Tatersalls Australia
The Tattersalls autumn horses in training sale ended its four-day run Oct. 27 in England with a median price that was the same as a year ago. The number of horses sold fell 2% while the gross declined 5.9%. The average dropped 3.8%.
“A smaller catalog and one that perhaps was a little light on real stars has resulted in a marginal decline on last year’s returns,” said Tattersalls chairman Edmond Mahony. “But this has been a good, solid sale from start to finish and another reminder of the global demand for British bloodstock. There is nothing quite like the autumn horses in training sale anywhere else in the world and a clearance rate well in excess of 80% and buyers from more than 30 different countries both demonstrate the unique appeal of this fixture.”
The final results included a gross of 16,548,600 guineas ($22,780,480 in U.S. funds) for the 848 horses that were sold. The average was 19,557 guineas ($32,830) and the median was 9,000 guineas ($15,108).
The clearance rate was 83.1% compared to 79.6% in 2010.
“Competition has been fierce at all levels of the market and, in addition to the huge Middle Eastern contingent, a particular feature has been the number of buyers from Australia,” Mahony said. “Recent graduates of the autumn horses in training sale have made a huge impact Down Under and success on the racecourse combined with the weakness of sterling has enticed an unprecedented number of Australian buyers to the sale. Those eyeing the Dubai World Cup Carnival have also made a major contribution and, as ever, the National Hunt fraternity has been active throughout the week.
“Equally encouraging has been the demand for well-bred fillies with decent form. We have an abundance of high class fillies and mares in the forthcoming Tattersalls December sale and this week’s sale has shown that the appetite for quality breeding stock remains as strong as ever.”
Obviously brought the final session’s top price of 130,000 guineas ($218,233). He is a 3-year-old gelded son of Choisir and is out of the Montjeu mare Leala.
Consigned by Peter Fahey’s Roefield Stables on behalf of Clare View Farms, Obviously was knocked down to Jamie Lloyd and Boomer Bloodstock’s Craig Rounsefell.
"He was our top pick of the sale," Lloyd said. "But we couldn't get to see him until Wednesday (Oct. 26)! Thankfully it all worked out well.
"He is for Mike Murphy, and he is just our sort of horse. He is lightly raced, progressive, will get the two turns, is a good-looking horse, and has a great walk. He has also won on both turf and the all-weather."
Obviously has won two of his three career races in Ireland and has earned $20,320.
During the last session, 145 horses were sold for a gross of 1,003,200 guineas ($1,684,095). The average was 6,919 guineas ($11,615) and the median was 3,200 guineas ($5,372).
The clearance rate was 76.3%.
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Gai Waterhouse jumps on European bandwagon
Gai Waterhouse has blamed officialdom for the demise of the Australian thoroughbred stayer as she became the latest trainer to tap into the European bloodlines that threaten a clean sweep of next week’s Melbourne Cup.
As the nation prepares for an unprecedented number of northern hemisphere-bred horses contesting Australia’s richest race, Waterhouse said the Australian stayer was on the endangered species list.
“Our (race) clubs should pull their socks up,” she told reporters during Flemington trackwork on Tuesday.
“All the Cups have come back in distance … it’s a travesty, it’s really a shame.
“You know people love staying races and they bet on them.
“Look at this Melbourne Cup … it stops a nation. It runs for two miles (3200m) and we love it.”
Waterhouse has won nearly every major Australian staying race but a Melbourne Cup victory has been elusive.
Now Waterhouse has been forced overseas to source potential Melbourne Cup winners for her Tulloch Lodge stable.
Results from the first day of the famous Tattersalls Autumn Horses-In-Training Sale in England revealed Waterhouse had joined a growing list of Australian trainers trying their luck with overseas horses.
Capitalising on a fragile UK racing economy with the backing of a strong Australian dollar, Waterhouse’s representatives signed for two horses.
The more expensive of the two at almost $230,000 was Glencadam Gold, a three-year-old son of Darley stallion Refuse To Bend, a half-brother to the 2002 Melbourne Cup winner Media Puzzle.
“European horses have done such a great job in Australia and she wishes to be part of that success too,” Waterhouse’s racing manager Bruce Slade told Tattersalls officials.
“These horses are well performed, lightly raced and the right sort for the Cup races.
“Gai has had New Zealand-bred horses before and they are produced in much the same way as European horses are.
“Her owners were quick to jump on board with this plan.”
By turning her focus to Tattersalls, Waterhouse is following a relatively new path to success in Australian staying races.
Chris Waller is now the leading trainer in Sydney and much of the foundation for his 2010/11 premiership win was established in the Newmarket sales ring a few years earlier.
He created a niche market for himself in Sydney racing, buying inexpensive, staying-bred horses from the annual sale billed as the world’s biggest for tried thoroughbreds.
With almost $800,000 in stakes off a $14,500 outlay, Hawk Island, a Melbourne Cup runner next week, has been just one of many Waller overseas success stories.
Bargains like Hawk Island might be harder to find now but paying $200,000 for a horse with some proven form over a distance in England could be considered good buying against the lotteries that are the Australian yearling sales.
European horses dominate the latest Melbourne Cup order of entry with 19 of the first 30 bred in the northern hemisphere.
Waterhouse expects to have two Melbourne Cup runners on Tuesday – Tullamore and Older Than Time – placegetters in the Caulfield Cup and Sydney Cup respectively.
AAP TURF
Tags: Gai Waterhouse, Melbourne Cup
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