Former Steinhoff International Chief Executive Markus Jooste Dies At 63

Former Steinhoff International Chief Executive Markus Jooste has died at the age of 63, the Financial Times reported on Thursday. Jooste, who was at one point heavily involved on the worldwide racing scene through his Mayfair Speculators, died of an apparent self-inflicted gunshot wound, the FT reported.

He was fined R475 million (£19,937,078/€23,234,382/$25,229,382) for accounting fraud–due on or before Apr. 19–by South Africa's Financial Sector Conduct Authority (FSCA) on Wednesday, Reuters reported. The regulator found that Jooste had published “false or misleading financial statements” following an investigation into the matter. Jooste was also ordered to pay R10 million to reimburse the FSCA for their expenses incurred during their investigation into Steinhoff.

Originally, Jooste resigned from his Steinoff role in December of 2017, following an investigation by the retail holding company into accounting irregularities. The company lost the majority of its value following his departure. However, in 2023 Steinhoff did start a debt restructuring plan to avoid bankruptcy, among other initiatives.

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Ross Fuller Appointed Stud Manager Of Maine Chance Farms

Ross Fuller has been appointed the new stud manager at Main Chance Farms in South Africa, the stud announced on Wednesday. The Sporting Post first reported the new appointment.

Previously a team member at prestigious farms Wilgerbosdrift, Drakenstein and Ridgemont, Fuller returns to South Africa after stints in Australia and England.

“While our horses are the proud flagships of our brand, we pride ourselves on quality and professionalism of the highest order and our people are an integral factor in our success,” Maine Chance's Dr. Andreas Jacobs told the publication. “We thus have great pleasure in welcoming Ross Fuller, a leader in his profession, and a man who will be well known to many in the South African breeding fraternity.

“Ross Fuller has demonstrated that he shares our ethics and a love of the thoroughbred racehorse. He will be part of a dynamic team that includes passionate horsewomen in Hundra Prins and Danni Kuttel, horsemen Tom Quata and Jackson Nkomphela, and a loyal staff complement that we are justly proud of.”

The operation has been champion breeder in South Africa multiple times, and is the breeder of record of reigning Equus Horse of the Year Princess Calla (SAf) (Flower Alley), who is making a Breeders' Cup bid later this year.

Fuller added, “After spending a number of years abroad, I look forward to the opportunity of returning and working with an industry leader in Maine Chance.”

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South African Heavy Hitters Arrive In New York With Breeders’ Cup Goal

A plane carrying 11 South African Thoroughbreds, among them current Equus Horse of the Year Princess Calla (SAf) (Flower Alley) and Breeders' Cup qualifier Beach Bomb (SAf) (Lancaster Bomber), touched down at New York's JFK Airport on Thursday, the Sporting Post reported. November's Breeders' Cup World Thoroughbred Championships at Del Mar are on the radar for several of the new arrivals, who will now spend two months in quarantine.

The first direct export flight from South Africa since 2003, the plan was chartered after champion owner/breederGaynor Rupert of Drakenstein Stud, her racing manager Kevin Sommerville, Robin Bruss of Northfields Bloodstock, Team Valor International's Barry Irwin, CTB Forwarding Pty., Ltd's Gerard Connolly and Mersant International New York joined forces to facilitate the trip. Originating in Johannesburg, the plane made a refueling stop in Barbados prior to touching down in the Empire State.

Rupert's homebred MG1SW Beach Bomb, already successful in the G1 Cartier Paddock S., a “Win And You're In” for the GI Breeders' Cup Filly & Mare Turf, anchors the Drakenstein quintet. Grade 3 winner Golden Hostess (SAf) (Gold Standard {SAf), also MG1SP, as well as GSW & G1SP Distant Winter (SAf) (What A Winter {SAf}), Hunting Trip (SAf) (Trippi) and GSP Coldhardstare (SAf) (What A Winter {SAf}) complete the fivesome.

Irwin, who experienced great success with South African exports previously and had chartered the final flight in 2003 with Bruss, sent a trio–Equus Champion 3-Year-Old Filly Bless My Stars (SAf) (Gimmethegreenlight {Aus}) who is also bound for the Filly & Mare Turf; GSW & G1SP Feather Boa (SAf) (Flower Alley); and former smart juvenile Eqyptian Mau (SAf) (Fire Away), a Grade 3 winner and Grade 1-placed at two.

Irwin told Sporting Post, “It has been meaningful to get this over the line since it is 20 years+ since the last time Robin and I did it. I hope that the results are just as successful.  It would have been nice if the enterprise received a bit more support from key players. But as the old saying goes, TISAB !This is South Africa, baby!”

Other owners were encouraged by the group to participate, with trainer Sean Tarry and owner Mario Ferreira sending the aforementioned five-time Grade 1 winner Princess Calla. She has a pair of Breeders' Cup options–either the GI Filly & Mare Sprint or the GI Mile versus males.

Tarry said on his website, “There is a lot of planning still to do. It wasn't a last minute decision, but I don't think there is a firm plan. She certainly has the option to race still. She took her run on Saturday very well [third in the G1 Wilgerbosdrift H F Oppenheimer Horse Chestnut S.] and she's sound. In terms of breeding I am sure the world will be her oyster.”

Hollywood Syndicate's 2023 Equus Champion Sprinter and MG1SW Isivunguvungu (SAf) (What A Winter {SAf}) was also on board. The 5-year-old gelding will target the GI Breeders' Cup Turf Sprint. Completing the 11 visitors is Ridgemont Stud's MG1SW Make It Snappy (SAf) (Dynasty {SAf}), heroine of the G1 Cape Fillies Guineas and G1 Paddock S.

Breeders Cup's Josh Christian told the publication, “We are thrilled that the South African horses have arrived in New York on their way to the Breeders Cup World Championships! None of this would be possible without the help and support of Gaynor Rupert, Barry Irwin, Kevin Sommerville, Robin Bruss and Gerard Connolly.  We are looking forward to seeing them at Del Mar in November and having the best from South Africa, Asia, Europe and the America's will make the Breeders Cup a true world championship.”

Northfields Bloodstock's Robin Bruss, “The USA export route allows South African horses to compete almost up to flight date as Horse of the Year Princess Calla did on Saturday and was in New York four days later. The difference lies between the EU stance of pre-travel quarantine and USA's post arrival quarantine. South Africa is the 8th largest racing country in the world and established great success in the first decade of the 2000s winning Gr.1 races on four continents. Exports have been severely constrained for the past 10 years whilst waiting for difficulties in the pre-travel quarantine system to be resolved.  We are the sleeper in world racing, and we want to be back on the stage, win lose or draw. I pay tribute to Gaynor Rupert and Barry Irwin for their willingness to go the extra mile and make things happen and give thanks to the supporters of this venture including Breeders Cup, Ltd.”

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Nine Race Days Added to 2024 World Pool Calendar

Nine new race days have been added to the World Pool calendar in the first six months of 2024, including the Newmarket fixture on Sunday, May 5 which features the G1 QIPCO 1,000 Guineas. One other race on the card will be included during a bumper weekend of action on the Rowley Mile, following on from the entire G1 QIPCO 2,000 Guineas card on Saturday, May 4 which has been a World Pool event since 2022.

The other additions to the schedule include the G1 Tattersalls Irish 1,000 Guineas and G1 Tattersalls Gold Cup, both run at the Curragh on Sunday, May 26, plus five new fixtures from Australia–starting with G1 Blue Diamond Stakes Day at Caulfield on Saturday, February 24–and two from South Africa.

The World Pool, the largest globally commingled horse racing pools, was created and is powered by the Hong Kong Jockey Club (HKJC). In total, there will be 21 World Pool fixtures in the first half of 2024, with bettors from 28 countries able to bet into the same pools on those given days.

Michael Fitzsimons, executive director, Wagering Products, at the Hong Kong Jockey Club, said, “We're excited to be continuing the expansion of World Pool in 2024 by adding new race days from Australia, South Africa, the UK and Ireland to our growing list of fixtures.

“We want World Pool to be in action for the biggest races throughout the year, so it's fantastic to add two more historic Classics to our roster in 2024, with the English 1,000 Guineas and Irish 1,000 Guineas joining the Epsom Derby, Irish Derby and English 2,000 Guineas as World Pool race days.”

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