GLENLOGAN SIRES SALE SUCCESS!
Glenlogan Park’s sires were in extremely hot demand at the Magic Millions Sales over the last few days – with records tumbling for all stallions.
“It was nothing short of a tremendous sale for our farm,” Glenlogan’s Principal Jon Haseler said at the close of the first four sessions. “There was unprecedented interstate interest in yearlings by all of our stallions and a real willingness by buyers to dig deep into their pockets to ensure they secured them.
“We are obviously very proud of the record our sires have built up in recent years on the racetracks and, as indicated by the sales results, there is no doubt they are now having an ever increasing impact nationwide.
“During these sales we presented the highest priced Show A Heart yearling filly ever sold at auction ($320,000 to Gai Waterhouse), the highest priced Jet Spur filly ever sold ($200,000 to Trevor Andrews of Western Australia), the highest priced Falvelon colt ever sold ($230,000 to Lloyd Kenniwell of South Australia), in addition to selling our first ever Real Saga yearling ($150,000 to Tim Martin) amongst a host of other terrific results that included a sale of $270,000 for a Show A Heart filly that is now headed to Melbourne.
“Across the board the feedback we received from trainers and buyers has certainly given us great heart looking forward to the future and it is something our clients can also feel very confident about.
“From our own draft, with 10 progeny from stallions standing at Glenlogan Park, we averaged just a tick under $168,000 for them – an outstanding statistic when their original service fees are taken into account.”
Not surprisingly, Glenlogan Park’s sires were amongst some of the very best return on investment stallions in the sale with Qld’s reigning Champion 2YO Sire, Jet Spur, averaging $107,500 off a $15,000 service fee and the state’s Champion Stallion, Show A Heart, rounding off an exceptional sale by averaging $118,958 (off a $30,000 fee) from his 12 yearlings knocked down.