Overview

• Ghostwriter fetched the top price of £2 million when sold to Kia Joorabchian’s Amo Racing and is slated to run in Saturday’s Group 2 Hardwicke Stakes.
• Exclusive bidding in the gardens of Kensington Palace required a minimum £150,000 credit clearance and drew participants such as Qatari royals and Swiss billionaires.
• Now in its 11th year, the sale has produced Royal Ascot winners before, most recently Oxted in 2021, although past success does not guarantee a win.
• Goffs is contending with global trade headwinds and US tariffs after handling around €10 million worth of American horse sales last year.
• The horseracing sector contributes £4.1 billion annually to Britain’s economy and the auction serves as a luxury entry point to high-stakes racing.