Everest Slot Up for Grabs

Media Release - Thursday March 4

A rare opportunity to participate in the world’s richest race on turf has arisen, with a slot in The Everest up for sale.

Greg Ingham’s GPI Racing is offering the slot, which a buyer can acquire for up to three years.

Inglis will manage the sale process, which will involve interested parties submitting bids during an expressions of interest period.

The window for submission is now open and will remain so until April 15th at 5pm.

The new slot owner will act as ‘Slot Licensee’ and hold all pre and post-race rights to the slot from the time of purchase until the end of the contracted period, be that one, two or three years.

Classique Legend wins the Everest.

“The Everest is the most incredible concept and we are delighted to be a part of it,” GPI Racing’s Greg Ingham said.

“Mr Bon Ho participated in the race in 2019 on the GPI slot with Classique Legend (pictured) and while it didn’t work out on that occasion, it certainly whetted his appetite and he came back and won it in 2020, so we are excited by the prospect of another party taking up the use of our slot, possibly even for each of the next 3 years.


“The prizemoney pool was $15m in 2020 and the race is only going to get better and better and with a bit of luck, it will be back to being a full house at Randwick for the 2021 edition later in the year.’’

The Everest has rapidly become arguably the highest profile race in the world – and it is only four years old.

Not only is it a phenomenal marketing tool for slot holders but from a race field quality perspective, it continually falls among the highest-rated races globally each year.

The inaugural victor Redzel – who won consecutive Everests – retired with more than $16m in prizemoney banked, the 2019 winner Yes Yes Yes now stands as a stallion at Coolmore in the Hunter Valley and last year’s quinella of Classique Legend and Bivouac were recently rated the equal world’s best sprinters on the Longines World’s Best Racehorse ratings.

All expressions of interest in the GPI slot are to be made in writing to Inglis’ General Manager of Bloodstock Sales and Marketing Sebastian Hutch at sebastian.hutch@inglis.com.au.

The Everest prizemoney is $15m this year and has the potential to increase in further years, as it has done throughout its four renewals to date.

Everest slots have been sold in the past with great success – Hong Kong businessman Bon Ho last year purchased a slot for three years off the Australian Turf Club and won the race with his champion sprinter Classique Legend.

Ingham has sold his slot before – to Carmel Size and Bon Ho in 2019 – while the ATC also sold their slot in 2019 to the Melbourne Racing Club, whose runner Trekking finished third that year.

Sub notes:

*The vendor reserves the right to accept any offer prior to the cessation of the expressions of interest period

*The successful bidder will be invoiced at the cessation of the expressions of interest period, or prior if agreed with he vendor in writing. Payment is due within 14 days of that time

*Prizemoney payout post-race will be at the timing discretion of Racing NSW

*All bids are subject to any restrictions or exclusivity arrangements as prescribed by Racing NSW

*Any enquiries to be forwarded to Sebastian Hutch on sebastian.hutch@inglis.com.au or 0423 770 854.



More Reading...
War Decree Fee Unchanged
Inglewood Stud’s young stallion War Decree, a son of War Front, will stand the 2021 season at an unchanged fee of $4,500+GST.
Baker Swoops on $145,000 Almanzor Colt
Mark Baker has had plenty of success pinhooking out of New Zealand Bloodstock’s May Sale, and he believes he has found another promising youngster at Karaka on Friday.
Ad Valorem's Laure Me In Captures Scone Cup
The six-year-year-old Ad Valorem (USA) gelding Laure Me In completed a good day for trainer David Pfieffer and jockey Rachel King when he powered home from near the tail of the field to win the Listed Darley Scone Cup.
Who Were Australia’s Busiest Sires in 2020?
The Australian Studbook have today released updated statistics on the busiest sires in Australia in 2020 and despite the prevailing doom and gloom that cast a pall over last spring due to the worldwide pandemic and ensuing economic uncertainty, some 28 stallions still covered books of 150 or more mares, which was two more than in 2019.
Past Week's 2YO Trial Results
Plenty of interesting two year-old trials around the country in the past week so here are all the placegetters with their breeding and sale information.
Australian Royal Family Produces TDN Rising Star
John Camilleri’s Fairway Thoroughbreds have bred their share of great horses ranging from Golden Slipper winner Vancouver to world champion racehorse Winx and now they have bred a TDN Rising Star in North America with an impressive Belmont victory for exciting three year-old filly In Italian.
Capitalist Earns his Fee Increase
Newgate Farm’s Golden Slipper winning sire Capitalist has achieved great things so far this season and a Group I winner last Saturday in Captivant put the icing on the cake to justify a fee increase from $44,000 to $99,000.
Flying Artie Colt Wins $200,000 Inglis Scone 2YOChallenge
The Newgate Farm young gun sires have been a fixture winning feature juvenile races this season and kept the golden run going at Scone on Friday when David Pfeiffer and the Darby Racing owners captured the $200,000 Inglis 2YO Challenge (1200m) with Flying Artie colt Artero.
November Foals Kick Goals – Have You Bought One This Year?
If I heard it once last week at Inglis Easter, I’ve heard it a thousand times at sales over the years - ‘Ladies and gentlemen, he’s a November foal, all he’s going to do is improve’, so what does it mean and why bother to announce it? Statistics would suggest it’s a positive for the purchaser.
Capitalist Winner for Snowden Family
The winners keep coming for Newgate Farm’s Golden Slipper winning sire Capitalist, who posted his 13th winner at Pakenham on Thursday evening.