$210,000 Merchant Navy Colt Tops MM Weanlings Day Two

Media Release - Friday July 31

A colt by exciting first season sire Merchant Navy topped Day Two of the 2020 Magic Millions National Weanling Sale at the Gold Coast today.

The colt gave vendor Rothwell Park Thoroughbreds the honour of selling the top priced lot on both sale days when he sold for $210,000.

The day's top seller is the first foal of the Sydney winning Rip Van Winkle mare Awoke who herself ran fourth in a Group One Flight Stakes and is a half sister to the group winner Cismontane.

Top lot on Friday was this Merchant Navy colt.

When the auctioneer's gavel fell it was Fergal Connolly of Valiant Stud who outlasted all other bidders with his $210,000 offer. 

"It's great to be here on the Gold Coast to see the quality weanlings on offer and I have to commend all the vendors who have turned out their horses in excellent condition particularly the last two drafts we've purchased form, Rothwell Park and Aquis Farm. The horses looked outstanding."

"We're very excited to have a Fastnet Rock filly going forward and a Merchant Navy colt."

"It is so good to actually work with Merchant Navy again being so close to the family having worked at Segenhoe for years. Having him foal there and watching his racing career, I've been very close to the whole process."

"They are very good solid conformed types," Connolly said of the Merchant Navy stock. "This colt moved very well and I thought he'd appeal to so many people with his family being very up to date and modern. He’s a standout colt for me with the way he moved."

Valiant's other high profile purchase on the day was Lot 1024 - the Fastnet Rock filly from an unraced Street Cry half sister to star mare Ghisoni and daughter of Portillo - for $160,000.

"The way the economy is at the minute I think we all foresee a little bit of a drop off in the market but outstanding types will always sell."

"Trainers will always want the nice horses, so I am confident that the horses we’ve purchased, for that reason, will meet the market," Connolly added.

Another weanling to feature on Day Two was Lot 947 - Newgate's Russian Revolution colt from Silent Cash who was purchased by Cangon and Sledmere Stud for an even $200,000. The colt is a half brother to group winner Get the Nod. 

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Yesterday's top selling Zoustar-Miss Husson colt was the clear sale topper with his price of $410,000 retaining top spot on the high selling list for vendor Rothwell Park Thoroughbreds and buyer Segenhoe Stud. 

Across the two days of selling the National Weanling Sale rounded out with a gross of $7,707,000 and average price of $41,435 for 186 lots sold at a clearance rate of over 72 per cent.

"When you look at what is going on in the world I am satisfied with the results," Magic Millions Managing Director Barry Bowditch said. "Although I did expect there to be a little bit more strength in the middle end than what there was."

"On the whole, the good horses sold seriously well and there were plenty of bids on the right product. As we've seen in all sales this year, anything that was off the pace seems to struggle a little bit more than it used to and I guess that is understandable."

"Vendors are very happy with the way the sale went and all-in-all they have come here looking to meet the market and in most cases they have."

"The whole week has just been hugely positive for the industry, having the buoyancy in the race fillies and broodmare section and obviously we traded some weanlings for very good prices."

"The weanlings that were passed in, breeders have other options to sell them over the next 12 months and you would think we would see them back at yearling sales next year, but obviously we will be working to sell as many as possible over the next few days," Bowditch added. 

To view the results of the National Weanling Sale and to make an offer on a passed in lot click here.

Attention now turns to the National Yearling Sale which commences on Monday at 10am (AEST) and continues on Tuesday and on Day Two will be followed by the National Racehorse Sale.  Both sales are complemented by the Estate of the Late Eduardo Cojuangco Sale.

SALE STATISTICS
(2019 in brackets)

Lots Catalogued: 340 (686)
Lots Sold: 186 (439)
Lots Passed In: 71 (126)
Lots Withdrawn: 83 (121)
Sale Gross: $7,707,000 ($27,876,000)
Average Price: $41,435 ($63,499)
Top Price: $410,000 ($480,000)
Median Price: $24,500 ($36,000)
Sold %: 72.4 (78)

DAY TWO TOP SELLERS

$210,000 - Merchant Navy-Awoke colt (Lot 1030)
Vendor: Rothwell Park T'breds (As Agent) / Buyer: Valiant Stud Pty Ltd (NSW)

$200,000 - Russian Revolution-Silent Cash colt (Lot 947)
Newgate Consignment (As Agent) / Cangon/Sledmere Stud (NSW)

$160,000 - Fastnet Rock-Antillance filly (Lot 1024)
Aquis Farm Operations (As Agent) / Valiant Stud Pty Ltd (NSW)

$140,000 - Pierro-Cosmic Powers colt (Lot 1066)
Newgate Consignment (As Agent) / Jimmy Frank (NSW)

$135,000 - Sebring-Belle du Coeur filly (Lot 1035)
Aquis Farm Operations (As Agent) / Steven & Gillian Madge/Sheamus Mills B'stock (NSW)

WEANLING SALE TOP SELLERS

$410,000 - Zoustar-Miss Husson colt (Lot 879)
Vendor: Rothwell Park T'breds (As Agent) / Buyer: Segenhoe Stud (NSW)

$230,000 - Written Tycoon-Matildare filly (Lot 868)
Aquis Farm Operations (As Agent) / Lime Country T'breds/James Bester B'stock (NSW)

$210,000 - Merchant Navy-Awoke colt (Lot 1030)
Rothwell Park T'breds (As Agent) / Valiant Stud Pty Ltd (NSW)

$200,000 - Dundeel-Marquise da Rossa colt (Lot 865)
Phoenix Broodmare Farm (As Agent) / James Carey (NSW)

$200,000 - Russian Revolution-Silent Cash colt (Lot 947)
Newgate Consignment (As Agent) / Cangon/Sledmere Stud (NSW)

LEADING BUYERS
(ranked by total spend)

$450,000 - Lime Country T'breds/James Bester B'stock - 4 lots
$436,000 - Segenhoe Stud - 2 lots
$422,000 - Valiant Stud Pty Ltd - 3 lots
$340,000 - Jazcom T'breds Pty Ltd - 5 lots
$320,000 - Suman Hedge B'stock/Grant B'stock - 3 lots

LEADING VENDORS
(ranked by gross)

$1,618,000 - Aquis Farm Operations - 46 sold
$1,586,500 - Rothwell Park T'breds - 20 sold
$824,000 - Sledmere Stud - 11 sold
$502,000 - Newgate Consignment - 5 sold
$338,500 - Phoenix Broodmare Farm - 10 sold

LEADING VENDORS
(ranked by average - 3 or more sold)

$100,400 - Newgate Consignment - 5 sold
$79,325 - Rothwell Park T'breds - 20 sold
$74,909 - Sledmere Stud - 11 sold
$60,833 - Milburn Creek - 3 sold
$49,200 - Yulong - 5 sold
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