NZB Ready to Run Sale results finalised

[Wandering Eyes]

After a strong two days of trading horses virtually, final results have been accumulated for New Zealand Bloodstock’s 2021 Ready to Run Sale.

The small but quality catalogue resulted in 185 two-year-olds sell for a total turnover of $21.4 million, up more than $3 million on last year’s sale.

The average reached $115,570, while the median settled at $80,000.

Several sales have been finalised since the end of Day Two which has resulted in the overall clearance rate climb to 72 percent.

The highest priced two-year-old was sold on Day One (Lot 107), a colt by prolific sire Savabeel out of O’Reilly mare Etiquette.

The juvenile will join the Te Akau Racing stable, after David Ellis purchased him for $640,000 from Ohukia Lodge’s draft.

Ellis also secured the leading purchaser by aggregate title, buying 11 two-year-olds for a total spend of $2.05 million.

New Zealand Bloodstock’s Managing Director Andrew Seabrook was pleased with the Sale’s results in the face of a challenging environment caused by COVID-19 restrictions.

“Last year we faced the challenge of not having any international buyers on the grounds at Karaka. This year the pandemic challenged us even further, forcing us to host the Ready to Run Sale in a virtual environment, with no international buyers or horses physically present,” Seabrook said.

“We are thrilled by what we accomplished over the two days of selling, with the key sale indicators climbing substantially on 2020’s results.

“David Ellis secured 11 two-year-olds for a total spend of $2,050,000.

“This year, the market strength accelerated both domestically and internationally and we saw our user-friendly online bidding platform account for more than 51 percent of lots sold, turning over more than $9.5 million remotely.

“We are pleased to see this statistic climb year on year, as people become more confident with purchasing horses through the digital landscape.”

Sam and Hana Beatson of Riversley Park claimed the leading consignor by aggregate title for the fifth consecutive year, selling 23 two-year-olds for $4.8 million.

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