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Magic Millions Gold Coast Yearling Sale concludes on Monday after seven days of selling
The 2021 Magic Millions Gold Coast Yearling Sale came to a close on Monday with Book 2 and Book 3 helping to push the sale aggregate to over $211 million - up 12.5 per cent from last year’s total of $187.5 million to become the highest grossing yearling sale in the southern hemisphere.
Two lots sold during Monday’s Book 2 session for $310,000. The first of these was a Bhima Thoroughbreds consigned son of Iffraaj (Zafonic) who was bought by Hong Kong-based Golden River Investments.
Offered as Lot 1186, the colt is the fourth foal out of Busted Love (Flying Spur) who has produced one winner to date in Cool Change (Showcasing) who finished third in the Counties Challenge Stakes (Listed, 1100m) at Pukekohe last November. The colt’s third dam is Golden Slipper (Gr 1, 1200m) winner Burst (Marauding).
Later on in the season a son of Newgate Farm’s Deep Field (Northern Meteor) sold to John Morrisey for $310,000. Catalogued as Lot 1244, the colt is out of the Listed placed mare Freezethemillions (Freeze) whilst further back this is the family of Group 1 winning sires Zeditave (The Judge) and Greys Inn (Zabeel).
The page received a significant update since the catalogue went to press with the colt’s half-brother Alpine Edge (Better Than Ready) winning the Boom Stakes (Listed, 1000m) and BJ McLachlan (Gr 3, 1200m) before finishing second in Saturday’s Magic Millions 2YO Classic (RL, 1200m).
The colt was one of 14 lots to sell for $150,000 or more during Book 2 when 228 of the 275 lots offered were sold for $13,760,500 with a clearance rate of 83 per cent. The average was $60,535, down 22 per cent whilst the median fell nine per cent from $55,000 a year ago to $50,000.
Heinrich Bloodstock were the leading buyers, spending $560,000 on five lots whilst Kacy Fogden Racing bought four yearlings for $540,000. Arrowfield Stud continued where they left off in Book 1 and were the leading vendors during Book 2 having sold 16 lots for $1,307,000. Lyndhurst Stud meanwhile led the way by average (for 3 or more sold) with their five offerings selling for $554,000 at an average of $110,800.
Deep Field finished Book 2 as the leading sire by average (for 3 or more sold) with six yearlings selling for $815,000 at an average of $135,833.
"Over the last week we have witnessed something very special," Magic Millions managing director Barry Bowditch said.
"From the first lot on Tuesday until the final lot today it's been truly remarkable.
"The thirst for quality was intense. We worked hard in getting the best possible buying bench to the sale and to be involved remotely and they have responded in spirited style.
"From the time entries were received and our team conducted inspections across Australasia we knew we had been able to assemble an outstanding line up of yearlings. The vendors brought their best and the buyers recognised this clearly.
"A lot of hurdles were placed before us in the weeks leading into the sale and the whole Magic Millions team had to be incredibly dynamic. I am so proud of how they stepped up to the plate to drive what has been an outstanding event.
"It has been a remarkable week in the history of Australian thoroughbred sales and we are proud to have played our role in delivering for buyers and vendors," Bowditch added.
The next Magic Millions yearling sale will be the Perth Yearling Sale which will run from February 15 - 16.
