Grafe Auction Company

The first items in a massive online-only auction of the contents of Arlington International Racecourse have been listed for bidding. The sales process, which is scheduled to take place over the next few months in up to 15 separate "events" grouped by asset type, is beginning with food-service and kitchen items. The coveted big-ticket racing-related offerings--marker poles, finish lines, signage, artworks, and even starting gates--will be among the last batches of items to be sold. "We're going to be targeting nostalgia and memorabilia items mid-September," said Judd Grafe, who runs...