Breeding

Fasig-Tipton's Midlantic sale posted an increase in average sale price

Details: December 11, 2022; By Staff Writers

TIMONIUM, Md.--Thoroughbred sales both in this country and abroad have enjoyed a spectacular year in 2022, with all but one sale in this country setting record after record, and yet another, the Midlantic December Mixed & Horses of Racing Age sale on Dec. 6, also posted an increase in average over last year’s edition.

Fasig Dec. sale Fasig-Tiptpn Dec. sale topperNot only did the average increase, but the $260,000 sale topper was the second most expensive offering since the sale began offering a horses of racing age supplement in 2018.

Radical Right (Hip 281), second in the City of Laurel Stakes at Laurel on Nov. 26, topped the sale when sold for $260,000 to Tom Kagele from the consignment of Northview Stallion Station (David Wade), agent.

Supplemented to the Horses of Racing Age portion of the catalogue after his first stakes placing, Radical Right is a 3-year-old son of First Samurai out of the Sky Mesa mare Emily with a lifetime record of three wins, six seconds, and three thirds from 15 starts and earnings of $179,100.

Heldish (Hip 243), a multiple stakes placed winner this year at 2, sold for $160,000 to trainer Michael Maker from the consignment of GreenMount Farm, agent.

By Great Notion, Maryland’s leading sire since 2017, out of the winning Street Sense mare Everything Magic, the 2-year-old colt finished second in the Maryland Million Stakes at Laurel on Oct. 22 and third in the James F. Lewis III Stakes a tLaurel on Nov.12 with a career record of one win, three seconds, and two thirds, and he has never been off the board in five total starts and earnings of $92,900 to date.

Maryland-bred Heldish was purchased for $40,000 from the consignment of Becky Davis, agent, at last year’s Midlantic Fall Yearlings sale.

Fasig-Tipton Breeding Stock sale grossed $100 million

Details: November 17, 2022; By Staff Writers

LEXINGTON, Ky.--Fasig-Tipton's single session selected breeding stock auction on Sunday, Nov. 6, for the second consecutive year, grossed more than $100,000,000.

Hip289Gamine11 22FTK Hip 289, GamineThirty-one horses sold for $1,000,000 or more over the course of the single session, including 10 which sold for $2,000,000 or more.

Eclipse Champion Gamine (Hip 289), offered carrying her first foal by Quality Road, topped the sale when sold for $7,000,000 to Coolmore’s M.V. Magnier from the consignment of Hill ‘n’ Dale at Xalapa, agent.

A 5-year-old daughter of three-time Leading Sire Into Mischief, Gamine set records on and off the track.

In May of 2019, Gamine set a then-record for most expensive 2-year-old Thoroughbred sold at public auction in the state of Maryland when sold for $1,800,000 at the Midlantic Two-Year-Olds in Training sale.

Eighteen months later, she blazed a new track record in the Breeders’ Cup Filly & Mare Sprint, covering 7 furlongs in 1:20.20 to defeat older fillies and mares by 6 ¼ lengths as she pleased.

A nine-time winner in 11 career starts, Gamine scored seven times in graded stakes company, including in addition to her Breeders’ Cup victory: an 18 ¾-length victory in the G1 Acorn Stakes in her stakes debut at 3; a 7-length win in the G1 Test Stakes; and victories in the G1 Derby City Distaff Stakes and G1 Ballerina Handicap last year at 4.

She earned $1,771,500 on the track for owner Michael Lund Petersen and was named Eclipse Champion Female Sprinter at 3 in 2020.

Fasig-Tipton's October Yearlings sale set new records

Details: November 15, 2022; By Staff Writers

LEXINGTON, Ky.--Fasig-Tipton's Kentucky October Yearlings sale concluded Thursday, Oct. 27 with new sale records for gross, average and median.

Fasig Oct. sale Filly by Gun RunnerEvery sale but one in 2022 has established new records, and that sale in Timonium was plagued by terrible weather and the loss of buyers from Florida due to a hurricane.

A filly by leading second-crop sire Gun Runner (Hip 1364) topped the final session and sale when sold for $700,000 to Wesley Ward from the consignment of Claiborne Farm, agent.

The chestnut filly is the second foal out of the Speightstown mare No More Parties, an unraced full sister to Grade 1 winner Force the Pass.

The filly hails from the immediate family of Grade 1 winners Perfect Drift and Wonder Wheel and was bred in Kentucky by Colts Neck Stables.

She was the third most expensive filly ever sold at the Kentucky October Yearlings sale.

“Another remarkable sale concluded tonight,” said Fasig-Tipton President Boyd Browning. “We were optimistic coming in because we knew the consignors and sellers had supported us with better quality horses than in the past. It’s thrilling to set records for gross, average and median, particularly considering the 2021 sale had such a dramatic increase from prior years as well.”

Cold, rainy weather hurt the Fasig-Tipton Midlantic Fall Yearling sale

Details: October 6, 2022; By Staff Writers

TIMONIUM,Md,--Fasig-Tipton's Midlantic Fall Yearlings sale, Oct, 3,4, was down from previous years, with the average dropping from $29,578 to $26,597, and the median dropping from $20,000 to $15,000, while 79 of the 386 yearlings not sold this year as opposed to 75 of 381 not sold last year.

Fasig Tipton sales toppers The sale certainly suffered from the rain from hurricane Ian that reached Maryland and Pennsylvania on Friday and hung on for five days.

"The weather didn't help us any," said Marshall Silverman, who sold a large number of yearlings as agent.

Rain began the Friday before the sale,and it poured Saturday and Sunday, while also being unseasonably cold, meaning it was very difficult for people to assess the yearlings before the sale.

It also poured on both days of the sale, meaning a lot of people didn't go to the sale.

"There were a lot of people who are usually at these sales who weren't here," said Silverman. "Plus, with the hurricane in Florida, people couldn't get flights."

"The good horses by Kentucky sires sold well," said Silverman. "The horses by a good sire out of a young mare with some pedigree sold well."

Fasig-Tipton's New York bred sale breaks all records, may bode well for Timonium

Details: August 16, 2022; By SARA CAVANAGH

SARATOGA SPRINGS, N.Y.--Fasig-Tipton's New York Bred Yearling Sale broke all records on Aug.15, with its sales gross of $20,175,000 eclipsing by nine percent the previous high.

Fasig Tipton N.Y. bred Fasig-Tipton N.Y. bred sales topperThe record breaking New York sale followed a week after the record breaking Selected Yearling sale.

“Saratoga is a magical place,” said Boyd Browning, Fasig-Tipton president and CEO, reflecting on both the Saratoga Sale and New York Bred Yearlings. “It restores and invigorates the hope, the enthusiasm, and the love that we all have for the game.”

Pennsylvania and Maryland breeders are hoping the excitement generated by the two Saratoga sales will carry over to the Fasig-Tipton Midlantic Fall Yearling sale, Oct. 3,4 in Timonium, Md.

"Certainly, there’s market confidence and momentum that’s been created throughout the July and Saratoga sales, and it bodes well, I think, for the overall marketplace this year," said Browning.”

Saratoga Sale's huge first day, with four selling for a $1 million or more

Details: August 9, 2022; By SARA CAVANAGH

SARATOGA SPRINGS, N.Y.--Fasig-Tipton's opening session of its Selected Yearlings Sale on Aug. 8 broke all records, including selling four yearlings for over $1 million.

68 Uncle Mo article Sales topper Uncle Mo colt (Photo by Fasig-Tipton)One of those was a Pa-bred, bred by Blackstone Farm, hip number 78 by Justify out of Slews Golden Rule, by Landfuhr, consigned by Warrendale Sales and bought by M.V. Magnier for $1.1 Million.

Roy and Gretchen Jackson's Lael Farm of Unionville, Pa., bought two fillies, hip 71, by Vino Russo out of Shaken, by Uncle Mo, for $550,000, and hip 86, by Flatter out of Splash Hit, by Flower Alley for $375,000.

David Wade, agent, had two bred by Northview Stallion Station of Chesapeake City, Md., go through the ring Monday evening, with hip 31, a filly by Mendelssohn out of Munny Spunt, by Munnings, bred in Kentucky, selling or $425,00 to Ken McPeek, agent fo Walking L. Thor, while hip 90, a colt by Bernardini was not sold, having not met his reserve of $135,000.

"You know what, I don’t do that very often, but I felt good. I felt good yesterday," said Boyd Browning, Fasig-Tipton President and Chief Executive Officer. "I feel good tonight and I think I’m going to feel good tomorrow night at this same time."

Record sale in Maryland as Bernardini colt sells for over $3.5 million

Details: May 25, 2022; By Staff Writers

TIMONIUM, Md--A new record price for a thoroughbred sold in Maryland was set at the Fasig-Tipton two-year-olds in training sale at Timonium when a Bernardini colt sold for $3,550,000.

Hip 385 Hip 385This was almost double the previous highest sale in the state.

The 2022 Midlantic Two-Year-Olds in Training sale ended Tuesday in Timonium with an exciting day of sales, featuring early fireworks and robust trade throughout.

But like all sales of late, there seems to be no price too high for the top of the market, but there is little or no interest in the lower part.

"Everyone was there for the big gun horses," said Marshall Silverman, an agent. "There were a lot of nice horses in the sale.But a lot of horses should have sold for more than they did. Overall, it was a good sale, but a lot of people didn't have a good sale.

"I had eight horses at the sale, and I sold one through the ring. Two others I sold after the sale. A couple of the owners race horses, so they kept theirs to race.

"Bernardini was just crazy money," said Silverman. "When you get two people on a horse they just get into a bidding match. Baffert was at the sale, and a lot of out of town trainers. But there were a lot of trainers that I thought would be there that weren't. But it was overall a good sale. People were pumped."

Strong support for first crop sires at Timonium sales on opening day; record $3.5 million sale on day two

Details: May 24, 2022; By Staff Writers

TIMONIUM, Md.--The 2022 Midlantic Two-Year-Olds in Training sale opened Monday in Timonium with strong trade and enthusiastic support for first-crop sires.

Hip88 web Hip 88 sold for $725,000The big news of the sale was the record setting sale of a Bernadini colt for $3,550,000 on the second day of the sale. Complete story on the second day sales tomorrow.

The top Pa-bred on the first day of the sale, hip 280, was sold for $525,000 and was a colt that was bred in Pennsylvania by Blackstone Farm.

Five of the top 10 sold during the opening session were from their sire's first crop of two-year-olds.

The gross and average were comparable to last year's first session, while the median rose more than 11 percent over the same period.

Donato Lanni, agent for Michael Lund Petersen, paid $725,000 to buy the session topper, a filly from the first crop of the G1 Haskell Invitational Stakes winner Girvin.

Consigned as Hip 88 by Paul Sharp, agent, the bay filly worked an eighth in 10.1 during the Tuesday session of the under tack show.

Dam Sweet Pistol, by Smart Strike, has already produced a winning filly in Kirtan, who is by Cairo Prince.

Sweet Pistol is out of multiple Grade 2 winner Pomeroys Pistol, making her a half-sister to Los Alamitos Futurity winner Thousand Words.

Hip 88 was bred in Kentucky by Brereton C. Jones.

Bet Racing purchased the filly for $90,000 at last year's July Sale, where she was consigned by her breeder as Airdrie Stud.

Fasig-Tipton Ky. sale delayed due to weather

Details: February 2, 2022; By SARA CAVANAGH

LEXINGTON, Ky.--Due to the ice storm currently forecasted for Lexington, Ky., Fasig-Tipton officials are pushing back the start date of next week’s Kentucky Winter Mixed Sale to Tuesday, Feb. 8.

Fasig Tiptpn nov The two-day auction was originally scheduled to take place on Monday and Tuesday, Feb.7 and 8, but will now be held on Tuesday and Wednesday, Feb.8 and 9.

Hips 1-300 will now be offered in the Tuesday session. Hips 301 – through the supplement (which currently goes through hip 606), will be offered on Wednesday. Both sessions will begin at 10 am.

“Our area is currently under an Ice Storm Warning from tomorrow morning through Friday morning, and in the interests of safety we have decided to push the sale back by one day,” said Fasig-Tipton President Boyd Browning. “This will ensure that horses and sale participants will have ample time to arrive on the sales grounds and begin inspections when conditions are safe to do so.”

For further information:
Evan Ferraro
(859)255-1555

The Fasig-Tipton Midlantic Yearling Sale set sales records and pleased consignors.

Details: October 8, 2021; By SARA CAVANAGH

TIMONIUM, Md.--The Fasig-Tipton Midlantic Fall Yearlings sale, Oct. 5,6, resulted in new all-time sale records in average and median.

Mendelsohn Fasig Tipton The sales topper by Mendelsohn at the Fasig-Tipton Timonium Yearling sale"It was a good sale," said Marshall Silveman, who, as agent, had consigned 61 horses to the sale. "For me, the middle market was good. People need horses. The foal crop was down, and horses are bringing 20 to 25 percent more than they would have if the foal crop had been bigger. All the sales have been good."

"The purses now are great, and breeders awards are great," said Silverman. "Fasig-Tipton did a good job with this sale."

"It was a very strong sale in the middle market," said Cynthia McGinnes, whose Thornmar Farm sold 18 horses." For regional people, there were a lot of Maryland trainers buying horses, and I think that is because of the Maryland Development Bonus."

The development bonus rewards any person who buys a horses that has not run in Maryland, and owns that horse when it runs in its first Maryland race.

Thereafter, for the rest of that horse's career, any time that horse places first, second or third in a Maryland race, no matter who owns it, that buyer will receive an award of 15 percent of the purse.

"Dale Capuano, one of Maryland's top trainers, said, `Buying a Md-bred is like getting a 30 percent discount because of the 15 percent owner's bonus and the 15 percent developer bonus,'" said McGinnes.

"One buyer said said gave him a better incentive to buy because even if a horse got claimed he'd still have an interest in following it because he'd still get money if the horse placed in a Maryland race," said McGinnes.

"The market for horses selling from $15,000 to $40,000 was strong, and that market usually is not strong," McGinnes said. "That helps regional stallions. I was encouraged. We sold 18 horses, and 14 went to Maryland or Virginia trainers, who will probably run in Maryland."

Fasig-Tipton's Saratoga Select Sale 4th best in history of sale

Details: August 13, 2021; By SARA CAVANAGH

SARATOGA SPRINGS, N.Y.--Fasig-Tipton's Saratoga Selected Yearling Sales on Aug., 9, 10, ended with a blow-out sale on the closing night, making it the fourth best sale in Saratoga that Fasig-Tipton has ever had.

Pa-breds, particularly five consigned by Blackstone Farm of Pine Grove, Pa., did very well, and two other yearlings with close ties to black type Pa-breds also sold well.

Fassig Tipton 2.6 million sale Fasig-Tiptpn's $2.6 million sales topperPresident and CO Boyd Browning Jr. was euphoric following the Tuesday evening sale.

“We felt the magic of Saratoga tonight,” said Browning. “Whatever adjectives you want to use to describe, fantastic, vibrant, energetic, dramatic, we all felt it tonight. You’ve heard me say it before and I’ll say it again, it all begins with the quality of horses on the sales grounds. We were lucky to have an exceptional group of horses on the grounds this week. You could feel the buzz growing on the sales grounds. Just the way the horses fell, we had a few more breakout horses tonight. The four seven-figure breakout yearlings, including Hip. 73, the colt by Uncle Mo who brought $1.6 million Monday night, were joined by six that sold for $800,000 or more. Overall, 37 sold for $500,000 or
more."

“All in all, it was near record sale in every statistical evaluation, said Browning. "To accomplish that coming off of the disruption of 2020, it’s remarkable. It takes the support of the buyers and it takes the support of the sellers. It starts with the sellers. There’s no chicken and egg in the horse sales business, it all starts with consignors giving you the opportunity to offer quality product. If you offer quality product the buyers will embrace what you’re trying to do. We were very fortunate to have a very, very strong catalog, with very good individuals we’ve worked hard to select and cultivate. I couldn’t be happier right now. It’s a special place. If it wasn’t the sale of the century it was awfully close to it."

Fasig-Tipton Two-Year-Olds in Training sale sets records

Details: May 22, 2021; By SARA CAVANAGH

TIMONIUM, Md.--Fasig-Tipton's Midlantic two-year-olds in training sale, May 17-18, saw record breaking sales, including over 30 percent of the youngsters selling for $100,000 or more.

Fasig tiptonHip211 "It was a great sale," said Marshall Silverman of New Freedom, Pa.,, who,, as agent, sold six. "Fasig-Tipton did a great job. There was plenty of money there. It was a super, super sale. There was a low RNA.

RNA means reserve not achieved, which means the horse didn't sell.

Silverman said the sale bodes well for future sales.

"A lot of people did pretty well," said Silverman. "That means they'll have to reinvest that money or Uncle Sam will take it. I look forward to the yearling sale this fall to be a good sale. I have about 50 going to that sale."

The Fasig-Tipton Midlantic Fall Yearling sale is scheduled for Oct. 4-5.

Silverman said he was overall pleased with the way his sales went.

"I thought a couple could have brought a little more, but in general they all brought about what they were worth," said Silverman, who sold a colt by Unified for $150,00 with the rest of his sales averaging in the $50,000 area.

Pa. and Md. have increase in mares bred

Details: November 25, 2020; By SARA CAVANAGH

The Jockey Club Report of Mares Bred showed that of the top 10 states and provinces ranked by number of mares bred, Pennsylvania and Maryland were two of only four states with an increase in 2020.

Pennsylvania is up 7 percent, and Maryland is up 3.3 percent while most of the rest of the country is down.

In addition, Pennsylvania is up 32.1 percent in number of stallions standing in the state and is one of only two states where the number of stallions standing has increased.

PA mare report

Larry Karp, who foals at Sylmar Farm in Christiana, wins Pa. and National Small Breeder of the Year

Details: November 14, 2020; By SARA CAVANAGH

CHRISTIANA, Pa.--Larry Karp, who keeps all his mares at Betsy Houghton's Sylmar Farm in Christiana and foals them there, won the Thoroughbred Owner and Breeders Association’s State Breeder of the Year for Pennsylvania, and also the National Small Breeder of the Year.

Sylmar Farm“I wasn’t surprised about getting it for Pennsylvania, because my mare Mirth and her foal took all the awards here,” said Karp, 77 of Plano, Texas. “I got five awards from the state this year. But to get it nationally really blew me away.”

Betsy's son Bernie trains all Karp's racehorses.

"I've been training for Larry for about eight years," said Houghton. "Carl McEntee, who used to run Northview Stallion Station, is a good friend of mine. Larry's previous trainer retired, and he told Carl he was looking for a new trainer. Carl introduced me to him, and we've been together since."

"The first mare he sent me was Bound," said Houghton.

Bound won eight times, including three stakes, as second four times and third three times from 23 starts with earnings of $419,174.

It was Karp's purchase of the mare Di's Delight for $55,000 in 2011 that eventually led to his collecting all the Breeder's awards.

Monomoy Girl sale sets sales record and is to return to racing

Details: November 11, 2020; By SARA CAVANAGH

LEXINGTON, Ky.--Spendthrift Farm had a huge weekend as the farm bought both Monomoy Girl for $9.5 million and Bast for $4.2 million among the four seven-figure mares it purchased, as well as announcing that Kentucky Derby and Breeders’ Cup Classic winner Authentic has retired to stand at stud at Spendthrift.

Monomoy Girl (Poto by Fasig-Tipton)The weekend also proved a boon to racing fans as both Monomoy Girl and Got Stormy, bought at the Fasig-Tipton Sale, and Tiz the Law, the Belmont and Travers Stakes winner, will return to racing in 2021.

Tiz the Law finished sixth in the Breeder's Cup Classic after being trapped inside on the rail until the stretch and is trained by former steeplechase jockey Barclay Tagg.

The Fasig-Tipton sale on Nov. 8 at Newtown Paddocks in Lexington featured a selection of leading racing and/or broodmare prospects, broodmares and weanlings.

The sale posted its second highest gross of all time, led by five fillies and mares sold for $4,000,000 or more, and set a world record for a racing/broodmare prospect sold at public auction.

Two-time G1 Breeders' Cup Distaff winner Monomoy Girl topped the sale when sold for $9,500,000 to Spendthrift Farm from the consignment of ELiTE, agent.

The price set a world record for racing/broodmare prospect sold at public auction and tied for the third highest price ever realized at The November Sale, set in 2017 by Songbird.

Pa-bred tops Fasig-Tipton Oct. mid-Atlantic sale

Details: November 5, 2020; By Staff Writers

TIMONIUM, Md.--A Pa-bred colt by Gun Runner topped Fasig-Tipton's Midlantic Fall Yearlings sale held Oct. 5 and 6 in Timonium, while a number of other Pa-breds also sold well.

Fasig Tipton Gun Runner colt Gun Runner colt, hip 371, selling at the Fasig-Tipton Yearling sale at TimoniumThe Midlantic Fall Yearlings sale concluded with figures on par with the 2019 renewal, with eight of the top 10 prices paid for yearlings bred in Pennsylvania, Maryland, and New York.

Hip 371, a colt from the first crop of G1 World Cup winner Gun Runner, sold for $270,000 during Tuesday's session to top the sale.

The chestnut colt was purchased by Lambe Bloodstock from the consignment of Becky Davis, agent.

Hip 371 is out of Stormy Tak, a daughter of multiple G1 winner and millionaire Lady Tak, making her a half-sister to Melody Lady, dam of this year's G1 Alfred G. Vanderbilt winner Volatile, and the colt was bred in Pennsylvania by Jon A Marshall.

The chestnut colt is a half-brother to three winners.

Lady Tak earned $1,160,782 while winning the Test and Ballerina, both Grade 1 sprints at Saratoga, and five other stakes.

The colt is one of three foals bred in Pennsylvania by Marshall out of Stormy Tak, the first her current 2-year-old filly by Point of Entry named Tak E Lady who is unplaced in two starts, and a colt by Cross Traffic foaled this past May.

The Gun Runner yearling went to the sale as Delaware certified, Virginia certified, Breeders’ Cup nominated and a registered Pennsylvania-bred.