A Spirit of Boom colt today became the highest-priced horse ever sold at an Inglis VOBIS Gold Yearling Sale.

Offered by Rosemont Stud, Lot 248 (Spirit of Boom x Moxie Doll) was the subject of a fierce bidding duel before eventually selling to Gelagotis Racing and Anthony Panozzo for $120,000.

“The stallion is doing incredible things and we’re really thrilled to get a nice running style of a horse like him with a pedigree to run, by a stallion in the top three or four in Australia at the moment,’’ Manny Gelagotis said.

Rosemont’s Gerard Jones always believed the son of Spirit of Boom youngster was “the colt of the sale’’.

“We’re ecstatic with the result,’’ Jones said.

“He’s been out of his box all day today especially so I’m glad he can go back now and relax.

“He’s typical of all the Spirit of Booms, really relaxed, no fuss. He took it all in his stride.

“It’s really good that Manny got him. He’s VOBIS qualified so it’s great that he stayed home in Victoria.’’