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Three most expensive lots to sell during Gold Coast March Yearling Sale are sons of Eureaka Stud's stallion
Eureka Stud resident Spirit Of Boom (Sequel) accounted for the three most expensive lots to sell during day one of the Magic Millions Gold Coast March Yearling Sale on Monday. Five lots sold for six figures and the most expensive of was Lot 103 who was bought by Sears Racing, Catheryne Bruggeman and Paul Moroney Bloodstock for $140,000.
The colt will be joining the stable of Tony and Maddysen Sears and Maddysen was delighted to buy the colt.
"We bought him in conjunction with Catheryne Bruggeman and Paul Moroney and they said he was one of the nicest Spirit of Booms they'd ever seen," Maddysen Sears said.
"He's extremely athletic, has good scope and just oozed class. We are excited to have been able to buy him.
"He's correct and has a great attitude - nothing phased him and he's handled the sale and inspections so well.
"The cross is fantastic - Spirit of Boom over Exceed and Excel mares," Sears added. "And his dam was a fast two-year-old."
Sold by Eureka Stud, the colt is out of the Listed winning Exceed And Excel (Danehill) mare Noesis who is the dam of six winners already.This is also the family of Group 1 Blue Diamond Stakes (1200m) winner True Jewels.
Earlier in the day, Lot 9 sold from Lucas Bloodstock to Kendrick Racing and Clarke Bloodstock for $130,000. Another colt by Spirit Of Boom, he is a half-brother to three winners including the stakes placed gelding Destination (Exceed And Excel), being out of Heaven (Medaglia d'Oro). The colt's second dam is multiple Group 2 winner Hosannah (Octagonal).
The third Spirit Of Boom colt to sell for six figures was Lot 34 who was bought by Gollan Racing and John Foote Bloodstock for $110,000. Sold by Clear Mountain Fairview, the colt is a half-brother to Group 3 winner Col 'N' Lil (Bradbury's Luck),being out of Jyler (Street Cry), who has produced three winners to date.
Figures decline
Overall on Monday, 127 lots sold for $4,492,000. During the corresponding session a year ago, 155 lots sold for $6,138,000. The average of $35,370 was down 11 per cent from $39,600 last year, while the median fell 10 per cent from $30,000 to $27,000.
"Overall today was a solid day's trade," Magic Millions Managing Director Barry Bowditch said.
"We have a genuine expectation that the clearance rate will continue to improve between now and the end of tomorrow.
"Vendors as a whole are willing to meet the market and when any horse of quality came into the ring today it sold accordingly.
"The prize money and bonuses that these horses can race for surely gives confidence to the local market to be able to be strongly involved in the sale and we look forward to further participation tomorrow.
"Reflecting on today's results - there's certainly plenty of value to be found in the market," Bowditch added.
The second and final day of the sale will be held on Tuesday.
