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Buybacks Down at F-T Sale; Average Drops

Buybacks Down at F-T Sale; Average Drops

Tackling the biggest financial crisis since the Great Depression, Fasig-Tipton's Florida select sale of 2-year-olds in training suffered some bumps and bruises, but also scored a couple of minor victories. The number of horses sold rose from a year ago while the buy-back rate declined. Meanwhile, the gross revenue fell 25.5% and the average price dropped 31.5%. The median price was down 34.8%.

Florida Consignor Scanlon Dead

Robert N. Scanlon, a perennial leading 2-year-old sale consignor and operator of the Scanlon Training Center near Williston, Fla., passed away Oct. 13.

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