SMART CALL (SAF) Rated 121 Photo: Liesl King Promoting SOUTH AFRICAN BLOODSTOCK to the world! www.racingsouthafrica.co.za
International SUCCESS... Promoting SOUTH AFRICAN BLOODSTOCK to the world 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 Singapore 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 Flax - Purchased: US$28 750 Earnings: US$1 032 800 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! Vercingetorix - Purchased: US$132 000 Earnings: US$1 420 000 HORSE OF FORTUNE - Purchased: US$11 078 Earnings: US$1 005 000 JJ THE JET PLANE - Purchased: US$8 550 Earnings: US$2 280 700 Forries Waltz - Purchased: US$6 590 Earnings: US$199 161 Cerise Cherry - Purchased: US$29 450 Earnings: US$1 336 300 Soft Falling Rain - Purchased: US$43 750 Earnings: US$1 200 000
Trippi (USA) Summerhill Stud Sean Tarry It s a story of PERFORMANCE... 2015/2016 Season by Total Stakes Earned (South Africa only) TOP 10 TRAINERS SG Tarry JS Snaith MW Bass MF de Kock MC Azzie GH van Zyl GR Puller DR Drier J Ramsden V Marshall TOP 10 BREEDERS Summerhill Stud Klawervlei Stud Lammerskraal Stud Maine Chance Farms Highlands Farm Wilgerbosdrift Stud Mauritzfontein Stud Scott Bros Drakenstein Stud Varsfontein Statistics courtesy of the National Horseracing Authority - www.nhra.co.za TOP 10 SIRES TOP SAF BRED HORSES BY EARNINGS Trippi (USA) Silvano (GER) Captain Al (SAF) Dynasty (SAF) Kahal (GB)* Western Winter (USA) * Var (USA) Judpot (USA) Jet Master (SAF) * Greys Inn (USA) *deceased Name Purchase Career Price US$ Earnings US$ 1 Jay Peg 16 150 4 275 000 2 Lizard s Desire 3 810 500 3 JJ The Jet Plane 8 550 2 280 700 4 Victory Moon 24 700 2 280 000 5 The Apache 8 000 2 072 700 6 River Jetez 2 020 700 7 Variety Club 40 000 1 905 600 8 Pocket Power 22 800 1 524 800 9 Oracle West 33 250 1 520 000 10 Irridescence 19 950 1 425 000 11 Vercingetorix 132 000 1 420 000 12 Ato 106 250 1 411 600 13 Shea Shea 51 000 1 400 000 14 Cerise Cherry 29 450 1 336 300 15 Soft Falling Rain 43 750 1 200 000 16 Imbongi 1 046 100 17 Flax 28 750 1 032 800 It s a story of VALUE... 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! 2016 INTERNATIONAL YEARLING PRICES BY COUNTRY exchange rate as at 1 December 2016 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 74% of Gr.1 winners in South Africa (2015/2016 season) were sold at auction! 2017 MAJOR SALES DATES 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 www.tba.co.za www.capethoroughbredsales.co.za
Premier RACING EVENTS... Questions for PROSPECTIVE INVESTORS... 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 *Dates subject to change - refer to www.goldcircle.co.za or www.phumelela.com 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: info@racingassociation.co.za Web: www.racingassociation.co.za Gold Circle Racing (Pty) Ltd Melinne Nathram Racing Liaison & Members Officer PO Box 924, Durban 4000 Email: melinnen@goldcircle.co.za Email: info@goldcircle.co.za Website: 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: info@racingsouthafrica.co.za Visit www.racingsouthafrica.co.za for more information
FORRIES WALTZ (SAF) winning Gr.2 Al Rashidiya Stakes 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 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: info@racingsouthafrica.co.za l www.racingsouthafrica.co.za 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