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Saturday
Nov102012

READY TO RUN ROCKS

Adriaan van Vuuren and Die Kat

Top buyer Adriaan van Vuuren with top lot Die Kat (AUS) (Tale Of The Cat)
(Image : Leigh Willson / Heather Morkel)

SOUTH AFRICAN SALES NEWS
By Lisa Barrett

Extract from ANZ Bloodstock News

South Africa is continuing to buck the trend when it comes to racehorse sales, and the results of the recently concluded Emperors Palace Ready To Run Sales speak for themselves. The overall aggregate was up from R30,835million in 2011 to R38,840million in 2012, the average price per horse also rose significantly from R177,213 in 2011 to R229,822 in 2012. A vendor buy back system was implemented earlier this year which accounted for 11 lots with just ten lots left unsold by sale end.

Over the years, the Ready To Run concept has taken off and is now one of the most visible and popular sales in South Africa. This is mostly thanks to the innovation of Mick Goss, CEO of Summerhill Stud, who realised that it is better to see a horse doing what it does naturally; run. This would give buyers the added edge, being able to see the horses in action, and so the concept for the well-known Summerhill gallops was born.

One of the most exciting aspects of the Ready To Run Sale has been its associated race, the R2.5Million Emperors Palace Ready To Run Cup (1400m), which is now the richest race for two-year-olds in the world, and ranks on a par with the J&B Met (Gr1, 2000m) as the second richest in Africa. The race has produced multiple millionaires over the years, and is an added incentive for buyers wanting to join the ranks of fame and glory.

Six lots went for R1million and above with the sales topper Die Kat (Lot 157), a colt by leading US sire Tale Of The Cat (Storm Cat), went for R2million to Adriaan van Vuuren, who also bought the sale’s top filly, Mystical Star (Lot 47), a daughter of the late Jet Master (Rakeen) for R1.5million.

The TBA’s Jan Naude was delighted with the results of the sale saying, “This was a phenomenal sale. The aggregate was up 26%, and the average 30%. Well done to all involved for this sale.”

Summerhill’s Mick Goss, professed himself thrilled with the results, “This is a wonderful tribute to the resilience of South Africans, determined to overcome the gloomy current economy. Racing is an escape from all the bad news around the world”.

In the end, it boils down to one thing, this Ready To Run sale is the best place to pick up a future winner at a bargain price; remember Hear The Drums (Gold Press) who was sold at the 2004 Ready To Run Sale for a mere R42,000? He went onto become South Africa’s winning-most horse in history (somewhere in the region of 34 wins), retiring with earnings in excess of R2million. The opportunities are endless, and the possibilities mouth watering. (R1 = $0.11)

Extract from ANZ Bloodstock News

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