Racing in Cape Town

Right now, the remainder of Racing that isn't Phumelela is held in trust for all the participants in the sport, or the business if you insist, of horse racing.

By participants we include racing's employees from gate keepers and grooms to managers and jockeys. We include punters, trainers, owners, gardeners and breeders. Includes valuable properties and a huge gambling machine, plus shares in TV broadcasts through to overseas interests, plus brand ownership, goodwill and events like the Met and July all included. It's even held in trust for Phumelela who are also participants.

It is unconscionable if this is sold in any way or form. It is impossible that nothing has been learnt from what has already happened. That's my opinion and I'm sure there must be others who agree. We can run it like a business, but if we turn it into a business then as soon as something more lucrative comes along, and it will, a business will sell it or will switch to it.

Thanks teanwild..yeah that helps..just a question.."what would the shareholders want in return?"

A return.

Maybe in the form of dividends?

In time yes, dividends ..... Www.tabcorp.com.au have a look and i think you will find that dividends and the success of horse racing are not mutually exclusive! Anyway off for now thanks for chat.

Hope all GC members going to attend the meeting at Kenilworth tomorrow 18h30.......question time !Let's see the turnout......

Just look at yesterday results

Klavervlei/jooste pretty much across the board. Play a game called spot the little guy.

that is the future of Cape Racing. Big Patron maybe patrons no small/er guys.

So before Jooste ever raced here no one said a word abt 'the big guys"....Shirtliff ,Plattner ,Fieldspring are still here today?.Wonderful to have Jooste horses racing here ,good for Cape racing and he deserves every win he gets.Plenty of races for the small guys to win as well......the 1st yday won by a small guy having his first winner.

Where are the foreign owners, the UK, Irish, Mauritius etc?I'm sure there were a few of them keeping horses in the Cape.

King of Pain ,champion 2 year old colt...Mauritian owned with a Zimbabwian......Cape Town Noir,British owned etc etc etc.....Most overseas racers are swallows....we see them nov to march.....then they are clever and leave the cold cape winter.....By the way,great GC WC members meeting tonight,well attended.

anyone with news about last night's meeting?

Are they getting there act together yet?