Falvelon Colt Tops Second Day As Qtis Sale Concludes

A colt by Falvelon has topped Session Two of the 2011 Magic Millions QTIS 600 Yearling Sale after making $110,000 to the bid of leading Queensland trainer Pat Duff.

Lot 518 Falvelon x Untold colt

Pat Duff commented “This (Lot 518) is a standout colt, a typical Raheen Stud type horse – tough, strong and sound – we believe he will train on and improve.”

“Our top galloper Hard To Catch was reared from this stud and he won over a million dollars for us – we will target the $2 million Magic Millions 2YO Classic with this colt.”

The Deagon based trainer has bought 7 yearling’s over the sale (Total Spend $367,000) including a full-sister to Jet Star Girl (Lot 80) who has won over $150,000 in QTIS added stakes and bonuses. In 2010, Duff bought galloper Steel Zip, last start stakes-winner, for $13,000, this horse has returned over $170,000 in seven race starts.

“Once owners have bought a QTIS horse, they don’t want anything else – it is absolutely vital to keep the industry flourishing,” Duff said.

Other top sellers included a colt by Jet Spur for $95,000 to the bid of Magic Millions acting as agent for an undisclosed buyer, and Gold Coast based trainer Bruce Hill went to $90,000 to secure a filly by Red Dazzler. This filly (Lot 382) out of Rainbow Joy, is closely related to Magic Millions Classic winner Dancer’s Joy.

Lot 382 Red Dazzler x Rainbow Joy filly

Bruce Hill said, “Everything about her was spot on, and she has a one of the best filly pedigree’s, it’s a good winning family and she is a really nice type,” Hill said.

“The QTIS Scheme is terrific value, it’s gives trainers and owners decent races to aim for,” said Hill.

The sale boasted solid figures across all levels with over $6.69 million traded on 347 yearlings with a clearance rate maintained at 71 per cent. The gross aggregate was down on 2010, but up considerably on the 2009 result of $6,135,500.

The average price of $19,287 was solid, although below the heights of the 2010 sale at $22,166, it was comfortably above the 2009 average of $18,424.

David Chester acting managing director commented “It’s been a remarkably good result considering the natural disasters that have impacted the Queensland economy and in particular the confidence of the racing industry.”

“In spite of this over 110 yearlings were sold to Queensland country buyers, proving the value of the QTIS 600 scheme,” Chester said.

The international buyers again came to the forefront, and solid results were achieved from buyers based in New Zealand, Singapore, Korea, Hong Kong, Malaysia, and China. Interstate buyers were also competitive from Western Australia, New South Wales, ACT, Victoria, and South Australia.

SESSION TWO TOP SELLERS

$110,000 (Lot 518) Falvelon – Untold colt

Vendor: Raheen Stud / Buyer: Pat Duff (QLD)

$95,000 (Lot 477) Jet Spur – Stravain Lady colt

Vendor: Glenlogan Park / Buyer: Magic Millions as Agent (QLD)

$90,000 (Lot 382) Red Dazzler – Rainbow Joy filly

Vendor: Corella Stud as Agent / Bruce Hill (QLD)

$80,000 (Lot 480) Show A Heart – Sui Generis colt

Vendor: Glenlogan Park / Buyer: Evan Hartley (QLD)

$77,500 (Lot 467) Jet Spur – Squawable colt

Vendor: Glenlogan Park as Agent / Buyer: Pat Duff (QLD)

$60,000 (Lot 308) Show A Heart – Mimzical colt

Vendor: Newhaven Park as Agent / Buyer: On Track Thoroughbreds (QLD)

$60,000 (Lot 376) Sequalo – Princess Potter colt

Vendor: Lyndhurst Stud Farm / Buyer: Jim Douros (NSW)

$55,000 (Lot 319) Henny Hughes – Miss Raffin Dane colt

Vendor: Racetree as Agent / Buyer: N & J Moore Bloodstock (Macau)

$55,000 (Lot 412) Sequalo – Sale Eve colt

Vendor: Oakwood Farm as Agent / Buyer: Penang Turf Club (Malaysia)

$50,000 (Lot 414) Jet Spur – Sardana Gold colt

Vendor: Furlong Stud / Buyer: Magic Millions as Agent (QLD)

$50,000 (Lot 321) Snippetson – Miss Rogers colt

Vendor: Raheen Stud / Buyer: Magic Millions as Agent (Singapore)

$50,000 (Lot 500) Falvelon – Tides of Fun colt

Vendor: Glenlogan Park / Buyer: Paul Willetts (New Zealand)

OVERALL TOP SELLERS

$120,000 (Lot 195) Jet Spur – Hilaleah Star colt

Vendor: Kiernan Pastoral / Buyer: On Track Thoroughbreds (QLD)

$110,000 (Lot 518) Falvelon – Untold colt

Vendor: Raheen Stud / Buyer: Pat Duff (QLD)

$100,000 (Lot 91) Sequalo – Count The Silver colt
Vendor: Lyndhurst Stud / Buyer: Cameron Cooke (VIC)

$95,000 (Lot 174) Bradbury’s Luck – Ghost Story colt
Vendor: Glenlogan Park / Buyer: Danny Bougoure (Qld)

$95,000 (Lot 477) Jet Spur – Stravain Lady colt

Vendor: Glenlogan Park / Buyer: Magic Millions as Agent (QLD)

$90,000 (Lot 382) Red Dazzler – Rainbow Joy filly

Vendor: Corella Stud as Agent / Bruce Hill (QLD)

$87,500 (Lot 80) Jet Spur – Chicitee filly
Vendor: Glenlogan Park / Buyer: Pat Duff (Qld)

$80,000 (Lot 480) Show A Heart – Sui Generis colt

Vendor: Glenlogan Park / Buyer: Evan Hartley (QLD)

$77,500 (Lot 467) Jet Spur – Squawable colt

Vendor: Glenlogan Park as Agent / Buyer: Pat Duff (QLD)

$67,500 (Lot 22) Show A Heart – Another Syn colt
Vendor: Grandview Park (As Agent) / Buyer: Yeoh Kheng Chye (Singapore)

$65,000 (Lot 39) Jet Spur – Be Faithful colt
Vendor: Glenlogan Park (As Agent) / Buyer: Magic Millions as agent (NSW)

$60,000 (Lot 191) Monashee Mountain – Heaven’s Eyes colt
Vendor: ABC Thoroughbreds / Buyer: Matthew Dale (ACT)

$60,000 (Lot 308) Show A Heart – Mimzical colt

Vendor: Newhaven Park as Agent / Buyer: On Track Thoroughbreds (QLD)

$60,000 (Lot 376) Sequalo – Princess Potter colt

Vendor: Lyndhurst Stud Farm / Buyer: Jim Douros (NSW)

2011 SALE STATISTICS – SESSION ONE & TWO

(2010 in Brackets)

Lots Catalogued: 545 (462)
Lots Sold: 347 (462)
Average Price: $19,287 ($22,166)
Lots Withdrawn: 56 (42)
Lots Passed: 142 (74)
Sale Aggregate: $6,692,500 ($7,669,500)
Top Price: $120,000 ($140,000)
Sold %: 71 (82)