Record-breaking figures for FBAA

Record-breaking returns at the Magic Millions were reflected in figures posted by The Federation of Bloodstock Agents Australia last week.

FBAA members spent over $7.65 million for clients in an exciting start to the sales season.  That more than doubled their 2015 turnover of $3.16 million.

Boomer Bloodstock’s Craig Rounsefell kicked off proceedings when paying $105,000 for Lot 1, a Foxwedge filly on behalf of Matt Cumani.  They combined for four fillies to start stocking the rookie trainer’s new stable at Ballarat.

The Brisbane based agent bought another four fillies for various clients topped by a $450,000 Fastnet Rock from G1 Saratoga Spinaway Stakes winner Mani Bhavan.

Capitalist’s victory in the Magic Millions 2YO Classic was a satisfying result for Rounsefell.  He purchased the colt’s dam Kitalpha (NZ) for Daandine Stud’s Jan Clark at the 2012 Magic Millions National Broodmare Sale.

Belmont Bloodstock’s Damon Gabbedy (9 lots), Blue Sky’s Julian Blaxland (7 lots) and DGR Thoroughbred Services (6 lots) were busiest among the 9 FBAA members who signed sales sheets for 42 yearlings on the Gold Coast.

Gabbedy purchased three lots in conjunction with Vinery Stud for a total outlay in excess of $1 million.  Top of the dial was a Snitzel colt from G1 Myer Classic winner Hurtle Myrtle for $360,000.

Blaxland spent the same amount for a Not A Single Doubt sister to Moonee Valley Stakes winner Cruden Bay from Yarraman Park.  He also weighed in with $200,000 for Yarraman’s I Am Invincible half-brother to Caulfield Group 2 winner Meliora.

DGR’s Duncan Ramage also targeted a Snitzel for $250,000.  The filly from Exceedingly Happy had been pin-hooked by Musk Creek for $110,000 at the 2015 Inglis Easter Foal Sale.

Sheamus Mills topped the FBAA leaderboard with a $500,000 Sebring filly for Yu Long Investments.  She is the second foal of LR Redelva Stakes winner Hooness.

Mills and his clients also showed a profit with their pin-hooks at the Magic Millions.  Four foals bought last year for $455,000 increased in value to $1.04 million during Book 1.

L-R: Craig Rounsefell, Lynn Hancock, Matt Cumani and Burnewang North’s Cathy Hains with the Denman filly from Albaicin

L-R: Craig Rounsefell, Lynn Hancock, Matt Cumani and Burnewang North’s Cathy Hains with the Denman filly from Albaicin