The 2023 Minnesota Thoroughbred Association Yearling Sale closed with declines in gross and average sale price, but an increased median, led by a $49,000 Maximus Mischief colt.
Held on Sun, Aug. 27, the auction saw 31 yearlings change hands for revenues of $301,000, which marked a 21 percent decrease from last year's sale when 25 horses brought $385,600.
All but two of the offerings that sold were Minnesota-breds, which traded for an average sale price of $13,477, down 12 percent from $15,424. However, the median sale price for Minnesota-breds rose 16 percent to $7,000 from $6,000.
John Mentz purchased the sale-topper, Hip 31, a colt by Maximus Mischief, for $49,000.
The bay colt is out of the winning Added Edge mare Smarty Prance, who is the dam of two winners from four foals to race. He hails from the family of Grade 1 winners Circle of Life and Circular Quay, along with Minnesota champion Ice Rocket.
Richard Bremer and Cheryl Sprick consigned the sale-topper.
Dove Hill Farms finished the sale as the leading consignor by both number sold and gross revenues, with five horses sold for a total of $72,000. The most expensive offering of the bunch was Hip 32, a Tapiture filly who sold to Xtreme Racing Stables for $35,000.
Mentz was the sale's leading buyer by gross, with two purchases totaling $57,500.
To view the auction's full results, click here.
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