ThoroughBid Midsummer Sale Set For July 22

The ThoroughBid Midsummer Sale has been scheduled for July 22, between the Galway and Goodwood festivals. Bidding will begin at 9 a.m. with lots finishing at two-minute intervals beginning at noon. The closing date for entries is 5 p.m. on Monday, July 11.

James Richardson, CEO of ThoroughBid, said, “It's been a very successful start to the year, with a healthy clearance rate of 50.5% and some big connections entrusting us with the sale of their horses, and we're hoping to continue the trend just before Glorious Goodwood and Galway get underway.

“Such is the flexibility of ThoroughBid, we can quickly offer the platform for a horse to be sold just days before a major racing festival, like Goodwood or Galway, and slot in sales where there traditionally hasn't been a space for them.”

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Grandero Bello Tops ThoroughBid Sale

Irish point-to-point winner Grandero Bello (Fr) (Great Pretender {Ire}) topped the ThoroughBid Christmas Sale on Sunday evening with a bid of £50,000 from Harty Racing. The 5-year-old gelding will join the Curragh-based Eddie and Patrick Harty's stable and will be eligible for ThoroughBid's Point2Rules bonus, which offers up to £15,000 in bonuses to any pointer sold through the platform that goes on to win first time under rules.

James Richardson, chief executive officer of ThoroughBid, said, “Each sale has been a bit different and this time we're particularly pleased to have sold some nice pointers. We announced the new Point2Rules bonus at the back end of November and that's certainly attracted some promising types. Again, the feedback from those bidding last night has been hugely positive and we're delighted to have closed out the year on a high.

“Having only kicked off with our first auction in September, we've now completed four and have a fifth slated for Jan. 16–the All-Weather Sale. Selling Belfast Banter was an obvious highlight for us, while having completed sales for a variety of top trainers, studs and point-to-point yards, we're really pleased with how things have begun.”

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ThoroughBid to Offer £30,000 All-Weather Challenge

The £30,000 All-Weather Challenge was announced by ThoroughBid on Wednesday. The new incentive applies to all horses sold in ThoroughBid's upcoming All-Weather Sale on Jan. 16, who will then have the opportunity to earn points across the UK and Ireland's six winter Flat tracks until Apr. 28th. A win is worth 10 points, a second is four points and there is one point offered for a third-place finish. At the end of the challenge, the horse on top of the leaderboard will earn connections a £20,000 bonus, with the runner-up getting £7,500 and the third-place horse gets £2,500.

James Richardson, Managing Director of ThoroughBid, said, “We're delighted to offer up another incentive-led sale on the back of our Point2Rules Bonus announcement last week, which has gone down really well in the Jumps community.

“We're confident that this challenge will be met with open arms as well, and as a team sponsor in the inaugural Racing League this year, we saw the importance of all-weather initiatives.

“It's going to be exciting to be able to follow the leaderboard early next year as new connections from the All-Weather Sale will be vying for a share of that £30,000.”

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ThoroughBid to Offer P2P Bonus

The Point2Rules Bonus was launched by ThoroughBid on Thursday. A new incentive for point-to-point graduates in the 2021/22 season, the bonus applies to 4-, 5-, and 6-year olds sold by the company with the first applicable sale the Dec. 19 Christmas Sale. If they win for their new connections in their first start under rules, they receive £5,000 and in addition, any graduate of a British point-to-point winning on their rules debut will qualify for an extra £10,000. To qualify for the bonus, horses must not have run in any race other than a British or Irish sanctioned point-to-point steeplechase or point-to-point bumpers and the subsequent win under rules, hunter chases excluded, must fall within 12 months of the date of the ThoroughBid sale in which the horse was sold.

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