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Average rises at Magic Millions Broodmare Sale

THE select section of the Magic Millions National Broodmare Sale finished at the Gold Coast, Australia, with Group 1 winner Hurtle Myrtle bringing a top price of A$1 million (£628,435/€785,798).

Hurtle Myrtle, offered by Kitchwin Hills as agent as a racing and breeding prospect, was secured by Scone's Segenhoe Stud.

 

She led a spirited session where eight lots sold for over A$400,000 helping return increased figures across the board on last year's corresponding sale.

Over the two days almost A$20 million was traded on 299 lots sold at a healthy average price of A$66,406 (£41,726/€52,243). The clearance rate improved to 74 per cent.

The average price is up 38 per cent on last year's auction, while the sale gross was also up some 24 per cent.

Hurtle Myrtle was knocked down to former top trainer and now leading bloodstock agent Bill Mitchell on behalf of Segenhoe Stud.

"She's an outstanding looking mare who has loads of ability and we purchased her as a racing and breeding prospect," Mitchell said.

"We'll see what she tells us as to whether she races on. We'd be happy to race her on for another season like we've done with Sister Madly.

"We picked out about four or so high class mares and decided she was the one we'd try to buy and we're delighted to have been able to get her."

Sister Madly topped last year's sale at A$1 million.

The second top price of the session was A$740,000 (£464,995/€582,182) for the stakes winning three-year-old filly Defiant Dame.

The Gimcrack Stakes winner is in foal to champion sire Fastnet Rock in her first season at stud.

The mare was one of ten purchased by Coolmore's Tom Magnier over the two day select sale.

"She is by More Than Ready and is in foal to Fastnet Rock - she's an attractive package," Magnier said.

"As well she is a great looking mare and we're thrilled to have added her to the quality Coolmore broodmare band.

"She will be foaled down and will return to Fastnet Rock this spring."

Magic Millions' managing director Vin Cox said the session was very buoyant.

"It was a very rewarding day," Cox said. "The market was strong right from the start of the session."

"There was very good competition and vendors did a good job of meeting the market helping the clearance race rise to 74 per cent for both days.

"The positive vibe around the complex suggests that the industry is on firm footing."

 

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