Fasig-Tipton October yearling sale opens with $15.3 million in sales

The Fasig-Tipton Kentucky October Yearling Sale opened in Lexington with 265 yearlings grossing a total of $15,294,000. While the session average of $57,713 represented a 9% decrease from the previous year, the median price rose 23% to $37,000.

Four horses sold for $300,000 or more during the first session. The highest bid of the day was $360,000 for a colt by Constitution, consigned by Woods Edge Farm and purchased by KSI. Other notable sales included a filly by Twirling Candy which sold for $325,000 to First Row Partners, a colt by Tapit for $300,000, and a colt by Gun Runner for $300,000.

Fasig-Tipton President Boyd Browning, Jr. described the opening as a “solid opening session,” noting that while the rate of horses not accepted (RNA) was slightly higher than desired, the quality of the catalog is expected to improve as the auction progresses through the week.