Records have tumbled across the board at the 2022 Magic Millions Adelaide Yearling Sale as a Dundeel filly starred on a great day's selling at Morphettville.
Yesterday's top price of $300,000 was beaten twice this afternoon with the Dundeel half sister to Yulong Command topping the sale at $375,000 - a record price for a filly in the history of the South Australian auction.
Offered by Kambula Stud the filly was purchased by a delighted bloodstock agent Suman Hedge.
"We'd done all the inspections and she was right up the top for us in terms of her athleticism, she moved particularly well, was lovely and strong through the hocks and really had that propulsion that we like," Hedge said.
"Every time we brought her out she walked the same, she didn’t change, didn't fatigue at all and had a great temperament."
"She's pretty forward looking so that was a nice thing to know that she's still a couple of months behind most of the others," Hedge added.
Later in the afternoon leading local trainer Will Clarken went to $325,000 to secure the Capitalist-Tagreeda filly, also offered by Kambula Stud.
"We thought she was the best filly here," Clarken said. "She is all class and you can see the Fastnet Rock coming through in her and she is by a gun stallion."
"She has a massive hindquarter and a massive shoulder. She was the horse we were here to buy. We had some help from a bloodstock agent who came down from Sydney and he thought she was the best Capitalist he’d seen all season."
With the top two sellers on the day, Kadina based Kambula Stud were celebrating their decision to support the Adelaide Yearling Sale with their entire draft.
"First of all, one of the big things is that South Australian racing has turned around in the past 12 to 18 months and the other thing is, I followed the motto of Goldin Farms last year who brought their best horses here and I thought to myself, 'why can't I?" Kambula's David Toole said.
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"I decided that I was going to keep them home and bring them all to Adelaide (this year). I'm a very proud South Australian and I wanted to be the star of the show."
"Words can't describe how proud I am. We've had staff issues with my daughter being pregnant and only a few people know how hard we have worked in the last couple of months. We’ve had a great sale and I am just so happy," Toole added.
Across the sale over $20.9 million was traded on 358 lots sold at a record average price of $58,439 and an increased clearance rate of 88 per cent.
"Considering back in 2019 we battled to get to $10 million and now to be exceeding $20 million three years later is a credit to the breeders who have brought horses here," Magic Millions Managing Director Barry Bowditch said.
"It's a credit to the state who have stuck by this sale and supported it with the best horses they've got and to the buying bench,’’ Bowditch said. "It’s been a fantastic two days of selling for Magic Millions, it's been fantastic for Adelaide and the South Australian industry."
"When you look at the results of the likes of Kambula, they've kept all their yearlings here this year and credit to David Toole and his family for doing so. To have a $375,000 and a $325,000 and a really solid sell underneath that, it just shows if you're willing to leave your best stock here, like last year with Goldin and Cornerstone who did the same thing, you can be extremely well rewarded and rewarded like you wouldn't be at any other sale in the country."
"I look forward to more of the state's best breeders leaving their horses here and getting the result that is worthy of any other sale in Australia."
"There's a hunger from South Australian trainers to support this sale in particular and make it their sale. Racing Rewards, in fairness, is doing an outstanding job."
"The trainers of South Australia have stumped up, they’ve done their best and they’re getting in and spending really well and I'd love to see the prize money increase to give them more rewards for what they're doing here at this sale."
"We're going to end up with a really good clearance rate of 88 per cent and an average that increased considerably over last year considering we've taken well over another 100 horses for Book 1," he said.
To view the results of the sale or to make an offer on a passed in lot click here.
The sale focus now switches to Queensland with the 2022 Magic Millions Gold Coast March Sale to be held on Monday and Tuesday.
"We're having a great season for our regional sales and we're off back to the Gold Coast and we're really excited."
"The breeders of Queensland have been stepping it up for the last few years and I expect for any buyer there will be some great value to be had but there will be a lot of lovely horses for them to inspect.," Bowditch added.
For more information of the 2022 Gold Coast March Yearling Sale and to view the catalogue click here.
SALE STATISTICS
(2021 Book 1 in brackets)
Lots Catalogued: 454 (337)
Lots Sold: 358 (258)
Lots Passed In: 51 (41)
Lots Withdrawn: 45 (38)
Sale Gross: $20,921,500 ($13,950,000)
Average Price: $58,439 ($54,070)
Top Price: $375,000 ($525,000)
Median Price: $45,000 ($37,750)
Sold %: 88 (86)
DAY TWO TOP SELLERS
$375,000 - Dundeel-Prettyhappyaboutit filly (Lot 297)
Vendor: Kambula Stud / Buyer: Suman Hedge B'stock (Vic)
$325,000 - Capitalist-Tagreeda filly (Lot 398)
Kambula Stud / Clarken B'stock (SA)
$220,000 - Headwater-Miss Cooper filly (Lot 245)
Rathmore Lodge (As Agent) / Suman Hedge B'stock (Vic)
The sale focus now switches to Queensland with the 2022 Magic Millions Gold Coast March Sale to be held on Monday and Tuesday.
"We're having a great season for our regional sales and we're off back to the Gold Coast and we're really excited."
"The breeders of Queensland have been stepping it up for the last few years and I expect for any buyer there will be some great value to be had but there will be a lot of lovely horses for them to inspect.," Bowditch added.
For more information of the 2022 Gold Coast March Yearling Sale and to view the catalogue click here.
SALE STATISTICS
(2021 Book 1 in brackets)
Lots Catalogued: 454 (337)
Lots Sold: 358 (258)
Lots Passed In: 51 (41)
Lots Withdrawn: 45 (38)
Sale Gross: $20,921,500 ($13,950,000)
Average Price: $58,439 ($54,070)
Top Price: $375,000 ($525,000)
Median Price: $45,000 ($37,750)
Sold %: 88 (86)
DAY TWO TOP SELLERS
$375,000 - Dundeel-Prettyhappyaboutit filly (Lot 297)
Vendor: Kambula Stud / Buyer: Suman Hedge B'stock (Vic)
$325,000 - Capitalist-Tagreeda filly (Lot 398)
Kambula Stud / Clarken B'stock (SA)
$220,000 - Headwater-Miss Cooper filly (Lot 245)
Rathmore Lodge (As Agent) / Suman Hedge B'stock (Vic)
$220,000 - Flying Artie-Waveline filly (Lot 443)
Goodwood Farm (As Agent) / Proven T'breds/Pride Racing (NSW)
$200,000 - Mikki Isle-Passiflora colt (Lot 282)
Collingrove Stud (As Agent for Arrowfield Stud) / Clarken B'stock (SA)
$200,000 - Harry Angel-Roobeena colt (Lot 322)
Glen Lee T'breds (As Agent) / McEvoy Mitchell Racing/Belmont B'stock (Vic)
LEADING BUYERS
(ranked by total spend)
$1,400,000 - Kavanagh Racing - 13 lots
$760,000 - McEvoy Mitchell Racing/Belmont B'stock - 8 lots
$671,000 - Clarken B'stock - 4 lots
$595,000 - Suman Hedge B'stock - 2 lots
$551,000 - Richard & Chantelle Jolly - 8 lots
LEADING VENDORS
(ranked by gross)
$2,072,000 - Cornerstone Stud - 27 sold
$1,470,000 - Kambula Stud - 12 sold
$1,292,500 - Mill Park Stud - 17 sold
$1,275,000 - Collingrove Stud - 16 sold
$1,123,000 - Baramul Stud - 21 sold
LEADING VENDORS
(ranked by average - 3 or more sold)
Goodwood Farm (As Agent) / Proven T'breds/Pride Racing (NSW)
$200,000 - Mikki Isle-Passiflora colt (Lot 282)
Collingrove Stud (As Agent for Arrowfield Stud) / Clarken B'stock (SA)
$200,000 - Harry Angel-Roobeena colt (Lot 322)
Glen Lee T'breds (As Agent) / McEvoy Mitchell Racing/Belmont B'stock (Vic)
LEADING BUYERS
(ranked by total spend)
$1,400,000 - Kavanagh Racing - 13 lots
$760,000 - McEvoy Mitchell Racing/Belmont B'stock - 8 lots
$671,000 - Clarken B'stock - 4 lots
$595,000 - Suman Hedge B'stock - 2 lots
$551,000 - Richard & Chantelle Jolly - 8 lots
LEADING VENDORS
(ranked by gross)
$2,072,000 - Cornerstone Stud - 27 sold
$1,470,000 - Kambula Stud - 12 sold
$1,292,500 - Mill Park Stud - 17 sold
$1,275,000 - Collingrove Stud - 16 sold
$1,123,000 - Baramul Stud - 21 sold
LEADING VENDORS
(ranked by average - 3 or more sold)
$156,000 - The Chase - 5 sold
$122,500 - Kambula Stud - 12 sold
$111,667 - A List Stud - 3 sold
$108,333 - Grenville Stud - 3 sold
$97,000 - Willow Park Stud - 5 sold
$122,500 - Kambula Stud - 12 sold
$111,667 - A List Stud - 3 sold
$108,333 - Grenville Stud - 3 sold
$97,000 - Willow Park Stud - 5 sold