Sensational Start to Karaka 2010

Sensational Start to Karaka 2010

Expectations were blown out of the water at Karaka today, with Australasia's first million dollar yearling of the year heading a string of highlights for the first day of New Zealand Bloodstock's 2010 Premier Sale.

The top price of the day came at Lot 102, with the colt by Fastnet Rock from Popsy (Sir Tristram) knocked down to the bid of Singapore buyer, Jayven See, for $1,000,000.

Offered by Tom & Shelley Murtagh's Esker Lodge, the half-brother to the 2008 Karaka sale-topper ($1.45m, by Redoute's Choice) is the highest priced yearling ever sold to Singapore from the New Zealand sale ring.

Tom Murtagh says while a trainer hasn't been finalised for the colt the plan is to keep him in New Zealand.

"He has been bought to race here in New Zealand and possibly Australia into the future, but will definitely be entered for the Karaka Million as a two-year-old next year.

"Jayven had his first major success with a horse he bought from Esker Lodge (Revolte) so he was happy to go on my recommendation and try again. He likes Fastnet Rock and loved this colt as a type and we're thrilled that he's had the confidence in Esker to step out in such a big way."

After 242 lots, last year's figures were left in the dust as the turnover increased by almost $7 million compared with the same stage in the sale last year. The average and median followed suit with the current average price $184,181, 24% up on last year, and a very strong median of $140,000 up a whopping 40% from $100,000. The clearance rate is a shade under this stage last year at 76%.

A strong and diverse buying bench competed for the yearlings on offer, with the Australian buyers a dominant force.  Leading the list by the end of day one was Rogerson Bloodstock, with Graeme Rogerson accompanied ringside by prominent Melbourne owner, Nick Williams.

With 10 yearlings bought for $2.18m, the group's top price of the day was $500,000 paid for the Encosta de Lago colt from Liberty Walk (Zabeel) at Lot 15, from Haunui Farm.

The only other buyer in double figures so far is leading Caulfield trainer, Peter Moody, with 12 yearlings purchased for $1.77m. Moody's top price of the day was also by top Australian sire Encosta de Lago, with the colt at Lot 36 from the family of Alinghi secured for $260,000 from Curraghmore Stud.

Also amongst the leading buyers of the day are fellow Australian buyers Gai Waterhouse, Duncan Ramage, Patinack Farm, John Hawkes and Mark Kavanagh.

New Zealand Bloodstock Co-Managing Director Petrea Vela says the day's trade has surpassed all pre-sale expectations.

"The strength of the sale today has been overwhelming. For the median to be just over $5,000 shy of last year's final Premier Sale average is one of the clearest indicators of just how strong it was today.

"We were confident from the enquiries we'd had from around the world before the sale that our catalogue had been received well and that the buyers were very positive about the line up of horses on offer. But we hadn't expected to see such a dramatic increase on last year's results. To see the likes of Gai Waterhouse, Peter Moody, Bart Cummings, Graeme Rogerson and so on being so active is a great fillip for the sales and a huge confidence boost for the industry."

With a million dollar horse to his credit it was no surprise that Coolmore Stud's Fastnet Rock headed the sires table for the day, with three others sold for an average of $432,500.

As many anticipated, first season sire Darci Brahma has got off to a flying start with 19 yearlings sold for an average of $153,684 to make him the leading freshman sire of the day.

Cambridge Stud is on track to keep its 27 year reign intact, finishing the day the leading vendor by aggregate with 19 sold for an average of $207,632.

Des and Dean Hawkins' Wentwood Grange is having a fantastic Sale, currently the leading vendor by average with five of six yearlings sold for $1,745,000 at an average of $349,000.

Day Two of the Karaka Premier Sale will continue tomorrow from 11am (NZ time), starting at Lot 243.  The live lot-by-lot broadcast on Sky Sports 3 (NZ) and TVN (Australia) will commence half an hour before selling starts, with a round-up of Day One's events. The sale will also be streamed live on the New Zealand bloodstock website.

2010 Premier Sale Day 1 Statistics
 
2010
2009 Day 1
2009
Average
$184,181
$148,813
$145,710
Aggregate
$32,600,000
$25,893,500
$53,330,000
Median
$140,000
$100,000
$100,000
Lots Catalogued
242
243
503
Lots Sold
177
174
366
Clearance Rate
76%
77%
77%
2010 Top Price - Fastnet Rock x Popsy Colt (Lot 102) - $1,000,000
2009 Top Price - Encosta de Lago x Giovana Colt (Lot 7) - $800,000
2010 Premier Sale Day 1 Top Lots
Lot
Type
Breeding
Vendor 
Purchaser
Price
102
B.C
Fastnet Rock / Popsy
ESKER LODGE 
MR J SEE (Singapore)
$1,000,000
111
B.F
Pins / Procure
WHAKANUI STUD 
MRS GM WATERHOUSE (NSW)
$650,000
189
B.F
O'Reilly / Star Affair
PHOENIX PARK
WAIKATO STUD (Matamata)
$600,000
40
B.C
Zabeel / Markisa
WENTWOOD GRANGE
DGR THOROUGHBRED SERVICES (NSW)
$575,000
15
B.C
Encosta de Lago / Liberty Walk
HAUNUI FARM 
ROGERSON BLOODSTOCK (Hamilton)
$500,000
113
B.C
Encosta de Lago / Push a Venture
CURRAGHMORE STUD 
MAGUS EQUINE (Hong Kong)
$500,000
103
B.C
Zabeel / Power and Grace
CAMBRIDGE STUD
MRS GM WATERHOUSE (NSW)
$475,000
202
B.C
Redoute's Choice / Surprize Surprize
LYNDHURST FARM
DGR THOROUGHBRED SERVICES (NSW)
$460,000
229
B.C
Pins / Velvet and Satin
PENCARROW STUD
MR DC ELLIS (Te Akau)
$460,000
101
C.C
Encosta de Lago / Polish Princess
WINDSOR PARK STUD 
HAWKES RACING (NSW)
$420,000
161
BR.C
O'Reilly / Shemiyra
BELTANA STUD
STEPHEN GRAY (Singapore)
$420,000
Leading Purchasers by Aggregate
Purchaser 
Bought
Aggregate
Average
Top Price
ROGERSON BLOODSTOCK
10
$2,180,000
$218,000
$500,000
MOODY RACING PTY LTD
12
$1,770,000
$147,500
$260,000
PATINACK FARM PTY LTD
6
$1,660,000
$276,667
$400,000
MRS GM WATERHOUSE
4
$1,595,000
$398,750
$650,000
DGR THOROUGHBRED SERVICES
4
$1,505,000
$376,250
$575,000
NZB as agent
9
$1,185,000
$131,667
$290,000
HAWKES RACING
4
$1,080,000
$270,000
$420,000
HONG KONG JOCKEY CLUB
4
$1,050,000
$262,500
$350,000
MR J SEE
1
$1,000,000
$1,000,000
$1,000,000
MR MA KAVANAGH
6
$960,000
$160,000
$240,000
Leading Vendors by Aggregate
Vendor
Sold
Aggregate
Average
Top Price
CAMBRIDGE STUD
19
$3,945,000
$207,632
$475,000
CURRAGHMORE STUD
12
$2,815,000
$234,583
$500,000
WINDSOR PARK STUD
12
$2,460,000
$205,000
$420,000
PENCARROW STUD
9
$2,090,000
$232,222
$460,000
WAIKATO STUD
16
$2,085,000
$130,313
$350,000
TRELAWNEY STUD
11
$2,075,000
$188,636
$350,000
WENTWOOD GRANGE
5
$1,745,000
$349,000
$575,000
LITTLE AVONDALE STUD
9
$1,620,000
$180,000
$250,000
ESKER LODGE
5
$1,610,000
$322,000
$1,000,000
HAUNUI FARM
8
$1,485,000
$185,625
$500,000
Leading Vendors by Average (three or more sold)
Vendor
Sold
Average
Aggregate
Top Price
WENTWOOD GRANGE
5
$349,000
$1,745,000
$575,000
ESKER LODGE LTD
5
$322,000
$1,610,000
$1,000,000
WHAKANUI STUD LTD
3
$293,333
$880,000
$650,000
PHOENIX PARK
3
$263,333
$790,000
$600,000
LYNDHURST FARM
4
$238,750
$955,000
$460,000
CURRAGHMORE STUD LTD
12
$234,583
$2,815,000
$500,000
PENCARROW STUD
9
$232,222
$2,090,000
$460,000
CAMBRIDGE STUD
19
$207,632
$3,945,000
$475,000
WINDSOR PARK STUD LTD
12
$205,000
$2,460,000
$420,000
TRELAWNEY STUD LTD
11
$188,636
$2,075,000
$350,000
Leading Sires by Average (three or more sold)
Sire
Sold
Average
Aggregate
Top Price
Fastnet Rock
4
$432,500
$1,730,000
$1,000,000
Pins
24
$197,292
$4,735,000
$650,000
O'Reilly
25
$174,600
$4,365,000
$600,000
Zabeel
22
$272,955
$6,005,000
$575,000
Encosta de Lago
8
$277,500
$2,220,000
$500,000
Redoute's Choice
4
$305,000
$1,220,000
$460,000
Darci Brahma *
19
$153,684
$2,920,000
$400,000
Thorn Park
2
$205,000
$410,000
$360,000
Starcraft
4
$142,500
$570,000
$320,000
Dehere
3
$165,000
$495,000
$320,000
* first season sire

ends
 

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