Bloodstock is the term for horses specially bred for racing. Bloodstock is a big part of horse racing with people wanting to have the best horse, and by doing that you have to get the breeding right between the Sire which is the male or and the Mare which is the female to produce high quality horses. When it comes to buying a Thoroughbred racehorse, they don’t come cheap.
Marsha became the highest-priced horse sold at a European auction when making six million guineas at Tattersalls December Mare Sale. She was by Acclamation x Marlinka, and was bought by the most famous stud farm Coolmore Stud for breeding. Coolmore Stud which was set up in 1975 by John Magnier and Robert Sangster with the aim to produce a state of the art thoroughbred operation and now is home to some of the most expensive Stallions such as Australia, Camelot, Caravaggio and the most famous in the coolmore yard who is privately owned by Coolmore themselves is Galileo.
The buying and selling of thoroughbred racehorses is an important part of the culture with the main bloodstock auctioneers being Tattersalls and Goffs. Based in Newmarket Tattersalls is the largest Bloodstock auctioneers and have been part of selling some of the most expensive horses in the ever.
Marsha (6,000,000), Zhukova (3,700,000), Quiet Reflection (2,100,000). The buying of horses is done in Guineas which was the standard currency for buying and selling horses hundreds of years ago. However, it is still used today when a horse is purchased it will say what is cost in guineas, but a guinea is the equivalent to £1.05p.
Bloodstock agents are equine professionals who buy and sell Thoroughbreds on behalf of their clients in exchange for a commission. It can be a risky business as you might have to buy without having a buyer ready. During the sales agents are very busy as they constantly have to be networking and building relationships with clients.