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Thursday Thoughts: Breaking Down the Lexington Sale

by Al Cimaglia

October 12, 2017

Last week's Lexington Standardbred Yearling Sale was a tremendous success breaking records in many important categories. The sale had the highest gross ($36,410,000), the highest average sale ($58,537), the highest median sale ($42,000) and recorded more purchases of greater than $100,000 (103) than ever before. 

Let's take a closer look as to when and how the money was spent. 

Day 1 - 30 pacing colts sold for an average of $110,733 and 19 pacing fillies sold for an average of $107,316. There were 22 trotting colts and 22 trotting fillies sold on opening night. The average sale for colts was $123,273 and the average for the girls was $116,409. The average price for 93 yearlings auctioned on Day 1 was $114,344. 

Day 2 - 41 pacing colts sold for an average of $86,171 and 26 pacing fillies were sold for an average sale price of $58,615. There were 39 trotting colts which sold for an average of $84,923, while 52 trotting fillies had an average sale price of $72,635. In session two, 158 yearlings sold with an average price of $76,873.

Day 3 - 42 pacing colts were auctioned with an average sale price of $40,833 and 33 fillies were sold for an average sale price of $39,727. As for trotters, 45 colts and 40 fillies sold with an average price of $53,956 and $54,025 respectively. In total, 160 yearlings went through the sales ring for an average price of $47,594.

Day 4 - 27 pacing colts had an average sale price of $25,000 while 26 pacing fillies sold for an average price of $26,615. There were 34 trotting colts and 37 trotting fillies sold in the fourth session. The colts had an average sale price of $34,324 and for the young ladies the average was $30,811. There were 124 yearlings auctioned in the fourth session with an average price of $29,629.

Day 5 - There were 16 pacing colts auctioned with an average sale price of $48,750 and 25 pacing fillies sold with an average price of $17,200. There were 23 trotting colts and trotting fillies which sold for an average of $27,478 and $21,696 respectively.  In the final day there were 87 yearlings that sold for an average price of $26,908.

Muscle Hill was the leading sire with $5,677,000 in sales for 49 yearlings, all of which took place in the opening two days. Sales of first crop Captaintreacherous babies totaled $3,665,000 on 52 transactions. The sire who ranked third with $3,000,000 in sales on 29 transactions was Somebeachsomewhere.  The sire with the highest average sales price was Mcardle ($156,500), on only two yearlings. One sold in the final day for $300,000, which was the sale's topper for that session. 

Jimmy Takter was the top buyer spending $1,057,000 on eight yearlings. Next in line was Burke Racing Stable who spent a total of $925,000, while third place went to Gino Toscani who dished out $902,000. 

The buyer with the most purchases was The Stable.Ca. Anthony and Amy MacDonald's fractional ownership stable could swim with the whales and fully participated with 14 purchases totaling $431,000. Time will tell if the value hunting MacDonald's purchased any true standouts but their operation has grown substantially. The Stable.Ca had less than 100 owners last year at this time, and now that number has swelled to 334.

You can follow me on Twitter @AlCimaglia