Records fall on Day 1

3 min read
Four $1 million dollar lots fuelled an historic day at the Gold Coast Magic Millions Yearling Sale but managing director Barry Bowditch hopes the best is yet to come.

A million-dollar lot early on day one set the tone an average of $253,575 and total spend of $50,715,000, both Magic Millions records.

"We've set the bar high today, it was an incredible day's sale and we are pleased where we are after day one," Bowditch said.

"This is a record day for a yearling sale here at Magic Millions, we have grossed almost $51 million." - Barry Bowditch

"We thought we had a solid lot of horses today and a very strong catalogue. It's probably a better day one than last year and the numbers reflected that. This is a record day for a yearling sale here at Magic Millions, we have grossed almost $51 million."

"It is a fantastic start to have an average of more than $253,000, which is a big increase from $215,000 last year and a very healthy clearance rate of 84 per cent, that what was really pleasing us on day one. I think it is a solid catalogue all the way through but we did have a solid start. We would love to increase that clearance rate and keep the other key figures where they are right now."

Those four seven-figure lots, which started with Marie Yoshida buying a Medaglia d'Oro (USA) colt for Hong Kong owner Howard Liang was soon followed by Phoenix Thoroughbreds and Aquis Farm paying $1.6 million for the day's top lot, a Redoute's Choice colt, attracted the headlines, but Bowditch was just as pleased with the diversity of the buying bench.

"For us to have a strong international buying bench and a strong domestic bench is incredibly important." - Barry Bowditch

"Everyone got a piece of an action," Bowditch said. "When you have a huge catalogue like this, you can't be relying on any one person or group buying, so for us to have a strong international buying bench and a strong domestic bench is incredibly important, because we need buyers at all levels here."

"There are horses ranging in value from $20,000 to $1.6 million, and that means you have to have a lot of bums on seats. Over the next five days, we need the clearance rate to remain healthy and to do that you need a diverse buying bench."

Looking forward to day two, Bowditch identified Lot 379, a colt by Fastnet Rock out of Ballet Suite (High Chaparral {Ire}) as an attention-grabbing type.

"There is plenty of value, especially under the median level." - Barry Bowditch

"He will feature prominently," he said. "But what I will say there is plenty of value, especially under the median level. There are horses here for everyone and there are horses here to fit everyone's budget. There are opportunities there, vendors will be willing to meet the market and I hope the buyers turn up and continue on from today's trend."

"When you have a big catalogue, there are 265 lots per day, they are not all going to make big money and you only have to look at the results last Saturday and the fields this Saturday, there are a lot of affordable horses in these feature races."

Highlights: Day 1

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Top Buyers by Total

China Horse Club/Newgate Bloodstock8$3,460,000$680,000$432,500
Waller Racing/Mulcaster Bloodstock5$2,120,000$1,300,000$424,000
Phoenix T'Breds (II) Ltd/Aquis Farms Pty Ltd1$1,600,000$1,600,000$1,600,000
Jon Kelly/Reg Inglis/Jamie McCalmont3$1,580,000$800,000$526,667
Aquis Farms Pty Ltd3$1,250,000$550,000$416,667
Ciaron Maher Bloodstock Pty Ltd4$1,000,000$310,000$250,000
George Moore Bloodstock3$1,000,000$420,000$333,333
Yu Long Investments (Australia) Pty Ltd1$1,000,000$1,000,000$1,000,000
Asian Bloodstock Services Ltd1$1,000,000$1,000,000$1,000,000
Hawkes Racing3$990,000$400,000$330,000
Katsumi Yoshida2$920,000$700,000$460,000
Spendthrift Australia Pty Ltd1$900,000$900,000$900,000
Gary Harding2$890,000$550,000$445,000
Star Thoroughbreds5$805,000$250,000$161,000
Gai Waterhouse & Adrian Bott Racing3$800,000$320,000$266,667
James Bester Bloodstock2$800,000$400,000$400,000
China Horse Club/Newgate Bstock/Stonestreet1$800,000$800,000$800,000
Gerald Ryan2$720,000$600,000$360,000
James Harron Bloodstock1675000675000675000

Top Vendors by Total

Yarraman Park Stud Scone NSW 311202$5,040,000$1,300,000$420,000
Widden Stud Widden Valley NSW 421304$4,720,000$1,000,000$363,077
Newgate Farm Scone NSW 551308$3,310,000$550,000$254,615
Arrowfield Stud Scone NSW 521213$3,025,000$700,000$252,083
Coolmore Stud Jerry's Plains NSW 531405$2,960,000$600,000$211,429
Bhima Thoroughbreds Scone NSW 25621$2,520,000$1,600,000$420,000
Element Hill Innisplain Qld16700$1,690,000$800,000$241,429
Aquis Farm Operations Murrurundi NSW 19615$1,600,000$650,000$266,667
Baramul Stud Widden Valley NSW 40943$1,520,000$340,000$168,889
Eureka Stud Cambooya Qld 16711$1,400,000$500,000$200,000
Luskin Park Luskintyre NSW 8303$1,225,000$525,000$408,333
Milburn Creek Wildes Meadow NSW10202$1,125,000$675,000$562,500
Edinburgh Park Wingham NSW 16410$1,110,000$680,000$277,500
Sledmere Stud Scone NSW 17501$990,000$300,000$198,000
Rosemont Stud Gnarwarre Vic 20400$885,000$420,000$221,250
Edinglassie Stud Muswellbrook NSW 11320$870,000$600,000$290,000
Willow Park Stud Scone NSW10401$815,000$270,000$203,750
Attunga Stud Blandford NSW 7301$770,000$380,000$256,667
Woodside Park Stud Tylden Vic9400$770,000$240,000$192,500
Newhaven Park Boorowa NSW 27422$760,000$360,000$190,000

Top Sires by Total

I Am Invincible (AUS)241932$8,000,000$1,300,000$421,053
Snitzel (AUS)241545$5,950,000$700,000$396,667
Zoustar (AUS)161024$3,725,000$900,000$372,500
Written Tycoon (AUS)251609$3,315,000$660,000$207,188
Sebring (AUS)14815$2,935,000$800,000$366,875
Not a Single Doubt (AUS)9702$2,350,000$550,000$335,714
Pierro (AUS)14914$2,090,000$600,000$232,222
Redoute's Choice (AUS)8314$2,070,000$1,600,000$690,000
Hinchinbrook (AUS)8602$2,055,000$800,000$342,500
Exceed and Excel (AUS)9720$1,980,000$550,000$282,857
Medaglia d'Oro (USA)5212$1,160,000$1,000,000$580,000
More Than Ready (USA)11533$1,090,000$400,000$218,000
Vancouver (AUS)10703$1,070,000$320,000$152,857
Dissident (AUS)8710$885,000$200,000$126,429
Pride of Dubai (AUS)11605$860,000$260,000$143,333
Fastnet Rock (AUS)4211$780,000$680,000$390,000
Star Witness (AUS)6411$750,000$300,000$187,500
So You Think (NZ)7511$705,000$200,000$141,000
Rubick (AUS)5410$675,000$320,000$168,750
Exosphere (AUS)7412600000230000150000