The CTS Ready To Run Sale, held at the Durbanville Racecourse as part of a Festival of Racing that included the Cape Seasons openers the Lanzerac Gr. 3 Diana Stakes and Kuda Gr. 3 Matchem Stakes, ended on a high with an aggregate of R 32,510,000, an average of R195,843 and a median of R150,000, up R50 000 from the previous year. Lot 2, selling for R1.5 million during Session One, remained the sales topper, with Balmoral Stud CC heading the vendor list with 30 lots selling for R7,225,000, while Mayfair Speculators topped the buyers list, signing for nine lots for R2,880,000.
“We are very happy with the sale and the quality of the lots on offer. This was a sale were there was something for everyone and the fact that the median rose by 50% showed solid growth across the market place. We now look forward to the CTS Ready To Run Sale to be held on the 31st of October in Johannesburg”, commented Adrian Todd, COO of CTS. “The vendors are happy, it was a solid sale and we are delighted with the aggregate achieved”, added CTS Chairman Chris van Niekerk.
After a superb day’s racing and a glorious victory by the Springboks over the All Blacks, the assembled buyers were ready for business and the Sale had barely commenced when a fierce bidding war erupted over Lot 2, a Trippi colt out of the Jet Master mare Nimley. Lot 2 was initially sold at the CTS Premier Yearling Sale for R500 000 and hence eligible for the highly anticipated CTS Million Dollar. Trainer Geoff Woodruff was forced to go to R1.5 million before the bay colt, named Perpetual Silence, was finally his. “I hadn’t quite expected to pay that much. He had better win the CTS Million Dollar now!” Woodruff quipped.
It did not take long for the million Rand mark to be breached again, as the hammer fell at R1.1 million for Lot 20. By Warm White Night, the bay colt is the second foal of Savoire Faire, a half sister to Gr.1 Cape Flying Championship winner Cordocelli. “I am delighted to have got him”, commented trainer Vaughan Marshall. “He is a lovely horse, who moved beautifully and I thought he was the pick of the Sale.”
Day Two started with everyone eagerly awaiting the talk horse of the week, Lot 100, a Silvano colt out of the Royal Chalice mare Crystal Chalice. Bidding started at R100 000 and rose quickly before Mayfair Speculators got the final bid at R650 000. “He is a lovely scopy Silvano and he will be trained by Dennis Drier. He stands over a lot of ground and we think he will be a classic horse”, said Derek Brugman.
Lot 106, named Beyond Limits, produced a superb gallop on Thursday and it certainly did not go unnoticed. By Archipenko out of the Dansili(Gb) mare Desarmante(Ire), he was eventually knocked down for R1 million to up and coming trainer Brett Crawford. “I am very privileged to have him”, Crawford said. “He put up an exceptional gallop and he has always been a beautiful horse, even as a foal.”
2013 Champion sire Silvano(Ger) only had three colts on the sale and the buyers were certainly not letting them go cheaply. Chris van Niekerk had to go to R600 000 for Lot 112, out of the Al mufti mare Dual Honour(Saf). Van Niekerk is known as being a shrewd buyer, so it came as no surprise when he also snapped up Lot 169, the very imposing Dynasty colt out of Lyrical Linda for R650 000. Sean Tarry trained the colt’s half brother Lance and he was extremely pleased to be able to train the Dynasty. “It is nice to have a Dynasty colt from such a phenomenal female family and it’s a bonus that he has a ticket for the 2016 CTS Million Dollar”, said Tarry.
European pinhookers received a great return on investment while the announcement of a prize money increase to R2.5m, attracted a strong Mauritian contingent of buyers who signed for eight lots.
Also encouraging was the response to the live stream with nearly 20,000 viewers from the UK, USA, Irelands, Netherlands, New Zealand, Australia and Singapore tuning into the live stream.
The Ready to Run action continues with gallops in Turffontein on the 13th of October and Summerhill on the 17th before the CTS Jo’burg sale on the 31st of October at Inanda Club, Sandton.
In an exciting and timely announcement for the South African racing and breeding industries, CTS has today announced the prize money of their ready-to-run races in both Cape town and Johannesburg for 2015.
The Lanzerac Ready to Run Stakes presented by CTS has received a R500,000 increase taking it to R2,500,000 in stakes while the Emperors Palace Ready to Run Cup presented by CTS will carry the same purse.
“We’ve always prided ourselves as innovative and we believe that this initiative will be well received by both Buyers and Vendors” said CTS COO Adrian Todd.
He further went on to say, “We want all of our clients to attend the upcoming sales confidently knowing that any horse they purchase will be in the running for R2.5 million in stakes in 2015”
In a further boost for Buyers, CTS announced that buyers at both sales would receive the lucrative payment terms of 90 days with Vendors receiving guaranteed payments.
“We set a precedent for our Buyers and Sellers at our inception, and we feel it’s very important that we continue to strive to remain fair and consistent”
The buy in for both races for Vendor & Buyer will remain the same at R7,500.
The 2014 Lanzerac Ready to Run Sale will be conducted at Durbanville Racecourse with gallops on the 2nd October from 9:00am and the sale commencing on Saturday the 4th and concluding on Sunday the 5th October.
The inaugural CTS Johannesburg Ready To Run sale will be conducted on the 31st October at the Inanda Club in Sandton with gallops to be held on Monday 13th October at Turffontein Racecourse and Friday 17th October at Summerhill Stud.
After careful consideration and in the interests of both buyers and vendors, CTS has decided to change the date of its Johannesburg Ready To Run Sale from the 2nd November to Friday the 31st October. This will afford buyers the opportunity to view and purchase horses at both the CTS and BSA Ready To Run Sales. We apologise for any inconvenience that the change of date may cause our clients.
In keeping with the CTS initiative of inner city sales, the Johannesburg Ready to Run Sale will be held at the Inanda Club. Situated in the heart of Sandton and in sight of the high-rise towers of the financial district, it would be hard to find a venue that is more inner city than the lush green oasis that is the Inanda Club. Meaning ‘beautiful’ in Zulu, the Inanda Club certainly lives up to its name and horses are very much a part of the Club’s history.
Established in 1934, the roots of the Club are firmly anchored in equestrian activities, with the Johannesburg Polo Club and the Rand Hunt Club amalgamating to form the Inanda Club. Many a Polo International has been played on its green turf and CTS is delighted to have been able to secure such a prestigious venue for its first ever Johannesburg Sale.
The CTS Johannesburg Ready To Run Sale promises to be a world-class event that epitomises the CTS philosophy of presenting quality horses in stylish surroundings, while catering to the buyers’ every need. The Sport of Kings is coming to the centre of Johannesburg for the very first time. It is an event not to be missed.
The CTS team are delighted to welcome Emperors Palace on board as the sponsor and look forward to working with Bob Yearham and his exceptional team. Both companies share the same philosophy that the customer always comes first and as such, this partnership is sure to deliver Sales to Johannesburg, that are on par with any International sale.
The first CTS Johannesburg sale will be the CTS Ready To Run Sale to be held on the 2nd November 2014 at the Inanda Country Club.
After careful consideration, CTS has decided to hold their Johannesburg Ready To Run Sale on the 2nd November in order to afford buyers the opportunity to inspect and bid on horses on offer at both the CTS Ready to Run Sale as well as the Bloodstock SA Ready To Run Sale, which will precede the raceday at Turffontein.
This is in keeping with the historic pattern of sales over this weekend.
Several vendors have already confirmed their support of the new Johannesburg Ready To Run Sale and CTS is delighted with the quality of horses that have been entered. All graduates of the CTS 2014 Johannesburg Ready To Run Sale will be eligible for the R2 million 2015 Emperors Palace Ready To Run Cup presented by CTS and with a R7500 buy in and 90 days credit terms being offered to buyers, this is a Sale not to be missed.
In true CTS style, the CTS team are dedicated to serving not only the needs of the buyers but also of the vendors and vendors can be assured of the CTS feature of guaranteed payments.
A new era dawns as CTS takes a bold step forward in announcing its entry into the Johannesburg bloodstock market. CTS will be holding a Ready To Run Sale in Johannesburg in November 2014 and a Select Yearling Sale in April 2015. The move came about at the request of several vendors and CTS are delighted to be entering the Johannesburg Sales market.
Following on the well established CTS concept of inner city sales, the CTS team look forward to taking this unique brand of Thoroughbred Sales to Johannesburg. The CTS Johannesburg Ready To Run Sale, with around 170 entries expected, will be held to coincide with the Gr2 Charity Mile, the Gr3 Graham Beck Stakes, the Gr3 Starling Stakes and the Emperors Palace Ready To Run Cup held at Turffontein Racecourse on the 1st of November 2014.
“We are extremely excited by the opportunity to fully cater to the Johannesburg market in the same manner as we have currently been conducting sales in the Cape. It has always been CTS’s motto to think outside of the box, in order to enhance the South African bloodstock market to the benefit of both buyers and sellers”, said CTS Chief Operating Officer Adrian Todd.
The CTS Select Yearling Sale, to be held during April next year in Johannesburg, is designed to enable vendors with quality, late maturing yearlings or yearlings hampered by travel restrictions, access to a CTS style sale that complements the company’s existing yearling sales in Cape Town.
Adrian Todd explains: “CTS feels that a select sale in Johannesburg in April truly complements our existing Cape Town sales market and also offers an opportunity for vendors who have not previously been able to access CTS’s sales due to movement restrictions or late maturing yearlings. Rather than competing with our existing sales, this initiative complements and enhances our current offering of quality horses.”
“As promised, CTS will continue to offer new and innovative platforms for the selling of racehorses”, concluded CTS Chairman Chris van Niekerk.