Fasig Tipton: A sale steeped in Saratoga tradition

Traditional values, upgraded facilities, and an anticipation of record prices -- all the above can be expected at the annual two-day Fasig-Tipton Saratoga Sale, which commences tonight (Monday) at 6.30pm, New York time.

By J A McGrath

Traditional values, upgraded facilities, and an anticipation of record prices -- all the above can be expected at the annual two-day Fasig-Tipton Saratoga Sale, which commences tonight (Monday) at 6.30pm, New York time.

The historic sales company was bought by His Highness Sheikh Mohammed in 2008 and the growth and development of the sale, which takes place during the racing season in August, has been hugely significant.

Boyd T Browning Jnr, Fasig-Tipston's president and chief executive officer, insists there must be a blend of old and the new to achieve the best results, and his policy is to draw on the long history of Saratoga as a racing town to use as a selling point.

"This is the eighth year since the transition took place in May 2008 and the company came under the new ownership group," Browning explained. "In that time, a lot has changed and, in some ways, very little has changed.

"One of the important things about Saratoga is the tradition. This is almost our 100th year at Saratoga, the company having been in business since 1898, and I hope it has maintained a relationship and an image within the industry that is impeccable.

"As an auction company, all you've got is your reputation, and that reputation continues to this day," he pointed out.

As for the facilities, for vendors, buyers and the horses, Browning is clearly proud of what has been achieved in a revamp that is instantly appealing.

"What you see now is a combination of beautiful old restored facilities along with beautiful improved facilities since the acquisition took place. The beautiful walking ring is a fine example," he said.

The objective, Browning explained, had been to bring the complex up to a standard that would make it the finest yearling sales ring in the world. Most would say that Fasig-Tipton has gone a long way towards achieving that goal.

As for the quality of this year's catalogue of 252 yearlings, Browning points out: "We are thrilled at the quality. It's as good a bunch of horses presented at Saratoga in a long, long time. The pedigrees are strong, and so, too, are the physicals. We couldn't be happier," he said.

But he refused to nominate any potential sale-topper. "The buyers are the judge and jury. We can have our opinion but, frankly, it doesn't count. The men and women who have money in their pockets get to pick and choose what are the best horses," he said.