04/22/2014 9:04PM

OBS spring: Tapit colt leads strong second session


A colt by Tapit sold for $725,000 to Mike Repole to lead the way as Tuesday's second session of the Ocala Breeders' Sales Co. spring sale of 2-year-olds in training improved on the prior day's opener by finishing with across-the-board gains.

A total of 196 juveniles changed hands during the session for total receipts of $15,573,000, a 17 percent gain compared with last year’s second session, when 213 horses sold for $13,272,500. The average price of $79,454 was up 28 percent from $62,312 last year, while the median of $48,500 climbed 21 percent from $40,000 last year. The buyback percentage rose from 12 percent in the 2013 sale’s second session to 19 percent on Tuesday.

The $725,000 session topper by Tapit is the highest-priced juvenile of the sale so far, topping the $550,000 Mineshaft colt who led Monday's opening session.

The colt, who breezed a furlong in 10 1/5 seconds at last week's under-tack preview show, is out of the stakes-winning and Grade 2-placed More Than Ready mare Ready For Fortune. De Meric Sales consigned the colt, as agent.

The session's highest-priced filly, and second most expensive offering overall, was a Harlan's Holiday filly purchased for $525,000 by Donato Lanni, as agent for Kaleem Shah. Consigned by Eisaman Equine, agent, the filly breezed in 9 4/5 seconds last week. She is out of the winning Mr. Greeley mare Ruby Summer, dam of three winners from five starters.

Through two sessions, OBS reported 380 horses sold for gross receipts of $27,543,500. a 11 percent increase compared with $24,904,500 from 415 sold in 2013. The two-session average of $72,483 marks a 21 percent improvement compared with $60,011 last year, while the $47,000 median is up 27 percent over $37,000 in 2013.

The third of four OBS spring sessions begins at 10:30 a.m. Eastern on Wednesday. The sale continues through Thursday.

For hip-by-hip results, click here.