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Lion Heart colt tops Queensland sale opener

A SON of Lion Heart consigned by Lyndhurst Stud, acting as agent, topped the opening session of the Magic Millions QTIS 600 Yearling Sale on the Gold Coast of Australia yesterday, when selling to local buyer Lennie Wheeler for A$130,000 (£62,377 / €66,886).

The chestnut colt was one of 162 yearlings who changed hands during the sale. Together they grossed A$2.7 million (£1,295,100 / €1,388,938) for an average of almost A$17,000 (£8,156 / €8,747). The clearance rate was78 per cent.

Horses sold at the sale are eligible to participate in the Magic Millions race series and the QTIS 600 race series and bonus scheme, which together are worth more than A$16 million in prize money.

Magic Millions managing director Dabid Chester said: "The sale was very strong at the bottom end – an area where a number of sales have struggled this year.

"It did seem a bit tougher toward the top end of the sale, as many buyers had already been active at our others sales around the country already this year. There was a really tremendous crowd on hand. It was great to see so many country people, and a lot of faces we haven't seen for many years were back.

"The promotion from Queensland Racing in association with Magic Millions has really worked. There have been a lot of new people come into the market. It's been a really good success so far, considering the current economic conditionsand the lower trends around the world in the bloodstock industry."

 

 

 

 

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