Magic Millions Sales Pty Ltd is an Australian Thoroughbred racehorse auction house which holds auctions around Australia each year including its world famous Gold Coast Yearling Sale at Surfers Paradise in Queensland.
The Gold Coast Yearling Sale is considered to be a top level auction in global racing circles, with buyers from Hong Kong, Japan, Europe, South Africa, New Zealand, China, the United States and the Middle East.
The record for an individual horse purchase as a yearling was made by Patinack Farm twice at the 2008 Magic Millions where that team spent $2.2 million on two Redoute's Choice colts - one a three quarter brother to Dance Hero and one a three quarter brother to their stable star Casino Prince.
[3] The company is now owned in its entirety by Gerry Harvey and Katie Page after they purchased interests of the other partners in 2011.
Better funding, advertising, networking and public reportage have led to the Magic Millions growing considerably in national and international stature.