WA couple Alan and Sue Olive have investedg millions in capital works and bloodstock to develop Gold Front Thoroughbreds into a state-of-the-art operation.
Gold Front’s Gingin base began taking shape after the Olives sold their family company Connector Drilling to the Ausdrill Group.
Gold Front’s inaugural draft for the 2012 Perth Magic Millions was a superb sale by any benchmark. Trade for their 14 yearlings reached more than $1.04 million which was just $5,000 shy of top vendor Mungrup Stud. And its average of $74,428 was third best behind Oakland Park and Geisel Park.
Their 2013 Perth Magic Millions consignment was highlighted by a $100,000 Choisir colt that was bought by Victorian based Slade Bloodstock.
The Olives also added foundation stallion Slater to its burgeoning bloodstock portfolio. The regally bred son of Redoute’s Choice stood his first commercial season at Gold Front for a $5,500 (inc gst) service fee in 2013.
“We’ve always had an interest in horses but never raced any before selling our company Connector Drilling,” Alan explained. “I’m too young to retire and there’s no better way to stay active than getting involved in racing and breeding.”
The Olives spread their racing stock between Dan Morton, Trevor Andrews, Justine Erkelens and Dave Casey in Perth while champion trainers Gai Waterhouse and Peter Moody prepare their Sydney and Melbourne horses.
“We also move the mares and their yearlings around the country,” Olive said. “Besides Western Australia, we have them based in the Hunter Valley and Victoria. It’s a mix and match process. The yearlings have to be sold in the appropriate markets.”