The first horse sold at auction for more than $1 million was at Keeneland’s July Selected Yearling Sale in 1976. Canadian Bound was from the first crop of yearlings by Secretariat.
In 1943, Fasig-Tipton, the oldest auction house for Thoroughbreds in the United States, held the first tent sale at Keeneland as restrictions on rail travel during World War II meant that the popular summer sale in Saratoga had to be canceled. The…