Colt Sells For $1 Million On Day One At 2018 Magic Millions Yearling Sale

Colt Sells For $1 Million On Day One At 2018 Magic Millions Yearling Sale

A Queensland bred colt by Fastnet Rock sold for $1 million and topped the opening day of the 2018 Magic Millions Gold Coast Yearling Sale.

Presented by the Hutchins family’s Element Hill late in the day, the colt from stakes winner Risk Aversion attracted strong interest from prospective buyers before selling to Tom Magnier in partnership with trainer John O’Shea.

“It’s all about the type,” O’Shea said. “This colt is a real athlete and that’s why I was drawn to him.”

“For me he is a great horse by a champion sire in Fastnet and it’s exciting to have him.”

“It’s outstanding to have a horse in partnership with Coolmore and congratulations to the Hutchins family for breeding him and it’s great for a group of my clients who have taken a share in the horse,” O’Shea added.

Catalogued as Lot 239 the bay or brown colt is the second foal of the Encosta de Lago mare Risk Aversion, a winner of five races including the listed Juanmo Stakes in Brisbane.

Earlier in the day Lot 52, Arrowfield Stud’s Snitzel-Madame Andree brown colt sold to leading Sydney based bloodstock agent James Harron for $900,000.

“First and foremost he’s just a super type,” Harron said. “He has a really great way about him.”

“He walks super, has a lovely shape, great hip and a lovely girth. He’s a really beautiful athlete.”

“He has a great head on his shoulders and has handled the sale really well. He ticked a lot of boxes.”

During Day One a total of 182 lots were sold for a gross of $39.17 million and average price of $215,220 – a record opening day average in the history of the Gold Coast Yearling Sale.

“It’s been a very good start,” Magic Millions Managing Director Vin Cox said. “We’re very happy with where we’re sitting now.”

“The momentum picked up – particularly late in the day. We look forward to Day Two with some outstanding prospects to go through the ring.”

Source: Magic Millions

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