Fasig-Tipton

Midlantic December Mixed 

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Date and Format Changes for Fasig July

Fasig-Tipton has made minor adjustments to the timing and format of its 2010 Kentucky July selected yearling sale, which will be held at Newtown Paddocks near Lexington on Tuesday and Wednesday, July 13 and 14.

Clutch Player Dead of Pneumonia

Clutch Player, who broke his maiden last month in his first start and was considered a possible prospect for the Kentucky Derby Presented by Yum! Brands (gr. I), died Jan. 4 of pneumonia, Daily Racing Form reported.

Industry Closely Watches Dubai Debt Crisis

Industry Closely Watches Dubai Debt Crisis

The debt crisis in Dubai was being closely monitored Nov. 27 by buyers and sellers of high-end Thoroughbreds, but there was no immediate indication Dubai's ruler would scale back his enormous financial ties to the industry in the United States and elsewhere.

Fasig-Tipton Sale Suffers Sharp Declines

Fasig-Tipton Sale Suffers Sharp Declines

This year, without as much star power, the Fasig-Tipton Kentucky November select mixed sale suffered sharp downturns of 59.4% in gross revenue, 52.7% in average price, and 32% in median price Nov. 10.

BC-Connected Horses Set to Sell

BC-Connected Horses Set to Sell

Three participants in this year's Breeders' Cup World Championships â€" Diamondrella, Lethal Heat, and Magical Fantasy -- were scheduled to be offered at the Nov. 10 Fasig-Tipton November select mixed sale in Lexington as of Nov. 9. Grade I winner Diamondrella finished 11th in the Breeders' Cup Turf Sprint; grade II winner Lethal Heat was seventh in the Breeders' Cup Ladies Classic (gr. I); and grade I winner Magical Fantasy finished fifth in the Emirates Airline Breeders' Cup Filly & Mare Turf (gr. IT).

Bar Set High at Fasig-Tipton November Sale

Bar Set High at Fasig-Tipton November Sale

While the plunging economy was pounding other mixed sales late in 2008, the Fasig-Tipton November select auction generated spectacular results. The gross revenue rose 35.1% from the previous year while the average price and median prices increased 58.8% and 38.9%, respectively.

F-T Ky. Fall Yearling Sale Rebounds

F-T Ky. Fall Yearling Sale Rebounds

The Fasig-Tipton Kentucky fall yearling sale bucked the prevailing negative trends in the Thoroughbred marketplace to post increases of 9.1% in median price and 5.7% in gross revenue during its three-day run that ended Oct. 28 in Lexington.

Fasig-Tipton Makes Stem Cell Announcements

People listening closely to the announcements from the auction stand during the Fasig-Tipton Kentucky fall yearling sale heard something new during the auction's three-day run (Oct. 26-28) in Lexington. For the first time, Fasig-Tipton told prospective buyers when a horse's stem cells had been collected and stored.

Median Continues to Rise at F-T Ky. Sale

Median Continues to Rise at F-T Ky. Sale

Leonard Lavin's Florida-based Glen Hill Farm was a powerful buying force during the Fasig-Tipton Kentucky fall yearling sale's second session, which generated a median price that was up 25% from a year ago. The average price fell 4.4% while the gross revenue declined 12.3% Oct. 27 in Lexington.

Median Up 20% at F-T Ky. Fall Yearling Sale

Median Up 20% at F-T Ky. Fall Yearling Sale

The news wasn't all bad during the opening session of the Fasig-Tipton Kentucky fall yearling sale Oct. 26 in Lexington. The median price increased 20% from 2008 while the buy-back rate was down significantly. The results also included downturns of 11% in gross revenue and 6.4% in average price, but they weren't nearly as severe as those suffered by many other yearling auctions earlier in 2009.

F-T Ky. Fall Yearling Sale Has Sire Power

F-T Ky. Fall Yearling Sale Has Sire Power

Fasig-Tipton's Kentucky fall yearling sale isn't as fancy as the company's Saratoga and Kentucky July select auctions, but as a producer of Kentucky Derby Presented By Yum! Brand (gr. I) winners, it stands out. Big Brown, who captured the Run for the Roses in 2008, and Mine That Bird, who scored in the first leg of the Triple Crown this year, both are graduates of the October sale.

F-T November Virtual Catalog has Improvements

F-T November Virtual Catalog has Improvements

Fasig-Tipton, which introduced its virtual catalog concept last year for its Kentucky November select mixed sale, has made a number of technical enhancements since then. The improvements can be seen in the virtual catalog for this year's edition of the November auction, which appears on the sale company's Web site: www.fasigtipton.com.

Harlan's Holiday Colt Sells for $300,000

Harlan's Holiday Colt Sells for $300,000

A Harlan's Holiday colt became the top-priced horse sold at the Fasig-Tipton Midlantic Eastern fall yearling sale so far when he commanded $300,000 during the auction's second session Oct. 6 in Maryland. Francis Vanlangendonck of the Summerfield sales agency signed the sale ticket on behalf of Florida pinhooker Nick de Meric. Samantha Siegel of Jay Em Ess Stable and Alan Quartucci of North Shore Bloodstock also were in the hunt for the striking bay yearling, which went through the sale ring early in the afternoon.

Malibu Moon Colt Brings $120,000 at F-T Sale

The Fasig-Tipton Midlantic Eastern fall yearling auction got a new top price just before 1 p.m. (EDT) Oct. 6 when a Not For Love colt sold for $120,000 to Samantha Siegel of Jay Em Ess Stable during the sale's second session in Maryland. The previous high -- $117,000 for a Malibu Moon -- Two Chimneys colt -- came during the opening session Oct. 5.

Buy-Back Rate Down at FT Midlantic Sale

Buy-Back Rate Down at FT Midlantic Sale

The Thoroughbred market's dismal downward trend this year continued during the opening session of the Fasig-Tipton Midlantic Eastern fall yearling sale Oct. 5 in Maryland. The gross revenue suffered a moderate 9.5% loss from 2008, but the median price plummeted 35% while the average price fell 19.4%.

Reviews Positive for Sale Pavilion Upgrades

Reviews Positive for Sale Pavilion Upgrades

Prices dropped during the opening session of the Fasig-Tipton Midlantic Eastern fall yearling sale Oct. 5 in Maryland, following a trend that has been seen at nearly every Thoroughbred auction this year. But there were still a lot of smiling faces as buyers and consignors praised the newly renovated sale pavilion at the State Fairgrounds in Timonium.

F-T Midlantic Sale Will Enjoy Upgrades

F-T Midlantic Sale Will Enjoy Upgrades

The Fasig-Tipton Midlantic Eastern fall yearling might struggle like nearly every other Thoroughbred auction this year, but at least the buyers and consignors will have a newly renovated sale pavilion to enjoy Oct. 5 and 6 in Timonium, Md. According to Fasig-Tipton officials, there will be dramatic changes in the appearance of the once drab facility.

Kentucky November Mixed Sales' Dates Changed

Keeneland and Fasig-Tipton have made changes to their November sales schedules to better accommodate horsemen attending the Breeders' Cup World Championships at Santa Anita Park Nov. 6 and 7. Keeneland's November breeding stock sale will begin Tuesday, November 10, at 10 a.m. (EST) and run through Sunday, November 22. Fasig-Tipton will conduct its select mixed sale on Tuesday, November 10, starting at 5 p.m. (EST).

Median Rises at F-T Texas Sale; Gross Plunges

Median Rises at F-T Texas Sale; Gross Plunges

Reduced to a one-day sale, the Fasig-Tipton Texas summer yearling auction posted a gross that was down significantly Aug. 31 at Lone Star Park. Under last year's two-day format, 443 horses were cataloged, but only 319 were offered this year, contributing to a 43.9% decline in the gross, from $3,369,700 to $1,889,400. The buy-back rate rose from 36.6% in 2008 to 42%, with only 185 head selling. While the median increased to $5,000 from $4,500, the average dipped from $11,992 to $10,213, a 14.8% decline.

IEAH: Saratoga Buys Could Be Pinhooked

IEAH: Saratoga Buys Could Be Pinhooked

International Equine Acquisitions Holdings (IEAH), through agent Nick Sallusto, was the biggest-spending domestic buyer at the recent Fasig-Tipton Saratoga select yearling auction in New York, paying $2,150,000 for six yearlings. All the horses could be offered next year at sales of 2-year-olds in training, according to IEAH president and director Michael Iavarone.

Business Down at F-T Preferred Yearling Sale

Business Down at F-T Preferred Yearling Sale

A Medaglia d'Oro colt brought the sale-topping price of $275,000 as the Fasig-Tipton New York-bred preferred yearling auction ended its two-night run Aug. 16 in Saratoga Springs, N.Y, well behind last year's record-setting pace. Trainer Seth Benzel, agent for Whitehall Stable, purchased the bay yearling. James Pippo is the president of Whitehall, which puts together racing partnerships.

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.

Gross Rises 45.6% at Saratoga Sale

Gross Rises 45.6% at Saratoga Sale

Fasig-Tipton officials worked hard, and Sheikh Mohammed shopped hard. The end result was a soaring Saratoga select yearling sale that provided its participants with a brief, two-evening respite from all the bad news generated by a struggling Thoroughbred industry that is reeling from a global financial crisis and its own internal problems. In a performance most unusual in these difficult economic times, the auction enjoyed upswings from 2008 of 45.6% in gross revenue, 11.1% in average price, and 9.9% in median price.

Saratoga Strange: Filly's Buyer Flees

"I've never seen anything like this," said Holly Bandoroff of Denali Stud of a bizarre incident that involved a well-bred dark bay or brown filly, a bald man in a plaid shirt, at least three Fasig-Tipton officials, and several policemen during the second and final session of the Fasig-Tipton Saratoga select yearling sale in New York Aug. 11.

Mo Momentum: Sheikh Boosts Saratoga Sale

Mo Momentum: Sheikh Boosts Saratoga Sale

Boosted by the Sheikh Mohammed stimulus package, the Fasig-Tipton Saratoga select yearling sale got off to a sizzling start Aug. 10 in New York at a time when the struggling economy is causing prices to fall at other Thoroughbred auctions. The gross revenue for the 76 horses that sold was $25,470,000, which was a whopping 40.3% increase from the opening session a year ago. The average price grew 10.7% to $335,132, and the median price increased 6.4% to $250,000.

Sheikh Mohammed in Saratoga for Sale

Sheikh  Mohammed in Saratoga for Sale

Sheikh Mohammed, the world's biggest Thoroughbred auction spender, inspected yearlings consigned to the Fasig-Tipton Saratoga select yearling sale the morning of Aug. 10, just hours before the 6 p.m. (EDT) start of the New York auction. As a light rain fell, the ruler of Dubai looked at some horses while standing under the cover of the new walking ring. He previously had visited the Fasig-Tipton sale grounds early in the evening on Aug. 9.

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