The Value Sale of the World
19 January 2016
One of the biggest attractions of New Zealand Bloodstock’s National Yearling Sales Series is the great value buyers find each year.
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Aerovelocity winning the Group 1 Hong Kong Sprint |
With a combined Sale average of $75,000, the National Yearling Sales Series delivers results that pack plenty of punch with 21 Group 1 winners last season alone.
Last season’s 21 individual Group 1 winners won 25 Group 1 races in five different countries. The total cost of the 21 was just over $3m at an average of $146,056. In total, they have earned over $23m, an average of over $1m each, with purchase prices ranging from just $8,000 through to $700,000.
One of the Group 1 winners was Hong Kong’s Champion Sprinter Aerovelocity (NZ) (Pins) who landed three Group 1 wins last season in the Group 1 Hong Kong Sprint, Japan’s Group 1 Takamatsunomiya Kinen and Singapore’s Group 1 KrisFlyer Sprint. Purchased for NZ$120,000, he has earned NZ$4,853,279 in prizemoney - a phenomenal 40 times his purchase price for trainer Paul O’Sullivan.
“Karaka is the value sale of the world where you can find a horse of the highest class,” commented O’Sullivan.
Three Group 1 winners during this season’s spring came from the Premier Sale, costing a total of NZ$500,000 at an average of NZ$166,000 yet have combined earnings of over A$7.5m – an average of A$2.5m won by each horse.
History making Group 1 Melbourne Cup winner Prince of Penzance (NZ) (Pentire) cost just NZ$50,000 at the Premier Sale and has earned a staggering A$4.4m – 88 times his purchase price.
The Chris Waller trained Preferment (NZ) (Zabeel), winner of the Group 1 Turnbull Stakes this season, cost NZ$190,000 and has earned over A$1.5m - nearly eight times what his ex-pat kiwi trainer bought him for. Stablemate Kermadec (NZ) (Teofilo), winner of the Group 1 George Main Stakes this season, cost NZ$260,000 and has amassed A$2.5m in stakes - eight times more than his purchase price.
The Select Sale continues to produce Group 1 winners from modest outlays. With a Sale average of around $45,000 each year, there have been 27 Group 1 races won by graduates of the Sale over the past three seasons.
The current season has seen a flying start by Select Sale graduates with Mongolian Khan (Holy Roman Emperor) and Tarzino (NZ) (Tavistock) both purchased from the Sale. Together they cost a total of $185,000 and have earned over 35 times that amount.
Multiple Group 1 winner Mongolian Khan has had a brilliant return on investment, after being purchased for NZ$140,000 he has now earned over A$4m, while Group 1 Victoria Derby winner Tarzino cost only NZ$45,000 and has earned over A$1m.
Other examples of brilliant return on investments include Sacred Falls (NZ) (O’Reilly), winner of $4.7m in prizemoney - over 29 times his purchase price of NZ$160,000, and Lucia Valentina (NZ) (Savabeel), a NZ$60,000 purchase that has earned over A$1.6m - 27 times her purchase price.
Dual hemisphere star So You Think (NZ) (High Chaparral) was purchased for just $110,000 at Karaka before winning 10 Group 1 races and earning A$8.9m in prizemoney – over 80 times his purchase price.
New Zealand bred horses are proven Group 1 performers in Australasia but also in Asia.
Along with Aerovelocity, last year’s Singapore Horse of the Year War Affair (NZ) (O’Reilly) was purchased for $90,000 and has earned over $2.5m – 27 times his purchase price.
New Zealand Bloodstock’s National Yearling Sales Series continues to be the place to find Group 1 winning racehorses at great prices.
New Zealand Bloodstock’s National Yearling Sales Series takes place on 25 January – 31 January. The Premier, Select and Festival catalogues are available online now or can be requested from www.reception@nzb.co.nz.