Mornington trainer Mark Riley has announced the sale of Group 2-placed colt Stralia (Stratum – Duchess Cara, by Quest For Fame) to Hong Kong interests for a reported seven-figure sum.
Stralia demanded attention with his two smart wins at Flemington during the winter months before returning to produce a mighty performance when second to the Golden Slipper runner-up Snitzerland (Snitzerland – Monte Rosa, by Fraar) in last Saturday’s Group2 Danehill Stakes (1200m).
Riley told the colt would not run in the Group 1 Caulfield Guineas with his new owners wanting to race him in Hong Kong as soon as possible.
At the end of the day it was just too much money to knock back. It was a lot of money, an awful lot,” Riley said.
Riley’s journey with Stralia started when he bought the colt for $140,000 at the 2011 Adelaide Magic Millions Yearling Sale despite not intending to buy on spec at the sale.
The flat global economy left Riley unable to fully dispose of shares in the talented galloper but the Hong Kong deal has earned the trainer a substantial windfall.
“All I could sell was 25 percent of him and I got left with the rest. At least it shows you can have a big pay day if you trust in your own ability to get the job done,” Riley said.