LEXINGTON, Ky. - Fasig-Tipton's July select yearling sale got the yearling auction season off to a good start. The two-day sale featured a slimmer catalog this year with just 472 lots, as compared with last year's record 672, and that formula worked well for the company.
By the time the hammer fell for the last time Tuesday evening, the auction had set sale records for average price at $115,954 and median price at $90,000. The gross, predictably, had gone down because of the decreased number of offerings and finally finished at $35,598,000 for 307 yearlings.