Magic Millions Sale Posts Increases

Gross and average rise 25% and 20.3%, respectively, from the previous year.

The Magic Millions QTIS 600 yearling sale ended its two-day run March 22 in Australia with increases of 25% in gross and 20.3% in average price from a year ago.

“It’s been a great couple of days of selling, and I’m sure buyers will be thrilled with the value they have achieved,” said Magic Millions managing director David Chester. “With such great incentives and bonuses linked to the sale, the buyers will be looking back at this sale as one of the best values ever.”

The 346 horses that sold grossed Aust$7,669,500 ($7,016,520 in U.S. funds) and averaged Aust$22,166 ($20,279). The clearance rate was 82.4%.

A Starcraft filly that sold on the second day was the auction’s most expensive horse, bringing Aust$140,000 ($128,080). Sydney trainer Gerald Ryan purchased the chestnut filly, which is out of the winning Homebuilder mare If I So Desire and is a half sister to four winners.

“She was one of the best fillies of the sale,” Ryan said. “She’s by a young stallion that is really doing the job. The way the quality horses have sold this year, she certainly looked good value.”

:Lyndhurst Stud Farm, agent, consigned the filly.