Friday, January 29, 2010

WRITING IS ON THE WALL

The introduction of Written Tycoon’s progeny to the yearling sale market has met with a hearty response: selling up to $55,000 and averaging over three and half times service fee.
It’s a promising start for the flashy chestnut, who has impressed a diverse group of breeders since he retired to stud in 2007, following a Group Two victory at two and playing well with his peers at three.
Indeed, his three seasons at stud to date has seen the Iglesia stallion cover 323 mares: initially garnering support due to his ‘look and book’ conformation and, once his first foals had arrived, their ‘quality’ ensured three figure harems.
On the Gold Coast, leading agent Dean Hawthorne and top Sydney trainer David Payne paid $55,000 and $45,000 respectively for Written Tycoon colts, while in the opening session of the Perth Magic Millions, his lone offering to date fetched $35,000 from Asian clients.
Written Tycoon’s average of $30,400 – 3.7 times service fee – compares more than favourably with his first season compadres in Victoria and, in fact, is one of the best ‘strike rates’ in the nation.
Written Tycoon will sell seven yearlings in Melbourne, while a further eight will be offered in Adelaide.
And, if the Gold Coast, Sydney and Perth are anything to go by, they won’t be spending a lot of time in their boxes!

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