Lot 613, a colt by Sepoy, brought an Australian record price of $1.2 million (US$984,180) at the Magic Millions Gold Coast yearling sale Jan. 10.

Lot 613, a colt by Sepoy, brought an Australian record price of $1.2 million (US$984,180) at the Magic Millions Gold Coast yearling sale Jan. 10.

Courtesy Magic Millions

Spendthrift Buys Record-Priced Sepoy Colt

Price is Australian record for an offspring of a first-season sire sold at auction.