Keeneland September Yearling Sale Breaks All Kinds of Records
To say thoroughbred racing is alive and well is an understatement.
The Keeneland Sale Company, based in Lexington, KY, just completed the first four days of a two week thoroughbred sale producing record sale numbers. 989 horses were catalogued in the prestigious Book 1 of the sale, lasting four days. Of those entered, 596 sold for a total of $216,813,000. That number is a 10.3% gain from last year.
Book 1 is considered to be the finest horses available as yearlings in the world. Their pedigree, their stature, their physical presence are all evaluated in advance of being entered in the sale. For four days, the average horse sold for $363,780, a 26% increase from last season. Somewhere in those numbers, a Kentucky Derby or Triple Crown champion is lurking. 2018 Triple Crown winner Justify was bought at this same sale in 2016 for $500,000.
To date, 26 horses sold for upwards of $1,000,000, compared to 13 last year. The sale topper so far sold for $2,400,000.
“If you have a nice horse, you are going to get them sold for a lot of money,” said buyer Traci Olson. “The other side of things is that you better be ready to get your wallet out to get these top horses, because none of them are selling cheap.”
The sale takes a day off Friday before beginning Book 2 on Saturday. The sale runs through next weekend.