David Chester

published: 12 Sep 2014 in Q&A

With Gerry Harvey calling in his debt Magic Millions will hold a massive unreserved sale of the holdings of Nathan Tinkler’s Patinack Farm operation.

The sale, which is said to be the largest private dispersal in Australian history, will take place on both sides of the annual Gold Coast Magic Millions Two-Year-Olds-in-Training Sale.

With the offering including some exceptional broodmares – Allez Wonder in foal to All Too Hard, for instance – four stallions and full or half relations to the likes of Makybe Diva, Commands, Serious Speed and Onemorenomore the sale will attract buyers from throughout the thoroughbred world.

That led to Stallions questioning Magic Millions sales director David Chester about sale dates, the feature attractions, the likely buying bench and other matters.

 

Q.: What dates have been sent for the sale

A.: We will be commencing the sale on Sunday, September 28, with all the broodmares and race fillies from Patinack Farm going into the ring. The reason for this is that we have so many top quality race mares and race fillies that the Sunday will give the sale a good start.  That’s why we have put that section in front of the Two-Year-Olds in Training Sale, on September 30. On Monday, September 29, at 9 a.m. we will have our breeze ups for horses that haven’t been breezed-up earlier or are breezing up again. Then at 1 p.m. on the Monday we will be selling 120 Patinack yearlings. These are yearlings Nathan was going to either keep or sell at the major sales so they are the cream of the crop. Then follows the Two-Year-Old Horses-in-Training on the Tuesday and at the end of that 80 Patinack two-year-olds, which have been broken in will be sold. Then on Wednesday, October 1, we have the sale of the racehorses from Patinack, Darley, Heinrich Bloodstock and a lot of other vendors.

 

Q.: There are some brilliant attractions amongst the Patinack broodmares

A.: There certainly are. We will be selling Group 1 winners Allez Wonder, Bel Mer, Devil Moon, Heavenly Glow, La Montagna, Linky Dink, Serious Speed and Small Minds. Other young stakes winning mares include No Evidence Needed, Olonana, Pretty Pins, Affable, Marquardt, Peron and Wonderful Lass.

 

Q.: There are also some highly related lots

A.: Once again that’s right. The yearlings include half relations to Downhill Racer, Longport, Trusting, Sookie and See The World as well as youngsters from stakes winners including Allez Wonder, Bel Mer, Belle Bizarre, Devil Moon, La Montagna, Linky Dink, Serious Speed, Sun Classique and Victory Vein. There is also an outstanding line-up of two-and-three-year-olds with quality pedigrees.

 

 

Q.: What will be the situation regarding the stallions

A.: Lope de Vega will probably be put up for tender because Nathan owns 33 per cent of the horse and the rest is owned in the northern hemisphere. The major shareholders have the first right of refusal. Monaco Consul, Murtajilll and Trusting are available for private sale. If someone makes and offer which is acceptable to Patinack and Gerry they will be sold before the sale. Otherwise they will go up for auction. There has been a lot of interest in the stallions already and I would say there is a good chance they will be sold before auction.

 

Q.: Will the properties be sold individually

A.: They will all be sold individually. We are just in the process of appointing property agents but they will be auctioned, like everything else, for unreserved sale at the end of October unless sold in the meantime.

 

Q.: Where will you be promoting the sale

A.: This sale pretty much promotes itself. There are world class horses being sold and they will appeal particularly to Hong Kong, Singapore and Korea. We have a group of 30 coming down from Korea and there are a couple of groups coming from China. We have always had a regular buying bench for the Two-Year-Olds in Training Sale but there are more people coming down from Asia than we’ve previously had.

 

Q.: Will you be making an Asian tour

A.: We are sponsoring a race in Malaysia and I will be there for that before going on to Macau, Hong Kong, Korea and to China.

 

Q.: You are obviously expecting buyers from all over Australia and New Zealand.

A.: Sure, sure. The Patinack Farm horses have had a lot success on the racetrack and that will obviously help stir up interest. Also people appreciate that it is a genuine unreserved sale with everything being sold.

 

Q.: Is MM expecting interest from England, France, Ireland and the United States

A.: Our managing director Vin Cox has recently come back from England and France and he is going to the U.S. but as I’ve said it is really a self-promoting sale.

 

Q.: The sale is adding to another successful calendar year for Magic Millions

A.: We, of course, are starting a new financial year but last year, to June 30, was the third best year on record for Magic Millions since it began in 1986. That’s impressive when you consider that the economy is not as bright as it has been  . . . it’s a pretty impressive record. Added to that our graduates, especially from the Two-Year-Olds in Training Sale, have put together an incredible record.

 

Q.: How is everything shaping up for the 2015 Gold Coast yearling sales

A.: Our bloodstock staff have been out on the road and on the back of a very strong sale last January we are receiving really  good support again. On that basis we are looking forward to a typical Magic Millions catalogue offering good types of athletic-looking yearlings, who are a chance of winning our two-year-old race in 2016. That seems to be the basis of what vendors are thinking about when they enter horses for the sale.

 

Q.: When will final selections be made

A.: We always look towards having the catalogues out just after the Melbourne Cup so final selections will be made by the end of October.

 

 

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