CAPE PREMIER YEARLING SALE
Steinhoff saga fails to deter Britain’s Coolmore
Next weekend’s Cape Premier Yearling Sale has received a huge shot in the arm with confirmation that John Magnier’s Coolmore team will be attending the sale at the Cape Town International Convention Centre. There had been speculation that Magnier, who owns horses with Markus Jooste, would give the sale a miss following the drama of the Steinhoff saga. However, Wehann Smith, appointed CEO of Cape Thoroughbred Sales in 2017, has confirmed that representatives from the worldwide Irish operation will make the trip to SA. "It is sad that Mayfair won’t be buying at this year’s sale, but Coolmore will certainly be attending the sale and I am confident of their support," Smith said. "We do have an extremely strong catalogue this year and I’m confident it will more than make up for the absence of Mayfair’s purchase power from previous years," he added. One of the big spenders at the 2017 sale was China Horse Club, which bought yearlings for a total of R7m. "They will be here — represented by...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.