Solid start to Inglis Classic Yearling Sale
A PAIR of A$100,000 yearlings headed a solid opening day of the Inglis Sydney Classic Yearling Sale in Newmarket, Australia, on Sunday.
Just under A$3.5 million was traded on 110 lots, which were sold at an average of A$31,770 (£21,397/€25,753) and median of A$27,500 (£18,521/€22,292). Both figures represented a drop from 2011, with the average falling by eight and a half per cent and the median dropping by eight per cent.
"Today's figures are slightly down on those recorded for this session twelve months ago, but I do congratulate our vendors for meeting the current market," said Inglis managing director Mark Webster.
Fastnet Rock: responsible for a A$100,000 fillyPICTURE: Getty Images
"Classic has produced 25 Group 1 winners in the last ten years, an amazing feat for a sale that averages just A$30,000, and we expect more again from this year's selection."
A filly by Coolmore shuttler Fastnet Rock was the first yearling to break the six-figure barrier when selling to Topline Thoroughbreds for A$100,000 (£67,349/€81,062). Consigned by Middlebrook Valley Lodge, the filly is the first foal out of Polite, an Elusive Quality half-sister to Group 2 winner Conserve from the family of Godolphin's Long Lashes.
The A$100,000 mark was hit just four lots later when a son of Beautiful Crown from Bowness Stud sold to Star Thoroughbreds. The colt, whose half-brother Kontiki Park recently scored in the Listed BRC Bernborough Handicap, will be trained by Gai Waterhouse.
The three-day sale continues from 11am (localtime) tomorrow.