An Empire Maker colt was sold for $320,000 at the Fasig-Tipton Kentucky October Yearling sale, which began Oct. 22 with increases in average and median prices and a low buyback rate.
During the first of two sessions being held at the Lexington sales pavilion, the Empire Maker colt was purchased from the Warrendale Sales consignment by Preston Madden, who bred Kentucky Derby (gr. I) winner and Horse of the Year Alysheba. Warrendale had previously consigned the colt on behalf of Stonewall Farm at this year’s Keeneland September yearling sale but the yearling was bought back for $370,000.
The dark bay or brown colt is the first foal out of the Mr. Greeley mare Nonsuch Bay, whose seven career wins included the grade I Mother Goose Stakes and the grade II Nassau County Breeders’ Cup Handicap. Juddmonte Farms' Empire Maker, who won the Belmont Stakes (gr. I) and ran second in the Kentucky Derby (gr. I), is off to a good start at stud, with a Darley Alcibiades (gr. I) winner Country Star from his first crop to race.
Fasig-Tipton reported 297 yearlings sold for a gross of $5,286,000. The $17,801 average price represented a 27.4% gain over the $13,971 average for the 216 horses that grossed $3,017,800 during the first of three sessions held during the 2006 sale. This year’s opening session median of $10,000 was up 42.8% over the $7,000 median from last year's first session. The 66 horses that did not sell represented a buyback rate of 18.1%, compared with a 30.9% RNA rate last year when 97 horses went unsold.
Boyd Browning, Fasig-Tipton's executive vice president and chief operating officer, said the first session was a solid horse sale with few surprises.
“The sale was good, It was just a solid marketplace with the average and median up and a very low buyback rate,” said Browning, noting that the session-topper was not a surprise. “That was not a shock. That is what a good horse should bring. That was a fair price. He is by a sire who is doing a good job with his first crop.”
The session’s second highest price of $235,000 was paid by agent Buzz Chace for a Fusaichi Pegasus colt out of the stakes-winning Easy Goer mare Sheepscot. The colt was consigned by Crossroads Sales Agency.
The second and final session begins at 10 a.m. Tuesday, Oct. 23.