A late night, but strong prices until the end
October 07, 2020
« Return to News
Tuesday’s second session of the Lexington Selected Yearling Sale turned out to be a marathon that showed strength until the very end at 12:20 a.m. on Wednesday. The sale topper was late in the sale when Hip 277 lit up the bid board at $225,000, but horses were still selling strong in the closing minutes of the session when at 12:18 a.m., Hip 314, a Chapter Seven colt, was sold for $200,000.
The sale topper, named Style For A Mile, is a filly by Captaintreacherous out of Ingenious Style, the dam of Winner Is Coming p,2, 1:51.3-‘20. Consigned by Kentuckiana Farms as agent, Dana Parham, who campaigns horses under the banner Odds On Racing, had the final bid.
All American Harnessbreds consigned Hip 314, named Zappa. A Feb. 20 foal, the colt is the first foal of Mrs. Frank (by Kadabra), a sister to the top trotting colt Strong Yankee. Marcus Melander signed the sales ticket, acting as agent for Lennart Agren’s SRF Stable.
Also in the later part of the sale, the Huntsville-sired filly Max Contract (Hip 288) was sold for $200,000 to the Andy Miller Stable, agent. The filly’s dam is the stakes-winning Big McDeal p,3, 1:49.1f, who has already produced the fast performers I’m a Big Deal p,2, 1:51.3; 3, 1:50.2f; 4, 1:49f and Deal The Cards BT1:52.1f-‘20.
A total of 181 horses were sold in the Tuesday night second session for an average price of $61,718. There were 31 horses that brought prices of $100,000 or more.
Some had predicted that due to the worldwide covid-19 pandemic, prices could drop as much as 20-30 percent, and the sale is presently hovering in that territory although the opening night average still topped the comparable barometer for the 2018 sale. The average price in this year's second session dropped 17.8 percent. Last year’s second session totaled 174 horses, averaging $75,103. Gross sales through the first two sessions topped $26.4 million, down from last year’s total of $31,274,000 for sessions one and two.
Thus far trainer Nancy Takter has signed more sales slips than any other purchaser. Takter had the final bids on 14 yearlings at a total cost of $1,628,000. Trainer Marcus Miller has signed slips for more money, finalizing the purchase of eight yearlings at a total cost of $1,660,000. The Andy Miller Stable, like Takter and Melander, acting as agent for various clients, bought five yearlings, spending $1,315,000. Ake Svanstedt had also spent more than $1 million on seven yearlings in the first two sessions.