 The Fasig-Tipton Company, Inc. is an auction house for Thoroughbred horses founded in 1898 by William B. Fasig and Edward A. Tipton.It is the oldest auction company of its kind in North America.Its first headquarters were in Madison Square Garden in New York, and Fasig-Tipton initially sold high-class road and carriage horses in addition to Thoroughbred and Standardbred racing stock.