Florida Horse Racing, Breeding an Economic Mega-Engine–Here’s Proof–WATCH LIVE

Florida Thoroughbred Horse Sales Nearly 50% over 2012; Watch the Ocala Breeders’ Sale Webcast Live!

Those who were unaware that Florida’s horse racing and breeding industry is a great investment may be stunned to learn prices for Ocala Thoroughbred horses are skyrocketing this week by nearly 50 percent over 2012.

Michael Compton of the Blood Horse, an international Thoroughbred breeding publication, reports that yesterday, the first day of the sale, 189 horses brought a first-day spring sale record total of $11,372,500, compared with 186 horses selling for $7,533,000 at last year’s opening session. The $60,172 session average, also a record, soared 48.6 percent from last year’s first day average of $40,500.  The $37,000 median price rose 48 percent, compared with $25,000 a year ago.

A filly by Limehouse (Hip No. 292), brought $320,000 from Alex and JoAnn Lieblong to top yesterday’s opening session.

“This serious distraction of ‘pari-mutuel barrel racing,’ its hybrids and related spurious lawsuits over the constitutionality of independent horsemen’s associations have the real potential of scaring away these types of investors in Florida’s horse racing industry,” said Florida Horsemen’s Benevolent and Protective Association Executive Director Kent Stirling.  “Our members need to feel confident that their investment in Florida is protected and fostered.”

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