Home Estate Planning An £8.1m sale headlines London’s most exclusive thoroughbred auction

An £8.1m sale headlines London’s most exclusive thoroughbred auction

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The great and the good of global horse racing gathered in the grand surroundings of Kensington Palace Gardens yesterday for the Goffs London Sale, ahead of this week’s Royal Ascot meeting. 

The Goffs London Sale has in recent years become the most exclusive curtain raiser in town as well as one of the most prestigious sales of thoroughbreds in the world. 

And yesterday saw a bumper purchase price for Sparkling Plenty – which won the Group 1 Prix de Diane race just 24 hours beforehand. 

The 3-year-old eventually sold for an extraordinary £8.1m in a breathless auction overseen by Goffs’ chief executive Henry Beeby. 

Uniquely, the Goffs sale allows buyers to secure ownership of a number of thoroughbreds racing at Ascot over the succeeding days. 

Beeby, the group chief executive of Goffs, the auction house, told City A.M. that: “Ten years ago people in racing were talking about whether a thoroughbred auction in London could ever be possible. We’re all about innovation at Goffs so we picked up the idea and ran with it.

“Firstly, we identified that the best date would be the eve of Royal Ascot when all the major international racehorse buyers are gathered in central London. 

“We then set about finding a location, which turned out to be the iconic Orangery at Kensington Palace. When the Orangery closed for renovations in 2017, we moved across the walkway to Kensington Palace Gardens which is where we still are today.”

Other sales included £300,000 for Rock Hunter, which has an entry for today’s Norfolk Stakes, and £650,000 for a daughter of the well-loved flat race legend Kingman. 

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