05/22/2012 5:18PM

Fasig-Tipton sale shows gains across the board


Fasig-Tipton's Midlantic May 2-year-old sale ended Tuesday afternoon in Timonium, Md., with increases across the board.

The auction posted gains in gross receipts and average,and medianices with 313 horses bringing a combined $16,871,000 for a $53,901 average price and a $28,000 median. The gross revenue was 4 percent higher than last year's total for 343 juveniles, while the average increased by 14 precent and median was up by 12 percent. Buy-backs were 24 percent, compared with 18 percent last year.

The two-day auction's highest price was the $575,000 that Mercedes Stable paid Kings Equine for a Scat Daddy-Magical Mist colt, Hip No. 39, at Monday's opening session. He worked an eighth-mile in 10.2 seconds at the sale's under-tack preview last week.

Tuesday's session-topper, and the sale's second-highest-priced juvenile, was a $470,000 Tiznow colt out of Horns Gray that Zayat Stables and Mike Moreno partnered to buy from the Hartley/De Renzo Thoroughbreds agency. The dark bay or brown colt, a May 21 foal, is a half-brother to Grade 1 winner Awesome Humor and had an 11-second work over an eighth.

The auction's most expensive filly was Hip No. 332, a $450,000 full sister to Grade 3 winner Trinniberg. Abdullah Saeed Almaddah bought the April 4 Teuflesberg filly from the McKathan Brothers agency. She had worked an eighth in 10.2 seconds.

A half-sister to recent Preakness Stakes third and Grade 1 winner Creative Cause also was among Tuesday's high-priced juveniles. She fetched $310,000 from buying agent Steven W. Young. The Distorted Humor filly, an April 7 foal, is out of Grade 1 winner Dream of Summer and went an eighth in 10.6 seconds. The Kings Equine agency also consigned her.

At Monday's opener, gross fell 8 percent as 156 juveniles, including private purchases, brought $7,342,500, down from last year's $7,997,600 for 176 horses. But the average climbed by 4percent and median advanced 8 percent. The average price was $47,067, up from $45,441 at last year's opener, and median was $27,000, compared with $25,000. The buy-back rate was 26 percent, up from 20 percent last season.