The yearling gross sales season concluded with a record-breaking Fasig-Tipton Kentucky October Yearlings Sale Oct. 24. The gross and common surpassed the earlier file set in 2022.
The sale produced a gross of $58,585,500, together with personal gross sales, from 1,123 head bought, with a mean of $52,169. The median was $20,000, the fourth-highest median within the historical past of the sale based on Fasig-Tipton. A 17% RNA charge represented the 229 horses who failed to satisfy their reserve, making it the bottom RNA charge since 2013 when it was 16.2%.
There have been 185 yearlings bought for $100,000 or extra over the four-day sale, up from the 156 bought in 2022.
“There was actually exercise all over, from the very first horse within the ring to the final horse within the ring,” stated Boyd Browning Jr., president and CEO of Fasig-Tipton. “Very, very broad participation. I am ecstatic with the outcomes of those 4 days.
“The consignors proceed to carry us a higher-quality horse every 12 months, as mirrored in these outcomes and statistics. I might positive sit up for some very profitable graduates from the sale this 12 months. So all in all, someplace between thrilled and ecstatic.”
The earlier file set in 2022 produced a gross of $55,426,500, together with personal gross sales, and a mean of $50,388. The median was $25,000.
“I feel it is in all probability higher than we had thought going into the 12 months,” stated Browning on the yearling market. “The resiliency of our market is fairly wonderful. However, I additionally assume it displays some elevated confidence in sure areas and sure areas. Purses are very, superb in various main racing jurisdictions, and we see some severe capital commitments being made in various racing jurisdictions.
“There was demand for horses via Oct. 24 and began in July,” added Browning. “That form of offers you some confidence heading into the November market. I feel there’s going to be great competitors for what are perceived to be the better-quality weanlings.”
Taylor Made Gross sales Company was the main consignor of the sale promoting 110 yearlings for a complete of $7,904,000. Mike Ryan, agent, was the main purchaser with 9 purchases totaling $1,630,000.
Two colts topped the fourth session of the sale at $500,000.
Hip 1288, a colt by Curlin bought to Jones/Everett, agent. He was bred in Kentucky by Cypress Creek Equine out of the grade 1-winning Bernardini mare A Z Warrior , and consigned by Eaton Gross sales, agent. The colt was a buy-back on the Keeneland September Yearling Sale at $575,000.
“We have cherished him since September,” stated Megan Jones, bloodstock agent for Danny Gargan. “I assumed he was a faster-looking Curlin that has velocity. We love the Curlin over Bernardini over Carson Metropolis, and it is only a very dependable household and web page. We simply thought he was very athletic, a quicker-looking Curlin. He did all the pieces proper, and we cherished him since Keeneland; so we had been all the time on him right here.
“I assumed he was the strongest colt right here. He was the one we wished, and we anticipated to go there,” stated Jones on the $500,000 price ticket.
“He’ll go all the way down to Raul Reyes’ King’s Equine, and go down there for the winter, after which he’ll be educated by Danny Gargan. He’ll in all probability go as much as Saratoga in Could.”
Jones signed for 2 different yearlings in the course of the sale: Hip 490, a colt by Charlatan for $300,000, and a filly by Tiz the Regulation (Hip 1326) for $240,000.
Hip 1280, a colt by Not This Time , bought to Case Clay for $500,000 in the course of the closing session. He’s out of the Medaglia d’Oro mare Aureum, who’s a half sister to the dam of Could Day Prepared , winner of the Oct. 4 Jessamine Stakes (G2T) and Breeders’ Cup Juvenile Fillies Turf (G1T) hopeful.
The colt was bred in Kentucky by Barronstown Stud, and consigned by Hunter Valley Farm, agent. Cherry Knoll Farm bought him on the Keeneland November Breeding Inventory Sale final 12 months for $200,000. “We actually favored the colt, energetic household, nice sire, we’re excited to get him,” stated Clay.
A pair of fillies bought for $400,000 in the course of the closing day of the sale; Hip 1276, a filly by Sensible Joke , bought to Mike Ryan, agent. She was bred in Kentucky by Wildwood Farm and Indian Creek, and consigned by Hunter Valley Farm, agent. Cherry Knoll Farm bought the filly for $190,000 from the 2023 Keeneland November Sale.
“She (Hip 1276) jogged my memory of Methods and Means,” stated Ryan, who signed the ticket on behalf of consumer Seth Klarman, proprietor of grade 1 winner Methods and Means. “She’s a severe filly this one. She was within the high three fillies within the sale; I feel we’ll get two turns. Huge stretchy filly, nice depth, nice power, however numerous high quality and sophistication about her. She was one we actually wished to get.
“It is nonetheless strong for the standard horses,” stated Ryan available on the market. “I felt we have purchased some good horses via the week at cheap costs by confirmed sires. It is all the time good when you’ll be able to decrease the typical a bit of bit. We have spent a lot at earlier gross sales; however high quality sells, that is what it is about, interval.”
Terry Knight signed the ticket for Hip 1231, a Charlatan filly, on behalf of Legacy Ranch. She was consigned by Indian Creek, agent, and bred by Magic Cap Stables in Kentucky.
“I simply cherished her presence,” stated Knight, supervisor and coach at Legacy Ranch in California. “I simply cherished all the pieces about her. Only a very, very pretty filly, an awesome mover. Clearly we’re taking an opportunity on a younger stallion, however she simply had all of the elements that I favored.
“She’ll ship to California, and we’ll determine what we will do along with her from there,” added Knight. “She was the one I actually wished. It is arduous to sit down and wait for 3 days. We have handed on a couple of, however I used to be ready to stroll house empty-handed if we needed to.”
Fasig-Tipton now units it is sights on The November Sale Nov. 4 in Lexington. The boutique breeding inventory occasion is held the Monday after the Breeders’ Cup World Championships at Del Mar. There are 70 graded stakes winners or producers cataloged, 24 of of them on the grade 1 stage.
“My expectations for this 12 months’s November Sale are sky-high,” stated Browning. “And, they’re excessive due to the standard of horses which are within the catalog, they usually’re excessive as a result of we set the bar for ourselves very, very excessive. It is as deep a catalog as we have had by way of significantly the fillies and the mares.
“We have got a catalog that after once more we’re actually happy with,” he stated. “We’ll be rooting and cheering for some updates between now and Saturday night, Nov. 2.”
