This year’s Karaka Sales have been a roller-coaster in terms of prices and consequent value for money.
Day One featured some 25% of lots being passed in; many had acceptable pedigrees, good X-rays and impressive physiques.
An example is Lot 143, a bay colt by Vadamos out of the Zabeel mare Stanica. He’s one of his Group 1 winning sire’s second New Zealand crop and his dam is a Group 1 placed daughter of Zabeel from a strong American family. Stanica has already left five winners including the Group 3 winning Pins gelding Rhythm To Spare (11 wins, A$812,000).
The colt walks well and appears to have an excellent attitude. He is slightly offset in one knee but his X-rays are clear.
To date our racing partnership has invested in eleven yearlings with a total cost of $162,000 over the last ten years. Three are either still racing or are about to do so but our purchases have generated over $1,000,000 so far.
We generally buy a minority share (10 to 20%) in our selected yearlings; spreading the risk has much to recommend it. Chris Gibbs has purchased this colt for $25,000 – excellent value, in my opinion. If you’re interested in being part of Cloughmore Racing, check out this yearling on www.nzb.co.nz then get in touch with me at jeffreys@inspire.net.nz or 0210455855