05/18/2015 3:45PM

Fasig-Tipton Midlantic: Record Smart Strike filly tops opening session


The Fasig-Tipton Midlantic 2-year-olds in training sale started off with an unprecedented bang on Monday, led by a $1.25-million Smart Strike filly who became the most expensive horse ever sold at public auction in the state of Maryland.

Fasig-Tipton reported that Monday's session finished with 127 horses sold for revenues of $13,047,000, up 13 percent from last year’s opening day gross of $11,553,000 from 168 sold.

The average sale price saw a 49 percent boost from $68,768 to $102,732, while the median price rose 30 percent from $34,500 to $45,000. At the 2015 auction’s halfway point, average and median sale prices outpaced the Midlantic juvenile sale’s records in both categories - $66,968 and $40,000, respectively, which were established in 2013.

The buyback rate finished at 23 percent on Monday, down slightly from last year’s opening session figure of 26 percent.

Four horses sold for $500,000 or more on Monday, eclipsing last year’s opening session, which accounted for all three of the offerings to meet or exceed that price during that renewal of the Midlantic sale.

Ben McElroy purchased the session-topper, as agent; a Smart Strike filly out of the stakes-winning A.P. Indy mare Crystal Current, whose two winners from three foals to race includes stakes-placed Mi Vida. Crystal Current is also the dam of Savoy Stomp, a winning son of Medaglia d’Oro who sold for $875,000 at the 2013 Fasig-Tipton Saratoga select yearling sale.

Bred in Kentucky by Southern Equine Stables, the filly’s second dam is the multiple Grade 1 winner Dream Supreme, whos offspring include Grade 1 winner and young sire Majestic Warrior and Grade 3-placed stakes winner Evolutionist. The extended family includes Grade 1 winner Spinning Round and Peruvian champion Kung Fu Mambo.

The breeder purchased Crystal Current for $3.1 million at the 2008 Fasig-Tipton Kentucky fall select mixed sale.

Eddie Woods was the consignor, as agent. The filly breezed one furlong in 10.40 seconds during the pre-sale under-tack show.

The session also proved bountiful for sire Pioneerof the Nile, whose son American Pharoah won the Preakness Stakes on Saturday at nearby Pimlico Race Course and now sits on the precipice of a Triple Crown bid.

Pioneerof the Nile was represented by two of the session’s four most expensive offerings. Trainer Linda Rice, as agent, secured the day’s second-highest-priced horse for $840,000, a colt out of the unraced Mineshaft mare Lantern Glow. The colt is a sibling to Grade 2 winner Leave the Light On and stakes winner Harlan’s Pure, and his page also includes European champion Balanchine.

Also drawing a high bid for his sire was a colt out of the placed Boston Harbor mare Coastal Flag, selling to Harvey Diamond for $500,000. He is from the family of Grade 1 winner Patches.

The second and final session of the Fasig-Tipton Midlantic juvenile sale will take place Tuesday, at the auction company’s Midlantic sales pavilion in Timonium, Md., beginning at 10 a.m. Eastern.