Healthy increases across the board continued at the Magic Millions Sales Complex today as the Adelaide Yearling Sale came to a successful conclusion.
With a strong buying bench of locals, interstaters and even international guests, the sale saw over $1.48 million change hands for 114 yearlings at an impressive average price of $12,987.
The average price for the corresponding session in Adelaide last year was just $5,494.
The clearance rate of 76 per cent rose all through the day and matched yesterday’s impressive sale.
Top price today was $77,500 for a Bel Esprit colt given by leading Victorian trainer John Ledger.
Ledger was one of the more active buyers today along with the likes of Aquanita Racing (WA), Washpool Thoroughbreds, Darren Weir, Richard & David Jolly and Lloyd Kennewell.
“The buyers were out in force today at Morphettville and got some great value,” Magic Millions Managing Director David Chester said.
“Quality individuals were well sought out and were the subject of spirited bidding,” he added.
“The Adelaide Sale has a proud history and is regarded as one of the best value sales in the Southern Hemisphere.”
“It is the sale where buyers can come and buy themselves a racetrack star for a price much lower than elsewhere around the country.”
“South Australian bred horses have a proud history of winning feature races around the country and world and this is bound to continue into the future.”
Chester said his team was already looking forward to the 2011 Magic Millions Adelaide Yearling Sale.
Meanwhile, the Magic Millions Adelaide Complex will host an Autumn Mixed Thoroughbred Sale on April 11. Further details on this sale can be obtained from the Adelaide office.
In the meantime the sales focus will switch to the Gold Coast for the 2010 Magic Millions QTIS 600 Yearling Sale.
Two days of selling will see a first class line up of youngsters go under the hammer on March 21 and 22.