Carnival Sale Concludes NZ Yearling Sales Season

7 March 2008

The 2008 Carnival Yearling Sale reflected a decidedly more subdued yearling market than seen in recent weeks, with�mixed results at today's one-day Sale at Karaka.

With the Carnival Sale a new introduction to the New Zealand Bloodstock sale calendar last year, this year's smaller catalogue resulted in�116��horses sold for $2,222,850, with a sale average of $19,163 and median of $15,000.

Lot-182

�Sale topping colt - Lot 182 by King's Chapel on account of Halo Farm

The highlight came late in the day at Lot 182, a King's Chapel colt from stakes performed Clay Hero mare, Wychwood Lass. Offered by Halo Farm, the colt was bought by Louis Crimp's Wellesley Land Co Ltd, based in Invercargill, for $75,000.

Although the results sheets were dominated by local buyers, the leading buyer of the Sale was Queensland bloodstock agent John Foote who bought four yearlings for $142,500.� His top priced�purchase was $45,000, paid for a colt by Halo Homewrecker from Vettori mare, Miabondialee, offered by Seaton Park.

The leading vendor by aggregate at this session was Mike Tololi's Twin Pine Thoroughbreds, selling nine horses for $194,500, including a top price of $42,000 for the Postponed colt from Masterclass mare, Class Mistress.

The leading vendor by average, with three or more sold, was Gordon Cunningham's Curraghmore Stud, with a top price of $57,500 for the Danroad colt from Royal Rhythm, bought by Rob McAnulty.

Concluding the 2008 National Yearling Sales Series for New Zealand Bloodstock, Marketing Manager Petrea Vela summed up today's results.

"We've seen good horses sell well today, but buyers have been selective in their purchasing, with a lot of horses seemingly not meeting their criteria and the results reflecting that."

"With such sensational results just a few weeks ago there were some disappointments today, and we will be reviewing what factors contributed to that and assessing the�future of the Carnival Sale over the coming weeks."

All horses bought at Karaka today are�eligible to enter the $100,000 Carnival Bonus Race at the Auckland Racing Club's Auckland Cup Week next year, as well as being eligible to enter the 2009 Karaka Million Series. For further information on these race incentives, contact New Zealand Bloodstock Marketing Manager Petrea Vela.

2008 Carnival Sale Summary

�FINAL STATISTICS 2008 2007
Average $19,163 $25,059
Aggregate $2,222,850 $3,909,250
Lots Catalogued 198 259
Lots Sold 116 156
Clearance Rate 67% 69%
Median $15,000 $20,000
2008 Top Price - Lot 182 King's Chapel x Wychwood Lass $75,000
2007 Top Price - Lot 161 Invincible Spirit x Muffin McLay $120,000

Leading Purchasers by Aggregate

Purchaser Bought Aggregate Average Top Price
NEW ZEALAND BLOODSTOCK (as agent) 10 $271,400 $27,140 $65,000
JOHN FOOTE BLOODSTOCK 4 $142,500 $35,625 $45,000
MR JR WHEELER 5 $142,000 $28,400 $55,000
MR GT HENNESSY 2 $93,000 $46,500 $55,000
WELLESLEY LAND CO� 1 $75,000 $75,000 $75,000
MR CP HAUSMAN 3 $73,000 $24,333 $38,000
MR MA OLD 2 $70,000 $35,000 $40,000
MR GA NICHOLSON 1 $65,000 $65,000 $65,000
MR RB PRISCOTT 2 $58,000 $29,000 $36,000
MR PA WILLETTS 3 $58,000 $19,333 $30,000

Leading Vendors by Aggregate

Vendor Sold Aggregate Average Top Price
TWIN PINE THOROUGHBREDS� 9 $194,500 $21,611 $42,000
BRIGHTHILL FARM 11 $149,000 $13,545 $26,000
MAARA GRANGE 5 $135,000 $27,000 $55,000
HALLMARK STUD� 5 $125,000 $25,000 $55,000
WINDSOR PARK STUD 5 $114,500 $22,900 $34,000
CURRAGHMORE STUD 3 $112,500 $37,500 $57,500
SEATON PARK� 9 $108,450 $12,050 $45,000
THE OAKS STUD 4 $100,000 $25,000 $65,000
BERKLEY STUD 3 $98,500 $32,833 $55,000
ESKER LODGE� 6 $96,000 $16,000 $38,000

Leading Vendors by Average (3 or more sold)

Vendor Sold Average Aggregate Top Price
CURRAGHMORE STUD� 3 $37,500 $112,500 $57,500
BERKLEY STUD 3 $32,833 $98,500 $55,000
MAARA GRANGE 5 $27,000 $135,000 $55,000
HALLMARK STUD� 5 $25,000 $125,000 $55,000
THE OAKS STUD 4 $25,000 $100,000 $65,000
WINDSOR PARK STUD� 5 $22,900 $114,500 $34,000
HAUNUI FARM� 4 $22,250 $89,000 $38,000
TWIN PINE THOROUGHBREDS 9 $21,611 $194,500 $42,000
SOLILOQUY LODGE� 3 $16,400 $49,200 $29,000
ESKER LODGE� 6 $16,000 $96,000 $38,000

Leading Sires by Average (3 or more sold)

Sire Sold Average Aggregate Top Price
King's Chapel* 3 $35,000 $105,000 $75,000
Postponed 4 $30,000 $120,000 $42,000
Keeper 3 $25,000 $75,000 $55,000
Storm Creek 3 $23,333 $70,000 $36,000
One Cool Cat* 3 $23,000 $69,000 $32,000
Thorn Park 3 $22,000 $66,000 $34,000
Don Eduardo 3 $21,500 $64,500 $32,500
Handsome Ransom* 6 $20,333 $122,000 $41,000
Volksraad 5 $18,200 $91,000 $30,000
Viking Ruler 4 $16,900 $67,600 $40,000

* First season sire.
Click here to view today's passed in lots and results.