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Home Latest News

F-T May Sale Posts Solid Gains Despite Format Shakeup

May 20, 2026
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F-T May Sale Posts Solid Gains Despite Format Shakeup
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Within the days and weeks main as much as the Fasig-Tipton Midlantic Might 2-Yr-Olds in Coaching Sale, consumers and consignors have been anxious about how the brand new untimed under-tack present would impression costs within the gross sales ring. 

The record-breaking success of 2025 set an exceptionally excessive bar for this 12 months’s occasion. 

On the finish of two days of commerce, Fasig-Tipton reported 384 horses had modified palms for gross receipts of $52,875,500, together with non-public gross sales—up 19.3% from 2025’s single-session sale that noticed 327 horses promote for $44,317,500. The typical additionally ticked as much as $137,697 from $135,528, whereas the median noticed a considerable leap from $60,000 final 12 months to $70,000. 

Seventy-three horses failed to satisfy their reserve, leading to an RNA price of 16%. 

“Completely thrilled with the outcomes. We actually hit the superfecta as you’ve got heard me check with it earlier than—the gross is manner up, the common is up, the median is up, and the RNA price is down—and that is coming off a dramatic improve from 2024 to 2025,” stated Boyd Browning, president and CEO of Fasig-Tipton. 

Boyd stated the product sales have elevated 60% from 2024 to 2026.

“Extra importantly to us is truthfully the energy of the market, the acceptance of a change in format,” Browning added. 

Final 12 months’s version of the sale noticed the final day change to a gallop-only session throughout the under-tack present due to climate circumstances. 

“Final 12 months, we have been pressured right into a state of affairs within the final a part of the sale. We made a aware determination this 12 months to do what we thought was the proper factor for the horse and the proper factor for our clients,” Browning stated

“This firm’s been based and has been primarily based upon making an attempt to do the proper factor each day, whether or not it is the horse or for the folks we do enterprise with. You possibly can’t quantify it, however you attempt to do what you imagine is correct.”

Browning expressed deep gratitude for the unbelievable purchaser and consignor assist. 

“I genuinely hope, and I genuinely imagine that we will see very optimistic outcomes on the racetrack from this group of gross sales graduates this 12 months, when it comes to soundness, when it comes to their begins, and so time will inform,” Browning stated.

Case Clay Thoroughbred Administration topped the consumers for the sale, securing 12 head for $5,545,000. Randy Miles led the consignors, promoting 23 from his draft for $5,032,000.

Gun Runner Filly Goes to Lanz for $1.375 Million

An athletic, rangy daughter of Gun Runner   was the primary of two juveniles Might 19 to promote for seven figures throughout Day 2 of the sale, going to bloodstock agent Pedro Lanz for $1.375 million.

Lanz purchased the Gun Runner filly for KAS Stables, for whom he additionally purchased a $2.1 million Flightline   colt on the sale’s opening day. The filly (Hip 357) was bred by Chester and Mary Broman in New York and consigned by Sequel Bloodstock.

The Bromans bred the filly out of the unraced Uncle Mo daughter Modest Maven, who’s the dam of graded-placed stakes winner Arctic Vanity  (Frosted).

“Lovely filly, Might foal. She nonetheless has time to develop and get larger and stronger,” Lanz stated. “Lovely mare by Uncle Mo. I bear in mind Arctic Vanity combating in that Kentucky Derby qualifier in New York (Withers Stakes), and ending second, a troublesome race. She has every little thing you possibly can ask for.”

Lanz stated the filly will keep in the USA to race beneath coach Brad Cox. 

“We would have liked a filly,” he stated. “I used to be reviewing the outcomes of the prior gross sales. This was the primary probability at this sale; there was one (Gun Runner) yesterday, however she (Hip 357) was my favourite. So I advised them, if you would like the most effective filly, for my part, she is the one.”

Picture: Fasig-Tipton PhotoThe Gun Runner filly consigned as Hip 357 on the Fasig-Tipton Midlantic 2-Yr-Olds in Coaching Sale

Chester Broman bought Modest Maven for $1 million from the Pike Racing consignment on the 2016 version of the Midlantic Might sale. Celebrating the sale of Hip 357 introduced issues full circle, honoring the friendship between the late Al Pike and Sequel’s Becky Thomas and Carlos Manresa.

“Linda Rice received that horse (Modest Maven), and that horse had unbelievable potential,” Manresa stated. “I believe there have been a number of individuals who noticed this filly and noticed quite a lot of the identical expertise and sophistication that Modest Maven herself had, and I believe it was an excellent full-circle second for all of us.”

Thomas echoed the feelings about Al Pike.

“Al Pike was one in every of my closest pals,” she stated. “We labored collectively for a lot of, a few years, and he was positioned on the barn proper subsequent to ours, in order that’s why it was so particular.

“His son, Colt, has shortlisted for us for a few years, and we’re glad to have that a part of him. Colt was very instrumental in Al’s operation.”

“We purchased a horse from them (Bromans) out of Bar of Gold (Metallix for $600,000) two years in the past, and they’re superb breeders; they all the time have the most effective,” Lanz stated. “If you see Sequel Bloodstock’s consignment this 12 months, you say it is a critical consignment.”

Sequel has had a terrific sale, promoting the highest-priced colt and filly of the sale. Thomas stated the brand new format modifications carried out by Fasig-Tipton have solely helped her consignment’s success.

“We’ve got been thrilled (with the brand new format),” she stated. “We had a horse that chipped a knee final 12 months, and he was our massive horse. He was actually a $1 million Uncle Mo, and we beloved him. If we would have had him on the gallop day, that will not have occurred. So, we’re massive followers of the format, and always we have been going to come back right here with what I name farm breezes, which is letting these horses roll.”

Thomas stated the brand new format did current some challenges, as her horses are used to coaching on a 1-mile observe.

“We’re breezing right here across the canine (cones), there’s quite a lot of horses that hit the mistaken lead, and since it is such a pointy turnaround to have the ability to go, you are not solely on the mistaken lead, then they’re like, ‘Effectively, do I change now or do I not change?’ So you need to account for the truth that going across the canine like that, particularly horses that are not used to that. 

“However, total, we’re thrilled with the brand new format.”



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