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No. I'm pretty sure it's for horses that were bought at auction who are maidens (i.e. haven't won a race).
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No.
An auction-based race is a conditions race. The main condition is the auction prices of each horse's sire's offspring. In the case of "median auction" races it is the median price of the sire's offspring. When the race is also a maiden, no horse is permitted to have won a race previously. The winning horse is only auctioned after a "selling plate" race. |