By Shelby O’Neill
It didn’t take long for a horse to hit the six-figure mark at the Fasig-Tipton Texas 2-Year-Olds in Training Sale on April 5. A $105,000 bid won hip 16, a Louisiana-bred Salute the Sarge colt consigned by bloodstock agent Robert Brewer.
Less than an hour later, another offering, this time hip 40, a Closing Argument filly that had clocked the fastest quarter-mile during the April 2 under-tack show, earned the exact same bid, giving Brewer a true daily double and the distinction of leading consignor.
“I was pleased with the prices, and they brought about what I thought,” Brewer said of consigning the two sale-toppers.
Another man pleased with the prices was Tim Boyce, director of sales for Fasig-Tipton Texas.
“It felt like we had a horse sale here,” Boyce said. “Overall, it seemed like a pretty vibrant sale. The way racing is here in Texas, to almost hold steady on the average and the median is not too bad. I was a little surprised at the number of buy-backs, so maybe some consignors just had higher expectations on those horses.”
The sale grossed a total of $1,575,100 from 80 horses sold. In comparison, the 2011 edition of the sale saw 98 horses purchased for a gross of $2,065,800. Much of that gross difference can be attributed to a spike in the buy-back rate, which climbed from 34.7% to 48.8% with 39 horses unsold at the end of the day.
The average dipped 6.6%, falling to $19,689 from $21,080, while the median also experienced a nearly identical drop of 6.7% to $14,000 from $15,000 the prior year.
The two horses that topped the sale at $105,000 ended up being the only ones to crack six-figures. The next highest seller, hip 64, a Student Council filly, went for $65,000.
Coming into the sale, the Closing Argument filly had taken the spotlight after putting in a speedy quarter-mile work of :21 3/5, the fastest at that distance, against a strong headwind at the breeze show. Out of a stakes-placed Northern Prospect mare, the Louisiana-bred bay filly is a half-sister to four winners and went home to the barn of buyer Brad Grady.
In addition to his standout Closing Argument filly, Brewer also had faith in his other sale-topping consignee.
“I figured he’d go for around $100,000,” he said. “He got a lot of action around the barn. He galloped out real well.”
The Salute the Sarge colt, who is a out of a Carr de Naskra mare that has produced two multiple stakes winners from five starters, had clocked a :10 2/5 work during the gallop show.
The dark bay or brown colt hails from the first crop of multiple graded stakes winner and grade I-placed sire. Although Hebert Bloodstock signed the sale ticket as agent, the purchase was made by Michel Moreno’s Southern Equine Stables, the operation that had also raced Salute the Sarge and now stands him at Red River Farms near Coushatta, La.