Cat Colt Tops Saratoga Sale
Tuesday, 10 August 2010:
Secured for $140,000 by Repole Stable, the colt was consigned by Denali Stud and is the second foal of the unraced Fusaichi Pegasus mare Regard, a half-sister to stakes-winner Give Notice.
|Tale Of The Cat|
An improved buy-back rate and an 11.1% increase in median were the positive signs at the sale which ended on Sunday.
Fasig-Tipton reported 94 horses sold from 142 offered at the two-night auction for total sales of $3,676,000, a 15.6% decline from last year when 198 horses went through the ring but only 107 sold.
This year's buy-back rate of 33.8% was a major improvement from 46% a year ago and the lowest for the New York-bred sale since 2002.
Average price declined 3.9% to $39,106, and the number of horses that sold for six figures declined from ten last year to four this year.
Repole Stable was leading buyer with six purchases for $322,000, including the sale-topping Tale of the Cat colt.
Bred by Berkshire Stud, the sale topper is out of the unraced Fusaichi Pegasus mare Regard.
The colt's half brother Highest Regards, by Anabaa, was an impressive debut winner at Belmont Park on June 24.
Speightstown was the leading sire by average price (minimum two sold) with two sold for an average of $79,500. Scat Daddy led the first crop sires with two yearlings sold for an average of $73,500.