Plagued by a struggling California economy that reduced both the supply and demand for Thoroughbred horses, Barretts reduced its auction schedule to four sales in 2009. The highest price of the year was realized in the world renowned March Sale of Selected 2-year-olds in Training where a colt was sold for $650,000 to vintner Jess Jackson. The October Yearling Sale was re-branded as The California Cup Yearling Sale in the fall, where the auction was topped by a California-bred yearling which sold for $120,000.
Barretts graduates continued their success by winning important races both nationally in Florida, Illinois, Kentucky, New Jersey and New York as well as California, and internationally in Canada, Japan and Puerto Rico. Barretts graduate, I Want Revenge, was the morning line favorite for the 2009 Kentucky Derby before his withdrawal on race morning.
Barretts celebrated its 20th year of operation in 2009. Graduates of Barretts auctions still account for nearly one out of every five starts at all Thoroughbred racetracks in California.