FT Ky Sale Ends In Decline

Following the trend, the Fasig-Tipton Kentucky fall yearling sale ended in decline.

The three-day Fasig-Tipton Kentucky fall yearling sale at the sale company’s Newtown Paddocks near Lexington ended Oct. 22 with across the board declines.

For three days, Fasig-Tipton reported 533 horses sold for a gross of $7,471,900, to average $13,512. The median was $5,500. The buy-back rate was 35.6%, with 306 horses failing to sell in the ring.

Compared to last year when the sale was only held two days, the number of horses sold dropped 2.3% while the gross fell 29.5%. The average posted a 27.8% decrease and the median dropped 45%.

Topping the third and final session was a $107,000 son of Wildcat Heirout of the Line In The Sand mare Light Line. The colt, named Bojan, was purchased by Elwaleed Mousa from the consignment of Wendy Noel Sales, agent.

Mousa purchased the second-highest priced offering of the second session, spending $260,000 for a son of Dixie Unionfrom the consignment of Middlebrook Farm, agent. Bred in Kentucky by Alexander-Groves Thoroughbreds, the dark bay or brown colt was produced from the Kris S. mare Acanthus and is from the family of champion and grade I winner Althea.

J&J Equine Investment bred Bojan in Florida.

Noel originally purchased the colt for $30,000 at the Ocala Breeders’ Sales Co.’s Winter mixed sale from the consignment of Janie Roper, agent. Noel, with Chateau Farm, then consigned the colt to the Fasig-Tipton Kentucky July yearling sale where he failed to meet his reserve and was bought back for $80,000.

The third session grossed $2,151,600 from the 166 horses sold. The session averaged $12,961 and averaged $5,000. The number of horses not sold was 106.