Overview
Formed in 1898 by William B. Fasig and Edward A. Tipton, Fasig-Tipton Co. is North America's oldest Thoroughbred auction company. After Fasig's death in 1903, Tipton took on Enoch James Tranter as his partner. Tranter changed the course of the American Thoroughbred industry by staging the first-ever auction of select yearlings on the grounds of the Saratoga Race Course in August, 1917.
Saratoga
Fasig-Tipton's Saratoga sale of selected yearlings is one of the premier horse auctions in the world. The Saratoga sale has produced numerous champions and classic winners, making it the leading marketplace for the finest Thoroughbred yearlings in North America. Humphrey S. Finney, for whom the Saratoga sales pavilion is named, announced his first sale for Fasig-Tipton in 1952.
Kentucky
During World War II breeders could not freely ship yearlings around the country, so the Saratoga sale was moved to Belmont Park and a separate yearling sale was started in Lexington, Kentucky. It was not until 1972 that Fasig-Tipton established its permanent Kentucky headquarters in Lexington. The Kentucky division was an immediate source of high-class racing stock, producing classic winning graduates and champions.
Two-Year-Old Sales
Finney and Joe O'Farrell, the pioneer of Thoroughbred breeding in Florida and founder of Ocala Stud, launched the first sale of two-year-olds in training in 1960. Currently, Fasig-Tipton's two-year-old sales are the only two-year-old in training sales to be conducted on a Thoroughbred race track.
California
Fasig-Tipton expanded operations into California in 2019 with the introduction of a two-year-olds in training sale at the Los Angeles County Fairplex in Pomona. The California division has grown to include a fall yearling sale, providing West Coast horsemen with quality auction opportunities.
New Era
Synergy Investments Ltd., a Dubai-based company headed by Abdulla Al Habbai, purchased Fasig-Tipton in 2008. With a promise to continue the company's long tradition of excellence and support for the industry, Synergy has updated and improved facilities across all Fasig-Tipton locations.
Digital Sales
In 2022, Fasig-Tipton launched its online sales platform, Fasig-Tipton Digital. The platform allows buyers and sellers to transact on a monthly basis throughout the year, supplementing the traditional live auction schedule with a convenient online marketplace.