online-only auction

Selling Thoroughbred horses online has never quite caught on in the U.S. as buyers and their advisors are obviously reluctant to purchase a horse they cannot examine in person. But a West Virginia-based auction company is forging ahead with an ambitious online sale later this month, its owners confident that Thoroughbred racing is ready to accept the online marketplace. "In 2000, if you asked me if this is going to work I would have said no," said Tim Jennings, who runs ThoroughbredAuctions.com with his wife, Cathy. "I just didn't think...

The concept of selling bloodstock online has never caught on in the U.S., but an Australian named Anthony Gafa thinks he can change that. Gafa runs Bloodstockauction.com, which has been selling horses based in Australia and from every imaginable category since 2014, and will be launched in the U.S. May 7. "When we started, the plan was to reach out all over the world," Gafa said. "The next country we are going to is America. We have a staff in America and have established an office there. For us, it...