Fasig Tipton Day 2: Curlin Owns the Day

Fasig Tipton Day 2: Curlin Owns the Day

Fasig Tipton Day 2: Curlin Owns the Day

by Fasig-Tipton

A chestnut colt by Curlin (Hip 388) led the way at the 2017 edition of the Midlantic Two-Year-Olds in Training Sale when sold for $1,500,000 during the second and final session of the sale on Tuesday. The price tag was both a record for this sale and for a Thoroughbred sold at public auction in the state of Maryland. This increasingly popular sale produced a seven-figure sale-topper for the third consecutive year.

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 168 $13,699,500 $81,545 28 $33,500 Completed
TOTALS 330 $25,237,000 $76,476 82 $35,000 Completed
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

The sale-topper, whose physical was strongly reminiscent of his sire, was purchased by Breeze Easy & John C. Oxley from the consignment of Hartley/de Renzo Thoroughbreds, agent. The seller purchased the colt from the 2016 Fasig-Tipton July Sale, which he sold for a sale-topping $475,000 when offered by St George Sales.

Several other colts proved popular on the day, including an $850,000 Distorted Humor half-brother to Grade 1 winner Lochte (Hip 490, purchased by Simon Callaghan, agent from the consignment of Eddie Woods, agent); an $800,000 Ghostzapper colt out of a full sister to graded stakes winners Kauai Katie and Winding Way (Hip 516, purchased by Baoma Corp from the consignment of Cary Frommer, agent); and a $710,000 colt from the first crop of Orb (Hip 373, purchased by Dennis O’Neill from the consignment of Crupi’s New Castle Farm).

The sale’s top-selling filly was the first session’s top-priced offering, a Smart Strike filly (Hip 79) offered by Hartley/de Renzo Thoroughbreds, agent which fetched $525,000 from Xavier International Bloodstock, agent.

All told, 78 two-year-olds sold for six figures or more, compared to 69 in 2016.

In total, 330 horses changed hands for a total of $25,237,000, good for a 9.1% increase over last year’s gross of $23,136,400 for 337 sold. The average was $76,476, an 11.4% increase over $68,654 in 2016, while the median was $35,000 up 9.4% from $32,000 last year. The RNA rate was 19.9%, compared to 25.9% in 2016.

Full 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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