NZ Sires Take Centre Stage at NZB’s Ready to Run Sale

Lot 432, a colt by Savabeel, topped the 2018 Sale at $525,000. Photo: Trish Dunell
Lot 432, a colt by Savabeel, topped the 2018 Sale at $525,000. Photo: Trish Dunell

As the hammer fell on the final run of NZB’s 2018 Ready to Run Sale of Two-Year-Olds, continued demand was evident for the progeny of leading New Zealand sires Savabeel and Tavistock.

The aggregate at the close of selling reached $24,325,500 for 252 horses sold, while the average reached $96,530 and the clearance rate settled at 68%. Overall, results were back on last year’s Australasian record-breaking Sale.

NZB Managing Director Andrew Seabrook commented on the Sale.

“The results have been a little bit disappointing given the results over the last 12 months with the success of Ready to Run Sale graduates in the jurisdictions of Asia and Australia.

“The late announcement of stakes decreases in Singapore, an increase in Australians buying in Europe in recent months, and the status of the New Zealand industry are a few factors that have worked against us.

“In saying that, I was encouraged by the level of investment made by Chinese buyers at the Sale.”

In the late afternoon of Day 2, Mr Lang Lin of Inner Mongolia Rider Horse Group secured the top price of the day, and the overall Sale, when he went to $525,000 to secure Lot 432, a colt by Savabeel from the draft of Dormello Stud.

“Our aim is to buy the best, not just in-terms of racing in New Zealand, but we are also looking to the future for breeding and selling,” commented Mr Lang.

“He will be heading to Murray Baker’s to train and race, and we’ll be looking at a breeding career with him in the future.”

Dormello Stud were the leading vendor by average with three lots sold at an average of $203,667.

Another two Savabeel colts sold on Day 1, Ohukia Lodge’s Lot 84 and Lot 127, for the second-highest equal price of the Sale at $500,000.

Savabeel, who last season made another clean sweep of the New Zealand stallion awards, was the leading sire by both average (three or more sold) and aggregate at the close of selling. Savabeel provided the top four lots, and with a total of 11 lots sold achieved an average of $313,182 and an aggregate of $3,445,000.

There were 11 horses who reached a figure of $300,000 or more and five of those were knocked down to the bid of Hong Kong-based buyers.

Hong Kong purchased 41 lots for total receipts of $7,125,000 with Ricky Yiu contributing to that spend with five lots purchased for $745,000 in receipts, including a Per Incanto colt at Lot 140 purchased for $230,000.

For the third consecutive year, the overall leading buyer was Te Akau Racing Principal David Ellis. Among his eight purchases was Lot 137, a son of Savabeel, who made $440,000 and contributed to his total spend of $1,302,500.

The leading vendor by aggregate was Riversley Park who sold 18 horses for an aggregate of $2,911,000, including Lot 198 (a colt by Tavistock) and Lot 238 (a colt by Exceed and Excel) who each made $400,000 destined for Australia and Hong Kong respectively.

Full results from this week’s 2018 Ready to Run Sale can be viewed online. To make enquiries about any Passed Lots contact Regan Donnison +64 21 512 466.

View the end of day highlights video on Karaka TV here.

2018 Ready to Run Sale Statistics

  2018 READY TO RUN SALE 2017 READY TO RUN SALE 2016 READY TO RUN SALE
AGGREGATE $24,325,500 $31,215,000 $28,393,000
AVERAGE $96,530 $107,638 $96,575
MEDIAN $60,000 $80,000 $70,000
CLEARANCE 68% 77% 60%
CATALOGUED 445 437 552
SOLD 252 290 294
TOP LOT Lot 432 $525,000 (B.C) Savabeel – Disguised Lot 106 $460,000 (B. C) Hinchinbrook  – El Ashb Lot 280 $650,000 (Ch.C) Sebring – Joleur

Top Lots

Lot Type Breeding Vendor Purchaser Price
432 B.C Savabeel / Disguised Dormello Stud Inner Mongolia Rider Horse Industry (China) $525,000
84 BR.C Savabeel / Lady Chaparral Ohukia Lodge Stuart Hale & Co (BAFNZ) (Hong Kong) $500,000
127 BR.C Savabeel / Maxmara Ohukia Lodge Mr M Man (Hong Kong) $500,000
137 B.C Savabeel / Millililli Ohukia Lodge Mr DC Ellis/Aquis Farm (Te Akau) $440,000
198 B.C Tavistock / Prestigious Miss Riversley Park John Foote Bloodstock (Queensland) $400,000
238 B.C Exceed and Excel / Secret Liaison Riversley Park Mr M Chang (Hong Kong) $400,000
180 B.C Savabeel / Pander Ohukia Lodge Cameron Cooke Bloodstock (Victoria) $375,000
285 B.C Hinchinbrook / Sweet Talkin Woman Lyndhurst Farm Aquis Farm (Queensland) $360,000
312 B.C Dream Ahead / Uproot Riversley Park Mr P Ho Leung (Hong Kong) $340,000
126 B.C Dawn Approach / Matabrahma Diamond Lodge Mr Poon/Chak Hung (Hong Kong) $320,000

Leading Purchasers by Aggregate

Purchaser Bought Aggregate Average Top Price Top Lot
Mr DC Ellis (Te Akau) 8 $1,302,500 $162,813 $400,000 137
Mr K Chittaseni/Waterford Bloodstock (BAFNZ) (Thailand) 4 $820,000 $205,000 $280,000 275
Inner Mongolia Rider Horse Industry (China) 2 $765,000 $382,500 $525,000 432
Mr R Yiu (Hong Kong) 5 $745,000 $149,000 $230,000 140
Victoria Peak Bloodstock (New South Wales) 4 $720,000 $180,000 $240,000 154
John Foote Bloodstock (Queensland) 3 $690,000 $230,000 $400,000 198
Mr M Man (Hong Kong) 2 $680,000 $340,000 $500,000 127
Macau Jockey Club (Macau) 13 $566,000 $43,538 $75,000 257
Stuart Hale & Co (BAFNZ) (Hong Kong) 1 $500,000 $500,000 $500,000 84
The Hong Kong Jockey Club (Hong Kong) 2 $500,000 $250,000 $250,000 77

Leading Vendors by Aggregate

Vendor Sold Aggregate Average Top Price Top Lot
Riversley Park 18 $2,911,000 $161,722 $400,000 198
Ohukia Lodge 14 $2,795,000 $199,643 $500,000 84
Regal Farm 15 $1,737,500 $115,833 $280,000 275
Kilgravin Lodge 22 $1,622,000 $73,727 $240,000 232
Phoenix Park 10 $1,550,000 $155,000 $250,000 372
Diamond Lodge 16 $1,378,000 $86,125 $320,000 126
Kiltannon Stables 11 $1,211,000 $110,091 $220,000 87
Prima Park 7 $1,185,000 $169,286 $250,000 77
Westbury Stud 25 $964,500 $38,580 $100,000 109
Kilmore Farm 9 $851,000 $94,556 $225,000 131

Leading Vendors by Average (three or more sold)

Vendor Sold Average Aggregate Top Price Top Lot
Dormello Stud 3 $203,667 $611,000 $525,000 432
Ohukia Lodge 14 $199,643 $2,795,000 $500,000 84
Prima Park 7 $169,286 $1,185,000 $250,000 77
Riversley Park 18 $161,722 $2,911,000 $400,000 198
Phoenix Park 10 $155,000 $1,550,000 $250,000 372
Kaipira Lodge 5 $140,000 $700,000 $200,000 63
Riverrock Farm 3 $120,000 $360,000 $240,000 262
Regal Farm 15 $115,833 $1,737,500 $280,000 275
Kiltannon Stables 11 $110,091 $1,211,000 $220,000 87
Lyndhurst Farm 7 $109,429 $766,000 $360,000 285

Leading Sires by Average (three or more sold)

Sire Sold Average Aggregate Top Price Top Lot
Savabeel 11 $313,182 $3,445,000 $525,000 432
Hinchinbrook 3 $283,333 $850,000 $360,000 285
Sacred Falls 3 $186,667 $560,000 $240,000 232
Charm Spirit 3 $165,000 $495,000 $250,000 77
Tavistock 8 $160,000 $1,280,000 $400,000 198
Darci Brahma 3 $125,000 $375,000 $200,000 244
Deep Field 6 $120,833 $725,000 $240,000 269

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