Everyone would love to be a part of a syndication business that averages over 100 winners a year.
The colours of Australian Bloodstock have been carried to victory in some of Australia’s greatest races and this super successful syndication business created by Luke Murrell and Jamie Lovett is powering into 2023 off the back of a sensational past 12 months.
“Luke and I have long held the view that not enough Syndicators are judged by their results. With so many new Syndicators entering this space, we feel it very important that owners get results,” said Jamie Lovett.
“It is one thing to have incredible prize money here in Australia, but it is no good to you if you are not winning it. I believe it is the single most important thing to ensure future engagement- winning races !!’’
Australian Bloodstock have formed fruitful relationships with a variety of leading trainers in NSW, Victoria, Queensland and South Australia and take a global approach to the sourcing of new stock with a mix of tried horses from Europe and New Zealand, supplemented by yearlings carefully selected and purchased locally.
Their well rounded approach to the business has delivered impressive results for investors with some 80 plus horses winning no fewer than 130 races last year with highlight wins for Gold Trip (FR) in the Melbourne Cup and Top Ranked (IRE) in the Epsom Handicap.
Also tasting stakes success have been: exciting prospect Nugget (GB), Ucalledit (NZ), Gem Song, Ironclad (GB), Wandabaa, Special Reward and Wolverine with a special mention for outstanding jumper Saunter Boy (FR), who won five races last year including the Grand National Hurdle and has won over $1million prizemoney.
“Over the last six to seven years we’ve averaged around 100 winners a year, but we invest in all of our own horses so they need to be winning to make it work,” said Lovett.
“We can’t compete for those big colts targeted by the stallion syndicates, but there are so many other options you can pursue in order to make thoroughbred investment profitable and enjoyable.
“We won the German Oaks again last year with Toskana Belle which was very satisfying. We’ve won it three times now and those fillies have then been sold to Japan to go to stud, so that’s been a rewarding exercise.”
Australian Bloodstock also had a good windfall last year with the sale of three stakes performed racemares in Wandabaa, Enchanted Heart and Lunakorn through a bespoke Inglis Digital Sale.
The trio of mares cost $183,500 when purchased in Australia as yearlings before going on to win nearly $1.7 million in prizemoney and were then sold as breeding prospects for $1.21 million.
“We’ve found that purchasing the more affordable fillies can offer great returns and you can compete in that area of the market to get the horses you really want,” said Jamie Lovett.
“We had a great result with Miss Canada a few years ago. We bought her for $240,000 at Magic Millions and she won a couple of races and gained Black Type placing in the G2 Silver Shadow.
“We sold her at the Magic Millions Broodmare Sale in 2021 for $750,000 to Suman Hedge.”
The year has already started on a high note with the Cody Morgan trained gelding Ezekeil winning the $500,000 Magic Millions Country Cup at the Gold Coast and the Australian Bloodstock team have been quick to take the opportunity to reinvest at Australia’s biggest yearling sale.
“We bought 15 yearlings this year, which is the most we have ever come away with, but we believe it’s a great time to be involved in racing in Australia,” Lovett reflected.
“Aside from the stakes races there are so many rich races to target in this country and even an average horses can win a couple of hundred thousand on the track.
“We’ve bought a good cross section of horses that will go into various stables and we encourage interested parties to have a look at our website and see what we have to offer.”
