Well Bred Colt Completes Colt Syndicate

The Informant reports:

Te Akau Racing principal David Ellis completed his annual syndicate of elite Karaka colts on Tuesday afternoon with a $775,000 colt by Savabeel out of the Group One winner Suavito.

Offered by Waikato Stud as Lot 445, the colt was the first foal out of the Thorn Park mare. Waikato Stud purchased her at the completion of her racing career, which featured eight wins and more than A$1.3 million in prize-money headed by the Gr. 1 Futurity Stakes and CF Orr Stakes and the Gr. 2 Matriarch Stakes and Blamey Stakes.

Ellis fought off underbidder Aquis Farm to secure the Suavito colt, who joins the colts' syndicate alongside the Written Tycoon-Into The Groove colt from Hallmark Stud ($475,000) and Waikato Stud's sale-topping son of Savabeel and Make A Wish ($1.4 million).

“My colts syndicate is now complete - the Written Tycoon colt, the Savabeel-Make A Wish colt and now this Savabeel-Suavito colt,” Ellis said.

“We just hope that we can win Group One races in New Zealand with these outstanding colts, and maybe Australia, and then stand them at stud.

“More than a decade ago we won a Group One two-year-old race in Australia with Darci Brahma (TJ Smith Classic, now JJ Atkins) and we syndicated him for $10 million. Prices have doubled or maybe even trebled since then, so if you can get that Group One win in Australia, these colts are worth serious, serious money.

“Suavito was a top-class mare and it's nice to have one of her progeny in our stable. We knew he would be expensive, he's a very precocious son of Savabeel. He'll probably be the first of this syndicate to race. We'll prepare him for the Karaka Million, and then maybe he could go to Sydney later on for the Sires' Produce Stakes and Champagne Stakes.”

Ellis faced stern opposition from Aquis, and he admitted he may not have had many more bids up his sleeve.

“I was pretty groggy,” he said.

Ellis said there are three shares remaining in the colts' syndicate, and he expects to fill it by the end of next week.

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