The rest are expected to be sold at an unreserved auction at the Magic Millions auction house on the Gold Coast, which is owned by Harvey. "We were told that the time has come and that Gerry Harvey will be selling us up because he can’t hold on any longer," a staff member said.
Patinack Farm: Staff have been told Gerry Harvey will be selling up. "There’s no doubt we all knew it was coming for a long time, but it’s still a shock to be facing unemployment.
Magic Millions managing director Vin Cox confirmed on Thursday morning the sale of the Patinack stock. "We haven’t set a date yet, but it will be around the time of our two-year-old sale [September 30]," he said. "It is my understanding that Nathan is getting out of racing business.
Read more here: SMH