Winning Approach by Swettenham Venture

Swettenham Stud starred on Day 2 of the Melbourne Premier Sale with all 9 of its lots selling for an average of $110,778.

Swettenham owner Adam Sangster was especially pleased with his top-priced New Approach – Cape Augusta colt that made $230,000 to the bid of Sydney trainer Les Bridge.

“He’s the first yearling to go through the sale-ring from Swettenham’s Breeding and Racing Venture No. 1,” Sangster said at Oaklands on Monday afternoon.  “There were numerous hits on his x-rays and we knew a lot of good judges were on him.”

Caulfield trainer Clinton McDonald weighed in with $200,000 for Swettenham’s High Chaparral colt out of Ponte de Lima.  McDonald opened with a $150,000 bid but was forced to up the ante when that didn’t scare off the opposition.

“He’s all quality and really fits the bill,” McDonald said.  “It’s a very successful Victorian pedigree with horses like Chattanooga and Flying Spice in the family.”

Swettenham’s Breeding and Racing Venture No. 1 will also be selling an Artie Schiller – Peacock Sally colt (Lot 571) on Day 3 of the Melbourne Premier.  “He’s the only Artie Schiller yearling being sold in the southern hemisphere this year,” Sangster continued.  “We imported Peacock Sally in foal to him in April 2011.

“The New Approach colt was a rewarding start for everyone that invested in the Breeding and Racing Venture No. 1,” Sangster declared.  “And the response to Swettenham’s Venture No. 2 has been very encouraging.”

The Swettenham Stud Breeding and Racing Venture No. 2 provides small and large investors, as well as superannuation funds, with the opportunity to do it all on a budget.  Units in the SSBRV2, which will run from April 2013 through to June 2016 are available at $30,000, with no further payments required.

Contact Adam Sangster for further information on 0418 543 633

A copy of the SSBVR2 Information Memorandum can be viewed here.

– Karl Patterson