Fasig Tipton 2 Year Old Sale: The Hot Lots Day 1

Fasig Tipton 2 Year Old Sale: The Hot Lots Day 1

Fasig Tipton 2 Year Old Sale: The Hot Lots Day 1

Day 1 of the Fasig Tipton 2 Year Old Sale opened with strong bidding and great pricing, Filly’s were very popular and a number of Sires produced great results.

Led by a filly by the late Smart Strike, a trio of six-figure fillies topped the first session of the Midlantic Two-Year-Olds in Training Sale held Monday in Timonium, Maryland.

Hartley/de Renzo Thoroughbreds offered the session-topper, a Smart Strike filly catalogued as Hip 79. She was purchased for $525,000 by Xavier International Bloodstock. The chestnut filly worked an eighth in 10:0 during the final day of last week’s under tack show. Her dam, the stakes winner Salty Response, is a half-sister to multiple graded stakes winner Salty Strike, herself by the sire of Hip 79.

Statistics for 5/22/2017 THRU 5/23/2017 Sale
Date Sold Total Average Not Sold Median Status
5/22/2017 162 $11,537,500 $71,219 54 $40,000 Completed
5/23/2017 0 $0 $0 0 $0 Pending
TOTALS 162 $11,537,500 $71,219 54 $40,000 Pending
Statistics for previous 5/23/2016 THRU 5/24/2016 Sale
Date Sold Total Average Not Sold Median
5/23/2016 157 $10,715,700 $68,253 72 $34,000
5/24/2016 180 $12,420,700 $69,004 46 $32,000
TOTALS 337 $23,136,400 $68,654 118 $32,000

Into Mischief, Leading Sire of Two-Year-Olds in 2016, sired the co-second priced offerings: Hip 34, offered by Wes Carter, agent for Carolyn Vogel, sold for $425,000 to Donato Lanni, agent for an undisclosed buyer; Hip 123 was purchased for the same price by Speedway Stables from the consignment of McKathan Bros., agent.

In total, 38 two-year-olds eclipsed the six-figure mark, including a trio of $300,000+ colts: Hip 195, a Blame half-brother to recent Grade 2 winner Arklow, which sold for $375,000 to Charles Boden Thoroughbreds, agent from the consignment of Crupi’s New Castle Farm; Hip 13, a Curlin colt from the Bobby Dodd consignment which caught the eye of Charles Zacney for $350,000; and Hip 262, a colt from the first crop of Orb which sold for $310,000 from the consignment of Niall Brennan Stables, agent for Jake Ballis, agent.

162 horses sold for a total of $11,537,500, compared to 157 sold for $10,715,700 during the first session in 2016. The average was $71,219, up 4.3% from $68,253 average in the first session last year, and the median of $40,000 was good for a 17.6% increase from last year’s first session median of $34,000. The RNA rate was 25.0%, down from 31.4% during the first session last year.

The Midlantic Two-Year-Olds in Training Sale resumes Tuesday at 11AM. Results are available online.

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S. Jack Heffernan Ph.D. 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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