Tending the million dollar yearlings
Published 10/06/2015 | 02:30
IT'S not often that you get to lead a million euro worth of horse flesh around the sales ring.
My year 'down under' saw me helping to prep dozens of well-bred yearlings at Coolmore's 11,000 acre stud in the thoroughbred capital of Australia, the Hunter Valley.
Around 80 yearlings were sold between two sales. A large draft of 50 yearlings went to the Magic Millions sale on the Gold Coast, in January, followed by a smaller, select draft of yearlings for the Inglis Easter sale in Sydney.
The Magic Millions yearlings underwent an eight week preparation, while the Inglis yearlings underwent a very long preparation of 12 weeks.
The average selling price this year at the Magic Millions was AUD$134,311 (€93,187), while the average for the Inglis sale was $290,881 (€201,818).
Top prices for these sales realised $1.2m (€831,161) and $2.2m (€1,523,796) respectively.
Champion sire Fastnet Rock was the leading sire for both sales, while a yearling from Sepoy's first crop sold for $1.6m (€1,108,318) at the Inglis Easter sale, a record for a first season sire in Australia.
It will be interesting to see how Sepoy's first yearlings are received at auction in Europe this year.