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Originally Posted by Phalaris1913
But it has complete control over how valuable it will be as a yearling at auction. That, I suspect, is why the market breeders breed sales yearlings first and racehorses as an afterthought.
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And they have not stepped foot on a track...
I guess if they look good as yearlings, and have the desired pedigree (which again, I am totally perplexed by much of this) they sell. And the horse is going to go through enormous physiological changes. A gamble that escapes me.
So I must respect people who can pick out a horse that has run, buy it, and make the horse better because they see potential. Congrats Mr. Simon.