Inglis Classic sale
ends with declines
THE A$140,000 (£94,443/€112,616) sale of a colt by Hussonet saw the 2012 renewal of the Inglis Sydney Classic Yearling Sale in Australia close in solid fashion on Tuesday.
Trainer Mauro Poletti signed the ticket for the colt, who was the dearest yearling sold during the three-day sale. Consigned by Hussonet's former home Arrowfield Stud, the colt is a half-brother to the Listed-placed pair Red Dress Marley and Snitzerland and out of Monte Rosa, an unraced Fraar sister to Group 3 winner Nina Haraka.
Although the clearance rate hit 81 per cent, trade at the auction fell short of last year's level. All told, 572 yearlings were sold for a total of A$12,804,727, a drop of 11 per cent, and average of A$30,200 (£20,374/€24,285), a drop of ten per cent. The median fell four per cent to A$25,000 (£16,868/€20,104).
Inglis managing director Mark Webster commented: "Online bidding has been well utilised by shrewd buyers purchasing up to A$50,000 and ithas been great to see so many people using our Make An Offer Service, leading to a notable increase in the clearance rates from Days One and Two as the sale progressed today."