05/19/2014 6:05PM

Fasig-Tipton: Midlantic opener shows improvement


The opening session of the Fasig-Tipton Midlantic 2-year-olds in training sale set a solid pace on Monday, easily surpassing figures set during the first day of selling in 2013.

Monday’s session closed with 168 juveniles sold for revenues of $11,553,000, improving 60 percent from last year’s renewal, when 121 horses brought a combined $7,235,000. The average sale price rose 15 percent, from $59,793 in 2013 to 68,768, while the median price of $34,500 improved 8 percent compared with last year’s figure of $32,000.

Monday’s buyback rate was the only drawback, finishing at 26 percent compared with 18 percent at last year’s opener.

The session was topped by a War Front colt purchased by bloodstock agent Steven Young for $520,000.

Bred in Kentucky by Beau Lane III, the colt is out of the winning Wavering Monarch mare Judy’s Magic, whose five winners from seven foals to race include Grade 1-placed She’s Got the Beat.

The colt was consigned by Eisaman Equine, agent, and breezed one furlong in 10 2/5 seconds during the first of two presale under-tack shows. He is the most expensive foal out of Judy’s Magic to sell as a racing prospect at public auction, and trails only She’s Got the Beat, who sold in foal to Grand Slam for $650,000 at the 2004 Keeneland November breeding stock sale.

Monday’s transaction was the second time that the colt had been offered at auction. He finished under his reserve at last year’s Keeneland September yearling sale with a final bid of $190,000.

A daughter of More Than Ready was bought for $510,000 as the session’s second-highest price. Barbara Banke’s Stonestreet Stables secured the filly from Stephens Thoroughbreds, agent. She is out of the stakes-winning Montbrook mare Exotic Bloom, and is a half-sister to Stopchargingmaria, who won the Grade 2 Black-Eyed Susan Stakes on Friday.

One other 2-year-old reached the half-million mark on Monday, as a son of the late Unbridled’s Song went for $500,000 to Matthew Schera. Consigned by Ciaran Dunne’s Wavertree Stables, agent, the bay colt is named Bridled Tranz and is out of the Storm Cat mare La Maestranza. His second dam is Breeders’ Cup Juvenile Fillies winner Cash Run. The colt joined the More Than Ready filly as two of ten juveniles to breeze the fastest furlong during the first under-tack show, both finishing in 10 1/5 seconds.

In all, 10 2-year-olds eclipsed the $200,000 mark on Monday, compared with six during the first session in 2013.

The Fasig-Tipton Midlantic sale concludes on Tuesday at the Maryland State Fairgrounds in Timonium, Md., beginning at 10 a.m. Eastern.

For hip-by-hip results, click here.

Fasig-Tipton Midlantic 2-year-olds in training sale, opening session:

Year Sold Gross Average Median Buyback
2014 168 (+39%) $11,553,000 (+60%) $68,768 (+15%) $34,500 (+8%) 26%
2013 121 $7,235,000 $59,793 $32,000 18%