File photo of a sale in Timonium by The Racing Biz.

The first day of the two-day Fasig-Tipton Midlantic fall yearling sale saw gross sales rise by more than 11 percent versus the opening day of last year’s event, though the average fell and the buyback rate was slightly higher.

In all, 122 horses changed hands during day one, fetching a combined total of $2,983,600.

Two first-day horses generated six-figure winning bids. The day-topper was a New York-bred Cupid colt, who brought a winning bid of $160,000. Consigned by Eaton Sales as agent, he went to Xtreme Racing Stables LLC.

The millionaire and Grade 1 winner Cupid’s oldest offspring are yearlings of this year. He stands for $10,000 at Kentucky’s Ashford Stud. The day-topper, which was hip number four, is out of the winning Stravinsky mare Gottah Penny. This colt is a half to two stakes-placed runners.

The other six-figure horse came out just two hips later. A filly by Overanalyze, she was consigned by Hibiscus Sales and fetched a top bid of $120,000 from Cutair Racing.

She has quite a female family behind her. She’s out of the stakes-winning Distorted Humor mare Heavenly Humor and is a half to eight winners, including two stakes winners and four other horses that have earned six figures.

She was also bred in New York, as were hips 1-154, as Fasig-Tipton made the decision to front-load the event’s sizable New York-bred contingent. The state with the largest contingent is Maryland, which had 207 prior to outs.

The 122 horses that sold brought an average price of $24,456. That figure was down nearly seven percent with the opening-day number a year ago, though it was almost exactly in line with last year’s two-day average of $24,253.

Forty horses entered the ring but failed to find a buyer, meaning the buyback rate was 24.7%. Last year’s opener saw a very slightly lower buyback rate of 23.9%.

Only three of 11 horses flagged as The Racing Biz Hips to Watch went through the ring today:

  • Hip 21, a Nyquist colt, failed to meet its reserve after attaining a top bid of $170,000;
  • Hip 169, a filly by Touris, brought a winning bid of $34,000 from MCA Racing Stable LLC; and
  • Hip 198, a Weigelia filly, was purchased by Butch Reid as agent for LC Racing LLC for $52,000.