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The Orders and Rules of Racing

BHA Notices Section


Auction Races

Auction Races

The following guidelines have been drawn up to ensure that the qualification of horses for these races is clear.

The definition of a Maiden Auction race is "a flat race restricted to two year old or to three year old Maiden horses which have been sold or bought in by public auction under the hammer at specified sales".

The definition of a Novice Auction race is "a flat race restricted to two years old horses which have not won a Flat race classified above Class 4 in Schedule (F)2, other than those races which are treated as Class 4 in the conditions of the race, and which have not won more than two races of any class, and which have been sold or bought in by public auction under the hammer at specified sales".

For the avoidance of doubt horses which are unsold having failed to reach their reserves do not qualify, nor do private sales.

(i) The "specified sales" referred to above for these races in 2015 comprise the following:-

a)Those yearling sales administered by Arqana (France), Baden-Badener Auktionsgesellschaft (BBAG) (Germany), Brightwells Ltd. (G.B.), Doncaster Bloodstock Sales Ltd (G.B.), Fasig-Tipton Co. Inc. (U.S.A.), Goffs Bloodstock Sales Ltd. (Ireland), Goresbridge Horse Sales Ltd. (Ireland), Keeneland Association Inc. (U.S.A.), Ocala Breeders Sales Co. Inc. (U.S.A.), Osarus Vente (France), Societa Gestione Aste (SGA) (Italy), Tattersalls Ltd. (G.B.), Tattersalls (Ireland) Ltd. (Ireland).

b)As two years old at any sales administered by the above mentioned sales companies, up to and including May 31st, 2015 or, for the races where the closing date is before June 1st, up to and including the day prior to the closing date of the race.

c)As three years old at any sales administered by the above mentioned sales companies, up to and including the day prior to the closing date of the race.

ii) The last sale will govern the price if the horse is sold more than once, up to and including the relevant qualifying date as stated above.

(N.B. A differential sales price will be applied for qualification purposes for those horses sold as yearlings prior to July 1st of the relevant year. Please refer to the individual race conditions for details).

iii) A horse will only be considered as having been sold by public auction (under the hammer) if that sale is subsequently published, or notified in writing to the Racing Calendar Office, by the Sales Company. The auction price used will be the first published /notified sales price from the relevant auction, unless notification is subsequently received from the Sales company indicating that, for a reason acceptable to the British Horseracing Authority, a different Sales price should be used. An amended Sales price will only be used to calculate a horse's weight in an Auction race if such notification has been received by the Racing Calendar Office and accepted by the British Horseracing Authority no later than 24 hours prior to the first scratching stage deadline in the case of an early closing race or no later than 24 hours before the declaration deadline in the case of a normal closing race.

A horse initially sold under the hammer but whose sale was subsequently cancelled for whatever reason will still be qualified for Auction races. Such instances include the horse failing a veterinary examination, a void sale, disputed bids, etc. The auction price used will be the initial price unless notification has been received from the Sales companies indicating that the horse has been re-submitted as the result of a void sale. If the horse was not re-submitted it will still be qualified but will be assessed on the auction price of its void sale.

iv) In the case of any dispute the official sale return will be used to determine the validity of the sale. The Authority will be the final arbiters of qualification for entry.

v) Any sale conducted outside the sales ring (private sale) will not be considered to qualify the horse for an auction value.

vi) Where horses are sold through the ring at specified sales outside Great Britain, the following procedure will apply:-

1. The purchase price in local currency will be converted to pounds sterling using the rate of exchange shown in Schedule (F)14. The rate of exchange at the time of the sale will not be used.

2. Since practices differ between sales in Great Britain and those staged overseas in the inclusion or otherwise of Buyers' Premiums within the published sales price, and in order to reflect more fairly the total price paid, the appropriate Buyer's Premium, as set out below, will then be added to the converted sterling price. This resulting figure will then be used to determine eligibility, weights, etc., for any relevant race.

vii) For sales staged in Great Britain which sell horses in pounds sterling with an additional Buyer's Premium, in order to reflect more fairly the total price paid, the appropriate Buyer's Premium, as set out below, will be added to the price. This resulting figure will then be used to determine eligibility, weights, etc., for any relevant race.

(viii) For sales staged in Great Britain which sell horses in guineas sterling, the purchase price will be converted to pounds sterling. This resulting figure will then be used to determine eligibility, weights, etc., for any relevant race.

Sales CompanyCountry  Buyer's Premium %
ArqanaFrance

6

Baden-Badener AG (BBAG)Germany

6

Brightwells LtdGreat Britain

6

Doncaster Bloodstock Sales LtdGreat Britain

6

Fasig-Tipton Co. IncU.S.A

0

Goffs Bloodstock Sales LtdIreland

6

Goresbridge Horse Sales LtdIreland

6

Keeneland Association IncU.S.A

0

Ocala Breeders Sales Co. IncU.S.A

0

*Osarus VenteFrance

6

Societa Gestione Aste (SGA)Italy

5

Tattersalls LtdGreat Britain

0

Tattersalls (Ireland) LtdIreland

6

*Osarus Vente (Sales price of 15,000 Euros or below)France

7