LIVE

    Former Markus Jooste horse favourite for Queen's Plate

    2018-01-03 11:15

    Cape Town - Legal Eagle has been installed as the overwhelming favourite to land a hat-trick of L'Ormarins Queen's Plate victories at Kenilworth racecourse on Saturday.

    Leading SA bookmakers BET.co.za have the former Markus Jooste-owned dual SA Horse of the Year as 7/10 favourite, followed by Captain America and Gold Standard at 13/2.

    Legal Eagle will once again be ridden by star jockey Anton Marcus and has been drawn in stall No 2 in the 12-horse field.

    Legal Eagle was previously owned by Jooste, horse breeder and racing fanatic, who quit as Steinhoff International Holdings NV CEO late last year after the discovery of suspected financial wrongdoing.

    Shares in the global clothing and furniture retailer crashed 85% following the news, wiping a staggering €11bn (R176bn) from the value of the company.

    Subsequently, businessman and passionate racehorse owner Braam van Huyssteen bought Legal Eaglefrom Mayfair Speculators (Pty) Ltd for an undisclosed sum.

    Mayfair Speculators is the company which deals with Jooste's horseracing interests.

    Van Huyssteen is the founder and former owner of Tekkie Town which is a subsidiary of Steinhoff.

    The R1.5 million Grade 1 L’Ormarins Queen’s Plate over 1 600m at Kenilworth racecourse on Saturday, January 6 is due to start at 16:40.

    Read More On:  markus jooste horseracing

    What To Read Next

    Read News24’s Comments Policy

    Live Video Streaming
    Video Highlights
    Sport Talk

    THE DUGOUT

    “The 2018 Soccer World Cup has already gripped the imagination of the nation. And we’re not even finished the first round of group matches! ”
    There are new stories on the homepage. Click here to see them.