A Sepoy colt set an Australian record when knocked down for $1.20 million at the Gold Coast Magic Millions on Saturday night.

The first foal of former outstanding mare Sister Madly, the colt was presented at the sale by Segenhoe Stud and, after a fierce bidding battle, was purchased by Spendthrift Farm after the Kentucky based operator outlasted Hong Kong’s George Moore.

It set a new record price for a first-season sire representative sold at auction in Australia.  The colt will head to the stables of Hawkes Racing.

The Segenhoe team purchased Group 2 winner Sister Madly from the Magic Millions National Broodmare Sale as a stud prospect for $1 million and her first foal had always been a standout.

“The Number 1 is always physique,” Spendthrift’s Ned Toffey said of the Sepoy colt.  “He’s a classy, physical looking horse.  He has a great walk and looks the part.  He looks to us like a solid Australian horse and of course there was enough page there.”

Next best on the leader-board was the $800,000 Exceed and Excel – Speedy Rossa filly from Amarina Farm secured by Dan Bougoure.  “We thought she was probably one of the better fillies in the sale,” he said.  “The cross has worked well – Exceed and Excel-Testa Rossa.  We had to set our sights a little high but we bought her.”

After Day 4 of Book 1, Magic Millions reported turnover exceeded $92 million at an average price of over $170,000.  The clearance rate was a lofty 86%.

“It was just a spectacular evening tonight,” Magic Millions managing director Vin Cox Cox noted.  “What the figures show is that people that bring their top quality horses here will get the top money which we’re very happy about.

“Apart from anything else, it proves that Magic Millions can provide the biggest and best international buying bench and domestic buying bench of any sales company in Australia.”

DAY 4 TOP SELLERS

$1,200,000 – Sepoy-Sister Madly colt
Vendor: Segenhoe Stud / Buyer: Spendthrift Farm

$800,000 – Exceed And Excel-Speedy Rossa filly
Amarina Farm (As Agent) / Dan Bougoure

$775,000 – Snitzel-Starlevie colt
Berkeley Park Stud / Tom Magnier/John Warren Bloodstock/China Horse Club

$675,000 – Snitzel-Song of the Sun colt
Three Bridges Thoroughbreds / Moody Racing

$575,000 – Northern Meteor-Sophielicious colt
Attunga Stud / Tomohiro Sekiguchi

$550,000 – Northern Meteor-To Please a Lady colt
Glenlogan Park / James Harron Bloodstock / Snowden Racing