Maktoum family steps up Book 1 spending
Sheikh Hamdan Al Maktoum: bought 16 lots during Book 1
PICTURE: Edward Whitaker (racingpost.com/photos) Maktoum family steps up Tattersalls Book 1 buying
By Martin Stevens 12:34PM 8 OCT 2016
MAKTOUM family expenditure accounted for at least 28 per cent of the 88,038,000gns turned over at Book 1 of the Tattersalls October Yearling Sale this week.
The actual figure is likely to be considerably higher as it excludes purchases made by Postponed's owner Sheikh Mohammed Obaid Al Maktoum, who acted through trainer Roger Varian.
Neither does the 24,443,000gns spent by Godolphin chief executive John Ferguson, Hamdan Al Maktoum's Shadwell and Maktoum family associates Rabbah Bloodstock take into account how they drove top prices as underbidders on yearlings they did not win.
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Ferguson did not sign for any yearlings in his own name at the Arqana August Yearling Sale and a ‘pruning' of Godolphin numbers through a sale of stock at auction this year had made vendors sweat before Book 1.
But Ferguson upped his 2016 outlay by two-thirds year-on-year, to 13,910,000gns from 8,400,000gns. He signed for 26 lots in total, three more than last year.
Some 8,950,000gns of Ferguson's expenditure – 64 per cent – was on stock by Godolphin's flagship sire Dubawi, including three who cost seven figures.
Sheikh Hamdan also increased his spend at Book 1 – by 62 per cent from 2015, even though only one more lot was bought.
His determination to have the best horses carry his blue and white silks was particularly evident, as he exceeded the 1,000,000gns mark for two lots – the Dubawi colt out of Zee Zee Top for 2,600,000gns and the Frankel colt out of Attraction for 1,600,000gns – having gone to seven figures at Tattersalls' premier yearling auction only twice before in the new millennium, in 2013 for a 1,100,000gns Oasis Dream brother to Arcano and in 2002 when paying the same sum for a Sadler's Wells filly out of Dazzling Park.
Rabbah Bloodstock, which uncovered 2,000 Guineas hero Night Of Thunder for just 32,000gns at Book 1 in 2012, also increased its Book 1 spend by 29 per cent to 1,578,000gns with four more signed for than last year.
Book 1 finished on Thursday with record turnover but small decreases in average and median prices.
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