Indiana Horse Racing Commission
By August 25, 2020 Read More →

Texas Summer Yearling and Horses of Racing Age Sale Posts Big Gain in Gross as Average and Median Trend Up

Hip 218 * Photo by Denis Blake/Texas Thoroughbred Association

The Texas Summer Yearling and Horses of Racing Age Sale, held jointly by the Texas Thoroughbred Association and Lone Star Park, posted a big gain in gross sales on Monday. The average and median also increased compared to last year, even with a much larger catalog on tap this year. The sale was held in the sales pavilion at Lone Star with appropriate safety measures in place, and online bidding was offered for the first time at the Texas sale.

For the yearling session, 106 head from 137 offered sold for a total of $1,347,700, compared to 42 of 65 sold last year for $506,000. That represents a 166.34% increase in gross sales. The average this year was $12,714, up 5.5% from last year’s $12,048, and the median rose to $5,100 from $5,000 for an increase of 2%. The buyback rate this year was 22.6% compared to 35.3% last year.

The format was altered this year to include a horses of racing age session, in part because of the cancellation of the 2-year-olds in training sale earlier this year due to the COVID-19 pandemic. The session had 15 horses sell from 18 offered for a total of $162,500 and an average of $10,833.

Last year’s summer auction had a traditional mixed session with 12 sold for $31,100.

“The results of this sale were strong on their own, and especially against the backdrop of a health pandemic,” said Tim Boyce, sales director. “With twice as many yearlings as last year, the fact that our average and median still went up shows that there’s a lot of demand in this region for quality stock. We were pleased with the response to online bidding as well.”

Al Pike, agent, bought the three highest priced horses, topped by hip 218, a Louisiana-bred colt from the first crop of Grade 1 winner Klimt. Consigned by Eaton Sales, agent for Coteau Grove Farms LLC, the January foal is the first out of the unraced Ghostzapper mare Ms. Character and sold for $120,000.

Pike also signed the ticket on the hip 203, who sold for $100,000 as the top filly and second-highest overall. Consigned by H & E Ranch, Roger Daly, agent, the Kentucky-bred daughter is also from the first crop of a Grade 1 winner in Classic Empire. She is out of Just Like Pop, by Unbridled’s Song, whose only foal to race is a multiple winner.

Pike also got the third-highest price from H & E Ranch and Daly with hip 243, a Kentucky-bred Lemon Drop Kid colt for $70,000.

From the horses of racing age session, the top price was hip 16, an unraced 2-year-old filly by Twirling Candy. Martin Racing Stable LLC bought her for $27,000 from Eaton Sales, agent.

Eaton Sales, agent, participating in the Texas sale for the first time, topped the list of consignors with gross sales of $454,800 from 28 sold. Roger Daly, agent, had the top average with eight sold for an average of $31,800.

For complete sale results, go to www.ttasales.com.

Posted in: TEXAS

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