Magic Millions - Nikitas Tops Summer Racehorse Sale

Tuesday, 16 January 2018: Book Three of the Magic Millions Gold Coast Yearling Sale and a successful Summer Racehorse Sale brought a record breaking week of trading to a close on Tuesday.

Nikitas
Nikitas


Led by stakes performed sprinter Nikitas, the Summer Racehorse Sale boasted a gross of $927,000 with an average price of almost $30,000 and clearance of 97 per cent.

Nikitas sold for $195,000 to Neville Morgan and was joined by Godolphin offerings Caffeine ($115,000) and Mogador ($110,000) to make six figures.

Book 3 of the Yearling Sale realised more than $300,000 as buyers snapped up 33 lots at bargain prices.

Across the six days days of selling some $168,753,500 was traded on the outstanding selection of stock on offer from breeders from Australia and abroad. The clearance rate from all horses from Day One to Six was 90 per cent.

Magic Millions Managing Director Vin Cox has mixed feelings about the record breaking sale and carnival with this being his last at the helm of Australia's leading thoroughbred auctioneer.

in Cox's tenure as Managing Director will conclude on Friday. The company's current bloodstock manager Barry Bowditch will start next week in the role as Managing Director, while Clint Donovan becomes Bloodstock Manager.

"This has been the most incredible sale and carnival," Cox said. "A truly spectacular success.

"There are so many moving parts that make this sale and carnival the success that it's been.

"Everyone came to the Gold Coast and played their part well beyond our most optimistic expectations we therefore thank them across the board."

"On a personal note I want to thank the Magic Millions team, who worked extremely hard to deliver Magic Millions 2018 and also their unwavering support during my time at Magic Millions."






News from: Breeding / News Articles