Woodside Park Stud’s Victorian Champion stallion Written Tycoon has topped Day Three of the 2019 Magic Millions Gold Coast Yearling Sale when selling an outstanding colt for $900,000.
After a furious bidding battle, with multiple parties keen to land the yearling, leading bloodstock agent James Harron and Shadwell’s Angus Gold secured the top seller of the day, with the hope he would graduate into a Magic Millions 2YO Classic and Golden Slipper winner like Capitalist before retiring to stud.
Capitalist was sold on the Gold Coast and is a son of Woodside Park’s star resident sire Written Tycoon, also another Magic Millions Yearling Sale purchase.
“He’s a really nice colt,” Harron said of Lot 624. “He’s got such a laid-back attitude. He’s very well bodied. You would have seen him walk around the ring – there’s a lot of quality about the horse. It looks like he will be early and we’re delighted to get him.”
“Like Capitalist, he looks precocious – very mature, forward and strong, so hopefully he can get up and run early as well,” Harron added.
The colt was offered by Milburn Creek, as agent, and is the third foal of the twice Adelaide stakes-winning Blevic mare Golden Penny.
James Price, General Manager at Woodside Park Stud was not surprised that it was Harron that won the bidding war for the most anticipated lot at the sale by the stallion.
“James Harron has been a big supporter of Written Tycoon and again dipped in this year. We know that he purchased Capitalist, and from what James buys, Written Tycoons are really built that way,” he said.
“They’ve got great muscle tone, great hips, great balance and depth and are really well-boned horses. As you know he gets sharp two-year-olds and this sale has built its reputation on that stock.”
Off the back of Capitalist’s brilliant two-year-old season and Group 1 wins from Music Magnate and Luna Rossa (NZ), Written Tycoon’s stud fee at Woodside Park jumped from $19,800 in 2015 to $49,500 in 2016, the year this crop of yearlings was conceived.
Price said the fact that Written Tycoon was averaging $292,000 for his 40 lots sold at the Gold Coast as compared to $279,000 for 23 lots in total last year, was attributable to the greater demand for him, which led to better quality mares.
“With the big jump in service fee, from the year that these mares were covered. It’s probably the first crop of really strong female pedigree,” Price said.
“I would suspect that the racehorses coming out of this crop will be at another level again from what we have seen from Written Tycoon. He’s getting to the later years of his stud career, but I think we are going to see the best racehorses from now on.”
Even with the jump in service fee that year – Written Tycoon now stands for $110,000 – the strong average price is a significant reward for breeders, according to Price.
“We’re tremendously excited about the returns that breeders have got from the Written Tycoon’s at this sale. We’ve had 40 yearlings sell at a clearance of 95% with an average of $292,000. It’s a tremendous reward for breeders who supported him. So, we are delighted for everyone across the board.”
Harron certainly makes no secret of his opinion of the Woodside Park stallion and agreed with Price that the best of his stock was yet to come.
“He’s a stallion that has done it the hard way. He’s built his way up from a small fee. It’s always a great sign. The mare quality comes, and the key breeders come, and they work out what they need to get that result. It’s something that keeps building and you’d expect him to keep building as well,” he said.
The previous highest lot by Written Tycoon was the $750,000 Jadeskye Racing paid for the final Lot (530) on Day 2 of the sale, while there was another purchase of $650,000 on Friday for Lot 575 by B K Racing and Breeding. There were further purchases of $660,000 (Lot 49) and $650,000 (Lot 376) earlier in the sale.
The $900,000 that Harron paid was the second most ever for a Written Tycoon yearling, who before this week had only ever sold two yearlings for over $650,000.
Both Price and Harron also credited the jump to the desirability of his colts as possible stallion prospects. Rich Enuff became the first son of Written Tycoon to have his progeny at a yearling sale this week and the early signs are positive. Winning Rupert and Capitalist’s first crop will feature at next year’s sales.
“We’ve seen the success of his son in Rich Enuff and in more seasons to come, his sons like Capitalist and Winning Rupert. That sire line is hopefully going to carry on,” Price said.
“Especially now that we have seen the colts syndicates getting together and buying. They identify Written Tycoon as a sire of sires who gets 2-year-olds. A good-looking colt by Written Tycoon, got the right attention from all the big guys from around the country and internationally.”
While it was Written Tycoon’s first son at stud, the Woodside Park stallion, Rich Enuff also provided excellent results in the ring, with his $150,000 average almost 11 times his first-year service fee of $13,750.
Rich Enuff could lay claim to Australia’s Leading First Season Sire prize after day two of the 2019 Magic Millions Yearling Sale, with a top price achieved of $300,000 for Glenlogan Park Stud’s Lot 131, a colt out of a Show Of Heart half-sister to multiple stakes-winning sprinter Mitanni, that was knocked down to Andrew Williams Bloodstock and B K Racing and Breeding.
Rich Enuff other yearlings included Lot 217 sold to international breeding and racing organisation Phoenix Thoroughbreds for $170,000, while Glenlogan Park Stud’s Lot 169, was secured for $110,000 by Edmonds Racing and 2 K Thoroughbreds.
Woodside Park Stud’s Lot 381, a bay filly out of the Redoute’s Choice mare Balsamico, from the family of Group 1 winner D’Argento and Sizzling as well as Written Tycoon’s own Group 3 winner Written Dash was knocked down for $200,000 to Ryan Balfour Racing.