Magic Millions Day 1 review - Four million-dollar yearlings but clearance rate a concern

Welcome to another episode of Straight Talk with Bren O'Brien and Tim Rowe, reporting from the Magic Millions Gold Coast Yearling Sale.

On a big first day, we observed significant sales figures that matched last year's numbers, with the exception of a challenging clearance rate. Despite this, the momentum was maintained with four million-dollar lots.

American investor John Stewart made headlines, acquiring star fillies from Geneva. His continued confidence in the Australian horse racing industry demonstrates his long-term commitment and passion for quality horses.

The episode also highlights the standout purchase of a colt by GSA Bloodstock. We spoke to key players Ciaron Maher and Dean Hawthorne as well as Magic Millions Managing Director Barry Bowditch.