Tattersall’s Tiara: A Goldmine for Pre-Race Shoppers
The Rise of Valuable Racehorses
The 2022 edition of the prestigious Tattersall’s Tiara in Australia will be remembered as a prime example of the lucrative opportunities available to savvy pre-race shoppers. The Group 1 race was won by Palaisipan, who had been the subject of a private deal to purchase the daughter of So You Think just days before the event.
“While the purchase price was not disclosed, it is safe to assume the deal was struck at a significant discount compared to what Palaisipan’s value would have been after her emphatic $700,000 Group 1 victory.”
This exemplifies the goldmine the Tattersall’s Tiara has become for those able to identify and acquire talented racehorses before their biggest triumphs.
Continuing the Trend
The trend continued in the editions that followed, with Startantes (2021 winner) selling for $1.15 million at this year’s Chairman’s Sale, and 2021 champion Tofane fetching a whopping $3.1 million at the 2022 National Broodmare Sale. Other seven-figure earners after Tattersall’s Tiara wins include Srikandi ($2 million) and Invincibella ($1.3 million).
A New Contender
This year’s Tattersall’s Tiara has drawn the attention of shrewd buyers once again, with Coolmore’s Tom Magnier hoping to replicate the success of last year’s winner Palaisipan. Magnier purchased the daughter of Zoustar, C’est Magique, for $1.7 million at the 2023 Chairman’s Sale. The four-year-old mare, bred and initially raced by Hall of Fame trainer Neville Begg, won the Group 2 Dane Ripper Stakes in her first start for champion trainer Chris Waller, solidifying her credentials ahead of this Saturday’s feature race at Eagle Farm.
As Waller’s racing manager Charlie Duckworth noted, “It’s the reason these horses can go through sales with big prices, because you can go back to the races and recoup some of your money.” The combination of C’est Magique’s proven ability, pedigree, and imminent Tattersall’s Tiara tilt has made her a valuable proposition for her new connections.
Conclusion
The Tattersall’s Tiara has undoubtedly become a goldmine for savvy pre-race shoppers, with horses like Palaisipan, Startantes, and Tofane demonstrating the significant financial rewards that can be reaped by identifying and acquiring talented racehorses before their biggest victories. As the 2023 edition of the race approaches, all eyes will be on C’est Magique and other high-profile contenders to see if the trend continues.
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