Kenny McPeek's eye for finding stars away from the spotlight is well known, and Thoroughbred Daily News reports that the trainer is once again going off the beaten path in his search for elite racehorses.
McPeek is on a three-day tour of Argentina, visiting farms across the country to shop for yearlings to race in the U.S. Because the country does not host a significant yearling auction, young horses are typically sold privately off the farm. He told the TDN that he planned on visiting six farms while in Argentina, and he had inspected over 100 horses in a day.
“The U.S. dollar is extremely strong right now against the Argentine peso, so there could be some real value buys,” McPeek told the TDN. “The dollar is so strong that it is a buyer's market.”
The trainer has had success purchasing horses from the Southern Hemisphere in the past, led by Brazilian-born Einstein, who he bought as a yearling and managed to a multiple Grade 1-winning career.
McPeek said he did not have a set budget or quota of horses to buy during his trip, leaving it up to the horses in front of him to merit purchase. In addition to the purchase price, the trainer said it costs $10,000 to $15,000 to ship a horse from Argentina to the U.S.
Read more at Thoroughbred Daily News.
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