The Cape Winter Mixed Sale, held June 16 at Hollywoodbets Kenilworth, South Africa, posted strong increases over the same sale a year ago, Cape Racing Sales announced on Monday.
Overall, 129 lots of 169 offered were listed as sold for a R12.47 million (€628,000) aggregate, which produced an average of R96,667 (€4,879)–up from last year's average of around R80,000 (€4,030)–and a median of R60,000 (€3,023).
The 16-year-old mare Louvre (SAf) (Doowaley {Ire}) brought R900,000 (€45,344) from Jono Snaith/Philaris Ltd. to claim top price for the sale. Drakenstein Stud Ltd., agent, consigned the Group 2 winner, who is the dam of G1 Turffontein Horse Chestnut S. winner Trip of Fortune (SAf) (Trippi). Overall Snaith was the highest buyer, securing four lots for R1.31 million (€66,000).
“This sale showed a resurgence in the buyers bench. I saw a few old faces coming from the woodwork,” Snatih said. “It was encouraging and I believe the interest was revived as a result of Cape Racing's latest incentives. The venue was beautifully renovated, the atmosphere was good and we enjoyed ourselves. This is the way of the future for bloodstock auction sales, and Cape Town remains the ideal city to host them.”
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