Total sales reach 3.4 billion won, average 54.82 million won per horse
The Korea Racing Authority announced Thursday that the 2026 yearling racehorse auction, held Tuesday at the Korean Racehorse Breeders Association auction house on Jeju, had concluded.
A total of 79 horse owners participated in the auction, with 62 of the 144 listed horses sold — a clearance rate of 43 percent. Total sales came to 3.4 billion won ($2.54 million), with an average price of 54.82 million won per horse.
Compared with last year, the number of horses sold rose by 11, from 51 to 62, pushing the clearance rate up 7.6 percentage points. The average sale price also climbed 1.27 million won.
The top price was 210 million won — 80 million won above last year's high of 130 million won. The record-setter was Lot No. 30, a colt by Concord Point out of Sense of Beauty, bred by Kim Hong-dae and purchased by owner Park Nam-sung.
"The clearance rate and top price both improved from a year ago as demand for racehorses recovered and interest in well-bred bloodlines grew," a Korea Racing Authority official said. "We will continue working with the Korean Racehorse Breeders Association to support competitive racehorse production and smooth retail distribution."
yjc@heraldcorp.com
