How Latin Americans are playing a role in U.S. Thoroughbred sales
Ramiro Restrepo refers to his base in Miami, Florida as being like “Latin America part 2,” emphasizing the high-volume Latin American influence in the city – from decision makers, government and civic leaders, real estate, media and entertainment, and Latin American natives with second homes in the United States.
Restrepo was based at Gulfstream Park a few years back when he connected with Fasig-Tipton, the oldest Thoroughbred auction company in North America (“History”). The company then met with him to discuss their upcoming project: hosting the 2015 Florida 2-year-olds in Training Sale at Gulfstream Park for the first time. Several attributes made Restrepo an obvious candidate for a position that did not yet exist at Fasig-Tipton: a market representative for Latin America. Restrepo called the creation of his position a “connect the dots thing,” due to the recent impact of Latin Americans at Fasig-Tipton sales, and described the initial meeting during an interview before the 2016 Saratoga Sale of Selected Yearlings in Saratoga Springs, New York: Continue reading