Keeneland September sales off to fast start

LEXINGTON, KY (Sept. 11, 2012) – Keeneland realized increases average and median prices during the second day of its September Yearling Sale, led by the $700,000 paid by Barbara Banke’s Stonestreet Stables for a colt by leading sire Tapit.

On Tuesday, Keeneland sold 186 horses for $32,240,000, down 1.58 percent over 2011 when 200 horses brought $32,756,500. Average price rose 5.83 percent from $163,783 to $173,333. The median of $150,000 increased 17.65 percent from last year’s $127,500. Keeneland conducted only one select session compared to two select sessions in 2011. For that reason, Tuesday’s second session is compared to the third session from 2011.

“It was a very, very good horse sale today; pretty solid throughout,” said Keeneland Vice President of Sales Walt Robertson.

Following two days of selling, Keeneland has sold 261 horses for $62,530,000, for an average of $239,579 and a median of $180,000. Through the first three days in 2011 (including the two-day select portion), Keeneland had sold 329 horses for $78,356,500, for an average of $238,166 and a median of $200,000.

The sale-topping Tapit colt is out of the stakes-placed mare Tempting Note, by Editor’s Note. He is a full brother to Tempted to Tapit, second in the Risen Star Stakes (G2) and third in the Sunland Derby (G3).

“He was a great Tapit,” said John Moynihan, bloodstock advisor to Stonestreet, of the striking gray or roan colt. “He moved great and he showed himself great. The mare has been bred to Tapit twice and she has two stakes horses, so we’ll take our shot. It was a lot of money, but the good horses are certainly bringing it.”

The colt was consigned by Gainesway, as agent for McMillin Sales and the Tapit Syndicate.

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