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Fasig-Tipton New York-bred Finishes On A High

Tuesday, 14th August 2012

Following yesterday's strong opening day statistics at the Fasig-Tipton New York-bred Yearling Sale, Day-2 finished even stronger with 20 US$100,00-plus horses sold. Topped by US$330,000 for a son of Gainesway Farm stallion Tapit (Pulpit-Tap Your Heels, by Unbridled), bloodhorse.com reported: "Cumulative sales for the auction were up 28% from 2011: 138 horses sold bringing US$8,632,000 compared to US$6,725,500 from 124 horses sold last year." While the average was up a strong 15% (US$62,551 compared to US$54,238 in 2011), it was the median increase that stood out, rising 43% (US$50,000, up from US$35,000). Fasig-Tipton president Boyd Browning commented after the sale: "Obviously we're very pleased with the momentum that continued forward from last year. It's pretty impressive to statistically look at this sale from 2010-2012 and see where it's gone in a two-year period of time." Acknowledging the impetus caused by potential slots revenue, Boyd observed: "It is truly remarkable and indicative of the significant impact racino slots have had on the marketplace."

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