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Monday, 17 December, 2018

Book 1 brings in record turnover for seventh consecutive year

The median and clearance rate also showed year-on-year improvements

The Tattersalls sales ring, where 392 yearlings brought turnover of 106,503,000gns
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Three days of cast iron trade in Newmarket saw Book 1 of the Tattersalls October Yearling Sale conclude on Thursday with a record aggregate of 106,503,000gns.

That figure was up by four per cent on 2017's returns, while the median price increased by two per cent to 167,500gns. The clearance rate was also notably stronger, having risen from 79 per cent to 86 per cent, with 392 of 456 offered lots finding a buyer.

However, the average was down by seven per cent to 271,690gns.


View full Book 1 results


The highlight was undoubtedly the sale-topping brother to Too Darn Hot, who became the most expensive yearling sold anywhere in the world in 2018 when he went the way of David Redvers - acting on behalf of Qatar Racing - at 3,500,000gns.

A further 13 yearlings made seven-figure prices, including the Galileo colt out of Shastye who set the tone for the three-day auction when he brought a winning bid of 3,400,000gns from MV Magnier on Tuesday.

Edmond Mahony on the Park Paddocks rostrum
After the final lot had exited the Park Paddocks ring, Tattersalls chairman Edmond Mahony said: "It's an extraordinary statistic that for seven consecutive years Book 1 of the Tattersalls October Yearling Sale has produced record turnover, climbing from just over 50 million guineas in 2011 to this year's new record of more than 105 million guineas.

"We genuinely believed that last year’s phenomenal October Book 1 would not be matched for a very long time, but yet again Europe's top thoroughbred breeders have sent us the most outstanding collection of yearlings and buyers from throughout the world have responded accordingly.

"From start to finish there has been fierce international competition for the cream of the European yearling crop top with 14 selling for one million guineas or more, an unprecedented 59 breaking the 500,000gns mark and the sale producing the world's highest-priced yearling for the seventh year in a row."


More Book 1 news: 

Magnier lands 3,400,000gns knockout blow to claim Galileo colt

Six more millionaires as Coolmore and Godolphin fuel record-breaking trade

We genuinely believed that last year’s phenomenal October Book 1 would not be matched for a very long time
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