Fasig-Tipton

The July Sale 2014

  • July 14, 2014 10:00 a.m.

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Fasig-Tipton Rejoins NTRA

Just days before its first yearling sale of 2009, Fasig-Tipton announced it has rejoined the National Thoroughbred Racing Association (NTRA).

SITA Will Clarify Policy on Aged Mares

The Society of International Thoroughbred Auctioneers (SITA) will clarify its policy on aged broodmares during its next meeting, according to a press release issued by the organization on July 10. Based on comments by Fasig-Tipton and Keeneland officials, there was confusion about the portion of the policy that addresses broodmares 18 years of age and older and whether the ban recommended by SITA concerns all broodmares of that age or only broodmares of that age that are not in foal.

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.

F-T to Host Road Races in Saratoga

F-T to Host Road Races in Saratoga

Fasig-Tipton will host a five-kilometer (5K) race and a one-mile "fun run" Aug. 15 in Saratoga Springs, N.Y. Both events will start in front of the auction firm's Humphrey S. Finney Pavilion. All proceeds will be divided equally among the New York Racing Association's four charities: The Anna House, Backstretch Employee Service Team, New York Racetrack Chaplaincy, and The Backstretch Education Fund.

TCA to Manage Blue Horse Charities

TCA to Manage Blue Horse Charities

Fasig-Tipton has announced the assignment of the day-to-day management of their wholly-owned subsidiary, Blue Horse Charities, to Thoroughbred Charities of America, an affiliate of Thoroughbred Owners and Breeders Association.

Dogwood, Saylor to Race Bird's Brother

Dogwood, Saylor to Race Bird's Brother

The Yonaguska half-brother to Kentucky Derby Presented by Yum! Brands (gr. I) winner Mine That Bird, which brought $485,000 from Dogwood Stable president Cot Campbell at the recent Fasig-Tipton Midlantic sale of 2-year-olds in training, will be raced in partnership by Dogwood and Paul Saylor.

Hobeau Dispersal Starts With Bang in Maryland

Hobeau Dispersal Starts With Bang in Maryland

The dispersal of late Jack Dreyfus' Hobeau Farm's horses started at the recent Fasig-Tipton Midlantic sale of 2-year-olds in training in Maryland. Cary Frommer, as agent, sold four of the operation's juveniles for $1,028,000. They included a Tapit colt named Tashop that set a record for a horse sold at public auction in Maryland with his $850,000 price.

Buy-Back Rate Falls at F-T Midlantic Sale

Buy-Back Rate Falls at F-T Midlantic Sale

The Fasig-Tipton Midlantic sale of 2-year-olds in training ended its two-day run May 19 in Timonium, Md., with downturns of 11.6% in average price and 10.7% in median price that weren't nearly as severe as the setbacks experienced by many other juvenile auctions this year. In addition, the buy-back rate declined significantly, from 34.1% in 2008 to 23.1%.

Bird's Half-Brother Goes to Dogwood

Bird's Half-Brother Goes to Dogwood

A Yonaguska half-brother to Kentucky Derby Presented by Yum! Brands (gr. I) winner and BlackBerry Preakness Stakes (gr. I) runner-up Mine That Bird brought $485,000 during the opening session of the Fasig-Tipton Midlantic sale of 2-year-olds in training May 18. Dogwood Stable purchased the dark bay or brown colt from Cary Frommer, agent for Paul Saylor.

F-T Midlantic Sale's Results Could Surprise

F-T Midlantic Sale's Results Could Surprise

Even in the midst of an economic crisis, there is hope for a solid performance from the Fasig-Tipton Midlantic sale of 2-year-olds in training, which is scheduled for May 18 and 19 in Timonium, Md. The bulk of the auction's catalog consists of reasonably-priced, blue-collar stock, and some of the other regional sales, which offered juveniles of the same type, generated results that were better than expected earlier this year.

F-T Midlantic Sale Results Could Surprise

F-T Midlantic Sale Results Could Surprise

Even in the midst of an economic crisis, there is hope for a solid performance from the Fasig-Tipton Midlantic sale of 2-year-olds in training, which is scheduled for May 18 and 19 in Timonium, Md. The bulk of the auction's catalog consists of reasonably-priced, blue-collar stock, and some of the other regional sales, which offered juveniles of the same type, generated results that were better than expected earlier this year.

Jiosa Jazz, Johannesburg Colt Work Fast

A Read the Footnotes--Herat's Goldengirl colt named Jiosa Jazz and a Johannesburg--Kitty Carson colt tied for the fastest quarter-mile work May 14 during the second and final session of the under tack show for the Fasig-Tipton Midlantic sale of 2-year-olds in training. Both juveniles covered the distance in :21 4/5 over the track at the Maryland State Fairgrounds in Timonium, Md.

Saylor Ponders Future for Bird's Half-Brother

Saylor Ponders Future for Bird's Half-Brother

Paul Saylor said "I nearly fell out of my chair" while watching the May 2 Kentucky Derby Presented By Yum! Brands (gr. I) on television. Like a lot of people, he was surprised by Mine That Bird's huge upset. But what really knocked Saylor for a loop was the realization that a juvenile Yonaguska colt he owned suddenly had become a half-brother to a classic winner.

Fasig-Tipton to Offer Derby Winner's Sibling

Fasig-Tipton to Offer Derby Winner's Sibling

A Yonaguska half-brother to Kentucky Derby Presented By Yum! Brands (gr. I) winner Mine That Bird has been added to the catalog of the Fasig-Tipton Midlantic sale of 2-year-olds in training. The auction will be held May 18 and 19 at Timonium in Maryland. It starts two days after the running of the May 16 Preakness Stakes (gr. I), in which Mine That Bird is scheduled to compete.

F-T Midlantic Sale Has 500 Juveniles

F-T Midlantic Sale Has 500 Juveniles

Fasig-Tipton has cataloged 500 horses for its Midlantic sale of 2-year-olds in training, which will be held May 18 and 19 at the Maryland State Fairgrounds in Timonium, Md., immediately following Preakness Stakes (gr. I) weekend at Pimlico in nearby Baltimore. The number of offerings is down 23.1% from last year's total of 650, and that is by design, according to Fasig-Tipton's director of marketing, Terence Collier.

Average Holds Steady at F-T Texas Sale

Average Holds Steady at F-T Texas Sale

The performance of the Fasig-Tipton Texas sale of 2-year-olds in training March 31 exceeded expectations when the average price held steady amidst tumbling figures at juvenile auctions across the country. The sale was held at Lone Star Park.

Dunne Good; Wavertree Tops Two 2yo Sales

Dunne Good; Wavertree Tops Two 2yo Sales

Even though the market for 2-year-olds in training has been tough, Ciaran and Amy Dunne of Florida-based Wavertree Stables have two big reasons to celebrate. Wavertree-consigned horses topped both the Fasig-Tipton Florida select auction and the Barretts March sale.

Juvenile Sale Review: Down 30% or More

When sale company officials, consignors, and buyers analyzed the Thoroughbred marketplace in the past, they often mentioned how well demand for the most expensive horses was holding up. But during the latest economic downturn, which has sparked financial crises around the world, even the top of the market is taking a pounding based on the combined results for the first four major select sales of 2-year-olds in training.

Mulligan Update: Stable and Progressing

Mulligan Update: Stable and Progressing

Mike Mulligan, a leading consignor at sales of 2-year-olds in training, was in stable condition, with a head injury, at Memorial Regional Hospital in Hollywood, Fla., March 9. Fasig-Tipton director of marketing Terence Collier reported March 10 that "they (doctors) are changing his medication levels today to raise him to the next level (of consciousness). All vital signs continue to be progressing."

F-T Chatter: The Market at Calder

F-T Chatter: The Market at Calder

The Fasig-Tipton Florida select sale of 2-year-olds in training, held March 3 at Calder Race Course, suffered downturns of 25.5% in gross revenue, 31.5% in average price, and 34.8% in median price. The number of horses sold rose 8.8% while the buy-back rate dropped to 35.5% from 40.4% a year ago. Read what people at the auction had to say about the market:

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%.

Unbridled's Song Colt Brings $1.1M

Unbridled's Song Colt Brings $1.1M

A strapping Unbridled's Song colt named Cornerstone broke through the seven-figure price barrier a little more than two hours into the Fasig-Tipton Florida select sale of 2-year-olds in training March 3 at Calder Race Course. Sheikh Mohammed's bloodstock manager John Ferguson paid $1.1 million for the gray or roan juvenile.

Fasig-Tipton to Report Private Sales

Fasig-Tipton will report private sales in addition to horses sold in the auction ring during its Florida select sale of 2-year-olds in training March 3 at Calder Race Course. The juveniles sold privately will be designated on the sale summary sheet as (PS), which stands for private sale. The private sales will be included in the auction's final statistics.

Fasig-Tipton: Puttin' on the Ritz

Fasig-Tipton: Puttin' on the Ritz

When Dubai-based Synergy Investments purchased Fasig-Tipton last year, Sheikh Mohammed's bloodstock manager, John Ferguson, vowed the Kentucky-based auction firm would strive to offer higher levels of customer service. According to shoppers at Fasig-Tipton's Florida select sale of 2-year-olds in training, the company is fulfilling that promise.

Times Are Tough for Pinhookers

If the recent Ocala Breeders' Sales Co. (OBS) February select sale of 2-year-olds in training was any indication, it's going to be a tough year for yearling-to-juvenile pinhookers. The rate of return (ROR) on their investment, 30.7%, ranked among their worst ever based on figures that date back to 1990. It was the weakest since the ROR dropped to its lowest point during the 20-year period of 17.1% in 1993.

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