Fasig-Tipton November 2026 Results
What the November Sale brought, overall and by category, scored against the benchmarks published before the sale.
Data as of 9:20 p.m., November 2, 2026 · The November Sale, Lexington
- $100,167,000gross for 138 horses sold
- $350,000median
- 80.5%ring clearance
169 offered, 31 not sold, 42 out.
Before the sale: Inside the Fasig-Tipton November 2026 Catalog, with the benchmarks scored here.
01 · The sale
What the November Sale brought
$100,167,000
for 138 horses, at a $350,000 median.
The sale grossed $100,167,000 from 138 horses, against $105,327,000 from 144 in 2025 in our records. The median was $350,000 (2025: $322,500) and the average $725,848 (2025: $731,438). Of the 169 horses offered, 136 sold in the ring, a clearance of 80.5 percent against 77.5 percent last year. The gross ranks fifth-highest and the median highest of the ten Novembers on file.
Gross by year
Ring clearance by year
Show the data
| Year | Offered | Sold in ring | RNA | Post-sale | Clearance | Sold | Gross | Median | Average |
|---|---|---|---|---|---|---|---|---|---|
| 2017 | 141 | 113 | 26 | 2 | 80.1% | 115 | $74,200,000 | $250,000 | $645,217 |
| 2018 | 193 | 128 | 53 | 12 | 66.3% | 140 | $89,473,000 | $327,500 | $639,093 |
| 2019 | 168 | 124 | 40 | 4 | 73.8% | 128 | $68,011,000 | $300,000 | $531,336 |
| 2020 | 211 | 130 | 69 | 12 | 61.6% | 142 | $80,237,000 | $200,000 | $565,049 |
| 2021 | 194 | 144 | 45 | 5 | 74.2% | 149 | $103,699,000 | $300,000 | $695,966 |
| 2022 | 240 | 169 | 70 | 1 | 70.4% | 170 | $101,289,000 | $250,000 | $595,818 |
| 2023 | 205 | 154 | 51 | 0 | 75.1% | 154 | $101,281,000 | $295,000 | $657,669 |
| 2024 | 236 | 172 | 58 | 6 | 72.9% | 178 | $96,423,500 | $250,000 | $541,705 |
| 2025 | 178 | 138 | 34 | 6 | 77.5% | 144 | $105,327,000 | $322,500 | $731,438 |
| 2026 | 169 | 136 | 31 | 2 | 80.5% | 138 | $100,167,000 | $350,000 | $725,848 |
02 · By category
Weanlings, mares in foal and racing prospects
80.3%
of weanlings offered sold in the ring, against 91.8% in 2025.
Weanlings cleared at 80.3 percent (2025: 91.8 percent) and sold at a $160,000 median (2025: $180,000). Mares in foal cleared at 80.5 percent (2025: 70.0 percent) and sold at an $875,000 median (2025: $650,000). Racing and broodmare prospects cleared at 80.8 percent (2025: 65.5 percent) and sold at a $937,500 median (2025: $775,000). Racing and broodmare prospects produced the largest share of the gross, 54.3 percent.
Ring clearance by section
Median price by section
Show the data
| Section | Year | Offered | Sold in ring | RNA | Post-sale | Clearance | Sold | Gross | Median | Average |
|---|---|---|---|---|---|---|---|---|---|---|
| Weanlings | 2025 | 73 | 67 | 6 | 0 | 91.8% | 67 | $13,477,000 | $180,000 | $201,149 |
| Weanlings | 2026 | 76 | 61 | 15 | 0 | 80.3% | 61 | $14,062,000 | $160,000 | $230,525 |
| Mares in foal | 2025 | 50 | 35 | 12 | 3 | 70.0% | 38 | $44,295,000 | $650,000 | $1,165,658 |
| Mares in foal | 2026 | 41 | 33 | 8 | 0 | 80.5% | 33 | $31,700,000 | $875,000 | $960,606 |
| Racing and broodmare prospects | 2025 | 55 | 36 | 16 | 3 | 65.5% | 39 | $47,555,000 | $775,000 | $1,219,359 |
| Racing and broodmare prospects | 2026 | 52 | 42 | 8 | 2 | 80.8% | 44 | $54,405,000 | $937,500 | $1,236,477 |
03 · Weanlings
Weanlings
$160,000
median for 61 weanlings sold, against $180,000 in 2025.
Of the 76 offered, 61 sold in the ring and 15 did not: a clearance of 80.3 percent against 91.8 percent in 2025. The 61 sold brought $14,062,000 at a $160,000 median and $230,525 average, against 67 for $13,477,000 at $180,000 and $201,149 in 2025. The median ranks second-highest and the clearance third-highest of the ten Novembers on file. Weanlings conceived at $150,000 or more sold at a $617,500 median (8 sold), against $375,000 from 2023 to 2025.
Median price by year
Median price by conception fee
Show the data
| Year | Offered | Sold in ring | RNA | Post-sale | Clearance | Sold | Gross | Median | Average |
|---|---|---|---|---|---|---|---|---|---|
| 2017 | 54 | 44 | 9 | 1 | 81.5% | 45 | $9,011,000 | $110,000 | $200,244 |
| 2018 | 85 | 49 | 25 | 11 | 57.6% | 60 | $9,858,000 | $112,500 | $164,300 |
| 2019 | 66 | 48 | 17 | 1 | 72.7% | 49 | $8,581,000 | $130,000 | $175,122 |
| 2020 | 116 | 61 | 46 | 9 | 52.6% | 70 | $9,655,000 | $91,000 | $137,929 |
| 2021 | 89 | 59 | 27 | 3 | 66.3% | 62 | $9,642,000 | $115,000 | $155,516 |
| 2022 | 128 | 88 | 39 | 1 | 68.8% | 89 | $16,349,000 | $140,000 | $183,697 |
| 2023 | 102 | 74 | 28 | 0 | 72.5% | 74 | $13,356,000 | $145,000 | $180,486 |
| 2024 | 114 | 84 | 30 | 0 | 73.7% | 84 | $14,168,500 | $142,500 | $168,673 |
| 2025 | 73 | 67 | 6 | 0 | 91.8% | 67 | $13,477,000 | $180,000 | $201,149 |
| 2026 | 76 | 61 | 15 | 0 | 80.3% | 61 | $14,062,000 | $160,000 | $230,525 |
| Fee band | Benchmark offered | Clearance | Median | Multiple | 2026 offered | Clearance | Median | Multiple |
|---|---|---|---|---|---|---|---|---|
| Under $25,000 | 53 | 83.0% | $75,000 | 5.33x | 14 | 71.4% | $92,500 | 7.10x |
| $25,000 to $49,999 | 99 | 71.7% | $140,000 | 4.17x | 40 | 77.5% | $160,000 | 5.33x |
| $50,000 to $99,999 | 61 | 91.8% | $200,000 | 3.14x | 9 | 88.9% | $92,500 | 1.42x |
| $100,000 to $149,999 | 23 | 69.6% | $285,000 | 2.71x | 1 | 100.0% | $220,000 | 2.00x |
| $150,000 or more | 14 | 78.6% | $375,000 | 2.00x | 9 | 88.9% | $617,500 | 2.57x |
| Hip | Horse | Consignor | Buyer | Price |
|---|---|---|---|---|
| 80 | Not This Time weanling out of Feeling Mischief | Taylor Made Sales Agency | Caitlin Dunne, Agt. for Asagi Stables | $1,150,000 |
| 36 | Into Mischief weanling out of Solo Album | Gainesway | Caitlin Dunne, Agt. for Asagi Stables | $1,000,000 |
| 90 | Not This Time weanling out of Rockadelic | Paramount Sales LLC | Takahiro Iida | $850,000 |
| 62 | Into Mischief weanling out of Callmethesqueeze | Eaton Sales | Gilded Age | $800,000 |
| 51 | Practical Joke weanling out of Act Now | Hunter Valley Farm | Legacy Ranch Inc | $530,000 |
04 · First-crop sires
First-crop weanlings at the same fee
5.33x
median price over conception fee for first-crop weanlings sold.
First-crop weanlings sold at 5.33 times their conception fees (23 sold), against 4.00 times for weanlings by established sires. Under a $50,000 fee the figures were 5.33 times and 6.17 times, against 4.40 times and 4.50 times from 2023 to 2025.
Median multiple by group
Show the data
| Group | Period | Sold | Median multiple |
|---|---|---|---|
| First crop, all fees | 2026 | 23 | 5.33x |
| Established, all fees | 2026 | 38 | 4.00x |
| First crop, under $50,000 | 2026 | 23 | 5.33x |
| Established, under $50,000 | 2026 | 18 | 6.17x |
| First crop, all fees | 2023 to 2025 | 75 | 4.30x |
| Established, all fees | 2023 to 2025 | 123 | 3.20x |
| First crop, under $50,000 | 2023 to 2025 | 51 | 4.40x |
| Established, under $50,000 | 2023 to 2025 | 64 | 4.50x |
05 · Mares in foal
Mares in foal
$875,000
median for 33 mares in foal sold, against $650,000 in 2025.
Of the 41 offered, 33 sold in the ring and 8 did not: a clearance of 80.5 percent against 70.0 percent in 2025. The 33 sold brought $31,700,000 at an $875,000 median and $960,606 average, against 38 for $44,295,000 at $650,000 and $1,165,658 in 2025. The median ranks highest and the clearance highest of the ten Novembers on file. The 20 offered with covers at $200,000 or more sold at a $987,500 median (18 sold), against $1,250,000 from 2023 to 2025. Mares five or younger sold at an $800,000 median (17 sold), mares six to nine at $875,000 (13 sold).
Median price by year
Median price by cover fee
Show the data
| Year | Offered | Sold in ring | RNA | Post-sale | Clearance | Sold | Gross | Median | Average |
|---|---|---|---|---|---|---|---|---|---|
| 2017 | 43 | 30 | 12 | 1 | 69.8% | 31 | $23,999,000 | $260,000 | $774,161 |
| 2018 | 53 | 35 | 17 | 1 | 66.0% | 36 | $32,670,000 | $612,500 | $907,500 |
| 2019 | 59 | 38 | 19 | 2 | 64.4% | 40 | $27,030,000 | $575,000 | $675,750 |
| 2020 | 53 | 36 | 15 | 2 | 67.9% | 38 | $26,715,000 | $475,000 | $703,026 |
| 2021 | 58 | 43 | 13 | 2 | 74.1% | 45 | $46,467,000 | $450,000 | $1,032,600 |
| 2022 | 57 | 36 | 21 | 0 | 63.2% | 36 | $36,540,000 | $562,500 | $1,015,000 |
| 2023 | 54 | 41 | 13 | 0 | 75.9% | 41 | $33,055,000 | $500,000 | $806,220 |
| 2024 | 66 | 45 | 20 | 1 | 68.2% | 46 | $36,510,000 | $475,000 | $793,696 |
| 2025 | 50 | 35 | 12 | 3 | 70.0% | 38 | $44,295,000 | $650,000 | $1,165,658 |
| 2026 | 41 | 33 | 8 | 0 | 80.5% | 33 | $31,700,000 | $875,000 | $960,606 |
| Fee band | Benchmark offered | Clearance | Median | Multiple | 2026 offered | Clearance | Median | Multiple |
|---|---|---|---|---|---|---|---|---|
| Under $50,000 | 28 | 67.9% | $250,000 | 7.38x | 3 | 66.7% | $250,000 | 6.19x |
| $50,000 to $99,999 | 33 | 81.8% | $350,000 | 4.67x | 6 | 66.7% | $437,500 | 6.17x |
| $100,000 to $199,999 | 35 | 60.0% | $570,000 | 4.07x | 12 | 75.0% | $675,000 | 5.00x |
| $200,000 or more | 51 | 72.5% | $1,250,000 | 5.75x | 20 | 90.0% | $987,500 | 4.50x |
| Hip | Horse | Consignor | Buyer | Price |
|---|---|---|---|---|
| 144 | Running Away | Taylor Made Sales Agency | St Elias Stables LLC | $2,300,000 |
| 172 | Bottle of Rouge | Hill 'N' Dale Sales Agency | Yosuke Imafuku | $2,200,000 |
| 202 | In It for the Gold | Bluegrass Th'bred Services Inc | Al Ruwais Stables Inc | $2,100,000 |
| 136 | Pray for Leslie | Buckland Sales | Stonestreet Stables LLC | $2,025,000 |
| 197 | Gata Brazil | Burleson Farms | Whisper Hill Farm LLC & Three Chimneys Farm | $1,750,000 |
06 · Racing and broodmare prospects
Racing and broodmare prospects
$937,500
median for 44 sold, at an 80.8% ring clearance.
Of the 52 offered, 42 sold in the ring, 2 more sold after it and 8 did not sell: a clearance of 80.8 percent against 65.5 percent in 2025. The 44 sold brought $54,405,000 at a $937,500 median and $1,236,477 average, against 39 for $47,555,000 at $775,000 and $1,219,359 in 2025. The median ranks highest and the clearance fifth-highest of the ten Novembers on file.
Ring clearance by year
Median price by year
Show the data
| Year | Offered | Sold in ring | RNA | Post-sale | Clearance | Sold | Gross | Median | Average |
|---|---|---|---|---|---|---|---|---|---|
| 2017 | 44 | 39 | 5 | 0 | 88.6% | 39 | $41,190,000 | $600,000 | $1,056,154 |
| 2018 | 55 | 44 | 11 | 0 | 80.0% | 44 | $46,945,000 | $625,000 | $1,066,932 |
| 2019 | 43 | 38 | 4 | 1 | 88.4% | 39 | $32,400,000 | $450,000 | $830,769 |
| 2020 | 42 | 33 | 8 | 1 | 78.6% | 34 | $43,867,000 | $337,500 | $1,290,206 |
| 2021 | 47 | 42 | 5 | 0 | 89.4% | 42 | $47,590,000 | $615,000 | $1,133,095 |
| 2022 | 55 | 45 | 10 | 0 | 81.8% | 45 | $48,400,000 | $600,000 | $1,075,556 |
| 2023 | 49 | 39 | 10 | 0 | 79.6% | 39 | $54,870,000 | $750,000 | $1,406,923 |
| 2024 | 56 | 43 | 8 | 5 | 76.8% | 48 | $45,745,000 | $475,000 | $953,021 |
| 2025 | 55 | 36 | 16 | 3 | 65.5% | 39 | $47,555,000 | $775,000 | $1,219,359 |
| 2026 | 52 | 42 | 8 | 2 | 80.8% | 44 | $54,405,000 | $937,500 | $1,236,477 |
| Hip | Horse | Consignor | Buyer | Price |
|---|---|---|---|---|
| 161 | Ways and Means | Elite Race Sales LLC | Boyd Racing, Brittany Linton Agent | $5,000,000 |
| 182 | Cy Fair | Taylor Made Sales Agency | Amo Racing USA LLC | $4,200,000 |
| 208 | Kathynmarissa | Gainesway | Katsumi Yoshida | $3,200,000 |
| 147 | Scottish Lassie | Taylor Made Sales Agency | Spendthrift Farm LLC | $3,000,000 |
| 171 | Bless the Broken | Hunter Valley Farm | Moyglare Stud Farm Ltd | $2,900,000 |
07 · Scored
How Monday’s tests came out
The three tests the catalog page set before the sale, against the 2023 to 2025 benchmarks it published.
Weanlings by sires cut for 2027 went through the ring. They cleared at 80.5 percent against 76.6 percent, sold at a $125,000 median against $130,000 and 4.67 times the fee against 3.47 times from 2023 to 2025.
Weanlings by first-crop sires went through the ring. They cleared at 79.3 percent against 75.8 percent, sold at a $150,000 median against $140,000 and 5.33 times the fee against 4.30 times from 2023 to 2025.
Mares carrying covers at $200,000 or more went through the ring. They cleared at 90.0 percent against 72.5 percent, sold at a $987,500 median against $1,250,000 and 4.50 times the fee against 5.75 times from 2023 to 2025.
Show the data
| Test | Period | Offered | Clearance | Sold | Median | Multiple |
|---|---|---|---|---|---|---|
| Weanlings by sires cut for 2027 | 2023 to 2025 | 124 | 76.6% | 95 | $130,000 | 3.47x |
| Weanlings by sires cut for 2027 | 2026 | 41 | 80.5% | 33 | $125,000 | 4.67x |
| Weanlings by first-crop sires | 2023 to 2025 | 99 | 75.8% | 75 | $140,000 | 4.30x |
| Weanlings by first-crop sires | 2026 | 29 | 79.3% | 23 | $150,000 | 5.33x |
| Mares carrying covers at $200,000 or more | 2023 to 2025 | 51 | 72.5% | 39 | $1,250,000 | 5.75x |
| Mares carrying covers at $200,000 or more | 2026 | 20 | 90.0% | 18 | $987,500 | 4.50x |
08 · Top prices
The highest prices, and the breeding rights
35 horses sold for $1,000,000 or more. The table lists the ten highest prices. The lifetime breeding rights are listed apart from the horses.
| Hip | Horse | Category | Consignor | Buyer | Price |
|---|---|---|---|---|---|
| 161 | Ways and Means | Racing or broodmare prospect | Elite Race Sales LLC | Boyd Racing, Brittany Linton Agent | $5,000,000 |
| 182 | Cy Fair | Racing or broodmare prospect | Taylor Made Sales Agency | Amo Racing USA LLC | $4,200,000 |
| 208 | Kathynmarissa | Racing or broodmare prospect | Gainesway | Katsumi Yoshida | $3,200,000 |
| 147 | Scottish Lassie | Racing or broodmare prospect | Taylor Made Sales Agency | Spendthrift Farm LLC | $3,000,000 |
| 171 | Bless the Broken | Racing or broodmare prospect | Hunter Valley Farm | Moyglare Stud Farm Ltd | $2,900,000 |
| 177 | Clicquot | Racing or broodmare prospect | Hill 'N' Dale Sales Agency | B-4 Farms LLC | $2,600,000 |
| 203 | In Our Time | Racing or broodmare prospect | Elite Race Sales LLC | Katsumi Yoshida | $2,500,000 |
| 144 | Running Away | Mare in foal | Taylor Made Sales Agency | St Elias Stables LLC | $2,300,000 |
| 172 | Bottle of Rouge | Mare in foal | Hill 'N' Dale Sales Agency | Yosuke Imafuku | $2,200,000 |
| 202 | In It for the Gold | Mare in foal | Bluegrass Th'bred Services Inc | Al Ruwais Stables Inc | $2,100,000 |
| Hip | Lifetime breeding right | Result | Buyer | Price |
|---|---|---|---|---|
| 165 | Sovereignty | Sold | White Birch Farm Inc | $1,000,000 |
| 180 | Knightsbridge | Sold | Havertz Bloodstock | $450,000 |
| 195 | Nyquist | Not sold | – | – |
09 · Buyers and consignors
Leading buyers and consignors
94 buyers took home the 138 horses sold. Katsumi Yoshida led by gross with 6 horses for $10,900,000. Taylor Made Sales Agency led the 42 consignors with 24 sold for $23,330,000.
Leading buyers, all horses
| Buyer | Horses | Gross | Top price |
|---|---|---|---|
| Katsumi Yoshida | 6 | $10,900,000 | $3,200,000 |
| Spendthrift Farm LLC | 6 | $6,030,000 | $3,000,000 |
| St Elias Stables LLC | 4 | $5,500,000 | $2,300,000 |
| Boyd Racing | 1 | $5,000,000 | $5,000,000 |
| Amo Racing USA LLC | 1 | $4,200,000 | $4,200,000 |
| Stonestreet Stables LLC | 2 | $3,425,000 | $2,025,000 |
| Hill N Dale at Xalapa | 2 | $3,000,000 | $2,000,000 |
| Shadai Farm | 2 | $3,000,000 | $1,500,000 |
| Moyglare Stud Farm Ltd | 1 | $2,900,000 | $2,900,000 |
| Saint George | 3 | $2,800,000 | $1,500,000 |
Weanlings: leading buyers
| Buyer | Horses | Gross | Top price |
|---|---|---|---|
| Asagi Stables | 2 | $2,150,000 | $1,150,000 |
| Takahiro Iida | 1 | $850,000 | $850,000 |
| Paca Paca Farm | 3 | $810,000 | $350,000 |
| Gilded Age | 1 | $800,000 | $800,000 |
| Spendthrift Farm LLC | 3 | $780,000 | $400,000 |
Mares in foal: leading buyers
| Buyer | Horses | Gross | Top price |
|---|---|---|---|
| Saint George | 3 | $2,800,000 | $1,500,000 |
| Al Ruwais Stables Inc | 2 | $2,800,000 | $2,100,000 |
| St Elias Stables LLC | 1 | $2,300,000 | $2,300,000 |
| Yosuke Imafuku | 1 | $2,200,000 | $2,200,000 |
| Stonestreet Stables LLC | 1 | $2,025,000 | $2,025,000 |
Racing and broodmare prospects: leading buyers
| Buyer | Horses | Gross | Top price |
|---|---|---|---|
| Katsumi Yoshida | 5 | $9,300,000 | $3,200,000 |
| Spendthrift Farm LLC | 3 | $5,250,000 | $3,000,000 |
| Boyd Racing | 1 | $5,000,000 | $5,000,000 |
| Amo Racing USA LLC | 1 | $4,200,000 | $4,200,000 |
| St Elias Stables LLC | 3 | $3,200,000 | $1,425,000 |
Leading consignors, all horses
| Consignor | Offered | Sold | Ring clearance | Gross |
|---|---|---|---|---|
| Taylor Made Sales Agency | 30 | 24 | 80.0% | $23,330,000 |
| Elite Race Sales LLC | 9 | 8 | 88.9% | $12,925,000 |
| Hill 'N' Dale Sales Agency | 11 | 8 | 63.6% | $8,675,000 |
| Gainesway | 7 | 5 | 71.4% | $5,840,000 |
| Hunter Valley Farm | 6 | 6 | 100.0% | $5,710,000 |
| Bluewater Sales LLC | 5 | 4 | 80.0% | $5,275,000 |
| Twin Oaks Bloodstock LLC | 7 | 6 | 85.7% | $3,560,000 |
| Denali Stud | 4 | 4 | 100.0% | $3,235,000 |
| Mill Ridge Sales | 9 | 8 | 88.9% | $3,082,000 |
| Buckland Sales | 3 | 3 | 100.0% | $2,875,000 |
Weanlings: leading consignors
| Consignor | Offered | Sold | Ring clearance | Gross |
|---|---|---|---|---|
| Taylor Made Sales Agency | 7 | 5 | 71.4% | $2,065,000 |
| Eaton Sales | 4 | 4 | 100.0% | $1,660,000 |
| Paramount Sales LLC | 6 | 4 | 66.7% | $1,350,000 |
| Gainesway | 2 | 2 | 100.0% | $1,190,000 |
| Hunter Valley Farm | 3 | 3 | 100.0% | $1,130,000 |
Mares in foal: leading consignors
| Consignor | Offered | Sold | Ring clearance | Gross |
|---|---|---|---|---|
| Taylor Made Sales Agency | 11 | 8 | 72.7% | $9,475,000 |
| Hill 'N' Dale Sales Agency | 2 | 2 | 100.0% | $2,875,000 |
| Denali Stud | 3 | 3 | 100.0% | $2,800,000 |
| Buckland Sales | 2 | 2 | 100.0% | $2,525,000 |
| Twin Oaks Bloodstock LLC | 4 | 4 | 100.0% | $2,425,000 |
Racing and broodmare prospects: leading consignors
| Consignor | Offered | Sold | Ring clearance | Gross |
|---|---|---|---|---|
| Taylor Made Sales Agency | 12 | 11 | 91.7% | $11,790,000 |
| Elite Race Sales LLC | 5 | 4 | 80.0% | $11,250,000 |
| Hill 'N' Dale Sales Agency | 7 | 5 | 57.1% | $5,400,000 |
| Bluewater Sales LLC | 5 | 4 | 80.0% | $5,275,000 |
| Gainesway | 5 | 3 | 60.0% | $4,650,000 |
Ranked by gross. Horses only, post-sales included; the lifetime breeding rights are left out. A purchase signed by an agent for a named buyer is credited to that buyer, and spelling variants of one buyer’s name are combined. Consignors are counted on every horse they brought to the ring; ring clearance is horses sold in the ring over horses offered.
Method
Results come from TI’s sale database as of 9:20 p.m. on November 2, 2026. Provisional means post-sale transactions reported after that time are not included. Offered is sold plus RNA plus post-sale, ring clearance is horses sold in the ring divided by horses offered, and sold, gross, median and average include post-sale transactions and never RNAs. A horse that did not sell in the ring and sold afterward counts as a post-sale. Lifetime breeding rights are reported apart from the horses.
Benchmarks are the 2023 to 2025 figures published on the catalog page before the sale. Fees are TI’s Kentucky stud fee data: a weanling’s conception fee is its sire’s 2025 fee, a cover’s is the covering sire’s 2026 fee. Multiples are gross, before any expense.
This page reports the sale in aggregate and expresses no view on any horse in it.