LEXINGTON, Ky. - Fasig-Tipton Kentucky's fall yearling sale, which ended Wednesday evening with declines across the board, unexpectedly provided a test of the Sales Integrity Task Force's code of ethics. The company acknowledged that, under a new policy it formulated after the code's 2004 unveiling, it should have scratched a Chief Seattle filly that had been sold privately on the auction grounds within 24 hours of entering the sale ring.
The filly, a daughter of Kwik as a Wink, sold at auction to agent Buzz Chace for $270,000 and was the sale's second-highest-priced lot.