Zoustar, the $78 million man

Zoustar has been effectively valued at $78 million after a share in the star stallion topped the latest Inglis Digital catalogue. Bangaloe Stud paid $1.3 million for the rare offering — the first that had been available in the son of Northern Meteor since he has established himself at stud — that concluded on Wednesday.

Up for grabs was annual priority access to the 13-year-old, who is already booked out for the 2024 breeding season, and a 1/60th share of the pooled income for each year.

Bangaloe Stud's Julia Ritchie understood the significance of the amount she was forced to pay but considered it value for money for a stallion she has supported in the past.

"I've been supporting Zoustar previously as a breeder and to now be able to have a share in a young stallion who is kicking it out of the park, as a breeder that's what you like to do — to support these next generation of great stallions," Ritchie said. "I was always prepared to go close to that price and in the end he's worth it, every penny of it.

"That said, that was my absolute upper limit. I didn't really have another bid in me, but I think it's worthwhile to be able to become involved in a superstar stallion like Zoustar.''

Ozzmosis is one of eight Group 1 winners sired by Zoustar; picture Racing Photos

Zoustar has risen to become one Australia's premier stallions since retiring to Widden Stud, having thrown 54 stakes winners including eight Group 1 winners. He will this year stand at a fee of $275,000, including GST, which will make him the equal most expensive stallion in the country alongside multiple Australian Champion Stallion award winner I Am Invincible.

The share was offered for sale by Qatar Bloodstock and its representative David Redvers was thrilled by the result.

"It's a very new thing for us, selling something like this online, but the Inglis Digital platform is an excellent and dynamic way in which to trade," Redvers said.

"You are always slightly nervous putting something so valuable to public auction in case it falls below expectation but, in this instance, the process and the result matched and exceeded expectations. I was delighted to do that bit of business with Inglis.

"What this result does is it demonstrates quite clearly the esteem in which Zoustar is held and it's great that the market's view of the stallion matches our thoughts on how good he is and how valuable he is."