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Record Keeneland Sept Sale Concludes
Keeneland’s 12-day September Yearling Sale concluded on Saturday with gross receipts above $300 million for the first time since 2008. The sale also produced record average and median prices and the sale of 13 seven-figure horses. Gross sales of US$307,845,400 increased 12.81 percent over 2016 by surpassing last year’s 13-day auction total of US$272,890,500 on the seventh day of selling. Total sales represent the highest gross since the 15-day September Sale in 2008 when 3,605 horses sold for US$327,999,100. The average rose 23.27 percent from US$97,740 to US$120,487, smashing the previous September Sale record of US$112,427 set in 2006, while the median of US$57,000 increased 42.50 percent from last year. The previous record median of US$50,000 was set during the 2013-2015 September Sale. “The September Sale exceeded expectations in every aspect,” Keeneland Vice President of Racing and Sales Bob Elliston said. “The sales grounds were electric from Day 1 and that enthusiasm to buy racehorses never waned, even into the final days of the sale.” The sale topper was the Tapit full sister to Gr1 Santa Anita Gold Cup winner Cupid which went to M.V. Magnier for US$2.7 million.