Cover image courtesy of Magic Millions
If the 2020 Magic Millions 2-Year-Olds In Training Sale was a 'learning year' for rookie vendors Ashley Glencross and her sister Rikki Jamieson, the 2021 Sale was all about building the confidence to take their Glencross Racing operation to the next level.
Glencross' life is busy raising four boys on her nine-acre farm at Clagiraba in the Gold Coast hinterland, but in following her passion for horses, together with her sister she has found a passion for sourcing and selling horses through the breeze-up sales.
Ashley Glencross | Image courtesy of Magic Millions
"I used to ride trackwork when I was at uni and my sister, Rikki, is a jockey, so we have always been involved in the industry. I was more of a showjumper," she told TDN AusNZ.
"I always wanted to get into the breeze up side of things. Last year I did my first two horses, and it was a learning year, and we went pretty well. This year, I brought three to the Sale and got to take care of three Baramul horses as well. They all went exceptional and I was stoked with the past couple of days.
"It was just an amazing experience, I learned so much and am so very grateful for that."
"It was just an amazing experience, I learned so much and am so very grateful for that." - Ashley Glencross
You can tell from the tone of Glencross' voice that the past couple of days have been transformative, not so much in a financial sense, although that has certainly helped, but in terms of her own belief in what she is doing.
"We knew what we had and we put the work in and our horses were sound and well-rested and educated. They have great rideability. They had the times as well, so we did have everything on our side, but you just never know on auction day."
Auction day turned out just fine, with her three horses selling for $146,000 combined, while the Baramul horses she was overseeing were also well-received.
Pharoah colt stands out
The highlight was undoubtedly an American Pharoah (USA) colt, Lot 63, who returned a 1125 per cent return on his yearling price when picked up by Campton Racing for $90,000.
Lot 63 - American Pharoah (USA) x Berrimilla (colt) | Image courtesy of Magic Millions
Glencross admitted she took a bit of a risk on the colt at the Magic Millions National Sale, paying $8000 for him through the Coolmore Stud draft despite some queries she knew she had plenty to work with, both in terms of his manner and his pedigree.
"He has an incredible page. My sister is really onto that side of things, I have always trained and broken in and done the work, but in terms of thoroughbred breeding and the pages that you want, that is Rikki's department," she said.
"He ticks every single box you could hope for. He's the most beautiful colt and he has the temperament of a 6-year-old gelding. Conformation-wise he is stunning and he's such a professional."
"He (Lot 63 - American Pharoah) ticks every single box you could hope for. He's the most beautiful colt and he has the temperament of a 6-year-old gelding." - Ashley Glencross
Glencross said it was immediately evident that the willingness to take the risk back in June would pay dividends.
"We got lucky, we got him for a very good price. He had a bit of a red flag over his head when we bought him, but that was all cleared up. We had multiple scopes to prove that over the last six months.
"When the bidding stalled on him, we jumped on that and we got lucky. It has paid off for us, and we got the most beautiful horse.
"He was an absolute lamb, he walked around the yearling sales at June in the same way he strolled around yesterday (Monday). He's just a complete and total cruiser."
Hong Kong-bound
While the colt has developed well over the past five months, and his page has been again bolstered by the recent Group 3 win of Cheaperthandivorce (NZ) (Savabeel), it was that divine nature which proved one of his key selling points for Adam Campton, who was looking to source a horse for Hong Kong.
"They are planning to start a prep with him straight away. They were excited that he is ready to go. They don’t have to put him in the paddock for two months and forget about him. He's ready to start," Glencross said.
"I wouldn't be surprised to see him at the (Gold Coast) Turf Club this week working. They’ll put him through a trial and he’ll be off to Hong Kong. That's pretty exciting."
"They’ll (Adam Campton) put him (Lot 63) through a trial and he’ll be off to Hong Kong. That's pretty exciting." - Ashley Glencross
"Rikki and I have discussed flying over there and watching him when he starts."
Glencross knows what a successful graduate in Hong Kong could do for her fledgling business, especially in a market which Asian buyers have traditionally been such major players.
Composure is key for Hong Kong buyers and she backs the way she prepares her horses to foster that great attitude that was evident in the American Pharoah colt.
"I want to stick with my guns in what we do with our horses and how we train them. I wanted to be the exception to the rule in that we don’t work them hard. We just focus on educating them, and so if they are educated, they are strong and they are confident," she said.
"I want to stick with my guns in what we do with our horses and how we train them. We just focus on educating them, and so if they are educated, they are strong and they are confident." - Ashley Glencross
"They don’t need to be at the track every day. Babies don’t work that way, they get tired and they get sore. They don't grow unless they are rested. I am trying to give them the best start and when people buy a horse from me I want them to know they are getting that best start."
A strong Sale for pinhooks
The American Pharoah colt was one of 50 pinhooks to go through the Gold Coast ring on Monday, with 42 of them, or 84 per cent, selling, a rate much higher than the overall Sale clearance rate.
All but two of the 42 sold realised a higher price than what they were previously sold at, with 25 of them selling for more than 200 per cent of their yearling or weanling price.
The top two lots of the Sale, the Extreme Choice colt (Lot 58), offered by A List Stud and purchased by Baystone Farm for $350,000, and the Capitalist colt (Lot 26) offered by O'Gorman Racing and sold to Ricky Yiu/Clarke Bloodstock (FBAA) for $330,000, were the pinhooks who drew the biggest return in terms of dollars, having cost $130,000 and $90,000 respectively as yearlings.
Gallery: The two top lots of the Sale were pinhooks who drew the biggest return
In a market that was surprisingly robust given pre-Sale expectations and the lack of buyers able to attend, there were five other pinhooks that secured $100,000 or more than they were purchased for.
What that means is that there will be plenty of vendors from this Sale going into the 2022 yearling sales with the confidence to back their judgement and buy up.
Among them will be Ashley Glencross, who is planning to upscale her capacity for 2022.
"I'm trying to buy a bigger property at the moment. I am already shopping, I've outgrown my nine acres here," she said.
"I'm trying to buy a bigger property at the moment. I am already shopping, I've outgrown my nine acres here." - Ashley Glencross
"I've got four little boys, and I want to keep them at the same school on Tamborine Mountain, so we are trying to buy around Conungra and I want to set up a thoroughbred facility there. We would love to pre-train and spell. I love doing the breeze ups and working with the babies, it’s such a reward.
"We do it together my sister and I, and Mum and Dad are involved too. It’s a family thing. We love it, we love horses, it’s just happened to be a passion which has snowballed. It’s what dreams are made of really."
Pinhooks with the highest return
26 | Capitalist x Solar Burst | O'Gorman Racing | $90,000 | $330,000 | $240,000 |
58 | Extreme Choice x Arnault | A List Stud | $130,000 | $350,000 | $220,000 |
102 | Caravaggio x Happy Pilgrim | Nolen Racing | $25,000 | $210,000 | $185,000 |
50 | Flying Artie x Zaria's Fire | Network Bloodstock | $50,000 | $180,000 | $130,000 |
65 | Deep Field x Belossomo | Symphony Lodge | $80,000 | $210,000 | $130,000 |
47 | Dawn Approach x Wind Shift | KBL Thoroughbreds | $30,000 | $150,000 | $120,000 |
8 | Rothesay x Rhodopis | Nolen Racing | $16,000 | $120,000 | $104,000 |