Horse Racing

October price drop shows improvement across the board

Fasig-Tipton Kentucky’s Fasig-Tipton Kentucky End of Year Sale ended strong, seeing a new top sale at $700,000 Gunman sold to coach Wesley Ward. The last sale of the year ended with a marked increase in all statistics for total sales.

During the last session, Fasig-Tipton reported 292 individuals changed hands 336 under the hammer for a total revenue of $13,751,500, up 5% from 2021. In line with an average price of 47,094 dollars, an increase of 6.8% and an average of $20,000, down 20% from the previous year. Forty-four horses failed to meet their reserves, representing an RNA ratio of 13%.

Boyd Browning Jr., President and CEO of Fasig-Tipton said: “Another notable sale ended tonight. We’re always thrilled when you set total price records. , average and average price”. “Especially considering that 2021 sales have been strong compared to previous years. We are bullish on the market and we know shippers and sellers have backed us with good quality horses. more this year than in the past.The good news is that for many sellers, the October Sale has become the first choice, not the last.Men and women carrying babies Quality horses coming here have been rewarded by bringing horses of great appeal throughout the market.”

On the fourth opening day in 2021, 297 yearbooks were sold out of 332 with a final price of $13,095,900. The median price was $44,094 and an average of $25,000 was recorded. Thirty-five horses failed to meet their reserves, representing an RNA ratio of 10.5%

Cumulative over the past four days, 1,100 aged individuals were sold out of 1,353 through the sale for a total of $55,426,500, up 5.3% from 2021. Average price was $50,388, an increase of 10.4% year-on-year and an average of $25,000, a 13.6% year-over-year increase, was seen. Two hundred and fifty-three horses representing an RNA rate of 18.6% failed to meet their stockpile.

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Boyd Browning, October 2022 Sale for Fasig-Tipton
Photo: Fasig-Tipton Photo

Boyd Browning

“One of the interesting things is when you look at the catalog cover, and you see three horses, and you see a stallion Hot Rod Charlie On the flip side, that’s what makes this a sale buyers can expect to buy horses that can compete next weekend in the Breeders’ Cup and sellers can bring quality horses in. here and get the reward,” Browning said. I think there’s a high degree of trust between both buyers and sellers, and that’s gratifying because I think what’s happened now is that the October Sale has become a market staple. . It gives you real options; We know that not every year has the best day in July, August or September. Breeding from an equestrian point of view, it would be great to have an option at the end of the year for horses that may be immature and may need a little more time. ”

Last year’s total sales figures show 1,153 annuities sold out of 1,358 offered for a final price of $52,607,500, matching the median of $45,627 and the median of $22,000. . Two hundred and five crosses failed to meet their reserves to represent an RNA ratio of 15%.

“Claiborne isn’t too familiar with the October Sale; this year, we’ve got a lot of people craving it,” said Walker Hancock, the top sale seller. “We can only prepare a certain amount at the farm, and we only sell the fingerlings that we raise. We don’t have enough stalls to sell out in September, so we have to pick a few. little for sale here. The first three days haven’t been ‘not as good as today’ for us.”

Claiborne Farms had deposited the dashing-looking girl out of the No More Party on behalf of her breeder Colts Neck Stables Hip 1364. Ward was intrigued by her similarities to the man. make money fast be his millionaire Judy the Beauty and will head towards the teen season of Gun Runner.

“I can only get three horses in September. Everything Ben (McElroy) shows me, I’m excited; we’re going to run into it, and they’re unattainable for my client,” he said. Ward said. “We went higher than we should have with lots of people chasing them there. Only three horses and I’m a 2-year-old boy, I don’t really have anything. I was lucky enough to be bought by Ben for some nice horses for Barbara (Banke) and some other clients in Europe, but I’m not getting anything here in the states I think October Sale is great for me and I’ve got some nice horses.”

Ward was the top buyer on October 27 after spending $700,000 on one of his purchases.

Sales agent Hill ‘n’ Dale sold nine of the 11 horses from their fourth session draft for a total of $1,201,000 and an average of $133,444 to be the top shipper of the series. session.

Scenics, 2022 Fasig-Tipton October Sale
Photo: Fasig-Tipton Photo

Mr. David Anderson, the delivery man of Uncle Mo purchased by Lauren Carlisle for $485,000. “I’ve been lucky enough to do that for a few years now, so I don’t mind bringing the right horse here. I know you’ll get the money, and the Hip 1429 is an example of that.”

DJ Stable wrapped up last year’s final sale of the season, buying 10 annuities for a total of $1,824,000, with an average price of $182,400 to be the lead buyer in terms of sales. sell.

Taylor Made’s sales agency sold 73 of their 100 horses on offer for a total of $5,063,000, with an average price of $69,356, becoming the lead shipper four days after the sale.

All eyes will now be on the Breeders’ Cup World Championship on the weekend of November 4 and 5 at Keenelandahead of Fasig-Tipton’s November Sale, which takes place on November 6, starting at 1 p.m. ET.

Browning added: “I couldn’t be happier; overall, it’s thrilling to build on last year’s success. I hope next year the cover has five main horses on the cover. We going to start looking like hell for some of the graduates at Breeders’ Cup this weekend.”


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