History has been made in Australian racing with a half-brother to super mare Black Caviar selling for $5 million at the Australian Easter Yearling Sale in Sydney.
The colt, 'Lot 131', was bought by bloodstock and syndication company BC3 Thoroughbreds and became the most expensive yearling ever bought in Australia or New Zealand.
"It's been a lot of hard work, we've put a team together with a wonderful group of blokes," former jockey Simon Marshall, now with BC3, said.
Expectations are high for the son of Redoute's Choice, who is out of the Helsinge – the same dam as Black Caviar.
Black Caviar has won 24 races from 24 starts including 14 at Group One level. She won the Diamond Jubilee Stakes at Ascot in England in 2012.
Bidding on the colt started at $2 million and quickly rose to $5 million before the hammer dropped. The syndicate plans to race the colt in Australia but has not yet selected a trainer.
"You don't let families like this leave Australia," BC3 Thoroughbreds' Bill Vlahos said.
BC3 Thoroughbreds also bought a Black Caviar half-sister for $2.6 million last year, which they have named Belle Couture.