Until last weekend R6m buy Charles had looked a decidedly costly investment. The son of Trippi had earned just R378,000 in 10 starts and a Brexit outcome appeared more likely than him recouping his purchase price.

It was not surprising that a consortium of mainly Irish owners — including John Magnier and Diane Nagle — went so high for the yearling offered by Drakenstein Stud. He was out of the Dynasty mare Demanding Lady who retired a five-time winner...

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