Arrowfield Own Day 3 of the Magic Millions

Arrowfield Own Day 3 of the Magic Millions

Arrowfield Own Day 3 of the Magic Millions

Arrowfield Estate

Arrowfield Stud was established in 1985 under the visionary and innovative leadership of John Messara.

Traversed by the Pages River, the Arrowfield Estate comprises 2500 acres of prime land in the fertile Segenhoe Valley, near Scone in the Upper Hunter region of New South Wales, long famous as a source of great thoroughbred horses. The Estate includes Arrowfield Stud, Arrowfield Broodmare Farm and the Arrowfield Sales Centre. The infrastructure and facilities at all three properties have been designed and constructed to ensure the best care of all resident horses and the safety of the people who work with them.

Redoute’s Choice

A cracking colt by champion sire Redoute’s Choice topped Day Three of the 2017 Magic Millions Gold Coast Yearling Sale on Friday.

The colt joined yesterday’s top seller, the full brother to Sebring, at the top of the leaderboard for the auction when he was sold for $1.3 million.Leading Sydney based bloodstock agent James Harron purchased the colt who was offered by Arrowfield Stud as Lot 651.

“He’s a beauty,” Harron said. “He’s a neat Redoute’s. He’s not too big but he has a nice girth and is a nice mover.”

“He handled the whole sale like a real pro. I can’t wait to get him back to Peter’s to see what we’ve got.”

“We had him rated one of the top colts of the sale and he’s by a champion sire in Redoute’s Choice. We’d pegged him as a million dollar colt, but we just hope he didn’t go too far past it.”

“A beautiful horse with a great pedigree and beautiful physique. He fits in very well with what we’re trying to do,” Harron summed up.

The Redoute’s Choice colt is the third foal for the unraced Stravinsky mare Ballet Blue – a half sister to six stakes horses and from the family of Group One winner Imananabaa.

Snitzel

The second top price of the day was $925,000 for Lot 549, the Snitzel-Ultimate Fever colt from Luskin Park.

The China Horse Club teamed up with Newgate and Winstar Farm to secure the colt, a full brother to recent stakes winner Le Cordon Bleu – an exciting short course performer who runs in tomorrow’s $1 million Magic Millions Sprint.

“This was a colt we really didn’t want to leave behind,” China Horse Club bloodstock agent Michael Wallace said. “The physical attributes he has are what we really look for in a horse.”

“It’s a global game and Australia has a very buoyant stallion market and if you get the right Snitzel colt you get really well paid at the end of it.”

Here’s a Video of the 2 Arrowfield Champions

Yarraman Park

Yarraman Park has been owned by the Mitchell family since 1968 and is managed by brothers Arthur and Harry Mitchell. Both Arthur and Harry are hands on all year round and are both highly experienced horsemen who bring a lifetime of international and local experience to the stud along with vast worldwide contracts.

Another lot to attract plenty of interest was Lot 607 – Milburn Creek’s I Am Invincible half brother to Group One winner and promising young sire Sizzling.

In the end it was South Australian trainer Tony McEvoy who secured the good looking bay colt with a $900,000 bid.

“I was hoping to get him for under a million,” McEvoy commented. “If we could have got him between six and eight hundred thousand I thought he would have been the buy of the sale.”

“He’s a quality horse. I was actually under bidder on his brother Sizzling. I loved Sizzling and we just missed him and I didn’t want to miss this colt.”

“I’m so excited about him, he’s a beautiful, beautiful colt,” McEvoy added.

So far the auction has seen almost $120 million traded on 574 lots sold at an increased average price of $208,824 and impressive clearance rate of 87 per cent.

“The market certainly consolidated from yesterday,” Magic Millions Managing Director Vin Cox noted.

“The numbers are all but the same as yesterday. The average is sitting around the $208,000 mark which we’re obviously very pleased with and the turnover is just wonderful.”

To view the results of the sale so far, to make an offer on a passed in lot or to view the online catalogue click here. And to catch a video review of Day Three of the auction click here.

Day Four of the Gold Coast Yearling Sale will commence at 6pm tomorrow following the running of the $10 million Magic Millions Raceday over the road at the Gold Coast Turf Club.

DAY THREE TOP SELLERS

$1,300,000 – Redoute’s Choice-Ballet Blue colt (Lot 651)
Vendor: Arrowfield Stud (As Agent) / Buyer: James Harron B’stock (NSW)

$925,000 – Snitzel-Ultimate Fever colt (Lot 549)
Luskin Park Stud (As Agent) / China Horse Club/Newgate/Winstar (China)

$900,000 – I Am Invincible-Admirelle colt (Lot 607)
Milburn Creek / McEvoy Mitchell Racing (SA)

$850,000 – Snitzel-Your Life Style filly (Lot 583)
Newgate Farm (As Agent) / Rick Worthington as agent (Vic)

$700,000 – Fastnet Rock-Cats Whisker filly (Lot 703)
Coolmore Stud (As Agent) / Alan Bell Racing (NSW)

SALE STATISTICS

Lots Catalogued: 720 (648)
Lots Sold: 574 (512)
Lots Passed In: 87 (69)
Lots Withdrawn: 58 (67)
Sale Gross: $119,865,000 ($102,760,000)
Top Price: $1,300,000 ($1,600,000)
Average Price: $208,824 ($200,312)
Median Price: $160,000 ($150,000)
Sold %: 87 (88)

LEADING BUYERS
(ranked by total spend)

$4,615,000 – James Harron B’stock – 11 lots
$3,155,000 – Gai Waterhouse & Adrian Bott Racing – 16 lots
$2,895,000 – Shadwell Australasia – 7 lots
$2,700,000 – Waller Racing/Mulcaster B’stock – 8 lots
$2,540,000 – China Horse Club/Newgate TS/Winstar – 5 lots
$2,460,000 – McEvoy Mitchell Racing – 7 lots
$2,450,000 – Ciaron Maher Racing – 10 lots
$2,120,000 – Hong Kong Jockey Club – 9 lots
$2,030,000 – Boomer B’stock – 4 lots
$2,020,000 – Little Kwok Hing Hung/Bahen B’stock – 3 lots

LEADING SIRES
(ranked by average – 3 or more sold)

$371,364 – Redoute’s Choice – 11 sold
$350,714 – Snitzel – 35 sold
$327,714 – I Am Invincible – 35 sold
$320,556 – Exceed and Excel – 9 sold
$307,500 – Written Tycoon – 8 sold
$305,909 – Fastnet Rock – 22 sold
$300,714 – More Than Ready – 21 sold
$292,308 – Not a Single Doubt – 16 sold
$272,500 – Dundeel – 10 sold
$264,231 – Medaglia d’Oro – 13 sold

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Shayne Heffernan Funds Manager at HEFFX holds a Ph.D. in Economics and brings with him over 25 years of trading experience in Asia and hands on experience in Venture Capital, he has been involved in several start ups that have seen market capitalization over $500m and 1 that reach a peak market cap of $15b. He has managed and overseen start ups in Mining, Shipping, Technology and Financial Services.

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