08/27/2015 8:06PM

OBS August: Open portion ends with growth

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While the select portion of the Ocala Breeders’ Sales Co. August yearling sale remained on fairly steady footing, the auction’s two open sessions posted improved average and median prices over last year’s renewal with fewer horses sold.

The two-day open portion saw 408 horses change hands for revenues of  $5,494,400, down 14 percent from the 2014 open sessions when 496 yearlings brought $6,397,600.

While gross figures followed suit with a smaller catalog, the auction saw growth elsewhere. The average open portion sale price rose 4 percent from $12,898 to $13,467, while the median increased 22 percent from $8,000 to $9,750.

The buyback rate saw a significant improvement, falling 10 percentage points from 29 percent last year to 19 percent in 2015.

At the top of the market, one horse sold for six figures during the open portion of the OBS August sale, trailing the three to do so last year. The 10 horses to sell for $50,000 or more also trailed the 13 that met or surpassed that mark during the previous renewal’s open sessions.

Becky Thomas bought the highest-priced offering of the open sessions on Thursday, securing a Yes It’s True colt for $100,000.

Bred in Florida by El Batey Farm, the colt is the second foal out of the unraced Medaglia d’Oro mare Wild Eyes. He is from the family of Grade 2 winners Desert Digger and Explicit, and Grade 3 winner Flying Victor.

The transaction made the colt the most expensive foal out of Wild Eyes, whose first foal, the Bellamy Road colt Undeniably Wild, brought $8,000 at last year’s OBS August sale. The colt was consigned by Summerfield Sales, as agent.

Francis and Barbara Vanlangendonck’s Summerfield Sales was the leading consignor of the open portion, with 59 horses sold for revenues of $1,031,700, including the open portion’s highest-priced offering.

William Stiritz, the majority owner of Fairmount Park, was the leading buyer of the open sessions, fueled by an active day on Thursday that brought his total purchases up to 12 yearlings for a combined $234,000. Leading the group was a $37,000 Into Mischief filly out of the Macho Uno mare Culture Shock, who Stiritz landed as the sale’s last horse through the ring.

OBS reported 198 horses sold during Thursday’s closing session for revenues of $2,344,200, down 19 percent from $2,894,600 during last year’s final day. The average sale fell 6 percent from $11,839 to $12,585, while the median increased 13 percent, from $8,000 to $9,000.

Summerfield swept the OBS August sale as the leading consignor of all three sessions, leading Thursday’s group with 30 yearlings sold for a combined $482,700, including the session-topper. Stiritz was the day’s leading buyer with 11 purchases totaling $208,000, headed up by the aforementioned Into Mischief filly.