Cover image courtesy of Trish Dunell
At A Glance
At the close of trade on Day 2, the aggregate was sitting at NZ$46,425,000, which is a huge increase on last year’s edition when the second session closed with a gross of NZ$41,142,500. In 2021, Day 2 finished with total receipts of NZ$34,711,000, while in 2020 it was recorded as NZ$49,500,000, but more horses were offered that year.
The average for the sale so far has risen to NZ$154,236 compared to the NZ$146,415 recorded at the same point last year, while in 2021 it was NZ$124,860 and NZ$150,456 in 2020.
As was the case on Sunday, the healthiest growth was in the median which finished on Day 2 at NZ$135,000 up on the NZ$100,000 in 2022 and 2021.
New Zealand Bloodstock reported they had sold 301 lots at a clearance rate of 76 per cent, which is up on the same point last year which was recorded as 74 per cent.
The top lot on Day 2 of the sale was the Trelawney Stud-offered colt by Darley’s first-season shuttle stallion Too Darn Hot (GB) who was bought by Cameron Cooke for NZ$750,000 and he will head into training with Ciaron Maher and David Eustace.
Leading the way in terms of vendors by aggregate is Waikato Stud who have cleared 37 yearlings for an aggregate of NZ$5,727,500, while their resident stallion Savabeel was also leading the charge by aggregate having been represented by 18 yearlings who sold for NZ$4,945,000.
Brent and Cherry Taylor’s Trelawney Stud are currently sitting atop the vendor table by average, having sold all nine of their yearlings offered for NZ$2.4 million and finished Day 2 with an average of NZ$266,667.
Coolmore Stud’s Pierro was recording the highest average at the close of play on Monday. The son of Lonhro’s five yearlings recorded an average of NZ$352,000 and an aggregate of NZ$1.76 million.
As has become customary at Book 1 of Karaka, Te Akau’s David Ellis had spent the most, having bought 19 yearlings for NZ$3.84 million, while in terms of average Chris Waller and Guy Mulcaster were leading the way after purchasing eight lots at an average of NZ$298,750.
#1. Pays to invest in familiar families
Buyers buying back into familiar bloodlines and families has been a running theme on the first two days of the New Zealand Bloodstock Karaka Yearling Sale and this makes sense - when you’ve had success once can only pay to try for round two.
Cooke looking for his next stallion
The top lot of the day was a colt by Darley’s European shuttler Too Darn Hot (GB), who, after a spirited bidding battle, was eventually purchased by Cameron Cooke for NZ$750,000. The colt is out of Trelawney’s homebred mare Lady Sayyida (NZ) (Iffraaj {GB}), who is a half-sister to Ocean Park (NZ) and the dam of Grunt (NZ) - both also bred by Cherry and Brent Taylor.
Cooke has made a splash for this family in the past, teaming up with trainer Mick Price to purchase subsequent dual Group 1 winner and now Yulong inmate Grunt for NZ$220,000 at the 2016 edition of the Karaka sale. However, unlike Grunt, the colt will head into training with Ciaron Maher and David Eustace.
Bloodstock agent Cameron Cooke (right) pictured with Lot 294 - Too Darn Hot (GB) x Lady Sayyida (NZ) (colt), and Trelawney Stud’s Callum Jones | Image courtesy of Trish Dunell
Moody dives back in
I Wish I Win (NZ) (Savabeel) was one of the stories of the spring carnival. Arriving from New Zealand at Peter Moody’s Melbourne-based stable earlier in the year, he won his first two starts including the Listed Testa Rossa S.
After finishing a sound fifth in the G1 Toorak H., the son of Savabeel handed Moody and Waikato Stud, who are also in the ownership, a big pay cheque when he landed the $10 million The Golden Eagle.
At Karaka this year, Waikato Stud offered the gelding’s Ocean Park half-brother and it was no surprise to see Moody part with NZ$375,000 for the colt, who also counts Group 3 winner and Group 1-placed Another Dollar (NZ) among his siblings. Incidentally, the mare also had a brief spell with Moody, having been trained by Chris Waller for most of her career, including for her victory in the G3 BRC Premier's Cup.
Lot 328 - Ocean Park (NZ) x Make A Wish (NZ) (colt) | Image courtesy of Trish Dunell
Ellis keeps it cool
On Sunday all the attention was on David Ellis’ big spend on the Savabeel colt out of Bayrock (Fastnet Rock), but the Te Akau supremo bought another colt by the Waikato Stud-based sire on the first day and in the process reinvested into a family that has produced the goods for him once before.
Catalogued as Lot 107, the yearling was offered by Hallmark and is a son of three-time winner Cool ‘N’ Sassy (Testa Rossa) - the dam of Cool Aza Beel (NZ), who Ellis bought for NZ$150,000 at the same sale in 2019. The son of Savabeel would go on to register four wins for Te Akau, including in the R. Listed Karaka Million 2YO and G1 Diamond S. and in doing so earned himself a spot on the Newhaven Stud roster.
Lot 107 - Savabeel x Cool 'N' Sassy (colt) | Image courtesy of New Zealand Bloodstock
#2. Hong Kong-based buyers get stuck into Per Incanto
Little Avondale Stud resident Per Incanto (USA) has a brilliant record in Hong Kong and on Monday this success on the track translated into good results in the sales ring, with four of his sons now destined for the Asian jurisdiction.
The son of Street Cry (Ire) has had 48 runners in Hong Kong and 35 of those have been winners, headed by stakes-placed trio Duke Wai, Morethanlucky and Time to Celebrate.
On Monday, Craig Rounsefell's Boomer Bloodstock (FBAA), working on behalf of the Hong Kong Jockey Club, left Day 2 with two colts by Per Incanto, paying NZ$360,000 for Lot 329, while towards the close of play he went to NZ$400,000 for Lot 423.
Craig Rounsefell | Image courtesy of Trish Dunell
“Per Incanto is high on the hit list of sires we’re looking to target. We’re always looking in this sale, in particular, where there’s been some really nice ones. The two we’ve purchased we’re absolutely delighted with. They are the first two horses we’ve bid on during the sale and we’re fortunate to get them,” said Rounsefell.
Of Lot 423, he said, “He’s got a bit of scope to him and he’s an exciting racehorse, I think. He looks tough and he’s out of a tough family and he was the one we really wanted to get today (Monday).
“This guy had a beautiful temperament. Even out the back in the pre-parade, he handled it superbly. They’re very sound horses too and those two attributes take them a long way.”
“He (Lot 423) looks tough and he’s out of a tough family and he was the one we really wanted to get today (Monday).” - Craig Rounsefell
Hong Kong-based trainer Jamie Richards, teaming up with Andrew Williams Bloodstock (FBAA), bought a colt by the stallion for NZ$320,000, while Stuart Hale and Co (BAFNZ) signed for another son of the sire, paying Little Avondale Stud NZ$200,000 for him.
#3. Different approach for Ellis?
For many years, Te Akau’s David Ellis has made the Karaka sale ring his own and has made a name for himself spending big money on big numbers.
So far this year he has purchased one colt for more than NZ$600,000, a son of Savabeel on Day 1, and then his next big spend was NZ$350,000, for a filly by the same Waikato Stud-based sire. In total, Ellis has purchased 19 for an aggregate of NZ$3,840,000 at an average of NZ$202,105.
Lot 59 - Savabeel x Bayrock (colt), David Ellis' most expensive purchase so far at the NZB Karaka Yearling Sale | Image courtesy of New Zealand Bloodstock
This could be a change of direction for the Te Akau kingpin, who finished last year’s sale having purchased 31 horses for an aggregate of NZ$8.07 million at an average of NZ$260,323, while in 2021 he bought 38 horses for NZ$7,425,000 and finished with a closing average of NZ$195,395 and the previous year he spent NZ$6.5 million on 28 yearlings at an average of NZ$248,400.
To be fair, the competition has been stiff this year, with Chris Waller and Guy Mulcaster stronger than ever. The pair have bought eight yearlings for an aggregate of NZ$2,390,000 and with one day still to go, this is already more than the NZ$1,265,000 they spent 12 months ago on six yearlings. In pre-pandemic 2020, the pair bought six youngsters for total receipts of NZ$1,755,000.
Top buyers
Mr DC Ellis CNZM (BAFNZ) | 19 | NZ$3,840,000 |
Chris Waller Racing / Mulcaster Bloodstock | 8 | NZ$2,390,000 |
Go Racing | 8 | NZ$1,475,000 |
KPW Bloodstock | 5 | NZ$1,455,000 |
John O'Shea Racing / Suman Hedge Bloodstock | 8 | NZ$1,360,000 |
Ciaron Maher Racing | 9 | NZ$1,135,000 |
Stephen Marsh Racing / Dylan Johnson Bloodstock | 6 | NZ$1,090,000 |
Moody Racing | 4 | NZ$1,050,000 |
John Foote Bloodstock | 5 | NZ$840,000 |
Mr RA James / Mr R Wellwood | 4 | NZ$820,000 |
Annabel Neasham Racing | 5 | NZ$795,000 |
The Hong Kong Jockey Club | 2 | NZ$760,000 |
#4. Coolmore stallions popular
Coolmore’s Pierro is a familiar face at Karaka and has grown accustomed to good results at the New Zealand sale and this year has been no different.
Even by his lofty standards, Pierro has enjoyed a brilliant sale so far with his five yearlings realising NZ$1.76 million and recording an average of NZ$352,000. Last year 12 of his yearlings made an average of NZ$301,250, while in 2021 his average, off the back of selling seven horses, was NZ$167,857.
Pierro | Standing at Coolmore
So You Think (NZ) was purchased at Karaka in 2008 for NZ$110,000 and he is currently tracking well at this year’s edition of the sale, having seven yearlings make NZ$1.3 million and his average is currently sitting at NZ$185,714, which is 4.8 times his service fee which was set at $38,500 (inc GST) in 2020.
Neasham returns to the well
Annabel Neasham saddled Learning To Fly to victory in the G3 Widden S. on Saturday, and in the process handed Justify (USA) not only his first Southern Hemisphere-bred winner, but also his first stakes winner and she returned to the same well on Monday when she purchased, alongside Champion Thoroughbreds, a filly by the US Triple Crown winner for NZ$300,000.
Sires by aggregate (3 or more sold)
Savabeel | 18 | NZ$4,945,000 |
Ocean Park | 28 | NZ$3,460,000 |
Almanzor | 28 | NZ$3,395,000 |
Super Seth | 17 | NZ$3,010,000 |
Per Incanto | 12 | NZ$2,460,000 |
Proisir | 11 | NZ$2,080,000 |
Tivaci | 16 | NZ$1,907,500 |
Pierro | 5 | NZ$1,760,000 |
So You Think | 7 | NZ$1,300,000 |
Russian Revolution | 8 | NZ$1,260,000 |
Sires by average (3 or more sold)
Pierro | 5 | NZ$352,000 |
Savabeel | 18 | NZ$274,722 |
Per Incanto | 12 | NZ$205,000 |
Written Tycoon | 4 | NZ$196,250 |
Proisir | 11 | NZ$189,091 |
So You Think | 7 | NZ$185,714 |
Super Seth | 17 | NZ$177,059 |
Hellbent | 3 | NZ$168,333 |
Dundeel | 6 | NZ$166,667 |
Churchill | 4 | NZ$162,500 |
#5. Trelawney’s quality approach paying off
In an interview with the TDN AusNZ earlier this week, Cherry Taylor of Trelawney Stud said the farm had made it their goal to push quality over quantity and that approach seems to be paying off and they look on track to finish leading vendor by average for the first time since 2020.
The farm, who sold the top lot on Monday, the colt by Too Darn Hot, has sold all 10 yearlings for an aggregate of NZ$2.5 million with an average of NZ$250,000.
Curraghmore is also enjoying a good sale and is just behind Trelawney in terms of average, having sold 12 yearlings for an aggregate of NZ$2,925,000 and finished Day 2 with an average of NZ$243,750.
Vendors by aggregate (3 or more sold)
Waikato Stud Ltd | 37 | NZ$5,727,500 |
Cambridge Stud | 23 | NZ$3,690,000 |
Curraghmore | 12 | NZ$2,925,000 |
Trelawney Stud Ltd | 10 | NZ$2,500,000 |
Carlaw Park | 18 | NZ$2,500,000 |
Windsor Park Stud | 12 | NZ$2,285,000 |
Little Avondale Stud | 13 | NZ$2,270,000 |
Wentwood Grange | 14 | NZ$2,070,000 |
Haunui Farm | 13 | NZ$2,025,000 |
Westbury Stud | 13 | NZ$1,660,000 |
Vendors by average (3 or more sold)
Trelawney Stud Ltd | 10 | NZ$250,000 |
Curraghmore | 12 | NZ$243,750 |
Windsor Park Stud | 12 | NZ$190,417 |
Kilgravin Lodge | 3 | NZ$188,333 |
The Oaks Stud | 3 | NZ$181,667 |
Lyndhurst Farm | 4 | NZ$181,250 |
Prima Park | 4 | NZ$181,250 |
Elsdon Park | 9 | NZ$175,556 |
Little Avondale Stud | 13 | NZ$174,615 |
Ardsley Stud Limited | 3 | NZ$166,667 |