The last sale of 2022 takes place October 24-27 at Fasig-Tipton’s Newtown Paddocks in Lexington at the Kentucky October Yearlings Sale. The sale turned out to be an exciting opportunity at the end of the year to buy future 1st place runners like graduates. Taiba , Good night olives and Jack Christopher .
“We have 1,595 horses in the catalog for sale; we expect another big sale this week,” said Fasig-Tipton President and CEO Boyd Browning Jr.. “The market has been outstanding throughout 2022, this is the last sale of the year, and we’re excited.”
The four-session sale saw 1,153 horses change hands from 1,358 through the ring in 2021 for a total of $52,607,500, a sales record. The record-breaking average price of $45,627 and an average of $22,000 were also achieved. Two hundred and five animals failed to meet their reserves for an RNA ratio of 15%.
“One of the beauties of the October Sale with the number of horses cataloged, there is really a choice and variety of horses to suit buyers of all levels,” said Browning. “If you’re looking to race in a regional show, we have horses that will suit that. If you’re looking for top class horses, we have a number of horses that can compete. compete in level 1 races across the country, as proof of our graduates.”
Fasig-Tipton’s Newtown Paddocks
During the third session of last year’s sale, a pony of Street Sense , in addition to Dance With Doves, won top honors after selling to West Bloodstock for $925,000 Repole Stable and St. Elias Stables. Sam Son Farm consigned the pony Hip 1107.
St. Elias Stables made a total of seven purchases, spending a total of $2,715,000 with an average of $387,857 per person to be the top buyer of the sale.
Pleasant fall weather greets buyers when inspections are conducted on October 22.
“I think everyone in the horse business has to say it’s been a great year from start to finish. If you go back to the first two-year sale of the year in March, there’s demand from the elite. traffic has skyrocketed,” said Eaton Sales shipper Reilly McDonald. “If you look at every sale right from June, July, Saratoga, September, the upper class horses have sold through the roof, I believe it’s because the wealth is more than twice as high. That’s a lot of disposable capital, but when you get into the mid- and lower-tier horses, those markets are already tighter, good enough, but certainly not as strong as they were five years ago. of the high-end segment.
“No complaints from me, that’s great, but I think we’re seeing a bit of a rearrangement of values. Just a year ago we saw Book 5 at Keeneland as the strongest book yet. that they have, but not this book. … and I think that’s where the economy is hitting the lower end, mid-tier buyers.”
Longtime Top Shipper Taylor Made Sales Agency saw 82 of its 103 horses sold for a total of $4,249,500 making it the top shipper by total sales. in 2021. This year Taylor Made offers 106 stallions for consideration, sold from stalls 12 and 16.
Sales agent shipment by Taylor Made at FT October Yearlings Sale
Denali Stud brings in a sketch of 36 crossbreds for review by established seniors and new broodstocks with their first mating in 2022.
“We have a good team here at Fasig-Tipton in October, and I expect to see strong demand and the market here continue,” said Conrad Bandoroff, vice president of Denali Stud. “Talking to the folks here, quite a few said they weren’t able to fulfill orders and buy enough horses. This sale has evolved into a sale that many people circle on their calendars. That. proven time and time again that good horses are sold here, not a ‘get off the bus’ stop, and here quality services are available.
“We have a number of horses that we definitely feel are well stacked and should be well received. The traffic is heavy, we are the first stop for many people because of the location of our stables, and There have been some mornings we’ve blown our legs off with so many people passing by.”
As of October 23, Fasig-Tipton reports 182 horses have been withdrawn from sale, beginning at 10 a.m. ET October 24 with Hips 1-398 expected to go through the ring.
