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Publication Date

4-1-2022

Document Type

Poster

Degree Type

Graduate

Department

Agriculture

Mentor

Michelle Kilber

Mentor Department

Agriculture

Abstract

A horse’s lifespan ranges from 20 to 30 years while a Thoroughbred racehorse’s career averages just 4.45 years. According to the American Horse Council Foundation, 33% of the horses in the United States are involved in the racing industry. After their racing careers, these horses have a variety of options on where they can go. These include being turned out to pasture, inducted into breeding programs, sold for slaughter, or started in a second discipline. Retired Thoroughbred racehorses can prove to be a great investment for equestrians wanting an athletic horse for an affordable price and provide a second career track for these retired racehorses. This study aims to analyze bid price determinants of Thoroughbreds going into non-racing careers on online auction sites. Data was collected on 246 Thoroughbred horses from various online auctions hosted by Sport Horse Auctions. Preliminary results show a horse’s sex, color, and affiliation registration impact listing price. These results will help educated individuals in the equine industry on what demand determinants are most valuable in Thoroughbred horses.

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