Thoroughbred horses to fetch millions at auction

Horses will go on sale at Newmarket Credit: ITV Anglia

Millions of pounds are expected to be spent as thoroughbred horses go on sale in Newmarket.

700 unraced horses will be sold as part of a three day auction that will see bids coming in from the US and China for the future stars of flat racing.

The racehorses can cost hundreds of thousands of pounds and last year one was sold for £3.4 million