Royal Ascot's Exclusive Prelude: Billionaires and Royals Bid Millions for Racehorses at Kensington Palace
Source: news.source.channelnewsasia
In an exclusive auction at Kensington Palace, Swiss billionaires, Qatari royals, and other high-profile individuals gathered to bid over 7.5 million pounds for 28 thoroughbred horses. The event, the Goffs London Sale, provides buyers the unique opportunity to own a horse competing at the prestigious Royal Ascot, where a 10 million pound prize pot awaits the winners.
Key Points
The Goffs London Sale took place at Kensington Palace, offering bidders a chance to buy horses that will compete at Royal Ascot.
Over 7.5 million pounds were spent on 28 thoroughbred horses, with 18 set to race at Royal Ascot for a share of a 10 million pound prize.
The auction, in its 11th year, allows anyone with a minimum 150,000 pound credit clearance to bid, highlighting the exclusivity and prestige of the event.
Participants include Swiss billionaires, Qatari royals, and former footballers, showcasing the diverse and high-profile nature of the attendees.
Henry Beeby, CEO of Goffs, emphasized the unique opportunity for buyers to go from bidding at Kensington Palace to having their horse at Royal Ascot in less than a day.
