A new player in the syndication world made their presence felt on Day One of the 2015 Magic Millions Gold Coast March Yearling Sale on Monday by securing the top priced seller of the day.
There were strong increases across the board with the gross soaring 57 per cent on last year’s opening day and the average climbing 36 per cent. The clearance rate also grew from 64 to 75 per cent.
Australasian Thoroughbreds went to $110,000 to secure Lot 153, the Real Saga half brother to Saturday’s impressive Gold Coast winner Siegfried to take top spot during a spirited day’s selling.
The colt will join the stables of Siegfried with Australasian Thoroughbreds’ Director Jamie Bourke confirming Toby Edmonds as trainer of the quality youngster.
“We are a brand new syndication company – in fact our website only went live this week,” Bourke said. “We have purchased some lovely horses and this colt is a welcome addition to the team.”
Bourke said his team of around a dozen horses comprised yearlings and two and three-year-olds.
“We have a few trainers including Toby, Tony Gollan, Kelly Doughty and Clarry Conners and we are here to stay. It’s an exciting time – we have some lovely horses available for syndication.”
“One of the horses we have is by Real Saga and it has lots of ability and on the strength of that we were keen to look at his stock and his colt was probably his nicest in the sale,” Bourke added.
The top selling Real Saga colt is the seventh living foal of the 100 per cent winner producer Classic Covet, a two time winning daughter of St Covet. She is a half sister to Affirmed Classic and is from the stakes winner Classical Band (Master Derby).
The second top priced lot today was the Lyndhurst Stud Farm offered Sequalo-Bye Bye Diamonds colt who was knocked down to Grandview for $90,000.
That colt is the third living foal of a three time winning sister to Mozzman Park and half sister to stakes winner Direct Sign.
Over $4 million was traded today on 140 lots sold at an average price of $28,686 at a clearance rate of 75 per cent.
Leading buyer on day one, Magic Millions as agent excepted, was Tony Gollan with five purchases at a spend of $258,000. First time buyer Tony Haydon was next with four lots at a spend of $175,000 as he establishes a new stable after years as foreman for Peter Moody in Melbourne.
“It’s been a phenomenal start to the March Yearling Sale,” Cox said. “The strength of the sale has been the middle market with consistent prices for quality lots all day.”
“Racing in Queensland is in a really good space at the moment which is reflective in the results. Having said that we are very happy with the out of state participation.”
To view the results of the sale and to make an offer on a passed in lot click here.
Day Two of the Gold Coast March Yearling Sale commences at 11am (Qld time) on Tuesday.
(2014 session 1 in brackets)
Lots Catalogued: 197 (200)
Sale Gross: $4,016,000 ($2,554,000)
Average Price: $28,686 ($21,107)
Top Price: $110,000 ($85,000)
Lots Sold: 140 (121)
Lots Withdrawn: 10 (10)
Lots Passed In: 47 (68)
Sold %: 75 (64)
DAY ONE TOP SELLERS
$110,000 – Real Saga-Classic Covet bay colt (Lot 153)
Vendor: Glenlogan Park / Buyer: Australasian Thoroughbreds (Qld)
$90,000 – Sequalo-Bye Bye Diamonds brown colt (Lot 142)
Lyndhurst Stud Farm (As Agent) / Grandview (Qld)
$80,000 – I Am Invincible-Zebithea bay colt (Lot 95)
JD Thoroughbreds / Belmont Bloodstock Agency (Vic)
$75,000 – Written Tycoon-Courtship black colt (Lot 165)
Kilto Park Thoroughbreds / J, D & C Meagher Racing (Qld)
(ranked by total spend)
$522,000 – Magic Millions as agent (Various) – 21 lots
$258,000 – Tony Gollan Racing (Qld) – 5 lots
$175,000 – Tony Haydon Racing (Qld) – 4 lots
$155,000 – Washpool Thoroughbreds P/L (Qld) – 4 lots
$153,000 – J, D & C Meagher Racing (Qld) – 3 lots