Cape Thoroughbred Sales
Cape Thoroughbred Sales (Pty) Ltd is an independent, commercial, sales company, uniquely devised to be dedicated to the growth of the sport of horseracing and the thoroughbred breeding industry through the development of the bloodstock MARKET, and using its strengths to become innovative, visionary, and global. Company Philosophy: Net Profit to be distributed for the betterment of the sport of horse racing and breeding industry. A reputable firm of attorneys holds the shares of the company and there is no personal ownership of the company. To use the MARKET to improve the economic health of the breeders. To arrange financing of payment to Vendors at 30 days after sale. To hold Innovative commercial sales auctions. To build a globally recognised brand. Longer Term Outlook: CTS will aim to centralise bloodstock auctions in the Western Cape. To this end, consideration will have to be given by the Directors to the building of a purpose built, functional Sales Complex in the right location. The ownership of this complex will secure the long term future of CTS and the economic health of the market.
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