Sale Ring Frenzy

Tara Madgwick - Wednesday March 21
It's been a long time since racetrack results generated by a first season sire have driven a sale ring frenzy, but that is what we are seeing in this country right now.

The dictionary definition of the word frenzy - a state or period of uncontrolled excitement or wild behaviour – and that pretty much sums up what happened at the Gold Coast this week.

Unprecedented demand for the progeny of Eureka Stud's Spirit of Boom is the talking point of the bloodstock world in a week where his progeny sold through the roof at the Magic Millions Gold Coast March Yearling Sale making for a record breaking sale.

The top 14 lots at this sale were all sired by Spirit of Boom with a filly from Hidden Flair the top seller at $430,000. Click here to see who bought his stock.

He had 37 yearlings sell at an average $167,500 and his aggregate of $6,197,500 accounted for nearly half of the overall sale aggregate.

To put into perspective the scope of his domination and meteoric rise, let's take a look at this sale last year.

At the 2017 Magic Millions Gold Coast March Yearling Sale, Spirit of Boom had 30 yearlings average $28,767 and his top seller at $90,000 was a filly from Dots and Spots that is yet to be named. Click here to see who bought his stock last year.

He was the tenth leading sire by average, although was the leading sire by aggregate given his big numbers. His aggregate $863,000 was about 10% of the overall sale aggregate.

The quality of his yearlings offered this year is in no way different from those offered last year, but the game changer is Spirit of Boom, who has shown himself to be a rare source of fast precocious two year-olds that can win the sort of sales incentive races beloved of owners.

You often don't need a particularly good horse, but you do need one that can run early and Spirit of Boom as the leading two year-olds sire in the country by winners has shown he can deliver the goods.

Leading Australian First Season Sires



Widden Stud and Woodside Park's Zoustar actually heads Spirit of Boom by earnings on the Australian First Season Sires List courtesy of his outstanding filly Sunlight, who won the Magic Millions 2YO Classic and is favourite for the Golden Slipper.

He too has become a sire in demand as we saw at the Inglis Premier Yearling Sale in Melbourne at the start of the month where his Victorian conceived second crop were on fire.

ZoustarZoustar finished Inglis Premier Book One as the leading sire by aggregate with 29 yearlings generating $4,855,000 in turnover.

His average price of $167,414 also put him in elevated company with only Snitzel, Fastnet Rock, I Am Invincible, Pierro and Not a Single Doubt finishing ahead of him.

For Spirit of Boom to average virtually the same at MM March as Zoustar did at Inglis Premier is quite a stunning statistic given we are talking about two stallions that although they are both dual Group I winners, have come from very different starting points.

Spirit of Boom has stood at a fee of $11,000 in each of his first four seasons, while Zoustar has been at $44,000.

Zoustar is doing as you would have hoped given the level of opportunity and his profile, Spirit of Boom is over achieving by about a million miles.

What the future holds for these two potentially outstanding young sires will be fascinating to watch play out and the Inglis Australian Easter Yearling Sale will be the next opportunity for the market to assess their worth.

Zoustar has 12 entries and you can see them here, while Spirit of Boom has two youngsters offered by Eureka Stud in Book Two, click here to see them.



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