Inglis began their 150th year in business in style following the conclusion of their Classic Yearling Sale which posted an improved set of figures on almost all fronts. After three days of trade the aggregate settled at A$35,653,500, the clearance rate was a solid 88% and the average for the 497 yearlings sold came in at A$71,593. The median rose strongly to A$57,500 while the top price of A$400,000 was just shy of last year's amount of A$410,000.
Inglis managing director Mark Webster was thrilled with the success of the sale and commented, “I'd really like to thank all the vendors and breeders for trusting us with their better quality yearlings and I'm so happy that we were able to get the vast majority sold for them. I also want to mention the vast array of buyers who attended the sale, all the stable staff who worked tirelessly through some very hot conditions and very long days and nights.''
The health of the Australian sales market was evident from the fact that 47 vendors finished the sale with a 100% clearance rate. Of these, Yarraman Park, Bhima Thoroughbreds and Newgate Farm were the most successful, selling all 19, 18 and 17 respectively in their drafts, which is an impressive achievement by any standards. The leading vendor by average (with three or more sold) was Tyreel Stud, selling seven lots at an average of A$198,667 and the stud's Linda Monds was understandably pleased with such a outcome. “I'm very proud of the product we've bought to this sale and it was really good to be able to present the ones we did in the Gold Riband session as well,'' Monds said.
“We're a small farm, a small team and I'm very proud of what my team has produced from their hard work. They deserve this result,” she added.
The buying bench at the sale was as broad as ever seen at Newmarket, highlighted by the fact there were 276 different individual buyers on the results sheet. Topping proceedings on the final day was a filly by Fastnet Rock (Aus) which Matt Laurie Racing purchased for A$230,000. The filly offered by Newgate Farm as lot 470 is out of the stakes winner Espirit De Bleu and is a family Laurie knows a bit about. “She's a lovely bodied filly. I've got the [Smart Missile] half-brother at home and he's certainly shown us a bit so I was keen to get my hands on this filly,'' Laurie said. “He hasn't raced yet, so I might be proven an idiot but I really like the family and I love this filly,” he added.
Also breaching the A$200k barrier was lot 562, a colt by Savabeel (Aus) offered by Sledmere Stud and purchased by Lyndhurst Farm for A$220,000. Paul Perry Horse Training finished up leading buyer by aggregate (A$834,500) while Darby Racing/de Burgh Equine, Paul Perry Horse Training and Triple Crown Syndications each purchased nine Lots to share top buying honours by number of lots. The leading stallion by average (3 or more sold) was Vinery Stud stalwart More Than Ready at A$176,667, while all 27 progeny of Yarraman Park's star sire I Am Invincible (Aus) sold, leaving him as easily the leading sire by aggregate (A$4,015,000).
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