Strength to Strength at Inglis Sale

THERE was $116 million dollars traded at the three day Inglis Easter Yearling sale and was the second strongest yearling sale on record, the first being in 2008 before the global financial crisis.

The top selling horse was a colt by Fastnet Rock and The Broken Shore from Arrowfield which sold for $2.3million to Anthony Freeman Racing.

Jonathan D’Arcy, director of Inglis bloodstcok said Hunter Valley studs again led the sale with the highest aggregates.

“It’s been a very solid sale we had a lot of international buyers here,” said Mr D’Arcy.

“The horses from the Easter sale have been performing very well on the race track we had a great result from last year’s sale with the Golden Slipper recently,” he said.

“These are the best yearlings in Australasia and they fetch prices people think they are worth,” he said.

“Obviously prize money levels are very good all over Australia and I think there is confidence in the industry which has been borne out in the sale ring,” Jonathan D’Arcy said.

This year there were:

• 22 horses sell for more than $1million, compared to 17 last year.
• Top five leading vendors at the sale were all from the Hunter: Arrowfield sold 34 horses for $18.2 million, Coolmore sold 28 horses for almost $11 million, Segenhoe Stud sold 19 for $7.5 million, Widden sold 20 for $7.5 million and rounding out the top five Yarraman Park sold 10 yearlings for $$5.2million.
• The leading sires on average were Fastnet Rock which stands at Coolmore sold 30 horses for an average of $554,000, I Am Invincible which stands at Yarraman Park sold 33 for an average of $553,000, Snitzel which stands at Arrowfield Stud sold 41 for an average of $528,000.
• The clearance rate was 84 percent with an average of $347,000.