A colt, lot 2057, by young sire Foxwedge was the sale-topper at Aus$340,000 (U.S.$261,800).

A colt, lot 2057, by young sire Foxwedge was the sale-topper at Aus$340,000 (U.S.$261,800).

Courtesy of Magic Millions

Foxwedge Colt Tops Magic Millions Sale

Gross improves at this year's Magic Millions National yearling sale.

In the third and final session of the Magic Millions National yearling sale, a colt by young sire Foxwedge was the sale-topper at Aus$340,000 (U.S.$261,800).

Consigned by Eliza Park International, agent, for Heinrich Bloodstock Unreserved Dispersal Sale, the colt was purchased by Hawkes Racing after spirited bidding. From the first crop of group I winner Foxwedge, by Fastnet Rock, the colt is out of the winning Fantastic Light mare Ekeel, who counts a group I winner and two other stakes winners among her siblings.

"He really stood out," John Hawkes said after securing the youngster. "He's got a great attitude and is extremely athletic. I've got a few Foxwedges now. I've been impressed with his first crop and look forward to seeing them race."

The sale rounded out with 428 lots sold at an average price of $26,151 ($20,136) and a gross of $11,192,800 ($8,618,456). Leaving currency rates out of the equation, gross at this year's sale compared with last year's sale, which had a different format, was up 6.2%.

Average at this year's sale was down 12.9%, and buybacks were down from 33.9% last year to 25% this year.

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