Fasig-Tipton Saratoga Sale | Horse Racing Free Tips

Siblings of Successful Saratoga Grads on Offer at Fasig

There have been several horses over the past 100 years of the Fasig-Tipton Saratoga Sale to summon big price tags, eclipsing the $500,000 mark, in the Humphrey S. Finney pavilion and then go on to be quite successful on the racetrack. The siblings of four such Thoroughbreds are part of the catalogue for the famed auction's centennial edition to be held at the Spa Aug. 9-10.

The 2017 GI Belmont S. winner Tapwrit (Tapit) summoned $1.2-million at the Saratoga Sale back in 2015 from a partnership comprised of Bridlewood Farm, Eclipse Thoroughbreds and Robert LaPenta. Prior to the Belmont, the gray captured the GII Lambholm South Tampa Bay Derby and retired with a record of 13-4-1-1 and earnings of $1,362,402. He retired to stud at Gainesway and is represented by his first yearlings this season.

Tapwrit's Grade I-winning dam Appealing Zophie (Successful Appeal) is also the dam of MGSW & GISP Ride a Comet (Candy Ride {Arg}) and SW Inject (Frosted). Barronstown Stud purchased the mare for $1.2 million carrying a foal by Tapit at the 2018 Fasig-Tipton November Sale. Appealing Zophie's most recent foal is a colt by Justify, who is offered as Hip 41 with Eaton Sales.

“He is beautiful. What I have found pretty unique about him is he has a great, long, well-angled shoulder and incredible depth up front, much like his brother,” said Eaton's Reiley McDonald. “The mare is by a really underrated broodmare sire in Successful Appeal. She has been outstanding with a very limited pedigree, but she could run herself. She has two graded stakes winners, including a Belmont Classic winner. When I looked at this one on the farm back in April, I wrote down two things: an A and Saratoga.”

MGSW Travel Column (Frosted) sold at the most recent edition of the Saratoga Sale in 2019, bringing $850,000 from OXO Equine's Larry Best. She justified her price tag pretty quickly, earning the 'TDN Rising Star' moniker for her impressive debut win at Churchill in September and was third in the GI Darley Alcibiades S. next out. Closing 2020 with a win in the GII Golden Rod S., the gray was second in the GII Rachel Alexandra S. in February and won the GII Twinspires.com Fair Grounds Oaks in March. She was fifth in both the GI Longines Kentucky Oaks Apr. 30 and the GI Acorn S. June 5.

Fasig-Tipton's Bayne Welker and his wife Christina purchased Travel Column's MSW dam Swingit (Victory Gallop)–who is also responsible for MGISP Neolithic (Harlan's Holiday)–for $50,000 in foal to Bodemeister at the 2016 KEENOV sale. The resulting colt brought $310,000 from LaPenta's Whitehorse Stables at the Humphrey S. Finney pavilion in 2018.

Travel Column summoned almost three-times that the following year in Saratoga and her year-younger brother would have eclipsed that number if the 2020 renewal of the sale had not been canceled due to COVID-19. The son of American Pharoah, now named Corton Charlemagne, was re-routed to Fasig-Tipton Selected Yearlings Showcase–a combination of the Saratoga, New York-Bred and July Sales held in Lexington in September–where he sold for $1.25 million to Speedway Stables. Swingit's 2020 colt from the first crop of City of Light will be the second-to-last horse through the ring in Saratoga this year as Hip 209.

“This colt is a very typical Swingit in that we think he is a pretty special horse,” said Conrad Bandoroff of Denali Stud, which consigns the colt. “Bayne and Chris Welker, who are two very high-caliber horsemen, think he is the best foal Swingit has given them. That is pretty high praise and I would have a hard time arguing with them. He is just a very forward, very attractive, well-balanced, strong individual. Corton Charlemagne, the horse we sold for $1.25 million at the Fasig-Tipton Yearling Showcase [in September], was a May foal. This colt is a little more progressive and forward-looking than he was.”

He continued, “Obviously, Travel Column was a great success. By a freshman sire in Frosted, she sold for $850,000 at Saratoga two years ago. There is a little bit more to this colt in terms of substance and strength, but he has that fluid walk and athleticism Travel Column had. What was great about her whole story was there were people shopping the sale, who, before the sale, said they were looking for colts by proven stallions, but every time they came by the consignment, they kept seeing this gray filly and fell in love. That is what happened with Larry [Best]. We are thrilled that it worked out and we are hoping this colt is going to come up here and continue Swingit's Saratoga success. We sold Travel Column up here. We sold a Bodemeister very well up here, and, had there been a Saratoga Sale up here last year, the American Pharoah would have come up here and been the sale-topping colt.”

Four Wheel Drive, a colt from the initial crop of Triple Crown hero American Pharoah, proved quite popular at the 2018 edition of the Saratoga Sale, bringing $525,000 from pinhookers Randy Hartley and Dean DeRenzo, who were acting on behalf of Breeze Easy. He RNA'd for $825,000 the following March at the Fasig-Tipton Gulfstream Sale, but made up for it on the racetrack. Opening his account with a win in the Rosie's S. at Colonial Downs, the bay followed suit with a victory in Belmont's GIII Futurity S. and won the GII Breeders' Cup Juvenile Turf Sprint S. to take his juvenile record to three-for-three.

His stakes-winning dam Funfair (More Than Ready), a 'TDN Rising Star', did not produce foals in 2018 or 2019, but her 2020 foal, a full-sister to Four Wheel Drive, is Hip 102. She sells under the same Paramount Sales banner that her brother did.

“We are very pleased to have the full-sibling to BC Juvenile Turf Sprint and Futurity S. winner Four Wheel Drive,” said Paramount's Lesley Campion. “She is from an incredibly fast family with two siblings having set new course records [Four Wheel Drive and Born Great (Scat Daddy)], the family is hugely precocious and this filly looks to have that same physical forwardness to her. Four Wheel Drive got that clever name when Dean DeRenzo commented, here at the Saratoga sale, on his walk being like a four wheel drive, powerful action from each limb, and his sister shows the same. She has quality, strength and balance, coupled with a cool head, a filly anyone would love to add to their stable.”

While 'TDN Rising Star' Flightline (Tapit) has not won a stake yet, most people would agree it's only a matter of time. Purchased by West Point Thoroughbreds for $1 million at the 2019 Saratoga Sale, the bay has made just one start so far, but he made it count, romping by 13 1/4 lengths and stopping the clock for six furlongs in 1:08.75 at Santa Anita in April. Trained by John Sadler, the bay races under a partnership that, in addition to West Point, includes Hronis Racing, Siena Farm and breeder Summer Wind Equine.

Summer Wind owner Jane Lyon purchased Flightline's Grade III-winning and MGISP dam Feathered (Indian Charlie) for $2.35 million in foal to War Front at the 2016 Keeneland November Sale. Flightline is her second foal and second winner from two foals of racing age. Her fourth foal is Flightline's yearling full-brother, who is Hip 92 in the Lane's End consignment.

“This colt is very well put together,” Lyon said. “I think he is stockier and has a little more bone than Flightline had. We are hopeful that the buyers will like him for his own physicality and will appreciate that the mare if capable of producing a runner.”

The 100th edition of the Fasig-Tipton Saratoga Sale gets underway Monday at 6:30 p.m.

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Curlin Looking to Follow Up on Memorable 2019 Saratoga Success

The last time the Fasig-Tipton Saratoga Selected Yearlings Sale was held, Curlin recorded a memorable trifecta with the auction's top three seven-figure yearlings. Leading the way was the $1.5-million co-topper First Captain, who was tabbed a 'TDN Rising Star' and captured the GIII Dwyer S. The Hill 'n' Dale stallion will be represented by five yearlings when bidding returns to the Humphrey S. Finney pavilion in upstate New York next week.

“Curlin is truly a Classic sire,” said Mark Taylor of Taylor Made Sales Agency, which will consign two fillies by the stallion during the two-day boutique sale. “He can come up with a good 2-year-old, but when I think Curlin, I am thinking about big-time route races.”

The first of Taylor Made's offerings by Curlin is hip 63, a daughter of Classofsixtythree (Include) and a half-sister to graded stakes winner and Grade I placed Gunmetal Gray (Exchange Rate).

“This filly has grown up on Taylor Made and I have always loved her,” Taylor said. “She is a May foal and is only scratching the surface of what she will be in time. This filly is out of an Include mare and is a half-sister to Gunmetal Gray, who was a Grade I-placed 2-year-old and a top-tier 3-year-old a few years back. This filly looks like she will be a Classic two-turn filly. She's a very nice Curlin.”

Also from the Taylor Made consignment is hip 181, a daughter of Curlin whose dam Rose Garden (Pioneerof the Nile) is a half-sister to GI Preakness S. winner Exaggerator, also by Curlin.

“This filly is a late April foal,” Taylor said. “She has a ton of size and strength. For anyone trying to find an Oaks type 3-year-old, she will hit their radar. Her dam is a half-sister to Exaggerator, so Curlin has already produced a Classic winner from this immediate family. She was born and raised at Twin Creeks Farm. They have produced a bunch of classy horses over the years, including Tiz The Law last year.”

Taylor Made is no stranger to dealing with talented daughters of Curlin.

“We have sold some talented Curlin fillies in the past,” Taylor said. “The one who jumps out at me as the prototype of what I think Curlin produces is Grade II winner Point of Honor. She had strength, scope and balance. She ran to those looks and has just come up short at the Grade I level. Spice Is Nice is another beautiful Curlin filly. We did not sell her, but she was rehabbed with us for a few months. She had the same qualities as Point of Honor–just beautiful fillies.”

Rounding out the three Curlin fillies in the Saratoga catalogue is hip 128, a daughter of Leslie May (Tapit), who is a half-sister to multiple graded stakes winner Uncaptured (Lion Heart). The gray filly is consigned by Warrendale Sales as agent for her breeder Stonestreet, which campaigned two-time Horse of the Year Curlin.

A pair of colts by Curlin are catalogued for Tuesday's second session of the Saratoga sale. Lane's End will consign hip 166, a son of Often (Ire) (Galileo {Ire}), who is a half-sister to Giant's Causeway.

Gainesway consigns hip 207, a chestnut colt out of stakes winner Sweet Seventeen (Hard Spun).

Taylor is happy to have the Saratoga sale back in the line-up after a year's hiatus caused by the pandemic.

“It's great to be back at Saratoga this year,” Taylor said. “It's an important sale for buyers, sellers and consignors. Having the racing and selling all in one great town is a unique combination.”

Taylor Made has had many memorable moments at the Saratoga sale, which celebrates its 100th renewal this year.

“We have so many great memories at Saratoga,” Taylor said. “All the sale toppers over the years have been exciting and consigning great racehorses like Rushing Fall, American Pharoah, Vindication and so many others makes the effort not seem like work at all.”

The post Curlin Looking to Follow Up on Memorable 2019 Saratoga Success appeared first on TDN | Thoroughbred Daily News | Horse Racing News, Results and Video | Thoroughbred Breeding and Auctions.

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What Does Fasig-Tipton’s Entry Into Cryptocurrency Mean For Buyers And Sellers?

The bloodstock market can be stubborn in its resistance to deviations from the way of doing business that's worked for decades, and even centuries. This is, after all, the same industry that only just widely accepted online bidding at auctions last year because of the pandemic.

Rooted with that knowledge, Fasig-Tipton's announcement on Monday that it would accept payment in cryptocurrency for its upcoming Saratoga Select Yearling Sale was a quantum leap in forward thinking.

For buyers, the new payment method allows for a different way to purchase horses that could potentially expand the buying bench into a bold, tech-savvy pool of new bidders. For sellers, the cryptocurrency option means only as much as they want it to mean.

The short explanation is that sale proceeds will be paid out to the seller by Fasig-Tipton in U.S. dollars, regardless of the currency used by the buyer, unless the seller specifically asks for payment in the company's chosen cryptocurrency class, Stablecoins. All sales will still be recorded in U.S. dollars from the auctioneer's stand and in the official results.

A seller won't be left with a wallet full of Stablecoins if they don't want it, the same way a seller wouldn't be stuck with proceeds in Euros if a horse were purchased by an international buyer. The proper currency conversions are handled as the funds pass through Fasig-Tipton's hands from buyer to seller, as two separate transactions.

Fasig-Tipton president Boyd Browning said the cryptocurrency market has ascended rapidly over the past decade, but its establishment as a legitimate part of the global economy was what made it the right time to establish the new payment option.

Browning hoped the new option, and the incentives tied to it, would perhaps attract a new segment of buyers who might find the high-risk, high-reward investments of the Thoroughbred industry appealing in the same way that they do for cryptocurrencies.

“We hope it's a two-way street,” he said. “We hope some of the folks in the crypto world say, 'This is pretty cool. It's like the Thoroughbred industry is reaching out to us.' I think there's a lot of similar personalities and a lot of similar traits among the people that would be participating in the crypto environment that would find a lot of aspects of Thoroughbred racing interesting and attractive. We would hope to be able to attract, if not new players, then new eyeballs to the racing industry, and hopefully that would convert into participants in the long-term in the auction process.”

Fasig-Tipton will offer 1 million SWAPP tokens to the buyer of the most expensive horse paid for in cryptocurrency at the Saratoga sale. SWAPP tokens can be exchanged for fiat currencies (traditional “paper money”) or other cryptocurrencies.

From Fasig-Tipton's press release announcing the new payment option, Swapp Protocol is a blockchain-based DeFi platform leading a movement to democratize the $1.2 trillion/year data industry by enabling consumers to start getting paid for their online data.

The process for a buyer intending to use cryptocurrency will be similar to one using any other currency. Credit must first be established with Fasig-Tipton, and since the bidding takes place in U.S. dollars, the number on that line would also be in U.S. dollars.

If Fasig-Tipton gets a credit application from a buyer it does not recognize, Browning said the company can verify their crypto assets, the same way it would verify another buyer's U.S. dollar assets or investment funds.

If a buyer wants to pay in cryptocurrency, they then notify the sales office of their intention to do so within the range of their credit window. The buyer will then convert their cryptocurrency of choice into Stablecoins, a class of asset-backed cryptocurrency based on real-world fiat currencies and commodities such as precious metals.

The “Stable” part of the name comes from its relative stability from price fluctuations, unlike other, more volatile cryptocurrencies, and Fasig-Tipton's equine background is just a well-placed coincidence.

“They just have to notify us,” Browning said. “Credit's extended for 15 days for qualified buyers, and we really don't care if they pay in U.S. dollars or cryptocurrency, as long as they pay on a timely basis. Just like somebody would call and say, 'Hey, I need your wire instructions to wire U.S. dollars,' they just have to say, “I need your cryptocurrency account information to initiate the transfer from our crypto account to your account.”

In its early stages, Browning anticipated most of the cryptocurrency activity would come from the buying side, should there be any at all in its initial offering in Saratoga Springs, but he was excited about the prospect of where the concept could go in the near and distant futures.

“We certainly didn't enter the space thinking it's going to be one-off,” he said. “I'm not saying we're forever committed, but we anticipate activity is likely to increase in the crypto world in the next generation, in the next decade. The marketplace didn't exist 10 years ago, and it's become a prominent financial marketplace in 2021, and I think based on what we see and read in the trends in popularity, it's likely to grow in popularity, instead of diminish.”

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Fasig-Tipton Saratoga Moves into Cryptocurrency Realm

Fasig-Tipton has partnered with Crypto.com, a cryptocurrency company with the world's fastest-growing crypto app, and Swapp Protocol, a blockchain-based DeFi platform, to offer cryptocurrency payment and rewards services at the upcoming Saratoga Sale. Fasig-Tipton's select yearling sale, to be held Aug. 9-10, will be the first Thoroughbred auction to accept cryptocurrency as payment for equine purchases.

Buyers who use cryptocurrency at Saratoga will receive cryptocurrency rewards with the buyer of the most expensive horse–paid with cryptocurrency–receiving one million SWAPP tokens, which are exchangeable for various fiat and cryptocurrencies.

“As Fasig-Tipton approaches its 100th Saratoga Sale, we are excited to partner with Crypto.com and Swapp to offer cryptocurrency payment and rewards services at our flagship yearling sale,” said Fasig-Tipton President and CEO Boyd Browning. “Fasig-Tipton aims to be a forward-thinking member of the Thoroughbred industry and we are proud to be the first Thoroughbred auction company in the world to embrace cryptocurrency. Through these partnerships we will introduce individuals and parties that participate in the crypto space to the exhilarating world of horse racing for the very first time, and growing our sport is a priority of the utmost importance at Fasig-Tipton.”

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