Inglis to Manage GPI Racing Everest Slot Sale

A rare opportunity to participate in the world’s richest race on turf ($15 million in 2021) has arisen, with a slot in The Everest up for sale. According to inglis.com.au, Greg Ingham’s GPI Racing is offering the slot, which a buyer can acquire for up to three years. Inglis will manage the sale process, which will involve interested parties submitting bids during an expressions of interest period. The window for submission is now open and will remain so until April 15 at 5pm. The new slot owner will act as ‘Slot Licensee’ and hold all pre and post-race rights to the slot from the time of purchase until the end of the contracted period, be that one, two or three years. All expressions of interest in the GPI slot are to be made in writing to Inglis’ General Manager of Bloodstock Sales and Marketing Sebastian Hutch at [email protected]. Sub-notes:

• The vendor reserves the right to accept any offer prior to the cessation of the expressions of interest period
• The successful bidder will be invoiced at the cessation of the expressions of interest period, or prior if agreed with the vendor in writing. Payment is due within 14 days of that time
• Prizemoney payout post-race will be at the timing discretion of Racing NSW
• All bids are subject to any restrictions or exclusivity arrangements as prescribed by Racing NSW