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Where horses change hands and how the smart money behaves when they do. Reading a sale catalog, what the under-tack show actually tells you, and how to walk into Keeneland or Fasig-Tipton without overpaying for a pedigree.
At the 2026 Keeneland September Yearling Sale, 30.67% of the yearlings offered in Book 2 failed to sell through the ring, against 15.50% in Book 5B, the cheapest book of the sale. Across the whole auction the ring not-sold rate…
The Claiming Crown is the championship day for claiming horses, and in 2026 it runs on Saturday, November 14 at Churchill Downs: nine races, $1,200,000 in guaranteed purses, and not one of them written as a claiming race. Making a…
Every Thoroughbred foaled in the Northern Hemisphere has an official birthday of January 1. Every Thoroughbred foaled in the Southern Hemisphere has one of August 1. Neither is the horse’s real birth date. Both are bookkeeping conventions that let a…
A sale-attached bonus scheme should change where you buy only when the bonus you could actually collect, discounted by your honest odds of winning the qualifying race, beats the premium you pay to buy at that venue. At the two…
The OBS March Sale of Two-Year-Olds in Training is Ocala Breeders’ Sales’ select juvenile auction, held each spring in Ocala, Florida, and it sells horses that are already broken, already galloping, and close enough to a first start to run…
The Keeneland September Yearling Sale produced the highest gross ever recorded at a Thoroughbred auction anywhere in 2025: 3,070 yearlings sold for $531.5 million, at a $175,807 average and an $80,000 median. Those are the figures every recap quoted, and…
Every thoroughbred foaled in the Northern Hemisphere turns a year older on January 1, which means two yearlings standing in the same sale catalog at the same listed age can be up to 214 days apart in real age. In…
The Keeneland November Breeding Stock Sale is where the American thoroughbred industry restocks itself: 1,891 horses sold for $237.5 million across eight days in 2025, at an average of $125,572 and a median of $60,000. Keeneland calls it the world’s…
A weanling horse is a foal that has been weaned from its dam and is still in its first calendar year. In practice that means a Thoroughbred between about four and twelve months old. On January 1 it becomes a…
The Lexington Selected Yearling Sale is a Standardbred auction — harness horses, trotters and pacers — conducted by Lexington Selected Yearling Sale, LLC and held 5–8 October 2026 at the Fasig-Tipton Sales Pavilion in Lexington, Kentucky. It is not a…