July 25 2014 Latest news:
Monday, June 16, 2014
A son of Frankel, the legendary unbeaten racehorse trained in Newmarket, sold for more than £1 million at auction today.
The unnamed colt is the first offspring of the former champion, trained by the late Sir Henry Cecil, to come under the hammer.
It was sold for £1,150,000 to MV Magnier in the inaugural Goffs London Sale at The Orangery, Kensington Palace this evening.
Frankel entertained his first mare at his pad on Valentine’s Day last year in a new career at stud worth an estimated £200 million.
Despite his unproven libido, breeders from across the world are still lining up to meet his £125,000 stud demands, making him the most valuable unproven commodity in breeding history.
Frankel claimed 14 consecutive victories for owner Prince Khalid Abdullah before retiring in October 2012. It earned him the title of the official best racehorse in history.
Crystal Gaze, the dam of the colt sold today, is expecting a second foal by Frankel next year and has already produced the classy sprinter Spirit Quartz, as well as Epsom Dash winner Caspian Prince.
Magnier, the son of Coolmore supremo John Magnier, said: “He has been bought for a racing partnership, and there are four different people in it.
“It’s a nice, strong colt and the lads really liked it.”
Asked where the star attraction would be trained, he said: “It’s too early to say, there’s plenty of time to think about it.”
Tweenhills Stud is owned and managed by David Redvers, who said: “It seems like an awful lot of money to pay for a horse and it’s a bit sad to see the whole package go, as the mare is a sweetheart.”
The sale was held in association with Sheikh Fahad’s Qipco Holding.
Redvers, who manages Sheikh Fahad’s Qatar Racing operation, added: “It was fantastic to bring them to London and Sheikh Fahad was very keen to support the sale.”