3 minute read
Records broken as sale gross tops $242 million topping last year’s record.
The 2022 Magic Millions Gold Coast Yearling Sale drew to a close on Monday with records set across the board while a son of Newgate Farm's Deep Field (Northern Meteor) topped the final day of selling when bought for $270,000 by Wattle Bloodstock.
At the conclusion of Books 2 and 3 the sale gross totalled over $242 million, 15 per cent over last year's record of $211 million and becoming the highest grossing yearling sale in Southern Hemisphere history.
Monday's sale topper was offered by Grandview as Lot 1085 The son of Deep Field is the tenth foal out of winning mare Brookton Flash (Spartacus) making him a half-brother to six winners including the stakes placed duo Nieta (Nicconi) and Tumbler (Time Thief). BRookton Flash meanwhile is a half-sister to dual Group One winner Sincero (Umatilla).
Wattle Bloodstock's Peter Twomey said that he had missed a number of quality colts during the week and was pleased to secure Monday's top lot.
"He's a nice moving horse and has a great attitude," Twomey said. "He's a pretty straight forward style of horse.
"The sire is going well here in Australia as well as across Asia."
"The mare has produced a couple of black type horses and a few other nice winners by a range of stallions and now she's produced a good colt by Deep Field.
"He looks to be a three-year-old style of horse and that's what we're wanting with him – to race at three and older," Twomey added.
During Book 2, 219 lots sold for $12,631,000, down eight per cent from $13,760,500 from a year ago when 228 lots sold. The average was down four per cent from $60,353 to $57,676 while the median remained steady at $50,000. The clearance rate finished at 85 per cent, up two per cent from last year.
"It has been the most remarkable sale," Magic Millions managing director Barry Bowditch reported. "To have grossed $31 million more than last year with a slightly smaller catalogue is amazing.
"We had a great catalogue of yearlings across all levels of the market and buyers certainly appreciated the quality youngsters presented by vendors.
"Under the circumstances we are working with at present the logistics of conducting the sale has been an incredible challenge. I couldn't be more proud of the Magic Millions team.
"We are also thankful of the efforts from the vendors and their staff, the buying teams as well as the transporters, caterers, drivers and everyone who played their part in making the event such a success."
"It has been an unprecedented week in the history of Australian thoroughbred sales and we are proud to have played our role in delivering for buyers and vendors.
"From the Pacific Fair Polo and showjumping, to the incredible barrier draw at Surfers Paradise, the record breaking Gold Coast Yearling Sale and the spectacular The Star Gold Coast Raceday – it's been a sensational carnival," Bowditch added.
