Fastnet Rock Stallion
Fastnet Rock Stallion

Fastnet Rock (Aus) / Coolmore (p)


27 & 28 January 2014

Australia’s former Champion Sire Fastnet Rock (Aus) was all the rage during the opening session of New Zealand Bloodstock’s Premier Yearling Sale at the Karaka sales complex near Auckland yesterday. The Coolmore sire was responsible for the three top-priced lots, headed by a colt out of dual Classic winner Katie Lee (Aus) (Pins), hammered down to Graeme and Debbie Rogerson for NZ$800,000 (US$659,584).

The key figures experienced marginal changes. The average, which was last year fueled by a NZ$1,975,000 session-topper, was down 6% to NZ$151,346, while the median rose 2% to NZ$120,000. The gross was down about NZ$1.7 million to NZ$23,761,500 with 12 more horses through the ring. The buyback rate climbed to 27.6%.

New Zealand buyers were responsible for 43% of the day’s total spend, up 28% from last year. Trainer Graham Richardson, who bought six yesterday, said: “There are a lot of nice horses here this year, especially quality fillies with strong pedigrees. I’ve purchased an O’Reilly filly, a Keeper filly and three Darci Brahma fillies, supporting New Zealand sires that are particularly strong currently.”

As per usual, Hong Kong made its presence felt as well, with 16 yearlings purchased for NZ$3,410,000 headed for that nation. The Hong Kong Jockey Club ended the first session as the second-leading buyer after signing for eight lots for NZ$1,985,000, led by an NZ$400,000 Fastnet Rock colt.

Australian buyers were responsible for 35% of the day’s total turnover, with Duncan Ramage of DGR Thoroughbred Services, Gai Waterhouse Racing/James Harron Bloodstock, and Moody Racing amongst those signing for multiple lots.

“In a similar vein to the first day’s trade last year, the market heated up steadily as the day progressed,” commented NZB Co-Managing Director Petrea Vela. “There is an extremely broad international buying bench on site and active, and there were also some very encouraging signs from our local market with significantly increased activity from the same day last year. Overall, there’s pleasing strength to the middle market as reflected in the increased median, and by all accounts tomorrow’s line-up should attract some great competition.”

Extracts from Thoroughbred Daily News