Cape Thoroughbred Sales ready to run Sale
Two Jet Master fillies and two Western Winter colts were in the top-six prices at the inaugural CTS Ready-to-Run sale at Durbanville. The two leading stallions shared the top price of a round One Million.
The two Western Winter colts fell to bids from Markus Jooste: a million for the full brother to Master Mascus, and R800k for the full brother to Gr1 winner Nania (and 3-part brother to Gr1 Set Afire). The million Rand Jet Master filly, bred by Klawervlei, was knocked down to Adriaan van Vuuren. The filly is the second foal of her 4-time winning dam, daughter of Popular Girl from the potent Party Time family. The other Jet Master filly, out of imported Mujadil-mare District Six (from the family of Rabiya and Secret Of Victoria), made R700k.
The sale grossed some R25 million, with 152 lots sold, at an average of 170k (colts 186k, fillies 144k). The median price of a round 100k, was split between 120k for colts and 80k for fillies.
As debut’s go, the CTS Ready to Run was an unqualified success. Its winning formula was a combination of smart factors : the mandatory structure of subscriptions by both seller and buyer, enabling a R2million bonus race, the CTS Ready to Run Stakes to be held on November 23, 2013, for sale graduates only, essentially meaning a one-in-ten chance for horses sold to get to run in the richest race in the Cape outside of the J&B Met. Buyers were also provided with 6 months interest free credit in order to stimulate demand, with a 2.5% discount for cash.
“Such incentives captured the imagination of buyers from across the country and from Mauritius”, said CEO, Robin Bruss. “Consequently, trade was brisk, although it can also be said that as the last sale of the year, quality was variable and we saw horses trading from R20k to R1million, so there was something for everyone. The results showed a winning formula”.
Markus Jooste’s Mayfair Speculators, hot from winning the recent R2m Sansui Summer Cup with Wagner, was the biggest buyer with 15 lots purchased for some R6 million. Wagner’s trainer Joey Soma bought 4 in his own name ranging from R20k to R180k.
Two newcomers were big spenders. US-domiciled South African Greg Bortz returned to his roots and bought 8 juveniles for just over R1 million, mostly for the Justin Snaith stable. Adriaan Van Vuuren, apart from the Jet Master sales topper, got three others, all headed for Michael Azzie.
Apart from the stylish sale structure, with its layout of the sales area beneath a beautiful grey Bedouin tent, tiered seating, smart dining, a cigar lounge, and a jazz band, the sale’s notable feature was the number of successful pin hooks. The list of re-sold lots (over 50k) suggests that buying into the R2 million race for next year played its role as well. Click here to view resold lots and sale prices.
