Sheikh Mohammed became the most active buyer of horses at auction in England

Sheikh Mohammed bin Rashid Al Maktoum, UAE vice president and prime minister, ruler of Dubai, who owns the largest number of racehorses, spent 500,000 guineas (US $ 845,250) on the purchase of a thoroughbred racehorse from champion Shamardal stallion , champion of the European horse racing of 2004.

This purchase was the third most expensive ever made at the Tattersalls Craven Breeze Up Sale, a two-day auction, acquiring a horse that is already ready to take part in the races.

Sheikh Mohammed also purchased at this auction a young mare born from a Shamardal stallion, the price of which amounted to 160 thousand guineas (US $ 270,400), and a foal from a Hard Spun stallion for 80 thousand guineas (US $ 135 200), which became the winner of the Kentucky Derby race in 2007.

Recall that the auction at the largest European auction Tattersalls, where purebred horses are sold, is still conducted in guineas - English gold coins that were in circulation from 1663 to 1813. To date, the cost of one guinea is 1 pound and 5 pence, or 1.69 US dollars.

According to Jimmy George, Tattersalls auction marketing director, bidding this year has been very lively. Buyers from Hong Kong and GCC countries took an active part in them. Total sales amounted to 8.6 million guineas (US $ 14.5 million), which is 7.4% more than last year. "The increase in revenue from sales was made possible thanks to the participation of buyers from those parts of the world who were either not very affected by the crisis or have already begun to recover," George said. "But it would be wrong to assume that today everything is going according to oil because there is still economic uncertainty and instability in Europe. "

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