More of the same. That's what Fasig-Tipton executive Boyd Browning is predicting for the company's Saratoga select yearling sale, which begins its three-night run Tuesday in New York.
Expectations are running high for the yearling selling season, which kicks off Monday in Central Kentucky with Fasig-Tipton's July auction.
The 2-year-old in training sales market that has been rolling like a steam roller through 2004 will hit the Fasig-Tipton Midlantic sale grounds at Timonium when the two-day sale gets underway on May 17 and concludes May 18. Both sessions begin at 10 a.m.
Following the Ocala Breeders' Sales Company's grand slam season opener, Fasig-Tipton steps to the plate next Tuesday, Feb. 24, for its sale of 2-year-olds in training at Calder Race Course in South Florida.
A daughter of Deputy Minister led the closing session of the two-day Fasig-Tipton Kentucky Winter Mixed sale at the auction company's Newtown Paddocks. Graham J. Beck's Gainesway Farm purchased the mare for $180,000 from the Hill 'n' Dale Sales Agency consignment of 200 mares from the estate of the late John Franks.
Garden Dance, a multiple stakes-placed daughter of El Prado, was sold for $59,000 to top Monday's Fasig-Tipton Midlantic winter mixed sale at the Maryland State Fairgrounds in Timonium.
Fasig-Tipton has catalogued 301 horses for its Florida select sale of 2-year-olds in training, which is scheduled for Feb. 24 at Calder Race Course.
The yearling market continued to hold strong as the 2003 Fasig-Tipton Fall yearling sale concluded Tuesday night at the sale company's Newtown Paddocks in Lexington, Ky. with across the board gains in each category.
The Fasig-Tipton Midlantic Eastern fall yearling sale closed out its two-day run in Maryland Tuesday with a 9.5% increase in average price as the top of the market strengthened.
Will the top of the yearling market rebound from last year's major adjustment downward or will it suffer more setbacks? We'll start getting some answers Tuesday when the Fasig-Tipton Saratoga select yearling sale opens its three-night run in New York.
Fasig-Kentucky's July yearling sale experienced downturns in its two-day run that ended Thursday in Lexington. But auction company officials were satisfied with the results.
The Fasig-Tipton Kentucky July yearling auction produced an $800,000 filly Wednesday during its opening session in Lexington, surpassing last year's highest price of $700,000.
Nominations for Fasig-Tipton's Kentucky July select, Saratoga select, and New York-bred preferred yearling sales were "comparable" to last year's figures as of March 12, according to Fasig-Tipton executive Boyd Browning.
Hopes are not running high among consignors and sale company officials going into the Keeneland November breeding stock sale, which kicks off its 10-day run Monday. But the mood in Central Kentucky is not gloom and doom either.
The Fasig-Tipton Summer Texas yearling sale got off to a slow start Monday with 129 horses selling for an average of $10,373 and a median of $5,000.
The final session of the Fasig-Tipton Saratoga yearling auction saw further declines in gross and average for the third straight session in Saratoga Springs, N.Y., and overall the sale's average fell 34.7% from last year's record mark.
The Saratoga select yearling sale has enjoyed one of the most impressive business upswings in the Thoroughbred auction business.But the fireworks at the top of the market might not be as spectacular this year.
TVG announced that the network will be airing the under tack show for the Fasig-Tipton selected 2-year-olds in training sale from Calder Race Course in Miami, Fla.
The annual sale of broodmares from Frank Stronach's Adena Springs Farm was held at Fasig-Tipton Kentucky Thursday night, with the top price of $225,000 paid by J. S. McDonald for Twist a Lime, a 9-year-old Copelan mare in foal to Touch Gold.
Second-day momentum at Fasig-Tipton's Kentucky October yearling sale helped deliver some statistical gains over last year's significantly larger edition.
Uncertainty stemming from mare reproductive loss syndrome, and the subsequent moratorium on prospective foal insurance that has been in effect since early May, are expected to impact the no-guarantee stallion-season market in 2002.
Beginning with its July sale, Fasig-Tipton Company will offer consignors the opportunity to contribute to organizations benefiting retired racehorses through its Blue Horse Charities.
"Just when you think it can't get much worse, it got worse," said Boyd Browning, executive vice president and chief operating officer of Fasig-Tipton, on Feb. 5. Browning was discussing complications involving the pending sale of 89 horses repossessed by Fasig-Tipton and Keeneland from the Maryland mystery buyer, Bernice L. Givens Sykes, who signed tickets for nearly $700,000 for 134 horses at the Keeneland November and Fasig-Tipton Midlantic December mixed sale and then failed to pay for them.
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