Page 141

This was Galileo’s 14th crop of yearlings and Coolmore’s sire is, of course, well established as the best stallion in Europe, but his yearlings have never been so valuable many more than has been the case in recent years by other people’s stallions, and of significance, by competing to buy some of the best Galileos on offer it changed the shape of the top of the market. This was Galileo’s 14th crop of yearlings and Coolmore’s sire has, of course, been well established as the best stallion in Europe for many years, and yet never before have his yearlings been so valuable. In Britain and Ireland, Galileo’s yearling average went from 470,000gns in 2016 to 738,000gns in 2017, an increase of 60 per cent, and the median price of the 23 sold went from 300,000gns to 2016 to 400,000gns in 2017, up by 33 per cent. The previous best yearling average for Galileo had been only 545,000gns back in 2014. Nine of the 12 yearlings by Galileo sold for 800,000gns or higher over the last two years were sold in 2017. A new potential buyer for an important segment of the top of the market, yearlings by Galileo, makes a big difference.

Sheikh Mohammed’s buying policy changed this year: Godolphin happy to buy stock by Galileo, while the influence of trainer John Gosden is of growing importance

Major yearling sales in domestic currency Tattersalls Book 1 and Book 2 (gns) Year Nos Aggregate Average 2015 1,053 125m 118,800 2016 979 127m 129,500 2017 962 150m 156,200 % change 2017 -1.7% 18% 20.6% BBAG September (€) Year 2015 2016 2017 % change 2017

Nos Aggregate Average 156 6.4m 43,300 187 8.4m 45,900 180 7.8m 46,600 -3% -7s% 1.5%

Arqana August and October (€) Year Nos Aggregate Average 2015 774 52.3m 67,500 2016 807 62.4m 77,300 2017 829 63.0m 75,900 % change 2017 2.7% 0.9% -1.8%

Feel the Power

If Darley/Godolphin changed its buying pattern an equally dramatic change in the European yearling market was the arrival of Vichai Srivaddhanaprabha and his King Power Racing. Srivaddhanaprabha, a Thai billionaire who was previously best-known as the owner of Leicester City Football Club, had his first important winner in the colours of King Power Racing in April 2017 when Beat The Bank, a three-year-old bought privately after winning on the All-Weather at Dundalk in February, won at Newmarket. Beat The Bank went on to win Group races at Goodwood and Newmarket and his trainer Andrew Balding won a big handicap at Haydock for King Power Racing with

Goffs Orby (€) Year 2015 2016 2017 % change 2017

Nos Aggregate Average 371 38.9m 105,000 363 39.9m 109,986 373 40.7m 109,122 2.7% 1.9% -0.7%

Goffs Premier (£) Year Nos Aggregate Average 2015 416 17.7m 42,731 2016 396 17.4m 44,078 2017 391 19.8m 50,698 % change 2017 -1.2% 13.7% 15%

www.internationalthoroughbred.net 141

Profile for Thoroughbred Publishing

ITB_Dec2017  

Stallion Review 2017, including Frankel, Mickley Stud, a wealth of stallion statistics and an interview with Elite Racing Club, owner-breede...

ITB_Dec2017  

Stallion Review 2017, including Frankel, Mickley Stud, a wealth of stallion statistics and an interview with Elite Racing Club, owner-breede...