Karaka 2024 Final Results

9 February 2024

Lot 21 was knocked down for a record-breaking $1.6 million.

After an action-packed six days of trading at Karaka 2024, results have been accumulated from the incredible Book 1 and Book 2 yearling sessions held from 28 January to 2 February at the Karaka Sales Centre.

A late flurry during the final day of Book 2 rounded out what was a record-breaking Book 1 session, with all key sale indicators up significantly across the combined sessions.

While Australian spend was up 10%, the domestic buying bench was also strong following the ongoing positive industry announcements and new initiatives from NZTR and Entain.

Over six days of selling at Karaka 2024, 758 yearlings sold for an aggregate of $92,322,500, an increase of over 12% on last year’s figure. The combined average has risen from $110,424 to $121,797 and the median increased from $80,000 to $87,500. The combined clearance rate was on par at 77% .

The highlight of the week was the $1,600,000 purchase by Moody Racing (Lot 21). The Proisir filly out of Donna Marie (NZ) was purchased from the Baker family's Hallmark Stud operation and is the highest priced filly to be sold at Karaka.

The Guy Mulcaster and Chris Waller combination purchased the second highest-priced lot for $900,000, a Satono Aladdin filly out of Inthespotlight (NZ) (Lot 144) from Rich Hill Stud.  The Australian-based ex-pat Kiwis were the second leading buyers at Karaka, securing 13 lots for $4,300,000.

The leading buyer for the nineteenth consecutive year was Karaka kingpin David Ellis of Te Akau Racing, who purchased 29 yearlings for a total spend of $6,345,000.

2024 TAB Karaka Millions 3YO winner Orchestral (NZ) with winning connections

The well-attended week of selling was kicked off by the running of the TAB Karaka Millions raceday held at Ellerslie Racecourse.

Velocious (NZ) took out the $1m TAB Karaka Millions 2YO (1200m) for Go Racing and Stephen Marsh, while Orchestral (NZ) completed the $1.5m TAB Karaka Millions 3YO double for trainers Roger James and Robert Wellwood. 

The richest sporting event on the calendar also generated a record turnover of $9.5 million wagered on the meeting.

NZB’s Managing Director Andrew Seabrook commented on the final results.

“We were thrilled by the wonderful results across the entire Sale, particularly Book 1 and the final day of Book 2.”

“To deliver a 12% increase in turnover back to the industry is very pleasing and a sign of what is to come with the good news of late.

“It is very encouraging that early feedback from New Zealand trainers, agents and syndicators is that they are selling their yearlings at record pace.

“Our thanks goes out to the vendors, preparers, buyers and underbidders who all combined to make the 2024 edition of Karaka one to remember.”

All yearlings purchased at Karaka 2024 are eligible to be nominated for NZB’s lucrative Karaka Millions Series, featuring the $1m TAB Karaka Millions 2YO, $1.5m TAB Karaka Millions 3YO and two new $200,000 bonuses. To nominate your yearling, contact finance@nzb.co.nz or call +64 9 298 0055. Entries close Monday 4 March 2024.

To enquire about Passed Lots contact Patrick Cunningham on +64 21 181 5898 or email Patrick.Cunningham@nzb.co.nz, or Andrew Buick on +64 27 555 0640 or email Andrew.Buick@nzb.co.nz.

Revisit all the video highlights and Lot-by-Lot footage from Karaka 2024 here.

View the Passed Lots for each catalogue here:
Book 1
Book 2

Upcoming NZB Sale Calendar

 

Final Karaka 2024 Combined Final Statistics
  2024 2023 2022 2021 2020
Aggregate $92,297,500 $82,158,500 $74,382,500 $60,996,500 $78,458,188
Average $121,925 $110,726 $106,109 $94,276 $91,443
Median $90,000 $80,000 $70,000 $62,500 $55,000
Clearance 77% 77% 75% 82% 76%
Catalogued 1125 1079 1103 918 1265
Withdrawn 141 121 156 127 143
Offered 984 958 947 791 1122
Passed 227 216 246 144 264
Lots Sold 757 742 701 647 858
Top Price $1,600,000 $1,000,000 $1,000,000 $800,000 $900,000

 

Final Karaka 2024 Statistics by Catalogue
  BOOK 1 TOTAL BOOK 2 TOTAL
Aggregate $80,693,000 $11,604,500
Average $166,035 $42,821
Median $120,000 $32,500
Clearance 80% 72%
Catalogued 682 443
Withdrawn 75 66
Offered 607 377
Passed 121 106
Lots Sold 486 271
Top Price $1,600,000 $220,000

 

Karaka 2024 Combined Top 20 Lots
Lot Sire Dam Sex Vendor Purchaser Price
0021 Proisir Donna Marie Filly Hallmark Stud Moody Racing $1,600,000
0144 Satono Aladdin Inthespotlight Filly Rich Hill Stud Chris Waller / Mulcaster Bloodstock $900,000
0360 Snitzel Rondinella Colt Haunui Farm Mr DC Ellis CNZM (BAFNZ) $825,000
0513 Wootton Bassett Via Napoli Filly Curraghmore Belmont Bloodstock Agency (FBAA) / Cheung Shun Ching $800,000
0055 Zoustar Evalina Colt Elsdon Park Jamie Richards / Andrew Williams Bloodstock $725,000
0146 Super Seth Irion Colt Pencarrow Stud Patella Bloodstock $700,000
0210 Kingman Marsden Cross Colt Pencarrow Stud The Hong Kong Jockey Club $650,000
0442 Savabeel Stolen Gem Filly Haunui Farm Sheamus Mills Bloodstock $650,000
0409 Savabeel Simply You Colt Waikato Stud Ltd The Hong Kong Jockey Club $620,000
0479 Savabeel Thee Auld Floozie Filly Jamieson Park Bruce Perry Bloodstock (BAFNZ) $620,000
0480 Proisir The Fairy's Kiss Filly Kilgravin Lodge Gandharvi $600,000
0062 Justify Fair Isle Filly Pencarrow Stud Chris Waller / Mulcaster Bloodstock $550,000
0562 Savabeel Alam Mo Na Colt Little Avondale Stud Bjorn Baker Racing / Clarke Bloodstock (FBAA) $525,000
0224 I Am Invincible Midnight Revels Colt Highline Thoroughbreds Mr DC Ellis CNZM (BAFNZ) $510,000
0142 Wootton Bassett Influencer Colt Haunui Farm Chris Waller / Mulcaster Bloodstock $500,000
0397 Per Incanto She's Apples Colt Riversley Park Ltd Jamie Richards / Andrew Williams Bloodstock $500,000
0630 Deep Field Californiasurprise Colt Kaha Nui Farm Jamie Richards / Andrew Williams Bloodstock $500,000
0237 Savabeel Miss Opulence Colt Riversley Park Ltd Group 1 Bloodstock Pty Ltd $460,000
0482 Proisir The Pearler Filly Phoenix Park China Horse Club Racing Pty Ltd $460,000
0661 Satono Aladdin Cold Shoulder Colt Landsdowne Park Ltd Ballymore Stables / Paul Moroney Bloodstock / Catheryne Bruggeman $460,000

 

 

Karaka 2024 Combined Leading Purchasers by Aggregate
Purchaser Bought Aggregate Top Price Top Lot
Mr DC Ellis CNZM (BAFNZ) 29 $6,345,000 $825,000 360
Chris Waller / Mulcaster Bloodstock 13 $4,300,000 $900,000 144
The Hong Kong Jockey Club 8 $2,700,000 $650,000 210
Moody Racing 4 $2,460,000 $1,600,000 21
Jamie Richards / Andrew Williams Bloodstock 6 $2,370,000 $725,000 55
KPW Bloodstock 12 $2,120,000 $360,000 308
Wexford Stables 13 $2,070,000 $280,000 285
Go Racing Ltd / Blandford Bloodstock 10 $1,585,000 $300,000 295
Bruce Perry Bloodstock (BAFNZ) 6 $1,545,000 $620,000 479
Ballymore Stables / Paul Moroney Bloodstock / Catheryne Bruggeman 13 $1,543,500 $460,000 661
Stephen Marsh Racing / Dylan Johnson Bloodstock 7 $1,390,000 $425,000 218
John Foote Bloodstock 10 $1,327,500 $260,000 506
Mr RA James / Mr R Wellwood 8 $1,300,000 $360,000 63
Pike Racing 7 $1,300,000 $400,000 138
Patella Bloodstock 3 $1,133,000 $700,000 146
John O'Shea Racing / James Bester Bloodstock 6 $1,005,000 $325,000 448
Tartan Meadow Bloodstock 7 $973,500 $250,000 100
Bjorn Baker Racing / Clarke Bloodstock (FBAA) 4 $895,000 $525,000 562
Proven Thoroughbreds / Pride Racing 4 $870,000 $350,000 467
Cambridge Stud 4 $840,000 $300,000 675

 

Karaka 2024 Combined Leading Vendors by Aggregate
Vendor Offered Sold Aggregate Average Top Price Top Lot
Waikato Stud Ltd 74 59 $8,730,000 $147,966 $620,000 409
Haunui Farm 55 48 $5,790,000 $120,625 $825,000 360
Cambridge Stud 35 35 $5,580,000 $159,429 $425,000 438
Rich Hill Stud 43 31 $4,764,500 $153,694 $900,000 144
Pencarrow Stud 22 19 $4,300,000 $226,316 $700,000 146
Curraghmore 26 24 $4,220,000 $175,833 $800,000 513
Windsor Park Stud 52 36 $3,874,500 $107,625 $300,000 269
Elsdon Park 15 14 $3,800,000 $271,429 $725,000 55
Hallmark Stud 18 16 $3,468,500 $216,781 $1,600,000 21
Landsdowne Park Ltd 38 28 $3,362,000 $120,071 $460,000 661
Wentwood Grange 36 32 $3,240,000 $101,250 $260,000 280
Little Avondale Stud 27 21 $2,894,000 $137,810 $525,000 562
Riversley Park Ltd 13 13 $2,885,000 $221,923 $500,000 397
Trelawney Stud Ltd 16 14 $2,520,000 $180,000 $400,000 138
Carlaw Park 19 16 $2,515,000 $157,188 $320,000 97
Westbury Stud 50 30 $2,467,500 $82,250 $160,000 580
Kilgravin Lodge 27 19 $2,323,000 $122,263 $600,000 480
Milan Park 22 17 $1,972,000 $116,000 $425,000 16
Jamieson Park 19 14 $1,960,000 $140,000 $620,000 479
Inglewood Stud 14 13 $1,750,000 $134,615 $300,000 295

 

Karaka 2024 Combined Leading Vendors by Average (three or more sold)
Vendor Offered Sold Average Top Price Top Lot
Elsdon Park 15 14 $271,429 $725,000 55
Kaha Nui Farm 7 6 $228,333 $500,000 630
Pencarrow Stud 22 19 $226,316 $700,000 146
Riversley Park Ltd 13 13 $221,923 $500,000 397
Hallmark Stud 18 16 $216,781 $1,600,000 21
Trelawney Stud Ltd 16 14 $180,000 $400,000 138
Curraghmore 26 24 $175,833 $800,000 513
Prima Park 5 4 $165,000 $260,000 391
Cambridge Stud 35 35 $159,429 $425,000 438
Carlaw Park 19 16 $157,188 $320,000 97
Rich Hill Stud 43 31 $153,694 $900,000 144
Waikato Stud Ltd 74 59 $147,966 $620,000 409
Jamieson Park 19 14 $140,000 $620,000 479
Blandford Lodge 12 8 $138,875 $280,000 285
Little Avondale Stud 27 21 $137,810 $525,000 562
Inglewood Stud 14 13 $134,615 $300,000 295
Phoenix Park 18 13 $124,423 $460,000 482
Kilgravin Lodge 27 19 $122,263 $600,000 480
Haunui Farm 55 48 $120,625 $825,000 360
Landsdowne Park Ltd 38 28 $120,071 $460,000 661

 

Karaka 2024 Combined Leading Sires by Average (three or more sold)
Sire Offered Sold Average Top Price Top Lot
Snitzel 3 3 $475,000 $825,000 360
Wootton Bassett 9 7 $328,571 $800,000 513
Justify 5 4 $327,500 $550,000 62
Proisir 35 29 $266,552 $1,600,000 21
Savabeel 49 42 $260,000 $650,000 442
So You Think 7 7 $205,000 $400,000 94
Capitalist 3 3 $196,667 $260,000 309
Written Tycoon 3 3 $196,667 $250,000 553
Satono Aladdin 21 19 $191,842 $900,000 144
Pierro 3 3 $176,667 $240,000 148
The Autumn Sun 5 3 $168,333 $240,000 130
Per Incanto 43 30 $165,500 $500,000 397
Hello Youmzain 44 40 $153,150 $425,000 438
Ardrossan 18 14 $148,821 $390,000 275
Written By 5 3 $143,333 $180,000 116
Toronado 3 3 $138,333 $240,000 152
Blue Point 4 4 $136,250 $215,000 182
Super Seth 39 32 $134,344 $700,000 146
King's Legacy 9 9 $128,611 $260,000 74
Russian Revolution 4 3 $127,500 $180,000 205

 

Karaka 2024 Combined First Season Sires by Average (three or more sold)
Sire Offered Sold Average Top Price Top Lot
Wootton Bassett+ 9 7 $328,571 $800,000 513
Hello Youmzain* 44 40 $153,150 $425,000 438
King's Legacy 9 9 $128,611 $260,000 74
Russian Camelot 5 3 $110,333 $250,000 33
Ancient Spirit* 4 4 $92,500 $160,000 1081
Bivouac 9 7 $89,286 $130,000 307
Circus Maximus* 41 25 $83,000 $200,000 399
Anders 5 4 $55,500 $100,000 612
Fierce Impact 3 3 $34,167 $40,000 849
Banquo 4 4 $29,500 $41,000 1043
King of Comedy* 18 12 $23,333 $60,000 322

+First Southern Hemisphere crop
*First season sire based in NZ.