Ferocity colt fetches top price
A stunning grey colt by Ferocity, regarded as a precocious sire of juvenile winning racehorses, sold for $27,500 to top the inaugural Magic Millions Capricornia Yearling Sales in Rockhampton yesterday.
The colt was purchased privately by Magic Millions, acting on behalf of clients of Gold Coast trainer Toby Edmonds.
“They were delighted with the purchase and he will be primarily targeted towards the $135,000 Capricornia Sales Classic in Rockhampton in 2012,” Magic Millions Bloodstock manager Paul Knight said.
Four other yearlings fetched $20,000 or more.
Wilpeena’s Alan Acton signed off on a Hidden Dragon colt (Lot 53) for $22,000, as well as a Garrison Savannah colt (Lot 21) for $20,000.
In all, 59 of the 94 yearlings offered at the sale sold, grossing $456,700 for an average price of $7741.
It was particularly noteworthy that of the 35 yearlings that were recorded as passed in, 23 of them were within a range of $500 to $2000 of their reserve price.
Many were expected to be sold last night or today, when under-bidders and vendors concluded negotiations.
Magic Millions acting general manager David Chester admitted it had been a tough sale but said the auctioneer house was by no means surprised.
“Of course we would have loved to have seen more horses sold through the ring but realistically Queensland, and in particular Central Queensland, is still in recovery mode from the devastating floods.
The trend in Rockhampton was similar to that at the Gold Coast at the recent QTIS 600 Sale.
“However, let me assure both vendors and buyers that Magic Millions is here in Rockhampton for the long haul.
We are genuinely committed to making this sale work and believe me it is going to work in the ensuing years,” Chester said.
Central Queensland Thoroughbred Breeders Association president Ross Shannon noted the buying bench was very discerning, while praising the professionalism demonstrated by the Magic Millions team.
Kerrod and Glenda Smyth’s Laurel Glen draft of yearlings caught the eye of buyers, including Brisbane’s Liam Birchley, who acquired their Stromberg Carlson-Fiery Disposition colt for $20,000.
Toowoomba trainer Rex Lipp believed he secured a bargain in the first yearling offered, a Sequalo filly, for a mere $4000.
Young Rockhampton trainer Craig Howell will train Lot 25 (Bradbury’s Luck–Kamala Beach) colt, sold for $4500, as well as a Hotel Grand-Picabelle filly bought for $11,500.
“This is a brilliant sale for buyers.
“The value is here and we just couldn’t resist these two top types at the price,” Howell said.