Big year for thoroughbred sales continues at Timonium session

Total, averages rise steeply over '03 at 2-day auction

Horse Racing

December 07, 2004|By Tom Keyser | Tom Keyser,SUN STAFF

The Fasig-Tipton Midlantic December mixed sale of thoroughbreds concluded yesterday at the Timonium fairgrounds with steep increases over last year's sale. The auction concluded a stellar year in horse sales at Timonium.

Sunday and yesterday, 363 horses sold for $3,862,300, a 42.9 percent increase over last year's total. The average price of $10,640 was a 41.8 percent rise, and the median increased by 40.5 percent to $5,100.

Weanlings, yearlings and racehorses were featured yesterday, and a Malibu Moon colt born March 10 topped the sale.

Canadian breeders known as Josham Farms paid $160,000 for the Maryland-bred weanling out of the broodmare Aileen's Countess. Eight weanlings brought at least $50,000, compared to two last year.

"It's been a strong market all year - everywhere," said Mason Grasty, executive vice president of the Elkton-based sales company. "We ended a banner year with another upbeat sale."

In the four auctions this year at Timonium, 1,342 thoroughbreds sold for $29,184,600. The averages increased significantly in each sale over last year. In October, a yearling colt sold for $500,000, a record for a thoroughbred sold at auction in Maryland.

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