Hip 96,  2013 The Sarataoga Selected Yearling Sale

(Fasig-Tipton Photo)

The lone Virginia-bred yearling remaining in the Fasig-Tipton Saratoga Select Sale brought a final bid of $250,000 from Roy and Gretchen Jackson’s Lael Stables.  The Jackson ascended to the pinnacle of racing when their Barbaro won the Kentucky Derby onl y to experience the darkest point in the game when he broke down in the Preakness.  That same year, the Jackson’s won the Colonial Turf Cup with Showing Up who was bred in Kentucky by Virginian Nellie Mae Cox.

While the second session of the historic sale did not feature any seven figure yearlings, bidding was strong and the buy-back rate declined from 55 to 29 horses.  The overall average fell a mere 1% (to be expected when the buy-backs drop so sharply) from $299,065 to $295,093.  The 2012 sale sold 107 yearlings for $32 million while this year’s sale saw 108 horses sell for $31,870,000.

The second night of the sale was topped by a colt from the last crop of Indian Charlie who sold for $750,000 and a War Front filly that fetched $650,000.

No known Virginian was listed as a buyer in the final sale’s report.

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