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Spectrum - Dubai Champion Stakes 95

Blandford Bloodstock's purchases included a R750,000 son of former Coolmore inmate Spectrum (above), now a resident at Highlands Farm

  PICTURE: Sporting Life 

 

Emperor's Palace
Sale ends on a high

THE Emperor's Palace National Yearling Sale in South Africa ended in buoyant fashion on Monday to record gains in aggregate and average.

The three-day sale saw 490 yearlings - 89 per cent of those offered - sell for a total of R159,925,000 (£14,105,274/€16,263,056), up four and a half per cent from last year. The average rose five and a half per cent to R326,378 (£28,805/€33,189).

The top end of the market held up remarkably well with eight yearlings selling for R1.5 million or more compared to six last year. The record for a yearling sold at auction in South Africa was smashed twice, firstly by a R3.6 million Singspiel colt just ten lots into the sale and then by trainer Geoff Woodruff's purchase of a Jet Master colt for R4 million on Sunday.

Also encouraging was the level of international participation, with buyers from Britain, Ireland, Dubai, France, Hong Kong, China, Russia and the US in attendance.

Bloodstock South Africa's chief executive, Jan Naude, described the rise in turnover as "quite extraordinary considering the recessionary times".

He added: "The depth of quality among the yearlings reflected our breeders' commitment to excellence. To have an existing top price bettered twice during a three-day period says it all."

A son of former South African champion sire Fort Wood - a Group 1-winning Sadler's Wells son of Fall Aspen - topped the final session when selling for R2.2 million (£194,187/€223,751) to the Cape Town-based Form Bloodstock. Consigned by Mary Slack's Wilgerbosdrift, the colt is a brother to a minor winner and out of Vecchia Maremma, a sister to Chilean champion Normality.

As on the first two days, Blandford Bloodstock were again active. Overall, the Newmarket-based agency bought 12 lots worth a total of R4.46 million.

Charles Faull's Form Bloodstock ended the sale as leading buyer by aggregate with 22 purchases worth R11.4 million. The leading buyer by average was Shadwell South Africa, who bought six yearlings at an average of R940,000.

 

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