A few weeks ago it was almost inconceivable that South Africa’s two leading bloodstock sales companies would go head-to-head with a pair of Ready To Run Sales staged on the same weekend, in the same city. Now that it’s over and we’ve caught some breath, there is a lot to reflect upon, writes Mike De Kock.
The auctions of both the Cape Thoroughbred Sales Company (CTS) and the TBA’s BloodStock SA (BSA) were successfully concluded despite various misgivings, but there is still cause for concern. If they want to ensure similarly pleasing results in time to come, the leaders of both parties will have to find a way of co-existing within certain parameters.
There is nothing unusual about opportunism and unconventional ploys when sellers compete for clients, but this saga has already produced elements of the bizarre. If ‘Salesgate’ is allowed to continue unabated, a proportion of buyers will be polarised and further tension in the market could cause dilution. Too much noise could bring the roof crashing down on the entire congregation.
.Let’s also not forget that we’re constantly exposed to the rest of the racing world. We have a growing base of international buyers and they’re talking about us. On my travels in recent years I’ve had introductions to and social meetings with influential representatives from racing jurisdictions in Europe, the USA and Asia. They have no time for fragmented groups and respect good order. They open doors for those who speak with one voice.
Ours is a racing fraternity not known for its pursuit of cohesion and teamwork, but we’ve come to a juncture where there is a pressing need for cooperation and transparency. CTS and the TBA are probably in the process of weighing up their options, but the relative silence after all the drama implies that neither will be rushing into negotiation or compromise.
I’d like to address a question to the leadership at both sales companies and I will be hoping for replies: Is there any chance, now or in future, that CTS and BSA will amalgamate to manage the breeding industry under a single umbrella?
I see logical sense in the joining of forces from both sides. I will strongly support efforts to combine the considerable skills and talents of both companies that will serve the industry as one. CTS has shown unusual flair and innovation with a strong global vision and the balls to make things happen.
The TBA can claim over 90 years of invaluable experience in breeding and bloodstock sales. They are the sole guardians of racing’s rich history and traditions, they bring pride and integrity to their work and enjoy the support of an older, more established group.
Before I move on, I’d like to call on CTS and the TBA to steady the boat as soon as they can. Guys, for the sake of everyone in our industry, please sort out your nonsense!
Next I want to share some of my notes on the two Ready To Run sales, followed by a few suggestions I have no doubt will give everyone a better chance of sharing in the massive race sponsorships attached to these targeted auctions.
I have strong views and the luxury of this blog to make them known, but my intentions are sincere and no prejudice is intended. My opinion is, after all, just one of many!
CTS launched their venture at Sandton’s Inanda Club with their by now trademark pomp and sparkle and a polished professionalism. I must confess, however, to feeling out of place in the designated stable areas. I wasn’t able to shake an awkward sense of having to work in ‘foreign’ surroundings and couldn’t find my customary focus ahead of the bidding.
My friend and fellow trainer Joey Ramsden, in turn, took like a duck to water. He enjoyed a couple of memorable days in Joburg. Joey praised CTS for their hospitality and organisational skills at the picturesque inner-city venue, a first-class experience all-round.
I touched earlier on the contrasting attributes evident in this matter. Joey put it aptly in an account of his visit to the old faithful, writing on his website: “While Germiston is perhaps not quite as salubrious as Sandton, the TBA complex is reassuringly comfortable and welcoming. It feels something like the first day back at boarding school, where you can barely wait to dump your bags and rush off to see your mates.”
As noted, I believe that a range of benefits and maximum operating strength can be established in the balance between free-thinking innovation and the stability of knowledge and custom.
On to the generously rich stakes on offer in various races limited to graduates of Ready To Run sales and what can be done to make things as fair as possible to everyone who enters the Ready To Run arena.
To start, the TBA should revisit the distance of their Ready To Run Cup for November 2015. The present 1400m is a specialized trip with a big draw bias. It is really an extended sprint that creates an imbalance because it favours runners with predominantly ‘speed’ pedigrees over those with scopier pedigrees invariably better suited to middle distances.
A next consideration should be the moving of November’s Ready To Run Cup to a later date. As it stands now, trainers who wish to qualify their young candidates have no option but to push them to fitness much sooner than they’d like to.
“How can we improve on the initiatives to ensure fairness and a better deal for buyers?”
As if the TBA’s R2R Cup over 1400m at Turffontein is not enough, CTS has thrown R2,5-million at the Lanzerac R2R at Kenilworth, also over 1400m and also in the month of November!
This is followed in January by a 1200m race for which horses sold at CTS Book 1 will qualify for a dash down the straight and a cool R1-million in the prize pot.
In February the action returns to Turffontein for a contest in which R2,5 million can be won by graduates from CTS Book 2. Staggeringly this race, too, will be staged over a distance of 1400m!
I’d like to pose one more question and this one goes to the individuals responsible for brainstorming these events: In your planning of the Ready To Run races, why was no provision made for races over the classic 1600m? Classic horses are the heartbeat of racing and it is beyond belief that our potential classic performers don’t have a chance to reveal themselves in the Ready To Run series or share in its spoils.
Here is a free helping of common sense I’d like to offer, as the salutation goes on a business letter, “To whom it may concern”: The Ready To Run Series should consist of a race over 1200m and a race over 1600m. This will allow 32 horses a chance to compete – 16 sprinters over 1200m and 16 horses with more scope in their pedigrees over 1600m.
Justifiably the entire spectrum of pedigrees will be covered and this will have a bearing on prices paid; possibly even lead to increased turnovers. Think about it. Buyers will have a wider choice and will “tick their boxes” to qualify the potential sprinters as well as stayers on offer at the sales. If the net is cast wider, money will flow in more directions to claim the tickets to the rich-race glory that goes with every secured purchase.
www.mikedekockracing.com