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Keeneland sales signal continued surge in market
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Results from the opening week of Keeneland’s 2013 September Yearling Sale, the world’s premier yearling auction, signaled a continued resurgence of the Thoroughbred market, evidenced by brisk trade among a deeply diverse buying bench and 18 horses selling for $1 million or more. Strong performance was driven in part by changes to the sale’s format, which assembled a critical mass of top-quality yearlings and the world’s major buyers during week 1 to produce a level of trade not seen in the five years since the global financial crisis.

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