Encouraging returns at Perth Magic Millions

Perth’s Magic Millions yearling sale posted another encouraging result for the industry after positive starts at the Gold Coast Magic Millions and Inglis Classic yearling sales.

When Sessions 1-3 finished on Friday night, the average had climbed to $41,229 which was welcome news for WA vendors.  That was up from $38,257 last year.   The clearance rate was 78% but is expected to break 80% after the completion of further sales.

Total turnover on the Wednesday, Thursday and Friday sessions was $13.15 million.  There were 15 extra lots this year and they helped increase business by more than $1.52 million.

The Perth yearling sale kicked off with a $230,000 filly by More Than Ready offered by Oakland Park Stud and purchased by BC3 Thoroughbreds.  She is from the stakes winning Bletchley Park mare Ebony Magic who is a sister to the dam of G1 WA Railway Stakes winner Covertly.

BC3 spokesman Simon Marshall said the filly was a real stand-out and was a must for his team.  “We have a grading system and she was just one level off the top,” he said.  “She is going to make into a lovely breeze-up prospect later in the year.”

A Fastnet Rock colt sold for $220,000 to Tiong Seng Ong, a regular Magic Millions client from Singapore.  The youngster is from the stakes winning Fusaichi Pegasus mare Imaginaire.

He was consigned by Cape Falls Thoroughbreds as was a $175,000 Lonhro – Infatuated colt that old to another Singapore client of Magic Millions.

An Exceed and Excel – Born Priceless colt sold for $200,000 to trainer Dan Morton.  The Yarradale Stud offering is the fifth foal of the Karrakatta Plate winner Born Priceless (Pricelessly).

Morton, whose previous graduates of the sale include star performers Scenic Blast and Scenic Shot, was delighted to add the colt to his list of purchases.  “He’s a really nice colt by a great stallion,” Morton said.  “The dam had a lot of ability.”

Denise Martin and Gai Waterhouse bought their first-ever yearling in Perth when they snapped up a Fastnet Rock – Munchie colt for $180,000 during the second session.  The youngster was offered by Kambula Stud as agent for Victoria’s Woodside Park Stud.

“I love the Fastnet Rocks,” Martin said.  “He’s such a young, hot sire and it’s been difficult to secure a nice one.  Gai and our vet Greg (Nash) thought he was one of the top picks of the sale.”

Waterhouse was impressed with the Perth catalogue.  “The horses are well prepared,” Waterhouse noted.  “I’ve really enjoyed the trip and will be back next year.”

The half brother to outstanding galloper Scenic Shot will stay in his home state after being purchased for $180,000 by agent Damon Gabbedy at Friday’s third session..  “I thought he was the colt of the sale,” Gabbedy said.  “He’s a half brother to a horse who’s won 15 races and $2.5 million – you don’t often get the chance to buy half relations to champions.”

The colt by Victoria Derby winner Blackfriars was a member of the quality draft from Gray and Jan Williamson’s Mungrup Stud.  “I purchased the dam Sweepshot in foal to Blackfriars for Mungrup – so it’s nice to be able to buy the colt for a client.”

The full brother to Magic Millions 2YO Classic winner Time to Climb made $120,000.  The Bearcat colt was purchased by renowned Perth agent John Chalmers.