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Focus Asia Subscribe for Free Direct to Your Inbox Every Weekday Anzbloodstocknews.Com/Asia FOCUS ASIA SUBSCRIBE FOR FREE DIRECT TO YOUR INBOX EVERY WEEKDAY ANZBLOODSTOCKNEWS.COM/ASIA Wednesday, May 5, 2021 | Dedicated to the Australasian bloodstock industry - subscribe for free: Click here STALLION FEES TABLE - PAGE 25 THE RACING WORLD THROUGH COVID - PAGE 22 Unwala’s Avesta Bloodstock What's on making quiet investment as Stakes races: Warrnambool (VIC) - Midfield Group Wangoom Handicap (Listed, 1200m) portfolio quickly soars Metropolitan meetings: Canterbury (NSW), Eagle Farm (QLD), Ascot (WA) Darley Flying Start graduate creates big impression with Race meetings: Warrnambool (VIC), broodmare-focused trading partnership Murray Bridge (SA), Ruakaka (NZ) Barrier trials / Jump-outs: Beaumont Newcastle (NSW), Mornington (VIC), Geelong (VIC) International meetings: Happy Valley (HK), Chester (UK), Kempton (UK), Gowran Park (IRE) International Group races: Chester (UK) - Chester Vase Stakes (Gr 3, 1m 4.5f) Sales: Magic Millions Online May Sale MORNING BRIEFING Haunui Farm’s Belardo, Avesta Bloodstock's Jimmy Unwala, left, inspecting weanlings yesterday INGLIS Ribchester fees unchanged been quietly acquiring a significant bloodstock Dual Group 1 winner Belardo (Lope De Vega) and BY TIM ROWE | @ANZ_NEWS portfolio heavily leveraged towards broodmares. two-time Champion miler Ribchester (Iffraaj) vesta Bloodstock is a name the When Jimmy Unwala left Aquis Farm will return to Haunui Farm in 2021, with both Australian thoroughbred industry is last November after a three-year stint, his their service fees remaining unchanged. Belardo about to hear a lot more about, but Avesta Bloodstock operation was already well has produced four stakes winners from his first the man behind the business has advanced and that momentum has continued northern hemisphere crop, including Isabella Giles Anot suddenly appeared on the scene and he has into 2021. Continued on page 2>> and Lullaby Moon. Continued on page 14>> MON 3RD - WED 5TH MAY 2021 MAGIC MILLIONS ONLINE MAY SALE SALE LIVE - CLICK HERE Follow us @anz_news | 1 | Brought to you by Unwala’s Avesta Bloodstock making quiet investment as portfolio quickly soars | 2 | Wednesday, May 5, 2021 << Continued from page 1 His departure expedited the Darley a commercial return and I would witness people getting dejected and Flying Start graduate’s plans for Avesta Bloodstock, which now has about not being able to sell a yearling properly, so I thought the problem was 100 horses under management. Eighty of those are broodmares, while a that they didn’t have quality and, at the same time, they didn’t have the mixture of weanlings and yearlings, some of which will be reoffered at numbers. the two-year-old breeze-up “It is all well and good to buy a cheap mare and hope that you get a auctions, are being prepared for good horse and get lucky, but that is the exception to the rule. I WAS HAPPY TO SEE next season’s sales. “The norm says quality does and quality sells through most cases and SO MANY PEOPLE “What I have realised in I thought if I put all those people together and they take small percentages WANTED TO TEAM my time here (in Australia) in a big portfolio, they will have a better chance of having success and UP AND JOIN US AND from successful people was enjoying it, while not losing money, and that’s what we did.” having smaller shares across When Unwala floated the idea with friends and trusted clients he GO FORWARD. IT IS a lot of horses is probably immediately gained their support and Avesta Bloodstock was off the QUITE REWARDING better business because it is ground. AND QUITE SATISFYING a business that works in the This year, the broodmare band - the majority of which are boarding on THAT THEY BACK safety of numbers,” Unwala about 12 farms in the Hunter Valley - will be covered by stallions in NSW, MY JUDGEMENT told ANZ Bloodstock News Queensland, Victoria and Western Australia as the Avesta brand’s reach AS, WITHOUT THEIR yesterday. and scale grows. SUPPORT, AVESTA “Because my background “This year, we might go past 100 broodmares that we will send out to BLOODSTOCK DOES is in pedigrees, as in breeding, different stallions,” he said. NOT EXIST and because I did the noms “I don’t have an affiliation with any one stud or any one stallion farm. - JIMMY UNWALA for the past ten years, I saw a It is about breeding the right mare to the right stallion at the right value lot of small breeders struggle to produce not only a good horse, but also a commercial horse and that’s selling the product or making what we will be doing this year.” Continued on page 4>> Experienced, passionate and reliable? Positions available Kelvinside, New South Wales Seasonal Stallion Grooms Northwood Park, Victoria Seasonal Stud Hands and Foal Watch Woodlands, New South Wales Seasonal Stud Hands and a Permanent Vet Administrator/Stud Hand What's in it for you? Great working conditions Join a hardworking team with a great team culture The opportunity to work at a breeding farm with premium facilities Accommodation may be available for the right applicant Please send your resume to [email protected] by Friday, 14 May 2021 indicating the role - and location - that interests you Follow us @anz_news | 2 | Brought to you by HERE COMES THE SUN The next superstar from Australia’s dominant sire-line is rising. THE AUTUMN SUN 5 X GROUP 1 WINNING CHAMPION THE BEST COLT BY REDOUTE’S CHOICE $66,000 INC GST JON FREYER +61 408 583 888 | SALLY GORDON +61 421 080 021 PETER JENKINS +61 408 667 876 | ALISON BRASSIL +61 439 338 630 Unwala’s Avesta Bloodstock making quiet investment as portfolio quickly soars | 4 | Wednesday, May 5, 2021 << Continued from page 2 Unwala, who has invested his own money into the partnership alongside about 12 backers including G1G Racing and Breeding’s Gary Diamond, says he does not have all the answers but he is confident that his approach can prove a success while also revealing he has no qualms in seeking the opinion of other industry identities. He singled out Duncan Grimley, who recently sold his Hunter Valley stud Glastonbury Farms, and Rothwell Park’s Scott Irwin as people he respected. “It is expanding quickly, and I like that fact, but I also understand that it is baby steps. You learn as you go along, you can never know it all, and I am always happy to ask questions and learn from others to try and improve what we do,” he said. “I was happy to see so many people wanted to team up and join us and go forward. It is quite rewarding and quite satisfying that they back my judgement as, without their support, Avesta Bloodstock does not exist.” To help diversify the portfolio, Unwala added an Invader (Snitzel) colt Invader ex Miss Alabama colt purchased at the HTBA yearling sale INGLIS for $35,000 with the view of reoffering him at the two-year-old ready to run sales later this year, while he was at Inglis’ Riverside Stables yesterday always ask the question whether we can come in and take a share as inspecting weanlings to pinhook at next year’s yearling sales. well. “We are looking for something that we can buy and that we can then “It just doesn’t have to be under the Avesta brand.” trade and take a bit of profit, but pinhooking is hard,” Unwala said. By his own admission, Unwala has been happy to “fly under the “Because we have a group of people behind us, we can go and buy radar”, so the reach of the Avesta Bloodstock may come as a surprise to something nice and if someone else buys something that we like, I some industry observers. Continued on page 6>> OFFERED AT THE IN FOAL TO CHAIRMAN’S SALE NIGHT OF THUNDER 11.5% Stakes winners LOT 37 to runners in Australia, led by Twin Hills-bred Cherry Tortoni and Hela ‘HER FATHER’S DAUGHTER’ Click to see our film about her MIA DIVA Fast juvenile winner, full-sister to a G3-winning two-year-old and with a Royal Ascot update: unbeaten sister heads to the 2021 Royal meeting Olly Tait +61 (0)487 170375 [email protected] twinhillsstud.com Follow us @anz_news | 4 | Brought to you by 14-Time Group One Winner MELODY BELLE THE MOST DECORATED RACEMARE EVER TO BE OFFERED AT PUBLIC AUCTION 2021 ARC NEW ZEALAND STAKES GR1 | 2021 WRC THORNDON MILE GR1 | 2020 HAWKES BAY LIVAMOL CLASSIC GR1 2020 HAWKES BAY WINDSOR PARK PLATE GR1 | 2019 VRC EMPIRE ROSE STAKES GR1 2019 HAWKES BAY LIVAMOL CLASSIC GR1 | 2019 HAWKES BAY WINDSOR PARK PLATE GR1 2019 HAWKES BAY TARZINO TROPHY GR1 | 2019 ARC NEW ZEALAND STAKES GR1 | 2019 OTAKI MAORI RC WFA STAKES GR1 2019 WAIKATO SPRINT GR1 | 2018 HAWKES BAY WINDSOR PARK PLATE GR1 | 2018 HAWKES BAY TARZINO TROPHY GR1 2017 MANAWATU SIRES’ PRODUCE STAKES GR1 GOLD COAST NATIONAL BROODMARE SALE I 25-27 MAY www.magicmillions.com.au Unwala’s Avesta Bloodstock making quiet investment as portfolio quickly soars | 6 | Wednesday, May 5, 2021 << Continued from page 4 “It’s grown because we’ve found value. “There was a time when I was going to What helped Avesta and my friends, my clients and backers, was that the go out on my own eventually and it just year that was the Covid year, we luckily had the funds to buy mares of good so happens with Covid that it worked quality,” he said. out well [timing wise].” “We look back now and think what we bought last year was way under A passionate Unwala, 35, is market value, and that is the reason we haven’t traded them this year.
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