Records set at Fasig-Tipton’s NY-bred sale

SARATOGA SPRINGS, N. Y .» Closing night of Fa sig-Tip ton’ s NY-bred preferred year ling sale built on the strong showing of Saturday’s opening session, helping the event soar to new records for gross sales ($18,492,000, a 14.0 percent increase over the previous record of $16,214,000 set last year) and average sale price ($107,512, a whopping 20.7 percent improvement over the previous mark of $89,088, also set last year).

Last night’s session also saw a new high established for an individual yearling, as hip no. 588, a colt by Pioneer of the Nile out of the A.P. Indy mare Score, went for $600,000. Thorndale Farm, Agent, consigned the colt, who was purchased by Shortleaf Stable. The colt is from the family of multiple Grade 1 winners Educated Risk and Hall of Famer Inside Information. The previous record, set last year, was $500,000 for Tut, an as-yet unraced son of Cairo Prince.

This year’s median price of $76,000 was also a new high, bettering last year’s $69,500.

The buy-back rate, which registered at 41.2 percent on Saturday, improved significantly at Sunday’s session, dropping to 27.6 percent. The overall rate for this year’s sale (34.6 percent) was significantly higher than last year’s record low of 25.4 percent but within range of the average of 31.2 percent for the eight previous sales since 2010.

Sunday’s second-highest seller was hip no. 573, a filly by Into Mischief out of six-time stakes winner Risky Rachel, by Limehouse, who went for a high bid of $350,000. Paramount Sales, Agent, consigned the filly, who was purchased by Kindred Sales LLC. The filly’s second dam is Grade 3 winner and $490k earner Dancin Renee. Her third dam is Lolli Lucka Lolli, producer of all-time New York-bred great Say Florida Sandy, who died at 24 last month.

City Zip (three sold for an average of $200,000) and Street Sense (three sold for an average of $166,667) had the best averages for sires with three or more yearlings sold. Next was second-crop sire Cairo Prince at $155,000 and first-crop sire Honor Code at $147,500. Individual offerings selling for $250,000 or more on Sunday included a second yearling by Into Mischief (hip no. 573, $350k), as well as yearlings by City Zip (hip no. 530, $300k), Blame (hip no. 547, $285k), Candy Ride (hip no. 577, $250k) and Hard Spun (hip no. 589, $250k).