- Created on Tuesday, 17 July 2012
- Written by QHN Staff
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July 2012 - According to an article published at ESPN.com, "A spirit of optimism is sweeping through the horse racing community, which bodes well for the future of horse racing, because despite a volatile global economy, even though buyers are becoming more discerning about which horses they do buy that doesn't mean they're not prepared to spend more money to get the horses they want.
"If the Fasig-Tipton yearling sales are any indication of an economic upswing then horse racing enthusiasts had better saddle up for a thrilling ride."
The article goes on to site figures from the Fasig-Tipton Kentucky July North American yearling sale, adding, "Clearly trainers are more confident about investing their money in yearlings, and investing more in quality rather than quantity."