“For Victoria, I think it’s a fantastic thing. There are a lot of breeders down here that have been looking for this sort of horse, so it’s a great opportunity.
“As far as stallions retiring to stud in Victoria, I think he’s probably the highest-priced stallion to retire to stud in Victoria.”
But Fairgray hoped there would be more winning in store for the progressive sprinter-miler.
“He’ll head up to Sydney and the Slipper is the aim so fingers crossed, if he could do the double it would be fantastic,” he said.
Group 1 winner Grunt has 160 mares in foal after his first season as Yulong’s maiden stallion, so the two recent additions will extend their roster to three.
But Fairgray said they wouldn’t stop there.
“Obviously it’s going to take us a few years to build them up but if we could have 10 quality stallions standing at the farm, that would be the aim,” he said.
Yulong, arguably the biggest investor in Victorian racing, has 13 yearlings going through the auction ring at Inglis across the three-day sale, and sold one of the highlights of the sale when a Teofilo colt was knocked down to Ciaron Maher Racing for $460,000 on Sunday morning.
Fairgray said the bay colt had been extremely popular in the lead up to Sunday’s sale.
“He has always been a really nice horse and coming here I was thinking $250,000 or $300,000 but everyone loved him and he surpassed that,” Faiirgray said.
“It’s a good result. He’s gone to a good trainer and first foal of a mare we purchased so it’s really good.”
Fairgray said Yulong wouldn’t be in the market for any yearlings this week, instead looking to add to their broodmare band at the Sydney Easter sale.
A son of Medaglia D’Oro also attracted $460,000 to the Hong Kong Jockey Club, while James Harron netted a Dundeel colt for $380,000, bred by Victorian breeder Three Bridges.
Damien Ractliffe is the Chief Racing Reporter for The Age.