Annex Racing LLC secured the top lot, Charles Chrome, in Wanamaker's online October auction for $55,000. A bidding battle in the final few minutes of the auction unfolded for the California Chrome 2-year-old who won on debut by twelve and a half lengths on the dirt and followed that effort with a strong performance on the turf for trainer Reeve McGaughey and owners Jason Litt and Alex Solis II.
“It's exciting to have an online platform that allows for trade on a monthly basis and the response from both sellers and buyers has been very encouraging,” said seller Jason Litt.
Wanamaker's fourth-ever auction offered 32 horses with seven selling during the auction and one selling post-sale. The sale averaged just over $8,900.
“We are thrilled with how our online auctions are progressing,” said co-founder Jack Carlino. “The feedback from both buyers and sellers has been very positive and although the clearance rate is lower than the industry is used to, we think it is important to note that this new outlet for sellers involves significantly less risk than traditional auctions.”
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