Arrowfield Tops Three Day Sale

TODAY Arrowfield topped Yarraman’s performance at the Easter Inglis sale when they sold a colt by Redoute’s Choice and Secluded for $2.5 million.

Arrowfield also became the highest grossing vendor at an Australian yearling sale with $20,040,00 worth of horses sold.

Arrowfield’s colt by Redoute’s Choice and Secluded which sold for $2.5 million today.

John Messara, owner of Arrowfield said he wasn’t surprised the colt attracted such attention from the buying bench.

“I was expecting a big price but I didn’t know what that price would be,” said Mr Messara.

“It’s fitting that Redoute’s should top the sale too because he’s been leading sire here for so long now,” he said.

“Inglis put together a very strong buying bench so all credit must go to them in all honesty,” he said.

“We bought a very strong product to market but Inglis bought the market together from all around the world and when you get a strong product and a strong market, you get maximum results,” he said.

“We had the product that was in demand and the market was there for it; we’re very fortunate,’’ John Mesara said.

Jonathon D’Arcy, national bloodstock director for Inglis said it was fitting the last sale at Newmarket ended with a bang.

“It was the second strongest sale ever held in Australia and from start to finish it was solid with a clearance rate of 85 percent and it was obviously a nostaglic sale being the last held at Newmarket but it certainly went out with a bang,” said Mr D’Arcy.

“It was absolutely outstanding here today we sold seven horses of a million dollars or more and 17 horses of a million or more at the sale in total,” he said.

“The average was the second highest on record at $356,755 and the median price was the highest on record at $260,000 for any sale in Australasia,” he said.

“Arrowfield sold 34 horses for more than $20 million and Segenhoe sold 10 horses for $6.5 million so they averaged $650,000 which was the top average at the sale.

“And there were 39 horses from Snitzel sold for $21,000,000.

“We have a very good product here in Australia, we have a very good industry, we have a lot of horses doing grea things around the world, so when our horses are exported they are dominating in Hong Kong, in South Africa, in Japan, so all in all I think we just have a very good product,” Jonathon D’Arcy said.

The highest grossing sale was the 2008 Inglis Easter sale.