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Figures hold firm at Inglis Classic sale

AFTER a solid start to the Inglis Classic Yearling Sale in Sydney, Sunday's second session, which saw 166 horses sold,  recorded slight across-the-board increases compared to the comparable session in 2008.

The aggregate rose by 10 per cent to A$5,045,000 (£2,285,000 / €2,623,000), the average increased by five per cent from A$28,831 (£13,000 / €14,900) to A$30,392 (£13,766 / €15,760), an improvement matched by gains in the median which rose from A$21,000 (£9,510 / €10,917) to A$22,000 (£9,976 / €11,427).

Overall, the average for the 250 yearlings sold through the two sessions so far is A$28,614, down just 10 per cent on the overall average for 2008.

The day's highest-priced lot was a daughter of the recently deceased General Nediym out of the Group 3 winner Nancy Eleanor, a daughter of Belvis who is by Scenic.

She was sold by agent Kitchen Hills, fetched A$220,000 (£99,684 / €114, 384) and was bought by Patinack Farm, whichpurchased eight lots through the session, this filly being its only six-figure purchase. The farm bought three lots in the first session.  Her sale bettered 2008's top price by A$60,000.

The day's much lower second-best priceof A$135,000 (£61,131 / €70,150) was also given for a filly, this time for a daughter of the Redoute's Choice stallion Al Samer.  She is out of a Brief Truce half-sister to the multiple Group performer and Group 3 winner Stormy Regent and was bought by Freyer Bloodstock having been offered by Huntworth Stud.

Dubawi headed the list of shuttle stallions when William Inglis as agent went to A$100,000 (£45,000 / €51,984)  for a daughter of the Darley stallion.  Offered by Emirates Park, she is out of a Catrail half-sister to the Group 1 winner Al Maher, and traces to Redoute's Choice under the third dam.

"It is very pleasing to see the average only down 10 per cent from last year's figures, which underlines the strength of the buying bench for the more sought after horses," Inglis Managing Director Mark Webster said.

"But it was harder going at the bottom end of the market today, which is clearly more evident throughout the marketplace this year more so than ever, given the current economic climate and the sheer volume of yearlings in the marketplace."

The most  disappointing statistic of the day was the clearance rate of 67 per cent, which was a fall from 80 per cent in 2008.

 

 

 

 

 

 

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TOP TEN

STALLION £ TOTAL PRIZE
Galileo £4,265,354
Dubawi £1,332,707
Dark Angel £1,147,811
Pour Moi £1,062,878
Kodiac £1,047,054
Iffraaj £951,514
Fastnet Rock £879,677
Acclamation £875,484
Exceed And Excel £871,975
Invincible Spirit £814,110