Fasig-Tipton 2yo sale tops $34 million
Frank Vespe- May 23, 2023
This week’s Fasig-Tipton Midlantic two-year-olds in training sale didn’t set a record. But it didn’t miss by much, either.
“It was a great two days again here in Maryland,” said the company’s Midlantic sales director, Paget Bennett. “There was competition; the ones they want, they all go to battle.”
All told, 375 horses found new owners during the two-day event. The average hit nearly $92,800, down about 2.7% from last year’s average of almost $95,400. The median rose from $47,000 to $50,000, while the buyback rate declined to just 14.2%.
In all the sale generated nearly $34.8 million, off by 6.7% from last year’s record of almost $37.3 million but still the second-highest total ever.
A key reason it declined: last year’s sale included a horse that brought a winning bid of $3.55 million. The sale topper this year went for $1 million.
“The buyers came from all over,” Bennett said. “Every year, we see newer buyers, and that’s very rewarding.”
The $1 million sale topper was an Arrogate filly consigned by Hartley/De Renzo Thoroughbreds as agent and purchased by Kerri Radcliffe, agent. The filly breezed an eighth in 10 seconds flat, tied with five others for the fastest move of last week’s breezes. Out of the winning Mutakddim mare Twixy, she is a half-sister to the stakes winner Twixy Roll and from the same female family as Breeders’ Cup Dirt Mile winner Caleb’s Posse.
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The filly was the only horse to surpass the half-million mark today after six did so Monday.
Legion Bloodstock went to $450,000 for the top Midlantic-bred horse. That was a Maryland-bred Maclean’s Music colt that was also consigned by Hartley/De Renzo. Out of the Yes It’s True mare Martini, the colt is a half-brother to the stakes winner Dirty and worked an eighth in 10 1/5 seconds.
One factor helping to bolster this year’s sale: Mage, the Kentucky Derby winner, was sold here a year ago.
“It was huge, just to have such a big horse,” Bennett said. “It was thrilling for the people involved. It was a good story, and it was a feel-good thing all the way around.”
The same people behind Mage – Gustavo Delgado, Jr.’s OGMA Investments LLC and Ramiro Restrepo’s Marquee Bloodstock – on Tuesday went to $300,000 to get an Into Mischief colt out of the Successful Appeal mare Song to the Moon, which was consigned by De Meric Sales as agent. The colt, a half to the Grade 2 winner Jeltrin, worked a furlong in 10 2/5 seconds.
Fasig-Tipton has added a second Midlantic two-year-old sale this year. That will take place June 28, with breezes to take place June 26, also at the Timonium Fairgrounds.
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