R500-million could flow back into racing
August 28, 2024
Weekend runner reports
August 31, 2024
The Cape Racing Festival Sales Day, a high value race meeting that will offer stakes racing from R6,5 million up to R10 million over the initial three years, and encompassing the age spectrum, will dovetail the CRS March Premier Sale, creating a racing and sales festival like no other in South Africa.
The festival will extend the bumper Cape Summer Season Of Champions, creating an eighth festival race meeting in what is a celebration of close on five months of non-stop high quality horseracing in the fairest Cape in all the world.
The innovative Cape Racing Sales team have again raised the bar in an industry showing exponential growth in the post-covid era, and their recent groundbreaking announcement of a March Premier sale to be added to the CRS sales calendar has generated plenty of excitement following the opening of entries for their 2025 premier sales.
Making the announcement earlier this week, Cape Racing Executive: Racing & Bloodstock Justin Vermaak explained that, from a CRS perspective, the new festival gives prospective gives buyers another great reason to buy a CRS graduate.
“Knowing that your purchase will potentially be able to participate in a R3 million race as a juvenile, and then have a R5 million race available every season, is quite something. Having R10 million on offer across four individual races is unlike any sales race incentive structure we have ever seen in South Africa. It creates an exceptional race day to follow what will be a memorable auction the day before,” enthused the racing administrator.
Looking at the three features individually, one notes that all ages and sexes are catered for.
