Rosemont Stud will weigh up whether to continue the racing career of Joyous Legend, a stakes-placed daughter of champion eight-time group 1-winning mare More Joyous, after adding her to the Victorian farm's ever expanding high-end Thoroughbred portfolio for AUS$1.025 million (US$765,070).
The juvenile-winning, Heineken Percy Sykes Stakes (G2)-placed 3-year-old Joyous Legend, who was trained in her six career starts by Gerald Ryan and Sterling Alexiou, was bought by Rosemont principal Anthony Mithen Oct. 20 via a bespoke Inglis Digital online auction.
The $800,000 ($486,955) Inglis Australian Easter Yearling Sale graduate, the daughter of Snitzel ran fourth at Rosehill in benchmark grade Oct. 6, was offered by Inglis on behalf of large-scale Hong Kong investor Bon Ho, also the owner of top sprinter Classique Legend.
Rosemont has horses in training with numerous trainers in Victoria and interstate and Mithen would not rush a decision on Joyous Legend's future until he sees her in the flesh.
"There's no hard and fast decision made there; our intelligence says she still has racing life in her but our team will go over her when she gets here, and we'll look at the racing schedule in the autumn, etc. and just see what we think is best, to race her on or to find a stallion for her straight away,'' Mithen said.
"It's all happened very quickly, the filly only popped up online a few days ago but that's the nature of these online sales, you need to be quick on your feet and adapt when the time calls.
"Obviously in these COVID times we were unable to get to physically inspect the filly but we took advice from the Inglis team and took advice from Andrew Williams, and we're absolutely thrilled to have secured her.''
When Mithen was caught on the so-called wrong leg in the feverish online auction, he decided to have one more bid, a $25,000 increment, and it was enough to ensure Joyous Legend would soon adorn the Rosemont red with white gatecrasher colors, if she does head back into training.
"We might have had an extra bid because it was Bon Ho's filly," Mithen said.
"He's been a great supporter of ours at yearling sales and it seems he always finds room for one of our yearlings on his short list. It's nice to support him back and good luck to him."
Joyous Legend, who was bred by John Singleton, is the fourth winner produced from More Joyous, who also has a yearling filly by Frankel .
Ho's sudden decision to offer Joyous Legend to the market, which was only made late last week, paid off handsomely.
"Inglis is the expert at dealing with online sales; we've seen that again the past few months with some big results,'' Ho said.
"It was only Saturday just gone that I first spoke to Jonathan (D'Arcy, Inglis) about the idea of doing this and now, five days later, the mare has sold for more than $1 million so it's been very quick, very efficient, and very well done.
"It's a very good price, I'm so very happy with the price. The expectation was in the range of $700,000 to $800,000, so this price is quite a fair bit above my expectation.
"Inglis has done a very good job in the promotion of the filly and throughout the whole process. Jonathan has been in continuous contact with me, keeping me abreast of everything. You've got a very happy customer.''
Joyous Legend is the fifth mare to sell for more than $1 million through an online sale. The record is held by Avantage who sold to Coolmore for NZ$4.1 million (US$2,877,460) in September through New Zealand Bloodstock's Gavelhouse platform.
