Average Grows 12.6% at F-T Texas Sale

Median price increases 38.9% while buy-back rate falls.

The Fasig-Tipton Texas December mixed sale enjoyed increases of 12.6% in average price and 38.9% in median price Dec. 14 at Lone Star Park. The most expensive horse sold, a Valid Expectations weanling filly, brought $19,000.

Hugh Fitzsimons purchased the bay Texas-bred weanling, which is a full-sister to Valid Message, winner of the Skyy El Joven Stakes at Retama Park and the Sunny’s Halo Stakes at Louisiana Downs in 2008. They are out of the 12-year-old winning Wolf Power mare Templemartin, who is a half-sister to graded winner Freedom Crest (by To Freedom). Freedom Crest captured the Goodwood Breeders’ Cup (gr. II) and San Pasqual (gr. II) Handicaps in 2001.

Will Farish's Lane’s End Texas consigned the weanling Valid Expectations filly for her breeder, Ed Few.

The auction’s final results included a gross of $245,300 for the 74 horses that sold. The average was $3,315, and the median was $2,500. The gross was down 19.9% from 2008, when 104 horses were sold.

The buy-back rate dropped from 46.7% last year to 25.3% this year.