The buy-back rate increased from 15.8% in 2002 to 17.7% this year.
Ha Pa Da, a 5-year-old winning daughter of Wekiva Springs, brought the top price of $35,000 Sunday during Fasig-Tipton Midlantic winter mixed sale in Timonium, Md. Sold in foal to Allen's Prospect, Ha Pa Da was produced from the stakes winning Danzig Connection mare Toots La Mae and is a half-sister to added-money winners Mo Hotta Mo Betta (by Unbridled) and Toots's Tonya (by Mining). Barbara J. Belotti purchased Ha Pa Da from Charlton, agent. Business was down significantly from a year ago. In all, 107 horses were sold for a gross of $474,400, an average of $4,434, and a median of $3,000. Compared to 2002, the gross revenue and average plunged by 47.3% and 39.5%, respectively, and the median dropped by 28.6%.Last year, the 123 horses sold grossed $900,700 and averaged $7,323. The median was $4,200.
