As the hammer fell on the final run of NZB's 2018 Ready to Run Sale of 2YO's, 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 secureLot 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'sLot 84andLot 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 atLot 140purchased for $230,000.
For the third consecutive year, the overall leading buyer was Te Akau Racing Principal David Ellis. Among his eight purchases wasLot 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, includingLot 198(a colt by Tavistock) andLot 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 beviewed 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 (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 |