YEARLINGS ON OFFER
Records tumble at Cape sale
The two-session total at the Cape Premier Yearling Sale hits a record R154.625m
Foreign buyers — no doubt lured by favourable exchange rates — opened their wallets at the Cape Premier Yearling Sale to send the aggregate for the two-session sale to an astonishing record of R154.625m. The average for the 237-lot sale — held at the Cape Town Convention Centre — rose to a record R699,661 with the median — the mid-point of all sales — at R375,000. Kuda Holdings, David Redvers Bloodstock and MV Magnier were the dominant buyers over the two days with the first-named purchasing 11 yearlings for R9.95m. Redvers Bloodstock signed for three yearlings for R8.1m while Magnier secured two choice lots for R7.9m. "At last foreign buyers have come to the party to make this sale the best in CTS’ history," said Cape Thoroughbred Sales chairman Chris van Niekerk. Van Niekerk, whose colours have been carried to success in two Durban Julys, was active himself with his trainer Sean Tarry pinpointing a total of 11 yearlings at a cost of R7.3m. Bass Racing was also active in the market...
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