German Olympic Equestrian Association buys majority share in La Biosthetique Sam

Michael Jung and La Biosthetique Sam
Michael Jung and La Biosthetique Sam

Michael Jung has a reason to look happy. After months of uncertainty surrounding the potential sale of his WEG champion La Biosthetique Sam, Sabine Kreuter has sold a 47% majority share to the German Olympic Equestrian Association and Michael will keep the ride. The Jungs will keep their 40 percent stake and Eric Single now owns 13%.

La Biosthetique Sam, an 11-year-old W├╝rttemberg gelding was valued 766,666.66 Euro, or about $1 million.

Let’s hope that other ownership disputes have such a happy ending.

 

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