Participating Sales Companies

Fasig-Tipton and Keeneland have adopted the recommendations in their entirety and Barretts, Ocala Breeders' Sales and the Washington Thoroughbred Breeders and Owners Association Sales have adopted the majority of these policies.

Barretts Equine Limited

Originally founded in 1989, Barretts Equine Limited is located on the grounds of Fairplex Park in Pomona, California. Barretts is owned and operated by the Los Angeles County Fair Association, a 501(c)5 mutual benefit corporation.

Established to provide the breeding and racing industry in California with a permanent sales facility and full-service sales company, Barretts conducted its inaugural sale in March of 1990.


For over one hundred years, the company incorporated in 1898 by William B. Fasig and Edward A. Tipton has been conducting auction sales of Thoroughbred horses. Fasig-Tipton is by many years the oldest auction company of its type in North America and it is perhaps ironic that when the first yearling auction sale was held on the grounds of Keeneland in 1947 - it was conducted by none other than Fasig-Tipton!

From its original headquarters in Madison Square Gardens in New York and later at Belmont Park, Fasig-Tipton periodically conducted dispersals and special auctions in Kentucky. In 1972, the company established a permanent, full-service office in Lexington and began a year-round sales schedule for all categories of Thoroughbreds.


Keeneland is the world’s largest Thoroughbred auction company, unmatched in terms of offering the best horses, a state-of-the-art sales facility, and a full range of amenities. All of these attributes work together to draw an international list of buyers and consignors to Lexington, Kentucky four times each year.

Since its inception more than seventy years ago, Keeneland has sold more graded stakes winners than another auction house in the world, including 17 Kentucky Derby winners.

Keeneland is a for-profit, tax-paying entity that functions with a unique “not-for-profit” ideal that funnels proceeds from its gross revenues back into the Thoroughbred industry, the central Kentucky community and its facilities. Through the years, Keeneland has donated millions of dollars to charitable and industry organizations. In addition, it has taken a leadership role in many important industry initiatives, including the establishment of a modern repository for digital x-rays, lower commissions for consignors, and establishing guidelines for higher standards for industry professionals.

Ocala Breeders' Sales

Ocala Breeders' Sales Company stages major Thoroughbred auctions throughout the year. OBS also operates an ITW simulcasting theater and each February hosts the annual Week of Champions races.

Washington Thoroughbred Breeders and Owners Sales

The WTBOA was incorporated in 1940, held its first sale in 1947 and has held annual sales since 1967. The WTBOA offices and sales pavilion are located on the grounds of Emerald Downs Racetrack. The WTBOA Sales serves five western states and two Canadian provinces in the greater Northwest and provides education, communication and collaboration to this area as well as a top class venue for buying and selling yearling race prospects and breeding stock. Horses from this sale have performed well throughout the United States and Canada.

Act with prudence, buy with confidence: A program of the Thoroughbred Owners and Breeders Association

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