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Today's Racing :

Emperors Palace National Yearling Sale yields a pleasing outcome

ALTHOUGH the provisional three-day aggregate of R152,12 million recorded at the end of the 2009 Emperors Palace National Yearling Sale on Monday was 24% down on the 2008 figure of R201,05 million, accolades came from local and international buyers.

``In the current economic climate the South African National Yearling Sale is without a doubt the best performing thoroughbred sale in the world,’’ said Australian buyer Paul Guy, echoing auctioneer Steve Davis’ earlier assessment that this was his “strongest sale in the last six’’ he’d conducted around the globe.

Team Valor International’s Barry Irwin, on his fifth successive visit, secured eight foals and summed up the event, saying, “The value here is superb, it is a joy to come to this sale and I’ll be booking for next year.’’

Irwin, renowned as one of the shrewdest buyers on the planet, described his purchase of Klawervlei Stud’s Lot 587, a daughter of Captain Al from Grade 1 winner Roxanne, as “incredible, because I would have gone to well over R1 million for her and paid only R600 000.’’ He added: “She’s probably the nicest looking filly I’ve seen. They don’t come better looking than this.’’
Summerhill Stud enjoyed the honour of selling the top-priced colt and filly at the sale. Lot 211, Uncle Tommy, a half-brother to Rebel King, was knocked down to Mike Bass for R2,4 million and Team Valor bought first-season sire Solskjaer’s daughter Matara Garden for R1,5 million. Mick Goss of Summerhill commented: “This was a very good sale and we are delighted with our achievement.’’

Klawervlei Stud was the top vendor by aggregate and Stud Manager John Koster said: “We are very proud as Klawervlei had only 13 yearlings at all the sales when we started four years ago.’’ The Bonnievale stud farm sold 33 lots this year for a combined total of R14,555 million.
The leading buyer was trainer Mike Azzie, representing Prancing Horse Stud, who will be taking home 14 yearlings bought for R9,455 million.

Champion Stallion Jet Master topped the sires list with 47 of his offspring sold for R19,81 million or an average of R421 489.

BloodStock SA’s CEO, Jan Naudé said he was most pleased with the results as they were significantly better than figures posted at thoroughbred auctions around the globe since the start of the real economic meltdown. He noted also that the passout rate of 89% was much better than the corresponding rates at other recent sales worldwide. The average price of R310 449 was only 20.6% down on last year’s record average, R391 000.

BSA’s Sales Manager Caroline Simpson thanked Emperors Palace for their continued support and wished Emperors CEO Bob Yearham a speedy recovery from illness. “This was a good team effort from the top down and I am truly excited that we could hold our own in these times,’’ she said.

The final statistics for NYS 2009 are available on www.tba.co.za

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