Records Broken At Karaka Premier Sale
It has been a sensational conclusion to the 2007 Premier Sale at Karaka, with the aggregate, median and average
shattering previous records.
The two-day Premier Sale featured 459 catalogued lots, with 363 sold for an all-time record Premier Sale aggregate of
NZ$56,834,000. This is 14% up on last year's aggregate of NZ$49,743,000 for 395 lots sold, and topped the previous
record for this Sale of NZ$55,020,000 for 429 lots sold in 2000.
Lot 411 NZ$2,000,000 Colt from Sunline by Zabeel.
The final Premier session average was NZ$156,567 up 24% from NZ$127,072 last year, also up 23% on the previous record
average of NZ$128,252 when Don Eduardo topped the Sale at NZ$3.6m in 2000.
The all-important Sale median finished up at NZ$110,000 up 38% from last year's NZ$80,000, and up 22% on the record of
NZ$90,000. The clearance rate was a pleasing 84%, up from 81% in 2006.
New Zealand Bloodstock Marketing Manager, Petrea Vela, was delighted with the outcome of the Sale, "It has been a
sensational result for the industry, with record returns to vendors and a strong median and clearance rate showing that
there was genuine strength and depth to the market. A combination of marketing strategies, the new Karaka Million race
and a revival of confidence in our domestic industry has paid dividends for our Sale this year and it is heartening to
see both buyers and vendors pleased with the outcome."
"Particularly pleasing was the buying bench assembled at Karaka, one of the strongest we have seen here in some time.
There was overwhelming demand for good quality bloodstock, continuing a trend we have seen around the world over the
past months. New Zealand buyers were also out in force which we hope will continue throughout the rest of the week at
Karaka."
The Sale featured four seven-figure yearlings, highlighted late on Day Two by the colt from iconic New Zealand racemare,
Sunline, by New Zealand champion sire, Zabeel, which topped the Sale at $2,000,000 to become the third highest priced
horse ever sold at Karaka.
Purchaser Don Ha, a real estate broker from Auckland, said he only decided yesterday to target the colt and looked at
him for the first time today. "I was motivated by the success of horses like Darci Brahma and thought there is only one
opportunity to buy a horse like this. I plan to form a syndicate to race him and, with his pedigree, keep him as a
future stallion prospect."
In racing seven years, previously the most Ha has ever spent on a horse was NZ$60,000, but he said he had no limit on
his budget for this colt. Ha has offered the colt to part-owner, Stephen McKee to train. "It was a bolt out of the blue
when he asked me but of course I'm overjoyed. It couldn't really get any better," said McKee.
Two other colts also passed the magical million dollar mark today, the first of the day being a Redoute's Choice colt
from Mascara Magic bought by Peter Moody for NZ$1,300,000 for a syndicate of Australasian owners.
Moody enthused, "He is a lovely horse, with quite a bit of Danehill about him, but very athletic with a good attitude.
He is a good racehorse for Australia and a good stallion prospect for New Zealand. He's coped phenomenally well at the
Sale and an attitude like that goes a long way towards making a good racehorse."
At Lot 314, a Lonhro colt from Royal Academy mare, Palme d'Or, fetched NZ$1,050,000 to the bid of New Zealand trainer,
Graeme Stubbings. From the family of Belle du Jour, the colt was offered by Ascot Farm.
The leading buyer of the Premier Sale for the second year was David Ellis with 16 yearlings purchased for an aggregate
of NZ$4,805,5000, including the top lot of Day One, a colt by Stravinsky from Melbourne and Caulfield Cups winner,
Ethereal. The colt bred by Peter and Philip Vela's Pencarrow Stud was bought by Ellis for NZ$1,300,000.
Second leading buyer was the Hong Kong Jockey Club, securing 24 yearlings for both the HKJC International Sale and the
newly re-introduced Subscription Griffen Scheme. The HKJC's top priced yearling was Lot 425, a colt by O'Reilly from The
Grin (Grosvenor), a brother to 2003 Champion 3YO, The Jewel, and second top 2YO colt in New Zealand in 2006, The One. He
is destined for the HKJC International Sale in December.
With more than 50% of purchases destined offshore, the results sheets recorded buyers from England, Ireland, Japan,
Singapore, the United States and right across Australia and New Zealand.
The leading vendor by average was Bruce and Maureen Harvey's Ascot Farm, who sold 14 yearlings for a total of
NZ$3,850,000. The leading vendor by aggregate for the 26th year in a row was Sir Patrick Hogan's Cambridge Stud, vendor
of 41 yearlings for NZ$8,915,000 and an average of NZ$217,439, including the top priced Sunline colt.
Once again it was Australian sire Redoute's Choice who was in hot demand, featuring at the top of the sires list with 6
sold for an average of NZ$676,667. First season sire, Lonhro, featured second with three sold for an average of
NZ$410,000.
Karaka Premier Sale Statistics
Overall 2007
Overall 2006
Average
$156,567
$127,072
Aggregate
$56,834,000
$49,558,000
Lots Catalogued
459
516
Lots Sold
363
390
Clearance Rate
84%
81%
Median
$110,000
$80,000
2007 Top Price - Zabeel x Sunline Colt (Lot 411)
$2,000,000
2006 Top Price - Stravinsky
x Grand Echezeaux Colt (Lot 341)
$2,200,000
Premier Sale Top Ten Lots
Lot
Type
Breeding
Vendor
Purchaser
Price
411
B.C
Zabeel / Sunline
CAMBRIDGE STUD
MANUKAU BLOODSTOCK (Auckland)
$2,000,000
137
B.C
Stravinsky / Ethereal
PENCARROW STUD
MR DC ELLIS (Te Akau)
$1,300,000
267
B.C
Redoute's Choice / Mascara Magic
HAUNUI FARM
MR P MOODY (Victoria)
$1,300,000
314
BR.C
Lonhro / Palme d'Or
ASCOT FARM
EQUINE & LIVESTOCK (Hamilton)
$1,050,000
381
B.C
Encosta de Lago / Slip Sliding
CURRAGHMORE STUD
MR DC ELLIS (Te Akau)
$725,000
159
BR.F
Redoute's Choice /
Foxtrot
LITTLE AVONDALE STUD
ROBERT ROULSTON BLOODSTOCK (Victoria)
$700,000
198
BB.C
Redoute's Choice / How About That
ASCOT FARM
MR DC ELLIS (Te
Akau)
$680,000
280
B.F
Encosta de Lago / Miss Helga
CURRAGHMORE STUD
BBA - IRELAND (Ireland)
$625,000
178
B.F
Zabeel / Grace and Power
PENCARROW STUD
NEW
ZEALAND BLOODSTOCK (as agent)
$600,000
254
B.F
Redoute's Choice / Luna Tudor
TRELAWNEY STUD
MR JB CUMMINGS (NSW)
$600,000
Premier Sale Top Ten Purchasers
Purchaser
Bought
Aggregate
Average
Top Price
MR DC ELLIS (Te Akau)
16
$4,805,500
$300,344
$1,300,000
HONG KONG JOCKEY CLUB (Hong Kong)
24
$3,995,000
$166,458
$510,000
ROGERSON BLOODSTOCK/DORMELLO STUD (Hamilton)
24
$3,550,000
$147,917
380000
MANUKAU BLOODSTOCK (Auckland)
1
$2,000,000
$2,000,000
$2,000,000
ROBERT ROULSTON BLOODSTOCK (VIC)
10
$1,837,500
$183,750
$700,000
MR P MOODY (Victoria)
4
$1,555,000
$388,750
$1,300,000
NEW ZEALAND BLOODSTOCK (as agent)
9
$1,507,500
$167,500
$600,000
MR JB CUMMINGS (NSW)
5
$1,445,000
$289,000
$600,000
BRUCE PERRY BLOODSTOCK (Masterton)
7
$1,324,000
$189,143
$440,000
MR D O'BYRNE
(Ireland)
7
$1,145,000
$163,571
$270,000
Premier Sale Top Ten Vendors by Aggregate
Vendor
Sold
Aggregate
Average
Top Price
CAMBRIDGE
STUD
41
$8,915,000
$217,439
$2,000,000
CURRAGHMORE STUD
22
$5,090,000
$231,364
$725,000
PENCARROW STUD
17
$4,380,000
$257,647
$1,300,000
WAIKATO STUD
31
$4,365,000
$140,806
$380,000
ASCOT FARM
14
$3,850,000
$275,000
$1,050,000
WINDSOR PARK STUD
33
$3,754,000
$113,758
$300,000
HAUNUI FARM
14
$3,127,500
$223,393
$1,300,000
TRELAWNEY STUD
22
$2,670,000
$121,364
$600,000
LITTLE AVONDALE STUD
10
$2,390,000
$239,000
$700,000
RICH HILL THOROUGHBREDS
13
$1,910,000
$146,923
$360,000
Premier Sale Top Ten Vendors by Average
Vendor
Sold
Average
Aggregate
Top Price
ASCOT FARM
14
$275,000
$3,850,000
$1,050,000
PENCARROW STUD
17
$257,647
$4,380,000
$1,300,000
LITTLE AVONDALE STUD
10
$239,000
$2,390,000
$700,000
CURRAGHMORE STUD
22
$231,364
$5,090,000
$725,000
HAUNUI FARM
14
$223,393
$3,127,500
$1,300,000
CAMBRIDGE STUD
41
$217,439
$8,915,000
$2,000,000
BLOOMSBURY STUD
3
$186,667
$560,000
$210,000
WHAKANUI STUD
3
$181,667
$545,000
$250,000
WESTBURY STUD
3
$173,333
$520,000
$220,000
RODMOR STUD
7
$165,714
$1,160,000
$510,000
Premier Sale Top Five First Season Sires (3 or more sold)
Sire
Sold
Average
Aggregate
Top Price
Lonhro
3
$410,000
$1,230,000
$1,050,000
Falbrav
3
$196,667
$590,000
$300,000
Exceed and Excel
3
$166,667
$500,000
$300,000
Reset
6
$142,500
$855,000
$200,000
Thorn Park
13
$133,846
$1,740,000
$260,000
Premier Sale Leading
Sires by Average (3 or more sold)
Sire
Sold
Average
Aggregate
Top Price
Redoute's Choice
6
$676,667
$4,060,000
$1,300,000
Lonhro
3
$410,000
$1,230,000
$1,050,000
Encosta de Lago
11
$322,273
$3,545,000
$725,000
Zabeel
22
$299,318
$6,585,000
$2,000,000
Stravinsky
32
$202,969
$6,495,000
$1,300,000
Falbrav
3
$196,667
$590,000
$300,000
General Nediym
3
$195,000
$585,000
$380,000
More Than Ready
5
$186,000
$930,000
$320,000
Flying Spur
3
$180,000
$540,000
$220,000
Giant's Causeway
5
$171,000
$855,000
The National Yearling Sales Series continues at Karaka with the first day of the Select Sale starting at 2pm tomorrow
(31 January). A live webcast of the Select Sale can be viewed online athttp://www.nzb.co.nz/
ENDS.