Thoroughbred Marketing: An Eye on the Industry: Stakes Winners and Owners

Wednesday, April 26, 2006

Stakes Winners and Owners

Fiona Carruthers has penned an interesting article titled Aussie racing a high-stakes gamble that looks (generally) at the Australian bloodstock industry and (more specifically) the success of three of the bigger players: Bob Ingham, Gerry Harvey and John Messara.

"You would expect them to be breaking out the Dom Perignon or better. After years of playing the mug's game three long-time racing tragedies – chicken-king Bob Ingham, retailer extraordinaire Gerry Harvey, and fast-moving 1980s stockbroker-turned-horse-breeder John Messara – have broken clear of the pack.

It was expensive but it paid off. Between them they now boast the biggest studs, the best stallions and the most broodmares – and have acquired the odd bloodstock sale.

"When all my foals are born after August 1 this year, I'll probably have 1000 horses," Mr Harvey says. "I haven't got a plan. I've grown so much in the past five years, I have to decide if I want to grow any more."

Pundits estimate that the studs run by Mr Ingham, Mr Harvey, and Mr Messara – along with the two powerful multinational studs, Irish-owned Coolmore and Dubai-funded Darley – have tied up more than 60 per cent of Australia's breeding business, worth a total of A$240 million (NZ$282 million) a year."

Full article at following URL.

Posted by: AthloneAssociates at 9:59 PM | Permalink

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Katrina Partridge from Athlone & Associates authors this weblog

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