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Magic Millions ends with record receipts

Last updated: 1/19/07 7:31 PM

The Magic Millions Yearling Sale came to an end on Friday with cumulative

gross receipts

of A$124,475,750, demolishing the previous record of A$91.6 million.

Magic

Millions Managing

Director David Chester was especially impressed with the depth of trade over the

course of the

eight-day auction.

"It really has been an outstanding sale," he said.

"Right from the first

lot last Tuesday through the first five sessions and again this week with the

sixth, seventh and

eighth session."

The overall

sales topper was Lot 376, a colt by Sadler's Wells out of Sunday Joy (Sunday

Silence) who fetched a bid of A$2

million from trainer Gai Waterhouse.

Topping the last of the three open sessions was Lot 1599, a

filly by ill-fated sire Iglesia. Consigned by Misty Downs Stud, agent, the

daughter of Tres

Rapide (Paris House) was purchased by Lauriston Thoroughbred Farm.

"She's a

pretty special filly," said Ron Maund, bidding on behalf of Lauriston. "We like

to buy the good

fillies and we thought she was one of the best here in (this part of) the sale.

I had to go a bit

higher than I thought, but with these quality yearlings you know other people

are looking at them

and there will be plenty of interest on them."

The Friday clearance rate topped

80 percent to push the overall rate for sessions six through eight to a very

healthy 78.3 percent.

Full results may be found at

www.magicmillions.com.au.

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