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BRT Year in Review

03 Jan 2017

Pictured : Spirit Of Boom has proved a Runaway Success at Stud

BRT to Boom With Spirit

 It was a year in which Boom Racing Thoroughbreds made small steps towards becoming a player to reckon with in the horse racing industry. It was a year in which relationships were built, foals were born, a new investment in Widden's potential diamond in the rough Stallion Outreach was made and our flag bearing Stallion Spirit of Boom continued on his progressive ways in the Queensland Stallion ranks. The industry again proved to be a great leveller with the loss of our mare Angelic Light, again ramming home that every success in this game should be celebrated as there are plenty of misadventures along the way to every victory on the track, breeding barn and in the sales ring.

 Spirit of Boom once again achieved sensational results in the breeding barn. Spirit who we were lucky enough to race along with his older brother Temple of Boom through a minor share has definitely taken all before him at stud. With the final numbers still being calculated for this year’s breeding season at last count he was at 142 mares covered, meaning he will have served over 443 mares in his first 3 seasons at stud. It isn't until you think about the fact that he was a 2 year old Stakes winner who went onto become a Dual Group 1 winner some 4 years later  that you realise the appeal of him. Anywhere across the country this a rarity but to stand in Queensland with this record is something which has barely, if ever been replicated previously. He has managed to throw horses that look to be early runners with plenty of power being instilled into the back end in particular.

 His biggest tests though are all ahead starting next week at the Magic Millions sales when his first yearlings hit the ring. Whilst it will be important to achieve good prices we believe the most important factor will be where they end up to be trained. If he can manage to get some of his progeny trained by the bigger interstate trainers as well as here in Brisbane, then that will be a recipe for success when the ultimate test begins when they hit the race track.

 The road to getting our syndication arm of the business up and running definitely has proved to be an at times frustrating experience. With a lack of guidance available initially to make sure of full compliance with the regulatory bodies and ASIC we managed to get onto Macquarie Legal whose man in the know Tony Fleiter definitely set us off in the right direction and gave us piece of mind that it was in fact doable. Unfortunately for new players into this part of the industry like ourselves the past misdemeanours of others means that it is now an expensive and time consuming process. This means that the end consumer who is looking to get into a syndicated horse now has many added expenses to add onto the purchase price of the horse.

We are looking to set new standards in the industry and will provide constant feedback to owners through video footage and make the race day experience the highlight rather than the performance of the horse. After all just getting to the track is an accomplishment and we will be not be promising success through the number of wins because the statistics don't like. We all hope for a group 1 winner but the reality is that winning a race in the city is a tough ask and if we are lucky to get one that takes us to the big race days then that is a bonus. The success of the ownership should be measured through the experience of the race day, social events, service provisions and making new friends and contacts.

Our first purchase of a yearling as a Syndicator will be at the Magic Millions January sale where we will be inspecting a short list of 30 over the next week and we will then be at the Sydney Classic, Melbourne Premier and Magic Millions QTIS March Sale. Our aim is to have all our yearlings sold before we move onto the next sale and hence will be selective in the horses we do buy and in the intermediate stages will look to not over capitalise. We have recently bought into 2 tried horses with Tony Gollan and we definitely see this as a niche market for syndication as well as we progress in the future.

 On the breeding side of things, we also took baby steps to our ultimate goal of having 12 quality broodmares who we send to our own stallions but also to the tried and tested ones as well. We had another 4 foals to add to our 3 from the year before and this year have had 6 of our mares’ test past the 45-day mark in foal to Spirit of Boom. We are on the lookout for more mares as we look to again patronage Spirit of Boom and Outreach next year as well as being selective with other mares and looking further afield.

 This year we had quality foals with none more so than our Colts by Miss Liebert who was a 6-time city winning mare with prize money of $188,000 and a half to the quality mare Lady Jetsetter who has now accrued 7 wins and nearly $300,000 in prize money. The loss of our star mare Angelic Light was felt even harder knowing she would throw quality individuals with her leaving an athletic Sebring colt behind. She herself was a great type and we will be looking to stay in on the colt whether she goes through the sales ring or otherwise. 

Finally, we wish all a happy new year. The year ahead is one which we look upon with great excitement as we look to dip our toe deeper into what is a great industry that is thrilling, frustrating, gravitating and in between provides experiences money cannot buy.

 Andrew & Jeremy

 Boom Racing Thoroughbreds