Hemal Ashar hemal@ mid- day. com A RECORD was created on Tuesday evening at the Royal Western India Turf Club ( RWITC) Mahalaxmi auction sale 2020, which is a sale of twoyear- old bloodstock, when a horse was sold for R 41.5 lakh. The buyer was Mumbaiu2019s Champak Zaveri.
Champagne popped in the paddock and there was applause all around as history was created and a new benchmark was set.
Zavaray Poonawalla chairman RWITC said, u201c This is a record through the nearly 80- year- old history of auction sales. A horse has never gone at this high a price. We also had horses going for R 30 lakh and R 32 lakh, which are very, very high prices in this auction.u201d The horse bought by Champakbhai, as he is known at the race course, is full brother to Giant Star, trained by Malesh Narredu.
Former RWITC chairman Vivek Jain tweeted, u201c My true and one of the few loyal friends and a former colleague at the RWITC Champakbhai, created a record by purchasing a full brother to my Giant Star under the hammer at an all- time record price at Tuesdayu2019s auction. I will always admire him for his guts, passion and sincerity.u201d The auction in Mumbai was u2018 revivedu2019 in 2018 after 20 years. It had moved out from Mumbai to Pune for two decades, because of paucity of space but it has galloped back andbrought the greenbacks with it.
Champakbhai Zaveri ( extreme right) at the annual auction on Monday. He bought the horse for a record price on Tuesday evening. PIC/ ASH ISH RAJE Record set at Mahalaxmi horse auction Mumbaiu2019s Champak Zaveri buys horse for R 41.5 lakh; big bid makes history and sets new benchmark
