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New Southern Hemisphere record of over $243 million is set after seven days of selling
The seventh and final day of the Magic Millions Gold Coast Yearling Sale concluded on Monday with the sale gross finishing at a new southern hemisphere yearling sale record of over $243 million.
The Book Two gross finished at $13,669,000, up from $12,631,000 last year, when the second and final day of the sale finished. The average roe slightly to $62,554, up from $57,676 a year ago and the median remained at $50,000. The clearance rate finished at 83 per cent.
The most expensive lot to sell on Monday was Lot 1107, the Newhaven Park consigned colt by Spirit Of Boom (Sequel) out of winning Sepoy (Elusive Quality) mare Giroux who was bought for $225,000 by Munce Racing and Arthur Hoyeau.
The colt is the third foal out of Giroux who is herself out of dual Listed winner Paprika (General Nediym).
Two other yearlings sold for $220,000 – Coolmore Stud's Too Darn Hot (Dubai) -Maraam (Street Cry) filly (Lot 1167) who was bought by McEvoy Mitchell Racing and Belmont Bloodstock Agency and Yulong's Alabama Express (Redoute's Choice) - Prontezza (More Than Ready) filly (Lot 1215) who sold to Lucky Clover Thoroughbreds.
The Too Darn Hot filly is the third foal out of Maraam who is herself a half-sister to Group 2 winning sire Derryn (Hinchinbrook). Lot 1215 meanwhile is from the first crop of Yulong's Alabama Express out of winning More Than Ready (Southern Halo) mare Prontezza who is one of three winners out of Group 1 winning mare Rostova (Testa Rossa).
The Book One component of the Gold Coast Yearling Sale has a gross approaching $230 million and a clearance rate of 90 per cent – an incredible figure with a catalogue of almost 1000 lots.
"It's been an outstanding week," Magic Millions Managing Director Barry Bowditch said. "We are thrilled with the results here from the last seven days.
"It was pleasing to have the highest number of million dollar lots sold (20) and on top of that to push through the $2 million barrier four times including a new record of $2.7 million and a record priced filly for the yearling sale market of $2.6 million.
"It's brilliant to be able to push the ceiling further than Magic Millions has pushed it before. Book One is clearing a remarkable 90 per cent and Book Two is over 83 per cent.
"The team were out on the road, pushing hard to get the best yearlings we possibly could and I am glad all their efforts came to an outstanding fruition. We can't thank out vendors enough for their support.
"On the back of the past two days with Book Two, we're looking forward to what the markets present at all those sales: Tasmania first, Perth, then Adelaide and back here for the March Yearling Sale."
Bowditch said it was great to have international clients back on the Gold Coast participating in one of the world's great thoroughbred auctions – at a time when a huge boost was announced for the next couple of years which will result in $20 million worth of races to be run at the Gold Coast in 24 hours from 2025.
"Having everyone back here – having a fun time was a highlight," he added. "The (Magic Millions) team working as well as they possibly could under huge pressure – it's been outstanding – it's been fantastic to have it go off as well as it has under the circumstances."
