Two colts fetch $1m on Day 2 of national yearling sales
Waikato Stud is the leading vendor with 32 lots selling for $5.8 million.
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Hawke’s Bay
Two million-dollar yearling colts changed hands on the second day of New Zealand Bloodstock's Karaka sales.
The country’s top bloodstock buyer, David Ellis’ Te Akau Racing, paid $1,025,000 for a Savabeel colt from Cambridge Stud.
Earlier, Mark Pilkington Bloodstock in conjunction with Lindsay Park Racing paid $1 million for a colt by Fastnet Rock from Diademe, a full sibling to Group 1 2000 Guineas winner Embellish.
Mr Ellis also paid the third highest price of $900,000 for a Savabeel filly.
The Savabeel colt’s dam was New Zealand champion three-year-old Katie Lee, whose racing career was highlighted with wins in both the Group 1 1000 Guineas and Group 1 2000 Guineas.
Mr Ellis, who bought a total of 17 yearlings, has already mapped out the colt’s future.
“I can see him winning a Group 1 like the Sires Produce and then heading to Australia to win a good two-year-old race, but our goal will be the 2000 Guineas at Riccarton,” he says.
Overseas buyers
The international buying bench has fuelled much of the sales action, with eight countries accounting for the sale of 158 yearlings and $26.5 million in turnover so far.
The Hong Kong Jockey Club spent $1.5 million on four lots. However, domestic buyers have bought five of the top 10 lots.
In terms of sire power, Tavistock and Savabeel continued to feature prominently, though Waikato Stud is doing well with its first season sire Sacred Falls.
With 15 yearlings sold for $2.19 million, Sacred Falls’ highest price was $275,000 by Waikato Bloodstock for their Hong Kong client.
The clearance has remained strong at 77%, representing 232 lots sold so far for $38.3 million from the 320 lots. The average sale is $165,119.
Waikato Stud topped the vendors with a total of $5,865,000 from 32 lots, closely followed by Cambridge Stud at $5,580,000 for 24 lots and a higher average of $232,500.
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Nevil Gibson
Tue, 30 Jan 2018
Tue, 30 Jan 2018
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Two colts fetch $1m on Day 2 of national yearling sales
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