Auction races are specifically designed for two-year old thoroughbred horses which have been sold or bought by public auction at a specific price and date. Auction races are mostly but not solely held for breeding purposes and have high stakes.
Tattersalls belongs to one of the oldest and most prestigious bloodstock auctioneers in the world as well as the largest in Europe. With an offering of 10.000 thoroughbred horses each year, Tattersalls has grown to an international firm since its establishment in 1766 by founding father Richard Tattersalls. Therefore, the Tattersalls Millions sales race series is said to be the most extensive thoroughbred auction race run in the Northern Hemisphere, accumulating up to 1.3000 pounds in prize money.
Another nameable German bloodstock auctioneer is the Baden-Baden Sales Company (BBAG) E., which has become Germany’s leading thoroughbred sales firm in Germany and Europe.
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Examples of auction races:
- Maiden auction races are flat races restricted to two-year old maiden horses, which have been sold or bought in by public auction.
- Novice auction races are flat races restricted to two-year old horses, which have not won more than two races of any class or have been sold or bought in by public at specific sales.
- A breeze-up is a type of auction race by which two-year old thoroughbreds run for a short distance in order to be assessed by potential buyers.