Keeneland Sales
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Keeneland Sales
Keeneland Sales is an American Thoroughbred auction house in Lexington, Kentucky founded in 1935 as a nonprofit racing/auction entity on 147 acres (0.59 km2) of farmland west of Lexington, which had been owned by Jack O. Keene. A division of Keeneland Association, Inc., it holds three annual horse auctions that attract buyers from around the globe: *January - Horses of All Ages :This sale, as its name implies, features horses of all ages, including breeding stock, horses of racing age and short yearlings. Breeding "seasons"—the rights to breed one mare to a specified stallion in a given year—are also sold at this auction. *September - Yearling :This sale, the world's largest sale of yearlings, has been conducted at various times in the fall since 1944, and was permanently moved to September in 1960. Keeneland accepts all horses nominated to sale, making it the largest market for Thoroughbred yearlings in the world. Format changes instituted in 2010 introduced a three tier ...
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Thoroughbred
The Thoroughbred is a horse breed best known for its use in horse racing. Although the word ''thoroughbred'' is sometimes used to refer to any breed of purebred horse, it technically refers only to the Thoroughbred breed. Thoroughbreds are considered " hot-blooded" horses that are known for their agility, speed, and spirit. The Thoroughbred, as it is known today, was developed in 17th- and 18th-century England, when native mares were crossbred with imported Oriental stallions of Arabian, Barb, and Turkoman breeding. All modern Thoroughbreds can trace their pedigrees to three stallions originally imported into England in the 17th and 18th centuries, and to a larger number of foundation mares of mostly English breeding. During the 18th and 19th centuries, the Thoroughbred breed spread throughout the world; they were imported into North America starting in 1730 and into Australia, Europe, Japan and South America during the 19th century. Millions of Thoroughbreds exist today, a ...
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Auction
An auction is usually a process of buying and selling goods or services by offering them up for bids, taking bids, and then selling the item to the highest bidder or buying the item from the lowest bidder. Some exceptions to this definition exist and are described in the section about different types. The branch of economic theory dealing with auction types and participants' behavior in auctions is called auction theory. The open ascending price auction is arguably the most common form of auction and has been used throughout history. Participants bid openly against one another, with each subsequent bid being higher than the previous bid. An auctioneer may announce prices, while bidders submit bids vocally or electronically. Auctions are applied for trade in diverse contexts. These contexts include antiques, paintings, rare collectibles, expensive wines, commodities, livestock, radio spectrum, used cars, real estate, online advertising, vacation packages, emission trading, a ...
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Lexington, Kentucky
Lexington is a city in Kentucky, United States that is the county seat of Fayette County, Kentucky, Fayette County. By population, it is the List of cities in Kentucky, second-largest city in Kentucky and List of United States cities by population, 57th-largest city in the United States. By land area, it is the country's List of United States cities by area, 28th-largest city. The city is also known as "Horse Capital of the World". It is within the state's Bluegrass region. Notable locations in the city include the Kentucky Horse Park, The Red Mile and Keeneland race courses, Rupp Arena, Central Bank Center, Transylvania University, the University of Kentucky, and Bluegrass Community and Technical College. As of the 2020 United States census, 2020 census the population was 322,570, anchoring a Lexington-Fayette, KY Metropolitan Statistical Area, metropolitan area of 516,811 people and a Lexington-Fayette-Frankfort-Richmond, KY Combined Statistical Area, combined statistical ar ...
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Keeneland
Keeneland Association, Inc. is an equine business based in Lexington, Kentucky. It includes two distinct divisions: the Keeneland Race Course, a Thoroughbred racing facility, and Keeneland Sales, a horse auction complex. It is also known for its reference library. In 2009, the Horseplayers Association of North America introduced a rating system for 65 Thoroughbred racetracks in North America. Keeneland was ranked #1 of the top ten tracks. It is listed on the National Register of Historic Places and designated a National Historic Landmark in 1986. History Keeneland originated as a nonprofit racing–auction entity on of farmland west of Lexington, which had been owned by the son of James R. Keene, Jack Keene, a driving force behind the building of the facility. It has used proceeds from races and its auctions to further the thoroughbred industry as well as to contribute to the surrounding community. Keeneland Race Course has conducted live race meets in April and October si ...
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Epsom Derby
The Derby Stakes, also known as the Epsom Derby or the Derby, and as the Cazoo Derby for sponsorship reasons, is a Group 1 flat horse race in England open to three-year-old colts and fillies. It is run at Epsom Downs Racecourse in Surrey on the first Saturday of June each year, over a distance of one mile, four furlongs and 6 yards (2,420 metres). It was first run in 1780. It is Britain's richest flat horse race, and the most prestigious of the five Classics. It is sometimes referred to as the "Blue Riband" of the turf. The race serves as the middle leg of the historically significant Triple Crown of British horse racing, preceded by the 2000 Guineas and followed by the St Leger, although the feat of winning all three is rarely attempted in the modern era due to changing priorities in racing and breeding, and the demands it places on horses. The name "Derby" (deriving from the sponsorship of the Earl of Derby) has been borrowed many times, notably by the Kentucky D ...
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American Horse Of The Year
The American Award for Horse of the Year, one of the Eclipse Awards, is the highest honor given in American thoroughbred horse racing. Because Thoroughbred horse racing in the United States has no governing body to sanction the various awards, "Horse of the Year" is not an official national award. The Champion award is a designation given to a horse, irrespective of age, whose performance during the racing year was deemed the most outstanding. The list below is a Champion's history compilation beginning with the year 1887 published by the Thoroughbred Owners and Breeders Association's ''The Blood-Horse'' magazine (founded 1961), described by ESPN as "the Thoroughbred industry's most-respected trade publication". In 1936 a Horse of the Year award was created by a poll of the staff of '' The New York Morning Telegraph'' and its sister newspaper, the ''Daily Racing Form'' (DRF), a tabloid founded in 1894 that was focused on statistical information for bettors. At the same time a ri ...
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Fasig-Tipton
The Fasig-Tipton Company, Inc. is an American auction house for Thoroughbred and Standardbred horses. Founded in 1898, it is the oldest auction company of its kind in North America. The company has offices in Lexington, Kentucky, Elkton, Maryland, Grand Prairie, Texas, Saratoga Springs, New York, and Ocala, Florida. In 2008, Fasig-Tipton Co. was purchased by Synergy Investments Ltd., a Dubai-based company headed by Abdulla Al Habbai. Of the 13 Triple Crown of Thoroughbred Racing, Triple Crown winners, two of the three which were offered at public auction were sold at Fasig-Tipton: 2015 winner American Pharoah, sold at the 2013 Fasig-Tipton Saratoga Sale and 1975 Seattle Slew, sold at the 1973 Fasig-Tipton July Sale in Kentucky. History 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 Gard ...
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Thoroughbred Valuation
Thoroughbred valuation is the art of determining the value or potential value of a Thoroughbred horse, particularly of race horses. Prices on Thoroughbreds vary greatly, depending on age, pedigree, conformation, and other market factors. In 2007, Keeneland Sales, a United States-based sales company, sold 9,124 horses at auction, with a total value of $814,401,000, which gives an average price of $89,259. As a whole for the United States in 2007, The Jockey Club auction statistics indicate that the average weanling sold for $44,407, the average yearling sold for $55,300, average sale price for two-year-olds was $61,843, broodmares averaged $70,150, and horses over two and broodmare prospects sold for an average of $53,243. For Europe, the July 2007 Tattersall's Sale sold 593 horses at auction, with a total for the sale of 10,951,300 guineas, for an average of 18,468 guineas. Doncaster Bloodstock Sales, another British sales firm, in 2007 sold 2,248 horses for a total value of 43, ...
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Horse Auction Houses
The horse (''Equus ferus caballus'') is a domesticated, one-toed, hoofed mammal. It belongs to the taxonomic family Equidae and is one of two extant subspecies of ''Equus ferus''. The horse has evolved over the past 45 to 55 million years from a small multi-toed creature, ''Eohippus'', into the large, single-toed animal of today. Humans began domesticating horses around 4000 BCE, and their domestication is believed to have been widespread by 3000 BCE. Horses in the subspecies ''caballus'' are domesticated, although some domesticated populations live in the wild as feral horses. These feral populations are not true wild horses, as this term is used to describe horses that have never been domesticated. There is an extensive, specialized vocabulary used to describe equine-related concepts, covering everything from anatomy to life stages, size, colors, markings, breeds, locomotion, and behavior. Horses are adapted to run, allowing them to quickly escape predators, and po ...
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Equine Firms Based In Kentucky
Equinae is a subfamily of the family Equidae, which have lived worldwide (except Indonesia and Australia) from the Hemingfordian stage of the Early Miocene (16 million years ago) onwards. They are thought to be a monophyletic grouping.B. J. MacFadden. 1998. Equidae. In C. M. Janis, K. M. Scott, and L. L. Jacobs (eds.), Evolution of Tertiary Mammals of North America Members of the subfamily are referred to as equines; the only extant equines are the horses, asses, and zebras of the genus ''Equus''. The subfamily contains two tribes, the Equini and the Hipparionini, as well as two unplaced genera, ''Merychippus'' and ''Scaphohippus''. Sister taxa * Anchitheriinae * Hyracotheriinae ''Hyracotherium'' ( ; "hyrax-like beast") is an extinct genus of very small (about 60 cm in length) perissodactyl ungulates that was found in the London Clay formation. This small, fox-sized animal was once considered to be the earliest kno ... References Miocene horses Pliocene odd- ...
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Companies Based In Lexington, Kentucky
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Horse Racing In Lexington, Kentucky
The horse (''Equus ferus caballus'') is a Domestication, domesticated, odd-toed ungulate, one-toed, ungulate, hoofed mammal. It belongs to the taxonomic family Equidae and is one of two Extant taxon, extant subspecies of wild horse, ''Equus ferus''. The horse has evolution of the horse, evolved over the past 45 to 55 million years from a small multi-toed creature, ''Eohippus'', into the large, single-toed animal of today. Humans began domesticating horses around 4000 BCE, and their domestication of the horse, domestication is believed to have been widespread by 3000 BCE. Horses in the subspecies ''caballus'' are domesticated, although some domesticated populations live in the wild as feral horses. These feral populations are not true wild horses, as this term is used to describe horses that have never been domesticated. There is an extensive, specialized vocabulary used to describe equine-related concepts, covering everything from equine anatomy, anatomy to life stages, size ...
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