The 2007 AMHA/World Morgan Futurity Stallion Service Auction Now Online!
Friday, December 1, 2006
The 2007 AMHA/World Morgan Futurity Stallion Service Auction is now online!
Go to www.morganhorse.com/auction and you will see a banner announcing the auction. Click on that banner to go to the auction site with a complete list of 74 outstanding stallions of all bloodlines and disciplines, with bids starting at $800.
Online bidding will close on February 16, 2007 at noon, with bidding continuing live at the AMHA Convention on the Top Ten stallions at 7:30 pm (you may continue to support your bid by telephone at that point).
Also being auctioned is the December 2007 cover of The Morgan Horse magazine, which is the Grand National issue.
AMHA Stallion Service Auction proceeds are distributed as follows:
• 40% of the total auction revenue less expenses to go to the AMHA Marketing Committee to use for promotion of the Morgan horse.
• 40% of the total auction revenue less expenses to go to the World Morgan Futurity for distribution to each first-place winner in each of that year's World Morgan Futurity classes provided that winner is sired by one of the AMHA Stallion Service Auction stallions from that year with 50% going to the owner of the winning entry, 40% going to the sire owner of that winning entry's sire, and 10% going to the handler or exhibitor of that winning entry. THE TOTAL AMOUNT DISTRIBUTED TO BE DIVIDED ONLY AMONG THE FIRST-PLACE WINNERS SIRED BY STALLIONS IN THAT YEAR'S AMHA STALLION SERVICE AUCTION. IF THERE ARE NO FIRST-PLACE WINNERS IN ANY OF THAT YEAR'S WORLD MORGAN FUTURITY CLASSES SIRED BY A STALLION IN THAT YEAR'S AMHA STALLION SERVICE AUCTION, THE MONEY WILL THEN ROLL OVER INTO THE NEXT YEAR'S AUCTION FOR DISTRIBUTION IN THE SAME MANNER WITH A NEW GROUP OF ELIGIBLE OFFSPRING BASED ON THE NEW YEAR'S AMHA STALLION SERVICE AUCTION.
• 20% of the total auction revenue less expenses to be divided among the 10 AMHA Regional Shows with each show using the money as they deem necessary in exchange for advertising for the AMHA Stallion Service Auction in that show's prize list AND show program.
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