Churchill Downs to Construct Hotel, HRM Facility and New Permanent Stadium Seating at First Turn of the Iconic Racetrack
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Keeneland’s January Horses Of All Ages Sale
January 20, 2020

What it's like going to the world's biggest horse sale, where royals and millionaires dropped $360 million this year on horses they hope might be the next Kentucky Derby winner

by Katie Warren, Business Insider | 10.13.2019

Every September, wealthy horse-racing fans, buyers, and sellers converge on Kentucky's second-largest city, Lexington, known as "the horse capital of the world."

Lexington is surrounded by hundreds of horse farms and is home to the world's largest thoroughbred horse auction house, Keeneland, which also hosts races. At Keeneland's September yearling sale, buyers drop millions on 1-year-old horses that have never even been ridden. In 2019 in particular, buyers spent more than $360 million on 2,855 of these horses (also called "yearlings") at the September sale.

"We talk about this being the horse capital of the world, and it really is the place that's acknowledged around the world," Bill Thomason, president and CEO of Keeneland, told me in an interview during the September sale.

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