. >> reporter: american pharoah became the sport's first grand slam champion. >> he's wonhereeds theaway purses in the millions. it serves that the most prominent auction house in the world with sales of more than $627 million. what happens? >> people get in bidding wars. >> i have one million dollars. >> it's not like an art auction. it's not slow, you put your number up and the auctioneer takes note. it's fast. the auctioneer is talking fast and the wid spotters know so well the participants that sometimes this is a bid. i mean, i don't go in the sales room because i don't want to scratch my nose and be mistaken for a bidding on a $4 million horse. >> arvin is a practical attorney and has served as corporate counsel to the racecourse in a decade. she continues her utio >> my grafather was the fin19 a trd fro the te h lawyer and ends fily ties, this wasn't just happened to you? >> absolutely not. this is years of really hard work. i have hope it can be a symbol to other women in the industry toonld my little girls who are nine and ten that with a lot of hard work and perseverance, t

and american pharoah came around the stretch and won when you've got the triple crown winner the first breeder's country win, earn american pharoah led. each year keenled has high-stakes races giving away purses in the millions. also serves as the most prominent thorough bread auction house in the world with gross sales of more than $627 million in 2019. what happens at the sale? >> people do get in bidding wars. it's fascinating. >> one million aol -- one million -- right here. one million dollars. thank you, ralph the winner. >> the way people bet, it's not like an art auction, it's not a slow you put your number up and the auctioneer takes note. it's fast. the auctioneer is talking fast, crying fast. the bid spotters know so well that participants, sometimes this is a bid. i don't go in the sales ring because i don't want to scratch my nose and be mistaken for bidding on a $4 million horse. >> arvin is an attorney aexpectd as counsel for more than a decade. next year she becomes keenland's first woman president and continues her family's personal connection to the institution. >> my