Sales

Article

Keeneland Thoroughbred Sale Suffers More Setbacks

November 06, 2008

The marketplace continued to take a pounding from negative economic forces outside the Thoroughbred industry during the third day of the Keeneland November breeding stock sale in Lexington. Compared to 2007, the Nov. 5 session was down 42.1% in... Read More

Article

Keeneland Thoroughbred Sale Continues Slump in Second Session

November 05, 2008

When most everything else in the world--including stocks and home values--seems to be losing value, 3-year-old racehorse Mushka went up in the value, proving the old adage that good horses will bring good money, even in tough economic times.... Read More

Article

Dam of Eight Belles Sells for $2.5 Million

November 05, 2008

Away, the dam of the ill-fated Eight Belles, was purchased for $2.5 million during the opening session of the 2008 Keeneland November breeding stock sale Nov. 3 at the Central Kentucky auction house.

Sheikh Mohammed's bloodstock adviser,... Read More

Article

Thoroughbred Broodmare Sells for Record Price

November 03, 2008

Even though we're in the midst of a global financial crisis, a special horse can still bring a jaw-dropping amount.

Better Than Honour, the dam of back-to-back Belmont Stakes winners Jazil and Rags to Riches, set a world Thoroughbred auctio... Read More

Article

Keeneland Thoroughbred Sale Faces Economic Hurdles

November 02, 2008

Consignors are steeling themselves and their clients for a significant downturn in the market at Keeneland's breeding stock sale, which starts Nov. 3 in Lexington and runs for 15 days. But they also are hoping that the drop in prices will bring... Read More

Article

Unwanted Thoroughbreds: A Challenge for Sellers

November 02, 2008

With the economy struggling and the buy-back/no bid rates at Thoroughbred auctions rising, the issue of unwanted horses is a growing concern. Antony Beck, president of Gainesway Farm in Lexington, decided to try to do something about it, by... Read More

Article

Keeneland November Breeding Stock Sale Starts Monday

October 30, 2008

Keeneland will open its 15-day November Thoroughbred Breeding Stock Sale--the largest of its kind in the world--on Monday, Nov. 3.

A record 5,709 horses have been cataloged for the sale, which runs through Monday, Nov. 17. Sessions begin... Read More

Article

Trail Horses Included in Resort Bankruptcy Auction

October 27, 2008

Operators of the Double JJ Resort and Ranch in Rothbury, Mich., are hopeful that the resort's 94 horses will find new homes when the company's assets are liquidated at bankruptcy auction on Oct. 30. Owners ceased operations on Sept. 3 after... Read More

Article

Readers Report Trends in This Year's Hay Market

October 21, 2008

More than 1,900 readers of TheHorse.com responded to a poll asking, "Have you purchased hay for the coming winter?"

Read More

Article

Motions Aims to Halt Curlin Sale

October 16, 2008

Although Keeneland has announced it has been retained to market the 20% minority interest in reigning Horse of the Year Curlin, a pending motion in a Kentucky court is asking for the current sale process to be halted.

Read More

Article

Buying at a Thoroughbred Auction

October 09, 2008

As investors in the housing market, stock market, and horse market are finding out, an economic downturn is a great time to find bargains. (Read more at "Sport Horse Enthusiasts Eye... Read More

Article

Sport Horse Enthusiasts Eye Thoroughbred Market

October 07, 2008

Tennessee equestrian and horse breeder Lisa Cook wanted a Thoroughbred mare to breed to her Thoroughbred stallion, but perceived high prices always prevented her from buying one at high profile auctions such as Kentucky's Keeneland sale. Bu... Read More

Article

Keeneland Yearling Buyers Utilize Steroid Tests

September 11, 2008

During the first two sessions of the 2008 Keeneland September yearling sale the Central Kentucky auction company reported 20 requests for testing for exogenous anabolic steroids.

There were six requests during the opening session Sept. 8 an... Read More

Article

Owner Turns Down $7.7 Million Bid on Yearling

September 09, 2008

Owner Michael Paulson said he bought back Azeri's first yearling in the hopes of retaining a portion of the A.P. Indy colt to race. Paulson bought back the yearling for $7.7 million during the opening session of the Keeneland September yearling sal... Read More

Article

Additional Steroid Testing for Sale Horses at Keeneland

September 08, 2008

Keeneland officials plan to expand their testing program for exogenous anabolic steroids in sale horses to include the April select juvenile auction. That decision came after Kentucky Gov. Steve Beshear signed emergency regulations Sept. 5 that... Read More

Article

Hobby or Business? Defining your Equine Venture

August 31, 2008

According to the Internal Revenue Service, if your main objective is to make a profit, then you are considered a legitimate business.

Many people involved within the horse industry often do not view their small hors... Read More

Article

Judge Denies Motion to Sell Curlin

July 11, 2008

A Kentucky judge denied a motion July 10 requesting a forced sale of 2007 Horse of the Year Curlin, a decision that was applauded by majority owner Stonestreet Stables, which clearly stated it has no desire to sell its part of the champion... Read More

Article

California Considers Enforceable Horse Trusts

July 10, 2008

In California, legislation that provides for the judicial enforcement of trusts created by owners for the continued care of their horses has made its way to Governor Schwarzenegger's desk.

Read More

Article

Trusts (Book Excerpt)

June 19, 2008

Various kinds of trusts can be valuable estate planning tools, although trusts probably are not the cure-all for probate problems they sometimes are advertised to be.

Revocable Trusts

Revocable trusts also are known a... Read More

Article

Keeping Records

June 02, 2008

At some point, in response to an audit, for example, it may be necessary to prove to the IRS that your horse activity really is a business entitled to deductions for business expenditures. You also may be required to prove the level of your participa... Read More

Article

Horse Feed: Going Green?

June 01, 2008

Are horse owners willing to "go green" in the ways they feed horses and in the packaging of those feeds?

The 24th Alltech International Animal Health and Nutrition Symposium covered a myriad of topics for all species, but... Read More

Article

Rescue Highlights Danger of 'Free Horse' Offers

May 23, 2008

Dennis Rutherford of Elma, Wash., had the best of intentions when he offered his pair of retired Thoroughbred racehorses free to good homes on a popular giveaway Web site. Now he's warning other horse owners it's dangerous to offer something for... Read More

Article

Horse Auction Operators Deal with Down Market

May 14, 2008

In a glutted market where some horses can be had for as little as $2, auctioneer Tim Jennings is trying to convince horse owners it's still a good time to sell their animals.

"We're telling people to compare how much they're spending o... Read More

Article

New Florida Horse Sale Rules Published

May 12, 2008

The most recent version of rules governing horse sales in Florida were published for public comment May 9. The regulations are being touted as a successful compromise by some of those involved in the process.

The rules, which were developed... Read More

Article

Tracking Sold Horses: Lucky Rescue of Little Cliff

May 10, 2008

During a visit to a known direct-to-slaughter holding pen in New Holland, Pa., Christy Sheidy, co-founder of equine rescue Another Chance 4 Horses, purchased a bay gelding. Thanks to a tattoo on his lip, Sheidy was able to identify the... Read More