Cover image courtesy of Magic Millions
At A Glance
Nine million-dollar mares sold on Tuesday, bringing the aggregate up to $50,732,000 at the close of trade, up from $44,935,500 last year.
The average was also improved at $264,229, compared to $249,642 in 2022.
The median was down slightly, from $120,000 last year to finish at $110,000 at the end of Day 1 on Tuesday.
By the close of trade, 192 had sold for a clearance rate of 86.1 per cent, down fractionally from 87.38 per cent.
Forbidden Love emerged from the Newgate Consignment to top the day’s trade at $4.1 million. She sold to Yulong, who saw off competition from Tom Magnier and Katsumi Yoshida.
In total, Yulong added 35 mares to its arsenal, spending a gross of $19,031,000 to lead the buyers, including four millionaires. Tom Magnier was the leading buyer by average, spending $2,033,333 apiece on three mares.
The Newgate Consignment was the day’s leading vendor, selling 30 for a total of $16,414,000.
Bowditch hails ‘unbelievable theatre’
Traditionally a strong day of selling, in which retiring race mares come to market, Day 1 of this year’s Magic Millions National Broodmare Sale had the added twist of Edinburgh Park’s Unreserved Dispersal Sale as its conclusion, and a host of star mares along the way.
Not for the first time, Yulong emerged as the day’s leading buyer, and matched last year’s Day 1 haul of four seven-figure mares. The overall improved metrics were a source of jubilation for Magic Millions' Managing Director Barry Bowditch, who said his expectations had been surpassed.
“It was an unbelievable day, I think it was unbelievable theatre,” he said. “Slightly unpredictable at times, which is never a bad thing. We had some very pleasant surprises. All in all, I think there was great participation at the top end of town.
“It was an unbelievable day, I think it was unbelievable theatre. Slightly unpredictable at times, which is never a bad thing. We had some very pleasant surprises. All in all, I think there was great participation at the top end of town.” - Barry Bowditch
“I think most vendors were very, very happy going off the number of inspections they had and it translated into sale prices in the ring.
“I thought we’d have eight million-dollar horses at the start of the day, we’ve had nine. I thought we’d have two, maybe three above $2 million, we’ve had five. They’re big numbers in any horse sale around the world.”
Welcoming Yulong’s strong participation on Day 1, Bowditch also noted that Mr Zhang’s operation purchased horses at a complete range of price points.
“They’re buying mares that are high-premium… Obviously, we had a great yearling sale for them in 2023, and the yearling market will see Yulong yearlings as a force to be reckoned with for years to come.”
Mr Zhang and Barry Bowditch | Image courtesy of Magic Millions
Although expressing confidence that we’ve seen the sale-topper through the ring already, Bowditch said he’s looking forward to more ‘fireworks’ over the next two days of selling.
Powerhouse operations lock horns
At the very first opportunity, Tom Magnier made a splash in securing Lot 502, Gai Waterhouse and Adrian Bott’s Group 2 winner Vangelic (Vancouver), for $1.5 million from the Newgate Consignment.
Though he was taken to his final bid by James Harron, Magnier told TDN AusNZ that he expects a strong challenge from Yulong Stud throughout this year’s sale, as the two behemoths likely land on the same high-profile mares.
Lot 502 - Vangelic sold to Tom Magnier for $1.5 million | Image courtesy of Magic Millions
Predicting that ‘the good mares will meet their mark’, after signing for Vangelic Tom Magnier told TDN AusNZ that, “We’ll take it day by day, and lot by lot.”
However, it wasn’t long before Magnier found himself playing not second but third fiddle when Katsumi Yoshida, bidding online, was the one to press Yulong all the way to $4.1 million on three-time Group 1 winner Forbidden Love (All Too Hard), consigned by Newgate Consignment as Lot 568.
Later in the day, Yoshida was again underbidder to Yulong, this time on dual Group 1 winner Snapdancer (Choisir). Consigned by Sullivan Bloodstock as Lot 645, the daughter of Choisir went for $3.2 million.
Despite his earlier caution, Magnier appeared to be left in relative isolation as Lot 676 was sold his way late on Tuesday afternoon.
Consigned by Milburn Creek on behalf of John Warren, Piping Hot (More Than Ready {USA}) is the dam of Group 1 winner Coolangatta (Written Tycoon), carries a pregnancy to Champion Sire I Am Invincible and a half-sister to G1 Blue Diamond S. winner Reaan (Hussonet {USA}) - a huge profile, and one which might have been expected to garner even more competition, her final price termed “unbelievable value” by Barry Bowditch.
Overall, Magnier spent $6.1 million on three mares on Tuesday, whereas on the first day of last year’s sale, Magnier had secured just one - Listed Cap d’Antibes S. winner Crystal Bound (Not A Single Doubt) - for $1.05 million.
After securing G2 Percy Sykes S. winner Paris Dior (Pierro) (Lot 693) from Yarraman Park Stud for $1.6 million early on Tuesday evening, Magnier put his strike rate on Day 1 down to luck.
Gallery: Some of the top lots at the Magic Millions National Broodmare Sale sold to Coolmore, images courtesy of Magic Millions
“The sale is unbelievable for those top mares,” he told TDN AusNZ. “We’re very fortunate that we’ve got the ones that we’ve wanted. There’s another two days to go after this, but it’s very strong at the top.”
Top buyers by aggregate
Yu Long Investments (Australia) Pty Ltd | 35 | $19,031,000 | $543,743 | $4,100,000 |
Tom Magnier | 3 | $6,100,000 | $2,033,333 | $3,000,000 |
James Harron Bloodstock | 2 | $4,055,000 | $2,027,500 | $3,900,000 |
Arrowfield Stud | 1 | $1,600,000 | $1,600,000 | $1,600,000 |
Kingstar Farm | 11 | $1,090,000 | $99,091 | $190,000 |
Newgate Bloodstock | 7 | $977,500 | $139,643 | $425,000 |
Silverdale Farm/Brian McGuire | 2 | $940,000 | $470,000 | $660,000 |
Kia Ora Stud | 3 | $890,000 | $296,667 | $360,000 |
David Ellis (CNZM) | 1 | $850,000 | $850,000 | $850,000 |
Belmont Bloodstock Agency (FBAA) | 5 | $760,000 | $152,000 | $300,000 |
Top buyers by average (2 or more sold)
Tom Magnier | 3 | $2,033,333 | $1,500,000 | $3,000,000 | $6,100,000 |
James Harron Bloodstock | 2 | $2,027,500 | $155,000 | $3,900,000 | $4,055,000 |
Yu Long Investments (Australia) Pty Ltd | 35 | $543,743 | $36,000 | $4,100,000 | $19,031,000 |
Silverdale Farm/Brian McGuire | 2 | $470,000 | $280,000 | $660,000 | $940,000 |
Kia Ora Stud | 3 | $296,667 | $170,000 | $360,000 | $890,000 |
Australian Bloodstock | 2 | $183,000 | $16,000 | $350,000 | $366,000 |
Belmont Bloodstock Agency (FBAA) | 5 | $152,000 | $40,000 | $300,000 | $760,000 |
Astute Bloodstock (FBAA) | 2 | $150,000 | $100,000 | $200,000 | $300,000 |
Cambridge Stud | 2 | $150,000 | $80,000 | $220,000 | $300,000 |
Darling View Thoroughbreds | 2 | $145,000 | $130,000 | $160,000 | $290,000 |
Harron holds tight for sole purchase
The first current 3-year-old Australian Group 1 winner in a decade to be sold at the National Broodmare Sale, last-start G1 Surround S. winner Sunshine In Paris (Invader) (Lot 700) sold to James Harron for $3.9 million from the Newgate Consignment.
With Harron conducting bidding on the phone via Magic Millions Managing Director Barry Bowditch, the deliberated bids of Coolmore were returned with no delay from the opposite wing of the Bundall auditorium.
Beaten on several occasions throughout the first day of trade, Sunshine In Paris was Harron’s only purchase on Day 1 and was bought for an as yet undisclosed group of owners. Despite the considerable expense, Harron argued she might just be good value.
Annabel Neasham has previously pinpointed next season’s $10 million Golden Eagle as Sunshine In Paris’ primary 4-year-old target and, although he couldn’t yet confirm that she’ll remain with Neasham, Harron did cite the huge upside she offers as a racing prospect in general.
“So many options and we’re so lucky here in Australia with the amazing prizemoney we’ve got on offer,” he said.
“If she maintains the form she’s shown and looks to even have improvement in her, I think the owners are going to have a lot of fun and potentially pick up a lot of prizemoney and we’ve got that fallback of that Group 1 already on the board.”
Forbidden farewell for Fleming
For Bhima Thoroughbreds’ Mike Fleming, Forbidden Love’s eventual price-tag was a fairytale ending for one of the star graduates of his and his wife Kate’s Hunter Valley nursery.
“It’s huge,” he told TDN AusNZ. “Not only for her breeder, Kerry O’Brien, but for Bhima and the brand. To have a horse that’s foaled down, reared, sold as a yearling to perform at that level and then come back through and make that sort of money…
“It’s just a huge effort from everyone on every little part of her journey along the way,” he summed up.
Top vendors by aggregate
Newgate Consignment | 30 | $16,414,000 | $547,133 | $4,100,000 |
Edinburgh Park (Unreserved Dispersal Sale) | 40 | $5,154,000 | $128,850 | $425,000 |
Yarraman Park Stud | 7 | $4,770,000 | $681,429 | $1,600,000 |
Blue Sky Premium Consignment | 35 | $3,877,500 | $110,786 | $460,000 |
Sullivan Bloodstock | 3 | $3,350,000 | $1,116,667 | $3,200,000 |
Milburn Creek | 2 | $3,160,000 | $1,580,000 | $3,000,000 |
Eureka Stud | 4 | $2,570,000 | $642,500 | $2,300,000 |
Rosemont Stud | 3 | $1,655,000 | $551,667 | $1,350,000 |
Widden Stud | 6 | $1,527,000 | $254,500 | $975,000 |
Baystone Farm | 7 | $1,490,000 | $212,857 | $410,000 |
Top vendors by average (2 or more sold)
Milburn Creek | 2 | $1,580,000 | $3,160,000 | $3,000,000 |
Sullivan Bloodstock | 3 | $1,116,667 | $3,350,000 | $3,200,000 |
Yarraman Park Stud | 7 | $681,429 | $4,770,000 | $1,600,000 |
Eureka Stud | 4 | $642,500 | $2,570,000 | $2,300,000 |
Rosemont Stud | 3 | $551,667 | $1,655,000 | $1,350,000 |
Newgate Consignment | 30 | $547,133 | $16,414,000 | $4,100,000 |
A Shareholder | 2 | $400,000 | $800,000 | $600,000 |
Widden Stud | 6 | $254,500 | $1,527,000 | $975,000 |
Newhaven Park | 2 | $243,000 | $486,000 | $450,000 |
Baystone Farm | 7 | $212,857 | $1,490,000 | $410,000 |
Frankel factor draws exception from Yulong
Not long after Forbidden Love had set the ring alight, Yulong was back in action to land Isotope (Deep Field), the well-related multiple Listed winner and Group 2-placed 5-year-old from Eureka Stud. Consigned as Lot 575, she raced for a syndicate led by Brian Siemsen, partner in Black Soil Bloodstock with Eureka Stud’s Harry McAlpine.
“To get those good mares, you’ve got to front up and buy them, and Mr Zhang is adamant on what he wants to achieve,” said Yulong’s Chief Operating Officer Sam Fairgray.
Lot 575 - Isotope sold for $2.3 million to Yulong Investments | Image courtesy of Magic Millions
Revealing that they will “probably send none” to outside stallions, Fairgray added the caveat that a selection of mares may be considered for a European trip to be covered by Juddmonte Farms’ Frankel (GB) on Southern Hemisphere time this spring - including Isotope.
“That’s why we’re waiting until after the sale to see what we end up with and see what we do,” he explained. “You never know, these mares could end up going there…”
Yulong principal Mr Zhang’s predilection for Frankel was made plain last week when he spent $1.65 million on a pair of colts by the global superstar to provide a late flourish at the close of the Magic Millions National Weanling Sale.
On Tuesday, Yulong also took home Romantic Road (GB) (Lot 624), the unraced Frankel mare out of Canadian Group 1 winner Miss Keller (Ire) (Montjeu {Ire}). Consigned by Bhima Thoroughbreds, she cost them $200,000.
Top sires by aggregate
All Too Hard | 3 | $4,360,000 | $1,453,333 | $4,100,000 |
Invader | 1 | $3,900,000 | $3,900,000 | $3,900,000 |
Choisir | 3 | $3,700,000 | $1,233,333 | $3,200,000 |
More Than Ready | 2 | $3,120,000 | $1,560,000 | $3,000,000 |
Deep Field | 3 | $2,439,000 | $813,000 | $2,300,000 |
Snitzel | 9 | $1,960,000 | $217,778 | $750,000 |
Rubick | 3 | $1,900,000 | $633,333 | $1,600,000 |
Pierro | 5 | $1,840,000 | $368,000 | $1,600,000 |
Vancouver | 2 | $1,550,000 | $775,000 | $1,500,000 |
Dansili | 1 | $1,350,000 | $1,350,000 | $1,350,000 |
Top sires by average (2 or more sold)
More Than Ready | 2 | $1,560,000 | $3,120,000 | $3,000,000 |
All Too Hard | 3 | $1,453,333 | $4,360,000 | $4,100,000 |
Choisir | 3 | $1,233,333 | $3,700,000 | $3,200,000 |
Deep Field | 3 | $813,000 | $2,439,000 | $2,300,000 |
Vancouver | 2 | $775,000 | $1,550,000 | $1,500,000 |
Rubick | 3 | $633,333 | $1,900,000 | $1,600,000 |
Capitalist | 2 | $542,500 | $1,085,000 | $975,000 |
Pierro | 5 | $368,000 | $1,840,000 | $1,600,000 |
Tivaci | 3 | $351,000 | $1,053,000 | $850,000 |
Savabeel | 3 | $332,667 | $998,000 | $900,000 |
Yulong highlights global mare value
Speaking at lunchtime on Tuesday afternoon, Yulong’s Chief Operating Officer Sam Fairgray reiterated Mr Zhang’s vision.
“Mr Zhang is set on building a really nice broodmare band,” he said. “We’re getting up there in numbers now, but he still wants to add a few more and keep supporting our stallions.”
More than a few more had been added by the close of trade on Tuesday, Yulong spending a touch over $19 million on 35 mares on Day 1 of the sale, at an average of $543,743 apiece - up from their Day 1 spend last year of $16.48 million.
“Mr Zhang is set on building a really nice broodmare band. We’re getting up there in numbers now, but he still wants to add a few more and keep supporting our stallions.” - Sam Fairgray
Their purchases weren’t only at the top end; six cost less than $100,000, the cheapest being the $36,000 winning I Am Invincible mare (Lot 551) Data, from the family of Castelvecchio and consigned by Newhaven Park.
However, the headlines were made with four millionaire mares, led by Forbidden Love at $4.1 million. That puts the three-time Group 1 winner in second place in the list of Australia’s most expensive mares in the last five years, trailing only Sunlight (Zoustar), and by only $100,000. However, neither make it into the global top 10 for the last five years.
As TDN AusNZ highlighted on Sunday, Australia’s elite mares appear to offer excellent value on the global scale and, on Tuesday, Fairgray seemed inclined to agree.
“I think Australia, probably for that very top end, has been conservative, and now it’s recognised…worldwide with those top-end mares,” he said. “Obviously, the quality of bloodstock in Australia is world-renowned and you’re starting to see that effect.”
Holland Family fundraiser
Fifteen stallion nominations went under the hammer ahead of the sale kicking off on Tuesday morning, with all proceeds donated to the Holland Family and the National Jockeys Trust. The majority (eight) fetched less than their 2023 advertised fee, with the remainder tipping no more than a couple of thousand over - bar Aquis Farm’s freshman Stronger.
A son of Not A Single Doubt, he was a Group 3 winner in Australia who scored in last year’s G1 The Centenary Sprint Cup at Sha Tin. His fee was announced by Aquis just days ago as $13,750 (inc GST), with his nomination on offer on Tuesday selling to Kenmore Lodge for $20,000.
Stronger | Standing at Aquis Farm
The 15 nominations sold for a total of $323,500.
“It’s an extraordinary outcome, (an) absolutely unbelievable outcome of generosity and support from Magic Millions and from all the farms involved and, of course, from the bidders as well,” said Des O’Keeffe of the Australian Jockeys Association.
“The amount raised is just over $320,000 and for Lucy, Dean’s partner, and importantly for her four children – Harley, Luca, Franklin and Lily – there’s a 20-year plan that’s in place for their future.”