The first edition of the Emirates Racing Authority Online Sale, hosted by Tattersalls Online, recorded a clearance rate of 87% with 13 of the 15 lots exchanging hands, headed by the sale of lightly raced 3-year-old Daayyem for AED58,000 (US$15,793, AED1=US$0.27) to Khalifa Alneyadi.
Turnover reached AED200,900 (US$54,704), with an average price of AED15,454 (US$4,208). The median was AED10,500 (US$2,859).
Leading vendor of the day was Jebel Ali-based trainer Michael Costa, who consigned a draft four lots on behalf of Sheikh Ahmed bin Rashid Al Maktoum which all sold for an aggregate of AED138,500. The draft was highlighted by Daayyem, a son of exciting young American sire Bolt d'Oro offered with a current ERA rating of 67. The colt was a $460,000 yearling purchase by Jebel Ali Stables and Michael Costa at the 2023 Keeneland September Yearling Sale.
Also proving popular from the draft was Magsood who realized AED41,000 to Kareem Ramadan, a prominent purchaser who secured four lots in the sale. By international sire sensation Too Darn Hot, the 4-year-old gelding was a maiden winner at Beverley at 2 and carries a current ERA rating of 83 following his UAE debut at Meydan in January.
As the first online auction to be held by the Emirates Racing Authority, the sale marked a milestone for the region's racing industry and represents a significant evolution in the world of digital bloodstock trading.
At the conclusion of the sale, Tattersalls online sales manager Katherine Sheridan commented:
"Today's sale marks an important advance in the global Thoroughbred online market. We were honored to have been entrusted with staging the inaugural Emirates Racing Authority Online Sale. The initial support from vendors together with the international depth of bidders underlined the potential of this initiative. Our thanks go to the Emirates Racing Authority for their confidence in the Tattersalls Online platform and to our consignors and purchasers for their enthusiastic participation. We look forward to building on this concept in the future, broadening its reach and continuing to set the standard for innovation in our industry."
