A horse auction is an event where horses are sold to the highest bidder. Buyers can inspect the horses before the auction starts, allowing them to evaluate the animals' health, training, and suitability for their needs. Auctions can feature various breeds and ages, catering to different interests, such as racing, riding, or work. During the auction, an auctioneer leads the bidding process, calling out prices and encouraging participants to place their bids. Once the bidding ends, the highest bidder wins the horse and is responsible for payment and transportation. Horse auctions are popular among breeders, trainers, and enthusiasts looking to acquire new horses.