08/15/2006 11:00PM

$40K tops at Fasig-Tipton

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A pair of $40,000 yearlings were the high mark at Fasig-Tipton's first Saratoga open yearling sale Tuesday.

An Out of Place-Miss Millennium filly, offered by the Rhapsody Farm Bloodstock agency as Hip No. 485, was the first to sell for that price. Patrick Everard was the buyer. The filly is the second foal for her dam, a winning Mane Minister mare who is a half-sister to the Grade 3-placed stakes winner U So Bad.

The second lot to bring $40,000 was Hip No. 547, a Lido Palace-Valor Lady colt bought by agent Joseph Aquilino. McMahon of Saratoga Thoroughbreds, as agent, consigned the colt, whose dam is a Grade 3 winner by Sir Ivor.

The session sold 70 yearlings for a total for $680,500, yielding an average price of $9,721 and a $5,350 median. The buy-back rate was a high 47 percent, with 63 horses failing to reach their reserves in the auction ring.