Friday, 16 August 2013 10:23

New York-Bred Sales Climb, New Record Set

By Staff Report | Sports

SARATOGA SPRINGS — This past weekend’s closing sessions of the 2013 Fasig-Tipton NewYork-bred preferred yearling sale witnessed a record-setting $430,000 yearling.

Through the closing session on August 11, the sales included 43 horses sold for $100,000 horses or more. Last year that number was 23.

Cumulative totals were also up from last year, climbing to 65 percent from 2012. There were 196 horses sold for a total of $14,206,000 in 2013. Last year there were 138 horses sold for $8,632,000. The average also rose 16 percent to $72,480 compared to 2012’s $62,551, while the median also rose 10 percent to $55,000 from $50,000.

This year, 67 horses did not sell compared to 85 in 2012.

The sale-topper was purchased on night No. 2 by Cobra Farms’ Gary Biszantz, who is now the owner of a bay daughter of Tapit consigned by Gainesway and bred by Marbat out of the More Than Ready mare Miss Challenge. 

The previous record for a New York-bred sold at the Saratoga sale was $360,000 when Buzz Chace purchased Big Boyd in 1999.

The record-setting filly was actually accepted to the August 5-6 Saratoga selected yearling sale, but was held out and placed in the New York-bred sale.

The second highest yearling was bought by Everett Dobson of Cheyenne Stable. Dobson signed Hip No. 392, a Speightstown filly bred by Lawrence Goichman out of the Chief’s Crown mare My Reem, for $300,000.

Hip No. 207, a War Front filly purchased by Steve Young during Session I was tied for the highest-priced yearling overall.

The final session itself featured 101 yearlings sold for a gross of $7,778,500, which was up 56 percent from the second night last year ($4,975,000). The mean rose 14.6 percent, the median was up 19.6 percent and the buy-back rate dropped to 22 percent compared to last year’s 33 percent.

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