Ellis spends $6.42m to dominate Karaka buying bench

AIDAN RODLEY
Last updated 08:40 29/01/2014

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A wag yesterday suggested that New Zealand Bloodstock ought to insure David Ellis, such was his impact on the Karaka premier yearling sales.

Ellis spent $6.42 million on 35 yearlings at the two-day premier session and promised to be back in action in the select sale which begins today.

It was an incredible show of loyalty to New Zealand breeders and auctioneers New Zealand Bloodstock and faith in the New Zealand-bred racehorse.

"I've bought 35 horses. It's been a great two days," Ellis said.

"I bought 26 on the first day but the market has really heated up today and that's made yesterday look fantastic buying. Now we've got the enormous job in front of us of finding owners for all these horses. But I just don't think you can describe how you feel that you come to a sale like this and come away with the ones you want.

"I've got huge faith in New Zealand racing and the breeding industry. I keep coming back here because I feel like part of the family here. I've had huge success buying out of this ring. I've bought some really top horses that has seen us win a lot of premierships, that have seen us train something like 15 stakes winners a year.

"One of the reasons I like coming here is that it's a great set up. A lot of the major studs support our stable and I want to support them. This is a company I really believe in and that's one the reasons I buy almost exclusively here.

"Last year I was at a bit of a disadvantage [with the exchange rate] but this year the Australian buyers don't have the huge advantage they've had in the past. It's made more of a level playing field. But having said that, there's been plenty of competition on the good horses."

Ellis yesterday went to $700,000 to secure the second-day highest price for a Fastnet Rock-Beyond The Sunset colt out of the draft of Cambridge's Pencarrow Stud.

"Isn't he a beautiful colt? All my team rated him on top," Ellis said.

"He's one of the most stunning horses that you'd see at any sale in the world. We were at Europe at the yearling sales this year but you wouldn't see a better colt, a more athletic yearling. I've bought two out of the mare already and they've been stakes winners and this is a better athlete than those two. We're just thrilled to get a colt of his quality for $700,000.

"It doesn't matter how the market is, people will come out of the woodwork for colts of his quality. You think you might value a horse a bit conservatively but on the really good athletes, they come out of the woodwork for them."

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Ellis said the colt would be one of four colts syndicated among stable clients to be raced as a package, joining the Savabeel-Splashing Out colt he bought for $500,000 out of the draft of Waikato Stud yesterday and the Fastnet Rock-Randaroo colt he paid $680,000 for on Monday, along with one other colt he would select from his earlier purchases.

- Waikato

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