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International Investment Highlight Of NZB Premier Day One
Some of the bloodstock industry’s biggest names descended on New Zealand Bloodstock’s Karaka Sales Centre yesterday for day one of the Premier Yearling Sale. The international buying bench provided the bulk of the investment in yesterday's Premier offering, accounting for 69% of the day’s spend ($20,817,500) and highlighting the high esteem the New Zealand product is held in on the world stage. In total $30.3 million was traded for 169 Lots, up 8% on last year’s opening day aggregate with the clearance rate currently sitting level with last year’s at 76%. The average currently sits at $179,083, ahead of last year’s final figure of $176,226 with the median at $135,000. The Rutherford family’s Beltana Stud was handsomely rewarded for the full brother to their home-bred success story Shamexpress. From the last crop of champion sire O’Reilly, the colt provided the price highlight for the day early in proceedings. Fetching $825,000 at Lot 10, he will be raced by a consortium including the China Horse Club, Newgate Farm and Alan Bell Racing with China Horse Club racing and bloodstock manager Michael Wallace commenting on behalf of the group. “He’s a colt of exceptional quality with great core strength and balance," said Wallace. “We felt he was a rare type of colt that we haven’t seen on offer here for a while. Alan [Bell] shared the same views so a partnership was formed to take a shot at him.” Shamexpress himself was purchased from Beltana at the 2011 Premier Sale for $130,000 by Danny O’Brien and now stands at Windsor Park Stud. The Gr1 Newmarket Handicap winner’s first crop of yearlings were well-received yesterday leaving him the leading first crop sire. His top Lot was secured for $360,000, with Jamieson Park’s filly from the Zabeel mare Fantasy World (Lot 159) knocked down to Queensland-based trainer David Vandyke.