Racing Racehorse syndication is making dreams come true around the world, nowhere more evident than at Randwick in Australia last Saturday, where Redzel captured his second successive The Everest Sprint, a race worth $AUS13-million.

Cape Thoroughbred Sales

CTS R2R Sale presents good syndication opportunities

October 17, 2018

Racehorse syndication is making dreams come true around the world, nowhere more evident than at Randwick in Australia last Saturday, where Redzel captured his second successive The Everest Sprint, a race worth $AUS13-million. 

Redzel was purchased for only $120,000 and his 17 owners were assembled by syndicators Michael and Chris Ward. They include people from all walks of like including a police officer, school teacher, doctor, taxi driver, concreter, electrician, pharmacist, cricket coach and a security guard. They were all on course, celebrating with their Everest slot-holder, Yuesheng Zhang, a Chinese billionaire with varied worldwide business interests include mines, wind farms and hotels. 

Redzel, with 14 career wins, took his prizemoney to a staggering $15,372,000, passing Makybe Diva’s $14,526,690 to move into second on the all-time Australian prizemoney list behind Winx with $19,884,924. 

Syndication is starting to take off in South Africa too. A number of stables have launched syndication initiatives and are shelling share in blocks of as little as 1% to get new owners involved. 

The CTS Ready To Run Sale on 23 November presents an ideal opportunity for groups of friends to club together to obtain a quality two-year-old a good price. 

In total, 117 two-year olds have been accepted and the quality of this year’s sale has been described as exceptional by CTS CEO Wéhann Smith and Bloodstock Manager Kerry Jack. The CTS RTR Sale has been hugely successful in terms of the number of big race performers to have come from the sale. In terms of stakes winners and return on investment, Sale is regarded as one of the most buyer-friendly sales in the land. 

The sale includes progeny from internationally proven sires Camelot, Equal Stripes, Manhattan Rain; ace South African stallions Dynasty, Silvano and Trippi and a host of others including VAR, Duke of Marmalade, Gimmethegreenlight, Oratorio, Pomodoro, Querari, Twice Over and What a Winter. 

The catalogue is available online, here.

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