3 minute read
The good yearling sale results of 2022 continued at this year’s Magic Millions Adelaide sale
Magic Millions is toasting the most successful Adelaide Yearling Sale ever after more than $20 million worth of bloodstock changed hands across Tuesday and Wednesday at Morphettville.
The sale grossed $20,667,500 at an average of $58,882, which were well up on the 2021 numbers. The clearance rate was 86 percent.
The average being up on last year's $54,070 was of particular pride to Magic Millions managing director Barry Bowditch given it was the first Adelaide sale not split up into Book 1 and 2.
"To have a sale that's grossed well over $20 million at a clearance rate of 86 percent and an average that has significantly increased is an extraordinary effort given we've got over 100 more horses in Book 1," he said.
Last year's $525,000 individual lot record was not challenged this year, but Day 2 produced the two highest-priced lots of the sale.
A filly by Dundeel out of the Magnus mare Prettyhappyaboutit sold to Suman Hedge for $375,000, while Will Clarken paid $325,000 for a Capitalist filly out of Fastnet Rock mare Tagreeda.
Rounding out the top three lots of the sale was the colt by Snitzel out of Admire Rakti's sister Cross Amulet, who sold for $300,000 on Tuesday.
Hedge also paid $220,000 for a filly by Headwater for a sale average of $297,500, while Mark Kavanagh bought more horses than anyone else for the second year in a row, spending $1.4 million across 13 yearlings.
New South Wales farm The Chase rode the popularity of Russian Revolution – who sold 12 for $1,435,000 at an average of $119,583, to be leading vendor by average – with its five youngsters selling at an average of $156,000, while Kambula Stud held local honours, selling 12 horses at an average of $122,500.
"The local breeders, the last couple of years they're really getting behind this sale and leaving their best stock here and I think they're being rewarded for doing so," Bowditch said.
"Kambula is a great example – it was Goldin and Cornerstone last year with the big results – so it's fantastic to see the local breeders being the ones that are being rewarded."
