Tattersalls is the world’s oldest bloodstock auctioneers, established by Richard Tattersalls in 1766 at Hyde Park Corner, in what was then the outskirts of London. Tattersalls remained a family business until Somerville Tattersalls’ death in 1942, when it was passed to his partners.
In 1965, under the guidance of its then chairman, Ken Watt, the company moved from its Knightsbridge base to Flat racing’s headquarters, Newmarket, where it has occupied Park Paddocks ever since. A purpose-built sale ring was completed, with the complex also incorporating several hundred stables, offices and elegant dining rooms.
Today, Tattersalls is Europe’s largest bloodstock auctioneers, selling almost 10,000 horses a year to buyers from over 50 countries. The horses are still priced in guineas (1 guinea = £1.05) in accordance with horseracing tradition.
In 2006, Tattersalls’ annual turnover topped 200 million guineas for the first time and by 2017, annual turnover had grown to over 300 million guineas. That year’s total was boosted by the memorable sale of Group 1 winner Marsha, who was purchased for a European record of 6,000,000 guineas at the Tattersalls December Mare Sale.
2022 was yet another landmark year for Tattersalls as annual turnover surpassed the 400 million guineas mark and several record-breaking sales. Three colts were bought for 2 million guineas or more at the October Yearling Sale Book 1, while sales of 5,400,000 guineas and 3,600,000 guineas were recorded at the December Mare Sale.
Tattersalls continues to record world-leading results year in, year out. Nearly 300 Group 1 winners have been purchased at Park Paddocks since 2000, averaging over 12 Group 1 winners per year.
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