Inglis has confirmed that Funstar, who hails from one of the most current families in the Studbook as a half-sister to G1 Queensland Oaks winner Youngstar (High Chaparral {Ire}) and being out of a three-quarter sister to triple Group 1 winner Tofane (NZ) (Ocean Park {NZ}), would be the star attraction of its next Digital Sale.
Unbeaten as a 2-year-old, Funstar won five of her 18 starts for trainer Chris Waller, including her victory in the Flight S. and wins in the G2 Tea Rose S. and G2 Phar Lap S. She was also runner-up in the G1 Surround S., G1 Queen of the Turf S. and G1 Epsom H., earning over $1.1 million in prizemoney.
Managing owner Olly Koolman is helping oversee the sale of Funstar and has high expectations of where the market will assess her.
"She's a very, very strong filly, she has a great hindquarter, a beautiful shoulder, angles and a deep girth. She's a very strong and athletic mare to be breeding from," he told TDN AusNZ.
"She's (Funstar) a very, very strong filly, she has a great hindquarter, a beautiful shoulder, angles and a deep girth. She's a very strong and athletic mare to be breeding from." - Olly Koolman
"The main thing about these prospective broodmares is that they aren't emptied out on the track. She's retiring as a 4-year-old. She's sound and hasn’t been over-raced.
"She has been well looked after, was given time when she needed it and she had short preparations. For a mare to translate from a racehorse to a broodmare, it is important that they are not left empty. There's plenty of gas in her tank."
Those looking for a gauge as to what Funstar might be worth only need to look to her half-sister Youngstar, who was secured for $1.4 million by Katsumi Yoshida when offered at last year's Inglis Chairman's Sale.
There are few people better placed to assess the comparison between Youngstar and Funstar than Koolman, who picked out both through the Inglis sales ring as yearlings at the Melbourne Premier Yearling Sale and Australian Easter Yearling Sale respectively.
"They are quite different horses. They are similar to look at but Youngstar stood over a lot more ground and we treated her as a bit of a stayer. She ran in two Melbourne Cups, but it is clear in hindsight, that her best performances were over that 2000 metre range, where she won the Queensland Oaks and ran second to Winx in the Turnbull S.," Koolman said.
"Youngstar was a proper 2000 metre horse, Funstar was a little bit stronger and has a far superior turn of foot. Her better performances were over 1400 to 1600 metres."
From the top shelf
Inglis' General Manager Bloodstock Sales and Marketing, Sebastian Hutch, said there was much anticipation about bringing a mare of such quality to the Digital Platform and said Funstar fulfilled the criteria of being a top-end broodmare prospect.
"She was a top-class race mare and it’s not just about producing the occasional top-class performance, she was consistently very, very good," Hutch said.
"She (Funstar) was a top-class race mare and it’s not just about producing the occasional top-class performance, she was consistently very, very good." - Sebastian Hutch
"Her second start, she beat a horse called Leviathan, who went on to be a really top-class horse in Hong Kong (as Healthy Happy). Her 3-year-old form was bombproof. She had an immense record through that spring of her 3-year-old season.
"She used to regularly beat a high-class filly in Probabeel, who came back and squared the ledger later on, but certainly in the early parts of their career, Funstar had a very evident advantage over her."
Hutch described Funstar's pedigree as 'arguably the most progressive in Australasia', boosted further by Tofane's recent Group 1 double in the Stradbroke H. and Tatt's Tiara.
"That pedigree has bred up hugely in recent years and there is more to come. There's a Pierro sibling yet to go to the races and a full brother to Funstar to come. Tofane also has a full sibling and races on through next season," he said.
"I saw Funstar recently on the farm and she's a beautiful mare, has lovely quality and a fantastic temperament. Youngstar was a good-looking mare, but I’d venture to say Funstar is an even better-looking mare and it’s very exciting to be able to put her on the market."
Sebastian Hutch | Image courtesy of Inglis
International appeal
The global appeal of the pedigree is clear from the fact Youngstar is now beginning her broodmare career in Japan at Northern Farm having visited Kizuna (Jpn) earlier this year. Hutch sees no reason why international interest won't come for her half-sister when bidding in the July (Early) Online Sale begins on July 9 and finishes on July 14.
"Our broodmare sales series this year has seen international interest in the best stock. The domestic buyers have been very strong and it hasn't been easy for those international buyers to land a blow, but certainly there's been interest and I’d fully expect that of a mare of this quality," he said.
"She is a granddaughter of Galileo, out of a mare by Danehill, out of an international family that has proven itself in Australasia and around the world, you would have to think she satisfies all the criteria that people look for."
Koolman also expects global interest for the 4-year-old, but points to the recent record-breaking broodmare sales in Sydney and the Gold Coast as evidence of the strength of the local buying bench.
"It was internationals that fought it out when it was Youngstar's turn in the ring but having said that, the real money is here in Australia at the moment. Our industry seems to be the envy of everyone and we are quite confident she will stay on our shores," he said.
Guy Mulcaster and Olly Koolman | Image courtesy of Bronwen Healy
A Digital endorsement
The growth in the Inglis Digital platform and the way in which Inglis handled the virtual and digital sales formats during last year's COVID-19 shutdowns has impressed Koolman. He and the other owners, which include Inglis Deputy Chairman Arthur Inglis, have every faith Funstar will realise her full value.
"They have really shown themselves as leaders in the game. Obviously, we are close to the Inglis family and they are part of the ownership group of Funstar, but I'm honoured to think we can produce a horse and sell it on the Digital platform to show everyone how well it can work," Koolman said.
"If she realises the sort of money that her half-sister did, she will be a record-breaker."
"If she (Funstar) realises the sort of money that her half-sister (Youngstar) did, she will be a record-breaker." - Olly Koolman
The previous record on the Inglis Digital platform was the $800,000 realised by Members Joy (Hussonet {USA}) at the Inglis June (Early) Sale, while the highest price achieved on any digital platform in Australasia is the NZ$1,202,500 paid by Daniel Nakhle and Darren Brady for Spanish Whisper (Lope De Vega {Ire}) on Gavelhouse Plus last October.
Hutch said that with the great opportunity to sell Funstar comes the responsibility to ensure she gets the best price and his team would leave no stone unturned in its bid to secure competition for her.
"It’s going to be contingent on us delivering a positive result or a result the market deems as a positive one. It’s a fantastic opportunity for us, but by the same token it comes with a certain degree of responsibility," he said.
"We have had fantastic results with lesser-credentialled race fillies and mares. At our Digital Sale this week we had fillies sell for up to $320,000 and the Sale prior up to $355,000. They were race fillies who were stakes winners or stakes placed, but to offer a filly like Funstar is stepping into another league all together.
"The $800,000 for Members Joy was an indication of the capacity of the platform to achieve those sorts of results but Funstar will be the next test of it. I would say with a fair degree of confidence, a very big result is in the offing."
The Funstar news comes off the back of a very successful June (Late) Online auction, which concluded on Wednesday and grossed just short of $6 million. It was confirmed on Thursday that Randwick Bloodstock and Bellview Park had paid $220,000 for stakes-placed Gem Of Scotland (Rothesay), who had initially passed in short of her reserve.