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Saturday, 19 January, 2019

Full house for Mariga after Tocororo brings a cool €100,000

Aisling Crowe wraps up the December NH Sale figures

Tocororo in the Goffs ring before fetching €100,000 from Kieran Mariga
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On a vigorous day of trading at Goffs that saw impressive growth across the board, Cork farmer and breeder Kieran Mariga added to his broodmare band when buying Tocororo for €100,000, the most expensive horse sold over the two days of the December National Hunt Sale.

Just as 12 months ago, Mariga’s attention was caught by a mare from the draft of Gigginstown House Stud and, as was also the case last year when he picked up Petite Parisienne, he went to six figures to secure his prize.

Mariga bought Tocororo, a five-year-old daughter of leading sire Teofilo in foal to the in-demand Coolmore National Hunt sire Walk In The Park. Most recently trained by Gordon Elliott, Tocororo won four times in her career including the Grade 3 Ballybrit Novice Chase.

“That’s it for me, I have 11 stables at home and they are all full now,” said Mariga after he signed the docket. “She is a classy-looking mare who has won good black-type, Walk In The Park is a sire I really like and that was another reason I was interested in Tocororo.”

On this day last year Mariga had to pay €30,000 more for Grade 1 winner Petite Parisienne who was carrying her first foal. That Shantou filly failed to reach her reserve when offered by Mariga’s Coolmara Stables on Tuesday but the buyer and vendor remained positive.

“I woke up this morning and, to be honest, I was happy she was still in the yard. We could come back with her for the store sales but right now I am more inclined to keep her and race her myself. Coole Spirit, a daughter of Saint Des Saints, that I bought from France is in training with Henry De Bromhead and due to have her first run over Christmas so we are really excited about that. I just bought fillies because I want to breed from them and we are due seven foals from March onwards,” he said.

Tocororo was part of a quartet of mares offered by Gigginstown House Stud at Goffs on Thursday. Yvonne Kiely bought Theatre Wine, a winning daughter of King’s Theatre out of a Listed-placed Beneficial mare for €22,000.

Monbeg Rose, herself a daughter of Beneficial, went the way of Borris House for €21,000 while Brian Mehigan picked up the grey Lettre De Cachet, a Grade 2-placed Authorized mare for €19,000.

The only other mare to change hands was Suspended, an unraced daughter of Flemensfirth in foal to Cloudings. She was sold by Joseph Fitzgerald to Clourouge Beg Stud for €1,200.

Both the median and average figures for Thursday showed marginal declines from those achieved on the second day of the 2016 sale. The median dropped by six points from €8,500 to €8,000 while the average was down by just one percent to €12,320. However the strength of the foal trade helped the aggregate improve 14 per cent to €2,045,100.

Turnover of €4,034,050 showed a staggering leap of 30 per cent from last year’s figure of €3,092,650 for the foal sale. The average improved by 12 per cent to €12,262. A more modest increase of four per cent was achieved by the median, which was €8,500 while the clearance rate for the foals grew to 71 per cent.

“The last two days has welcomed a huge crowd of buyers from home and increased numbers from the UK leading to a vibrant trade topped by only the second ever six-figure NH mare sold at Goffs and the beautifully bred colt foal at €72,000, himself the third highest priced NH foal we have sold,” commented Henry Beeby, Goffs’ group chief executive.

“Of course the catalogue is dominated by NH foals and the category has made more serious ground with advances in clearance, average and median whilst probably the most telling statistic is that the number of foals to make €25,000 or over leapt from 26 last year (in what was a good trade in its own right) to 44 over the last two days.”

Overall the sale recorded statistically significant improvements in all the main categories, with the two percent drop in median price from €8,200 to €8,000 the only blip.

Turnover for the entire sale grew by 18 per cent to €4,280,850 from the 2016 aggregate of €3,638,150 which itself was an increase of 12 points on the 2015 figure. The average was up by four per cent to €12,162.

That trend for growth has been a consistent one for the sale since the 2010 renewal of the December National Hunt sale, Beeby added.

“The December National Hunt Sale is one of the many success stories for Goffs in recent years and has grown by a staggering 700 percent in this decade alone, clearly demonstrating that it sits at the top table for the category.”

View full sale results


That’s it for me, I have 11 stables at home and they are all full now

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