The Spa Spot: Final figures down at F-T sale
The Medaglia d'Oro filly Wait No More was the 2012 sales topper
Despite increases in Tuesday night's second session, the overall numbers for Fasig-Tipton's Saratoga Selected Yearlings Sale were down a bit compared to 2011.
Led by a Medaglia d'Oro filly, who topped the sale with a selling price of $1,575,000, buyers purchased 55 horses Tuesday. The average price of $334,727 was up eight percent and gross sales figure of $18,410,000 was up 10 percent from the second session last year. The median climbed from $225,000 to $250,000.
The gross $32,000,000 for the 107 horses sold during the two sessions was down 2.7 percent and the average price of $299,065 was down 6.3 percent from last year. The buy-back rate - which measures horses that did not sell because bidding fell short of the minimum set by the seller - was 34 percent, a significant jump from the 22 percent of 2011.
Trainer Todd Pletcher signed the purchase ticket for the undisclosed buyer of the sales topper. The gray filly named Wait No More is the second foal out of the champion Wait a While trained by Pletcher.
Sheikh Mohammed, ruler of Dubai, and his bloodstock manager, John Ferguson, did not attend the second session, but Ferguson is listed as making three purchases on Tuesday. Ferguson made eight purchases during the sale for a total of $3,325,000.