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MM Tasmania Sets New Record Average

Friday, 17th February 2017

Yesterday's Magic Millions Tasmania Sale culminated with a record average price of $24,062, boasting a gross of $2.31 million at a clearance rate of over 78 per cent. "To hold our mark on what was a spectacular sale last year is a fabulous result for the Tasmanian breeders," Magic Millions Managing Director Vin Cox said. "It has become evident that mainland buyers are zeroing in on this sale with good reason following the outstanding racetrack success of previous graduates." Today we saw the record price for a Tasmanian Yearling obliterated to $160,000 - congratulations to the McCulloch family of Grenville Stud; it would be tremendously rewarding for them to attain such a result." Cox added, "With the support of Tasracing we've been able to grow this sale exponentially over the last few years." The Magic Millions focus now switches to Western Australia for the 2017 Perth Yearling Sale to be conducted on Monday and Tuesday.

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