More Fireworks For Final Day of Karaka Sale

More Fireworks For Final Day of Karaka Premier Sale

The staggering results of Day One at New Zealand Bloodstock's Premier Sale flowed into Day Two today at Karaka, with a $2 million colt by New Zealand's own champion sire Zabeel eclipsing yesterday's millionaire lot.

The third-equal highest price ever to go through the Karaka sale ring, Lot 373 from the Danehill mare Diamond Like was knocked down to the bid of Sydney-based bloodstock agent James Bester.
 
 2010 Karaka Premier $2 million Sale-topper - Lot 373 by Zabeel from Diamond Like.

Bester was glowing in his praise for the colt from Cambridge Stud.

"What attracted me to this colt was his quality. Physically he's the best yearling I have ever seen in the southern hemisphere.

"Chiefly I buy on conformation and this colt was exceptional, but to also present with the best page in the sale is extraordinary. Zabeel on Danehill is outstanding, and a very fast mare more to the point to counter Zabeel's staying influence.

"It was easy to spend that sort of money when you know the background the horse has had, and being from Cambridge Stud, from that family, I had every confidence."

Bester purchased the colt for a small group of Australian owners who race horses with a number of trainers and are yet to decide the lucky stable that this colt will join.

One of Lot 373's underbidders, David Ellis, was more successful later on in the sale when he secured Lot 431 for the second highest price of the day at $1,300,000.

The Redoute's Choice three-quarter brother to Darci Brahma offered by Pencarrow Stud will form part of a syndicate of four colts purchased by Ellis over the past two days.

Ellis was equally enamoured with both of today's top colts.

"They were both outstanding colts prepared by the best studs in the southern hemisphere and it was impossible for me to split them. But I'm thrilled to have got this one. He has the same qualities as Darci Brahma and has been a beautiful individual since the day he was born.

"It has been extremely hard work competing with the Aussies over the last couple of days. The sale has been incredibly strong but we're delighted with our selection."

The strength of the Karaka sale was evidenced by another set of remarkable figures from today's trade, with the final average the second highest in history at $183,119, up 26% on last year's $145,710. 

Turnover was up a massive $10 million for fewer horses sold, representing a 22.5% increase from $53,330,000 to $63,373,500.

The sale median ended up at $135,000, up 35% on last year's $100,000, and the clearance rate climbed steadily to 79%, ahead of last year's 77%.

With a buying bench stacked full of international buyers, it was kiwis Graeme Rogerson and David Ellis who took top honours.

Rogerson Bloodstock was back to the prominence seen in years past, ending the day as the leading Premier Sale vendor by almost $1 million with 19 yearlings bought for $4,350,000. Rogerson's top price was $500,000, paid for the Encosta de Lago colt from Liberty Walk bought early in the sale at Lot 15.

The second top buyer was New Zealand's David Ellis of Te Akau Racing, who purchased 14 yearlings for $3,375,000 at an average of $241,071.

Bolting up the buyers list today was Melbourne trainer Danny O'Brien who bought 12 yearlings for $2,265,000 for an average of $188,750. His top price came at Lot 288, a Pins colt from Group 1 winning Zabeel mare, Bazelle, for $380,000.

Peter Moody bought another three today to bring his tally to 15 for $2,250,000 for 15 horses.

Accompanying them on the list of buyers who spent in excess of $1 million on their Karaka buys were Australian buyers Patinack Farm, Gai Waterhouse, James Bester, DGR Thoroughbreds, Hawkes Racing, Mark Kavanagh, Bart Cummings, plus the Hong Kong Jockey Club, International Bloodstock Consultants and Jayven See.

The leading vendor by aggregate for the 28th year in a row was Sir Patrick Hogan's Cambridge Stud with 40 yearlings sold for just under $10 million at an average of $248,588.

Next was Gordon Cunningham's Curraghmore Stud, with 28 horses sold for $6,655,000.

The leading vendor by average was Tom & Shelley Murtagh's Esker Lodge, responsible for yesterday's million dollar Lot 102. The stud sold eight yearlings for $2.41m at an average of $301,250.

Brighthill Farm's Group 1 winning son of More Than Ready, Perfectly Ready edged in to be the leading first season sire with four sold for an average of $150,000. Topping his offering was Lot 160, a colt from Rich Hill Stud who sold for $290,000 to NZB as agent.

New Zealand Bloodstock Co-Managing Director Petrea Vela says the Premier session has been a huge success.

"We couldn't be happier with the results of the past two days. There are a lot of delighted vendors at Karaka tonight who have had their expectations completely surpassed. The strength of the buying bench has been thoroughly overwhelming and has demonstrated to us the hot demand there is for the product we offer here.

"There's still five days to go but we are thrilled with the outcome of the Premier Sale and are very grateful to both buyers and sellers for their support to post such successful results for the industry."

Selling continues at Karaka tomorrow with the first lot of the 2010 Select Sale at 11am. Selling can be viewed live online at www.nzb.co.nz.

2010 Premier Yearling Sale Statistics
 
2010
2009
Average
$183,119
$145,710
Aggregate
$65,373,500
$53,330,000
Median
$135,000
$100,000
Lots Catalogued
483
503
Lots Sold
357
366
Clearance Rate
79%
77%
2010 Top Price - Zabeel x Diamond Like Colt (Lot 373) $2,000,000
2009 Top Price - Encosta de Lago x Giovana Colt (Lot 7) -$800,000
2008 Top Price - Redoute's Choice x Popsy Colt (Lot 299) $1,400,000
2007 Top Price - Zabeel x Sunline Colt (Lot 411) $2,000,000
Top Lots
Lot
Type
Breeding
Vendor 
Purchaser
Price
373
B.C
Zabeel / Diamond Like
CAMBRIDGE STUD
JAMES BESTER BLOODSTOCK (NSW)
$2,000,000
431
B.C
Redoute's Choice / Grand Echezeaux
PENCARROW STUD
MR DC ELLIS (TE AKAU)
$1,300,000
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
267
BR.C
Pentire / Amritsar Jet
RICH HILL THOROUGHBREDS 
MR H KANEKO (AUCKLAND)
$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
264
C.F
Encosta de Lago / Allez France
CURRAGHMORE STUD 
HAWKES RACING (NSW)
$500,000
266
B.C
Encosta de Lago / Amanusa
CURRAGHMORE STUD 
MR AS NG (HONG KONG)
$500,000
Leading Purchasers by Aggregate
Purchaser
Bought
Aggregate
Average
Top Price
ROGERSON BLOODSTOCK
19
$4,350,000
$228,947
$500,000
MR DC ELLIS
14
$3,375,000
$241,071
$1,300,000
NZB as agent
16
$2,447,500
$152,969
$400,000
O'BRIEN THOROUGHBREDS
12
$2,265,000
$188,750
$380,000
MOODY RACING PTY LTD
15
$2,250,000
$150,000
$260,000
PATINACK FARM PTY LTD
9
$2,150,000
$238,889
$400,000
MRS GM WATERHOUSE
6
$2,080,000
$346,667
$650,000
JAMES BESTER BLOODSTOCK
1
$2,000,000
$2,000,000
$2,000,000
DGR THOROUGHBRED SERVICES
6
$1,945,000
$324,167
$575,000
HAWKES RACING
6
$1,830,000
$305,000
$500,000
Leading Vendors by Aggregate
Vendor
Sold
Aggregate
Average
Top Price
CAMBRIDGE STUD
40
$9,943,500
$248,588
$2,000,000
CURRAGHMORE STUD 
28
$6,655,000
$237,679
$500,000
WAIKATO STUD
33
$4,207,500
$127,500
$350,000
PENCARROW STUD
15
$4,145,000
$276,333
$1,300,000
TRELAWNEY STUD 
21
$3,717,500
$177,024
$350,000
WINDSOR PARK STUD LTD
26
$3,697,500
$142,212
$420,000
RICH HILL THOROUGHBREDS LTD
18
$3,315,000
$184,167
$600,000
HAUNUI FARM LTD
12
$2,485,000
$207,083
$500,000
ESKER LODGE LTD
8
$2,410,000
$301,250
$1,000,000
THE OAKS STUD
16
$2,205,000
$137,813
$480,000
Leading Vendors by Average (three or more sold)
Vendor
Sold
Average
Aggregate
Top Price
ESKER LODGE LTD
8
$301,250
$2,410,000
$1,000,000
PENCARROW STUD
15
$276,333
$4,145,000
$1,300,000
WENTWOOD GRANGE
8
$262,500
$2,100,000
$575,000
CAMBRIDGE STUD
40
$248,588
$9,943,500
$2,000,000
LONGLANDS STUD LTD
3
$243,333
$730,000
$450,000
WELLFIELD LODGE
8
$240,625
$1,925,000
$420,000
CURRAGHMORE STUD LTD
28
$237,679
$6,655,000
$500,000
WHAKANUI STUD LTD
6
$235,000
$1,410,000
$650,000
HAUNUI FARM LTD
12
$207,083
$2,485,000
$500,000
PHOENIX PARK
5
$199,000
$995,000
$600,000
Leading Sires by Average (three or more sold)
Sire
Sold
Average
Aggregate
Top Price
Redoute's Choice
7
$454,286
$3,180,000
$1,300,000
Zabeel
41
$315,732
$12,945,000
$2,000,000
Encosta de Lago
13
$306,923
$3,990,000
$500,000
Fastnet Rock
11
$294,545
$3,240,000
$1,000,000
Flying Spur
4
$270,000
$1,080,000
$325,000
Fusaichi Pegasus
4
$210,000
$840,000
$260,000
Elusive City
3
$203,333
$610,000
$260,000
Starcraft
7
$201,429
$1,410,000
$360,000
Pins
39
$182,628
$7,122,500
$650,000
Pentire
16
$180,000
$2,880,000
$600,000
Leading First Season Sires by Average (three or more sold)
First Season Sire
Sold
Average
Aggregate
Top Price
Perfectly Ready
4
$150,000
$600,000
$290,000
Darci Brahma
36
$140,972
$5,075,000
$480,000
Holy Roman Emperor
5
$97,000
$485,000
$200,000
Nadeem
6
$92,500
$555,000
$160,000
Lucky Unicorn
6
$68,083
$408,500
$130,000
Fast 'n' Famous
6
$65,833
$395,000
$100,000

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