A colt by Grand Lodge brought the top price of $90,000 (approximately $48,060 in U.S. funds) on Sunday at San Miguel sires' produce yearling sale in Australia. James Bester Bloodstock purchased the colt from Riverslea Farm, agent.
Produced from the unraced Marauding mare Koorda Lady, the colt is a half--brother to Zedrina (by Zeditave), a seven-time winner in 29 career starts. Koorda Lady is a 13-year-old half-sister to the stakes-placed runners Market Report (Aus-III), Chic Prince, and Wings On Her Heels.
The top-priced filly was a daughter of Canny Lad--Deep Pile. Paul Perry purchased her for $75,000 from Collingrove Stud, agent.
In all, 139 yearlings were sold for a gross of $3,440,500 ($1,837,227) and an average price of $24,752 ($13,218). Compared to 2001's results, the number sold and gross were up by 9.4% and 7.7%, respectively. The average was down by 1.6%.
"There is clearly a good market here for better quality yearlings, and vendors who supported the sale with the right type of horse were well-rewarded," said Reg Inglis, the managing director of William Inglis & Son. "If we can encourage a few more breeders to get behind this sale, there's no reason why it can't go ahead in leaps and bounds."