The final portion of the Indiana Thoroughbred Owners and Breeders Association's (ITOBA) 2023 Fall Mixed Sale, the Mixed Digital Sale, went live today, October 16th on HorseAuctionsUSA.com.
The Mixed Digital Sale takes place entirely online and includes a mix of twenty-three broodmares, weanlings, and yearlings.
The Mixed Digital Sale Sale hosted by Horse Auctions USA began at 8:00 AM ET on Monday, October 16th and runs through 8:00 PM ET on Thursday, October 19th. Bids can be placed in real-time throughout the run period or interested buyers can place "maximum bids" and let the computer do the work for them.
Lots will begin to close at 8 PM Eastern Time on Thursday, October 19th. They are scheduled to close three minutes apart, starting with Lot #1. This is a soft close auction: if a bid is placed in the final two minutes, the auction's closing time will extend for two minutes until there are no new bids.
"As a regional market, we (Indiana Thoroughbred Owners and Breeders Association) are always looking for new and innovative ideas to attract new people to the state of Indiana. We hope people will take a few minutes to look at the offerings in our Digital Sale hosted by Horse Auctions USA on behalf of ITOBA," Pat McGhee, ITOBA President.
The Mixed Digital Sale gives people around the world the opportunity to get involved in Indiana's lucrative Thoroughbred breeding and racing program. 28 of the 38 stakes held at Horseshoe Indianapolis in 2023 are restricted to Indiana-bred and sired horses. These stakes have combined purses of more than $3.4 million. The purses for the bred and sired horses in Indiana are among the best of any regional program.
The response to the state's growing program has been tremendous. Indiana was one of just two states with an increase in mares bred in 2022 compared to the prior year. An economic impact analysis conducted by Purdue University shows that Indiana has had a 59% increase in horses owned, trained, and bred in the state from 2007-2020.
"The Indiana breeding and racing program is amongst the top of the regional programs in this country. Owners and breeders alike benefit from a healthy and growing racing environment in Indiana."
