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www.racingsouthafrica.co.za
Promoting SOUTH AFRICAN BLOODSTOCK to the world!
SMART CALL (SAF) Rated 121
Photo: Liesl King
International SUCCESS...
With export restrictions still in place, the majority of South Africa’s top performers remained on home soil during the 2015/16 season and treated South African horseracing fans to some high class racing action. The performance of the Ideal World filly, Smart Call, in the 2016 J&B Met arguably ranked amongst the best ever recorded in Cape Town’s premier racing event, not least the manner in which she beat Horse Of The Year, Legal Eagle (Grey’s Inn). Her subsequent six month long journey to reach the Breeders Cup was always going to be fraught with difficulty and so it proved when she suffered a minor setback in training in the UK and plans to travel to the USA were shelved. European racegoers will hopefully have the pleasure of seeing her in action in 2017.
Perhaps Forries Waltz (Grey’s Inn), who races in the yellow and blue colours of Sheikh Mohammed bin Khalifa al Maktoum, was the
most impressive of the South African exports when landing the Gr.2 Al Rashidiya in Dubai. In doing so, he took his record to five wins from six starts in the 1800m event and showed a fine return on investment from his original Sales price of R90 000 at Bloodstock South Africa’s National Two Year Old Sale in 2013.
Horse Of Fortune (Stronghold), continues to improve for South African ex-pat trainer, Tony Millard, recording his career best effort when winning the local Gr.3 Ladies Purse and taking his career earnings to over HK$7 million, some 90 times his original Sales price of R150 000 paid at the Cape Premier Yearling Sales conducted by Cape Thoroughbred Sales in 2012. From a very small sample of SAF bred horses in HK, Millard’s Secret Command and Mint Master also earned consistently well for their owners during the year under review.
Across the South China Sea in Singapore, another ex-pat trainer, Patrick Shaw, got the best out
HORSE OF FORTUNE - Purchased: US$11 078
Earnings: US$1 005 000
Promoting SOUTH AFRICAN BLOODSTOCK to the world
Forries Waltz - Purchased: US$6 590 | Earnings: US$199 161
Soft Falling Rain - Purchased: US$43 750 | Earnings: US$1 200 000
JJ THE JET PLANE - Purchased: US$8 550 | Earnings: US$2 280 700
Vercingetorix - Purchased: US$132 000 | Earnings: US$1 420 000Flax - Purchased: US$28 750 | Earnings: US$1 032 800
Cerise Cherry - Purchased: US$29 450 | Earnings: US$1 336 300
Singa
pore
Turf
Club
of two SAF bred geldings, Time Odyssey (Jet Master) and Mighty Emperor (Kahal), the last named a half brother to Horse Of Fortune. But, it was the runner-up effort of Time Odyssey in the Gr.1 Singapore Gold Cup that took his earnings to a very healthy S$625 567. Time Odyssey is the younger half brother of Tellina, another export that enjoyed prominence in Germany this year when second in the Gr.3 German St Leger.
From a Sales perspective, South Africa continues
to be a great value destination for international investors producing tough, hard-knocking thoroughbreds and importantly the opportunity to buy the best bloodstock available. In fact 74% of all Gr.1 winners from last season were offered for Sale at public auction, making South Africa the investment destination of choice! We look forward to seeing you in South Africa in 2017!
2015/2016 Season by Total Stakes Earned (South Africa only)
It’s a story of PERFORMANCE...
*deceasedStatistics courtesy of the National Horseracing Authority - www.nhra.co.za
TOP 10 BREEDERSTOP 10 TRAINERS TOP 10 SIRES
TOP SAF BRED HORSES
1 Jay Peg 16 150 4 275 0002 Lizard’s Desire 3 810 5003 JJ The Jet Plane 8 550 2 280 7004 Victory Moon 24 700 2 280 0005 The Apache 8 000 2 072 7006 River Jetez 2 020 7007 Variety Club 40 000 1 905 6008 Pocket Power 22 800 1 524 8009 Oracle West 33 250 1 520 00010 Irridescence 19 950 1 425 00011 Vercingetorix 132 000 1 420 00012 Ato 106 250 1 411 60013 Shea Shea 51 000 1 400 00014 Cerise Cherry 29 450 1 336 30015 Soft Falling Rain 43 750 1 200 00016 Imbongi 1 046 10017 Flax 28 750 1 032 800
Name Purchase Career Price US$ Earnings US$
Sean Tarry
74% of Gr.1 winners in South Africa (2015/2016 season) were sold at auction !
www.capethoroughbredsales.co.za
South African racehorses continue to perform at the highest level and when it comes to value for money, pound for pound nothing compares to South African bloodstock!
It’s a story of VALUE...
2017 MAJOR SALES DATES
2016 INTERNATIONAL YEARLING PRICES BY COUNTRY
www.tba.co.za
DATE SALE VENUE
21 - 22 January CTS Cape Premier Yearling Sale Cape Town
21 April CTS Select Yearling Sale Johannesburg
3 - 5 May BSA National Yearling Sale Johannesburg
29 - 30 June BSA KZN Yearling Sale Durban
16 - 18 August BSA National Two Year Old Sale Johannesburg
November CTS Ready To Run Sale Johannesburg
Dates subject to change
US$ GB£ EURO ZAR
SOUTH AFRICA 1 USD = R14.00 1GBP = R17.60 1EURO = R14.90
National Yearling Sale Highest price: 178 571 142 045 167 785 2 500 000 Average price: 22 858 18 183 21 478 320 015
Cape Premier Yearling Sale Highest price: 428 571 340 909 402 685 6 000 000 Average price: 42 716 33 978 40 135 598 017
NEW ZEALAND Karaka Premier Yearling Sale Highest price: 585 106 468 927 533 877 8 217 000 Average price: 124 983 99 563 118 272 1 755 211
AUSTRALIA Sydney Easter Sale Highest price: 1 703 704 1 360 947 1 597 222 23 874 000 Average price: 209 992 167 745 196 867 2 942 616
USA Keeneland September Sale Highest price: 3 000 000 2 400 000 2 830 189 42 000 000 Average price: 347 471 302 149 327 803 4 864 594
UK Tattersalls October Sale Highest price: 3 250 000 2 600 000 3 068 000 45 760 000 Average price: 285 098 228 078 269 132 4 014 173
BY EARNINGS
SG Tarry
JS Snaith
MW Bass
MF de Kock
MC Azzie
GH van Zyl
GR Puller
DR Drier
J Ramsden
V Marshall
Summerhill Stud
Klawervlei Stud
Lammerskraal Stud
Maine Chance Farms
Highlands Farm
Wilgerbosdrift Stud
Mauritzfontein Stud
Scott Bros
Drakenstein Stud
Varsfontein
Trippi (USA)
Silvano (GER)
Captain Al (SAF)
Dynasty (SAF)
Kahal (GB)*
Western Winter (USA) *
Var (USA)
Judpot (USA)
Jet Master (SAF) *
Greys Inn (USA)
exchange rate as at 1 December 2016
Trippi (USA)
Summerhill Stud
*Dates subject to change - refer to www.goldcircle.co.za or www.phumelela.com
Date Grade Stake Race Name Distance Club
2017
07-Jan G1 1 000 000 L’Ormarins Queens Plate 1600 Kenilworth
G1 1 000 000 Maine Chance Farms Paddock Stakes 1800 Kenilworth
28-Jan G1 5 000 000 Sun Met 2000 Kenilworth
G1 1 000 000 Betting World Flying Championship 1000 Kenilworth
G1 1 000 000 Investec Cape Derby 2000 Kenilworth
G1 1 000 000 Klawervlei Majorca Stakes 1600 Kenilworth
01-Apr G1 2 000 000 SA Classic 1800 Turffontein
G1 1 000 000 HF Oppenheimer Horse Chestnut Stakes 1600 Turffontein
G1 1 000 000 Wilgebosdrift SA Fillies Classic 1800 Turffontein
15-Apr G1 1 000 000 L Jaffee Empress Club Stakes 1600 Turffontein
06-May G1 4 000 000 President’s Champion’s Challenge 2400 Turffontein
G1 2 000 000 SA Derby 2400 Turffontein
G1 1 000 000 Computerform Sprint 1000 Turffontein
27-May G1 1 000 000 Tsogo Sun Sprint 1200 Scottsville
G1 600 000 City of Pietermaritzburg Fillies Sprint 1200 Scottsville
G1 600 000 Tsogo Sun Gold Medallion 1200 Scottsville
G1 600 000 Alan Robertson Championship 1200 Scottsville
03-Jun G1 2 000 000 Daily News 2000 2000 Greyville
G1 1 000 000 Woolavington 2000 2000 Greyville
10-Jun G1 1 000 000 Rising Sun Gold Challenge 1600 Greyville
01-Jul G1 4 250 000 Vodacom Durban July 2200 Greyville
G1 1 000 000 Jonsson Workwear Garden Province Stakes 1600 Greyville
15-Jul G1 800 000 Mercury Sprint 1200 Greyville
29-Jul G1 1 000 000 Champions Cup 1800 Greyville
G1 600 000 Premier’s Champion Stakes 1600 Greyville
G1 600 000 Thekweni Stakes 1600 Greyville
25-Nov G1 2 000 000 Sansui Summer Cup 2000 Turffontein
02-Dec G1 1 000 000 World Sports Betting Fillies Guineas 1600 Kenilworth
16-Dec G1 1 000 000 Cape Guineas 1600 Kenilworth
Visit www.racingsouthafrica.co.za for more information
Questions for PROSPECTIVE INVESTORS...Premier RACING EVENTS...
Q: Who represents my best interests as an Owner in South Africa?
There are a number of independent organisations established to represent the interests of owners in the various regions and these are listed below. They will be able to assist with any question pertaining to racehorse ownership in South Africa:
The Racing Association CEO: Larry Wainstein PO Box 74054, Turffontein, 2140 RSA Tel: +27 (11) 683 3220/1 Tel: +27 (21) 762 3094 Email: [email protected] Web: www.racingassociation.co.za
Gold Circle Racing (Pty) Ltd Melinne NathramRacing Liaison & Members OfficerPO Box 924, Durban 4000 Email: [email protected]: [email protected]: www.goldcircle.co.za
Q: How do I buy my horses?
Bloodstock South Africa and Cape Thoroughbred Sales hold auctions throughout the year and cater for all pockets (see major sales dates on page 4). A foreign buyers incentive scheme is also offered at all major sales.
Q: Where should I race my horses?
The major provinces cater for horseracing from nine racecourses across the country. Due to the geographic and climatic diversity within South Africa, there are four distinct racing seasons: Cape Town from November to February, Johannesburg from September to December and February to April and Durban from May to August for the racing season’s finale.
Many trainers move their strings between the various centres to take advantage of the higher quality racing and better prize money offered during these seasons.
Q: What are the Tax implications of being a foreign based owner?
1. VAT
In order to qualify for a VAT refund, the following applies:
• Horse must not be raced (unused) • Exported within 90 days of purchase • Importer is then given another 90 days to lodge a claim
2. Income Tax
For the serious investor, the registration of a Company is the best method of managing tax issues.
Q: How do I apply for colours?
The National Horseracing Authority will consider your application to be an owner, whether as an individual colour holder, in a partnership or syndicate, or under your Company name. For more information, go to www.nhra.co.za
Q: How often do we race?
We race every day of the week and 364 days of the year.
Q: Is Prize Money competitive?
South African stakes relative to costs are comparable to many of the major racing jurisdictions internationally. Prize money paid out during the last racing season was R399 000 000 (2015/2016 season)
Q: How do I export my horse?
Whilst new protocols are being negotiated with our trading partners, currently all horses are being transported via Mauritius. For further information, contact: SA Equine Trade Council, email: [email protected]
Acknowledgements: Photography: John Lewis, Liesl King, Gold Circle, Sporting Post, JC Photographics, Ada van der Bent and various other contributors l Design: Xpressions Advertising & Design
JB McIntosh Drive, Summerveld, Shongweni, KwaZulu-Natal, South Africa
Tel: +27 (0)31 769 2961/63 l Fax: +27 (0)31 769 2944 l Mobile: +27 (0)83 406 4881 Email: [email protected] l www.racingsouthafrica.co.za
The South African Equine Trade Council, trading as “Racing South Africa” was formed in 2001 and is responsible for promoting South African bloodstock of all breeds to world markets. Racing South Africa is a non-profit company and is a member of the Association of Export Councils, deriving its funding from The Department of Trade & Industry (DTI) and industry members. Council has very clear objectives:
• To promote South African bloodstock to global markets
• To facilitate trade
www.racingsouthafrica.co.za
• To grow Foreign Direct Investment • To grow exports
FORRIES WALTZ (SAF)winning Gr.2 Al Rashidiya Stakes