17 May '11, 7pm

HorseRacing.com & AutoRacing.com To Hit The Auction Block At DomainFest? | The Domains

According to a short story appearing in the thoroughbredtimes.com , it appears the domain names HorseRacing.com and AutoRacing.com may hit the auction block at the Domainfest auction in Barcelona in June. According to the article, the owner of both names is Gregory Paley. “‘Paley, a business lawyer who purchased the domain name in 1995, said he plans to offer horseracing.com at the Moniker’s Premiere Auction DOMAINfest Barcelona on June 8″ “Paley told the Wall Street Journal that the name could garner between $5-million and $8-million.” “What makes these names so valuable is there is no substitute or derivative URL for HorseRacing.com or AutoRacing.com,” Paley said. “Also, these domains are best of breed names in their respective content categories and offer a significant competitive advantage for companies seeking to reach global audiences with highly visible brands that ...

Full article: http://www.thedomains.com/2011/05/17/horseracing-com-auto...

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