F-T Midlantic Sale Tuesday

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Fasig-Tipton

The Fasig-Tipton Midlantic December Mixed and Horses of Racing Age Sale will be held Tuesday in Timonium. The one-day sale is comprised of 287 horses of all ages–including broodmares, yearlings and weanlings–as well as 76 horses of racing age.

“I think we are like no other sale,” said Fasig-Tipton Midlantic Director of Sales Paget Bennett. “We are just happy to be having a sale under these conditions. We have something that will peak everybody's interest. The beauty of this marketplace is we usually have something for all levels of buyers. We are looking forward to putting the sale on and hoping people go away with some successful racehorses.”

Last year's auction was topped by juvenile stakes winner Laddie Liam (Golden Lad), who summoned $450,000 from DJ Stable. He was sold as part of the dispersal of Joseph Besecker. The dispersal alone grossed $3,005,300 (nearly 69% of the total gross) with 95 of 97 offerings sold (the remaining two failed to receive a bid in the ring). The average was $31,635 and median was $18,000.

In total, the auction saw 249 horses sell for gross receipts of $4,383,700 at an average of $17,605 and median of $8,000. The RNA rate was 18.9%.

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