The 2023 edition of the Iowa Thoroughbred Breeders and Owners Association Fall All-Ages Thoroughbred Sale posted steady returns on Aug. 31, led by a pair of $50,000 yearlings.
The auction saw 56 horses sold for revenues of $865,700, with an average sale price of $15,495 and a median of $8,500.
Yearlings regularly make up the majority of the catalog, with 52 changing hands this year for a total of $844,300, which marked a 5 percent increase from last year's yearling gross of $801,700. The yearling average rose 1 percent to $15,930 from $15,719, while the yearling median was $8,500.
A pair of yearlings topped the sale, each bringing $50,000.
Tom Allen purchased Hip 17, a colt by Maximus Mischief. The bay colt is the first foal out of the unraced Liaison mare Miss Waikiki, hailing from the family of Grade 1 winner and sire Grand Slam and Iowa Horse of the Year Kauai.
Bred in Iowa, the colt was consigned by Iowa State University, as agent for Poindexter Thoroughbreds and Tom Allen.
Efrain Mayorga secured Hip 45, a Flameaway gelding named Brasa.
The Iowa-bred chestnut gelding is out of the stakes-winning Yankee Victor mare Swede, whose six winners from eight foals to race includes Iowa stakes winners Basic Chance and It's the Swede.
Iowa State University consigned Brasa.
ISU was the auction's leading consignor by both gross and number sold, with 18 horses sold for $382,300. SKM Racing Stable was the leading buyer, with four purchases totaling $95,000.
To view the auction's full results, click here.
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