A colt by Extreme Choice led the way on the final day of the Adelaide Yearling Sale selling for $360,000, as the market rallied to record a higher sale average than in 2023.

Lot 262, the Extreme Choice colt
Lot 262, the Extreme Choice colt which sold for $360,000. (Photo: Magic Millions)

While the overall aggregate dropped by $1.6 million to $15.3 million, with a lower clearance rate (78 per cent to 82 per cent) than last year seeing 40 fewer horses purchased, those that did make the grade were purchased at an average of $50,754, up from $49,543.

Louis Mihalyka of Laurel Oak Bloodstock was the successful bidder on Lot 262, the son of Newgate’s freakish young stallion Extreme Choice, who has produced 12 stakes winners from just 86 runners.

The colt, offered by Rushton Park is the second foal out of Congrats mare Tiara Star, the half-sister of stakes winner Zoutenant and daughter of Listed victrix Tenant’s Tiara.

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