Day At The Track

Strong demand for trotters on Day 1

06:30 AM 20 Feb 2019 NZDT
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Lot 192,Harness racing
NZB Standardbred photo

The lift in demand for the straight-out trotter has been reflected in the results achieved on Day 1 of selling at NZB’s National Yearling Sale in Christchurch, with the aggregate, average and median figures exceeding that of last year’s result.

“There has been a tremendous development of the stand-alone trotter and for the turnover to break the million-dollar mark is a great achievement,” commented NZB Standardbred Manager Peter Lagan.

“It’s been great to experience another lift with the average reaching over $30,000, reinforcing that the trotter has really become quite a commercial product.”

With 40 lots sold this afternoon, the aggregate surpassed the seven-figure mark to close at $1,203,500 (up 26% on 2018). The average rose to $30,088 (up 16% on 2018), the median settled at $21,500, while the clearance rate was a strong 83%.

Seven lots sold for $50,000 or more with the highest-priced yearling fetching $105,000. The Love You colt, King of Love, was offered by Mansfield Farm as Lot 192 with local trainer Greg Hope the winning bidder.

“We’ve got a Love You filly at home that we are in raptures about and we couldn’t resist having a full blood brother to that,” commented leading buyer Hope who spent an aggregate of $140,000 for two lots.

Champion European sire Love You topped both the leading sire table by aggregate and average (three or more sold) having sold 10 lots for $403,500 in receipts, and a healthy average of $40,350.

Jim Connelly was active at the Christchurch Sale after making his presence felt in Auckland. Purchasing under his KPC Racing banner, Connelly secured two trotting yearlings today for a total spend of $130,000.

Selling six lots for a total trade of $163,000, Ripple Creek were the leading vendors by aggregate with their results bolstered by a Father Patrick colt (Lot 156) who sold for $50,000.

Studholme Bloodstock were the leading sire by average (three or more sold) having sold three lots at an average of $42,333, including a Muscle Hill filly (Lot 158) who made $65,000.

“It was a wonderful result for the farm,” commented Studholme Bloodstock’s Brian West.

“I’ve been in and out of the trotters for nearly three decades, and once I had spent some time in Europe, I came home convinced that we should start investing in good trotting blood – simply because we can access the best trotting sires in the world.”

The Christchurch Sale continues tomorrow with Lot 196 to Lot 401 going under the hammer from 11.00am.

All horses purchased at the National Yearling Sale are eligible for the NZB Standardbred Harness Million Series with approximately $1 million in prizemoney for graduates.

To make enquiries about any Passed Lots, contact Cam Bray on +64 21 737 199.

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Reprinted with permission of NZB Standardbred

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