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No Reserve No Reserve by Felix Francis
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“The American colt Justify was sold at the 2016 Keeneland September yearling sale for US$500,000. He raced just six times,”
Felix Francis, No Reserve
“Right from the earliest recorded races at Smithfield, London, in the twelfth century, wagers have been placed on which horse was the fastest. Racing as we know it today wouldn’t exist without gambling, but the biggest gambles in racing are not placed with a bookmaker or in the betting shops; they occur in the sale rings, where vast sums are staked on untested, unridden, and as-yet-unnamed yearling colts, in the hope they will turn out to be world beaters and future sires of champions. Sometimes it happens and sometimes it doesn’t.”
Felix Francis, No Reserve