Buying a Group I Winner is Not as Expensive as You Think
Tara Madgwick - Tuesday June 25
Analysis of our 58 Group I winning horses this year shows that while domestic commercial thoroughbred auctions might seem the best place to find your next Group I winner, the reality is that more Group I winners this season were sourced from overseas or retained to race by their breeders.

27 Group I winners were sold (take note SOLD, not OFFERED) at auction through either Inglis, Magic Millions or NZB with 12 apiece for the Australian auction houses and three from New Zealand.

A $700,000 Inglis Easter purchase, The Autumn Sun was the most expensive G1 winner this season The remaining 31 Group I winners include 11 Northern Hemisphere bred horses and five Australian Darley homebreds – Kiamichi, Microphone, Lyre, Alizee and Trekking - with the remainder a mix of Australian and New Zealand bred horses that did not sell at public auction and in many cases race for their breeder.

Of the horses sold at auction, Inglis Easter pin up boy The Autumn Sun is the most expensive, bred and sold by Arrowfield for $700,000 with the next most expensive horses being Qafila ($400,000 Magic Millions sold by Attunga Stud), Sunlight ($300,000 Magic Millions sold by Widden Stud, Manuel (Inglis Easter $240,000 sold by Segenhoe), Winx (Magic Millions $230,000 sold by Coolmore), Booker ($230,000 Inglis Premier sold by Mill Park), Grunt ($220,000 NZB Premier sold by Trelawney Stud), Brutal ($220,000 NZB Premier sold by Mapperley Stud) and Prince Fawaz ($220,000 Magic Millions sold by Baramul Stud).

The horse with the honour of being the least expensive purchase is $3million earning filly Mystic Journey, a bargain $11,000 Magic Millions Tasmania purchase for her trainer Adam Trinder from the Armidale Stud draft.

There's some food for thought here and some comfort for trainers that dream of winning the big Group I races, but don't have the ammunition to shop at the top end of the market.

Quite often the very best horses come out of the middle market with 18 Group I winners sold for less than $200,000.


More Reading...
Why the Melbourne Cup Carnival Still Has the Magic
Sydney can invent as many new $1million races as it likes, but at the end of the day there is only one Melbourne Cup Carnival and it’s the best race meeting in the Southern Hemisphere rivalled only on the world stage by Royal Ascot, so what made it great this year?
G1 Goldmine Brings Intelligence to Breeding
A respected pedigree analysis tool for thoroughbred industry professionals for the past 15 years, G1 Goldmine has been upgraded and enhanced under new Managing Director Matthew Ennis.
Newcomers Enter Filly of the Year Fray
Some new names are set to be added to the points table for the New Zealand Bloodstock Filly of the Year Series after Saturday’s third leg, the $70,000 Group Three LawnMaster Eulogy Stakes (1600m) at Awapuni.
Best On Breeding
With a prize of $500,000 Saturday’s Inglis Nursery (1000m) at Randwick will provide connections of the winner an early Christmas present but it will have extra meaning for those in the ownership of Encountabull.
Busiest Sires in Britain and Ireland for 2019
Statistics released by Weatherbys this week reveal the busiest thoroughbred sires in Britain and Ireland this year and while jumps sires fill the first four places on the list, the most popular flat sire is a first season horse that has shuttled to Victoria this spring in Sioux Nation (USA).
Charm Spirit 3YO on Trial for Derby
Exciting three-year-old Scorpz will be tested over 2000m for the first time at Ellerslie on Sunday in preparation for the Gr.1 Vodafone New Zealand Derby (2400m) in February.