The opening day of New Zealand Bloodstock’s Ready to Run Sale of two-year-olds resulted in the previous sale record price beaten twice in quick succession.
A new record sale price of $650,000 was paid for the final lot of the day from Lyndhurst Farm.
Knocked down to the bid of Ultra Thoroughbreds, the
Sebring colt is out of Joleur, the well-related dam of multiple stakes winners, and is a three-quarter brother in blood to
Criterion.
Delighted with the purchase, the colt will head to Melbourne next week with the trainer yet to be decided.
“We knew we would need to dig into our pockets, and the competition was strong with three bidders who made us work for it, but he’s a stunning animal and the best in the Sale for us.
“We are very, very happy with this result. We came here to buy three to five horses and have come away with three today so it has been a good day for us.”
The second top price of the day was achieved when Waikato Stud’s Lot 263 fetched the
then record-breaking price of $580,000.
The O’Reilly colt is out of the Savabeel mare Honolulu, a half-sister to Alamosa.
The first day of selling saw
significant increases to the aggregate, average and median compared with Day 1 of last year’s record-breaking Sale.
The turnover for the day was $14,610,500, an increase of $4.4 million, for 144 horses sold - 32 more lots than Day 1 last year.
The average has increased 11% to $101,462 while
the median was up 8% to $70,000.
NZB’s Managing Director Andrew Seabrook is pleased with the day’s results and looking forward to Day 2.
“It’s encouraging that the average and median have increased significantly as it was always going to be challenging offering 150 horses more than last year’s record-breaking Sale," he said.
"The clearance rate is disappointing and that is something we will be working hard to increase over the coming day.
“Traditionally at this Sale we have seen the second day increase in strength and we hope to see that trend continues.”
A large number of
Australian buyers were active with their purchases accounting for
a significant 40% ($5,813,500) of the turnover compared with 25% on Day 1 last year.
NZ buyers have also been more active, accounting for 29% ($4,179,500) of the aggregate up from 22% last year.
The leading buyer of the day was Te Akau Racing who purchased six horses for $1,095,000.
Mark and Shelley Treweek’s Lyndhurst Farm are the leading vendor by aggregate and average (with three or more sold), selling 11 two-year-olds for $2,591,000, including the record-breaking top priced Lot 280.
The leading sire by average (with three or more sold) is currently Sebring with three of his progeny selling for an average of $390,000.
Day 2 of the Ready to Run Sale will commence at 10am today at Karaka
2016 Ready to Run Sale Statistics - Day One
AGGREGATE $14,610,500 $10,196,000 (2015)
AVERAGE $101,462 $91,036 (2015)
MEDIAN $70,000 $65,000 (2015)
SOLD 144 112
TOP LOT $650,000 Lot 280 (Ch.C Sebring x Joleur)
Dynamic Syndications have 2 Ready To Run 2yo’s on the market at the moment with trainer GAI WATERHOUSE and Adrian Bott and these results trending out of NZ highlights what outstanding value our 2yo’s are.
Our Colt by LOPE DE VEGA ex MIMES is $6,750 per share (70% SOLD)
Also .......
Our Filly by FOXWEDGE ex UNDERCOVER is $6,495 per share (65% SOLD)
Contact our office on 02 9587 1511 or 1800 61 99 99 for discuss how easy it is to be involved in our FINAL COLT and / or FILLY for 2016 before rising prices drive up the 2017 crop of yearlings.
What about giving a share as a Christmas gift for yourself – or – for that special someone in your life?