FBAA kicks off with a strong sale & plans for an impactful 2024

Media Release - Friday January 19

The Federation of Bloodstock Agents Australia (FBAA) has commenced the year on a high note, with member’s marking a significant impact at the Magic Millions Yearling Sale, contributing to 20% of the gross in Book 1.

Federation Of Bloodstock Agents Australia

As the year unfolds, the FBAA is poised to continue its commitment to its core values of education, transparency, and accountability.

Here is a glimpse into our plans laid out for the year ahead.

Advertisement
  • Launch of the FBAA Mentorship Program: The FBAA Mentorship Program will be launched next month, a strategic initiative designed to foster the growth and development of emerging talent in the bloodstock industry.
  • Continued Education Day: Building on the resounding success of the 2023 event, the FBAA Continued Professional Development Day is set to return in 2024 with an impressive line-up of speakers. The event delivers invaluable insights around areas such as equine health, innovation, welfare, business development and international market trends, coinciding with the day after the Easter Yearling Sale in Sydney.
  • Enhancing transparency: In a concerted effort to elevate the standards of integrity and transparency in bloodstock transactions, the FBAA will continue its collaborative endeavours with the sales companies, following on from the disclosure of rigs and scope notification changes that began at Magic Millions this month.

Key focus areas include:

  1. Ensuring the transparent disclosure of buyer names at public auctions.
  2. Spearheading improvements in the disclosure of health-related information.
  • Agent promotion: To broaden the awareness of FBAA agents and further communicate the benefits and protections they bring to the table in a bloodstock transaction, particularly to new and unaware industry participants.
  • Industry-wide advocacy and dialogue: The FBAA remains steadfast in its commitment to contribute constructively to industry-wide discussions. A focal point of major concern to the FBAA includes addressing the five-year stagnation of the Australian Pattern.

FBAA agents will be actively participating in all major sales of 2024, including many overseas auctions. For those interested in leveraging the expertise and experience of FBAA agents, a comprehensive list of agents along with their contact details is available here.

Advertisment
More Reading...
Sires With Winners - Monday January 5
Here is the full list of 14 stallions which had winners throughout Australasia today with winners and result details.
Home Affairs Colt Delights HK Based Breeders
Well-related Highview graduate Kinnaird has quickly won his way to the top of the market for New Zealand’s richest two-year-old contest.
Torryburn Stud Out To Create Magic Moments
Torryburn Stud’s Cornish family are renowned for producing racehorses of the highest calibre, highlighted by Voyage Bubble, who in the last 12 months has not only added a second G1 Hong Kong Mile to his record, but also created history by winning the Hong Kong Triple Crown, taking his overall record to 12 wins, six at G1 level and more than HK$128m in earnings.
MM Order of Entry 2YO and 3YO Updated
There were some big movers and shakers from last weekend’s racing as we head towards Magic Millions day on January 17 with Farnan gelding Ninja taking a stranglehold on the 3YO Guineas, while Sword of State colt Warwoven is favourite for the 2YO Classic.
Lassified Adds to Inglis Festive Cheer
The Listed Wellesley Stakes winner Lassified (Stay Inside) is the ninth individual Stakes-winning Inglis graduate across Australasia over the festive period.
Southern Vendors to Continue Proud Legacy at National Yearling Sale
The South Island has made a massive contribution to the 100-year history of New Zealand’s National Yearling Sale, dating right back to the Timaru-bred champion Phar Lap (NZ) (Night Raid) and his trip through the Trentham sale ring in 1928.
Yarraman Park Hoping for a Magic Saturday
The $3million Magic Millions Sunlight slot race at the Gold Coast on Saturday will be watched very closely by the team at Yarraman Park with their homebred I Am Invincible filly Sylph seeking to break her maiden in the lucrative feature, while Hellbent is the sire of one of her archrivals Savvy Hallie.
Kiwi Stars on Different G1 Pathway
With a six-week gap between two of summer’s major weight-for-age middle-distance features, trainers of leading candidates have taken a variety of approaches to their preparations.
Sires With Winners - Sunday January 4
Here is the full list of 55 stallions which had winners throughout Australasia today with winners and result details.
Hello Youmzain Filly Looking Sweet
Chris Rutten has a knack for selecting Karaka Millions 2YO contenders, and he looks to have struck again, this time with the Roydon Bergerson-trained Sweetest Thing.