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Five Seven-Figure Yearlings on Keeneland September Day 1
There was strong trade at the top end of the market at Keeneland September, with five yearlings selling for a million or more on day 1.
While stringent COVID-19 protocols put in place to allow the world's largest yearling sale to be held at all may have dulled some of the electricity typically felt in the building when high-dollar horses are changing hands, competition for the top lots remained intense, with five transactions reaching the seven-figure mark and 23 offerings selling for $500,000 or more. In total, 109 head changed hands for gross receipts of $40,680,000 at an average rate of $373,211 and median of $330,000. With 62 horses led out unsold, the RNA rate was 36.26%.
In addition to offering online bidding and increasing its capacity for phone bids, Keeneland added another bidding area in the far back walking ring, which seemed popular with buyers.