A colt by Coolmore Stud's elite sire Fastnet Rock sold for $4 million (US$4,209,200), the second-highest price ever paid for a yearling at auction in Australia, on day two of the Inglis Easter yearling sale.
A study of Australian racing has concluded that breeders in that country have paid more than Aust$500 million in training fees over the last two seasons.
John Messara was elected president of the Thoroughbred Breeders Australia, during a meeting of its board July 20.
At a July 20 meeting of Thoroughbred Breeders Australia Limited, the board elected John Messara as president of the association.
The momentum slowed, only just enough for everyone to catch their collective breaths, but still earnest bidding highlighted day 4 on a balmy Sunday at the Magic Millions Yearling Sale in Australia.
Australia's best racehorse, Lonhro (Octagonal--Shadea), will retire to stud in about three weeks.
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