A thousand everyday racing fans will own a small slice of a 2020 Everest contender after MiRunners purchased GPI Racing’s slot in the $15 million event.
MiRunners, which specialises in micro-ownership of horses, bought the slot for $880,000 and 1000 units can be bought for $880 each, either by an individual or a group.
MiRunners chief executive Steve Brown said his business simply wanted to make Australian racing’s biggest prize affordable to be a part of.
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“We were established because we wanted to make the top end of sport available to everyone rather than it just being the Sport Of Kings,’’ Brown said. “The Everest has been a revelation for the industry in terms of the level of excitement and engagement it brings to the sport.”
Known as MiEverest, each unit holder will be entitled to their pro rata share of the prizemoney in the $15 million race, which will be run at Royal Randwick in October, and MiRunners aren’t taking any of the prizemoney earned.
Their horse will be chosen by a panel including form expert Daniel O’Sullivan, Sky Racing’s Lizzie Jelfs, former Australian cricketer and racehorse owner Mark Waugh and former jockey Tye Angland.
Angland rode Trapeze Artist into second place behind Redzel in the 2018 Everest and said it would be a difficult choice for him and his panel to make.
“It’s going to be a big discussion of where we’re going to go,” he said. “We’re not going to jump into it straight away. We’ll wait to see them come back and trial and return to racing. We could go with an early three-year-old or an older horse.”
Angland conceded that, so far, Nature Strip was the horse “everyone wanted” but he’s already got the TAB’s slot and is the $4 favourite for the race behind a host of runners between the $8 and $15 mark.
Angland was looking forward to working with a panel which consists of racing people from different backgrounds.
“Lizzie’s a great judge and it’s going to be a bit of fun trying to choose the right horse and there will be a lot of names popping up everywhere,” he said.
“We had Redzel win it twice then had Yes Yes Yes come through the Golden Rose to come and take on the older horses, so I think it’s just a very open sprint race. It (MiEverest) gives the everyday punter an opportunity to be part of the richest race in the world.”
Pre-registration for slot units has opened via mieverest.com.au.
Meanwhile, the owners of Masked Crusader knocked back a $3 million offer to buy the colt.
And considering the owners might be able to get him to a $15 million The Everest then $7.5 million Golden Eagle in consecutive runs this spring it’s not surprising they knocked it back, despite the huge money involved.