DRESSAGE

Carl Hester Confirms He is Not Uthopia’s Buyer

uthopia

Screenshot via YouTube

 

Over the weekend, Carl Hester shared on his Facebook page that the mysterious bidder who ultimately won Uthopia at a public auction house was not affiliated with him or his investors, and the new owner of the stallion remains a mystery.

According to Horse & Hound, a British equestrian publication that’s been following the story, the auction house does not release the names of winning bidders as a policy, but did state that they “did not recognize the name” of the bidding war. Uthopia was sold for £165k, which is equal to approximately $241,065.00.

In late April we shared the distressing news that Carl Hester’s much-loved mount Uthopia, with whom Hester helped Great Britain win team dressage gold at the 2012 Olympics in London, would be sold at auction without reserve as a result of bankruptcy proceedings by the managers of the owners’ estates.

A wave of public support from all around the world flooded social media, with fans offering donations of money to help Hester purchase Uthopia. Carl stated on his Facebook page that they felt confident that they had secured the necessary funds to purchase Uthopia, and that no funds from the general public would be necessary.

The auction included everything from sports cars to designer aftershave, and numerous Rolex watches. Uthopia was one of the most expensive and drawn out bids of the day, with the full bidding process lasting nearly 15 minutes.

While fans are understandably disappointed, the high price assures a certain positive outcome for the horse, and when the stallion ultimately stands at stud, the outcome of his purchase will be more fully publicized. If we learn more, we’ll be sure to bring the news to you here.

Go Uthopia.

 

NEWS: Uthopia sold for £165k at Auction, Buyer Unknown

Carl_Hester_at_the_2012_Summer_Olympics

Carl Hester and Uthopia. Wikimedia Commons/Kim Ratcliffe/CC

According to British news outlet Horse & Hound, Carl Hester’s longtime Grand Prix Dressage mount Uthopia has been sold in a public auction for £165k, which is equal to approximately $241,065.00. As of publication, the buyer is still unknown.

In late April we shared the distressing news that Carl Hester’s much-loved mount Uthopia, with whom Hester helped Great Britain win team dressage gold at the 2012 Olympics in London, would be sold at auction without reserve as a result of bankruptcy proceedings by the managers of the owners’ estates.

A wave of public support from all around the world flooded social media, with fans offering donations of money to help Hester purchase Uthopia. Carl stated on his Facebook page that they felt confident that they had secured the necessary funds to purchase Uthopia, and that no funds from the general public would be necessary.

The bids for Uthopia were the longest bidding war of the auction so far, which has included everything from sports cars to designer aftershave, and numerous Rolex watches.

 


The Dressage editor at H&H had made an educational guess that based on what the stallion could garner in his lifetime in breeding fees, she estimated he would sell for about £228,479, or $333,807. Her guess was ultimately high, but not unreasonable.

The horse community is on pins and needles waiting to hear the identity of the buyer, and as soon as we know more, we will update this story, so please continue to check in on Horse Nation throughout the evening.

Go Uthopia.