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Tinkler sale of mares exceeds expectations

THE sale of 191 broodmares owned by Nathan Tinkler's Patinack Farm has raised Aus$2.78 million (£1,793,443/€2,224,294).

While Tinkler was not there in person, his father Les rejected suggestions the auction, held at Gold Coast Magic Millions, was a fire sale.

"It's not a one-off type of sale,'' he told the Brisbane Times. "'We're a horse stud, we breed horses for sale. And we can't just keep them and keep racing everything. So you've got to cut them down every year, that is all there is to it.''

Magic Millions owner Gerry Harvey declined to discuss suggestions he had given Tinkler  Aus$20 million in advance of the sale. ''He's young, he was a billionaire and now he's not a billionaire,'' Harvey told the paper. "He's into coal and he's into horses.'

"Everyone that is sitting in there is trying to get a horse as cheaply as they can. They are not here to help Mr Tinkler.''

Magic Millions managing director Vin Cox said the sale had exceeded expectations by achieving an average in excess of $14,500.

He said: ''No owner is ever happy with the price they receive, but I have just been speaking to Patinack's general manger and asked, 'How's the boss?' and they said, 'pretty happy.'''

The biggest sale of the day was the $240,000 paid for 12-year-old, unraced mare Midnight Ballet, the dam of Group 1 winner Rock Classic.  She was bought by Coolmore Stud.

 

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TOP TEN

STALLION £ TOTAL PRIZE
Galileo £10,249,746
Dubawi £2,719,609
Dark Angel £2,638,817
Kodiac £1,983,476
Acclamation £1,974,593
Nathaniel £1,804,891
Sea The Stars £1,795,580
Frankel £1,761,713
Iffraaj £1,605,906
Invincible Spirit £1,578,791