1&2 MAY 2021, NEWMARKET
Despite its 19th-century date offering a rather obvious clue to the race’s provenance, its name is also a bit of a giveaway. After all, it refers not to a herd of guinea pigs but to a currency, the guinea, replaced by the pound by 1816.
Guineas are still used as the recognised currency for the bloodstock industry, with one guinea valued at one pound and five pence. The extra five pence? That, in the racing industry, is the courteous way of guaranteeing a 5% sales commission at auction.
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