10/17/2015 3:42PM

Saratoga sale looks to bounce back

Email

The Fasig-Tipton Saratoga fall mixed sale reverts to its successful one-day format as it attempts to bounce back to the solid figures it posted earlier in its short history. 

The sale – which will be held Monday, Oct. 26, at Fasig-Tipton’s Humphrey S. Finney Pavilion in Saratoga Springs, N.Y. – was inaugurated with a single-session format in 2012 and then improved upon its figures in all major economic categories in 2013. Off that strong start, the sale cataloged a record 430 horses in 2014, prompting an expansion to two days. It finished with declines across the board. 

This year’s catalog features 366 horses before outs, with the bulk of those, 206, being weanlings. The catalog includes approximately 100 broodmares in foal and racing or broodmare prospects and 60 yearlings. Weanlings and yearlings were to be stabled on the sale grounds, while mares were to be housed at Saratoga Race Course’s Oklahoma training track, just across the street from the sale grounds.

The weanlings cataloged display the strength of New York’s resident stallion roster, which has grown in both quantity and quality concurrent with purse increases in the state. The state’s stallions with their first weanlings in the sale include champion sprinter Trinniberg (standing at Rockridge Stud) and Grade 1 winners Emcee (Sequel Stallions) and The Lumber Guy (Keane Stud). Emcee and The Lumber Guy represent major international stallion operations – Darley and Spendthrift Farm, respectively – which have invested in the regional market. Darley also stands multiple Grade 1 winner Alpha in the state; he is represented by his first mares in foal.

Kentucky stallions represented by their first weanlings or yearlings in this catalog include Kentucky Derby winner Orb, champion Shanghai Bobby, and multiple Grade 1 winners Flat Out and Get Stormy.

“There is great awareness of the success of the New York-bred program among owners, trainers, and the pinhooking sector of our industry, particularly following the Saratoga race meet and our [yearling] sales there in August,” Fasig-Tipton president Boyd Browning said of the catalog. “Once again, weanlings form the largest part of the catalog. The quality of their pedigrees – both sires and dams – is a reflection of the growing popularity of New York-breds in the marketplace.”

The 2014 Fasig-Tipton Saratoga mixed sale finished with 193 horses sold for gross receipts of $3,206,100, a decrease of 5 percent from the record established in 2013. The average price was $16,612, a decline of 12 percent; the median price was $10,000, a drop of 9 percent. The buyback rate closed at 42 percent.

Leading the 2014 sale was a weanling colt from the first crop of classic winner Shackleford, sold for $150,000 to Palermo Farm. Now named Cournoyer, the colt was offered at this past summer’s Fasig-Tipton Saratoga select yearling sale, where he sold for $190,000 to Gary S. Broad.