The Texas Summer Yearling and Horses of Racing Age Sale, which was held Monday, August 30th at Lone Star Park at Grand Prairie recorded sizable increases in gross sales, average and median with a Texas-bred colt by Too Much Bling topping the auction.
A total of 228 yearlings went through the ring with 176 selling for $3,219,600, a 138.9% percent increase from last year when 106 of 137 sold for $1,347,700. The yearling average this year came in at $18,293, a jump of 43.9% from last year’s $12,714. The median soared to $10,000 this year, up 96.1% percent from $5,100. The buy-back rate was 22.8% this year compared to 22.6% last year.
There were also three horses of racing age in the sale this year, which sold for a total of $17,500. Last year’s auction had 15 older horses sell for a total of $162,500.
“The numbers are almost overwhelming compared to last year, and this sale exceeded even our very high expectations,” said Tim Boyce, sales director. “The recent gains in purses and breeding incentives in Texas, along with the strong programs in place in Louisiana and Oklahoma, have helped make this a very powerful regional marketplace. This is truly one of the best sales we’ve ever had in Texas.”
“We recently announced increased purses of $300,000 for sale horses to run at in the two divisions of the Texas Thoroughbred Association Futurity, and we added a total of $200,000 for a Derby and Oaks race, so that has attracted some extra interest,” added Mary Ruyle, executive director of the Texas Thoroughbred Association.
Proving the point about the resurgence of interest in Texas racing, the sale-topper was Hip 101, an accredited Texas-bred colt by Too Much Bling, who stands at Valor Farm and is a perennial leading sire in the state. Consigned by Benchmark Training Center, agent, and purchased by Finisterre Racing, the April 3 foal sold for $175,000. The colt is out of Swifterthantaylor, a multiple winning daughter of another top Texas stallion at Valor Farm, My Golden Song. Swifterthantaylor’s first starter is a stakes-placed winner.
Two other horses sold for six figures, both Louisiana-bred colts. A son of Not This Time named Star Redemption sold for $120,000 from Clear Creek Stud, agent, to Al and Bill Ulwelling, and a son of Violence sold for $100,000 from 4M Ranch, agent, to Set-Hut LLC.
For complete results, go to www.ttasales.com.