Coolmore team buy Frankel yearling for 1.3 million guineas
Taken from European Bloodstock News, 6th October 2016:
A Frankel colt (Lot 244) became the highest-priced yearling by the young stallion to sell at Tattersalls when being knocked down for 1,300,000gns.
Bred and offered by Cheveley Park Stud, he is likely to be heading to Aidan O’Brien’s Ballydoyle Stables after being knocked down to Coolmore Stud’s M V Magnier, who was working alongside South African furniture magnate Markus Jooste. Angus Gold of Shadwell Estates proved a challenging rival, and his bid of 1,200,000gns prompted an impromptu huddle as Magnier, Jooste, Michael Tabor and Paul Shanahan discussed their next move.
Having talked the talk they walked the walk, upping the stakes, and Gold refused to go higher, despite being reminded by auctioneer John O’Kelly that he would have to ‘race against the colt’.
A tall, powerful yearling with a distinctive Frankel blaze, he bore many of the hallmarks of his sire, and his dam was pretty good, too. Peeress was a top-class racemare, winning the Gr.1 Lockinge Stakes and Gr.1 Sun Chariot Stakes, and she has produced a Listed winner in Ladyship.
Magnier said: “He’s a lovely horse and out of a very good racemare. Cheveley Park Stud’s record speaks for itself. They are very good horsemen and this one is out of a Pivotal mare. Frankel has done unbelievably well.”
Magnier’s father John took Coolmore Stud to another stratosphere after teaming up with his father-in-law Vincent O’Brien and Robert Sangster. The racing and breeding side of the business has become synonymous with the names Magnier, Michael Tabor and Derrick Smith, but further partnerships have started to flourish, notably with China Horse Club and Jooste’s Mayfair Speculators.
MV said: “You wouldn’t come across a more straightforward team of people than the Joostes. We’re lucky to have people like that with which to share horses, and if you go down to the sales in South Africa[Cape Thoroughbred Sales, in which Jooste has a business interest], it is quite amazing.”
For Cheveley Park Stud director Chris Richardson the sight of Coolmore and Shadwell vying for the right to take the colt home was recognition for Peeress, but also for the stud. He said: “It shows our breeding programme is truly international, and is a credit to the staff at the stud, who have done a fantastic job.
“It is nice to have broken our [sales-ring] record, which was 620,000gns set last year, and goes right back to 1995 when we topped the sale [then known as The Houghton] with Entrepreneur and Happy Valentine.” That pair made 600,000gns, as the late Sheikh Maktoum’s Gainsborough Stud bought Happy Valentine, and John Magnier gained Entrepreneur.
Peeress had no foal this year, but is in foal to Exceed And Excel, and likely to be retracing her steps to Frankel next year, but her fabulous sire, Cheveley Park Stud’s 23-year-old homebred Pivotal, was also in line for praise for Richardson. He said: “He’s a wonderful horse, and he’s proving a fabulous broodmare sire already – we’re lucky to have a large number of broodmares by him. Hopefully Seven Heavens [a Frankel colt bred by Cheveley Park Stud out of a Pivotal mare] can win at the weekend [he is entered in Saturday’s Gr.1 Dewhurst Stakes].”