US RACING: ARROGATE COLT TOPS NEW YORK SALE AT US$700,000

NOTE – All prices listed in article below are in United States dollars

The second and final day of the Fasig-Tipton New York-Bred Yearlings Sale finished Aug. 15 with a son of Arrogate  claiming top honors after selling for $700,000 to top both selling sessions. The colt consigned as Hip 573 by Eaton Sales, agent for Longford Farm, received a timely update when his full brother Cave Rock  broke his maiden Aug. 13 at Del Mar by six lengths.

Two-year-old consignor Tom McCrocklin purchased the colt out of Georgie's Angel  for Champion Equine. The Bellamy Road dam is a winner in the 2011 Schuylerville Stakes (G3) and placed in the Tempted Stakes (G3) the same year. The dark bay or brown colt was bred by Kathleen Schweizer.

McCrocklin led Day Two as the leading buyer with two purchases for Champion Equine and a total of five purchases overall for a total of $1,235,000. The $700,000 price tag colt shattered the previous record set in 2018 of $600,000 for a colt by Pioneer of the Nile  and the $775,000 price paid in 2019 for a Malibu Moon  filly.

At the close of business Monday afternoon, 124 horses of the 149 through the sales ring sold for gross receipts of $13,275,000, suitable for an average price of $107,056 and a median of $72,500. There were 25 horses who failed to meet their reserve to represent an RNA rate of 16.7%.

Over the two days of selling, 188 of the 233 yearlings on offer sold for gross receipts of $20,175,000 to show an 8.6% increase year on year. The average price grew by 17.3% to $107,314, and the median followed the trend going to $74,000 to show an increase of 5.7%.

The two-day sale in 2021 saw 203 of the 258 yearlings under the hammer sell for gross figures of $18,566,500, good for an average price of $91,461 and a median of $70,000. The 55 horses who failed to meet their reserve represent an RNA rate of 21.3%.

Taylor Made Sales Agency sold 13 of their 13 head-on offer over the two days for gross receipts of $2,042,000 at an average price of $157,077 to be the sales leading consignor by gross.