Friday, March 7, 2008

Carnival Sale brings the curtain down on NZ yearling sales

The 2008 Carnival Yearling Sale reflected a decidedly more subdued yearling market than seen in recent weeks, with mixed results at Friday's one-day Sale at Karaka.With the Carnival Sale a new introduction to the New Zealand Bloodstock sale calendar last year, this year's smaller catalogue resulted in 116 horses sold for $2,222,850, with a sale average of $19,163 and median of $15,000. The highlight came late in the day at Lot 182, a King's Chapel colt from stakes performed Clay Hero mare, Wychwood Lass. Offered by Halo Farm, the colt was bought by Louis Crimp's Wellesley Land Co Ltd, based in Invercargill, for $75,000.Although the results sheets were dominated by local buyers, the leading buyer of the Sale was Queensland bloodstock agent John Foote who bought four yearlings for $142,500. His top priced purchase was $45,000, paid for a colt by Halo Homewrecker from Vettori mare, Miabondialee, offered by Seaton Park.The leading vendor by aggregate at this session was Mike Tololi's Twin Pine Thoroughbreds, selling nine horses for $194,500, including a top price of $42,000 for the Postponed colt from Masterclass mare, Class Mistress.The leading vendor by average, with three or more sold, was Gordon Cunningham's Curraghmore Stud, with a top price of $57,500 for the Danroad colt from Royal Rhythm, bought by Rob McAnulty.Concluding the 2008 National Yearling Sales Series for New Zealand Bloodstock, Marketing Manager Petrea Vela summed up today's results.'We've seen good horses sell well today, but buyers have been selective in their purchasing, with a lot of horses seemingly not meeting their criteria and the results reflecting that.''With such sensational results just a few weeks ago there were some disappointments today, and we will be reviewing what factors contributed to that and assessing the future of the Carnival Sale over the coming weeks.' All horses bought at Karaka today are eligible to enter the $100,000 Carnival Bonus Race at the Auckland Racing Club's Auckland Cup Week next year, as well as being eligible to enter the 2009 Karaka Million Series.
The Big G

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