Fastnet Rock colt all the rage at Magic Millions
COOLMORE champion Fastnet Rock set the Gold Coast Magic Millions Sale in Australia alight on Thursday afternoon with a A$960,000 (£647,609/€778,719) colt that was purchased by James Bester and Demi O'Byrne.
Catalogued as Lot 265, the Fastnet Rock - Rose Of Cimmaron colt is the first foal out of a winning sister to the dam of Group 2 QTC Cup winner Varenna Miss (Redoute's Choice).
The colt was sold by Edinburgh Park studmaster Ian Smith who is best known for breeding world champion sprinter Silent Witness.
"Fastnet Rock is on fire at the moment," said Tom Magnier.
"James (Bester) and Demi (O'Byrne) absolutely loved the horse and they were raving about him all week.
"We are really trying to get the good Fastnet Rock colts. He has plenty of quality and we really wanted to buy him."
"We knew there were plenty of people interested in him and we would have to do a bit of fighting to get him."
Fastnet Rock: responsible for a A$960,000 colt at Magic MillionsPICTURE: Getty
The most expensive Fastnet Rock yearling to date has been the colt from Popsy that made A$1 million at the 2010 New Zealand Bloodstock yearling sale to the bid of Singapore owner Jayven See. He went on to win the Group 1 New Zealand 2,000 Guineas earlier this season racing as Rock 'N' Pop.
Rock 'N' Pop is the eighth Group 1 winner for Fastnet Rock following Wanted (Newmarket Handicap), Irish Lights (Thousand Guineas), Rock Classic (Australian Guineas), Lone Rock (Goodwood Hcp), Atlantic Jewel (Thousand Guineas), Mosheen (VRC Oaks) and Planet Rock (NZ 1000 Guineas).
His unbeaten colt Driefontein is the A$3 favourite for the A$2 million Magic Millions 2YO Classic this Saturday.
Fastnet Rock is the most expensive stallion on Coolmore's Australian roster at A$132,000. He was also the busiest stallion in Australia during the last southern season with a book of 214 mares.
Fastnet Rock reverse shuttles to Coolmore's Irish headquarters and covered 150 mares there last year. He flew out for a third northern season on December 20.
Today's healthy figures helped boost the sale gross to over A$33.5 million for 262 lots sold at an average price of A$127,977.
The current average price is up marginally on the figure after two sessions last year.
The clearance rate of 75 per cent yesterday has now soared to over 81 per cent for the sale.
"We couldn't be much happier with today's proceedings," MagicMillions Managing Director Vin Cox said.
"Competition was strong throughout the day and it was great to see some outstanding results for vendors from around the country.
"To see the clearance rate at 81 per cent for the sale is terrific considering at the same stage of the sale last year we were hovering around 77 per cent."
European buyers were active throughout the day, notably Johnny McKeever, who purchased a Flying Spur colt for A$250,000, and Dermot Farrington, who purchased a Tale Of The Cat filly for A$65,000.