With the coronavirus pandemic leading auction houses worldwide to expand their remote bidding capabilities, Fasig-Tipton debuted its online bidding platform, which will be in place for all future sales, at this week's Midlantic auction.
Not This Time, one of the early leaders of his freshman sire class, continued to be commercially popular at the Fasig-Tipton Midlantic 2-year-olds in training sale, with a $650,000 colt checking in as the third-highest price of the sale.
In a topsy-turvey sale season filled with uncertainty, the Fasig-Tipton Midlantic 2-year-olds in training sale couldn't match last year's record renewal, but still turned in a strong performance.
A colt by young classic sire Uncle Mo sold for $1.1 million to lead the opening session of the Fasig-Tipton Midlantic 2-year-olds in training sale, which posted gains in average and median figures Monday at the Maryland State Fairgrounds in Timonium.
The under-tack preview show for the Fasig-Tipton Midlantic 2-year-olds in training sale concluded with a logjam on the leaderboard, as a dozen juveniles tied for the fastest furlong time at 10 seconds flat.
The Fasig-Tipton Midlantic 2-year-olds in training sale usually arrives in May riding a wave of momentum from the outside world. Typically the auction, held at the Maryland State Fairgrounds in Timonium with prominent players in attendance after the nearby Preakness Stakes, is the fifth North American juvenile sale of the season, with market momentum well established. This year, the setup is quite different.
Horses to watch at the 2020 Fasig-Tipton Midlantic 2-year-olds in training sale.
Keeneland, one of North America's major auction companies, moved into a new era Tuesday with its inaugural June select horses of racing age sale, the first stand-alone online auction held via its new Digital Sales Ring platform. Although the market showed some restraint, leading to a high buyback rate, the sale posted solid average figures, with $327,000 Trapezium leading the way.
As the bloodstock industry grapples with its new normal, Keeneland moves into a new era by debuting its digital auction platform with a select horses of racing age sale on Tuesday.
The Ocala Breeders' Sales Company's spring sale of 2-year-olds in training was watched with held breath by the bloodstock industry, as it was the first live, public Thoroughbred auction held in North America in two months, after the coronavirus pandemic wiped the auction calendar clean. The sale did finish with declines as it closed on Friday evening -- however, it had been fighting an uphill battle against last year's record renewal even before other external factors.
