Seattle Dancer has the record, purchased for $13.1 million by a British group headed by Robert Sangster in 1985.

Seattle Dancer, the yearling colt who sold for $13.1 million, earned about $150,000 on the track and did little as a sire.

"The marketplace is a lot different now than when Seattle Dancer went for $13.1 million," Oppenheim said.

Seattle Dancer entered stud in 1988.

During his career, Seattle Dancer sired 37 stakes race winners including:

In 1985, a yearling subsequently named Seattle Dancer brought $13.1 million at auction but earned about $150,000 on the track and did little as a sire.

Seattle Dancer went to the races only five times, won twice, finished second once and third once, earned $150,000 and was retired at the age of 3.

Via Borghese is a daughter of Seattle Dancer, who set an auction record in 1985 when he was sold as a yearling for $13.1 million.

The daughter of Seattle Dancer has now won 6 of 7 starts.

By contrast, seven years ago the yearling Seattle Dancer was sold for a record price of $13.1 million.