Karaka Premier Yearling Sale – Day 1

Pictured left is Coolmore Stud's Tom Magnier with today's sale topper - lot 63, Fastnet Rock ex Celebria. The blue-blooded colt was consigned by Gordan Cunningham's Curraghmore Stud, on behalf of John Cameilleri's Fairway Thoroughbreds, and sold to Coolmore  for $1,975,000.
Pictured left is Coolmore Stud’s Tom Magnier with today’s sale topper – lot 63, Fastnet Rock ex Celebria. The blue-blooded colt was consigned by Gordan Cunningham’s Curraghmore Stud, on behalf of John Cameilleri’s Fairway Thoroughbreds, and sold to Coolmore for $1,975,000.

With 220 lots scheduled for Day 1 of the Karaka Premier Yearling Sale, 206 lots went through the ring (14 withdrawals) , with a clearance rate of 77%. The average currently stands at $161,332, with $25.4m traded on Day 1.  All figures are up on last year’s opening day.

38 lots sold for $200,000 or more, with the sires represented in this price range being; Fastnet Rock (8 yearlings sold for $200,000 or more), O’Reilly (5), Zabeel (4), Encosta de Lago (3), High Chaparral (2), Pentire (2), Redoute’s Choice (2), Street Cry (2), and Alamosa, Captain Rio, Duporth, Mastercraftsman, Nicconi, Pins, Shamardal, Starcraft, Teofilo, and Thorn Park each having 1 yearling sell for $200,000 or more on Day 1 of the sale.

Coolmore Stud sires Fastnet Rock, High Chaparral, and Encosta de Lago accounted for 6 of the top 10 lots, with Cambridge Stud’s Zabeel, and Waikato Stud’s O’Reilly being represented by 2 yearlings each in the Top 10.

The top 10 lots on Day 1 were:

Lot 63 c. Fastnet Rock – Celebria $1,975,000

Lot 103 f. Zabeel – Destined $800,000

Lot 129 f. Fastnet Rock – Episode $700,000

Lot 42 c. High Chaparral – Bombay $480,000

Lot 130 c. O’Reilly – Escada $460,000

Lot132 c. Encosta de Lago – Etheral $425,000

Lot 173 c. Fastnet Rock – Gypsy Princess $410,000

Lot 109 c. Fastnet Rock – Distinctly $400,000

Lot 216 f. Zabeel – La Etoile $360,000

Lot 206 c. O’Reilly – Know All $320,000

Fastnet Rock’s 2010 stud fee was AUS$125,000. From 11 yearlings offered today, 10 sold, averaging $472,500.

Encosta de Lago’s 2010 stud fee was AUS $130,000.  Of his 5 yearlings offered today, 4 sold, for an average of $277,500.

Redoute’s Choice had 2 yearlings go through the ring on Day 1 – both sold for an average of $255,000 (off a 2010 fee of AUS$160,000).

Zabeel’s 2010 stud fee was $100,000.  From 17 yearlings offered today, 13 sold, averaging $213,846.

High Chaparral’s 2010 stud fee was AUS$88,000.  He had 10 yearlings offered today, all selling, for an average of $186,000.

O’Reilly’s 2010 stud fee was $50,000.  He had 20 yearlings go through the ring today – 13 sold, averaging $181,731.

Savabeel’s 2010 stud fee was $20,000.  All 5 of his yearlings offered today sold, averaging $133,000.

Pentire stood the 2010 season for $35,000.  Today his 11 yearlings sold, from 14 offered, sold for an average of $113,909.

Pins yearlings also proved popular today. Of the 17 offered, 13 sold, averaging $123,269.

Of the 1st crop sires, Mastercraftsman proved extremely popular today.  He was represented today by 25 yearlings.  15 sold at an average price of $105,167, providing a good return on his $25,000 2010 stud fee.  While he had 10 lots pass in today, it is worth noting that none passed in for less than his stud fee, and most passed in for considerably more.

Nicconi was represented by just 1 yearling today but made a big impact with that lot selling for $300,000, off a 2010 stud fee of AUS$20,000.

Duporth, who also stood his first season at stud in 2010, was represented by 3 yearlings today.  2 sold at an average of $145,000 – a very good return on his 2010 fee of AUS$16,500.

Two other sires that fared very well, relative to their 2010 stud fees, were Alamosa and Thorn Park.  Alamosa stood the 2010 season at a fee of $15,000 – his 5 yearlings sold today from 5 offered, averaged $125,000.  The ill-fated Thorn Park had 6 of his 8 lots offered today sell for an average of $124,167, off a 2010 stud fee of $13,500.

Overall, it was a strong day’s trading at Karaka.  Coolmore Stud signed for the day’s top lot – the Fastnet Rock colt out of the proven G1 producer Celebria, from the family of Redoute’s Choice, is the fifth highest priced yearling ever sold at Karaka.  The top lot, sold by Curraghmore Stud on behalf of John Cameilleri’s Fairway Thoroughbreds, is to be trained by David Hayes.

Curraghmore Stud was the day’s leading vendor with their 15 lots offered all selling for an aggregate of $6,270,000, and an average of $418,000.

Leading the buyers today was the Hong Kong Jockey Club which purchased 6 yearlings for $2,115,000, and an average of $352,000.

‘Graduates of the Karaka Premier Sale have won 35 Group 1 races in the last three seasons. The 2013 Sale will offer 441 yearlings by 57 sires from around the world, with siblings to 106 stakes winners and yearlings from 123 stakes winning mares.’ – http://www.nzb.co.nz/index.cfm