PREMIUM!

Racehorse auction rakes in millions

horse news 2 months ago

A group of humble stable grooms sold a racehorse at the weekend for a whopping R1.2 million.


05 Aug 2020
PREMIUM!
Racehorse auction rakes in millions

Picture for illustration purposes. Devon Habib was charged with striking the horse Flashlight 16 times in Race 1 at Turffontein on 15 August. The maximum number of whip strikes allowed is 12. Picture: iStock

Predictions for the delayed and downscaled 2020 National Yearling Sale (NYS) were gloomy, to say the least, courtesy of coronavirus restrictions and fears. But … silver linings and all that. And horses have a way of cheering up humans, often when they least expect it. Firstly, South Africa’s besieged thoroughbred breeders would have been cheered by better-than-expected results at the two-day sale in Germiston, highlighted by a stunning R7 million lot – the second-highest auction-ring bid for a racehorse in the country. Secondly, there was elation as the grooms from Cheveley Stud in Western Cape’s Ceres Valley pocketed that seven-figure...

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