Newgate Farm’s Russian Revolution has had a great run on the track this year emerging as the leading Australian second season sire by winners, earnings and stakes-winners with his achievements reflected in the sale ring when he produced his first million-dollar yearling at Inglis Easter on Tuesday.

Consigned by Bhima Thoroughbreds, the colt from Our Libretto (NZ) sold for $1.1million to Mick Wallace / Gandharvi Racing setting a new benchmark for Russian Revolution as his most expensive yearling.

The history making colt will run for Gandharvi in partnership the Rosemont Stallion Alliance group.

“I am not sure the history we’re trying to create, to be perfectly honest, but nonetheless he was a nice horse and you can’t help what you’ve got to pay for them,” Rosemont Stud’s Anthony Mithen told ANZ Bloodstock News.

“He was one we wanted to stretch on and for physical reasons he was a beautiful animal, Russian Revolution’s going super and he’s out of an O’Reilly mare who was fast and was durable and he was bred one of the geniuses of the breeding world in Jonathan Munz.”

Bred by Jonathan Munz’s GSA Bloodstock, who also bred last Saturday’s Group I winning 2YO Militarize, the colt is the second foal of Group II placed O’Reilly mare Our Libretto, who was bought at Karaka for $400,000 by Dean Hawthorne Bloodstock for Munz and raced successfully before retiring to stud.

A half-sister to multiple Group winning stayer Epingle, Our Libretto was one of 200 mares covered by Russian Revolution last spring.

Russian Revolution had five yearlings average $423,000, which was marginally ahead of Deep Field, who had 12 average $411,667.

Extreme Choice had five yearlings offered that were all sold at an average $375,000 and Capitalist had nine average $226,667.

Newgate finished Inglis Easter selling 12 yearlings for $6,070,000 with our top seller the full brother to Russian Revolution sold on Monday for $1.4million.