Booming MM March Yearling Sale Concludes

Media Release - Wednesday March 18
A pair of outstanding colts shared the honours as prices soared with the 2015 Magic Millions Gold Coast March Yearling Sale declared a "roaring success" after another great of selling on Tuesday.

Thanks to a revitalised QTIS scheme, increased prizemoney and the announcement of Australia's richest raceday including a $1 million QTIS feature, the sale gross rose 57 per cent on last year's auction and the average price climbed over 36 per cent. The clearance rate was a record for the March Yearling Sale at 81 per cent.

Turffontein colt from KidnapperYoungsters by Turffontein and Northern Meteor topped the day's proceedings and rounded out the sale with the honour of being joint sale toppers when selling for $170,000.

Top Brisbane trainer Kelly Schweida secured his top pick of the sale, the Turffontein half-brother to his talented stable runners Cape Kidnappers and Tiger Dimejan early on Tuesday afternoon.

Catalogued as lot 270, the bay colt was presented at the sale by Glenlogan Park. He is the seventh foal of the city winning and top producing Red Ransom mare Kidnapper.

"He's a very nice horse and I'm delighted to be able to purchase him," Schweida said. "He will be syndicated amongst owners of Cape Kidnappers and Tiger Dimejan and other stable clients."

"I've had some good luck with the family and (his mutliple stakes winning half brother) Cape Kidnappers is probably my favourite horse in the stable."

"I was delighted to be able to secure a colt by Turffontein - I tried to buy Fontiton - so let's hope this colt can do the job," Schweida added.

Northern Meteor colt from Rose IslandMeanwhile, Lot 391, the Northern Meteor-Rose Island colt from the draft of Wattle Brae Stud sold late in the evening for $170,000 to leading trainer Barry Baldwin.

The colt is the third foal of the lightly raced Fusaichi Pegasus mare Rose Island - a half sister to group performer Bound to Blush. He hails from the same family as Group One winner Keeper.

"He's a nice, neat colt who looks the ideal horse for next year's Magic Millions (2YO Classic)," Baldwin said.

"I saw the colt in the early days at the stud and he's really developed into a lovely individual."

"There are no more Northern Meteors coming and I was very keen to get him."

"I train the half brother Great Inaque and he's already won four races and he should have another couple of wins in him as well," Baldwin added.

The colt was born and raised at Wattle Brae Stud and left the farm for the first time to come to the sale.

David Mee's Pinhook Bloodstock joined with leading Toowoomba trainer Tony Sears to secure Missy Longstocking's full brother from Lyndhurst Stud Farm (Lot 289) for $120,000 - the third top seller of the day.

The chestnut colt, catalogued as Lot 289, is the fourth live foal of the three time winning Thunder Gulch mare Linyanti. Like his full sister, the colt is by Sequalo.

Another highlight was the sale of Banchory Thoroughbreds' Written Tycoon-Nemcova colt for $90,000 to well known racing identity Norm "Whopper" Stephens on what was his 84th birthday.

At the close of the sale over $8.68 million (up 57% on 2014) was traded on 297 lots sold at an average price of $29,227 (up 36%) the clearance rate soared to 81 per cent - well up on the 69 per cent recorded last year.

"It's been a staggering sale from start to finish," Magic Millions Managing Director Vin Cox said. "By every measure the sale is a roaring success."

"The success of the sale can be wholly attributed to the prizemoney increases in Queensland racing.

Since Kevin Dixon and his team have taken over Racing Queensland there has been a seismic shift in the attitude of all participants."

"The beneficiaries in this case have been the breeders, however the purchasers will be handsomely rewarded with prizemoney in the years to come. The results should give the breeders some purpose and direction to invest in the future."

To view the sale results and to make an offer on a passed in lot click here.

SALE STATISTICS
(2014 in brackets)
Lots Catalogued: 396 (401)
Sale Gross: $8,680,500 ($5,541,000)
Average Price: $29,227 ($21,447)
Top Price: $170,000 ($105,000)
Lots Sold: 297 (258)
Lots Withdrawn: 27 (27)
Lots Passed In: 71 (116)
Sold %: 81 (69)

DAY TWO TOP SELLERS

$170,000 - Turffontein-Kidnapper bay colt (Lot 270)
Vendor: Glenlogan Park (As Agent) / Buyer: Kelly Schweida (Qld)

$170,000 - Northern Meteor-Rose Island bay colt (Lot 391)
Wattle Brae Stud (As Agent) / Barry Baldwin (Qld)

$120,000 - Sequalo-Linyanti chestnut colt (Lot 289)
Lyndhurst Stud Farm / David Mee - Pinhook Bloodstock/Tony Sears Racing (Qld)

$120,000 - Savabeel-Monaliesha bay colt (Lot 325)
Oakwood Farm (As Agent) / Magic Millions as agent (Qld)

$90,000 - Written Tycoon-Nemcova chestnut colt (Lot 333)
Banchory Thoroughbreds (As Agent) / Norm Stephens (Qld)

LEADING BUYERS
(ranked by total spend)
$1,632,000 - Magic Millions as agent - 55 lots
$330,500 - Tony Gollan Racing - 7 lots
$220,000 - Kelly Schweida - 3 lots
$219,000 - Bryan Guy - 5 lots
$218,000 - Paul Willetts/Robert Heathcote - 7 lots

MM Release

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