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For example, at the 2007 Fall Yearling sale at Keeneland, 3,799 young horses sold for a total of $385,018,600, for an average of $101,347 per horse. [2] However, that average sales price reflected a variation that included at least 19 horses that sold for only $1,000 each and 34 that sold for over $1,000,000 apiece. [7]
For business purposes, the yearling year is considered a good time for breeders to sell young horses. One of the most famous horse auctions in the world is the Keeneland yearling sale in Kentucky , where young Thoroughbred yearlings are put up for sale to the highest bidder, generally selling for prices in the five and six figures, but ...
The New York Bred Preferred Yearling Sale is offered annually the weekend after the Saratoga Sale. During the Preferred sessions only selected New York bred horses are shown, and the public is invited to sit where they wish. The sales grounds and seating are open to the public throughout the sale but seating is limited during the Selected sessions.
Over the years, this has become the world's largest sale of Thoroughbreds. The July Selected Yearling Sale was discontinued in 2003 and the April Two-Year-Olds in Training Sale was discontinued in 2015. From 1943 to 2002, Keeneland conducted the July Selected Yearling sale. Numerous champions, including 11 Kentucky Derby winners, were sold here.
The big winner of the night was the now 4-year-old filly Thorpedo Anna, the first female horse to win since 2011 when Havre de Grace was given that honor. Zenyatta won the award in 2010.
As a yearling, Beholder was consigned by the Clarkland Farm to the sale at Keeneland in September 2011, where she was bought for $180,000 by B. Wayne Hughes' Spendthrift Farm. [10] At age two, the filly was sent into training with California-based trainer Richard Mandella. [11] Beholder in her hood and earmuffs
Seize the Grey was bought for $300,000 from the Mill Ridge Sales consignment at The Saratoga Sale, Fasig Tipton's select yearling sale in 2022. [6] Seize the Grey is owned by the MyRacehorse microsyndicate founded by Michael Behrens. The syndicate has 2,570 different owners who bought up 5,000 shares of the colt at US$127 a share. [6]
The race was first held in 1987 and has always been held at set weights. The race forms part of the Magic Millions carnival which incorporates the Gold Coast Yearling Sale and the Magic Millions Raceday is fully restricted to horses that have been sold or passed-in at one of the Magic Millions sales.