Daily News Archive
Daily News Subscription
MM March Sale Day-2: Average Up 36%
A pair of outstanding colts shared the honours as prices soared with the 2015 Magic Millions Gold Coast March Yearling Sale declared a "roaring success" after another great of selling yesterday. Thanks to a revitalised QTIS scheme, increased prize money and the announcement of Australia's richest raceday including a $1 million QTIS feature, the sale gross rose 57 per cent on last year's auction and the average price climbed over 36 per cent. The clearance rate was a record for the March Yearling Sale at 81 per cent. Youngsters by Turffontein and Northern Meteor topped the day's proceedings and rounded out the sale with the honour of being joint sale toppers when selling for $170,000. Top Brisbane trainer Kelly Schweida secured his top pick of the sale, the Turffontein half brother to his talented stable runners Cape Kidnappers and Tiger Dimejan early on Tuesday afternoon. Catalogued as lot 270, the bay colt was presented at the sale by Glenlogan Park. He is the seventh foal of the city winning and top producing Red Ransom mare Kidnapper. "He's a very nice horse and I'm delighted to be able to purchase him," Schweida said. "He will be syndicated amongst owners of Cape Kidnappers and Tiger Dimejan and other stable clients." Meanwhile, Lot 391, the Northern Meteor-Rose Island colt from the draft of Wattle Brae Stud sold late in the evening for $170,000 to leading trainer Barry Baldwin. The colt is the third foal of the lightly raced Fusaichi Pegasus mare Rose Island - a half sister to group performer Bound to Blush. He hails from the same family as Gr1 winner Keeper. "He's a nice, neat colt who looks the ideal horse for next year's Magic Millions (2YO Classic)," Baldwin said. At the close of the sale over $8.68 million (up 57% on 2014) was traded on 297 lots sold at an average price of $29,227 (up 36%) the clearance rate soared to 81 per cent - well up on the 69 per cent recorded last year. "It's been a staggering sale from start to finish," Magic Millions Managing Director Vin Cox said. "By every measure the sale is a roaring success." He added, "The success of the sale can be wholly attributed to the prize money increases in Queensland racing. Since Kevin Dixon and his team have taken over Racing Queensland there has been a seismic shift in the attitude of all participants."