Cover image courtesy of Inglis
At A Glance
The Day 1 average soared to $127,271, up $26,000 on the first day last year, while a record day's trade saw $26,345,000 in sales (up from $22.2 million last year), with a median of $110,000 ($80,000) and a clearance rate of 85 per cent (92 per cent).
Newgate stallions led the way in terms of total spend with Capitalist (12 sold) and Russian Revolution (13 sold) both on $2.125 million, and average with Extreme Choice (four sold) on $308,750.
Kavanagh Racing stepped up as the day's biggest spender, with $1.49 million spent across 12 lots, ahead of James Harron Bloodstock, with $1.36 million spent across three purchases.
Newgate continued its strong start to the 2022 sales season with $2.635 million in Day 1 sales across 17 lots, with Sledmere Stud second on $2.1 million.
Bell River Thoroughbreds was the leading vendor by average, on $240,833 across its six sales, which included the Sale-topper, the Extreme Choice colt purchased by James Harron Bloodstock Colt Partnership.
Bon Ho struck late in the session to secure a Deep Field colt for $550,000, while Baystone secured an I Am Invincible colt on behalf of Ultra Thoroughbreds for $480,000.
Harron on the Bell for Extreme colt
A price of $775,000 smashed the highest price paid at the Inglis Classic Yearling Sale when an Extreme Choice colt from Murtle Turtle (Murtajill) stepped off centre stage at the Riverside complex in what has proved to be a perfectly executed plan by Bell River Thoroughbreds' Ferguson family.
James Harron Bloodstock's colt partnership went well past the previous record, the $625,000 paid for the Capitalist colt, the unraced Capital Theatre, from the Kitchwin Hills draft to George Moore Bloodstock and Team Moore Racing, last year.
It was an outstanding return on the $220,000 that Bevan Smith and Ferguson Bloodstock had paid for the colt at the Magic Millions National Weanling Sale last year, when offered by Kenmore Lodge.
“It’s really exciting, it’s really rewarding," said James Ferguson immediately after the sale of Lot 100 to James Harron was sealed.
“We all know that we all work hard and put in the hours to get these results but to pull off a plan that we had in place, not only for me and the family itself, but the staff that we have at home also, they’re the backbone of our business," added Ferguson.
“Mum (Georgie) did the shortlist and I remember I was still at home, then when I got there off the farm she said there’s only one that I want to buy and that was him," Ferguson said. “She told me she knew that in the first two strides of seeing him."
"We all know that we all work hard and put in the hours to get these results but to pull off a plan that we had in place, not only for me and the family itself, but the staff that we have at home also, they’re the backbone of our business." - James Ferguson
The colt's dam, Murtle Turtle, was twice stakes-placed and has produced three winners, Hurtle (Capitalist) Time For Love (Deep Field) and the recent Warwick Farm winner California Deeply (Deep Field).
Murtle Turtle, who produced a Shalaa (Ire) colt last year before visiting Pierro, now resides at Merricks Station, who purchased her for $180,000 in 2021.
Choice option
But it was the sire which attracted Harron, with Lot 100 one of just 14 colts from the third crop of Champion First Season Sire, Extreme Choice.
Extreme Choice's remarkable start to his career has seen him produce six stakes winners from just 33 runners to date, highlighted by G1 Golden Slipper S. winner Stay Inside.
Stay Inside | Image courtesy of Ashlea Brennan
“There are very few of them around and we really wanted to add one to the group for our colts partnership. We had a good look at him, I was really impressed by the horse and I am delighted to get him," said Harron.
“You start to learn about certain breeds and I think he was very typical of what we have seen of the good Extreme Choices. He had a really masculine head, fantastic depth of girth, medium size, but a very good-moving horse.
"You start to learn about certain breeds and I think he was very typical of what we have seen of the good Extreme Choices." - James Harron
“He’s got a wonderful attitude and that’s all you keep hearing from people about the good Extreme Choices, just how wonderful their attitudes are. Not A Single Doubts, his sire, were also very unflappable types of horses and trainers love them."
Harron said the colt could have gone to any sale in Australia and done very well.
“The fact that they’ve brought him here, I guess it was nearly a full circle for them, having bred, offered and sold Extreme Choice here (at Classic), so I am sure it was part of their plan to get back here where they’ve had that success," Harron said.
Harron also purchased the third highest-priced lot of the day, with his colt partnership going to $375,000 to secure Lot 122, a colt by Capitalist from the draft of Newgate.
Lot 122 - Capitalist x One More Tequila (colt) | Image courtesy of Inglis
Harron purchased Capitalist himself as a yearling and has proven quite the fan of his early crops, buying nine yearlings across 2020 and 2021.
This colt is out of the three-time winner Onemoretequila (Onemorenomore), a daughter of Listed winner Tequila Knowledge (Knowledge) out of the family of Italian Champion Mariella (GB) (Sir Gaylord {USA}).
Harron also paid $210,000 by another sire he had purchased as a yearling, Pariah, with Lot 211 a colt offered by Redbank North/Huntworth Stud out of the prolific winner Rose Of Falvelon (Falvelon).
Growth upon growth
Inglis CEO - Bloodstock Sales, Sebastian Hutch, said the record start to the Sale had been very satisfying and was growth that was hard to imagine possible given it comes on the back of 23 per cent growth at last year’s Classic Sale.
“There were some really important horses sold today, obviously a new record price for the Sale and that was a particular objective for the Sale,’’ he said. “We felt like we could break the record.
“Fundamentally, you’re just happy to see people who support the Sale achieve some fantastic results and similarly have, almost without exclusion, all the biggest names in Australian racing participating at the buying side of things.’’
“Fundamentally, you’re just happy to see people who support the Sale achieve some fantastic results and similarly have, almost without exclusion, all the biggest names in Australian racing participating at the buying side of things.’’ - Sebastian Hutch
The clearance rate sat at around 85 per cent at the close of play but Hutch expected that to rise significantly as buyers looked for opportunities. He added the momentum from Classic 2021 was coming through.
“From a pragmatic perspective, to achieve any growth in this Sale with the same number of horses again, on the back of the year when you’ve grown 23.6 per cent was going to be difficult. But at this stage, we’re on track for genuinely significant growth in the Sale again. It’s a tremendous compliment to where the market sits.’’
Hutch made special mention of the record breaking Extreme Choice lot from Bell River Thoroughbreds.
Sebastian Hutch | Image courtesy of Inglis
“The Bell River draft is a very significant draft for this Sale. They have a great history with Inglis and it just seemed very fateful that they’d have an Extreme Choice colt that they’d bring to Classic with their best-ever draft at this Sale with the stallion having demonstrated himself to be a special stallion," he said.
“Having sold the horse themselves as a yearling and him going on to be a super star racehorse and a super star stallion and to now have a colt of his break a record at Classic, that took a huge amount of faith on their part to support the Sale in that manner."
Bon bids for Classique repeat
Bon Ho secured The Everest winner Classique Legend (Not A Single Doubt) out of this Sale five years ago, paying the top price of $400,000 and he was forced to edge to $550,000 to secure the one he liked most this time around, Lot 263, a Deep Field colt from the draft of Newgate Farm.
Lot 263 - Deep Field x Spellbinder (NZ) (colt) | Image courtesy of Inglis
Ho has been a major spender across Australian yearling sales in the past few years. With Deep Field proving such a success in his home base of Hong Kong, he won out in a determined battle, with the colt to be trained in Australia by Will Freedman.
"He was the best-looking horse at the Sale for me and there were some very good trainers as underbidders so I’m very pleased to get him. He was recommended to me by William Freedman, so he will be trained by William," he said.
"The market is very hot, the good-looking horses fetch a very good price. It’s very good for the vendors but for the buyers like myself, we have to pay more than our budget for the better ones," he said.
"The market is very hot, the good-looking horses fetch a very good price. It’s very good for the vendors but for the buyers like myself, we have to pay more than our budget for the better ones." - Bon Ho
Ho's Legend Racing had paid $650,000 for Group 3-winning 3-year-old Tiger Heart (Better Than Ready) at the Magic Millions Online Sale on Thursday and took its weekly spend into the seven-figure range, with $550,000 on this colt and another $220,000 on a Dundeel (NZ) colt, Lot 225, in partnership with Avenue Bloodstock.
The Deep Field colt, bred by SF Bloodstock and Hollymount Stud, is out of multiple stakes winner Spellbinder (NZ) (O'Reilly {NZ}), who was also Group 1-placed and has produced the recent winner Spellcatcher (Extreme Choice).
Spellbinder was purchased by Newgate for $200,000 in 2018 and had a Tassort colt last year before returning to the same stallion.
Stallion ambitions with Vinnie colt
Baystone's Dean Harvey purchased the top-priced I Am Invincible colt on the opening day, with Lot 140, who was offered by Yarraman Park Stud, headed to Victoria to Troy Corstens, secured for $480,000.
Lot 140 - I Am Invincible x Pierro Moss (colt) | Image courtesy of Inglis
Harvey was buying as part of a partnership with Sean Buckley's Ultra Racing with a long-term view to the colt's potential as a stallion
"He's (Buckley) got Shamus Award going really well at the moment, and he's looking for other colts to suit some fillies by Shamus Award," Harvey said.
"He's by the premier stallion in the country from a great family, so he fit the bill exactly for what he is looking for."
"He's (Lot 140) by the premier stallion in the country from a great family, so he fit the bill exactly for what he (Sean Buckley) is looking for." - Dean Harvey
Lot 140 is out of Pierro mare, Pierro Moss, who is an unraced daughter of Listed winner Upon This Rock (Fastnet Rock). She is a blood-sister to Group 1 winner Comin' Through and is closely related to multiple Group 1 winner Criterion (NZ) as well as Kingstar Farm stallion Bull Point.
"Troy Corstens will train him," Harvey confirmed. "He'll head off to Kolora Lodge in Queensland, make the trip up there, get broken in and come home and start off with Troy. Hopefully we are winning the Millennium next year."
This colt was bred by Gall Bloodstock, who were the original owners of his sire, I Am Invincible, who was purchased out of this Sale in 2006. They secured Pierro Moss for $80,000 through the Inglis Australian Broodmare Sale in 2019.
I Am Invincible | Standing at Yarraman Park Stud
It was Baystone's only purchase of the day in its own name, although it did pay $90,000 for a Maurice (Jpn) filly, Lot 156, in partnership with Paul Preusker.
"It’s been really strong, I expected it to be strong after the first Sale in January, It was always going to follow on from that. They are well sought after, the top lots, and it carries through to the middle market," Harvey said.
Ridgmont and Ryan make their mark
A new vendor met an emerging buyer for the day's top-priced filly, Lot 215, with Blake Ryan Racing paying $360,000 for an American Pharoah (USA) filly out Snitzel mare Royal Fashion, the first offering from Ridgmont Farm.
Lot 215 - American Pharoah (USA) x Royal Fashion (filly) | Image courtesy of Inglis
Director Andrew Dunemann said the farm’s first sale could not have gone much better.
“It was awesome, getting $360,000 for our first-ever horse was pretty exciting. There were a lot of illustrious underbidders as well," Dunemann said.
“I just hope now the horse can go and put Blake on the map as a trainer. He’s a good guy and a great horseman and I know he’ll be selling shares in it.
“I just hope now the horse (Lot 215) can go and put Blake (Ryan) on the map as a trainer. He’s a good guy and a great horseman and I know he’ll be selling shares in it." - Andrew Dunemann
“You don’t get a better physical than what she was. If she can’t run, you probably give the game away."
The filly, whose dam, Royal Fashion, was Group 3-placed and is a half-sister to stakes winner Alpine Eagle and Every Faith (Not A Single Doubt), was very popular.
“She had 30 x-ray hits and she was out at least 200 times over the five days and averaged 55 inspections on the last three days," Dunemann said. “You look at her and she was just basically a Snitzel. A lot of people came down and said she was the best-looking Snitzel they’d seen in a long time."
Ryan, who specced the filly on his strong impression, said the purchase of Lot 215 felt like a statement for his stable.
"I came here and I saw her and I thought I don’t want to go home without her," he said.
"I came here and I saw her (Lot 215) and I thought I don’t want to go home without her." - Blake Ryan
"A young trainer like me, I need a sharp filly that is hopefully going to put us on the map and get us there early, hopefully, she can be a Gimcrack or Millennium filly next year."
Price is right for Dundeel colt
Earlier in the day, Mick Price went to $320,000 to secure Lot 40, a colt by Dundeel (NZ) out of Lures (Flying Spur), the sister to Group 1-winning mare Alverta, from the draft of Arrowfield Stud.
Lot 40 - Dundeel (NZ) x Lures (colt) | Image courtesy of Inglis
“He’s a lovely colt and you’ve got to pay," said Price. “Annabel Neasham was chasing me up being the underbidder, so you’ve got a good judge on him.
"I love buying Arrowfield horses because they keep producing Group 1 horses off that farm, and he’s got a good page on him. I think he’s a racey, running, later 2-year-old, early spring 3-year-old type. He looks like he’s going to be a 1200 to 1600-type colt and I think he’s got a lot of quality and a lot of athleticism about him."
"I think he’s (Lot 40) a racey, running, later 2-year-old, early spring 3-year-old type. He looks like he’s going to be a 1200 to 1600-type colt and I think he’s got a lot of quality and a lot of athleticism about him." - Mick Price
Price said he would have his eye on Dundeel colts across the Sale.
“I dig the colts in particular, Super Seth being a lovely colt, and Castelvecchio…so I’m going to chase a few Dundeel colts," he said.
“I’ll be trying to buy a good Group 1 colt. But I couldn’t have done much better in this Sale to buy off that farm, by that page, out of that stallion for that particular type of colt. Pretty happy, so we’ll get him sold, get him done, get some colours on him and away we go."
Day 2 of the Inglis Classic Sale starts at 10am (AEDT) on Monday.
Top lots
100 | Extreme Choice | Murtle Turtle | C | Bell River Thoroughbreds, Glen William | James Harron Bloodstock Colt Partnership NSW | $775,000 |
263 | Deep Field | Spellbinder | C | Newgate Farm, Aberdeen | Legend Racing HONG KONG | $550,000 |
140 | I Am Invincible | Pierro Moss | C | Yarraman Park Stud, Scone | Baystone Farm, VIC | $480,000 |
122 | Capitalist | One More Tequila | C | Newgate Farm, Aberdeen | James Harron Bloodstock Colt Partnership NSW | $375,000 |
215 | American Pharoah | Royal Fashion | F | Ridgmont Farm, Segenhoe | Blake Ryan Racing Pty Ltd NSW | $360,000 |
40 | Dundeel | Lures | C | Arrowfield Stud, Scone | MG Price Racing & Breeding PtyLtd VIC | $320,000 |
75 | Savabeel | Miracle Miss | C | Sledmere Stud, Scone | G Waterhouse/ A Bott/ Kestrel NSW | $320,000 |
203 | Russian Revolution | River Vixen | C | Sledmere Stud, Scone | Sweetbriar Equine Pty Ltd WA | $300,000 |
150 | Tivaci | Popular | C | Sledmere Stud, Scone | Nick Ryan Racing VIC | $280,000 |
201 | Exosphere | Rewaaya | F | Sledmere Stud, Scone | Suman Hedge Bloodstock Pty Ltd (FBAA) VIC | $280,000 |
Top buyers
Kavanagh Racing | 12 | $1,490,000 | $124,167 | $220,000 |
James Harron Bloodstock Colt Partnership | 3 | $1,360,000 | $453,333 | $775,000 |
Annabel Neasham Racing / B McGuire | 6 | $880,000 | $146,667 | $200,000 |
Bjorn Baker Racing / Clarke Bloodstock (FBAA) | 4 | $710,000 | $177,500 | $240,000 |
G Waterhouse / A Bott / Kestrel | 4 | $660,000 | $165,000 | $320,000 |
McEvoy Mitchell Racing / Belmont Bloodstock (FBAA) | 3 | $630,000 | $210,000 | $250,000 |
Baystone Farm | 2 | $555,000 | $277,500 | $480,000 |
Legend Racing | 1 | $550,000 | $550,000 | $550,000 |
Snowden Racing / William Johnson Bloodstock (FBAA) | 3 | $470,000 | $156,667 | $200,000 |
Trilogy Racing / CB Bloodstock | 4 | $435,000 | $108,750 | $200,000 |
Vendors by aggregate
Newgate Farm, Aberdeen | 17 | $2,635,000 | $155,000 | $550,000 |
Sledmere Stud, Scone | 12 | $2,100,000 | $175,000 | $320,000 |
Yarraman Park Stud, Scone | 12 | $1,825,000 | $152,083 | $480,000 |
Widden Stud, Widden Valley | 14 | $1,580,000 | $112,857 | $220,000 |
Bell River Thoroughbreds, Glen William | 6 | $1,445,000 | $240,833 | $775,000 |
Lime Country Thoroughbreds, Blandford | 8 | $1,055,000 | $131,875 | $200,000 |
Arrowfield Stud, Scone | 5 | $1,040,000 | $208,000 | $320,000 |
Valiant Stud, Aberdeen | 6 | $605,000 | $100,833 | $150,000 |
Gooree Park Stud, Mudgee | 5 | $600,000 | $120,000 | $200,000 |
Redbank North/Huntworth Stud, Harden | 6 | $570,000 | $95,000 | $210,000 |
Vendors by average (3 or more sold)
Bell River Thoroughbreds, Glen William | 6 | $240,833 | $1,445,000 | $775,000 |
Arrowfield Stud, Scone | 5 | $208,000 | $1,040,000 | $320,000 |
Sledmere Stud, Scone | 12 | $175,000 | $2,100,000 | $320,000 |
Torryburn Stud, Torryburn | 3 | $156,667 | $470,000 | $180,000 |
Newgate Farm, Aberdeen | 17 | $155,000 | $2,635,000 | $550,000 |
Yarraman Park Stud, Scone | 12 | $152,083 | $1,825,000 | $480,000 |
Tyreel Stud, Agnes Banks | 3 | $148,333 | $445,000 | $250,000 |
Edinglassie Stud, Muswellbrook | 3 | $140,000 | $420,000 | $240,000 |
Riversdale, Scone | 3 | $133,333 | $400,000 | $160,000 |
Newhaven Park, Boorowa | 4 | $132,500 | $530,000 | $220,000 |
Sires by aggregate
Capitalist | 12 | $2,125,000 | $177,083 | $375,000 | $155,000 |
Russian Revolution | 13 | $2,125,000 | $163,462 | $300,000 | $160,000 |
So You Think | 9 | $1,385,000 | $153,889 | $280,000 | $140,000 |
Deep Field | 7 | $1,330,000 | $190,000 | $550,000 | $170,000 |
Extreme Choice | 4 | $1,235,000 | $308,750 | $775,000 | $155,000 |
I Am Invincible | 4 | $930,000 | $232,500 | $480,000 | $170,000 |
Dundeel | 5 | $870,000 | $174,000 | $320,000 | $150,000 |
Hellbent | 8 | $865,000 | $108,125 | $200,000 | $125,000 |
Harry Angel | 8 | $830,000 | $103,750 | $200,000 | $92,500 |
Trapeze Artist | 5 | $770,000 | $154,000 | $220,000 | $140,000 |
Sires by average (3 or more sold)
Extreme Choice | 4 | $308,750 | $1,235,000 | $775,000 |
I Am Invincible | 4 | $232,500 | $930,000 | $480,000 |
Deep Field | 7 | $190,000 | $1,330,000 | $550,000 |
American Pharoah | 3 | $190,000 | $570,000 | $360,000 |
Capitalist | 12 | $177,083 | $2,125,000 | $375,000 |
Dundeel | 5 | $174,000 | $870,000 | $320,000 |
Pierro | 3 | $166,667 | $500,000 | $200,000 |
Russian Revolution | 13 | $163,462 | $2,125,000 | $300,000 |
The Autumn Sun | 4 | $160,000 | $640,000 | $250,000 |
Pariah | 4 | $155,000 | $620,000 | $220,000 |