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Strong Competition at NZB Ready to Run Sale

Strong Competition at NZB Ready to Run Sale

Day 1 of New Zealand Bloodstock’s 2013 Ready to Run Sale of 2YOs concluded today at Karaka, with some hot competition over the course of the day reflected in a strong average and median for the 107 horses sold.

With 30 more lots catalogued than last year, Day 1 featured 220 of this year’s 437 entries, with 107 sold for $8,787,500, compared with 111 sold for $8,063,000 on Day 1 last year.

That represented an average of $82,126 today, tracking 13% ahead of last year’s record Sale average of $72,865, with a median of $55,000, also significantly ahead of last year’s record of $48,000.

The top price of the day came late in proceedings with Anton Koolman’s Fraternity Thoroughbreds signing for Lot 201 for $320,000, the Holy Roman Emperor colt from Rule the Waves (King’s Best) offered by Lyndhurst Farm.

Sydney-based Koolman and wife Margaret were back buying at Karaka for the first time in several years, with Fraternity Thoroughbreds purchasing two horses today for a total of $560,000. Earlier in the day, they secured the fourth top price of the day Lot 155 the Exceed and Excel colt bought for $240,000 from Mana Park.

“I’m not a committed breeze up sale guy and I haven’t bought here for a while but we have found a few we like,” commented Anton.

“I liked [Lot 201]’s type and Holy Roman Emperor is going well in Hong Kong and Singapore so, although he was a lot of money, we wanted him and were prepared for that. He’ll go to Australia and then on to Hong Kong to be trained by Paul O’Sullivan.”

Also returning to Karaka after a lengthy absence was Macau’s seven-time champion trainer Gary Moore, who announced his return by securing the third-top priced lot of the day, the colt at Lot 167 bought for $270,000 from Diamond Lodge.

The sole entry in the Sale by Northern Meteor, the youngster provided one of the eye-catching Breeze Ups, breezing in a time of 10.30 seconds.

“Northern Meteor has been well publicised as a fantastic sire and I liked this horse from the moment I saw him. I’m very pleased to have got him as I bought him for a very good client of mine in Macau,” commented Moore.

“I have looked at the statistics from this Sale over the past few years and I think the quality of horses here is very high and they have been beautifully prepared by the consignors.”

“I’ve been to a number of horses-in-training sales looking for the right horse and it is this Sale that has come out on top. I’m delighted to be back here in New Zealand and I’m sure I’ll be back in the future, hopefully with my brother John.”

Lot 122 provided an early highlight with the Bernardini gelding from the Danehill mare Miguelita bought for $300,000 by Willie Leung’s Magus Equine for Hong Kong from Lyndhurst Farm.  

“I love Bernardini and paid a bit more than I expected to for this horse but Bernardini is doing very well in Australia and America at the moment. This horse is a big, strong mover and I know he’ll take a little bit more time to strengthen up so I will leave him in New Zealand for more education before sending him up to Hong Kong,” said Leung.

“The New Zealand Ready to Run Sale always brings me a bit of luck so I always enjoy coming here to buy.”

Mark & Shelley Treweek’s Lyndhurst Farm looks all but certain to hold onto its position as the leading vendor at this Sale for the seventh year in a row, providing four of the top six lots of the day. Seven of their 21 entries have sold for $1,381,000 at an average of $197,286, well ahead of their Day 1 average last year of just over $142,000. Lyndhurst will open proceedings tomorrow with Lot 221, with a total of 11 catalogued for tomorrow.

After Fraternity Thoroughbreds, the next leading buyer for the day was New Zealand’s David Ellis of Te Akau Racing, with five horses bought for $360,000. Ellis’ top price was $150,000 paid at the end of the day for the Murtajil colt at Lot 218 from Bradbury Park.

Ellis was the only local buyer in today’s top ten, with Australia, Singapore, Macau, China, and Hong Kong also represented, showing the diversity of the buying bench.

NZB Co-Managing Director Petrea Vela commented on the day’s proceedings.

“We are very pleased with the strong and diverse international buying bench we’ve got here at Karaka, as strong as we’ve ever seen. There’s very good competition on a number of the horses on offer which has been reflected in the average and median far exceeding last year’s records. 

“This is the second biggest Ready to Run catalogue we’ve had here in over 10 years and, with the increased numbers, matching last year’s clearance rate was always going to be a challenge and that has proven the case. After some quiet patches early on it picked up over the afternoon and hopefully we can see some strengthening to the clearance again tomorrow.”

With over 100 individual sires represented, there were a diverse range of stallions featuring prominently and it was New Zealand-based sires Savabeel and Mastercraftsman that ended the day on top of the leading sires table based on average with three or more horses sold.

Selling will continue at Karaka tomorrow with Lots 221 to 437 from 11am. The Sale will also be streamed live online at www.nzb.co.nz.

2013 Ready to Run Sale Statistics

 2013 DAY 12012 DAY 1
AGGREGATE$8,787,500$8,063,000
AVERAGE$82,126$72,640
MEDIAN$55,000$52,500
CLEARANCE57%67%
CATALOGUED220204
SOLD107111
TOP LOT$320,000 (Lot 201)$300,000 (Lot 19)

Top Lots

LotTypeBreedingVendorPurchaserPrice
201B. CHoly Roman Emperor / Rule the WavesLyndhurst FarmFraternity Thoroughbreds (NSW)$320,000
122BR. GBernardini / MiguelitaLyndhurst FarmMagus Equine (Hong Kong)$300,000
167B. CNorthern Meteor / Pastel RoseDiamond LodgeMr GW Moore (Macau)$270,000
155B. CExceed and Excel / On Hallowed GroundMana ParkFraternity Thoroughbreds (NSW)$240,000
63G. CMastercraftsman / KewLyndhurst FarmJohn Chalmers Bloodstock (WA)$220,000
59B. CThorn Park / KashiraLyndhurst FarmLeung Wang Tun (Hong Kong)$220,000
139BB CBachelor Duke / MontmartreRegal FarmMr YM Hui (Hong Kong)$210,000
180Ch. CSebring / Pride of AfricaMana ParkPoletti Corporation (NSW)$200,000
171B. GSavabeel / Pin OakAscot FarmMJ Freedman/Michael Wallace B/S (Singapore)$200,000
146B. CZabeel / MydanehillprincessRegal FarmShailer Thoroughbreds (Matamata)$200,000
192B. CPentire / Red QueenPertab BloodstockEllerslie Lodge BN Heys (NSW)$200,000

Leading Purchasers by Aggregate

<td>Average
PurchaserLocationBoughtAggregateTop Price
Fraternity ThoroughbredsNew South Wales2$560,000$280,000$320,000 (Lot 201)
Mr DC EllisTe Akau5$360,000$72,000$150,000 (Lot 218)
John Chalmers BloodstockWestern Australia2$350,000$175,000$220,000 (Lot 63)
MJ Freedman/Michael Wallace B/SSingapore2$350,000$175,000$200,000 (Lot 171)
Ellerslie Lodge BN HeysNew South Wales2$340,000$170,000$200,000 (Lot 192)
Mr YM HuiHong Kong2$305,000$152,500$210,000 (Lot 139)
Magus EquineHong Kong1$300,000$300,000$300,000 (Lot 122)
China Inner Mongolia Rider Horse GroupChina3$275,000$91,667$160,000 (Lot 26)
Mr GW MooreMacau1$270,000$270,000$270,000 (Lot 167)
Mr M ChangHong Kong2$270,000$135,000$170,000 (Lot 81)

Leading Vendors by Aggregate

VendorSoldAggregateAverageTop Price
Lyndhurst Farm7$1,381,000$197,286$320,000 (Lot 201)
Mana Park10$1,122,500$112,250$240,000 (Lot 155)
Regal Farm11$1,020,000$92,727$210,000 (Lot 139)
Diamond Lodge7$645,000$92,143$270,000 (Lot 167)
Anzac Lodge4$495,000$123,750$170,000 (Lot 81)
Ascot Farm2$320,000$160,000$200,000 (Lot 171)
Bradbury Park3$318,000$106,000$150,000 (Lot 218)
Kilgravin Lodge5$303,000$60,600$110,000 (Lot 160)
The Oaks Stud3$295,000$98,333$150,000 (Lot 215)
Pertab Bloodstock3$267,500$89,167$200,000 (Lot 192)

Leading Vendors by Average (three or more sold)

VendorSoldAverageAggregateTop Price
Lyndhurst Farm7$197,286$1,381,000$320,000 (Lot 201)
Anzac Lodge4$123,750$495,000$170,000 (Lot 81)
Mana Park10$112,250$1,122,500$240,000 (Lot 155)
Bradbury Park3$106,000$318,000$150,000 (Lot 218)
The Oaks Stud3$98,333$295,000$150,000 (Lot 215)
Regal Farm11$92,727$1,020,000$210,000 (Lot 139)
Diamond Lodge7$92,143$645,000$270,000 (Lot 167)
Pertab Bloodstock3$89,167$267,500$200,000 (Lot 192)
Venture Thoroughbreds Ltd3$68,333$205,000$120,000 (Lot 15)
Kilgravin Lodge5$60,600$303,000$110,000 (Lot 160)

Leading Sires by Average (three or more sold)

SireSoldAverageAggregateTop Price
Savabeel3$150,000$450,000$200,000 (Lot 171)
Mastercraftsman3$143,333$430,000$220,000 (Lot 63)
Bachelor Duke5$109,600$548,000$210,000 (Lot 139)
Elusive City3$91,667$275,000$100,000 (Lot 32, 64)
O'Reilly6$87,500$525,000$130,000 (Lot 62)
Alamosa6$82,500$495,000$190,000 (Lot 210)
Keeper5$74,000$370,000$140,000 (Lot 29)
Darci Brahma3$63,333$190,000$100,000 (Lot 49)
Guillotine5$52,000$260,000$95,000 (Lot 193)
Mr. Nancho3$36,167$108,500$40,000 (Lot 38)

ENDS

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