The big red tent at the Del Mar Fairgrounds and everything inside of it went up for auction Monday morning.
The proceeds from the auction will be going towards repaying Valitar’s show producer Equstria Development Inc.’s creditors and the abandoned performers.
Valitar was billed as “Cirque du Soleil” with horses, but failed to draw spectators and the owners packed up and left it high and dry.
Absolute Power, a company out of Huntington Beach, placed the winning bid and representatives for the company said they don’t know what they’re going to do with it yet.
“We don’t have a solid plan for it yet, but knowing we bought it right we know we’re going to be ok – it’s too good of a deal to pass up,” Duane Ward of Absolute Power said.
The tents were just the beginning… everything went up for sale. Office equipment, stables, skateboard ramps, the stands and more.
Poway ranch owner Emily Richards won sand and floor mats that laid beneath the tent floors.
“It’s probably worth about $40,000 to $60,000 if not more,” Richards said. “The guy had said another $20,000 for the mats. So yeah, it’s pretty good investment for $700.”
While bidders like Richards celebrated, performers like Christine Kumisbayev described it as bittersweet.
The money from the auction will be turned over to the bankruptcy courts and the performers are in a long line of people owed money.
“It hurts inside because all of that money was supposed to divide between performers and different concession people and all of the vendors that were there were supposed to get paid out of this auction,” said Kumisbayev. “Seeing how low everything is going for it doesn’t look like we’ll be getting much.”