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Saratoga Sale Nothing but Net P8 WEDNESDAY, AUGUST 7, 2013 732-747-8060 $ TDN Home Page Click Here STRONG RESULTS at SARATOGA Athe Market Is Not Down,@ He Said

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Saratoga Sale Nothing but Net P8 WEDNESDAY, AUGUST 7, 2013 732-747-8060 $ TDN Home Page Click Here STRONG RESULTS at SARATOGA Athe Market Is Not Down,@ He Said Saratoga Sale Nothing But Net P8 WEDNESDAY, AUGUST 7, 2013 732-747-8060 $ TDN Home Page Click Here STRONG RESULTS AT SARATOGA AThe market is not down,@ he said. AIt would be a The Fasig-Tipton Saratoga Yearling Sale concluded its misconception to say that the market is down 1%. two-day engagement at the Humphrey S. Finney Sales Anytime you drive your buyback rate down, your Pavilion with proof of what beaming sales officials average price will probably creep down, too, because termed Aa healthy market.@ you are getting more horses Over two sessions, 108 yearlings grossed sold. That makes the increase in $31,870,000, compared to 107 selling for median even more impressive--to $32,000,000 a year ago. While the average fell 1.3% drive the buyback rate down and to $295,093, the median was up 11.1% to $250,000 the median be up and the and the buy-back rate, a sparkling 17% during average remain the same is a Tuesday=s session, fell to 21.2% from 34% in 2012. pretty significant combination of AAcross the board, activity tonight was very, very factors. It shows a healthy brisk, with lots of bidding, quality bidding from the start marketplace.@ to finish of the sale,@ reported Fasig-Tipton President While two horses reached Boyd Browning, Jr. AYou could feel the energy in this seven figures during Monday=s pavilion inside and outside the last two nights. There opening session of the sale, was more energy, there was more interest, there were none approached that threshold more bidders and more activity. There were more during the second session. bidders and they were willing to bid on more horses Barbara Banke=s Stonestreet and Boyd Browning this year than last year. They weren=t willing to bid George Bolton combined to Fasig-Tipton Photo significantly higher for the most part, but they were purchase Tuesday=s top-priced certainly engaged on more horses.@ lot, a son of Indian Charlie, for $750,000. For the Browning was not discouraged by the slight decline session, 58 horses sold for $16,200,000. The average in average, correlating it with the decreased buy-back was $279,310 and the median was $250,000. rate. Over two days, 13 horses sold for $500,000 or more, compared to 15 in 2012. Three horses brought seven figures a year ago. The overall results of the Saratoga sale show the marketplace Ahas found a new equilibrium,@ according (718) 978-8200 to Browning. www.mersant.com Cont. p3 Sponsors of the following stats for the: FASIG-TIPTON SARATOGA YEARLINGS SESSION TOTALS 2013 2012 Catalogued 76 95 No. Offered 70 84 No. Sold 58 55 RNAs 12 29 % RNAs 17.1% 34.5% No. $500K+ 6 11 High Price $750,000 $1,575,000 Gross $16,200,000 $18,410,000 Average (% change) $279,310 (-16.6%) $334,727 Median (% change) $250,000 (n/c) $250,000 CUMULATIVE 2013 2012 Catalogued 152 189 No. Offered 137 162 No. Sold 108 107 RNAs 29 55 % RNAs 21.2% 34% No. $500K+ 13 15 High Price $1,225,000 $1,575,000 Gross $31,870,000 $32,000,000 Average (% change) $295,093 (-1.3%) $299,065 Median (% change) $250,000 (+11.1%) $225,000 In This Issue 60 Broad St., Suite 100 Red Bank, NJ 07701 (732) 747-8060 (732) 747-8955 (fax) www.thoroughbreddailynews.com Fasig-Tipton Saratoga Coverage www.thetdn.com Barry Weisbord, co-publisher [email protected] • @barryweisbord Sue Finley, co-publisher [email protected] • @suefinley Editorial [email protected] Jessica Martini, Editor-in-Chief Alan Carasso, Managing Editor Christina Bossinakis, Senior Editor Steve Sherack, Racing Editor Brian DiDonato, Racing Analyst/Soc. Media Dir. Justina Severni, Assistant Editor Kelsey Riley, Assistant Editor Christie DeBernardis, Assistant Editor Advertising [email protected] Alycia Borer, Director of Advertising Lia Kusch, Senior Advertising Designer Sarah K. Andrew, Adv Assistant/Distribution Hip 105: Indian Charlie colt tops the second session at The Saratoga Sale Amanda Crelin, Advertising Assistant Fasig-Tipton Photo Amanda Foster, Advertising Assistant Coverage continues page 3 Customer Service [email protected] Vicki Forbes, Director of Customer Service Information Technology Robert Williams, Director of IT [email protected] Gregg Casillo, DB Administrator, Programming [email protected] Business Development Gary King, Director of Business Development [email protected] TDN Newmarket Bureau: Cafe Racing [email protected] Sean Cronin Tom Frary EST Race Click for TV 8:10p Sorrento S.-GII, DMR (brisnet.com PPs) TVG TDN P HEADLINE NEWS • 8/7/13 • PAGE 3 of 13 • thoroughbreddailynews.com Strong Results at Saratoga cont. AI think the results show tremendous interest in horses, particularly quality horses,@ Browning commented. AI think it shows increased activity, but we continue to see rationality in the purchasing side of things. People stop bidding. They don=t decide to buy a horse and buy it for whatever it costs. We=ve lived through a period of time where, if two people wanted to buy a horse, they might just bid, it seemed like, forever. They no longer bid forever. But they are certainly willing to bid and go to what they believe are rational limits for a horse. There is discipline, but there is interest. We=ve lived through a time where there was much less interest. Interest and discipline bodes well long-term and is probably the sign of a very healthy marketplace. Sellers are realistic in setting their reserves and buyers are realistic in evaluating their horses. And we=ve got a pretty good balance right now in the marketplace among the buyers and the sellers.@ Action returns to the Finney Sales Pavilion Saturday with the first of two sessions of the Fasig-Tipton New York-bred Yearling Sale. AWe had a very successful sale and it gives us a strong foundation to build on for 2014 in Saratoga and it bodes very well for the New York-Bred sale which commences in four days,@ Browning concluded. For the complete results of the sale, visit www.fasig- tipton.com. FASIG-TIPTON SARATOGA SELECTED YEARLINGS TUESDAY’S TOP FIVE COLTS Hip Sire Dam Price ($) 105 Indian Charlie Queenie Cat 750,000 B-Hill ‘n’ Dale Equine Holdings (KY) Consigned by Hill ‘n’ Dale Sales Agency, agent Purchased by Stonestreet & George Bolton 134 Medaglia d’Oro Stop Traffic 600,000 B-Diamond A Racing (KY) Consigned by Taylor Made Sales Agency, agent XXXIX Purchased by Fox Hill Farm, Tom McGreevy, agent 84 Distorted Humor Life Well Live 525,000 B-WinStar Farm (KY) Consigned by Taylor Made Sales Agency, agent LX Purchased by Shadwell Estate Co Ltd 102 Curlin Party Chatter 475,000 B-Fox Straus KY (KY) Consigned by VanMeter Sales, agent I Purchased by Stonestreet Stables 101 Unbridled’s Song Parisian Affair 400,000 ($185,000 RNA wnlg ‘12 KEENOV) B-Barronstown Stud Consigned by Eaton Sales, agent Purchased by Matt Schera TDN P HEADLINE NEWS • 8/7/13 • PAGE 4 of 13 • thoroughbreddailynews.com Fasig-Tipton Saratoga Toppers cont. TUESDAY’S TOP FIVE FILLIES Hip Sire Dam Price ($) 83 War Front Lerici 650,000 B-Lerici Syndicate (KY) Consigned by Gainesway, agent IV Purchased by Steven W Young, agent 108 Distorted Humor Remember 650,000 B-Dattt Farm (KY) Consigned by Denali Stud (Craig & Holly Bandoroff), agent Purchased by Solis Bloostock 129 Galileo (Ire) Song to Remember 600,000 B-Smythson (Ire) Consigned by Eaton Sales, agent Purchased by Spendthrift Farm LLC 123 Midnight Lute Skyscape 400,000 B-Dr Melinda Blue & Kristin Mulhall (KY) Consigned by Warrendale Sales, agent for Normady Farm LLC Purchased by Hill ‘n’ Dale Bloodstock LLC 106 Street Sense Quickest 375,000 B-Vincent Colbert (KY) Consigned by Paramount Sales, agent for Vincent Colbert Purchased by Spendthrift Farm LLC Streets of Fire... About an hour into last night=s session, Stonestreet Stables loosened up their purse strings to secure a pair of colts in rapid succession. The first purchase to go to team was Hip 102, a colt by two-time Horse of the Year Curlin who realized $475,000. He was soon followed by Hip 105, a colt by Indian Charlie, who headed The Feb. 5 foal, who is a member of Indian Charlie=s the final session of the Saratoga sale final crop of yearlings, is out of the unraced Queenie with a $750,000 final bid from Cat (Storm Cat), who is a half-sister to GI Breeders= Stonestreet, buying in partnership Cup Juvenile hero Vindication (Seattle Slew), who with George Bolton. Seated in the brought $2.15 million at this venue in 2001. The bay is back row of the main pavilion, also a half to graded stakes scorer Scipion (A.P. Indy), a Stonestreet principal Barbara Banke $1.9 million buy at the Saratoga sale in 2003 and GSP was positioned alongside Bolton and In Step (Unbridled=s Song), a $1-million purchase at advisor John Moynihan, who was Keeneland September in 2009. Offered at the handling the bidding duties. The bay Keeneland September sale in 2005, Queenie Cat also lit Barbara Banke colt generated some buzz upon his up the board, landing a $1.7-million final bid. Fasig-Tipton Photo arrival in the ring and was greeted AWe loved the horse from a physical standpoint,@ with bids coming from both sides of added Moynihan. AEvery time he came out, he came out the pavilion, but it was Moynihan who leveled the full of energy, so I really liked him. And he has a very winning blow. good family, too.@ AWe haven=t really every bought Indian Charlies, but According to Sikura, it was an added bonus that the he was just gorgeous,@ said Moynihan.
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