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Fastnet Rock colt tops Magic Millions session

Leading young sire Fastnet Rock, whose daughter Driefontein prevailed in the A$2 million Magic Millions Classic, proved popular once more during Saturday's session of the Gold Coast Yearling Sale. Offered by Coolmore Stud as agent, Lot No. 637, a son of Freckled Face (Polish Patriot) topped the day's trade at A$370,000. He will join the stable of Bevan Laming, who trained his Group 3-winning half-brother Face Value (Red Ransom).

"He's a nice strong colt who is very athletic and looks a great prospect," Laming said. "Obviously, I had a lot of success with his half brother Face Value, and this bloke is a bit bigger. He's probably not the style of horse for the 2YO Classic next year, but he could make a later two-year-old."

Through the first four sessions, the sale has grossed A$62.57 million. The clearance rate is 84 percent thus far. Both the average and median -- A$127,175 and A$100,000, respectively -- have posted increases from last year's auction.

"We're thrilled with the figures for the sale," Magic Millions Managing Director Vin Cox reported. "The story of the sale is the clearance and the median price. The clearance rate is outstanding, and this will grow over the next day or so. And the average price has increased on last year's figures, so all in all we're very happy. Demand on the quality lots was strong and many vendors returned some positive results."

Prior to Saturday's session, a fundraiser for the Kristy Banks Appeal resulted in A$29,000 for the cause. Banks sustained serious injuries to her spine in a fall at Toowoomba two weeks ago.

The sale continues Sunday. Magic Millions will also reoffer Lots 137, 300, 347 and 506 without reserve. For catalogs and complete results, visit www.magicmillions.com.au.


 


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