Fasig-Tipton

The July Sale 2014

  • July 14, 2014 10:00 a.m.

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Juvenile Consignors' Group Details Progress

A general meeting of the National Association of Two-Year-Old Consignors in Ocala, Fla., Tuesday evening focused on a number of concerns, including medication, perception problems in the media, and buyer confidence. Much of the meeting focused on industry unity and introduction of a slogan that promotes horses coming out of the 2-year-old sales: bid, buy, and race with confidence.

Sale Companies to Repossess Horses Bought By Sykes

Having failed to collect on past due accounts, Keeneland and Fasig-Tipton plan to repossess most of the 134 horses purchased late in 2000 by Bernice L. Givens Sykes and offer them at the Fasig-Tipton Kentucky winter mixed auction Feb. 12. Sykes signed tickets for nearly $700,000 worth of stock. She spent $267,700 for 59 horses at the Keeneland November breeding stock sale in Kentucky, and another $431,100 for 75 head at the Fasig-Tipton Midlantic December mixed sale in Maryland.

Horse Buyer Fails to Pay Keeneland, Farm Owner

One of the most active buyers at last year's Keeneland November breeding stock auction, Bernice L. Givens Sykes, signed sale tickets for 59 horses, which were worth $267,700. But, according to Harvie Wilkinson, Keeneland's director of finance, Sykes hasn't paid for those purchases, the money is past due, and the Central Kentucky auction firm is exploring legal action.

Record Setting Fasig-Tipton Sale Concludes

Sale records were established for the number of horses sold, gross revenue, and average price at the Fasig-Tipton Midlantic Eastern fall yearling auction, which ended on Wednesday. In addition, more horses were sold for six-figure prices than ever before.

Fasig-Tipton Midatlantic Starts Strong

The Fasig-Tipton Midlantic Eastern fall yearling sale got off to a solid start on Monday, with 10 horses bringing individual prices of $100,000 or more. The opening session of the three-day auction also registered slight increases in average and median from a year ago and a significant upswing in gross revenue.

NTRA Makes Gains on Auction Contributions

A pledge to spend money raised through the Thoroughbred auction process on political action endeavors apparently has led to an increase in contributions to the National Thoroughbred Racing Association. It could be timely given the fact the Internet Gambling Prohibition Act could come up for consideration in Washington, D.C., in late September.

Hennessy Colt Tops Day 1 at FT Texas

A colt by Hennessy attracted a record bid of $150,000 from Tom Durant to highlight the opening day of the Fasig-Tipton Texas Yearling Sale Monday at Lone Star Park at Grand Prairie near Dallas.

Consignors Work to Improve Image of Auctions

Consignors of 2-year-olds in training banded together in Florida Aug. 24 and formed an organization designed to improve the image of juvenile auctions. In addition, they discussed various issues such as drug testing, the use of whips, and pre-sale workout formats.

Juvenile Sale Changes Possible

Officials of the four major auction firms that sell 2-year-olds in training—Barretts, Fasig-Tipton, Keeneland, and Ocala Breeders' Sales Company (OBS)—all are considering changes in their formats for under tack shows.

$4.2 Million Colt Buoys Record Spa Sale

Fasig-Tipton's annual Saratoga yearling auction ended with plenty of fireworks Thursday night: a Seattle Slew colt whose $4.2 million hammer price was the second-highest in the sale's history; a filly by Hennessy selling for $1.8 million, the highest filly price since the high-flying 1980s; and a final session average of almost $400,000.

Two Yearlings Bring $1 Million at Spa Opener

A colt by A.P. Indy and a filly by Silver Deputy each brought final bids in excess of $1 million during Tuesday night's opening session of the Fasig-Tipton Saratoga yearling sale in Saratoga Springs, N.Y., but the average, median, and gross revenues all were down from the 1999 opener.

Final Fasig-Tipton Numbers Strong

Day two of the Fasig-Tipton Kentucky selected yearlings sale in Lexington, Ky. began with an Unbridled colt, Hip No. 297, shattering Wednesday's top price. As the sale concluded, final numbers were positive with the exception of the number of horses that did not meet their reserve prices.

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