* Sold at auction: This is the primary outcome for the adult ponies. The auction is a major part of the annual event, and many of the ponies are purchased by individuals or organizations for various purposes, including riding, breeding, or simply for companionship.
* Kept by the Chincoteague Volunteer Fire Company: Some ponies are kept by the fire company itself, either for breeding purposes or as part of their conservation efforts.
* Donated to local organizations: Some ponies are donated to local charities or organizations that utilize them for therapeutic riding or other community programs.
It's important to note that the Chincoteague Pony Penning is a controversial event. Animal welfare advocates argue that the stress of the penning process, the auction, and the separation of family groups can be harmful to the ponies.
The Chincoteague Volunteer Fire Company, which organizes the event, maintains that the penning is a necessary part of the ponies' management and helps to ensure their health and safety. They also state that the auction is a fair and transparent process and that the ponies are treated humanely throughout the event.
Regardless of individual opinions on the event, it's clear that the Chincoteague Pony Penning has a significant impact on the lives of the adult ponies, and the event continues to be a popular and unique cultural tradition.