Coolmore spend $1m on half-brother to Caravaggio at the Keeneland Sales
Coolmore swooped for a $1million American Pharoah half-brother to Caravaggio at the Keeneland Sales on Wednesday.
The price for the son of the Triple Crown winner out of the mare Mekko Hokte is the third-highest paid for a yearling colt in Keeneland's January Sale history.
Coolmore's M.V Magnier, who is attending sales in Australia, said in a statement after the purchase: "American Pharoah doesn't need any explaining and Aidan O'Brien always believed Caravaggio to be the best sprinter he ever trained, so when our team considered this colt the best individual in the sale it was an easy decision for us to make.
"We're incredibly lucky to have two great partners in Michael Tabor and Derrick Smith who are fully committed to finding the next Caravaggio.
"We'll leave it until later in the year before we discuss where this colt will be trained."
Caravaggio was a dual Grade One winner in his career, and won at Royal Ascot as both a two-year-old (Coventry Stakes) and three-year-old (Commonwealth Cup).