Trade surpassed everyone’s wildest expectations after the last of Australia and New Zealand’s finest yearlings paraded at the Inglis Easter yearling sale on Thursday.
Session 1 of the Easter Sale saw turnover spiral to $84.44 million with demand powering a 32% rise in average ($291,187) and a 25% increase in median ($200,000).
“Congratulations to all vendors who brought top quality yearlings to the sale,” Inglis Managing Director Mark Webster said. “The fantastic results recorded are a clear endorsement of the strength in both the local industry and the respect that the international community has for our product.”
Fireworks from the first two days continued on Thursday morning with strong competition on a number of lots, including the Kitchwin Hills Redoute’s Choice filly from G2 winner Vormista (Lot 399) which was purchased for $900,000 by James Harron Bloodstock.
Shadwell Stud’s racing manager Angus Gold added Willow Park Stud’s colt by Redoute’s Choice from Zarzuela (Lot 416) to his list of Session 1 purchases. Shadwell Australia finished as the leading buyer of 21 yearlings for $8.27 million.
Champion stallions Redoute’s Choice and Fastnet Rock had super Easter sales. The 65 yearlings by the pair accounted for $38.99 million during Session 1.
The Liston family’s Three Bridges Thoroughbreds finished at the top of the vendors list by average, highlighted by the record breaking sale of Black Caviar’s half-brother for $5.00 million.
“On behalf of Inglis, I would like to thank the Liston family for the manner in which they carried themselves through the entire process of selling the Helsinge colt. There was a lot of pressure placed upon them and they displayed true professionalism,” Webster said.
“Much thanks must also go to Rick Jamieson who has entrusted Inglis to sell all of Helsinge’s outstanding progeny over the past five years.”
Cressfield Stud drew plenty of praise from buyers, which spent an average of $1.36 million on its five yearlings sold, highlighted by the Fastnet Rock colt from Group 1 winner River Dove (Lot 295) purchased by Emirates Park Stud for $4.00 million on Day 2.
Coolmore Stud finished at the top of the vendors list by aggregate having sold 33 yearlings for $9.64 million in Session 1.
Alex Kingston accepted Kia-Ora Stud’s prize from Luxbet for the best prepared draft at this year’s Easter Sale. Kia-Ora brought 11 to the sale and sold 9 at an average of $536,667 with a highlight being the Fastnet Rock – Dream Play colt (Lot 82) which sold for $1.50 million to Tom Magnier on behalf of the Coolmore / China Horse Club.
Session 1 is followed by a Session 2 catalogue comprising 112 lots on Thursday afternoon.