The Texas Summer Yearling and Mixed Sale held Monday at Lone Star Park concluded with gains in average and gross receipts. The sale was sponsored by the Texas Thoroughbred Association and Lone Star Park.
In the yearling session, 42 of 65 head sold for a total of $506,000, which was an increase of 22.1% from last year, when 44 of 82 sold for $414,300. This year's average came in at $12,048, up 28% from last year's $9,416. The median this year dropped to $5,000 from $7,750. Buybacks at this year's sale were 35.4% compared to 46.3% last year.
“Even with a smaller catalog this year, it's encouraging that we were able to increase the gross sales along with a big surge in the average,” said Tim Boyce, sales director.
Hip 61, a Louisiana-bred colt by Shanghai Bobby, topped the sale after commanding a $115,000 bid from Summer Grove Farm. The yearling was consigned by Clear Creek Stud LLC, agent.
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