Private Sales to Dominate Blue Chip Business in 2020
Since the two year old sales were cancelled this Spring and rescheduled, and the June Sale at Santa Anita was cancelled and not rescheduled, Blue Chip Thoroughbreds was put in a bind. The question was simple, “How do we sell our two year old racehorses?”
Pinhookers by trade, in a normal year, Blue Chip always sold their best athletes at public auction. But, as we all know, this is nothing but a normal year.
“It certainly presents a different set of challenges,” said Steve McPherson, the top buyer at Blue Chip. “We have a lot of nice horses that we should be able to move. If not, then we will be sitting on some pretty nice race horses.”
McPherson has had good luck that last couple of years selling horses privately, so he isn’t panicked yet. Buyers from this last year include Colorado Avalanche star Erik Johnson, Iona basketball coach Rick Pitino, Los Angeles Dodger clubhouse manager Mitch Poole, and a slew of others. The horses he has sold include a Grade II winner, a track record holder, and a Grade I placed colt who ran third in the Del Mar Futurity as a maiden.
“It goes in cycles,” stated McPherson. “Some years are better than others. The last few years just happen to be exceptional for us.”