More Fireworks For Final Day of Karaka Premier Sale
2 February 2010
The staggering results of Day One at New Zealand Bloodstock's Premier Sale flowed into Day Two today at Karaka, with a $2 million colt by New Zealand's own champion sire Zabeel eclipsing yesterday's millionaire lot.
The third-equal highest price ever to go through the Karaka sale ring, Lot 373 from the Danehill mare Diamond Like was knocked down to the bid of Sydney-based bloodstock agent James Bester.
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2010 Karaka Premier $2 millionSale-topper - Lot 373 by Zabeel from Diamond Like. |
Bester was glowing in his praise for the colt from Cambridge Stud.
"What attracted me to this colt was his quality. Physically he's the best yearling I have ever seen in the southern hemisphere.
"Chiefly I buy on conformation and this colt was exceptional, but to also present with the best page in the sale is extraordinary. Zabeel on Danehill is outstanding, and a very fast mare more to the point to counter Zabeel's staying influence.
"It was easy to spend that sort of money when you know the background the horse has had, and being from Cambridge Stud, from that family, I had every confidence."
Bester purchased the colt for a small group of Australian owners who race horses with a number of trainers and are yet to decide the lucky stable that this colt will join.
One of Lot 373's underbidders, David Ellis, was more successful later on in the sale when he secured Lot 431 for the second highest price of the day at $1,300,000.
The Redoute's Choice three-quarter brother to Darci Brahma offered by Pencarrow Stud will form part of a syndicate of four colts purchased by Ellis over the past two days.
Ellis was equally enamoured with both of today's top colts.
"They were both outstanding colts prepared by the best studs in the southern hemisphere and it was impossible for me to split them. But I'm thrilled to have got this one. He has the same qualities as Darci Brahma and has been a beautiful individual since the day he was born.
"It has been extremely hard work competing with the Aussies over the last couple of days. The sale has been incredibly strong but we're delighted with our selection."
The strength of the Karaka sale was evidenced by another set of remarkable figures from today's trade, with the final average the second highest in history at $183,119, up 26% on last year's $145,710.
Turnover was up a massive $10 million for fewer horses sold, representing a 22.5% increase from $53,330,000 to $63,373,500.
The sale median ended up at $135,000, up 35% on last year's $100,000, and the clearance rate climbed steadily to 79%, ahead of last year's 77%.
With a buying bench stacked full of international buyers, it was kiwis Graeme Rogerson and David Ellis who took top honours.
Rogerson Bloodstock was back to the prominence seen in years past, ending the day as the leading Premier Sale buyer by almost $1 million with 19 yearlings bought for $4,350,000. Rogerson's top price was $500,000, paid for the Encosta de Lago colt from Liberty Walk bought early in the sale at Lot 15.
The second top buyer was New Zealand's David Ellis of Te Akau Racing, who purchased 14 yearlings for $3,375,000 at an average of $241,071.
Bolting up the buyers list today was Melbourne trainer Danny O'Brien who bought 12 yearlings for $2,265,000 for an average of $188,750. His top price came at Lot 288, a Pins colt from Group 1 winning Zabeel mare, Bazelle, for $380,000.
Peter Moody bought another three today to bring his tally to 15 for $2,250,000 for 15 horses.
Accompanying them on the list of buyers who spent in excess of $1 million on their Karaka buys were Australian buyers Patinack Farm, Gai Waterhouse, James Bester, DGR Thoroughbreds, Hawkes Racing, Mark Kavanagh, Bart Cummings, plus the Hong Kong Jockey Club, International Bloodstock Consultants and Jayven See.
The leading vendor by aggregate for the 28th year in a row was Sir Patrick Hogan's Cambridge Stud with 40 yearlings sold for just under $10 million at an average of $248,588.
Next was Gordon Cunningham's Curraghmore Stud, with 28 horses sold for $6,655,000.
The leading vendor by average was Tom & Shelley Murtagh's Esker Lodge, responsible for yesterday's million dollar Lot 102. The stud sold eight yearlings for $2.41m at an average of $301,250.
Brighthill Farm's Group 1 winning son of More Than Ready, Perfectly Ready edged in to be the leading first season sire with four sold for an average of $150,000. Topping his offering was Lot 160, a colt from Rich Hill Stud who sold for $290,000 to NZB as agent.
New Zealand Bloodstock Co-Managing Director Petrea Vela says the Premier session has been a huge success.
"We couldn't be happier with the results of the past two days. There are a lot of delighted vendors at Karaka tonight who have had their expectations completely surpassed. The strength of the buying bench has been thoroughly overwhelming and has demonstrated to us the hot demand there is for the product we offer here.
"There's still five days to go but we are thrilled with the outcome of the Premier Sale and are very grateful to both buyers and sellers for their support to post such successful results for the industry."
Selling continues at Karaka tomorrow with the first lot of the 2010 Select Sale at 11am. Selling can be viewed live online at www.nzb.co.nz.
2010 Premier Yearling Sale Statistics
| 2010 | 2009 | |
|---|---|---|
| Average | $183,119 | $145,710 |
| Aggregate | $65,373,500 | $53,330,000 |
| Median | $135,000 | $100,000 |
| Lots Catalogued | 483 | 503 |
| Lots Sold | 357 | 366 |
| Clearance Rate | 79% | 77% |
| 2010 Top Price - Zabeel x Diamond Like Colt (Lot 373) $2,000,000 | ||
| 2009 Top Price - Encosta de Lago x Giovana Colt (Lot 7) -$800,000 | ||
| 2008 Top Price - Redoute's Choice x Popsy Colt (Lot 299) $1,400,000 | ||
| 2007 Top Price - Zabeel x Sunline Colt (Lot 411) $2,000,000 | ||
Top Lots
| Lot | Type | Breeding | Vendor | Purchaser | Price |
|---|---|---|---|---|---|
| 373 | B.C | Zabeel / Diamond Like | CAMBRIDGE STUD | JAMES BESTER BLOODSTOCK (NSW) | $2,000,000 |
| 431 | B.C | Redoute's Choice / Grand Echezeaux | PENCARROW STUD | MR DC ELLIS (TE AKAU) | $1,300,000 |
| 102 | B.C | Fastnet Rock / Popsy | ESKER LODGE | MR J SEE (SINGAPORE) | $1,000,000 |
| 111 | B.F | Pins / Procure | WHAKANUI STUD | MRS GM WATERHOUSE (NSW) | $650,000 |
| 189 | B.F | O'Reilly / Star Affair | PHOENIX PARK | WAIKATO STUD (MATAMATA) | $600,000 |
| 267 | BR.C | Pentire / Amritsar Jet | RICH HILL THOROUGHBREDS | MR H KANEKO (AUCKLAND) | $600,000 |
| 40 | B.C | Zabeel / Markisa | WENTWOOD GRANGE | DGR THOROUGHBRED SERVICES (NSW) | $575,000 |
| 15 | B.C | Encosta de Lago / Liberty Walk | HAUNUI FARM | ROGERSON BLOODSTOCK (HAMILTON) | $500,000 |
| 113 | B.C | Encosta de Lago / Push a Venture | CURRAGHMORE STUD | MAGUS EQUINE (HONG KONG) | $500,000 |
| 264 | C.F | Encosta de Lago / Allez France | CURRAGHMORE STUD | HAWKES RACING (NSW) | $500,000 |
| 266 | B.C | Encosta de Lago / Amanusa | CURRAGHMORE STUD | MR AS NG (HONG KONG) | $500,000 |
Leading Purchasers by Aggregate
| Purchaser | Bought | Aggregate | Average | Top Price |
|---|---|---|---|---|
| ROGERSON BLOODSTOCK | 19 | $4,350,000 | $228,947 | $500,000 |
| MR DC ELLIS | 14 | $3,375,000 | $241,071 | $1,300,000 |
| NZB as agent | 16 | $2,447,500 | $152,969 | $400,000 |
| O'BRIEN THOROUGHBREDS | 12 | $2,265,000 | $188,750 | $380,000 |
| MOODY RACING PTY LTD | 15 | $2,250,000 | $150,000 | $260,000 |
| PATINACK FARM PTY LTD | 9 | $2,150,000 | $238,889 | $400,000 |
| MRS GM WATERHOUSE | 6 | $2,080,000 | $346,667 | $650,000 |
| JAMES BESTER BLOODSTOCK | 1 | $2,000,000 | $2,000,000 | $2,000,000 |
| DGR THOROUGHBRED SERVICES | 6 | $1,945,000 | $324,167 | $575,000 |
| HAWKES RACING | 6 | $1,830,000 | $305,000 | $500,000 |
Leading Vendors by Aggregate
| Vendor | Sold | Aggregate | Average | Top Price |
|---|---|---|---|---|
| CAMBRIDGE STUD | 40 | $9,943,500 | $248,588 | $2,000,000 |
| CURRAGHMORE STUD | 28 | $6,655,000 | $237,679 | $500,000 |
| WAIKATO STUD | 33 | $4,207,500 | $127,500 | $350,000 |
| PENCARROW STUD | 15 | $4,145,000 | $276,333 | $1,300,000 |
| TRELAWNEY STUD | 21 | $3,717,500 | $177,024 | $350,000 |
| WINDSOR PARK STUD LTD | 26 | $3,697,500 | $142,212 | $420,000 |
| RICH HILL THOROUGHBREDS LTD | 18 | $3,315,000 | $184,167 | $600,000 |
| HAUNUI FARM LTD | 12 | $2,485,000 | $207,083 | $500,000 |
| ESKER LODGE LTD | 8 | $2,410,000 | $301,250 | $1,000,000 |
| THE OAKS STUD | 16 | $2,205,000 | $137,813 | $480,000 |
Leading Vendors by Average (three or more sold)
| Vendor | Sold | Average | Aggregate | Top Price |
|---|---|---|---|---|
| ESKER LODGE LTD | 8 | $301,250 | $2,410,000 | $1,000,000 |
| PENCARROW STUD | 15 | $276,333 | $4,145,000 | $1,300,000 |
| WENTWOOD GRANGE | 8 | $262,500 | $2,100,000 | $575,000 |
| CAMBRIDGE STUD | 40 | $248,588 | $9,943,500 | $2,000,000 |
| LONGLANDS STUD LTD | 3 | $243,333 | $730,000 | $450,000 |
| WELLFIELD LODGE | 8 | $240,625 | $1,925,000 | $420,000 |
| CURRAGHMORE STUD LTD | 28 | $237,679 | $6,655,000 | $500,000 |
| WHAKANUI STUD LTD | 6 | $235,000 | $1,410,000 | $650,000 |
| HAUNUI FARM LTD | 12 | $207,083 | $2,485,000 | $500,000 |
| PHOENIX PARK | 5 | $199,000 | $995,000 | $600,000 |
Leading Sires by Average (three or more sold)
| Sire | Sold | Average | Aggregate | Top Price |
|---|---|---|---|---|
| Redoute's Choice | 7 | $454,286 | $3,180,000 | $1,300,000 |
| Zabeel | 41 | $315,732 | $12,945,000 | $2,000,000 |
| Encosta de Lago | 13 | $306,923 | $3,990,000 | $500,000 |
| Fastnet Rock | 11 | $294,545 | $3,240,000 | $1,000,000 |
| Flying Spur | 4 | $270,000 | $1,080,000 | $325,000 |
| Fusaichi Pegasus | 4 | $210,000 | $840,000 | $260,000 |
| Elusive City | 3 | $203,333 | $610,000 | $260,000 |
| Starcraft | 7 | $201,429 | $1,410,000 | $360,000 |
| Pins | 39 | $182,628 | $7,122,500 | $650,000 |
| Pentire | 16 | $180,000 | $2,880,000 | $600,000 |
Leading First Season Sires by Average(three or more sold)
| First Season Sire | Sold | Average | Aggregate | Top Price |
|---|---|---|---|---|
| Perfectly Ready | 4 | $150,000 | $600,000 | $290,000 |
| Darci Brahma | 36 | $140,972 | $5,075,000 | $480,000 |
| Holy Roman Emperor | 5 | $97,000 | $485,000 | $200,000 |
| Nadeem | 6 | $92,500 | $555,000 | $160,000 |
| Lucky Unicorn | 6 | $68,083 | $408,500 | $130,000 |
| Fast 'n' Famous | 6 | $65,833 | $395,000 | $100,000 |