Debbie Kepitis Secures Winx Filly for Record-Breaking Price

by TTR Aus/NZ

Drama. Emotion. History. Arguably the most highly anticipated offering ever seen at public auction delivered all that and more as the Pierro (Aus) filly out of wondermare Winx (Aus) (Street Cry {Ire}) brought a jaw-dropping AU$10-million (US$6.6-million) in front of a packed Inglis auditorium.

There had been much speculation about how much the blue-blooded, Coolmore-consigned youngster would make, and an opening bid of $2-million duly foretold an utterly unprecedented price. The bid board struggled to keep pace with the scale and speed with which the increases came in. The bidding leapt from $3-million to $5-million in one fell swoop and continued to bound upward in seven-figure increments as an offer of $6-million was superseded by a play of $7.5-million.

As proceedings reached the business end Inglis's managing director Mark Webster, taking instructions on the phone from ebullient American owner John Stewart, signalled a bid of $9-million. However, within mere seconds that hand was gazumped when the Woppitt Bloodstock team around Debbie Kepitis, one of Winx's co-owners, delivered the $10-million knockout blow.

In the weeks leading up to the sale, Stewart had been promising on X to buy the horse. “We're 100% buying the Winx filly,” he said. After the sale, he Tweeted, “I am so happy for Debbie. Well played. Lots of respect.”

“These opportunities do not come along very often,” said auctioneer Jonathan D'Arcy as he tried to coax another increase from the assembled crowd. “Once in a lifetime.” But with no further bids forthcoming, a visibly emotional Kepitis had seized the moment.

Kepitis raced Winx in partnership with Peter and Patty Tighe's Magic Bloodstock and the late Richard Treweeke. In continuing her association with the star mare by buying out her partners in the filly, Coolmore's Tom Magnier said Kepitis had helped to write “the perfect story”. Kepitis explained that she had not set out to secure the filly when the decision was made to bring her to market, but said she had a change of heart as the date with destiny neared.

“I didn't come here to buy this horse originally,” she said. “We put her up for auction and then in the last few weeks, all of the family, we started to miss our daughter, granddaughter, so we just decided as best we could, if we could get her we would. I'm privileged to be able to secure this filly on behalf of my family to be able to see if she can get to the racetrack. If she can't get to the racetrack she'll be an amazing mum.

“She's Australian forever. She's going to be just fabulous. Hopefully she'll do a Winx, but it doesn't matter if she doesn't. Thank you to everybody around the world who has taken this on board. It's been thrilling to watch it and we're lucky enough that we came out winners.”

Kepitis confirmed that Winx's trainer Chris Waller would oversee the racing career of her daughter. She also expanded on the rationale behind bringing the filly to the Inglis Australian Easter Yearling Sale, saying: “Inglis were amazing. Along with Magic Millions, they are two amazing companies that do a fabulous job of presenting horses for sale in the Australian market. The ownership group had a big decision to decide when and where to sell her. She was always going to be a little bit of a later horse so leaving her until the April sale was really the major thing in our consideration.”

 

Winx rates as arguably the greatest racehorse to grace the Australian turf. Her completely unparalleled race record features no less than 37 victories, the last 33 of which were gained in consecutive fashion. Those successes include a world record tally of 25 Group 1s and saw her career earnings exceed AU$26-million in prize-money.

She is perhaps best remembered for being the only horse in history to win four runnings of the prestigious Cox Plate, while she also claimed the Horse of The Year title on four occasions.

Unsurprisingly the filly's price totally eclipsed the sum her celebrity dam fetched when she came under the hammer, as Winx was signed for by Guy Mulcaster at 'just' AU$230,000 at the 2013 Magic Millions Gold Coast Yearling Sale.

Winx has endured a challenging start to her breeding career having lost her first foal, by I Am Invincible (Aus), in October 2020. Magnier not only heaped praise on those who helped nurse Winx back to full health, but reiterated how close the story came to ending in complete tragedy.

“It's no secret that Winx lost her first foal and she nearly died,” he said. “To be fair to Paddy Sheehan (foaling manager) and all the team at Scone Equine (Hospital) they did an unbelievable job in saving the mare. To think that we have this mare today, who's had a foal, now a yearling, by Pierro, and such a good-looking filly, the behind the scenes of what we went through to get here today, it couldn't happen without the most understanding owners. They've been so patient and so understanding and the team at the farm have done an unbelievable job.”

Reflecting on the pressure of selling such a high-profile yearling, a relieved-looking Magnier said: “I think I have a little bit of an idea about the pressure Chris might've felt in some of those races!”

He continued: “The Kepitis family grew up beside us because our farms are next to each other in the Hunter Valley so I've known Debbie since I was young. They've been so good to us and they keep their horses at Coolmore. They won the Derby last week and I thought 'God, how do we beat that?!' and then we've come here today and done this. It's really fitting that this filly is going to the Kepitis family and it's just the perfect story. That was the most important result for me today so I'm just thrilled. I just want to say thanks to Paddy Sheehan and all the staff at Coolmore. To save the mare and get the foal, it's just a dream story.”

Coolmore Australia's Tom Magnier | Coolmore Australia

When asked whether the record-breaking price matched his expectations, Magnier said: “John Stewart was in Australia a couple of weeks ago and he was very confident of getting the filly, but when you come up against Debbie you want to have will and determination! I knew she was going to make a very high figure because someone is buying history. This is like a classic and a collector's item.”

“There's only one person who deserved today and that was Debbie and Paul and the whole family. I don't think you can put a value on a filly like that, especially to someone like Debbie who really wanted this filly. We've been through so much on this journey to get here today. It's just incredible.”

The filly's price was exactly double the previous record for an Australian yearling, with BC3 Thoroughbreds giving AU$5-million for the ill-fated Redoute's Choice (Aus) half-brother to Black Caviar (Aus) (Bel Esprit {Aus}) at the 2013 Easter Sale.

Among those on hand to witness the record-breaking transaction was another of Winx's co-owners, Peter Tighe.

“It was pretty exciting for everybody, not just me!” he said. “It's good for racing, good for breeding, there's no losers here. It's something you couldn't imagine. People want something and they're prepared to pay for it. If they can afford it, then good luck to them. It's great for Debbie Kepitis and great for the ownership group who'll benefit from the sale, we're really happy.”

He continued: “Winx is pregnant again so we're keen to get a nice healthy foal at the end of the year and see where that takes us. There's no guarantees that we'll sell or keep (that foal), we'll just take it as it comes. We do it because we love the sport and we love our horses. It's a funny thing to say but we didn't come here today for the money, we came here for a purpose and I think we've achieved that with getting the horse out into the breeding world. I'm looking forward to many more years of great stories that all stem from Winx.”

Inglis's CEO Sebastian Hutch also shared the sales company's view on proceedings, saying: “It's fantastic and a real privilege for our company to have the opportunity to offer a horse of this magnitude. Obviously Winx is an iconic figure in Australian sport, not just in racing. To have had the opportunity to bring her daughter to market was fantastic. For it to play out the way it has, and to facilitate the scale of interest we've had, has been incredible.”

Winx was bred by John Camilleri under the banner of Fairway Thoroughbreds from the Listed-winning Al Akbar mare Vegas Showgirl. This makes the mighty mare a half-sister to El Divino (Aus) (Snitzel {Aus}), who did his bit to uphold family honour by dead-heating with Astern (Aus) in the Group 3 Kindergarten S.

The presence of Winx's daughter wasn't Camilleri's only involvement in the Easter Sale as he was the client behind James Harron when the agent secured day one's top lot, the Zoustar (Aus) filly out of Prompt Response (Aus), at AU$2.2-million. Sunday's session-topper held the record of most expensive yearling filly sold at Inglis for less than 24 hours.

The Winx filly becomes Pierro's most expensive yearling to date by some margin. The stallion's previous best came at last year's Easter Sale when Mick Wallace and Gandharvi signed at AU$1.75-million for the half-sister to Learning To Fly (Aus) (Justify {USA}).

Pierro, who was crowned leading first- and second-season sire during the 2016-17 and 2017-18 campaigns, stood the most recent breeding season at a fee of $82,500 (inc GST). The son of Lonhro (Aus) is the sire of six Group 1 winners.

The post Debbie Kepitis Secures Winx Filly for Record-Breaking Price appeared first on TDN | Thoroughbred Daily News | Horse Racing News, Results and Video | Thoroughbred Breeding and Auctions.

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Shock decision to sell the first foal of champion Winx

Shock decision to sell the first foal of champion Winx at Inglis next Easter

The first foal of one of Australia’s all-time great race mares, 25-time Group 1 winner Winx, will be offered at next year’s Inglis Australian Easter Yearling Sale, ensuring the world thoroughbred industry’s focus is squarely on Sydney next April.

Source

Racing Post

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James Harron Q&A: ‘Foxwedge Really Got Things Going For Me’

James Harron is one of the most respected operators of his craft internationally. Based in Australia, the native of Northern Ireland credits Gai Waterhouse, agent George Smith and Winx (Aus)'s breeder John Camilleri of Fairway Thoroughbreds as being some of the key influences in his career.

   Foxwedge (Aus) is the horse who got the ball rolling for Harron Down Under. He sourced the high-class sprinter-turned-stallion as a yearling and, from there, refined the art of making stallions on a commercial level through colt partnerships.

   It's a little under 10 years ago when Harron secured the backing of a team of investors who purchase 10 to 15 yearlings every year with a view to blooding them into stallion prospects through success on the racetrack. 'TDN Rising Star' and subsequent G1 Golden Slipper hero Capitalist (Aus) and King's Legacy (Aus) are graduates of this hugely successful system.

   Portfolio management and filly partnerships are also listed among the services he manages under the banner of James Harron Bloodstock and, as one of the slot holders in The Everest, he has won the race with Redzel (Aus) in 2017 and again this year with Giga Kick (Aus).

   Harron also manages a number broodmare bands, including Morningside Stud, who he purchased a mare on behalf of at Fasig-Tipton last week. He then sat down with Brian Sheerin at Keeneland to discuss his career in bloodstock and the benefits that come with being based in Australia for this week's Q&A.

 

Brian Sheerin: Tell us a bit about your background.

James Harron: I've worked with horses most of my life. I spent my school holidays down in Coolmore in Tipperary, rode out for a few different National Hunt trainers and eventually I went to Enniskillen College. From there, I went to Paul Shanahan and then went to Australia for a three-month stint doing the yearling sales for Coolmore at Inglis. After that, I went to Gai Waterhouse for a week's work experience and that turned into a year. That was the start of me in Australia as I just fell in love with the place.

I also spent some time with Coolmore Australia and in a sales role with Hubie de Burgh. We travelled to a lot of different countries, including extensively in Australia, so that allowed me to pick up a really good client in the Batemans who allowed me to buy them some yearlings. We struck it off with a good colt in Foxwedge and one of their foundation mares in Satin Shoes (Aus) (Flying Spur {Aus}. That really gave me a launching pad so I went out on my own. I'm coming up on 11 years trading on my own but it feels like 40 years!

 

BS: What are the main advantages to trading in Australia?

JH: It's a very exciting marketplace but it was very different 10 years ago or 12 years ago. There is a huge level of interest among the general public and racing is a part of their culture. I just felt that it was very much an untapped market and agents weren't really a big thing when I came here whereas in Europe there were so many. In Australia, the trainers were buying all of their own horses or else their owners were, so the opportunity looked good. I just enjoy the atmosphere in Australia and the way that they do business. They are very amenable to giving a young person a start. It's part of their psyche, they want to give young people an opportunity. It has come together well and we have evolved as a business in terms of where we are focussing on. One of the biggest things that I am proud of is that we have pretty much got the exact same clients with us now as we did in the beginning. That means a lot. On top of that, our key staff Anna Ryan and Stephen Heath, have been with us from the start.

 

BS: You are recognised as one of the best judges of a yearling in the business. How did you get to where you are now?

JH: I was fortunate to be around the right people and was always listening and learning. Where things really clicked into place for me was when I was working with Gai Waterhouse. She had an agent, George Smith, who has had an incredible record over the years. He was fantastic to learn from. We would go around doing all of the pre inspections for Gai and he would write all of his notes by hand. I would then type up all of his notes into the computer system so that we had it all set up for Gai. We would sit there in the evenings having a few beers and he'd ask me, 'what's my rating on this or that,' and it really sunk in. He was amazing with his time and that was the time when things started coming together for me and dots began to get connected. You never stop learning and listening from the trainers to get feedback on all of the horses and try to refine it. The minute you think you are getting better at this job, you have a bad year–that's the game.

 

BS: It's one thing to have practical knowledge and another to make the shrewd business moves, which you have clearly done. Who was it that influenced you on that side of things?

JH: I have always enjoyed the business side of things. I have some great people around me, including clients of the agency, who are great people to learn from and I am able to bounce different things off them. Without singling too many people out, but John Camilleri has been a fantastic friend and mentor. It's a matter of identifying where you want to be in this industry and acknowledging what your strengths are within it. Most importantly, you need to know what people want out of your business and that was the biggest thing we wanted to identify. We tried to make it sensible for people to race horses and to give them an opportunity not to be just paying out bills but to put some form of a structure in place so that people could race horses in a somewhat commercially viable way.

 

BS: And what are the services that you provide and how have you developed your business in Australia?

JH: From an early stage, we wanted to work with the trainers and manage the horses on behalf of the owners throughout the whole process. We identified who we believed to be the best breakers, pre-trainers, spelling farms and we also have our own vet, Johnny Walker, who does all of our own inspections on a fortnightly basis and reports back to us as an independent. We are managing a tiny percentage of the horses a trainer would have in their stable so we can give it that little bit more attention and focus. We also work on the programming and have a form expert, Mark Shean, who works closely with us and he helps us with our placement in New South Wales. We have Deane Lester in Victoria as well. They are integral parts of the team. We just try our best to dot the is and cross the ts and get as much good data together [as possible]. The people who we work with, they really welcome the feedback and we work together to make plans and it's enjoyable. The owners are part of the whole process and fully understand where they are going. Plans don't always work out but it's nice to have some system in place.

 

BS: But when it does work out, especially when you make stallions like Capitalist and King's Legacy, that must give you huge pleasure.

JH: We were fortunate to have Foxwedge (Aus) early on. He won the G1 William Reid S. and was by Fastnet Rock (Aus). He became a high profile commodity and was sold to Henry Field and stood at Newgate Farm. That was their first ever stallion. From there, we bought more colts and found Australian Guineas winner Wandjina (Aus). I always had the idea of putting together a group of people to pool their resources together and try to buy more horses and give ourselves more opportunity to produce these colts to go to stud. What was really astonishing to me was how competitive it is to buy these stallions.

We felt like we wanted to be selling into that market more and more. A lot of our people are breeders so the idea would be to pick up a number of colts to race and try and get them to a high level. Then you can sell down equity to stud farms and also keep equity so they are a part of that process. Within that partnership group, Capitalist came along and it has been a wonderful story. They have continued to support him and he is a success on the track and in the sales ring. That's really the model.

We try to pick up between 10 and 15 colts per year and then produce a stallion prospect. The ones who aren't getting to that level can be traded to Hong Kong, which we have done every year and that has become quite helpful. We've had some nice horses go to race there. We have a very healthy domestic market with provincial and country racing and the ones who don't make stallions or don't have high enough ratings to be sold to Hong Kong can go on and have fruitful careers in Australia. It's pretty much about having a system that can identify the big horse who can make the step up.

 

BS: Physically, what are the main things you are looking for in a yearling?

JH: The big question we try to ask ourselves before we bid on a horse is, if he is successful on the track, would we want to send our best mares to that horse. That sounds a bit obvious but you need to know if he is by the right sire, has he got the right physique or is he from a good enough family. Sometimes you can become sidetracked by a really nice type who isn't by the right sire or doesn't have a good family and it's important to have a product that, if it is successful, we can fully get behind. You can see that by the stallions we have produced, the owners really get behind them and they get commercial books. King's Legacy for example, he covered the highest number of any first-season sire in his first year at stud. From a physical point of view, we are very much looking for a precocious type of horse. We look for one who can run as a 2-year-old and do everything that makes an Australian sire in terms of precocity, strength and robustness.

 

BS: Would you attribute Foxwedge for launching your career?

JH: He really got it going for me and came at a pivotal point, for sure. We used that as a springboard and there have been other pivotal moments along the way but he certainly was the first. Getting Capitalist in the first year of the colt partnership was also very important. They all mean something but those two were pivotal.

 

BS: And is there a particular moment that means the most to you? Was it a race or perhaps a particular deal that stands out?

JH: I was probably at a stage in life when I could really appreciate how significant Capitalist was when he came along. Winning a Golden Slipper, I mean it's the race you dream about and it's all you think about when you are looking at yearlings. When I'm looking at horses at the sales, I try to envisage a horse walking around the paddock ahead of the Golden Slipper.

 

BS: It must be quite rewarding to be seeing him do so well as a stallion.

JH: It is and all the owners follow his progeny no matter where they are running. It doesn't matter how big or small the race is, they are always cheering them home. We look forward to seeing the progeny of horses we have been attached to and try to pick some of them up and try to get them to the same level of their sires. It's a great part of the journey. It's a long and slow burn but, once it starts rolling, it's fantastic.

 

BS: And what are you doing here in Keeneland this week?

JH: We haven't been over here in Keeneland for a long time and only picked up a few here and there over the past few years through various different agents. The opportunity arose to come over this year and we've picked up a few mares. We got two mares at Fasig-Tipton; one will have a foal here and the other is empty. After that, they will travel to England and be covered by Frankel (GB) before coming home to Australia. We have broodmare partnerships, which is what the mare we bought in foal is for, and that consists of a handful of people from our colt syndicates as well. They can use their equity and play around with it that way. The other filly was bought on behalf of Morningside Stud. They have a beautiful band of broodmares.

 

BS: Do you see yourself doing more business internationally?

JH: To be honest, our big focus is Australia and we want it to remain that way. We are fortunate to have good relationships with different people around the world who we can work through and combine with if we need to. I do love the American broodmares for Australia and I think this is potentially going to be a sale that I will keep coming back to. It will be more sporadic than it being planned attending sales internationally. It will be more for when the opportunity arises. We have an amazing industry in Australia and it's a very exciting place to be.

 

BS: What makes Australia such a vibrant place to be based and what could we take out of the industry over there with a view towards European racing?

JH: There is a real mainstream interest in racing in Australia and it permeates through to every level. From the pubs with the TAB machines where they have the racing on, people have grown up with that and their parents or family members have taken a part-share in a horse. The culture is there. The fundamentals have been put in place with the rebate and gambling wagers coming back into prize-money. The administrators are very passionate and push hard. They have made some incredible additions to the racing calendar, most notably The Everest. The amount of people who told me that this year's Everest was their best day on a racetrack, I couldn't believe it. I was talking to some owners who have had 20 Group 1 winners but they said that The Everest was one of the most meaningful days that they have had racing. From the minute you walked in, the atmosphere and the amount of young people there, everything just came together. What that has done is brought in a new and younger demographic. They view The Everest as a cool new race and you just bump into every type, the butcher or the hairdresser, and all they want to talk about is The Everest.

 

BS: Is it just the prize-money that has captured the imagination for the race or is it the trading and the slots that goes with it?

JH: I think it's multi-faceted. The prize-money has pricked everybody's ears. That is probably the most significant part because I am not sure if many people under the age of 35 would understand exactly how the slots for the race works. I have to say, the media did a great job and they were calling you about it every day to see what was happening. There was just this share of information which goes on for 10 months and that helps to promote it.

 

BS: Especially when you leave it late.

JH: Yeah, I know! For different people with different interests, there are many attractions to the race and it's multi-faceted. People in the industry love the dealing side of the race while the young people love the day itself. There is no other day like it. It was just unbelievable.

The post James Harron Q&A: ‘Foxwedge Really Got Things Going For Me’ appeared first on TDN | Thoroughbred Daily News | Horse Racing News, Results and Video | Thoroughbred Breeding and Auctions.

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King’s Stand Winner Nature Strip Won’t bid for Royal Ascot Double

Nature Strip (Aus) (Nicconi {Aus}), a brilliant winner of Tuesday's King's Stand S. at Royal Ascot, will not bid to double up in the Platinum Jubilee S. on Saturday.

Trained by Chris Waller, Nature Strip slammed his King's Stand S. rivals by over four lengths and, despite pulling out of the race in rude health, will not bid to emulate the great Choisir (Aus), who was the last Australian-trained horse to complete the King's Stand and Platinum Jubilee double in 2003.

Nature Strip's managing owner Rod Lyons told Racing.com, “No [he won't run]. I think there was a fair bit of pressure on the boss to get him to run, but he said he's done his job, let's get him quarantined, get him home and get him ready for The Everest.”

Waller will be represented in the Platinum Jubilee instead by Home Affairs (Aus) (I Am Invincible {Aus}), and the legendary trainer described himself as proud of Nature Strip on Wednesday.

He Tweeted, “Our king Nature Strip has pulled up a treat and we are so proud of him. He's certainly made us very proud. It was a memorable moment for everybody.”

The post King’s Stand Winner Nature Strip Won’t bid for Royal Ascot Double appeared first on TDN | Thoroughbred Daily News | Horse Racing News, Results and Video | Thoroughbred Breeding and Auctions.

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