September 29, 2023

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Racehorse ownership: A unique and exciting investment

2 min read

It is rare to find a more exhilarating experience than owning your own racehorse.  The roar of the crowd as the horses gallop up the straight towards the finishing post, the sound of thundering hooves, and the swoosh of colourful silks flying past; the atmosphere is electric.

Watching your own horse brings the experience to the next level – the excitement of a winner and the champagne popping celebrations that follow. But where to find the right horse?

Tattersalls is the oldest and most prestigious bloodstock auctioneers in the world and holds a strong reputation for producing elite performers.  Founded near Hyde Park Corner in London in 1766, but now firmly established in Britain’s racings headquarters of Newmarket, the Tattersalls team carefully select the thousands of racehorses to enter their ring for sale each year.  Anyone is allowed to take a seat in their impressive amphitheatre style sales ring and then the bidding begins for a future champion.

Tattersalls traditions

At Tattersalls horses are still sold in guineas, one guinea being the equivalent of £1.05, with the company keeping the 5p.  The commission structure has been in place since its establishment over 250 years ago and gives a nod to old traditions. Whilst the large electric selling boards reflect the modern business and its international clientele, with the bidding followed in all major currencies.

In 2017 Tattersalls sold the most expensive horse ever purchased at European auction for 6 million guineas (£6.3 million) bought by MV Magnier, son of Coolmore owner and Irish business mogul, John Magnier.

A sale to suit all budgets

Tattersalls host 12 sales per year in Newmarket of which the most prestigious is the October Book 1 Yearling Sale.  This is where the serious money is and where Tattersalls displays its crème de la crème thoroughbred offering. It has proven an unrivalled source of Group 1 performers with 103 winners of 184 Group 1 races. This sale is followed by Books 2, 3 and…

Business Matters

2023-04-05 06:58:59

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