Markets Magazine
Thoroughbred Market Booms in Europe as Buyers Bank on Pedigree
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On a chilly evening in December, a 5-year-old mare named Dancing Rain clip-clopped into the ring at Tattersalls, the auction house in Newmarket, England, where buyers of thoroughbred horses from all over the world descend to part with their millions.
A silence fell on the standing-room-only crowd as Dancing Rain strutted her stuff, with a Lot No. 1533 sticker slapped on her hip. She wasn’t alone, Bloomberg Pursuits magazine will report in its Spring 2014 issue: Her stomach bulged with the evidence that she was nine months pregnant by Frankel, the stallion many regard as the greatest racehorse to hit the track in the last half century.