Tuesday, January 16, 2018

Maharaj breaks sales-topper record

CHAMPION OWNER Shivam Maharaj set a new record for the purchase of a yearling, eclipsing the previous high of $170,000 paid  in 2005.

 Maharaj signed the sale ticket at $195,000, the highest price paid for any yearling since the inauguration of the Stud Farm Association’s annual Yearling Sale, which started in 1987.

On Sunday afternoon at Santa Rosa Park, Arima, he purchased Lot 55, a chestnut colt by Charismatic Cat/Go Wid D Flow, bred by Mynra Hadeed at Poon Tip Stud Farm, Santa Cruz, and consigned by the farm.

 The dam Go Wid D Glow is an unraced sister to 2003 Triple Crown winner Top Of The Class and hails from the famed dam, Crescendo.

The sale got underway around 11.45 a.m. in front of the Racehorse Trainers Association Pavilion, with Jamaican auctioneer Brian Rickman getting proceedings underway after the “outs”—yearlings pulled out the sale (34)—were called out by Arima Race Club (ARC) chief executive officer Chris Armond. 

One hundred and twenty horses (120) were catalogued to pass through the sale ring, but only 86 were left in. Very early into the sale, Lot 12 — a bay or brown daughter of Charismatic Cat/Zarkosy consigned by Poon Tip Stud Farm—fetched $105,000. This was followed later by owner Deo Maharaj signing off on Lot 23—a brown or bay son of Charismatic Cat/Blushing Bride consigned by Poon Tip Stud Farm. This colt, who is a full brother to this year’s Gleneagle and Oaks winner Always A Princess, fetched a whopping $185,000, surpassing last year’s sale topper, who was Lot 15 — Big Country/Sea Urchin.

Nearing the end of the sale Lot 115 — a chestnut colt — Maraahel/Squeezed Moment consigned by Leeclare Stud Farm fetched $130,000 with trainer Michael Carew signing off the sale ticket.

Poon Tip Stud Farm led the way among the farms with their horses attracting the most and highest bids. Out of the 86 Lots that passed through the sale ring, 68 were sold and they fetched $3,491,000, which was the second highest. The highest cumulative sale figure is $3,685,000 set in 2007. The average price was $51,338 per lot, which was lower than last year’s average price of $57,526. However, less Lots passed through the ring last year.

Again, a Guyanese contingent was present, and they bought 19 Lots, spending close to $800,000. 

The sale had very few hitches. However, the biggest complaint was the information in the catalogue which was considered misleading and inaccurate, and breeders are calling on the Stud Farm Association to correct this problem which started last year.