Records tumbled at the Cape Premier Yearling Sale last week, with increases in sale aggregate (+16%), average (+12%) and median (+14%), and a new South African sales topper at R5.2 million. Three years into its existence, the unique Cape Premier Sale has become a great showcase on South Africa’s auction scene.
It was a Dynasty colt out of a full sister to champion sire Silvano who set the new record. Bred by Maine Chance, he’ll join the string of Mike Bass, trainer of last year’s (joint) R3.2 million sales topper, also consigned by Maine Chance. The previous South African record holder Brutal Force had been sold at the Cape Ready to Run Sale in December 2013 for 4.5 million, having been bought earlier that year at the Cape Premier sale for 1.5 million. Fittingly, Brutal Force went on to win the 2015 CTS Million race for graduates of the Cape Premier sale two days after his SA sale record had been broken.
Beyond the sale’s record numbers lie some interesting statistics.
Such as the number of yearlings sold for a million or more. There were 29 this year, vs. 20 at the same sale in 2014 (the total number sold was 187 this year vs. 180 in 2014). Stepping up, sixteen of these millionaires went for 2 million or more (12 in 2014), and six went for 3 million or more (the same number as in 2014).
The overall median price increased from 350k to 400k, but when split by sex the picture changes dramatically. Colts remained at their 400k figure set in 2014, while the fillies median jumped by some 37%, from 300k to 412k. The local and international buyers of topclass pedigrees are looking beyond racing careers, it seems.
Second highest price at the sale came on Day Two, when English bloodstock agent Amanda Skiffington went to 4 million for a Var colt consigned by Barbara Sanne’s Oldlands Stud. This small stud has an exceptional record with SA-bred performers abroad, and the dam of the yearling colt is half sister to Lucky Find, a Gr2 placed Gr3 winner in Dubai.
The top priced filly came from Highlands, sired by resident stallion Dynasty. The filly is the third foal of her multiple Gr1 winning dam Overarching, whose first 2 foals are multiple winners. The youngster was knocked down to Markus Jooste’s Mayfair Speculators, for 3.7 million. The same price was realised by the Western Winter colt out of Gr1 Cape Fillies Guineas winner Field Flower, a daughter of Silvano. Field Flower’s third dam Eastern Princess is a full sister to influential sire Bold Ruler. The colt was consigned by Maine Chance, and fell to a final bid from Form Bloodstock and trainer Dean Kannemeyer.
All sale graduates will be eligible for the Million Dollar races (two of $500k with a possible bonus of $1 million), to be contested early in 2017 at Turffontein.