Fasig-Tipton

Midlantic Fall Yearlings Sale

  • September 29, 2014 10:00 a.m. Hips 1-450

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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.

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.

Downward Trends Continue at F-T Sale

Downward Trends Continue at F-T Sale

Prices tumbled at the the Fasig-Tipton Kentucky winter mixed sale Feb. 9 in Lexington, following the downward trends that have been seen at other recent auctions. The average price dropped 42.8% while the median price fell 28.6%. A much smaller sale catalog than in 2008 contributed to the 62.9% decline in the gross revenue.

F-T Faces Tough Market With Mixed Sale

F-T Faces Tough Market With Mixed Sale

The 2008 Fasig-Tipton Kentucky winter mixed auction posted an 18.9% gain in average price. The gross revenue rose 1.9% while the median price remained the same as in 2007. But this year's edition of the sale, scheduled for Feb. 9 in Lexington, isn't expected to perform as strongly.

Do Juvenile Sale Work Surfaces Matter?

Do Juvenile Sale Work Surfaces Matter?

DataTrack International, a company that that quantifies speed, stride length, and motion analysis at juvenile auctions, recently announced the results of a study of sale 2-year-olds that looked at the types of surfaces over which the horses were breezed during under tack shows and then followed how they performed in races over synthetic and dirt tracks.

F-T to Sponsor Fountain of Youth Stakes

F-T to Sponsor Fountain of Youth Stakes

Fasig-Tipton is teaming with Gulfstream Park to sponsor the $250,000 Fountain of Youth Stakes (gr. II). The 63rd running of the race, which will called the "Fasig-Tipton Fountain of Youth Stakes," is scheduled for Feb. 28 in South Florida. The Fasig-Tipton Florida select sale of 2-year-olds in training will be held March 3.

Uniform Policies Set for Horse Sales

Uniform Policies Set for Horse Sales

The four major U.S. sale companies - Barretts, Fasig-Tipton, Keeneland, and the Ocala Breeders' Sales - have issued a set of uniform policies that will govern medication, prohibited practices, riding crops, and horseshoes, effective with the Feb. 17 OBS selected sale of 2-year-olds in training.

Hall of Fame Ceremony Date Changed

Hall of Fame Ceremony Date Changed

The National Museum of Racing's Hall of Fame ceremony in Saratoga Springs, N.Y., which for a number of years has taken place on a Monday in early to mid August, will be moved to Friday, Aug. 14 this year.

New F-T Office Will Have Three Levels

New F-T Office Will Have Three Levels

Construction is under way on a new office building at Fasig-Tipton's Newtown Paddocks property near Lexington. The structure, which will be located in front of the sale pavilion, will have three levels (two above ground and a basement). A walkway will connect the second above ground level of the office building with the second story of the sale pavilion.

TCA Auction Raises $1.3 Million

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TCA Auction Raises $1.3 Million

Despite the global economic slump, Thoroughbred Charities of America was able to raise a gross of $1.3 million dollars at its annual Stallion Season and Art Auction Dec. 5.

Fasig-Tipton Texas Gross Drops 46.7%

The Fasig-Tipton Texas December mixed sale, which was the last major Thoroughbred auction of the year in this country, followed the downward trend that has plagued the equine marketplace in recent months. The gross revenue plummeted 46.7% Dec. 14 compared to a year ago, while the average price dropped 36%. The median declined 14.3%.

Fasig-Tipton Texas Ends Auction Year

The Fasig-Tipton December mixed sale, this country's last major Thoroughbred auction of the year, will be held Dec. 14 at Lone Star Park in Grand Prairie. There are 221 horses listed in the catalog: 142 broodmares or broodmare prospects, 44 weanlings, and 35 yearlings or horses of racing age.

F-T Midlantic Sale's Gross Drops 43.1%

F-T Midlantic Sale's Gross Drops 43.1%

The Fasig-Tipton Midlantic December mixed sale, like many other auctions lately, suffered significant downturns in business. Compared to 2007, the gross plunged 43.1% Dec. 8 in Timonium, Md. However, the average price and median price experienced less severe losses, dropping 12.3% and 14.3%, respectively.

Trinity Magic a Blessing for Church

Trinity Magic a Blessing for Church

Jim and Treasa Donnan and Terry Bailey's unbeaten Ocala Breeders' Sales Co. (OBS) auction graduate Trinity Magic has been a blessing for Blessed Trinity Catholic Church in Ocala, Fla., since the 2-year-old colt was pinhooked out of a yearling sale in 2007, and the stakes are going up if he gets to the starting gate in the $1-million Delta Jackpot Stakes (gr. III) Dec.7.

Fasig-Tipton Forms Advisory Board

Fasig-Tipton has formed an advisory board of directors to assist the company's management in its auction ventures and other related initiatives in the Thoroughbred industry. Fasig-Tipton chairman Walt Robertson is chairing the advisory board, and Fasig-Tipton chairman emeritus D. G. Van Clief Jr. is a board member.

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.

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