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Hot Danish - Moonee Valley - 19.10.2010

Hot Danish: an Encosta De Lago half-brother to the Group 1 winner topped the first instalment of the Inglis Breeding Stock Sale at A$150,000

  PICTURE: Getty Images 

Encosta colt heads satisfactory Inglis opener

AN Encosta De Lago half-brother to the late Group One star Hot Danish was the headline act at the opening session of the Inglis Australian Weanling and Breeding Stock Sale in Australia on Wednesday.

The colt, prepared for sale by Holbrook Thoroughbreds, was sold to David Parker for A$150,000 (£98,620/€110,397).

Holbrook also sold Hot Danish as a yearling to Les Bridge for a mere A$32,000 at the annual Scone sale. She went on to amass A$2.3 million in earnings before her sad passing earlier this year.

The top lot headed eight weanlings to make A$50,000 or more during the session.

New Zealand-based agent Michael Wallace was a keen player during the session, with his purchases including the second and third highest priced lots.

Wallace gave A$85,000 for a Commands colt from the three times winning Magic Albert mare Magic Summer.

Earlier he went to A$71,000 for a Magic Albert colt out of Hearth, a three-quarter-sister to Hong Kong Derby winner Super Satin.

In all, 130 weanlings sold at a clearance of 80 per cent for a gross of nearly A$1.9 million and average of A$14,567 (£9,576/€10,721).

"The catalogue was down on pedigree from 2010, so given the horses we had to sell, it was a satisfactory result today," said Inglis Bloodstock Director Jonathan D'Arcy .

"80 per cent is a good clearance rate at any weanling sale and I am sure buyers are pleased with the value they were able to secure during the session.

"There is certainly money to be made by pinhookers looking to sell some of these weanlings at next year's yearling sales - as evidenced by the strong New Zealand presence today - and buyers should note those opportunities will continue tomorrow with a number of nice horses still to come."

D'Arcy noted the absence of a number of buyers owing to the air traffic chaos which has engulfed Sydney this week.

"We had plenty of activity online from those buyers unable to attend, but ideally it's always better to have agents and buyers on the ground to inspect the horses in the flesh," he said.

The Select Weanling session continues on Thursday, which concludes with a supplementary catalogue, followed by a General Weanling Session, which also has a number of supplementary entries.

The Select Broodmare session follows before the sale concludes on Friday with general mares, stallion, yearling and racing stock sections.





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