IT was with a tinge of sadness that the Inglis family and their supporters marked the end of an 112-year tradition with the last of their thoroughbred sales at the family’s Newmarket selling complex in Randwick this Easter.
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The sale achieved a gross of $42,232,500 for 496 lots sold at an average of $85,146 and clearance rate of 87 per cent.
Following the sale of their complex, where they first stared selling horses in 1906 before eventually purchasing the land in 1917, the company will in future, being holding its sales at a new facility Riverside Stables at Warwick Farm.
The Inglis Easter Yearling sales are one of the world’s top sale thoroughbred yearling events. It is also a sale dominated by entries sired by Hunter Valley based stallions.
And this year was no except with 20 yearlings sold for $1m or more - all but one of those were sired by Hunter Valley stallions
Also another 65 yearlings sold for $500,000 or more - 58 or 90 per cent of which were sired by Hunter Valley stallions.
Record prices were set for the progeny of Medaglia D’Oro ($2.4m), I Am Invincible ($1.6m), Sebring ($1.4m), Not a Single Doubt ($1.25m), Exceed and Excel ($1.2m) and Zoustar ($1m).
Top sellers included: Colt by Arrowfield’s Redoute’s Choice; sire (vendor Arrowfield) - sold for $2.5m to Sheikh Mohammed bin Khalifa Al Maktoum’s racing manager. Colt by Medaglia D’Oro (sire Darley stallion; vendor Yarraman Park) - sold for $2.4m to an international syndicate (between Coolmore, Stonestreet, Aquis/Bluesky and Unifaith outbidding Sheikh Mohammed bin Khalifa Al Maktoum’s to secure this colt)
In addition 14 other Yearlings by champion Hunter sires were sold for $1m or more including - Redoutes Choice, Snitzel & Not A Single Doubt (Arrowfield); I Am Invincible (Yarraman Park); Exceed and Excel (Darley); Fastnet Rock (Coolmore); Sebring & Zoustar (Widden Stud). Buyers from all around the world - including Japan, North America, Hong Kong, China, New Zealand, South Africa, Ireland, the Middle East, USA and Australia - created a very strong marketplace.