Coolmore is on the verge of triumphing in a competitive bidding war to acquire Storm Boy, the nation’s most exciting two-year-old. The impending deal, anticipated to exceed $50 million, could potentially make Storm Boy the most expensive racehorse ever sold in Australia.
Several stud farms are vying to secure a stake in the undefeated Storm Boy, with negotiations continuing late into Tuesday. The deal is expected to be finalised within the next 48 hours, contingent upon a successful veterinary examination.
Sources suggest that the winning bidder will need to commit at least $15 million to secure a majority share of Storm Boy, the early favourite for the prestigious Golden Slipper at Rosehill Gardens on March 23. Additionally, if Storm Boy emerges victorious in the Golden Slipper, an additional $25 million will be disbursed to the colt’s existing ownership group. The impending transaction underscores the immense value and potential perceived in Storm Boy’s racing career.
Storm Boy was an emphatic winner of the 2024 Magic Millions Classic a fortnight ago and is the $3 outright favourite in Golden Slipper betting.