Magic Millions has achieved a record sale in a remarkable set of circumstances with the final Book 1 session still to come, after three colts made more than a million dollars Jan. 15—further justifying the company's bold decision to increase the size of the catalog for 2021.
Coolmore, the buyer of the two highest-priced lots sold on the Gold Coast so far this week, added to its valuable collection of expensive colts by securing an AU$1.5 million (US$1,166,854) son of Not A Single Doubt after an enthralling bidding duel.
Three of the biggest industry names—Coolmore's Tom Magnier, Shane McGrath, acting for Tony Fung and Phoenix Thoroughbreds, and senior trainer Ciaron Maher—were vying for the blue-blooded youngster.
As bidding moved to AU$1 million, Magnier—standing alongside ally James Bester—was stationed at the back of the auction ring, with McGrath in their eyeline near the media office as Maher signaled his bids from the auditorium floor.
Seemingly out of the contest, McGrath returned to his chair as Maher made his move against the global powerhouse, further pushing the colt's price higher before the Aquis Farm adviser re-entered the market at AU$1.4 million in the hope of landing their eighth colt by Not A Single Doubt for the week.
But when the Coolmore heavyweights bid on a horse, they are rarely beaten, and so it proved again mid-afternoon, with Magnier signing for his third seven-figure lot in four days, led by the sale-topping AU$1.9 million Snitzel colt sold on Tuesday.
Magnier's continued muscle at the top-end of the market was fueled by a desire to capture potential stallion prospects as yearlings in the hope they can stand at farms in Australia, Ireland, or the United States.
"It's a great family, he's a great individual, and he comes from one of the top farms in Sledmere," Magnier said. "Their yearlings just look incredible and Royston and Treen (Murphy) are great breeders, and we've bought horses there before with a deal of success, so we will go back to the well again, and hopefully, we get a bit of luck.
"James Bester, I and the whole team really liked this colt, so he will go to Chris (Waller), and hopefully, we will have a runner here in the (Magic Millions 2-Year-Old Classic) race next year."
Cataloged as Lot 811, the Rifa Mustang-bred and Sledmere Stud-consigned colt is the first foal out of Soleil Brulant, a half sister to listed stakes winner Harlem River. Further down his page is Coolmore's Everest-winning first-season sire Yes Yes Yes and dual group 1-winning sprinter In Her Time, who made AU$2 million ($1,299,195) as a broodmare at the 2020 Inglis Chairman's Sale.
Sledmere's Royston Murphy was elated with the result but admitted to some anxious moments in the lead-up to the colt's sale.
He said: "It's always nerve-wracking when you get a good colt like that. We have loved him from day one, and he is by far the best horse I have ever brought to this sale.
"You have good expectations of horses, but it has been a hard sale to read. Some horses you think you might get a little over and you don't. Others, you think they are about the price and you get over.
"He was a horse that everyone loved. You could not help but love him. He was just one of those horses. But to have an auction like that, with a bit of theatre. It was exciting, and people were on, and they were off."
Newhaven's Top Snitzel Colt Heads to Rosehill
Later, a big-spending partnership overseen by Kitchwin Hills' Mick Malone went to AU$1.05 million ($816,798) for a Snitzel colt destined for Gerald Ryan, the trainer who prepared the champion stallion to group 1 glory on the racecourse.
Offered by Newhaven Park as Lot 852, the grey is the second foal out of the group 2-placed Supara, herself the daughter of the stakes-placed Unabated, whose five foals to race all won.
"He is a beautiful horse, he's a lovely, lovely colt, and he is going to be raced by a group of guys to spread a bit of risk, so to speak," said Malone.
"The minute I saw him, I loved him and we've had a bit of luck with the Snitzels. He just had that shape and that look and that Domesday cross; we know it works. He is from a really good farm."
The colt's demeanor was a big factor in the hot competition he garnered in the ring.
"Temperament is so important, so if they can keep walking around here (the parade ring) like they did the first time, it's a big tick, and he just rolled out every time," said Malone. "I don't know if you saw him out the back here, but nothing fazed it. With that sort of money, you've just got to hope you're on the right one.
"Gerald will be training—he was part of the whole thing, and he was on the team—and there's no better man than Gerald when he picks up a Snitzel."
Newhaven Park's John Kelly was "thrilled" to see the colt excel in the ring, having bred and raced Supara.
He said: "It's just such a great reward for all the people at Newhaven who put in so much. We have sold a few (million-dollar lots), and we have had a bit of luck up here, selling the odd horse for a bit of money. It's a difficult thing to do.
"The Magic Millions team, led by Barry Bowditch and with Gerry and Katie (Harvey), are to be congratulated. There were many times in the last month where we didn't think we'd get here. I think it's great credit to them and their organization."
The third colt to bring seven figures was a son of Written Tycoon out of the Medaglia d'Oro mare Taqaseem. Consigned by Emirates Park as Lot 869, he sold to Spendthrift Australia on an AU$1.2 million ($933,484) bid.
Sale Stats Surpass Expectations
With a further 90 lots set to go under the hammer tomorrow, the sale gross of over AU$180 million has already surpassed last year's Book One total of AU$177.4 million.
The sale average price is trending higher than 2020 at AU$255,142, and the clearance rate continues to hover around 88%.
"To have the statistics we have to the end of day four is quite phenomenal," Magic Millions managing director Bowditch said. "We have eclipsed last year's book one gross with a night to go, and both the average and clearance rate are holding.
"There's an insatiable thirst for the quality horses, and the buyers are here in droves, and they're doing business."