The auction was conducted by Flashpoint Bloodstock subsidiary ThoroughbredAuctions.com for K2 Solutions Inc., selling agent for the US Marshals Service. The sale was completed just 24 days after the agreement was completed.

The horses, Carters Yachtz and LRH Mojo Rising, sold for $89,000 and $27,000 respectively. They sold for 55 percent over appraised value.

With 94 registered bidders, and 21,877 page views, bidding was fierce, especially during the closing minutes. Carters Yachtz stayed in extended bidding for over an hour. Both horses sold without reserve.

ThoroughbredAuctions.com has sold 412 horses from 518 offered for a completed sales rate of 80 percent. They have produced the largest online Thoroughbred Auction ever held in North America with 98 horses in the 2020 New Mexico Breeders Sale and the record setting R.D. Hubbard Dispersal.

Flashpoint Bloodstock, LLC leads the industry with over 2,000 horses sold in online only auctions since 2012 through its subsidiaries ThoroughbredAuctions.com and SportHorseAuctions.com.  The management team pioneered internet auctions for horses and has produced 97 Internet Auctions selling 2,008 horses since 2012 and boasting a high seller of $226,000.

Owners and managers Cathy and Tim Jennings are the industry's most experienced show horse auction managers. In addition to the online auctions, our team managed more than 380 live horse auctions selling over 80,000 horses since 1978. Tim's previous firm, Professional Auction Services, was the largest show horse auction company in the world, by number of horses sold for 15 years.

The post Quarter Horses Sell In Online Dispersal Ordered By U.S. District Court appeared first on Horse Racing News | Paulick Report.

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Delgado was one of several defendants charged in September 2020 with two felony counts related to the possession and intent to distribute cocaine. In a superseding indictment filed in the U.S. District Court, Southern District of Texas, on April 20, Delgado was individually charged with two counts of conducting transactions using the proceeds from unlawful activities in an attempt to conceal the money's origin.

One of those counts singled out the purchase of the Quarter Horse Carters Yachtz for approximately $25,000.

The 4-year-old Carters Cartel gelding has won two of four starts, all at Delta Downs, and he most recently finished third in the Grade 1 Lee Berwick Futurity on July 22.

Upon conviction, Delgado was ordered to forfeit several pieces of property, including the horse. Carters Yachtz will be one of two horses offered without reserve on the ThoroughbredAuctions.com online auction platform, with bidding opening on Aug. 8 and closing on Aug. 11.

Delgado has been an owner of record since 2005, primarily racing Quarter Horses. He has won 18 of 112 Quarter Horse starts, and his runners have made $483,784 on the racetrack.

Carters Yachtz is Delgado's highest-earning runner, having made $129,778. He is followed closely by Jls Go Big Daddy, a Grade 1-placed gelding who made $126,433 racing in Texas and Louisiana in the early 2010s.

K2 Solutions Inc., serves as agent for the U.S. Marshals Service in the dispersal, and Carters Yachtz is available for inspection in Bastrop, Texas.

To view the online catalog, click here.

The post Online Quarter Horse Dispersal Ordered In Federal Drug, Money Laundering Case appeared first on Horse Racing News | Paulick Report.

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