The Fasig-Tipton February Digital Sale closed Feb. 25 with 157 horses sold of the 197 offered for $4,965,400. The sale averaged $31,626 with a clearance rate of 80%. The median was $10,000. The catalog offered horses of racing age, racing/broodmare prospects, 2-year-olds in training, broodmares (including mares with foals at foot), and short yearlings. More than 1,000 prospective buyers registered to bid.
A selection of 2-year-olds in training were offered for the first time on the digital platform, of which eight of 13 sold for $585,000 with an average of $73,125. In this proof-of-concept endeavor, 2-year-olds in training accounted for two of the top six horses sold in the entire auction. Offerings were cataloged with traditional virtual inspections in addition to untimed gallop videos.
The sale topper was a $250,000 colt by Yaupon (Hip 42), purchased by Shane Yeager from the consignment of De Meric Sales. From the first crop of Uncle Mo's grade 1-winning son Yaupon, the New York-bred colt was offered as a 2-year-old in training. The second foal of four-time stakes winner Frosty Margarita , the sale topper sold off a traditional virtual inspection and video of an untimed gallop at De Meric Farm near Ocala, Fla.
Top hips sold also included:
"This was a fantastic sale from beginning to end," said Fasig-Tipton director of digital sales Leif Aaron. "It was a great market for buyers and sellers. More than 1,000 registered bidders and horses that were very well represented. The 2-year-olds in training were very encouraging with eight of 13 sold, including our sale topper. We learned a lot about what worked and how to move forward with that segment of the market."
Full results are available online.