3 minute read
Lindsey Smith goes to $220,000 for a colt by the Newgate Stud-based sire
Progeny from the second crop of Newgate Farm’s first-season sire Capitalist (Written Tycoon) has been the story of the sales circuit so far in Australia and that continued at the Magic Millions Perth Yearling Sale on Thursday as Lindsey Smith secured a colt from the Willow Dale Farm draft for $220,000.
Catalogued as Lot 31, the yearling is out of dual-winning Trusting (Tale Of The Cat) mare Munjai, who is herself a three-quarter sister to Listed-winning juvenile Whittington, with the pair both being out of fellow Listed scorer Maha Chakri (Beautiful Crown).
Further back this is the same family as fellow Listed winner Ta Ta Tatiana (Carry The Crown) and Thai Jewel (Lunchtime).
So far in sales in Australasia this season, Capitalist has had 65 lots sell for an aggregate of $13,106,916 at an average of $201,644 off a stud fee of $55,000 (inc GST), while the sire is sitting on the top of the Australia’s leading first-season sire standings as well as the two-year-old table by earnings with his progeny’s prize-money totalling $1,750,805, headed by dominant Inglis Millennium (RL, 1100m) winner Profiteer.
The colt sold on Thursday was the only offering by the sire and Lindsey Smith told Racing & Sports Bloodstock he aimed to secure the colt in order to change his reputation as a one-dimensional trainer of only stayers.
“I’m trying to change my reputation of just training stayers and I’m trying to step up with the bigger boys and I thought this horse was an early going horse by the right sire,” said Smith. “He looks a beautiful horse and he has the right breeding to suggest he could be an early two-year-old.
“I’m just trying to change the outlook of how people perceive me and I thought the only way to do that was to start buying different horses.
“The price-tag wasn’t cheap but it seems to be cheap for a horse with his breeding, especially if Profiteer wins the Golden Slipper. He was a nice horse and if I want to buy more two-year-olds I may as well start at the top.”
The colt was the most expensive yearling sold by Willow Dale Farm, who finished the day as the leading vendor by average (with three or more lots sold), having sold five yearlings for an aggregate of $467,500 at an average of $93,500.
Willow Dale Farm’s Eva Highley told Racing & Sports Bloodstock she was delighted with the result and had expected the colt to be well received by the buying bench.
“We were very happy with that result,” said Highley. “He is a lovely strong type and looks like an early two-year-old. His pedigree suggests that he should be up early and he is obviously by the sire of the moment in Capitalist, who can do no wrong at the moment and they are very sought after.
“We expected him to be a standout at this sale, not only because he is a lovely type, but also given the fact that the Capitalists have sold so well in all the sales in Australasia this year and the hype did come on to him over and we were expecting a decent price for him here like he brought.”
