$16m for a slow coach

It’s a horse. Its name is Green Monkey. It’s the most expensive thoroughbred sold at public auction. It has run in three races for three defeats and now he has been retired to stud in Florida. Total earnings to date $10,000. Only $15,990,000 to go to break even on the purchase price (feed and training fees additional).

So having decided against the more traditional ending for a horse with this sort of record and in an effort to recoup some of their investment, his owners are also offering guided tours of their stud with the opportunity to see “the world’s most expensive (and slowest) thoroughbred”. To be fair, Green Monkey did run a furlong in less than 10 seconds in the lead up to the sale. I’m told that is quick. He just hasn’t done anything like that since. The Guardian, which reported the news of his retirement, also says Green Monkey is a bit of a looker. Judge for yourself.

greenmonkey_060802_t.jpg 

But if you’re Green Monkey the news is not all bad. The 2008 breeding season is well underway so he doesn’t have any chance to earn his keep this season (and start that line of fast moving progeny). He does however get 12 months of swimming, eating and relaxing in the Florida sunshine before a series of one-night stands this time next year. Talk about the rewards of failure. 

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