Historic Start to Karaka Premier Sale

26 January 2015

Cambridge Stud took centre stage on the first day of New Zealand Bloodstock’s Premier Sale at Karaka today, providing a host of highlights on a very solid opening day’s trade.

Sir P

Sir Patrick Hogan with Lot 102, the final Zabeel yearling to ever be sold.

The star of the day was Sir Patrick Hogan who led the very last yearling by Cambridge Stud’s legendary sire Zabeel through the ring, the first yearling he has led through the ring in many years.

Retired from active duty last season, Zabeel is responsible for ten $1 million yearlings at Karaka including the highest ever price - $3.6 million paid for Don Eduardo in 2000, an Australasian record price that stood for 13 years.

As Lot 102 entered the ring there was standing room only in the auditorium at Karaka. It was packed with interested followers, scenes reminiscent of the day Don Eduardo entered the record books. He was eventually knocked down for $160,000 to Marcus Corban Bloodstock.

“It was an absolutely huge buzz and felt fantastic personally,” commented Hogan. “It brought back lots of memories from when I used to lead each and every lot through the ring at Trentham and then, in later years, at Karaka. 

“It was so exciting and is the part of the industry I miss the most,  I would love to still be leading each lot through the ring today.

“He is a lovely horse and responded beautifully.  Once I was in the ring, it all came flooding back and felt very natural.”

“It is so lovely that Zabeel is still here at the age of rising 29 and left a Derby winner from his last three-year-old crop.  Today was all about him and his success and it felt like a great chance to honour him.”

The day’s results are almost exactly in line with last year’s Premier Sale statistics, with the average price increasing slightly to $145,866, the median price currently $110,000, and the clearance rate finishing at 74% today.

Cambridge Stud was in the thick of the action as they offered the two top-priced horses of the day. The highest price came at Lot 37, purchased for $470,000 by Melbourne trainer Peter Moody.

Top Lot Day One

Today's top price was $470,000 for Lot 37 (pictured).

The colt by More Than Ready is out of Group 2 winning mare Lovetrista (Rock of Gibraltar), a daughter of dual Group 1 winner Tristalove (Sir Tristram) who is the dam of three stakes winners including Group 1 winner Viking Ruler (Danehill). This is the family of Cambridge Stud’s matriarch mare Eight Carat.

Moody is regular visitor to New Zealand, casting his eye over yearlings well before arriving at Karaka.

“This particular colt took my eye when I looked at him on Wednesday,” commented Moody. “I saw him on the farm as a young horse and I’ve seen how much he’s come on so I was very taken with him.

“With a horse like this out of that wonderful family of Sir Patrick’s we should be able to split him up with some clients and hopefully he’s going to have a few companions on the way home.”

Moody bought six horses today for a total of $890,000 including two purchases with Dalziel Racing, already surpassing his spend over both days of last year’s Premier Sale.

Moments before Lot 37 was knocked down, Graeme & Debbie Rogerson went to $450,000 to secure Lot 36, a colt by first season sire Cape Blanco out of another daughter of Tristalove in Love Diamonds, once again from Cambridge Stud.

Love Diamonds is also from the much sought after Eight Carat family being a winning daughter of Tristalove, making her a half-sister to Lovetrista along with Group 1 winner Viking Ruler.

On track to becoming the leading buyer at Karaka for the 10th consecutive year is Te Akau Racing’s David Ellis, ending the first day with 13 yearlings purchased for $1,970,000. Ellis paid a top price of $400,000 for two of four horses knocked down at that level today. 

Ellis bought Lot 58 for $400,000 from Lyndhurst Farm, a colt by Snitzel out of a stakes performed US-bred mare Mini Tales (Tale of the Cat). He went to $400,000 again to secure Lot 85 from Curraghmore Stud, a half-brother to Group 1 Doncaster Handicap winner Triple Honour (Honours List) by Fastnet Rock.

Ellis was also the underbidder on the historic Zabeel colt at Lot 102.

There was a strong Australian influence from the buying bench with Chris Waller, Duncan Ramage and Peter Moody all featuring in the top five individual buyers, along with Dean Hawthorne purchasing for his Victorian-based client.

Ramage purchased three horses for a total of $720,000 under his DGR Thoroughbred Services banner, and bought a further three horses for $425,000 with Bart & James Cummings, making total of six purchases so far for $1,145,000, and the second leading buyer behind Ellis.

Other Australian purchasers today included Kitchwin Hills Stud, Mick Price, Gai Waterhouse, Tom Moore, John Chalmers, Bahen Bloodstock/Gangemi Racing, Nigel Blackiston and more.

The Hong Kong Jockey Club was active once again with two purchases for $560,000 so far, the leading spend from Hong Kong.

Aside from Ellis, local buyers also featured heavily with Rogerson Bloodstock, Brendan & Jo Lindsay, Bruce Perry & Paul Moroney all featuring in top 10 individual buyers.

Last year’s leading vendor by aggregate, Waikato Stud, is on track to defend its title with 20 horses sold for $3,625,000. The leading vendor by average with three or more sold was Hallmark Stud - responsible for selling last night’s Karaka Million winner Hardline - selling three horses today for an average of $213,333.

The leading sire by average with three or more sold was Fastnet Rock, who has been the leading sire at Karaka for the past four years. The sire has seen his five yearlings sold for $1,350,000 at an average of $270,000, with a top price of $400,000. The second leading sire by average was New Zealand’s leading sire Savabeel with 23 yearlings sold for $4,290,000.

Cambridge Stud was to the fore again with its first season sire Cape Blanco leading the freshman sire’s list by average with eight horses sold for $1,180,000.

To view a highlights reel of today’s action, click here.

Selling continues on Day 2 of the Premier Sale tomorrow at 11am (from Lot 231), with coverage continuing live on Trackside and also online at www.nzb.co.nz. To view the passed in Lots from today, click here.

2015 Premier Yearling Sale Statistics
Day 1 2015 Premier Sale 2014 Premier Sale
AGGREGATE $22,317,500 $47,122,500
AVERAGE
$145,866
$144,548
MEDIAN $110,000 $110,000
CLEARANCE 74% 78%
CATALOGUED 230 469
SOLD 153 326
TOP LOT More Than Ready x Lovetrista (Lot 37) - $470,000 Fastnet Rock x Katie Lee (Lot 73) - $800,000
Top Lots
Lot Type Breeding Vendor Purchaser Price
37 B.C More Than Ready / Lovetrista Cambridge Stud Moody Racing $470,000
36 B.F Cape Blanco / Love Diamonds Cambridge Stud Rogerson Bloodstock $450,000
47 BR.F O'Reilly / Make a Wish Waikato Stud Ltd Dean Hawthorne Bloodstock $400,000
58 BR.C Snitzel / Mini Tales Lyndhurst Farm Te Akau Racing $400,000
85 B.C Fastnet Rock / Myrrh Curraghmore Stud Te Akau Racing $400,000
216 BB.C Denman / Tsukioka Little Avondale Stud Stuart Hale & Co $400,000
92 B.C Savabeel / Now the World Westbury Stud The Hong Kong Jockey Club $360,000
154 B.F Savabeel / Ruud Van Slaats Trelawney Stud Ltd DGR Thoroughbred Services $350,000
83 B.F Redoute's Choice / Mygoodgrace Curraghmore Stud John Chalmers Bloodstock $340,000
123 B.F O'Reilly / Pretty Waikato Stud Ltd Chris Waller Racing $340,000
Leading Purchasers by Aggregate
Purchaser Bought Aggregate Average Top Price
Te Akau Racing 13 $1,970,000 $151,538 $400,000 (Lot 58 & Lot 85)
Dean Hawthorne Bloodstock 4 $1,060,000 $265,000 $400,000 (Lot 47)
Chris Waller Racing 4 $1,025,000 $256,250 $340,000 (Lot 123)
NZB as agent 9 $1,010,000 $112,222 $240,000 (Lot 72)
Moody Racing 4 $725,000 $181,250 $470,000 (Lot 37)
DGR Thoroughbred Services 3 $720,000 $240,000 $350,000 (Lot 154)
Rogerson Bloodstock 3 $695,000 $231,667 $450,000 (Lot 36)
Mr TK Moore 3 $655,000 $218,333 $260,000 (Lot 33)
Mr BJ & Mrs J Lindsay 2 $625,000 $312,500 $325,000 (Lot 220)
Bruce Perry Bloodstock 4 $600,000 $150,000 $220,000 (Lot 98)
Leading Vendors by Aggregate
Vendor  Sold Aggregate Average Top Price
Waikato Stud  20 $3,625,000 $181,250 $400,000 (Lot 47)
Cambridge Stud 14 $2,535,000 $181,071 $470,000 (Lot 37)
Curraghmore Stud 12 $2,420,000 $201,667 $400,000 (Lot 85)
Windsor Park Stud 16 $1,805,000 $112,813 $180,000 (Lot 132)
Trelawney Stud  11 $1,240,000 $112,727 $350,000 (Lot 154)
Pencarrow Stud 7 $1,060,000 $151,429 $270,000 (Lot 221)
Little Avondale Stud 7 $970,000 $138,571 $400,000 (Lot 216)
Westbury Stud 6 $885,000 $147,500 $360,000 (Lot 92)
Phoenix Park 6 $790,000 $131,667 $220,000 (Lot 98)
Lyndhurst Farm 4 $760,000 $190,000 $400,000 (Lot 58)
Leading Vendors by Average (three or more sold)
Vendor Sold Average Aggregate Top Price
Hallmark Stud 3 $213,333 $640,000 $300,000  (Lot 27)
Curraghmore Stud 12 $201,667 $2,420,000 $400,000 (Lot 85)
Lyndhurst Farm 4 $190,000 $760,000 $400,000 (Lot 58)
Waikato Stud 20 $181,250 $3,625,000 $400,000 (Lot 47)
Cambridge Stud 14 $181,071 $2,535,000 $470,000 (Lot 37)
Pencarrow Stud 7 $151,429 $1,060,000 $270,000 (Lot 221)
Westbury Stud 6 $147,500 $885,000 $360,000 (Lot 92)
Wentwood Grange 3 $146,667 $440,000 $240,000 (Lot 72)
Little Avondale Stud 7 $138,571 $970,000 $400,000 (Lot 216)
Phoenix Park 6 $131,667 $790,000 $220,000 (Lot 98)
Leading Sires by Average (three or more sold)
Sire Sold Average Aggregate Top Price
Fastnet Rock 5 $270,000 $1,350,000 $400,000 (Lot 85)
Savabeel 23 $186,522 $4,290,000 $360,000 (Lot 92)
Mastercraftsman 3 $161,667 $485,000 $230,000 (Lot 45)
Cape Blanco* 8 $147,500 $1,180,000 $450,000 (Lot 36)
O'Reilly 23 $134,348 $3,090,000 $400,000 (Lot 47)
Rip Van Winkle 8 $133,125 $1,065,000 $240,000 (Lot 72)
Pins 10 $124,500 $1,245,000 $300,000 (Lot 38)
Stravinsky 5 $123,000 $615,000 $180,000 (Lot 96)
Foxwedge* 3 $120,000 $360,000 $150,000 (Lot 215)
Jimmy Choux* 6 $119,167 $715,000 $150,000 (Lot 167)

*FIrst Season Sire