Although this guide can help to give you some tips and general advice on buying a racehorse, we highly recommend that you refer to a bloodstock agent or racehorse trainer with plenty of pertinent knowledge and expertise to assist you in making your final choice. To begin with, you need to make a choice about what kind of thoroughbred you would like to own as well as the way in which you want to go about purchasing your racehorse.
The three primary venues generally used to sell thoroughbreds are public sales, private transactions, and claiming and selling races. Each of these comes with its own specific advantages and disadvantages.
Public Sales
Different types of thoroughbreds are sold at different types of public sales. If you decide you wish to buy a thoroughbred at a public sale, you will first need to decide which kind of thoroughbred you wish to purchase. All public sales are governed by a set of rules and conditions that have been designed to protect both the seller and the buyer and ensure that all transactions are conducted fairly.
