The South African National yearling sale ended on a positive note when a Jet Master colt sold for R1.70 million on Sunday.
The overall turnover dropped 12% to R81.75 million while the average dipped 4% to R240 441 for the republic’s premier yearling sale conducted at the Germiston sales complex in Johannesburg.
The figures this year are a far more accurate reflection of the market’s state of being with the new vendor buy back scheme coming into play. Previous figures hid these same buy backs and grossly exaggerated the market.
The Jet Master leader is a brother to G1 winner Stratos and he was purchased by Glen Kotzen. The top priced filly was an R800,000 Black Minnaloushe half-sister to Oaks winners Arcola and Princess of Light.
Klipdrif Stud was leading vendor by aggregate with 17 yearlings sold for R7.42 million. Leading vendor by average was Drakenstein Stud with 11 yearlings going for an average of R440,909.
Form Bloodstock was the leading purchaser with 27 horses for R10.89 million ahead of Park Bloodstock and Mike Bass Racing.
Former USA sire Trippi has made a wonderful start to his career in South Africa and he led the sires list by aggregate with 20 lots sold for R10.49 million. Jet Master was next best ahead of Captain Al, Black Minnaloushe and Silvano.
Jet Master led the sires list by averages. The late, great sire sold 15 yearlings for an average of R529,667.
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