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shamardal 14 june 05

Shamardal: the leading sire supplied the Magic Millions top lot

  PICTURE:Mark Cranham  

Shamardal colt tops Millions National opener

A WELL-RELATED colt by Darley sire Shamardal topped the first session of the Magic Millions National Yearling Sale on the Gold Coast of Australiaon Sunday.

Hong Kong-based bloodstock agent George Moore went to A$180,000 (£117,420, €131,790) to secure the colt from the draft of Newgate Farm.

Moore said: "Actuallywe have bought two other colts earlier this year by Shamardal who cost A$410,000 here at the Premier sale in January and another for A$550,000.

"We are just trying to buy them as we are giving his stock a big chance this year. We have a couple of good ones in the stable, Leading City and Able Charm. They have great temperaments and they are doing well for us so we are taking a couple of extra chances and this colt was a lot cheaper than the other ones."

The Shamardal colt was one of 10 yearlings to sell for A$100,000 or more during the opening session of the yearling component of the National Sale.

A colt by Fastnet Rock offered by Newhaven Park was snapped up the Lucky Racing Syndicate for A$150,000 (£97,580, €109,820), while Sydney based agent James Bester parted with $145,000 (£94,590, €106,160) for the Redoute's Choice colt out of Paraca for a South African client.

The top-priced filly for the session was the A$115,000 Encosta De Lago half-sister to Group 1 Futurity Stakes winner Aqua D'amore. She was purchased by Andy Williams' World Wide Bloodstock.

Williams signed for nine yearlings on the day as he chases another champion. It was at the 2007 auction that he paid A$60,000 for the international sprinting champion Rocket Man.

Turnover for the first day's trading was A$4.4 million on 132 lots at an average price of A$33,771- an increase on last year's opening session. The clearance rate was a disappointing 64 per cent.

"It's what you'd call a sticky market," Magic Millions Managing Director Vin Cox said. "There are a lot of buyers here atthe sale from around Australia and overseas.

"A positive of the sale has been the significant buying bench that has participated so far and we're hoping this continues tomorrow. Ideally we'd like the clearance rate to grow - hopefully some of the passed in horses from today can be sold prior to the conclusion of tomorrow's second session.

"There was good interest on a number of lots and in many cases these lots sold extremely well and those vendors were pleased."






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