Breeders' Cup Juvenile Fillies winner Stardom Bound. She fetched $5.7m at the Fasig-Tipton November Sale, the second-best price at the salehitaker PICTURE: Edward W
Dispersal boosts Fasig average by 59 per cent
ALONGSIDE the record-breaking price given for Better Than Honour, the talking point of Sunday's one-day Fasig-Tipton Sale was the dispersal of the Southern Equine and Hill ‘n' Dale partnership, of which the sale of Better Than Honour was part. In total, the partnership's dispersal fetched $27,350,000, 39 per cent of the sale aggregate.
As a whole the sale fetched $70,279,000, a 35 per cent increase on 2007, with 91 horses sold at an average of $772,297, an increase of 59 per cent compared with 2007. The median price was $250,000 and the clearance rate of 61 per cent. Nineteen horses made over $1 million, seven more than in 2007.
Along with its record-breaking purchase, Southern Equine bought seven of the horses in the dispersal (of which their share in allbar one was 70 per cent) including Crystal Current, sister to Grade 1 winner Majestic Warrior, for $3.1 million, while Sikura and an unnamed partner spent the same amount on the Grade 1 winner Madcap Escapade.
She was also sold as part of the joint dispersal however both partners only owned 25 per cent of her, the remaining 50 per cent of the daughter of Hennessy was owned by Bruce Lunsford. He had sold her to Sikura and Southern Equine for $6 million at the 2006 Keeneland November Sale, buying back his 50 per cent share after the sale.
On Sunday Sikura confirmed that he now owned 50 per cent of the mare, in effect buying out the Southern Equine quarter share for $775,000.
Madcap Escapade was sold carrying an AP Indy filly having produced a colt by the same sire this spring. Her first foal was bought by Southern Equine, a filly by Pulpit, who made $1.7 million last year at Keeneland November.
Southern Equine also bought the Storm Cat race filly Surprises Welcomed for $2.5 million, Grade 1 winner Point Ashley for $1.4 million, and the Grade 3-winning juvenile Sensation for $1.1 million. Her first foal, a filly by Giant's Causeway was also sold on Sunday for $130,000.
Also offered by Hill ‘n' Dale was three-time Grade 1 winner Stardom Bound, winner of the Breeders' Cup Juvenile Fillies-Gr1, who fetched the sale's second top price of $5.7 million. She was bought by IEAH Stables of Michael Iavarone and Richard Schiavo. After a break in Kentucky, she will go into training with Richard Dutrow, trainer of the recently retired Big Brown. The underbidder was Frank Stronach while Charles Cono, former owner of the Tapit filly, went to $4 million.
Her former trainer Chris Paasch bought her for $375,000 at the Ocala Breeders Sales Co March select sale of two-year-olds in training.
Stronach made up for missing out on Stardom Bound by purchasing eight lots including twice paying $1.8 million in order to secure the Grade 1-winning Doneraile Court mare Ariege and the three-time wining Grade 1 four-year-old Intangaroo (Oreintate). He also went to $1.75 million for Honey Ryder who was sold by Glencrest Farm.
John Ferguson signed for three mares and a weanling with Panty Raid - sold as part of the Glencrest Farm dispersal - his most expensive purchase at $2.5 million.
European buyers also busy were Troy Steve who spent $200,000 on Spinaway Stakes-Gr1 third Yonagucci, Wertheimer Et Frere went to $800,000 to buy the Kris S mare Paiota Falls, Martine Head in association with Longtitude Farm bought an Anabaa colt for $42,000 and Corduff Stud who went to $90,000 for a colt by Giant's Causeway.