At a royal palace, Swiss billionaires, Qatari royals, and former footballers gathered to bid on racehorses for Royal Ascot. Over £7.5 million changed hands for 28 thoroughbreds, with 18 set to compete. The Goffs London Sale, an exclusive auction, offers access to one of the world’s most prestigious sporting events.
The top lot, Ghostwriter, sold for £2 million. Another horse, Woodshauna, went for £625,000. Buyers included football agent Kia Joorabchian and Danish entrepreneur John Christensen.
Horses from the sale have seen success at Ascot, though it's not guaranteed. The most expensive horse ever sold was Sparkling Plenty, for £5 million. The sale precedes Royal Ascot, where top horses compete for significant prizes.
While horseracing contributes to the British economy, it's a risky venture. Owning a racehorse is a luxury. The market faces global trade challenges, but the business is resilient.
5 Comments
Fernucha
People are always going to have different ways of spending their money. Good for these people; enjoy!
Coccinella
The market challenges are always worth keeping an eye on, nonetheless a fascinating industry.
Muchacho
It seems like a lot of fun! It's great to see these high-profile events bringing the business world and sport together.
ZmeeLove
Sounds exciting! I'd love to be a part of this, even just for one day.
Habibi
Investing in thoroughbreds is a long game with huge risks; a captivating story.