Horse Racing

Fasig-Tipton horse discounts in racing age skyrocket


Fasig-Tipton July’s racehorse sale ended with good results on July 10, delivering better results in all statistical categories than in 2022 and selling three horses for prices from $500,000 or more. The last horse to cross the ring, a late addendum to the sale, was one of the three best-selling horses—the female captain of the Iowa Oaks (G3) electronic money who put an exclamation point worth half a million dollars in the day.

Fasig-Tipton President and CEO Boyd Browning Jr. “Buyers, sellers, and officials in attendance today may be surprised at how vibrant the market is. Bidding is consistent from start to finish; the first horse to make it through the ring is a winner. one of the most thoroughly tested horses on the sales basis and was the last horse past to be entered only on Sunday morning.”

Attractions, HORA Sale 2023 July Fasig-Tipton Sale
Photo: Fasig-Tipton photo

Taking advantage of the higher liquidity that a drop like this offers, the team behind Crypto Mo decided on July 8, after she entered the 1/16-mile race in two impressive distances. statue, to make money from his success. Showing on the basis of second sale, chestnut equals Mohaymen Showcased seamlessly to the Taylor Made Sales Agent shipper, entered the sales round and saw bids rise to $500,000 with Hunter Valley Ranch management partners on the winning side.

Adrian Wallace, who runs Hunter Valley Farm with Fergus Galvin, said: “We bought this dog for ourselves and Qatar Racing; she’s going to join Brad Cox. “She won very well on Saturday night; she is an up-and-coming tennis player. She has a beautiful physique and class in the back-round, never turned around. She is definitely improving; hopefully, it gets better and better on the horizon for her.”

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Running softly in 2nd place, she broke her maidenhood in second grassland steppe equal to 3 lengths. She’s been successful on the track twice this year before reaching out to win the Panthers Stakes on June 10. Almost a month after she won the Iowa Oaks, again on her hometown track. she.

Hip 645, Brendon Valentini, Travis Murphy, Marshall Taylor, HORA Sale 2023 Fasig-Tipton July Sale
Photo: Fasig-Tipton photo

(LR) Brandon Valentini, Travis Murphy, Marshall Taylor at Fasig-Tipton Selected race-age horse sale July

“With this dirty girl, we’re trying to step her up,” said trainer and co-owner Travis Murphy. “We thought she had a lot of pace in her first race and won easily. She was sore when she was 2 years old, so we took her out and wanted to save her. her to do a good campaign 3 years old.. We picked her up in Oaklawn and put her in a race, finally she was overtaking, but I’m not ready to pull her out yet. We had the idea to pull her out on January 16th and the rest is history.”

This chubby dog ​​was purchased by trainer Murphy for $20,000 from her Buck Pond Farm breeder/depositor at Keeneland’s September 2021 Annual Sale. The Dirty Runs for Murphy, Brandon Valentini’s Triple V Racing and Matt Trent Teaming Up. Murphy’s wife, Cindy, is joining Crypto Mo to score her 2,000th career win as a jockey.

Fasig-Tipton reported 142 horses were traded out of 170 through the ring Monday afternoon for a total of $13,982,000, up 29.3% from 2022. The average price was $98,465 dollars yielded an increase of 17.5% and an average of $62,500, an increase of 7.8% from last year was recorded. There were 28 horses that did not reach the reserve level, representing an RNA ratio of 16.5%.

Last year, the single sale saw 129 of the 159 horses offered for sale sell for a total of $10,814,000. Match the median of $83,829 and the median of $58,000. There were 30 horses that did not meet the reserve, accounting for an RNA ratio of 18.9%.

ELiTE’s Brad Weisbord said: “Tonight was a great sale for us, probably our best-ever July sale. “Fasig-Tipton has done a great job of attracting buyers here. I want to especially thank both Chad Brown and Jonathan Thomas for being great racehorses and managing their clients so well. “

Top racehorse consignor, ELiTE sales lead end to end Monday, sold 35 horses for a total of $5.44 million to become the best-selling horse of the day and take the horse. highest priced horse, Free look , who sold it to Chad Schumer, dealer of Blue Diamond Stud UK, for $550,000. Chad Schumer, buying as an agent for separate clients, made two purchases Monday for $750,000 to become the top buyer in terms of gross sales.

Weisbord commented: “We sold horses between $35,000 and $550,000 tonight, which is a huge range for us, but there are buyers at all levels. “We’ve always found that at racehorse sales, unlike potential five-year or two-year-old sales, where the average market can be thin, there are buyers at every level in sales. racehorse.”

Grovendale Sales shipper James Keogh had a banner day selling 17 horses for a total of $967,000 and noted that the market was strong.

“It was a great sale and there was a huge market for horses between $100,000 and $300,000,” Keogh said. “Luckily we have a few in that range, so we can sell. It’s a great time of year for a good racehorse sale, with Saratoga and Del Mar meeting coming up. happens. I think that helps a lot.”

Boyd Browning, HORA Sale July 2023 Sale Fasig-Tipton
Photo: Fasig-Tipton photo

Boyd Browning sales

“The market is very dynamic, not only in race-age horses but also in their ability to adapt and change quickly when it comes to the right time and place to sell a horse,” said Browning. “We’re thrilled with the results today and I think that gives a little bit of confidence as we head into the annual sales season. You never know where the market is going; there’s been a lot of activity. Acting on a sales basis this weekend and today Testing has been excellent all the time and hopefully that will bode well and provide some encouragement as we go. tomorrow.”

The July sale for selected calves will take place tomorrow, starting at 10 a.m. ET with the first 109 horses through the ring as part of a freshman stud show.

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