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. Each juvenile sold privately will be identified on the auction's summary sheets using the designation (PS), which stands for private sale. The prices of the private sales will be included in the auction’s final statistics.
Fasig-Tipton decided to report private sales because including them in an auction’s statistics “more accurately reflects trade at a sale,” said Dan Pride, the company’s executive vice president and chief operating officer.
The transactions that will be included in the statistics are ones that take place up to the end of the sale and are processed by the Fasig-Tipton office.
Fasig-Tipton also will comply with Florida law and later update its statistics to show horses that were bought back by their consignors.