 10 and 11.

Welker to Join F-T Management Team

Welker to Join F-T Management Team

Bayne Welker will join Fasig-Tipton's management team as an account executive early next year. He has been the director of public sales and stallion marketing at Mill Ridge Farm near Lexington for nine years. He also is the president of the Consignors and Commercial Breeders Association.

Details of Saratoga Renovation Reported

Details of Saratoga Renovation Reported

Fasig-Tipton's renovation and expansion of its Humphrey S. Finney Pavilion in Upstate New York will cost several million dollars, according to a Nov. 14 report in the Albany Business Review. In plans filed with the city of Saratoga Springs, the auction company's officials said they would use bluestone, slate, brick, and historic wood fencing to create a more upscale facility.

Better Than Honour Sets World Record

Better Than Honour Sets World Record

Even though we're in the midst of a global financial crisis, a special horse can still bring a jaw-dropping amount. Better Than Honour, the dam of back-to-back Belmont Stakes (gr. I) winners Jazil and champion Rags to Riches, set a world Thoroughbred auction record for a broodmare or broodmare prospect Nov. 2 when her price soared to $14 million during the Fasig-Tipton November select mixed sale in Lexington.

Confidence High at FT November Sale

Confidence High at FT November Sale

A small catalogue of boutique offerings combined with a dash of confidence from sale company officials and consignors could be the just the right recipe for the 2008 Fasig-Tipton Kentucky November select sale. The one-day auction begins at 3 p.m. at the sale company's Newtown Paddocks near Lexington.

Expansion Planned for Saratoga Pavilion

Expansion Planned for Saratoga Pavilion

Fasig-Tipton has applied for a building permit to expand its sale pavilion in Saratoga Springs, N. Y., according to the company's president, Boyd Browning. Much of the work planned for the Humphrey S. Finney Pavilion, he said, is designed to bring the building "up to date" to comply with the existing codes for handicapped access.

F-T Has 14-Sale Schedule in 2009

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Fasig-Tipton will conduct 14 Thoroughbred sales in 2009 in five states: Kentucky, New York, Florida, Maryland, and Texas. There will be 25 days of auctions in all. The schedule begins with the Kentucky winter mixed sale in Lexington Feb. 8-9.

Fasig-Tipton Paying Consignors Faster

When Dubai-based Synergy Investments purchased Fasig-Tipton earlier this year, the auction company's officials vowed that one of their goals would be to improve customer service. And Fasig-Tipton already has begun delivering on that promise.

F-T's Future: Bigger and Better

F-T's Future: Bigger and Better

Fasig-Tipton will pay the nomination and entry fees for the horses sold at its recent Saratoga select yearling auction that are pointed to any of the six graded stakes for juveniles at Saratoga in 2009. It's just one of what could be many initiatives as the company attempts to reinvent itself.

Sale of Fasig-Tipton Complete

Sale of Fasig-Tipton Complete

The purchase of Fasig-Tipton by Dubai-based Synergy Investments was finalized May 30, according to Boyd Browning, Fasig-Tipton's executive vice president and chief operating officer.

Fasig-Tipton Sale Posts Gains

Fasig-Tipton Sale Posts Gains

Although fewer horses were sold, the two-day Fasig-Tipton Kentucky winter mixed sale posted increases in gross, average, and median during its opening session Feb. 10 at the sale company's Newtown Paddocks near Lexington.

Market Analysis: New Owners Needed

The trend seen at Saratoga more horses offered and sold at lower average prices sounds a clarion call that innovation is needed to attract and retain new Thoroughbred owners.

Fasig-Tipton Midlantic Sale Ends With Record Gross

A half-sister to recent Matron Stakes (gr. I) winner Meadow Breeze provided an exciting ending to the Fasig-Tipton Midlantic Eastern fall yearling sale Wednesday, topping the auction with her $220,000 price late during the third and final session in Maryland.

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