Monday's Texas Summer Yearling and Horses of Racing Age Sale 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 at $175,000.
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.
“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.”
The sale-topping Hip 101, an accredited Texas-bred colt by Too Much Bling, was consigned by Benchmark Training Center, agent, and purchased by Finisterre Racing. The Apr. 3 foal is out of Swifterthantaylor (My Golden Song).
For complete results, go to www.ttasales.com.
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