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World's Most Expensive Colt Sold At Auction

The world's most expensive colt was sold at auction yesterday. A nameless Florida-born colt went for  $16 million at Calder Race Course in Miami Gardens. Why so much? The Miami Herald reports that the two-year-old has two Derby winners in his bloodline and showed off to prospective buyers by having the fastest workout time of the 154 horses up for bid. The winner was  Irish racing magnate Demi O'Byrne who purchased the horse as part of a team of buyers. The horse will have a lot to live up to but will probably be able to earn his keep through breeding even if he isn't a Triple Crown winner. The handsome horse with the white blaze on his nose will definitely be raced and could run in the 2007 Kentucky Derby. Good bloodlines are no guarantee but I hope we learn the name of this horse soon so that I can follow his progress.

[photo by Bill Denver/Equi-Photo]

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