Home / Business Focus
Fri, Mar 29, 2002 - Page 19 News List

Racehorse sales down as tycoons tighten their belts

Deteriorating economies in their home countries are expected to crimp the buying power of Asia's biggest spenders at Australia's premier horse sale next week. But some analysts say Europe and the US could make up for lost Asia sales

BLOOMBERG , SYDNEY

"While I expect the market to be subdued, the quality of the catalogue is so good, you might get some surprises as to who comes out of the woodwork to secure some of the wonderful pedigrees that are on offer," Arrowfield's Messara said.

The San Miguel/William Inglis Easter sale runs Tuesday through Thursday.

This story has been viewed 2690 times.
TOP top