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Fasig-Tipton July sale updates
LEXINGTON, Ky. - Watch throughout the day for updates on Fasig-Tipton's July select yearling sale from DRF's Glenye Cain Oakford in Kentucky. Full recap »
9:38: The Heiligbrodt dispersal, Phase I, closes the auction day with 73 horses sold for $2,949,500, resulting in a $40,404 average and a $29,000 median. The dispersal’s last lot, stallion Bwana Charlie, was a scratch. in addition to $240,000 topper Richbabe, the dispersal sold three other six-figure horses. They were Driscoll, who brought $105,000 from James L. Stone; $100,000 Spoils, who sold to Fleetwood Bloodstock; and $100,000 Sax Appeal, who went to Jonathan Thorne.
9:01: Richbabe, the dam of Grade 3 winner Richwoman and now in foal to Bluegrass Cat, provides the Heiligbrodt dispersal’s electricity when Ciaran Dunne, agent, goes to $240,000 for her, the top price for the dispersal so far. The 15-year-old Richman mare went through the ring with her April Street Sense foal, a Kentucky-bred, at foot.
Earlier, dual stakes winner Heavenville, fifth last out in the July 2 Louisiana Showcase Classic at Evangeline Downs, goes for $75,000 to Danny Keene. The 4-year-old Offlee Wild colt arrived at the sale from trainer Brett Brinkman’s barn. He is a Louisiana-bred son of the Petionville mare Seeking Heaven and has $252,761 in earnings so far. Voyles, who won a Belmont maiden race by five lengths on July 2, fetched $95,000 from Charles R. Buchanan. The 3-year-old Officer colt now has just over $86,000 in earnings after his first win in 10 starts. He’s also finished second five times and third once. Voyles is out of the Yes It’s True mare Yes It’s Gold, a stakes-placed runner.
Hip No. 452, the Heiligbrodts’ 2-year-old Candy Ride colt Driscoll, set “a world record for a pregnant 2-year-old colt,” quips announcer Terence Collier, after the board mistakenly identified him as being in foal. The error notwithstanding, Driscoll became the second Heiligbrodt horse to bring six figures when hammered down to James L. Stone for $105,000. Driscoll is a Louisiana-bred out of No End in Sight, a Straight Man mare. He is unraced.
Hip No. 459, the stakes-placed Johannesburg mare Jersey Bond, kicked off the mares-and-foals portion of the session. Jersey Bond sold with her weanling Gaff colt -- a half-brother to Grade 1-placed and Grade 3-winning Gritty Sandie -- at her side. Jersey Bond, a 7-year-old, is not pregnant this year. The pair brought $30,000 from James W. Rogers.
8:05: As Bill and Corinne Heiligbrodt -- wearing the orange of their racing silks -- look on from Fasig-Tipton’s balcony, the first group of their large Thoroughbred holdings go under the hammer. The early leader is $100,000 Spoils, who goes to Fleetwood Bloodstock. The 3-year-old War Front filly is the first foal out of Conquistadordelite, by Conquistador Cielo, and so far has earned $22,007 from two seconds in four starts under Dale Romans’s training.
Immediately before Spoils entered the ring, five-time stakes winner Snug, an earner of more than $627,000 from 9 wins in 35 starts, sold for $70,000 to Carl R. Moore Management.
Bluewater Sales is acting as consignor for Phase I of the Heiligbrodt dispersal tonight.
7:03: The select yearling portion of the day ends just before 7 p.m. with 191 yearlings sold for $13,349,000. That’s down 26 percent from last year’s gross for a larger two-day auction that sold 243 yearlings. The 2011 average is $69,890, eight percent lower than last year’s figure of $75,780. But median improved from last year, rising 20 percent from $50,000 last year to $60,000 today. Buy-backs were 27 percent, down slightly from last year’s 29 percent.
The yearling sale-topper was Hip No. 168, the Harlan’s Holiday colt out of Acrosstheborder that Barbara Banke’s Stonestreet Stables bought in partnership with George Bolton. The Crossroads Sales 69890agency was the consignor.
Now it’s on to Phase I of the Heiligbrodt dispersal, featuring horses of all ages.
5:32: Agent David Fiske popped up late in the session to pick up another Tapit for Winchell Thoroughbreds, which owns a substantial piece of the Gainesway sire. Fiske paid $300,000, the day’s second-highest price so far, for the Gainesway agency’s filly out of the Vicar mare Easily. It’s a deep family: Easily is a half-sister to major winner Til Forbid, now dam of Scoop and Kings Lynn, and to graded winner Hold on Blue and three other stakes performers.
“It was about what we expected,” Fiske said of the price. “She was the only one we came to bid on. We like Tapits a lot. ... She was probably well worth the money, but we’ll see next year.”
Asked about future training plans for the new acquisition, Fiske said Steve Asmussen was “most likely, but I can’t say for sure.”
Fiske also offered an update on Sham Stakes winner Tapizar, another Winchell runner by Tapit who dropped off the Kentucky Derby trail in February with a knee chip. “He is up at Saratoga,” he said. “Getting ready to work pretty soon.”
Fiske said the stable is hoping to point Tapizar for a September return to the races.
3:20: Barbara Banke, who earlier purchased a $220,000 Dehere-Marialua filly, splashes out again, this time for a $310,000 Harlan’s Holiday colt. The bay colt is the first foal from Include’s stakes-placed daughter Acrosstheborder. The Crossroads Sales agency consigned the colt as Hip No. 168. “She’s going to carry on just like him,” said Stonestreet’s bloodstock agent, John Moynihan, referring to Banke's late husband, Jess Jackson. “She’s really enthusiastic about it and loves it as much as he did.”
Banke’s $310,000 Harlan’s Holiday colt is the current session-leader.
Minutes earlier, a $230,000 Lemon Drop Kid-Wow Me Free colt held that distinction on a final bid from Mary and Gary West. Agent Ben Glass signed the ticket for the colt, a Warrendale Sales graduate. Consignor Kitty Taylor said she had had high expectations for the colt before the auction -- hopes that were reinforced when Lemon Drop Kid’s son Dreamy Kid won the Grade 2 Swaps last weekend. “He had the most vetting out, he had a proven sire who just had a stakes horse over the weekend, and he was out of a nice young mare who was a graded stakes mare,” Taylor said of the yearling.
Taylor expressed surprise at healthy prices for first-crop sires' get, but noted that proven sires are still king. “If you have a horse that vets well, that’s by a proven sire, that has some family behind it, they’re going to want it,” she said.
1:40 p.m.: Patrice Miller of the EQB agency made a new session-leader when she spent $225,000 on a Harlan’s Holiday colt out of Dixieland Band’s Grade 3-winning daughter Shiny Band. The Gainesway agency sold the gray or roan colt, whose catalog page also sports the name of Grade 1 winner and millionaire Shine Again, his dam’s half-sister. After signing the ticket, Miller pronounced the market “realistic” and noted that the colt’s quality -- and his status as a Louisiana-bred -- influenced her to push to her bidding limit.
Earle Mack wasn’t in attendance at the sale, but he made his presence known through his racing manager Aaron Cohen. Cohen plucked up a $200,000 Tapit colt out of a commodity that will become increasingly rare: a Storm Cat mare. The great sire Storm Cat was pensioned in 2008. This dark bay or brown colt is out of stakes-placed Shadow of Storm and is from the same family as Bernstein.
Other six-figure horses by 1:30 included a $170,000 Medaglia d’Oro son of Prop, by Unbridled’s Song, that pinhooking operation Crupi’s New Castle 3 bought from the Gainesway agency; it was the most expensive buy for a reseller at that stage of the sale.
Freshmen sires continued to pull six-figure prices, a trend that could draw some attention from commercial breeders. In recent years, breeders have hedged their bets by focusing on established, proven sires. Although the Fasig-Tipton July sale is a small sample, it’s providing a hint that freshman sires could be returning to fashionability. Street Hero, Big Brown, Into Mischief, Tiz Wonderful, and Midnight Lute all had yearlings sell at or above the $100,000 mark by 1:30.
11:16 a.m.: In the first hour of the Fasig-Tipton July auction of select yearlings, the Thoroughbred world got a welcome signal that Barbara Banke will continue Stonestreet Stables after the death of her husband, Jess Jackson, in April. Stonestreet purchased the early session-leader, a Dehere filly out of the Maria’s Mon mare Marialua, for $220,000. Dapple Stud sold the filly, currently named Island Love Song, on behalf of Twin Hopes Farm and Helen T. Andrews.
Several first-crop sires also had six-figure yearlings early. Into Mischief kicked off the freshmen sires' early run when his daughter out of stakes-placed Kid Majic, by Lemon Drop Kid, went to agent Deborah Easter for $125,000. The bay filly’s dam is a half-sister to Del Mar Futurity winner J P's Gusto. Gainesway sold him on behalf of a partnership managed by Brian Graves.
Midnight Lute's first offering at the auction also did well on a $140,000 sale to Fox Hill Farm. Hip No. 23 was Tenlane Farm’s filly out of the stakes-placed Meadowlake mare Ma Kitty.
A colt by Kentucky Derby and Preakness winner Big Brown became the first of that sire's get to sell for six figures. Hip No. 22, a colt out of the Empire Maker mare Majestic Empress consigned by the Hill 'n' Dale agency, brought $100,000 from Mandy Pope's Whisper Hill Farm. The colt's dam is a half-sister to Grade 2 winner Regally Appealing and stakes-winner Regal Miss Copelan, who also is the dam of Rockport Harbor.
July sale preview
The season’s first significant group of select yearlings has gathered at Fasig-Tipton’s Newtown Paddocks headquarters, where the bellwether July selected yearling auction will take place Tuesday. As buyers look over the wares, Fasig-Tipton executives and consignors are looking for signs that 2011’s select yearling season will be better than 2010’s and that bloodstock prices will begin to show signs of recovery after several years of contraction. Fasig-Tipton hopeful but realistic at July sale »
Fasig-Tipton July facts
When: July 12, 10 a.m.
Where: Fasig-Tipton, Newtown Paddocks, 2400 Newtown Pike, Lexington, Ky., 40583
Telephone: (859) 255-1555
Facts to know: This year’s yearling sale will feature a 25 percent smaller catalog than last year, with 303 horses on offer, followed by the supplemental 80-horse catalog for the Heiligbrodt dispersal’s first phase; the Heiligbrodt horses, consigned by Bluewater Sales, are all ages.
Recent history: Last year’s auction, which also had a smaller catalog than in 2009, took place over two days and sold 243 yearlings for $18,414,500 (-12 percent), for a $75,780 average (-2 percent) and $50,000 median (-9 percent).