Online Stallion Season Auction Set for Iowa
Breeding seasons to more than 140 stallions from 20 states will be up for bid in an online auction for the ITBOA Stallion Stakes Dec. 7-14.
The auction is sponsored by the Iowa Thoroughbred Breeders and Owners Association. The proceeds will fund three stakes for offspring of stallions whose seasons are sold at the auction: the 2017 Iowa Stallion Futurity and two 2018 races for 3-year-olds, one for colts and one for fillies.
Since 2008 the Stallion Futurity and Stallion Stakes have each averaged more than $90,000 in purses. The stakes for fillies will be the first for the program.
A $5,000 bonus will be paid to the winner of any of the three races if the foal is conceived from a breeding season purchased at the auction.
"Frequently, you might get the stallion for a lesser price than you normally get," ITBOA president Deb Leech said in a release. "If I live in Arizona and there's an Arizona stallion I want to breed to, I may get him for less than I'd get breeding to him in another way."
Since going to an online auction in 2010, the proceeds have nearly doubled, from $50,000 in 2009 to $91,220 in 2012.
Stallion donations are still being accepted. A $5,000 bonus will also be paid to the stallion donor of the winning horse in each race. In 2013, Mighty Acres in Oklahoma received $10,000 when offspring from its stallions Kipling and Big Sugarush won both races. Past recipients of the bonus include Adena Springs, Alfred Nuckols Jr., Margaux Farm, and Special K Stables.
The auction does not require bidders to manually increase bids. They can enter a maximum bid, and it will automatically increase marginally until the maximum is surpassed.
The auction closes at 7 p.m. CST Dec. 14. A list of the stallions nominated and details of the auction are available here.
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