Keeneland, Fasig-Tipton Announce Changes to Nov Start Dates, Conditions of Sale

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Keeneland and Fasig-Tipton today jointly announced changes to their November sales calendars to better accommodate horsemen attending the 2012 Breeders’ Cup World Championships at Santa Anita, to be held November 2-3. The two auction houses also announced amendments to the Conditions of Sale regarding Veterinary Radiographic Reports for both companies.

As a convenience to their clients, Fasig-Tipton and Keeneland will delay by one day the start of their respective fall sales. Fasig-Tipton will hold its November Sale on Monday, November 5, at 4 p.m. ET. Keeneland’s November Breeding Stock Sale will begin Tuesday, November 6, at 10 a.m., and run through Friday, November 16.

These scheduling adjustments will be in place during those years when the Breeders’ Cup is held in California.

The Breeders’ Cup World Championships, Thoroughbred racing’s most prestigious global event, is comprised of 15 stakes races with purses and awards totaling more than $25 million.

Keeneland President & CEO Nick Nicholson and Fasig-Tipton President & CEO Boyd Browning Jr. said in a joint statement: “We believe these changes are in order given the global significance of both the Breeders’ Cup and Kentucky’s fall breeding stock sales. We want to make it as easy as possible for our clients to fully participate in both important events.”

Amendments to the Conditions of Sale making the Veterinary Radiographic Reports part of the Repository information available for each horse offered for sale were also announced by Keeneland and Fasig-Tipton.

Sales officials stated that inclusion of the Veterinary Radiographic Reports as part of the Repository, subjecting them to the limited warranty that the Reports are accurate, valid and authentic, further enhances the integrity of the Repository and the entire sale process.

Veterinary Radiographic Reports are descriptions or summaries offered by veterinarians of what is reflected in the radiographs of each horse cataloged in the sale. The reports will be accessible in the Repository after x-rays have been reviewed.

In the event that the Veterinary Radiographic Report is materially misleading, the buyer will have 24 hours from the end of the sale session in which the horse was sold to reject the sale.  If the Consignor disagrees, parties may avail themselves of the arbitration process available under the Conditions of Sale.



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