Alex Elliott leaves it late to secure 90,000gns Authorized colt at strong Book 3
James Thomas reports from the penultimate session of the October Sale
After a six-figure frenzy on day one, prices cooled a little at the concluding session of Book 3 of the Tattersalls October Yearling Sale on Friday, although trade again proved strong for the level.
The strength of trade witnessed at Book 2 was again in evidence during the two-day Book 3, which concluded with a five per cent year-on-year increase in turnover at 7,367,200gns. The average was down marginally at 16,050gns while the median was up by ten per cent at 11,000gns, having been 10,000gns 12 months ago.
Underpinning those positive results was a rock-solid clearance rate of 85 per cent, up from 80 per cent in 2019, as 459 of 538 offered lots found a buyer.
Heading the market was a son of Authorized who went the way of agent Alex Elliott at 90,000gns after a sustained tussle with Jedd O'Keeffe and Mark Johnston late in the session. The French-bred foal, a half-brother to dual Listed winner Scentasia, was bred by Rabbah Bloodstock and offered through The Castlebridge Consignment.
View full Book 3 of the Tattersalls October Yearling Sale results
"He's off to Ireland and there's a lot of options for him," said Elliott, whose purchase was made on behalf of an undisclosed client. "He's by a sire we love and they're not really making them any more, except in Turkey! He could run on the Flat next year or we can go down the National Hunt route.
Elliott, who signed for ten lots at a spend of 870,000gns in Book 2 and four more in Book 3 for 242,000gns, reflected on a busy five days of selling in Newmarket. He said: "Book 2 was hard just because the market was so strong, which I don't think anyone expected, but I bought some good staying horses for some good clients.
"Book 3 is my favourite sale though; I bought the Listed winner Dave Dexter here and it's just a fun sale as it gives you the chance to buy a few sleepers."
Rabbah reload
Having bred the session-topping Authorized colt, Rabbah Bloodstock also figured prominently as the buyer of two of the day's more notable lots, including the Night Of Thunder colt knocked down to James Tate at 46,000gns.
"Obviously Night Of Thunder has done incredibly well so we were looking for his stock," said the Newmarket trainer. "We thought he was a really lovely example of the stallion's progeny and really liked the way he walked around the ring. Fingers crossed he'll turn out to be a good horse."
Rabbah also signed for another of the day's more noteworthy lots in the New Bay filly out of Bellwether from The National Stud. Jono Mills signed the docket at 42,000gns. The filly boasted one of the session's stronger pages as she is out of a daughter of Three Valleys and the dual Grade 1 winner Heat Haze, who in turn is out of Juddmonte's blue hen Hasili.
"She was a lovely filly, New Bay is flying and she's got a great Juddmonte page too," said the National Stud's director Tim Lane. "We've been very lucky this week and trade has been amazing. I don't think anyone saw it coming but long may it last."
Bradley takes the Time Test
Leading syndicator Nick Bradley also struck one of the day's bigger final bids when going to 45,000gns for a filly from the debut crop of Time Test who traces her pedigree back to Coronation Stakes heroine Maids Causeway. The April foal was offered by The Castlebridge Consignment.
"She didn't belong in this catalogue," said Bradley, who was plainly delighted to secure the filly but couldn't mask his frustration at being pushed so far. "She was a Book 1 physical in my opinion. I didn't want to pay 45,000gns but Federico Barberini was the underbidder and he's a fair judge so he made me pay that. On another day she might have only cost five grand."
In light of those headline-grabbing victories, Bradley had a positive update on the sale of shares for his 2021 team of two-year-olds. He said: "I've bought 20-something yearlings this year and have sold all the shares in most of them already. I must've done 12 deals yesterday and 12 deals the day before so everything I've bought in Book 2 has sold out.
"Things are flying and we've had a great year. The problem when you get to the top of the mountain is that sometimes the only way is down!"
Bradley said he had purposefully targeted fillies as he restocks for future seasons. On his sales ring habits, he said: "My theory is, if I win the Dewhurst I'll be trying to sell the winner on [as a stallion prospect] and the owners will be wondering why I'm selling the best horse. If I win the Cheveley Park Stakes I won't be in a rush to sell as the value will always be there so the owners can live out their dreams. The Great British Bonus is a big help too."
The Tattersalls October Yearling Sale concludes on Saturday, with Book 4 starting at 10am.
More news from the Tattersalls October Yearling Sale:
The young agents out to prove that early success is far from a Quirke of fate
Four-way tie for top lot honours as quartet fetch 130,000gns at Book 3
Starspangledbanner colt brings 360,000gns as buoyant Book 2 draws to a close
Lope De Vega colt leads the way at 675,000gns as intense Book 2 trade continues
Emotional Egan sees first foal out of sole mare head to Shadwell at 260,000gns
Expectations surpassed as 400,000gns Kingman colt tops strong Book 2 opener
Galileo sister to Japan becomes world's most expensive yearling at 3,400,000gns
Huge result for Gigginstown House Stud as Kingman filly fetches 1,450,000gns
Godolphin's seven-figure spree continues as 1,100,000gns Dubawi tops day two
Late drama at Book 1 as Galileo Gold's half-brother brings 2,700,000gns
Godolphin outgun Coolmore at 2,100,000gns for blue-blooded Dubawi colt
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