In total 157 horses sold for a clearance rate of 78% for the New Zealand Bloodstock Festival Sale with the top price of $90,000 being the highest price paid in the session since 2013.
Purchasers of the highest priced Lot, the New Zealand Chinese Jockey Club bid to $90,000 to secure Hallmark Stud's Super Easy colt at Lot 1132 from the winning O'Reilly mare Astrogal.
Destined for the Donna Logan and Chris Gibbs stable, the group's CEO Alan Fu is pleased with how the concept has been received.
"There's been interest from the local Chinese community to invest in racehorse ownership for some time but the general perception out there was that it's a very expensive sport. We've put a lot into changing that perception, educating people and answering their questions."
"Syndication has made racing horses more accessible and our members like the idea, the lifestyle and the community we've created. When we showed the colt to investors today, he was quickly fully syndicated."
"We hope the Super Easy colt can be a Karaka Million horse.”
The first foal of the O’Reilly mare Astrogal, the colt is from the family of stakes winners Omnicorp, Crimson, Abidewithme, Wildly and Always Certain to name a few.
Overall the progeny from the second crop of resident sire Super Easy were received extremely well by buyers, selling up to $100,000 for the colt we offered during the Select Session of the sale as Lot 602.
Out of the Al Samer mare Charming Elle, herself a half-sister to stakes winner Battlefield, the colt was purchased by Richardson Racing.
To view Hallmark Stud's complete results from the 2017 New Zealand Bloodstock yearling sale, click here.