For the second consecutive year, the Augusta Futurity will hold an event that could pay dividends in the future.
The Augusta Stallion Stakes Breeding Auction will be held from 2 p.m. to 6 p.m. next Friday at the Ramada Plaza Hotel. The auction will be conducted by Ben Emison.
Owners donated 81 stallions for a breeding. The foals from those breedings will be available for the 2012 incentive program.
In 2006, the initial auction began with 43 stallion breedings.
"Last year, nobody knew about it," Augusta Futurity marketing director Noell Inman said. "For us to have 81 stallions this year is incredible. It's just a very unique format for the incentive fund."
In the inaugural auction last year, the 43 breedings went for $92,000. For those foals, who will be in their 4-year-old years in 2011, the initial incentive fund available will be more than $55,000.
Inman said the Augusta Stallion Stakes Auction offers a rare opportunity for a breeding since most of the horses are bred to more than 100 mares a year.
Stallion services (one breeding per stallion) are donated to the Atlantic Coast Cutting Horse Association and the donated services are offered for sale through the auction.
The auction already began through the Augusta Futurity's Web site. The stallion services up for bid will not be finalized until next Friday.
Nineteen stallions already had bids as of last week and another stallion breeding had been sold. Peptoboonsmal, a 1992 red roan stallion, by Peppy San Badger out of Royal Blue Boon, already had a $15,000 bid as of last week.
For a list of stallions up for bid, go to: www.augustafuturity.com/2007/07stallion_list.shtml
Reach Chris Gay at (706) 823-3645 or firstname.lastname@example.org.