Brightwells Sales Plan BRIGHTWELLS UNVEIL EXCITING PLANS FOR CHELTENHAM SALE RING Auctioneers Brightwells today unveiled plans for a #1-million state-of-the-art sale ring at Cheltenham Racecourse. Work has started on site and the exciting new sale ring will be completed early next year. Brightwells have sole selling rights at Cheltenham Racecourse for the next 25 years and will finance the sale ring which will adjoin the stable block end of the main grandstand opposite The Centaur building. The pavilion-type auction ring, which will also be used as a public facility at Cheltenham's race meetings, has been designed by acclaimed architects Limbrick Limited, whose work for Jockey Club Racecourses includes The Centaur and the new Grandstand at Epsom Downs under construction. Terry Court, Joint Managing Director of Brightwells, said today: "The new auction ring demonstrates our commitment to make Cheltenham Racecourse one of the country's top sales venues and follows our initial #200,000 investment. This included the new Ecotrack surface that has been so well received by the industry. "We are all extremely excited by this fantastic opportunity and most grateful to the Executive of Cheltenham Racecourse for their confidence in choosing us as partners." Brightwells will hold one further sale this year in The Centaur at Cheltenham, the Premier National Hunt Breeze Up Sale on Friday, December 12. The sales calendar will expand from next year when the new sale ring is completed. Brightwells' sales at Cheltenham have achieved great success by focusing on high quality bloodstock, thus producing excellent returns for vendors and an exceptionally high percentage of winners for new owners. The 2008 April Sale saw a world record average price for National Hunt horses of #52,014, with turnover in excess of #3.5m.
