A colt by leading Victorian based sire Bel Esprit topped today’s fifth session of the Magic Millions Gold Coast Yearling Sale.
The colt, presented by Eliza Park as lot 670, attracted plenty of bids from around the complex before the hammer fell at $225,000.
Rick Hore-Lacy, who has trained star Magic Millions graduates including Dash for Cash and Toorak Toff, was the successful buyer and the colt will head to his Caulfield stable.
All up today almost $7 million was traded for 176 lots sold at a healthy average price of almost $40,000. The clearance rate rose thoughout the day at by the last lot had reached 78 per cent.
A large crowd was on hand for the session which saw yearlings sold to buyers from most Australian states as well as overseas locations such as Macau, Malaysia, Hong Kong, New Zealand, Korea, Ireland and Japan.
“It’s been a solid day’s selling,” Magic Millions Managing Director Vin Cox said.
“Like was the case with the first four sessions it is great to see the clearance rate strong.”
“The quality lots attracted strong interested with canny buyers chasing their next racetrack star,” Cox added.
The 2012 Magic Millions Gold Coast Yearling Sale will conclude on Tuesday with the sixth session of the sale to be followed by a popular racehorse sale.
To view the online results from today’s session click here.
SESSION FIVE TOP SELLERS
$225,000 – Bel Esprit-Jazeera colt
Vendor: Eliza Park (As Agent) / Buyer: Rick Hore-Lacy (Vic)
$210,000 – Oratorio (IRE)-Madame Grange filly
Darlington Stud / Rowen Craigie (Vic)
$130,000 – Redoute’s Choice-Street’em Sheila filly
Twin Palms Stud / Magic Millions as agent (Vic)
$120,000 – Snippetson-Seduction Line colt
Raheen Stud / Steve Brem (NSW)
$105,000 – Oratorio (IRE)-Tres Rapide colt
Raheen Stud (As Agent) / Premier Park T’breds (NSW)
$100,000 – Street Sense-Shantung colt
Bowness Stud / Heran Racing Pty Ltd (Qld)
(2011 statistcs in brackets)
Lots Catalogued: 247 (216)
Sale Gross: $6,967,500 ($7,358,000)
Average Price: $39,588 ($46,866)
Median Price: $32,250 ($27,500)
Top Price: $225,000 ($210,000)
Lots Sold: 176 (157)
Lots Withdrawn: 20 (14)
Lots Passed In: 51 (45)
Sold %: 78 (76)