Five racehorses die in horror crash after truck carrying thoroughbreds worth £500,000 smashes into tree

FIVE thoroughbred horses thought to be worth at least £500,000 have tragically died in a devastating truck crash.

Two men, believed to be the 62-year-old driver and 59-year-old passenger, were rushed to hospital via air ambulance with serious injuries.

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Five horses bought at the Magic Millions Sale on the Gold Coast have died in a truck crash[/caption]

It is believed the broodmares were recently purchased by a large racehorse stud at a major national auction.

The crash happened in Australia in the early hours of Saturday morning.

New South Wales police reported a truck had crashed into a tree.

A statement read: “Emergency services were called to the Golden Highway, south of Muswellbrook near Jerrys Plains, following reports a truck had crashed.

“Officers attached to Hunter Valley Police District attended and found the livestock truck had crashed into a tree.

“Five horses being transported in the vehicle died as a result of the collision. Inquiries are continuing.”

Several world-renowned racehorse stud operations have properties in the area, including Coolmore, Darley and Arrowfield.

It is thought the broodmares were recently purchased at the Magic Millions national broodmare sale on the Gold Coast.

The names of the horses have not yet been released.

The auctions were a record-breaking success, with Arcadia Queen going to Arrowfield for more than £1.7million.

The average price for the 615 horses sold in the Magic Millions National Broodmare Sale on the Gold Coast was £126,000.

More to follow.