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Over $140m expected from Mixed Sale at Caymanas Park

Published:Wednesday | November 17, 2021 | 12:08 AMRobert Bailey/Gleaner Writer
CATABA (right) on the rails, ridden by Andre Powell, wins the sixth race of three-year-olds and Up Restricted Allowance Stakes over five furlongs straight at Caymanas Park on Monday.
Anthony Minott
CATABA (right) on the rails, ridden by Andre Powell, wins the sixth race of three-year-olds and Up Restricted Allowance Stakes over five furlongs straight at Caymanas Park on Monday.

ROSHANE DOUSE, chief executive officer of the Thoroughbred Owners and Breeders’ Association (TOBA), said they are anticipating horses to fetch over $140 million at next Wednesday’s Mixed Sale, an increase of over 100 per cent, at the yearly event which will be held at the Caymanas Park’s main car park.

This year’s mixed sale, which includes two-year-old horses, has replaced the customary Yearling Sale.

Douse told The Gleaner that 116 horses are entered for this year’s sale, compared to 58 last year. He also pointed out that he is expecting over $140 million in sales, compared to $68 million in 2020.

“The last time we introduced the two-year-olds was back in 1998, and so we decided to introduce it again; and we are trying to introduce a lot more to the market this time. We are expecting a lot of the horses to be sold this year,” said Douse.

“We have some good breed horses this year as we do every year, but the prices are going to be determined at market. So, you know, you might have a particular price for a horse and on the day it is well below that,” said Douse.

“The fact that we have introduced the two-year-olds to the sale means that you can purchase a horse this month and race him in December, so your return on investment can be pretty soon,” Douse pointed out.

The event will be streamed live on a virtual platform for prospective buyers who are unable to attend. Douse said a lot of small, individual breeders have entered their horses in the sale, joining the top breeders across the country.

“We have some good-looking horses this year, and I am expecting to have at least an average sale price of about $1.3 million. There will be about a 20 per cent increase on last year’s average price,” he said.

“The feedback this year is tremendous, because we have introduced live-streaming for the sale; and so wherever you are in the world, you can be a part of it,” Douse shared. “If you are overseas and you want to make a bid in the sale, you just have to indicate and access will be granted to you.”