The 2008 Fasig-Tipton Kentucky fall yearling sale suffered across the board declines in its opening session Oct. 20 at the sale company’s Newtown Paddocks near Lexington.
Fasig-Tipton reported 182 yearlings sold for $2,173,100, to average $11,940. The median was $5,000.
Compared to last year the number of horses sold dropped 38.7% while the gross fell 58.9%. The average and median fell 32.9% and 50%, respectively.
The opening session of the 2007 sale saw 297 horses sold to gross $5,286,800. The average was $17,801 and the median was $10,000.
The top-priced offering in the first session of the 2008 sale was a $115,000 daughter of Grand Slamout of the Deputy Minister mare Pout. The dark bay or brown filly was purchased by Sunrise Stable South from the consignment of Gainesway, agent.
Bred in Kentucky by Paragon Farm, the filly was originally purchased by BG Stables for $140,000 at the 2007 Keeneland November mixed sale. She was then consigned by Gainesway, agent, to the 2008 Keeneland September yearling sale where she failed to meet her reserve and was bought back for $145,000.
The top-priced colt was a son of Forest Wildcatpurchased for $100,000 by P. Miller, agent for Darkside. The chestnut colt was consigned by Baccari Bloodstock, agent.
Bred in Kentucky by Fred W. Hertrich, the colt is the first foal out of the Mazel Trick mare Mazel Tov Betty and is from the family of stakes winners Somethinaboutbetty and Petunia.
The colt was purchased by Reata Thoroughbred Farm for $53,000 at the 2007 Keeneland November mixed sale from the consignment of Taylor Made Sales Agency, agent.
The second session of the three-day sale begins at 10 a.m.