Spendthrift Farm and St. Elias Stable, secured what they hope will be yet another success story when they went to $1.5 million to land a colt by Tiz the Law and top the bellwether juvenile auction that produced year-over-year gains in gross and a record average.
The four-day OBS Spring action was one packed with fireworks as a total of nine horses sold for seven-figures or more, including six that sold during the second session alone.
The sale-topping colt fittingly closed out an OBS Spring sale that demonstrated market strength.
The total gross of $88,761,500 from 637 sold marks a 7.7% increase over the $82,373,500 generated by the same number sold in 2024. The average of $139,343 was up from last year's mark of $129,315 and topped the previous Spring record of $129,577 in 2022. Overall median declined from $70,000 in 2024 to $65,000.
A total of 128 horses failed to meet their reserve for an RNA rate of 16.7%, compared to 18.5% in 2024.
