OBS to Institute Repository in 2016

The Ocala Breeders’ Sales Company will institute the use of a repository at all its auctions beginning with the 2016 Winter Mixed Sale in January, it was announced Friday evening. The repository will replace the bone warranty which remains in effect for the upcoming OBS Yearling and Fall Mixed Sales. The use of the repository will be voluntary for consignors and is intended to provide buyers with more information upon which to base their purchases.

“The evolution of the marketplace has made the use of a repository a mainstay at Thoroughbred sales,” said OBS Director of Sales Tod Wojciechowski. “Anything we can do to instill confidence in the auction process is positive. We anticipate widespread participation by both buyers and sellers.”

Leading consignor and OBS Board Member Eddie Woods was pleased with the decision. “This move puts us in line with the other major Thoroughbred auction houses in the country,” he said. “The repository will enhance transparency, and more reliable information prior to the auction will lead to greater satisfaction after the horse goes through the ring.”