News

Mustajeer share sells for $320,000

9th Oct 2019

A 25% share in Caulfield and Melbourne Cups prospect Mustajeer has sold to Richard Pegum for $320,000 through the Inglis Digital Online Sale platform.

Offered by Gaelic Bloodstock, Mustajeer - a last-start winner of the prestigious Ebor Handicap at York (pictured) - is currently rated $13 with TAB Fixed Odds for the Caulfield Cup and $18 for the Melbourne Cup.

The Kris Lees-trained stayer joins a number of high profile sales through the Inglis online platform in recent months including Manaya for $400,000 and Set Goals for $321,000.

Pegum said the opportunity to buy into a world-class stayer which is guaranteed a Caulfield Cup start in 10 days’ time was too good to refuse.

“To purchase an in-form horse for a big race this close to the race, it’s very exciting,’’ Pegum said.

“I’ve been able to buy many horses before but this is one of the most well credentialled imports I’ve ever bought.’’

Gaelic Bloodstock’s Phil Burns said: “Thanks to Inglis for getting the job done. The initiative, opportunity and professionalism involved in the entire process has been outstanding.

“It’s been a seamless process as a vendor and we’re absolutely delighted with the result.

“I’d like to wish the new owner all the best in this new investment. Mustajeer has provided us with so many amazing memories and I sincerely hope he can come out and win the two big Cups in Australia in coming weeks so they can enjoy the thrills we have enjoyed with him.’’

Inglis Digital Business Manager Nick Melmeth was thrilled with the outcome.

“This was new territory for thoroughbred sales in this part of the world, to be selling a quarter share in a genuine Caulfield and Melbourne Cups contender, in early October, online,’’ Melmeth said.

“The sale received significant international media coverage and I think that alerted a lot of people to it and as a result, there was widespread interest in the auction.

“Congratulations to Richard on the purchase and thank you to Phil Burns for entrusting Inglis Digital with the sale.

“We wish Richard and the existing connections all the best with Mustajeer in the Caulfield Cup and beyond.’’

The October (early) Inglis Digital Online Auction opens at 3pm this coming Friday, with the Final Countdown to begin at 3pm next Wednesday, October 16.

To register to bid, CLICK HERE.