$140,000 Bind filly sets record at Texas Thoroughbred Association 2-year-old sale

The Texas Thoroughbred Association 2-year-olds in training sale at Lone Star Park closed on Tuesday with a record gross and mild declines in average and median sale price, while a $140,000 Bind filly became the most expensive horse in the auction’s three-year history.

The auction finished with 84 horses sold for revenues of $2,161,900 and a 15 percent increase from last year’s auction, which grossed $1,873,900 from 70 juveniles sold. The average sale price declined 4 percent to $25,737 from $26,770, while the median fell 18 percent to $13,100 from $16,000.

Tuesday’s buyback rate closed at 21 percent, compared with 25 percent in 2017.

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“I was really pleased that we attracted a larger catalog this year after last year’s successful sale, and it was great to see the average almost the same with a nice increase in the gross,” said TTA sales director Tim Boyce. “We had four horses sell for more than $100,000, with a Texas-bred, Louisiana-bred and two Kentucky-breds, so that shows the variety of quality offerings we had.”

This year’s sale had one more six-figure horse than last year. Fourteen were sold for $50,000 or more, also one more than last year.

Leading the way was a Bind filly who sold to M & M Racing for $140,000. The price topped the previous record high for the sale of $120,000, set last year for a Tale of the Cat colt purchased by Carrol Castille.

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The Bind filly, named Charlotte G, is the first foal out of the unraced Summer Bird mare Promise Me G. Bred in Louisiana by Thomas Galvin, the filly hails from the family of Grade 1 winner Try Something New and Grade 3 winner Promise Me Silver.

Twin Oaks Training Center consigned Charlotte G, as agent. She was the co-fastest juvenile of the pre-sale under-tack show at an eighth of a mile, covering the distance in 10 2/5 seconds.

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