First day of Fasig-Tipton 2yo sale sees $13.1 million in sales

The first of two days at the Fasig-Tipton Midlantic two-year-olds in training finished with 142 horses changing hands and gross sales of more than $13.1 million. Day two kicks off tomorrow at 11 a.m. at the sales pavilion at the Maryland state fairgrounds in Timoinum.

The average for the day was $92,690, nearly identical to the average for last year’s sale. The median of $48,500 was slightly below last year’s $50,000.

The day one topper was a filly by Bernardini out of the unraced Medaglia d’Oro mare Rubies Are Red. Consigned by Crane Thoroughbred Services as agent, she fetched a top bid of $650,000 from Pedro Lanz as agent for KAS Stables after breezing an eighth in 10 seconds flat.

The Bernardini filly was one of three two-year-olds to fetch winning bids of $500,000 or more on the day. The other two were hip 168, a Good Magic colt who brought a top bid of $525,000, and hip 171, a Justify filly who brought $500,000. Both worked an eighth in 10 2/5 seconds.

The Good Magic colt is out of the winning Discreet Cat mare Mellonbrook and a half to two winners. He was consigned by Wavertree Stables Inc. (Ciaran Dunne) as agent, and KSI signed the ticket.

The Justify filly is out of the Jazil mare Mia Karina, a 14-time winner and Puerto Rican horse of the year. She was consigned by SGV Thoroughbreds LLC (Steven Venosa) and purchased by Case Clay Thoroughbred Management.

A dozen horses bred in the Mid-Atlantic sold during the day, all but two bred in Maryland. The topper of the group was hip 273. That Maryland-bred – who is also Delaware certified, Virginia certified, and Maryland Million eligible – brought a top bid of $95,000.

He is a colt by Uncle Lino out of the winning Trappe Shot mare Rosie Belle, and he worked an eighth in 10 1/5 seconds. He was consigned by Fast Horses as agent and purchased by July Johnson.

While most of the day one numbers were approximately in line with 2023, the buyback rate on the first day was notably higher. Of the 191 horses that went through the ring, 49 – 25.6% — did not find a new home. In 2023, the buyback rate was just 14.2%. Some of those bought back, of course, may still be sold on the grounds.

The two horses with the fastest recorded works – 9 4/5 seconds for an eighth – sell Tuesday.