2024 Yearling Sales Guide

Page 1


2024

YEARLING SALES THE JULY SALE

03

July 9 • Lexington, KY

THE SARATOGA SALE

11

Table of

CONTENTS

August 5 - 6 • Saratoga Springs, NY

NEW YORK BRED YEARLINGS

23

August 11 - 12 • Saratoga Springs, NY

CALIFORNIA FALL YEARLINGS

31

September 24 • Pomona, CA

MIDLANTIC FALL YEARLINGS

37

September 30 - October 1 • Timonium, MD

KENTUCKY OCTOBER YEARLINGS October 21 - 24 • Lexington, KY

43


fasigtipton.com // 1



SELECTED YEARLINGS

S T R O N G M A RK E T FO R P REC O C I O U S A N D AT H L E T I C Y E A RL IN G S T H AT AT T R AC T S T H E S P O R T ’S L E A D IN G EN D - U S ER S.

July 9, 2024 L exington , KY

The July Sale // 3


2023 JULY SALE STATS GROSS

AV ER AG E

MEDIAN

$20,732,000

$98,724

$77,000

JULY PRODUCED THE HIGHEST-PRICE YEARLING COLT OR FILLY * FOR

26 SIRES IN 2023 40% OF YEARLINGS SOLD BROUGHT $100,000 OR MORE *North America

4 // The July Sale


SALE TOPPER

$475,000 AUTHENTIC – SCENT OF SUMMER F. Breeder: Spendthrift Farm (KY ) Buyer: Alex & JoAnn Lieblong Consignor: Taylor Made Sales Agency, agt for Spendthrift Farm

The July Sale // 5


5 OF 6 HIGHEST PRICE YEARLINGS BY PROVEN SIRES:

$370,000

GOOD MAGIC – SCOLDING C . Buyer: Boardshorts Stables LLC

$330,000

$300,000

GOOD MAGIC – BOLA DE CRISTAL (IRE) C.

NOT THIS TIME – EMBUR’S ZIP C.

Buyer: Wesley Ward

Buyer: Pin Oak Stud

$310,000

$290,000

BLAME – BARBARA GORDON C. Buyer: Kenneth McPeek, agt for Baccari, DWF

6 // The July Sale

UNCLE MO – SOCIAL CALL F. Buyer: Hartley/De Renzo Thoroughbreds


SUCCESS WITH FIRST CROP SIRES:

$475,000

$250,000

AUTHENTIC – SCENT OF SUMMER F.

THOUSAND WORDS – IZSHELEGAL F.

Buyer: Alex & JoAnn Lieblong

Buyer: Stanley Stables

$285,000 VOLATILE – WHISPER TO ME F.

$200,000 SPUN TO RUN – AGGREGATOR F.

Buyer: Kenneth McPeek, agt

Buyer: Alex & JoAnn Lieblong

$260,000

$200,000

MCKINZIE –BERNADREAMY C.

VEKOMA – ADVANCED GREEN C.

Buyer: GS Inversiones Hipicas LLC

Buyer: Lothenbach Stables Inc.

Y E A R L I N G S BY F I R S T- C R O P S I R E S AV E R AG E D

NEARLY 6 TIMES THEIR SIRES’ 2020 STUD FEE! *

*Sires with 2 or more sold

END-USERS PURCHASED 9 OF TOP 10 OFFERINGS

The July Sale // 7


“That was a filly that we were very proud of. We really debated on what sale to put her in, where she would make the most sense. And we thought, let’s take her out to July and try to make a bit of a splash… everything came together really nicely. She showed herself nicely out here and had plenty of interest.” - Ned Toffey, Spendthrift Farm, on sale topping Authentic filly

“The better ones you have to pay a little bit more for, but that’s typical. Overall, we are really pleased.” - Kenny McPeek, Leading Buyer by Gross in 2023

“I feel we overpaid for both… We went above what we were planning to spend on both of them.” - Neil Pessin, Purchased Vekoma colt ($200,000) and Spun to Run colt ($125,000)

“We are into day three of showing. The first two days were very strong. Early on Saturday, we were covered with all-lookers and yesterday it started to separate into, ‘OK, these are the ones we like,’ and still we had nothing but dead steady, all-day long, great traffic.” - Kerry Cauthen, Four Star Sales

8 // The July Sale


The July Sale // 9



SELECTED YEARLINGS

T H E C R OW N J E W EL O F A M ERI CA N Y E A RL IN G SA L ES, SA R ATO G A S E T N E W SA L E REC O RD S FO R T H E S EC O N D C O N S EC U T I V E Y E A R W I T H A S IZ ZL IN G M A RK E T P L AC E IN 202 3.

August 5-6, 2024 Saratoga S prings , NY

The 103rd Saratoga Sale // 11


2023 SARATOGA SALE STATS RECORD GROSS

RECORD AV ER AG E

RECORD MEDIAN

$75,055,000

$487,370

$375,000

+12% OVER 2022

+4% OVER 2022

TIED WITH 2022

10 YEARLINGS SOLD FOR $1,000,000 OR MORE

164

% R AT E O F R E T U R N ON STUD FEE*

EASILY #1 IN NORTH AMERICA! *Per The BloodHorse (Based on 2021 Stud Fees)

12 // The 103rd Saratoga Sale


HIG H ES T P RI C E Y E A RL IN G S O L D IN T H E WO RL D IN 2023 WAS S O L D AT SA R ATO G A

$4,000,000 CURLIN – BEHOLDER C. Breeder: Spendthrift Farm (KY ) Buyer: Donato Lanni, agt for Zedan Racing Consignor: Taylor Made Sales Agency, agt for Spendthrift Farm * Most expensive yearling sold at The Saratoga Sale since 2000 * 3rd most expensive yearling sold in the history of The Saratoga Sale

The 103rd Saratoga Sale // 13


TOP SIRES SHINE BRIGHTER AT SARATOGA SARATO GA PRO D U C ED TH E H I G H EST- PR I C E YEAR LI N G C O LT O R FI LLY FO R 27 S I R ES I N 2023 : *North America • AUTHENTIC (TIE)

• CONSTITUTION

• GOOD MAGIC

• BLAME

• CURLIN

• GUNNEVERA

• CITY OF LIGHT

• ENGLISH CHANNEL

• HARD SPUN

9 S I R ES AVERAG ED $ 5 0 0 , 0 0 0 O R M O R E (2 O R M O R E S O LD)

SIRE

OFFERED

SOLD

GROSS

CURLIN

7

6

$7,400,000

INTO MISCHIEF

11

9

$9,310,000

TAPIT

5

4

$3,300,000

QUALITY ROAD

7

5

$3,005,000

GUN RUNNER

12

9

$5,050,000

TWIRLING CANDY

5

3

$1,625,000

CITY OF LIGHT

2

2

$1,050,000

AUTHENTIC

15

11

$5,620,000

CONSTITUTION

6

5

$2,500,000

14 // The 103rd Saratoga Sale


• IMPROBABLE

• OMAHA BEACH

• TAPIT

• INTO MISCHIEF

• OSCAR PERFORMANCE

• TOM’S D’ETAT

• JUSTIFY

• PRACTICAL JOKE

• TWIRLING CANDY

• KANTHAROS

• QUALITY ROAD

• VIOLENCE

• MIDNIGHT LUTE

• SPEIGHTSTOWN

• WAR FRONT

• MUNNINGS

• STREET BOSS

• WAR OF WILL

22 D I FFER ENT B UYI N G ENTITI ES S PENT $1 M I LLI O N O R M O R E .

AV E R AG E

MEDIAN

HIGH

$1,233,333

$750,000

$4,000,000

$1,034,444

$800,000

$3,200,000

$825,000

$875,000

$1,200,000

$601,000

$650,000

$1,100,000

$561,111

$650,000

$1,000,000

$541,667

$385,000

$1,000,000

$525,000

$525,000

$650,000

$510,909

$450,000

$875,000

$500,000

$425,000

$900,000

The 103rd Saratoga Sale // 15


“The Fasig-Tipton Saratoga Sale of Selected Yearlings, which looked to have a tough task to live up to its record-smashing 2022 renewal, proved more than equal and, when a fast and frenetic session concluded Tuesday night, the auction had once again set high-water marks for gross and average and tied its record median.” - Thoroughbred Daily News, 8/9/23

“This is definitely my top sale from a breeding standpoint. I’ve only got about five or six mares, and we primarily sell [the foals].” - Scott Dilworth, Breeder of $1,050,000 Curlin filly

“This sale has been very good to us. We walked away from here with a Classic winner [in 2021] [subsequent 2023 Preakness S. (G1) winner National Treasure]. We are excited about [G1 winning 2YO of 2023] Prince of Monaco [purchased in 2022]. - Tom Ryan, SF Racing

“…with a pedigree like that you have to take a swing at it if you want to play at that top level, which is where Mr. Zedan wants to be. It’s a lot of money for a horse who hasn’t run, but he looks like an athlete and hopefully everything goes well. He’s an outstanding individual. We loved him at the barn and we are excited to get him.” - Bob Baffert, Buyer of Sale-Topping $4,000,000 Curlin-Beholder colt

16 // The 103rd Saratoga Sale


“We always aim to bring as high a caliber as we can here… and we usually end up with a really select group.” - Brian Graves, Gainesway

“It was a beautiful day and a beautiful night, very electric. Fasig-Tipton did a very good job bringing a lot of good horses here. Everybody is here and there are plenty of good horses. It’s good to see the market be as strong as it is.” - Donato Lanni, Leading Buyer as Agent in 2023

The 103rd Saratoga Sale // 17


WHERE THE PLAYERS PLAY!

BARBARA BANKE & JOHN MOYNIHAN

BOB BAFFERT & AMR ZEDAN

LARRY BEST

PETER BRANT


CHUCK SONSON

DAVID REDVERS

TERRY FINLEY

GUS KING

HIDEYUKI MORI

DAVID INGORDO


JOSEPH O’BRIEN

MV MAGNIER & PAUL SHANAHAN

MATT DORMAN

DONATO LANNI

MASAHARU TOKUNAGA & NAOHIRO HOSODA

MANDY POPE


TOM RYAN

CHARLOTTE WEBER

SHEIKH FAHAD AL THANI

ARON WELLMAN



SELECTED YEARLINGS

T H E # 1 M A RK E T P L AC E FO R N E W YO RK- BRED S, H EL D D U RIN G T H E SA R ATO G A R AC E M EE T.

August 11-12, 2024 Saratoga S prings , NY

NY Bred Yearlings // 23


2023 NY BRED YEARLINGS SALE STATS RECORD GROSS

AV ER AG E

MEDIAN

$20,929,000

$95,132

$75,000

2 nd Consecutive Year w/ $20,000,000+ Gross

#3 in Sale History

#2 in Sale History

26 YEARLINGS

91 YEARLINGS

SOLD FOR $200,000 OR MORE

SOLD FOR $100,000 OR MORE (+34% OVER 2022)

NY BRED YEARLINGS SALE PRODUCED THE HIGHEST-PRICE YEARLING COLT OR FILLY FOR

18 SIRES IN 2023 *NORTH AMERICA

24 // NY Bred Yearlings


NY Bred Yearlings // 25


CO-SALE TOPPER

$380,000 VIOLENCE – LIAM’S LOOKOUT C. Buyer: Baccari Bloodstock Consignor: Hill ‘n’ Dale at Xalapa, agt

26 // NY Bred Yearlings


CO-SALE TOPPER

$380,000 PRACTICAL JOKE – GOLDEN MYSTERY C. Breeder: Donald Michael McCormick Buyer: Tom McCrocklin, agt Consignor: Nardelli Sales, agt

NY Bred Yearlings // 27


LEADING NATIONAL AND NEW YORK-BASED STABLES TARGET THIS SALE. B UYERS I N 2023 I N C LU D ED :

• KLARAVICH STABLES • CHC/SIENA FARM/MAVERICK RACING • CHRISTOPHE CLEMENT • THE ELKSTONE GROUP • MY RACEHORSE & RT RACING • WHISPER HILL FARM • ECLIPSE THOROUGHBRED PARTNERS • REPOLE STABLE • OXO EQUINE • WEST POINT THROUGHBREDS & SONSON • SOLIS/LITT • CALUMET FARM • AUGUST DAWN FARM • REEVES THOROUGHBRED RACING

28 // NY Bred Yearlings


“To me, he looked extremely sound and he had a lot of good qualities about him that were unique for his pedigree. That’s why I told Kenny [McPeek] and Toby [Keith] that this one we would have to stretch on.” - Chris Baccari, Agent for Toby Keith, Buyer $380,000 Violence colt

“She’s been really nice ever since she was born. We thought she would bring $80,000 to $125,000 before the timely update that happened Friday. Certainly we were watching out for that horse. Once that happened, we thought we would get into the high $100,000s. She got over $200,000 and we are very happy with the hands that she’s in.” - Kip O’Neill, Windylea Farm, breeder of $235,000 Practical Joke filly

“It’s always more than you want to pay… Saratoga probably adds a little to it.” - Phil Hager, Taproot Bloodstock, Agent for Carem Stables, a Leading Buyer by Gross in 2023

NY Bred Yearlings // 29



California Fall Yearlings & HORSES OF RACING AGE

A S H OWCAS E O F T H E BES T O F T H E CA L IFO RN I A- BRED Y E A RL IN G C R O P, AS W EL L AS Y E A RL IN G S BRED IN OT H ER S TAT ES.

S eptember 24, 2024 Pomona , CA

California Fall Yearlings // 31


2023 CALIFORNIA FALL YEARLINGS STATS (Horses of Racing Age Excluded) GROSS

AV ER AG E

$5,218,000

$33,025

+9% OVER 2022

+14% OVER 2022

22 YEARLINGS SOLD FOR $75,000 OR MORE

“If you participate in the California-bred program, you will find the best of the crop here. We are very pleased with the quality we found at this year’s sale.” - Terry Finley, West Point Thoroughbreds

32 // California Fall Yearlings


SALE TOPPER

$250,000 VRONSKY – SEASONTOPERFECTION C. Breeder: Old English Rancho & Ken Tevelde (CA) Buyer: West Point Thoroughbreds Inc. Consignor: Harris Farms Inc., agt

California Fall Yearlings // 33


OTHER TOP HIPS:

$225,000 STAY THIRSTY – MY FIONA C. Buyer: Steve Knapp, agt for Todd Sheehan

$200,000

$150,000

IMPROBABLE – DIVA’S TRIBUTE F.

MR. BIG – KEEP THE MAGIC C.

Buyer: Eric & Sharon Waller

Buyer: Legacy Racing Inc.

$200,000

$125,000

FLATTER – RAPID REPAIR C.

PROMISES FULFILLED – MERADA C.

Buyer: Slugo Racing

Buyer: Simon Callaghan, agt for Amo Racing

$160,000

$120,000

MENDELSSOHN – RINGMISTRESS F.

VRONSKY – GLASLYN F.

Buyer: Sara Landon

Buyer: William Peeples

“Fasig-Tipton puts together a terrific group of yearlings every year. Good quality, a nice variety of pedigrees and physicals, truly something for every budget. The bonus structure in California for the state breds is great, and this sale has become essential if you’re going to participate. I am more than pleased with the results I’ve had relative to money spent. Especially considering I haven’t had to travel to do so.” - Gary Mandella, Trainer

34 // California Fall Yearlings


California Fall Yearlings // 35



S EL L YO U R Y E A RL IN G S IN T H E H E A R T O F T H E R AC IN G - RI C H M ID L A N T I C REG I O N , W H I C H BOAS T S M O RE R AC E T R AC KS T H A N A N Y OT H ER A RE A O F T H E C O U N T RY.

S eptember 30 - O ctober 1, 2024 Timonium , MD

Midlantic Fall Yearlings // 37


2023 MIDLANTIC FALL YEARLINGS SALE STATS GROSS

AV ER AG E

$7,082,000

$24,421

38 // Midlantic Fall Yearlings


SALE TOPPER

$205,000 NYQUIST – HOW MY HEART WORKS C. Breeder: Bowman & Higgins Stable (MD) Buyer: Thorostock LLC & Seth Morris Thoroughbreds Consignor: Becky Davis Inc., agt

Midlantic Fall Yearlings // 39


OTHER TOP HIPS:

$145,000

$175,000 STREET SENSE – VICTORY RALLY C. Buyer: Thorostock LLC & Seth Morris Thoroughbreds

MACLEAN’S MUSIC – MY HAPPY PLACE C. Buyer: Scanlon Training & Sales

$135,000

$170,000 VEKOMA – UNDISPUTED LEGEND F. Buyer: Golden Lion Racing

CLASSIC EMPIRE – ADORABELLA C. Buyer: LC Racing LLC

$130,000

$155,000

MAXIMUS MISCHIEF – FLATTER’S SECRET C.

GOOD MAGIC – TAP THE MAGIC C. Buyer: YNOT Stables

Buyer: LC Racing LLC

There were too many things to like about him not to take a swing at him. We just felt lucky that we had the money to buy him today… There’s good support for locally based Maryland-bred horses.” - Nick Sallusto, Thorostock, Buyer of Sale Topping $205,000 Nyquist colt

40 // Midlantic Fall Yearlings


TOP S EL L ERS IN CL U DED

Y E A RLINGS BRED IN MARYLAND PENNSYLVANIA KENTUCKY NEW JERSEY VIRGINIA NEW YORK

I’ve specifically focused on bringing everything to Maryland [to sell] and trying to improve our offerings” - Becky Davis, Consignor of Sale Topper

Midlantic Fall Yearlings // 41



THE GRAND FINALE OF YEARLING SALES SEASON, KENTUCK Y OCTOBER OFFERS A STRONG M A R K E T F O R H O R S E S AT A L L P R I C E L E V E L S .

O ctober 21-24, 2024 L exington , KY

Kentucky October Yearlings // 43


2023 KY OCTOBER YEARLINGS SALE STATS GROSS*

AV ER AG E

MEDIAN

$51,120,000

$48,045

$24,000

#3 in Sale History

#2 in Sale History

#2 in Sale History

3rd Consecutive Year $50,000,000+ in Gross

146 YEARLINGS SOLD FOR $100,000+ OR MORE

44 // Kentucky October Yearlings


SALE TOPPER

$725,000 JUSTIFY – PALACE PRINCESS C. Breeder: Andre Lynch & Pat Durtschi (KY ) Buyer: Jessie Longoria, agt for Kiehne & Brunson Consignor: Hunter Valley Farm, agt

Kentucky October Yearlings // 45


OTHER TOP HIPS:

$500,000

$460,000

JUSTIFY – CHAMPAGNE ROYALE C.

CURLIN – LOVE THE CHASE C.

Buyer: Gavin O’Connor agt for John Stewart

Buyer: Donato Lanni, agt for Frank Fletcher Racing Operations

$500,000

$460,000

BERNARDINI – KNARSDALE C.

CURLIN – MUNCHKIN MONEY F.

Buyer: Jessie Longoria, agt for Kiehne & Brunson

Buyer: Donato Lanni, agt for Michael Lund Petersen

$500,000

$380,000

INTO MISCHIEF – LIVE FOR NOW C.

UNCLE MO – JACARANDA F.

Buyer: Donato Lanni, agt for SF Bloodstock, Starlight Racing, & Madaket Racing

Buyer: Tom McCrocklin, agt for Champion Equine LLC

$500,000

$380,000

PRACTICAL JOKE – RUNNINWITHTHEWIND C.

MEDAGLIA D’ORO – MAGICAL F.

Buyer: Mayberry Farm

Buyer: Mayberry Farm

46 // Kentucky October Yearlings


“I love this sale. I’ve had a lot of luck here. It’s saved our bacon many times. Fasig-Tipton do such an amazing job here, accommodating everyone in this market. And they do a great job recruiting people to come in for it.” - Peter O’Callaghan, Woods Edge, Consignor of $500,000 colt Justify

“Obviously there is money here for the good ones. It’s a solid sale and it’s getting better every year.” - Agent Mike Ryan, who purchased 10 yearlings for $2,195,000

“The plan was already to bring him here because he was a late foal. He was an early May foal and we didn’t enter him in [any other sale]. He was just entered in October.” - Andre Lynch, co-breeder of Sale Topper

“October is a good time to sell yearlings; they put on good weight through September, come into October looking good, and present themselves well.” - Price Bell, Mill Ridge Sales

Kentucky October Yearlings // 47





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