Yearling Sales Tip For 2010
- Garrick
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Yearling Sales Tip For 2010
15 years 5 months ago
I was trawling through the web recently and came upon the following thoroughbred opportunity for 2010 :
The breeder concerned apparently has a peerless reputation for producing runners of matchless confirmation, style and performance. His recommendation for 2010 is a neat little colt by Piech x Zuffenhausen which he has named Cayman. He expects it to fetch between R600,000 - R 800,000 at the sale although he did point out that there are a couple of lightly raced horses in training available from the same family that might be sourced from about R500,000.
A novel innovation from this breeder is that keep costs ( including veterinary expenses )outside of shoes and food consumed on a daily basis are included in the purchase price.
Interestingly there appears to be strong demand for his produce once their racing careers are at an end. Statistically the breeder quotes an average recovery on purchase price of around 75% at dispersal sales and auctions although some of his more sought after produce have, in fact, appreciated over time.
Upon further investigation I discovered some additional astonishing facts : The stud has a 100% record of runners bred actually making it onto the course. Runners breaking down altogether are unheard of whilst those 'with their problems' are few and far between.
Clearly owning one of these thoroughbreds looks to be a lot of fun as well as a reasonably sensible business proposition particularly as both the acquistion and running costs can be offset against other income without running foul of recent ring fencing legislation.
Lol.
The breeder concerned apparently has a peerless reputation for producing runners of matchless confirmation, style and performance. His recommendation for 2010 is a neat little colt by Piech x Zuffenhausen which he has named Cayman. He expects it to fetch between R600,000 - R 800,000 at the sale although he did point out that there are a couple of lightly raced horses in training available from the same family that might be sourced from about R500,000.
A novel innovation from this breeder is that keep costs ( including veterinary expenses )outside of shoes and food consumed on a daily basis are included in the purchase price.
Interestingly there appears to be strong demand for his produce once their racing careers are at an end. Statistically the breeder quotes an average recovery on purchase price of around 75% at dispersal sales and auctions although some of his more sought after produce have, in fact, appreciated over time.
Upon further investigation I discovered some additional astonishing facts : The stud has a 100% record of runners bred actually making it onto the course. Runners breaking down altogether are unheard of whilst those 'with their problems' are few and far between.
Clearly owning one of these thoroughbreds looks to be a lot of fun as well as a reasonably sensible business proposition particularly as both the acquistion and running costs can be offset against other income without running foul of recent ring fencing legislation.
Lol.
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