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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.
Camp, Madalynn, "A HEDONIC ANALYSIS OF THOROUGHBRED HORSES FROM ONLINE AUCTIONS" (2022). University Research Symposium. 356.