Montjeu strikes again at Tattersalls
A resilient Book 1 of Tattersalls' October Yearling Sale finished in
Newmarket Thursday night with an average of 121,515 guineas, down just 5 percent
on last year, while the 85,000gns median rose by 6 percent. It was Benny Andersson, of the famed 1970's band ABBA, who was spending the
"money, money,
money'" through agent Peter Doyle. The pair stepped up for
the co-sale-topping 650,000gns Montjeu (Ire) colt out of Irish highweight
juvenile filly Danaskaya (Danehill). The gray colt, cataloged as Hip No. 459, was
bred and offered by Ballylinch Stud.
"We had our
eyes on this fellow for a few days," Andersson said after outbidding
Authorized's owner Saleh Al Homaizi. "I'd love to win the Arc above all other
races, but I wouldn't mind if he won the Derby! Bidding for a horse like that
gives me a very similar feeling to being on a stage -- you are kept on your toes."
The 61-year-old Andersson, who co-composed many of ABBA's biggest hits as well
as the Broadway show Mamma Mia!, has had a hand in the business for some time.
"I bought my first horse at Doncaster in 1981 and, although I am not a horseman
as such, it's become much more than a hobby to me. I am OK on pedigrees and try
to follow what's going on in racing."
The colt, one of six in Book 1 for his
sire, is set to go into training with John Dunlop in Arundel.
This was a poignant success for Ballylinch Stud, which is situated
on the Mount Juliet estate in County Kilkenny and was owned by Irish businessman Tim
Mahony, who died in June at the age of 77. Ballylinch's Managing Director John
O'Connor has been with the stud for 20 years, overseeing the operation
responsible for such horses as 2006 Breeders' Cup Turf (G1) hero Red Rocks (Ire)
(Galileo [Ire]) and Moyglare Stud S. (Ire-G1) winner Priory Belle (Priolo).
"Tim Mahony would have enjoyed that," O'Connor said. "He set things up along certain
lines and we're continuing with that. It's well structured."
O'Connor said he
was confident he had a strong prospect on his hands.
"I think the market for the
very top horses has been strong, and I felt he fit in right at the top end of
the spectrum here. From early on, the response we were getting from the people
viewing him was extremely positive, and there were a big number of players on
this horse. He'd been well vetted by lots of interested parties -- it was a wide
spread of people. It's very satisfying to see such a good base here for a horse
like him. He wasn't part of any duel between the Maktoums and Coolmore and he
still sold well."
Coolmore's Demi O'Byrne and John Magnier spent a combined 4,448,000gns on 17
lots at Tattersalls, including 500,000gns Thursday for a Sadler's Wells colt
out of By Charter (Shirley Heights). Jamie Railton, as agent, consigned. Will Edmeades,
representing breeder Robert Barnett, was underbidder on the colt, who was a foal
share.
"We were both trying to buy out the other partner, but we're thrilled
he's going to a good home," Edmeades said. "The mare is 22 and hasn't got in
foal for the last couple of years, so she has been retired and this was her last
foal. She has done very well with the Sadler's Wells line and he was a lovely
colt."
Top jump owner Sir Robert Ogden, who has been increasing his Flat string in
the past couple of months, paid 500,000gns through agent John Warren for a Danehill Dancer colt sold by his breeder, David and Diane Nagle's Barronstown Stud.
"This was a serious young horse -- he was big, powerful and
athletic, and the mare has one of the best pedigrees that Danehill Dancer will
have covered," Warren said. "With Troy and Sadler's Wells in the bottom line,
he's a horse you would expect to stay a mile and a half, but you can never be
sure."
The colt will join Jeremy Noseda. Ogden later paid 460,000gns for a
Galileo (Ire) full brother to 2006 St Leger (Eng-G1) third The Last Drop (Ire).
Sheikh Mohammed, his brother Hamdan and their associates in Rabbah Bloodstock
bought 106 (25.8 percent) of the lots sold at Tattersalls for a total of
15,545,000gns, 31.2 percent of the week's turnover. Their top purchase Thursday
was a 500,000gns Tiger Hill out of the Watership Down Stud foundation mare
Darara (Ire) (Top Ville), for whom John Ferguson outbid Ogden.
Vendor Peter Stanley of New England
Stud commented, "Sheikh Mohammed, his family and supporters have achieved in our
market what the American and British governments have been trying and failed to
do in the financial world. We should be immensely grateful to them."
One of Ireland's greatest jockeys, Mick Kinane, tasted success as a breeder in
last year's Epsom Derby (Eng-G1) when Authorized (Montjeu [Ire]) was successful,
and the rider was at Tattersalls as a vendor Thursday. He was selling a Rock of
Gibraltar (Ire) half-sister to the classic hero, who realized 435,000gns when
selling to agent James Wigan when sold through Clare Castle Stud.
"You've got to
be happy with that, but I found it easier to ride a Derby horse than selling,"
Kinane said. "We bought the mare Funsie (Saumarez [GB]) privately and, although she had the
page, you've got to have luck as well. I own her with two other people. She
missed last year she is in foal to Galileo (Ire)."
Tattersalls chairman Edmond Mahony was understandably enthused at the close of
trading, given the sale's strong performance in the face of the dire
economic crisis.
"To say that Book 1 of the October Yearling Sale has exceeded
our expectations would be something of an understatement," he said. "With
turmoil in the financial markets throughout the world we, along with pretty well
everyone else, approached this week with a certain amount of trepidation and to
record an average and median all but matching last year's figures is a great
result for all concerned.
"It would be wrong to suggest that the bloodstock market is immune from harsh
economic realities, but at the very least, Book 1 of the 2008 October Yearling
Sale has demonstrated an enduring demand for quality horses. There have been a
number of key elements which have contributed to the success of this week's sale
starting with an outstanding catalog matched by the equally outstanding quality of the individuals. For
that, we must express enormous gratitude to our vendors. Their support of Book 1
has been rewarded, and deservedly so.
"In addition, the four Tattersalls
Timeform Millions races have struck a chord with the trainers who have been
active throughout the week and we have welcomed a truly international cast of
buyers from throughout Europe and further afield. Above all, however, we must
recognize and pay tribute to the extraordinary contribution of the big buying
battalions at all levels of the market. Without doubt there will be turbulent
times ahead as the bloodstock market adjusts in response to global economic
influences, but the major players have ensured a robust market this week which
should have a beneficial impact on Books 2 and 3 next week and the rest of the
sales season here at Tattersalls."
Book 2 begins on Monday. For catalog and outs, visit www.tattersalls.com.
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