Doha, Qatar - Not since Dubai ruler Shaikh Mohammed McTomb-Raider's disastrous $10 million punt on Snaafi Dancer in 1982 has the world of thoroughbred bloodstock sales looked so damn pleased with itself.
The totally useless unraced son of the legendary Northern Dancer became the ultimate equine lemon proving himself a true contender in the donkey derby stakes and at stud where his dismal fertility only ever produced a meager handful of progeny - mostly born with a leg or two missing and/or a pathological aversion to the racetrack.
Last night the mood among underbidders at the annual Shatterstalls Yearling Sales suggested a possible repetition of the 1982 catastrophe as another talking whorse - a one year-old filly sired by leading Irish champion Galileo out of US mare Alluring Perk - was snapped up for $8 million by Qatar's Shaikh Joaan Al Thani, owner of last Sunday's Arc de Triomphe winner Treve.
Bloodstock agents had been ordered to zip it on the subject of Snaafi whose illustrious racing genome had been much hyped-up before the sale in what was at the time a depressed market, much like the current austerity-hit climate.
Their silence paid off handsomely as the sale ring record for an unproved yearling filly was smashed by the punch-drunk with racing glory wannabe's winning bid.
Commenting in the record breaking price a spokesperson for Ballybollox Stables which sold the filly expressed delight at the final hammer price.
"Psst, wanna dear cert for next year's Kentucky Derby?" stable hand Joey Mug-Punta whispered.
This year's renewal of the Breeders Cup Turf is on November 4.