2 Big Magic Millions Sales Coming to the Gold Coast

2 Big Magic Millions Sales Coming to the Gold Coast

2 Big Magic Millions Sales Coming to the Gold Coast

2018 Gold Coast 2YOs In Training Sale

Selling Schedule

Thu 13 Sep from 9am – Breeze Up at Warwick Farm
Fri 14 Sep from 9am – Breeze Up at Seymour
Mon 17 Sep from 9.30am – Breeze Up at Gold Coast
Mon 8 Oct from 9.30am – Breeze Up at Gold Coast
Tue 9 Oct from 11am – Sale Day

Entries are already closed for the 2018 edition of Australia’s most popular breeze up style auction, the Magic Millions Gold Coast 2YOs in Training Sale.

To be held at the Gold Coast on October 9 after four breeze up sessions at three venues, the sale will attract a first class domestic and international buying bench looking for their next racetrack star.

Last year’s sale was a great success with 33 lots selling for $100,000 or more with buyers returning to the auction where the graduates record real success.

In 2017 the sale boasted an outstanding depth to the buying bench with $6.1 million of stock sold to Asia including $2.8 million to Hong Kong. The domestic market spent a tick under $4 million.

With an average price around $60,000 and a median price climbing 23%, last year’s auction was well received by buyers around Australia and across the globe.

Graduates over the past five years include 641 winners, among them an impressive 42 individual black type performers.

2018 Gold Coast Spring Racehorse Sale

This is always an interesting sale for those interested in buying proven horses, keep an eye out on news on this sale at Magic Millions.

Magic Millions is best known for its showcase Gold Coast Yearling Sale each January. It is the company’s signature sale. However Magic Millions operates its thoroughbred auction house all year round conducting sales in four states of Australia.

Every year Magic Millions catalogues close to 3,000 yearlings across the seven sales that comprise its Yearling Sale Series.

The auction house is the leading producer of stakes winners across Australia, and the number one source of Group One wins over the most recent racing season.

Complementing the Magic Millions Yearling Sale Series, the Magic Millions $11 million plus Race Series was a world first concept that has been developed to make our Gold Coast Raceday one of Australia’s richest, and indeed one of the top ten richest race meetings in the world.

The Star Gold Coast Magic Millions Carnival and Raceday is held over a ten day period annually each January to coincide with the flagship Yearling Sale. Consisting of 26 Magic Millions run or affiliate events, the atmosphere created by the Carnival is an unmistakably unique celebration of the Gold Coast region.

Whilst yearling sales account for the majority of Magic Millions’ sales operations, the second largest event on its sales calendar is a breeding stock sale. Magic Millions conducts a major sale of weanlings, broodmares and race fillies in late May/early June, the number one sale of its type in the Southern Hemisphere.

The other major sale type on the Magic Millions calendar is its two-year-olds in training sale, conducted each Spring, providing buyers the opportunity purchase race-ready young horses.

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S. Jack Heffernan Ph.D. 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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