04/25/2017 8:11PM

OBS Spring: Opening session shows large gains

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The Ocala Breeders’ Sales Co. spring 2-year-olds in training sale came into this year’s edition with plenty of momentum on its side and lived up to expectations Tuesday, with an opening session that showed gains across the board and was led by a $685,000 colt from the first crop of Orb.

Tuesday’s trade saw 169 horses change hands for revenues of $15,305,700, marking a 31 percent increase in gross from last year’s opening session when 165 horses sold for $11,687,500. The average sale price rose 28 percent to $90,566 from $70,833, and the median rose 6 percent to $50,000 from $47,000. The buyback rate showed a slight increase to 24 percent from 23 percent.

At the top of the market, two horses eclipsed the $500,000 price point after none hit the mark during the first session of 2016. The 17 horses sold for $250,000 or more nearly doubled the nine sold during last year’s comparable session, while the 49 horses sold for six figures outpaced the 39 sold last year.

Three Chimneys Bloodstock, as agent, purchased the session-topper. The bay colt is out of the winning Dynaformer mare Vowel, whose three foals to race are all winners. His third dam is the Grade 1 winner Preach, putting him in the family of multiple Grade 2 winner and top sire Pulpit.

The colt breezed an eighth-mile in 10 1/5 seconds over the Ocala Training Center's all-weather Safetrack surface during the pre-sale under-tack show.

Claiborne Farm bred the colt in Kentucky and sold him to Royal Flush Racing for $30,000 at last year's Keeneland September yearling sale. Randy Miles consigned the colt at the OBS spring sale, as agent.

In addition to being a wildly successful yearling pinhook, the colt became a massive outlier in the commercial broodmare career of Vowel, who had never had a six-figure auction horse prior to Tuesday’s session. Claiborne Farm sold Vowel, in foal to Algorithms, for $5,000 at last year’s Keeneland November breeding stock sale.

Eddie Woods was the session’s leading consignor by gross, with 11 horses sold for revenues of $1,272,500. His consignment was led by the day’s second-most expensive offering, a Creative Cause filly who sold to White Birch Farm for $575,000.

John Oxley was the day’s top buyer, with three purchases totaling $1,050,000. The most expensive among them was a $375,000 Candy Ride colt out of Grade 1 winner Appealing Zophie, making him a half-brother to Grade 2 winner and Kentucky Derby hopeful Tapwrit.

The OBS spring sale continues through Friday, with sessions beginning each day at 10:30 a.m. Eastern.

To view the full results from Tuesday’s session, click here.