A weanling colt by North America's leading first crop sire, Valid Expectations, brought $60,000 to top the Texas Thoroughbred Association's mixed sale that was conducted by Fasig-Tipton on Sunday. Tom Durant purchased the colt from Roger Daly, agent for the complete dispersal of Kellie Creek Farm.
Produced from the stakes-winning Lord Vancouver mare Vany, the sale topper is a half-brother to Miss Running Vany (by Runaway Groom), who captured the My Dear Girl division of the Florida Stallion Stakes in 1989 and the Miss Florida Handicap in 1990. Miss Running Vany is the dam of stakes winner Running Copelan (by Copelan).
Fasig-Tipton reported that 143 horses were sold for a gross of $534,300, an average of $3,736, and a median of $2,500. The buy-back rate was 25.5%, with 49 of the 192 horses offered failing to find new homes.
The auction was held at Lone Star Park in Grand Prairie, Texas.
In February of this year, Fasig-Tipton conducted another Texas Thoroughbred Association mixed sale at Lone Star that generated a gross of $568,100, an average of $4,001, and a median of $2,700 for the 142 horses sold.