Displaying items by tag: Finney Pavilion

[All photos by Lori Mahan.]

SARATOGA SPRINGS – On Monday, Oct. 16 the Fasig-Tipton Fall Sale took place in the Humphrey S. Finney Pavilion in Saratoga Springs, NY. Out of 236 horses up for sale, 144 horses sold for an average of $22,674, the highest average sale price since 2012, after the sale was reconstituted from a 15-year hiatus. This sale featured a mix of mares, yearlings, and thoroughbreds that were born earlier this year.

Locally owned horses had a strong day. McMahon of Saratoga Thoroughbreds in Saratoga Lake sold 18 horses for $273,000; Chip Landry, operator of Harry L. Landry Bloodstock in Saratoga Springs sold 11 thoroughbreds for $200,000; Christopher Shelli, owner of Fort Christopher’s Thoroughbreds in Fort Edward sold six horses for $199,000.

This sale continued what the August Fasig-Tipton started with an uprise in sales. The Saratoga Select Yearling in August saw an increase of 16.3.

The highest selling horse this year, for $170,000, was born to Into Mischief and Darling Mambo, and was bought by Mahoney Eden Manor & Classic Bloodstock.

Last year, the total for sales was $2,780,600 with the average being $16,955 and the median $8,500, with 164 horses sold. This year, with only 20 more horses sold than the previous year, the numbers were way up. Totaling $3,265,000, average sales were $22,674, and the median was $12,000. 17 horses sold for $1,000, which was the lowest sale price.

Monday’s sale marked a strong 2017 finish for the Fasig-Tipton sales in Saratoga Springs, NY.

[Photo by www.PhotoAndGraphic.com]

SARATOGA SPRINGS – On Monday, Oct. 16 Fasig- Tipton will be hosting the annual Saratoga Fall Sale. The event will take place in the Humphrey S. Finney Pavilion beginning at 10:00 a.m. The sale will be featuring 298 horses on offer. The single sale will begin with hips 1-90 consisting of in-foal mares and racing/broodmare racing prospects, followed by hips 91-280 as weanling horses and hips 281-298 are all yearlings. The full calendar is available online at www.fasigtipton.com.

“We have good quality in this year’s catalog,” said Fasig-Tipton President Boyd Browning.

“There are a number of mares in foal to leading national and regional sires that should draw significant interest. Additionally, this sale has developed into an excellent weanling market – we have nearly 190 weanlings cataloged this year – and the sire power is very good,” Browning said.

Anyone requesting further information is encouraged to contact Evan Ferraro at 859-225-1555.

[Photos provided by www.photoandgraphic.com.] 

SARATOGA SPRINGS - Monday night was the kick off of the annual Fasig-Tipton Auction, taking place at the Finney Pavilion in Saratoga Springs, New York. Many key players stepped out on the first night, Monday August 8, to scope out the yearlings. Drinks were flowing and excitement was in the air as people walked around in their Sunday best to network and find their next winning racehorse. Lots of Saratoga Police Department officers canvassed the area to make sure the event went off without a hitch.

On Monday night, 75 horses sold at an average of $325,667 per horse. Monday night’s total was $24.43 million, with Eric Fein in conjunction with Stonestreet Farm being the top buyer at $1 million for a Denali Stud colt born to Curlin and River’s Prayer. Coming in second was Mike Repole, co-founder of vitaminwater and BodyArmor, partnered with Eclipse Thoroughbred Partners, claiming a colt bred from Medaglia D’Oro and Rigoletta from Gainesway for $900,000. Repole purchased another yearling, this one sired by Curlin and Quippery,  also from Gainesway, for $400,000. In total, Repole spent $1.3 million.

Of 112 horses up for sale, 17 were not sold, 16 were “out,” which is to say the consignor removed the horse from the sale, and 75 were sold. The lowest sale of the night went to Kings Equine for a colt produced by Shanghai Bobby and True Kiss for $50,000, this colt was consigned by Taylor Made Farm.

On Tuesday night the excitement was still overflowing at Finney Pavilion. Buyers had not lost their steam as the night rounded to $28.57 million total with 81 horses selling at an average of $352,716 per horse. 21 horses were not sold and 13 horses were out. Kerri Radcliffe, the racing manager for Phoenix Thoroughbreds, was the top buyer Tuesday night. Radcliffe purchased a filly sired by Orb and Flashy American for $1 million. The lowest sale of the night went to Kings Equine again and was $75,000 for a colt produced by Exchange Rate and Diamondesque, this colt was consigned by Taylor Made Farm.

The “Five to Watch” hips, according to the Paulick Report, were hips number 135, 150, 162, 205, and 207. Hips 135 and 207 were surprisingly not sold, and the remaining three hips were sold at very low prices. Hip 150 sold for $475,000, hip 162 sold for $400,000, and hip 205 only sold for $350,000.

Overall, the auction sales were up by 11% in average sales on Monday and Tuesday’s auction saw an average increase of 20% from last year. In total for both nights, $52,995,000 changed hands.

The auction is open to the public for free with many spectators coming just to people and horse watch. The auditorium is set up for the horses’ benefit, green carpeting to match a pasture and fence like ropes to simulate an arena. Televisions are also set up outside of the auction hall so people can watch the auction while remaining outside by the stables, a live stream also takes place on the Fasig-Tipton website. A huge photo of Secretariat is hung in the high rollers balcony, looming over the bidders to remind them that it takes money to make money.