How to Buy at the CTHS (Ontario) Yearling Auction
Auction sales offer buyers not only the widest selection of quality bloodstock, but also an inexpensive way to purchase that winning racehorse. Any individual or group can attend an auction; however, new buyers usually prefer to work with a knowledgeable trainer or agent. Any individual or group can register to bid and new buyers should register the month before the auction as registration involves a credit approval process.
The CTHS (Ontario Division) takes pride in providing outstanding Canadian-bred yearlings at our annual Yearling sale, which is the largest Thoroughbred yearling auction in Canada . All interested parties are welcome to attend any of our sales as they are open to the public, and only those planning on purchasing are required to register.
This year The Canadian Premier Yearling Sale will be held at the Woodbine Sales Pavilion, Woodbine Racetrack in Toronto , with the Selected Session on September 3rd and the Open Session on September 7th .
The work begins in January, when the CTHS opens nominations for our Yearling Sale, allowing breeders and consignors to enter their best yearlings for nomination into the sale. In the spring, a professional panel appraises the nominees and approves the top current yearlings for entry into the sale. These yearlings all carry impeccable pedigrees and show their best qualities that speak to potential success in the horseracing world. Experienced buyers look at both the pedigree and conformation when deciding to bid on a particular yearling.
Selected and Open Yearlings
Yearlings judged to be “exceptional” are reserved for the Selected Session, which is annually held on the Tuesday after Labour Day. The yearlings judged to be of “excellent” quality are reserved for the Open Session, which takes place the following Saturday. Yearlings scheduled for the sales begin to arrive at Woodbine two days before the start of the sale in order to allow prospective buyers the opportunity to examine the horses and ask questions of the consignors.
Buyers are required to register prior to the auction in order to participate, and often a new buyer will complete this process withyin two weeks prior to the sale. Forms are available through the CTHS office (PDF link).
A sales catalogue, containing the pedigrees and hip numbers of all yearlings entered into the sale, is available one month before the auction in order to allow prospective buyers the opportunity to review and study the specific sires/dams of the yearlings they maybe interested in purchasing. Successful bidders are required to make settlement with the Auctioneer immediately upon the fall of the hammer unless otherwise previously arranged. Conditions of the sale, outlining the rules and regulations pertaining to auction are listed in the sales catalogue. Sales results are posted to the CTHS (Ontario Division) web site the following day.