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Cups dream worth more than $3 million

BY Trent Masenhelder - @tmase04
1 year ago Horse Racing

Top three-year-old Gingernuts (Pic: Getty)

The opportunity to realise a dream of having a runner in the Caulfield and Melbourne Cups is the reason connections of dual Group 1 winner Gingernuts turned down a mega-bucks offer for the Kiwi cult horse.

According to part-owner Blair Alexander, the ‘G-Nuts’ crew recently rejected an offer of $3 million (gross) from Hong Kong.

“It’s a pretty big gamble, but a lot of us don’t have huge shares in the horse, so although it’s a big offer, it’s never going to be life-changing; the potential of having a runner in the Caulfield and Melbourne Cups could be,” Alexander told

“It was a case of heart over mind in some regards.

“We’ve rolled the dice and we’re going to have a crack.”

One of the most promising stayers in Australasia, Gingernuts was purchased by New Zealand’s biggest buyer, Te Akau Racing’s David Ellis, for $42,500 at Karaka’s Ready to Run Sale in 2015.

Ellis kept 30 per cent, with the remaining 70 per cent snapped up by Alexander, a friend of the Ellis family, who then brou...


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