Redoute's Choice a sales phenomenon

6 min read
TDN AusNZ spoke to both Inglis and Magic Millions to assess the enormous impact Redoute's Choice had on the yearling markets in Australia.

Ever since his first yearlings came on the market in 2003, Redoute's Choice has been the in-demand sire at Australia's major sales.

To give the phenomenon that is Redoute's Choice some context, over $400 million has been spent on his yearlings in the past 16 years, with nearly 1000 sold at major sales at an average of over $415,000.

His record at the Inglis Australian Easter Yearling Sale was particularly impressive, with over 500 sold at an average of over $525,000, including 13 that have gone on to become Group 1 winners.

There have been 14 Redoute's Choice yearlings sell for over $2m at Easter and amazing 59 for over $1m. Also among the Easter million-dollar lots are Group 1 winners Master of Design and Samantha Miss.

For Inglis' General Manager of Bloodstock Sales Sebastian Hutch, he is a stallion who belongs in the top echelons in Australian thoroughbred history.

"He's had a very profound impact on the trajectory of the Australian thoroughbred industry for an extended period of time. He's arguably the most influential stallion Australia has seen, outside of Danehill, in living memory. His impact in terms of soliciting international attention to Australian racing and breeding and the Australian thoroughbred industry has been second to none," he said.

"He's arguably the most influential stallion Australia has seen, outside of Danehill, in living memory." - Inglis General Manager of Bloodstock Sales Sebastian Hutch

"You only have to look at the contribution his progeny have made, the gross receipts across all the major yearling sales over an extended period of time to recognise that."

"And his influence extends far beyond the success of his progeny at the sales obviously. The percentages of stakes winners to runners and Group 1 horses to runners are almost incomprehensible in a modern context. He really was a genuinely great stallion."

Redoute's Choice

Hutch said he felt the key to the success of Redoute's Choice's progeny at elite sales like Easter was the range and quality of buyers he attracted.

"International buyers identified that horse as an exceptional stallion and spent money at our elite yearling sales accordingly," he said.

"They knew they were pursuing the progeny of an outstanding stallion and so, the domestic buying bench and the international buying bench combined and ensured there was fervent demand for his progeny. It led to an almost an unprecedented period of boom for breeders who supported that horse."

A Magic formula

Magic Millions never sold the same volume of Redoute's Choices on the Gold Coast as Inglis did at Easter but around 300 have gone through the ring there at an average of over $350,000 over the years, including some significant purchases.

From his first yearling draft at the 2003 Gold Coast sale came Not A Single Doubt, who sold for $210,000. He would not only become his first-ever stakes winner but would also become one of his most important sire sons standing alongside of him at Arrowfield. Also out of that first sale was Lotteria, who in 2004 became Redoute's Choice's first Group 1 winner.

The next year it was Snitzel who went through the Gold Coast ring for $260,000. He would also go on to win a Group 1, in his case the Oakleigh Plate, and would become a Champion Sire in his own right over the past two seasons.

Snitzel went on to become a champion sire in his own right

"From our perspective, it's a terrible loss for the industry. But Redoute's Choice has left an enormous legacy," Magic Millions Managing Director Barry Bowditch said. "For us, having pivotal graduates of the likes of Snitzel, Not Single Doubt and Melito and the like, we've had a great time selling the Redoute's Choice progeny for many years."

"The bloodlines are incredibly influential and the legacy he will leave for decades to come will be truly remembered." - Magic Millions Managing Director Barry Bowditch

"The respect he has had as a stallion, as a sire of sires and now as a broodmare sire. The bloodlines are incredibly influential and the legacy he will leave for decades to come will be truly remembered."

All in all, he has had 15 $1m-plus lots go through Magic Millions, incredibly, three of them just this year.

But the other significant impact he had on Magic Millions was the success of the 2014 National Broodmare Sale. Capitalising on the popularity of Redoute's Choice's family, his breeder Muzaffar Yaseen offered many broodmares related to the champion at what became known as the Teeley Dispersal Sale, with spectacular results.

"We will remember Redoute's Choice for a lot of different things and that afternoon when we sold those Teeley mares, was one of the most memorable moments." - Barry Bowditch

"That changed our Broodmare Sale from that day onwards. That dispersal was the year where the broodmare sale on the Gold Coast went to another level and we never looked back. Mr Yaseen, Teeley and Redoute's Choice were the key factors in that," Bowditch said.

"We will remember Redoute's Choice for a lot of different things and that afternoon when we sold those Teeley mares, was one of the most memorable moments."

Monsoon Wedding, a sister to Redoute's Choice sold for $2.3m as part of the Teeley Dispersal Sale

The limited editions

For both Inglis and Magic Millions, the yearlings of Redoute's Choice will feature in their catalogues for at least another couple of years.

Inglis has 22 catalogued in the upcoming Easter Sale, while his final crop, who will hit the ground this spring, will feature in the 2021 sales season. With that end of the line approaching, demand is likely to be increased.

"From here on in, they will be buying one of the last ones and we look forward to offering many more Redoute's Choices in the next two years." - Barry Bowditch

"From here on in, they will be buying one of the last ones and we look forward to offering many more Redoute's Choices in the next two years," Bowditch said.

Hutch said that factor combined with the emergence of one-time $700,000 Easter sale purchase, The Autumn Sun, now a five-time Group 1 winner, as arguably Redoute's Choice's best performed son on the track, had already raised expectations of how his progeny will perform in upcoming sales.

The Autumn Sun as a yearling

"It’s a testament to his quality that even at that age, he was capable of producing a horse of such quality," he said.

"It follows on that the demand for his best progeny will be very strong and now that there is a defined period in which you can source that progeny, it is only going to enhance demand for him."