With a return of just under $1 million for the four mares that went through the ring at the Magic Millions National Broodmare Sale, Bennett Racing has again proved that the residual value of race fillies cannot be underestimated.
Group 3-winning mare Zou Dancer (Zoustar x Investigates) was the highlight of Bennett Racing’s consignment, which were all sold by Newgate Farm.
Having been bought for $150,000 at the 2019 Magic Millions Gold Coast Yearling Sale, Zou Dancer was sold for precisely four times that figure on the opening day of the broodmare sale, giving her owners an outstanding return on their initial investment – particularly as she earned $230,000 on the racetrack.
The highlight of her racing career came at Flemington last February, when she demolished a smart field of fillies – which included subsequent Group 1 Kennedy Oaks winner Personal – in the Vanity Stakes.
Whilst she may have struggled to reach those same heights again, that five-length victory and her pedigree page suggested she would be a very popular proposition as a broodmare, and so it proved with a price tag of $600,000.
“I’m obviously delighted with the results,” said Bennett.
“We had fairly high hopes because the interest in Zou Dancer had been strong, but we were pretty excited to see her sell for that sort of money.
“It gives the owners a very nice return on their investment, hopefully they put it towards a share or two in some of our other horses and it should also help us attract new customers when they see what they could potentially make for a filly at the end of her racing career.
“Part of our business model is to buy fillies with a view to selling them on as broodmares, and this year in particular I think we’ve found some super value at the sales. We bought the three-quarter sister to the highest-selling lot at the weanling sale. They’re both by Zoustar, we picked up our filly at the Inglis Easter Sale for $160,000 and the weanling went for $750,000 last week, so whilst there are no guarantees in racing it’s a very good sign moving forward.”
The next highest seller at the broodmare sale for Bennett Racing was their city winner Royal Obsession (Written Tycoon x Royal Season), who handsomely repaid her owners when she was sold for $230,000 to Yulong, with Mr Zhang and Sam Fairgray identifying Tagaloa as her ideal match.
Eureka Farm will send Bennett Racing’s mare La Croft (Foxwedge x Croft) to their first-season sire Jonkers after paying $90,000 for her, whilst Hot In Paris (Sizzling x Paris Blu) went for $30,000 in a private sale.