CTS announce two great new initiatives

12 Mar 2013 Comments 0

During a media briefing held at the Emperors Palace Convention Centre on Monday, 11 March 2013, Cape Thoroughbred Sales announced an exciting new Challenge Series for Graduates of its Cape Premier Yearling Sale Book 2 and the exciting new Trainers Challenge.

 

Three crops of qualifying yearlings from the 2013, 2014 and 2015 Cape Premier Yearling Sale Book 2 sales will be competing in three Three-year-old Challenge Series races for a total of R7.5 million in prize money. The first race, for graduates of the 2013 Cape Premier Yearling Sale Book 2, is to be contested over 1400m in Johannesburg during February 2015. Graduates of the 2014 Cape Premier Yearling Sale Book 2, will compete over 1400m in Cape Town in early February 2016, while graduates from the 2015 Book 2 Sale will be competing over 1400m in Durban during February 2017.

 

Each race will carry prize money totaling R2.5 million, with the winner earning R1.1 million and the runner up R500 000. The rest of the stake will then be divided between the next eight finishers, with the tenth placed horse earning R50 000.

 

A very exciting new incentive on offer will be the Trainers Challenge with the winning trainer being awarded a R1 million bonus. At the end of the 2013 Book 2 graduates 3 year old season, the trainer with the highest gross stakes earnings from a 2013 Book 2 Graduate will walk away with a bonus of R1 000 000. (After Tax).

 

Informal conversation around the room from trainers suggesting that they will possibly offer a share of this bonus to the owner of the horse, suggests all sorts of exciting new possibilities. The International Racehorse Magazine will regularly update standings through both the hard copy and electronic mediums.

 

Adrian Todd, Chief Operating Officer of Cape Thoroughbred Sales, explained the rationale behind the new CTS Challenge Series - “Cape Thoroughbred Sales is always striving to improve the market place for our buyers as well as for our vendors. We believe this Challenge Series is a great incentive for all buyers and vendors of our Book 2 sale”.

 

The Cape Premier Yearling Sale Book 2 is being held at the Durbanville Racecourse in Cape Town on the 23rd and 24th of March 2013.

 

 

 

 

 

 

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