Henny Hughes colt tops fifth session of Gold Coast sale

The Magic Millions Gold Coast Yearling Sale

continued to yield positive returns during Sunday's fifth session in Queensland.

Leading the action was Lot No. 713, a colt by Henny Hughes

offered by Vinery Stud, acting as agent. The chestnut, who was secured

for A$210,000 by BC3 Thoroughbreds, is the fourth offspring

produced by 11-year-old Denia (Thunder Gulch).

Second highest-priced colt of the

session with a A$200,000 final bid from Peter Caporn was Lot 743, a son of Not a

Single Doubt out of Group Certificate (Honour and Glory). Offered by

Darlington Stud, the bay is a half-brother to this season's stakes-placed Internal Revenue (Exceed and

Excel).

Not a Single Doubt was also responsible for the top-priced

filly of the session, Lot 760, a member of the Cressfield consignment. The first

foal out Group 3-placed stakes winner Karalee (O'Reilley),

the bay realized a A$150,000 final bid from Griffiths Training Party LTD.

Final

figures for the session showed the gross climb to A$7,358,000 from A$6,719,000 in

2010, as well as an increase in average from A$42,258 to A$46,866 this term.

The median also rose, from A$35,000 to A$40,000.

The sixth session of the Yearling

Sale continues Wednesday, though a draft totaling 31 racing prospects from the Lloyd Williams stable will be up

for grabs -- without reserve -- at the Magic Millions Gold Coast complex on

Tuesday.

"None will be coming home," Williams' son Nick confirmed. "The value of each lot

will be determined by the bidders and that will be the sale price for each of

them."

According to Williams, the majority of the stock were purchased for

between A$200,000 and A$400,000 as yearlings, including the most expensive

yearling purchase by Williams -- the four-year-old Ingleby (Redoute's Choice) who cost A$850,000. The racing prospect is out of

Group 1 winner Hill of Grace (Zabeel).

In the past, Williams sold a

slew of top-shelf performers, including Subcribe (Zabeel), who

following a name change to Vengeance of Rain, became a champion in Hong Kong and

earner of more than $HK75 million.

"Any syndicate of owners could buy a horse ready

to race without the high costs associated with the breaking in, training and

other expenses with a yearling purchase," Williams said. "There is something for

everyone who wants to have a racehorse competing within weeks."

All horses in the racehorse sale will be

available for inspection at the Magic Millions complex on Monday and

Tuesday prior to the start of the sale.

For complete results of Sunday's session, visit

www.magicmillions.com.au.