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Buoyant market pushes horse prices to a new high

The Citizen

|

August 27, 2024

It was a "buoyant and enthusiastic buying market" that pushed the August Two Year Old Sale to new highs last week, according to sales company Bloodstock SA.

- Mike Moon

Buoyant market pushes horse prices to a new high

The sale's aggregate rose by more than R20 million from 2023 - to R80.345 million.

The average price paid per horse was up by more than R35 000 to R281 912.

The top bid over the two days was R2.8 million, paid by owner Rakesh Singh for standout colt Torremolinos, by Vercingetorix out of sometime champion race mare Alboran Sea and consigned by Wilgerbosdrift stud.

Twelve of the 288 lots sold fetched a million or more.

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