Curlin, Medaglia d’Oro Star at Fasig Tipton

Curlin, Medaglia d’Oro Star at Fasig Tipton

Curlin, Medaglia d’Oro Star at Fasig Tipton

by Fasig-Tipton

The Saratoga Sale got off to an spectacular start Monday night, with average and median eclipsing last year’s figures and an exceptionally low RNA rate.

A colt by Curlin (Hip 45) proved most popular Monday night during the first session of The Saratoga Sale, breaking the seven-figure mark when hammered down for $1,000,000 to Eric Fein (video). The colt, offered by Denali Stud for breeder Stonestreet Farm, is out of Princess Rooney H. (G1) winner River’s Prayer (Devon Lane), who has already produced three winners.

One hip earlier, a son of Medaglia d’Oro (Hip 44) offered by Gainesway came near the top mark when sold for $900,000 to the partnership of Mike Repole and Eclipse Thoroughbred Partners. Towards the close of the session, an Into Mischief half-brother (Hip 98) to graded stakes winners Ami’s Holiday and Ami’s Mesa brought $850,000. The colt was purchased by Lael Stable from the consignment of Warrendale Sales, agent for breeder Tall Oaks.

Curlin was also responsible for the session’s top filly when his daughter (Hip 34) out of a half-sister to Grade 1 winning juvenile Sky Diva sold for $750,000 to Juddmonte Farms. The session’s leading lady was consigned by Blake-Albina Thoroughbred Services.

“We’re obviously very pleased with the opening session of the 2017 Saratoga Yearling Sale,” said Fasig-Tipton President Boyd Browning. “[We’re] very encouraged by RNA rate of about 18% tonight, which is pretty spectacular in a select marketplace. It’s certainly a very good start: average up, median up, RNA rate down. It’s kind of the trifecta that you hope for from a sales perspective.”

Among first crop yearling sires, Will Take Charge took the lead late in the session when his son (Hip 107), the first foal of stakes winner Winter Brook (Any Given Saturday) was picked up by Kerri Radcliffe Bloodstock for $475,000. The colt was consigned by Dromoland Farm.

“It’s only halftime,” added Browning. “A lot of work to do tomorrow night, but a really exciting group of horses to have on offer tomorrow night, so we’re very pleased at the halfway point of the sale.”

Overall, 75 yearlings changed hands for a total of $24,425,000, yielding a healthy average of $325,667, 11% higher than the 2016 sale, and a median of $300,000, an increase of 26% over last year. Fourteen horses brought $500,000 or more. The session’s RNA rate was 18.5%.

Session results are available at www.fasigtipton.com.

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Shayne Heffernan Funds Manager at HEFFX holds a Ph.D. in Economics and brings with him over 25 years of trading experience in Asia and hands on experience in Venture Capital, he has been involved in several start ups that have seen market capitalization over $500m and 1 that reach a peak market cap of $15b. He has managed and overseen start ups in Mining, Shipping, Technology and Financial Services.

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