The British Horseracing Authority (BHA) has today announced that owners will be able to sell their colours through the BHA website, with a number of vintage sets available to buy.
The new functionality comes as part of the BHA’s continued commitment to liberalise owners’ colours and will make it easier and more convenient for owners who are keen to sell their silks.
Some of the initial sets of colours on offer via the BHA website include sets which date back as far as 1890.
The colours will be listed next to a clear purchase price set by the vendor, eliminating any complexity around bidding and allowing prospective buyers to easily complete a purchase, the administration of which will be handled by the BHA.
Richard Wayman, Chief Operating Officer at the BHA, said:
“Up until this point the BHA has received requests from owners who are looking to sell their colours via the annual auction at Sotheby’s, where there are only ever a handful of lots available and the majority cannot be accommodated.
“The annual auction will continue and colours can of course be bought and sold privately, but hopefully the new website will be an easy option for owners to advertise and sell their colours if they wish to do so.”
Notes to editors:
- More information is available via email@example.com or by calling 0207 152 0004. The website page can be viewed here.
If colours are successfully sold through the website, a fee of £250 will be payable for use of the service.