HORSE RACING
Strong bidding boosts yearling prices
The National Yearling Sale in Germiston shows no sign of SA’s economic downturn with a total of 10 lots sold for R1m or more on the first day
Any economic downturn does not appear to be affecting the bloodstock industry with a total of 10 lots sold for R1m or more on the first day of the National Yearling Sale in Germiston. At the close of play in the first session, about 122 yearlings had been sold at an average of R354,959. Top international auctioneer Steve Davis was only on the second lot of his first shift when he was bombarded with bids for a Silvano colt consigned by Lammerskraal Stud. In the end, Form Bloodstock, which also secured the top price of R3.8m at the recent CTS Emperors Palace Sale, had the final say at R4m. The colt, Matador Step, will join the stable of Dean Kannemeyer, which is the appropriate call as the Cape trainer did an excellent job with Capetown Noir who did the Cape Guineas-Derby double and went on to capture the Queen’s Plate. Maxixe, the dam of Matador Step, is a sister to Capetown Noir and Across The Ice. "I have trained the family and they can run," said Kannemeyer. Form Bloodstock also b...
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