The median sales price fell to $25,000 for day 8 and the average was only $40,000. The buyback rate dropped significantly. Many horses were selling for under $5,000.
I guess these horses will cost the buyer $20,000 to $40,000 to break and train, so any price is a significant investment.
Several of the smaller partnerships got into the game. Zilla spent $200,000 on a Nyquist, while Pocket Aces bought a mastery for $25,000.
That is a lot of money for Zilla to spend on day 8 of the sale. I am not a big Nyquist fan, but this one will be fun to watch. The Pocket Aces buy gets a F from True Nicks, but Mastery could be a interesting new sire. It is also a first foal, something I am trying to avoid.
Buying A Race Horse 