Cover image courtesy of Inglis
At A Glance
The Premier Session average soared 13.8 per cent year-on-year to $158,457, while the median leapt to 140,000 (up 33.3 per cent), with a clearance rate of 88 per cent on par with last year.
Overall spending at the Sale across both books jumped to over $85 million, up from $72 million last year.
The leading sire in the Premier Session on aggregate was Swettenham Stud's Toronado (Ire), who had $4.835 million of sales, leading a trifecta for sons of High Chaparral (Ire) ahead of Dundeel (NZ) and So You Think (NZ). The top sire by average was I Am Invincible on $439,286.
Widden Stud claimed the title of top vendors for the first time, with $5.3 million of sales, deposing Blue Gum Farm, which was second. Gilgai Farm led vendors on average on $317,500.
Ciaron Maher Bloodstock was the biggest spender on the Premier Session, with $2.04 million across 11 lots, while Lindsay Park purchased the most horses, 12.
Belmont Bloodstock's (FBAA) Damon Gabbedy paid $340,000 for Lot 430, a colt by Nicconi whose sale was delayed from Monday following a mishap.
Boomer Bloodstock's (FBAA) Craig Rounsefell went to the same price for a Zoustar colt, Lot 572, on behalf of the Hong Kong Jockey Club.
The top lot in the Showcase Session was a Preferment (NZ) colt, Lot 669, purchased by Clinton McDonald for a record $270,000.
Record results a boost for Inglis
A record three days of trading at Oaklands Junction continued the remarkable start to the Australian yearling sales season, living up to lofty pre-Sale expectations, fuelled by an extraordinarily strong buying bench which featured 13 buyers spending more than $1 million.
Sebastian Hutch, CEO, Inglis Bloodstock, and his team were very much aware of the high expectations set by the 2022 market and the record results of last year and was delighted with how strong the Sale has been.
Sebastian Hutch | Image courtesy of Inglis
"The market’s been extremely strong throughout the year and we were looking at that in the context that the Sale was up 26 per cent last year, that’s an extraordinary jump, and we’re talking about a Sale with significant turnover," he said.
"The turnover (for Premier Session) was $72 million, we’re not talking about a small sale where the figures can be a little bit distortionary in terms of growth. It’s a significant volume of money, so the growth that looks like being achieved here is a massive number again.
"It’s a compliment to the support we’ve had from vendors, the confidence that the buyers have in the market we create here and the horses that vendors offer here. The important thing for us is the success of this Sale has been built on the success of graduates and the quality of stock, fundamentally."
"The important thing for us is the success of this Sale has been built on the success of graduates and the quality of stock, fundamentally." - Sebastian Hutch
While market demand undoubtedly powered the growth, Hutch is confident that the quality of graduates can live up to the expectations of previous years.
“We feel there’s really nice horses here and hopefully they go on and win good races. Last year’s Sale has produced a host of stakes-winning 2-year-olds already and hopefully we’re having the same conversation in 12 months’ time about the Sale having produced more really good horses," he said.
“It is very simple in many respects: you want to try and get the best horses to the complex and then get as many buyers as we can to try and work through those horses. We’re very self critical, we want to improve all the time, we take great satisfaction from the fact that we have made significant progress in the past two years across each of our sales."
Nicconi colt makes Gabbedy wait
Lot 430, the Nicconi colt from Maluka Thoroughbreds, was due to sell on Monday, but a mishap in his box saw his sale pushed back to the end of the Premier Session.
Damon Gabbedy of Belmont Bloodstock (FBAA), bidding on behalf of an undisclosed client, was happy to wait until he eventually went through the ring, paying the final day's equal top price for the colt, $340,000.
Lot 430 - Nicconi x Clearwater Bay (colt) | Image courtesy of Inglis
He is a brother to Lankan Star, the Nicconi filly who was second in the G1 Blue Diamond S., out of Stratum mare Clearwater Bay, who won three races and hails from the Aga Khan's 'K' family.
"He was bought for a client who wants to remain anonymous at this stage but I have dealt with him for a long time, so we’re thrilled to be able to get the horse," Gabbedy said.
“There was a bit of bad luck that happened with him being cast in the box but certainly didn’t seem to affect the price he brought, did it?
“There was a bit of bad luck that happened with him (Lot 430) being cast in the box but certainly didn’t seem to affect the price he brought, did it? " - Sebastian Hutch
“We like the proven mares. She’s had three to the races for three winners and Lankan Star is Group 1-placed, a full-relation, of course, and Nicconi is a great sire. He is a big, strong colt much in the mould of Nature Strip, so we’ll be dreaming of him, of course."
Indeed, it was his size that struck Gabbedy when he inspected him through Maluka ahead of the Sale.
“He is a big horse, he’d be 15.3hh already and he is a beautiful mover, a really loose mover. I looked at him two or three times and he put his head down with a great attitude. He’s a bigger, stronger type of Nicconi," he said.
It was the best result of the Sale for Maluka Thoroughbreds, who sold 12 horses in the Premier Session for $1.76 million. The colt was offered on behalf of Janahan Rajakulendran's Monsoon Bay Pty Ltd.
Nicconi | Standing at Widden Victoria
Maluka's Luke Anderson was happy to have got the Sale done after a bit of a stressful 24 hours.
"It was a bit of a drawn out process. Yesterday with him being cast and injured, delayed the process. The team worked really hard to get him through the ring, so that was a great result," he said.
"We were asked by the owners to prepare him for the Sale. He's been with us since October and we did the prep with him. He's just one of those beautiful, bombproof colts that dealt with everything so well."
Clearwater Bay produced a colt by Yes Yes Yes last November and was then given a year off.
Mags and Luke Anderson | Image courtesy of Maluka Thoroughbreds
Hong Kong destination for son of Zoustar
Yearlings out of New Zealand mares have proven popular this week, with three of the top five lots out of Kiwi mares and for the second time this week, Craig Rounsefell of Boomer Bloodstock was happy to buy a well-regarded colt of that profile for the Hong Kong Jockey Club.
Lot 572, by Zoustar out of Group 3 winner Honey Rider (NZ) (Pins), was offered by Widden Stud and drew a successful bid of $340,000 from Rounsefell, with a view to him being offered through the Hong Kong International Sale.
"He's obviously a beautiful colt, really well-balanced. Zoustar has done well in Hong Kong. He's a proven sire, but a younger proven stallion on the way up. He was high on our hitlist, He was out of a young fast, Group 3-winning mare that is by Pins, and I was absolutely delighted to get him," Rounsefell said.
"He's (Lot 572) obviously a beautiful colt, really well-balanced. Zoustar has done well in Hong Kong. He's a proven sire, but a younger proven stallions on the way up." - Craig Rounsefell
Honey Rider, who won the G3 Gold Trail S. for Murray Baker and Andrew Forsman, is from the family of G1 Telegraph H. winner Adventador (NZ) (Fast 'N' Famous), G3 Newcastle Gold Cup winner Winning Glory (NZ) (One Cool Cat {USA}) as well as G1 Melbourne Cup and Caulfield Cup winner Viewed (Scenic {Ire}).
"He's a good broodmare sire Pins and obviously that family has that Kiwi influence. We will be shopping at Karaka next week. It’s a good, speedy fast mare and Zoustars like fast ground, so hopefully this colt will do well," he said.
"He was very busy all week, in fact all our horses were very busy here all week. He was very well-found as a result," Widden Stud's Antony Thompson said.
Lot 572 - Zoustar x Honey Rider (NZ) (colt) | Image courtesy of Inglis
"He’s a beautiful colt, there were a few on him and I’m thrilled he ended up with Boomer, he’s a fantastic judge of a yearling."
Honey Rider, who is now owned by Widden Stud, missed in 2020 before visiting Trapeze Artist.
That result sewed up a first title for Widden Stud as leading vendor at this Sale.
"It’s a great honour to be leading vendor. We did have a large draft of horses and while it’s not something we specifically target, it’s definitely a great thrill for the farm and for the staff who have done a lot of hard work to get these yearlings here in the way that they have," he said.
"It’s a great honour to be leading vendor. We did have a large draft of horses and while it’s not something we specifically target, it’s definitely a great thrill for the farm and for the staff who have done a lot of hard work." - Antony Thompson
"I’m very happy with the results for ourselves and our clients. The job that the Inglis team has done assembling a buying bench of the highest order has been fantastic. They’ve really upped the ante with the vibe and the feel of the Oaklands complex, it’s been a lot of fun."
Machine fires up Griffiths/de Kock
Robbie Griffiths and Mathew de Kock were among the busiest buyers of the week, with 13 total purchases in the Premier Session across various partnership together with their bloodstock advisor Peter Ford.
Lot 585, the colt from the first crop of Aquis' sire Lean Mean Machine from Blue Gum Farm, was always well anticipated in the market and the Cranbourne-based partnership had to fight hard to get him, eventually with a final bid of $300,000.
The colt, bred by Lisa Riley from Stratum mare Innocent I Am, took the eye of the Griffiths-de Kock team and they were determined to get him back to their Cranbourne stables.
"He looked like a Group 1 horse. Mat and I and Mat's dad Mike de Kock and Peter Ford loved him all week. We had to have him," Griffiths said.
"He looks a fast horse, from a fast family, and he's got the bone and muscle and presence. Every time we had him out of the box, he was the same every time. Big, strong step, well-balanced, well-grown and he looks like he will run straight away."
"He (Lot 585) looks a fast horse, from a fast family, and he's got the bone and muscle and presence. Every time we had him out of the box, he was the same every time. Big, strong step, well-balanced, well-grown and he looks like he will run straight away." - Robbie Griffiths
Griffiths expected strong competition for the colt, whose dam is a half-sister to stakes winners Innocent Gamble (Elvstroem) and Viking Legend (Elvstroem).
"We thought it would be a pretty savage contest. We actually thought we might have to pay more So we weren't surprised that it was fierce," he said.
"We are serious about having a crack, that is what we have been doing since the partnership started. We are fair dinkum about getting the right horses to get into the big races and that is what it is all about."
Innocent I Am visited Lean Mean Machine, who now serves in Queensland after two years in Victoria.
Lean Mean Machine | Standing at Aquis
Kennewell prevails after Extreme drama
Lot 309, the Extreme Choice colt from the draft of Musk Creek Farm, found plenty of trouble on his way to his new owner, Kennewell Racing/Group 1 Bloodstock and H and H Bloodstock, who eventually landed him for $280,000.
The colt had injured himself earlier in the Sale requiring him to be sold on Tuesday rather than Monday, and then there was further complications when he was initially knocked down for $300,000, only for it to be discovered that the bid had been incorrectly called.
Kennewell thought he had lost out as the $280,000 underbidder, but the bidding was reset, with the colt brought back into the ring, at $260,000. It took the Cranbourne-based trainer just the one extra bid to get him, and he is hoping that it may make a good story when the horse ends up pretty handy.
Lot 309 - Extreme Choice x Wahini Miss (NZ) (colt) | Image courtesy of Inglis
"They’re sought-after commodities, the Extreme Choices, there’s not many of them. I think he’s the last colt to go through a Sale this year by that stallion. We liked him at a price. We tried to bring the price back a little bit after the dilemma but it was good to get him," he said.
Kennewell said he had no concerns about the setback the colt suffered through the Sale.
“He’s a nice physical, he looks an early running 2-year-old, he’s obviously just had a bit of a foot abscess. Our vet went over him and he’s fine. The farm’s great, Musk Creek are guaranteeing him for 30 days, they’ll take him home and make sure his right, then we’ll get him broken in. He looks an early-running type," he said.
“He’s (Lot 309) a nice physical, he looks an early running 2-year-old, he’s obviously just had a bit of a foot abscess. Our vet went over him and he’s fine. The farm’s great, Musk Creek are guaranteeing him for 30 days, they’ll take him home and make sure his right." - Lloyd Kennewell
“We obviously were on him the whole sale and I said to the boys, ‘I’ll buy him off you privately if he doesn’t make it through the ring today,’ but he got through. We’ve been limited with the horses we’ve got at this Sale but we’ve got three really nice horses now, so we’re really happy."
The colt is out of Ocean Park (NZ) mare Wahini Miss (NZ), the three-quarter sister to G1 Wellington Guineas winner Sacred Park (NZ) (Thorn Park), Owned by Taj Farm, Wahini Miss has not had a foal since this colt but visited Divine Prophet last year.
Later in the day, Clinton McDonald set a new Showcase Session record when paying $270,000 for Lot 669, a Preferment colt from the draft of Rushton Park.
Lot 669 - Preferment (NZ) x Sea Spray (colt) | Image courtesy of Inglis
The New Zealand foaled colt, bred by Mystery Downs, is out of stakes-placed Von Costa De Hero mare Sea Spray.
The Showcase Session saw over $8 million worth of yearlings sold at an average of $51,340 and at a clearance rate which stood at 85 per cent when the hammer dropped on the final lot.
Inglis' attention now turns to conducting its iconic Easter Yearling Sale, which runs from April 5 to April 6 at the Riverside Stables in Sydney.
Top lots
572 | Zoustar | Honey Rider | C | Widden Stud, Widden Valley, NSW | Hong Kong Jockey Club HONG KONG | $340,000 |
430 | Nicconi | Clearwater Bay | C | Maluka Thoroughbreds, Avenel, VIC | Belmont Bloodstock Agency (FBAA) | $340,000 |
585 | Lean Mean Machine | Innocent I Am | C | Blue Gum Farm, Euroa | Griffiths de Kock Racing/ Peter Ford Thoroughbreds (FBAA) VIC | $300,000 |
309 | Extreme Choice | Wahini Miss | C | Musk Creek Farm, Flinders | Kennewell Racing/ Group One Bloodstock/ H And H Bloodstock VIC | $280,000 |
533 | Written Tycoon | Foxy Housewife | F | Shadow Hill Thoroughbreds, Avenel | P Karlsson NSW | $270,000 |
669 | Preferment | Sea Spray | C | Rushton Park, Tatura | Clinton McDonald Racing VIC | $270,000 |
571 | Written By | Holy Cow | C | Gilgai Farm, Nagambie | Hawkes Racing NSW | $260,000 |
561 | Lonhro | Hangin' Tough | F | Merricks Station, Merricks | Kennewell Racing/ Trilogy Racing VIC | $250,000 |
577 | Lean Mean Machine | I'm A Flying Star | C | Collingrove Stud, Murchison | Clinton McDonald Racing VIC | $240,000 |
559 | Dundeel | Gunawati | C | Kia Ora Stud, NSW | Robert Hickmott Racing VIC | $230,000 |
Top buyers
Ciaron Maher Bloodstock | 11 | $2,040,000 | $185,455 | $310,000 |
MG Price Racing & Breeding Pty Ltd | 10 | $1,945,000 | $194,500 | $360,000 |
Clinton McDonald Racing | 7 | $1,775,000 | $253,571 | $475,000 |
Lindsay Park Bloodstock Pty Ltd | 12 | $1,550,000 | $129,167 | $225,000 |
Legend Racing Pty Ltd | 4 | $1,520,000 | $380,000 | $550,000 |
Hawkes Racing | 4 | $1,285,000 | $321,250 | $675,000 |
Griffiths de Kock Racing / Peter Ford Thoroughbreds (FBAA) | 7 | $1,280,000 | $182,857 | $300,000 |
Annabel Neasham Racing / B McGuire | 6 | $1,240,000 | $206,667 | $260,000 |
Hong Kong Jockey Club | 3 | $1,190,000 | $396,667 | $550,000 |
TFI | 3 | $1,190,000 | $396,667 | $520,000 |
Vendors by aggregate
Widden Stud, Widden Valley, NSW | 27 | $5,322,500 | $197,130 | $950,000 |
Blue Gum Farm, Euroa | 25 | $4,790,000 | $191,600 | $350,000 |
Kulani Park, Goulburn Weir | 27 | $4,100,000 | $151,852 | $450,000 |
Supreme Thoroughbreds, Romsey | 18 | $2,885,000 | $160,278 | $370,000 |
Sledmere Stud, Scone, NSW | 17 | $2,640,000 | $155,294 | $360,000 |
Gilgai Farm, Nagambie | 8 | $2,540,000 | $317,500 | $675,000 |
Silverdale Farm, Avoca, NSW | 9 | $2,100,000 | $233,333 | $550,000 |
Merricks Station, Merricks | 9 | $1,935,000 | $215,000 | $400,000 |
Noorilim Park, Arcadia | 14 | $1,895,000 | $135,357 | $260,000 |
Yarraman Park Stud, Scone, NSW | 8 | $1,885,000 | $235,625 | $550,000 |
Vendors by average (3 or more sold)
Gilgai Farm, Nagambie | 8 | $317,500 | $2,540,000 | $675,000 |
Fernrigg Farm, Denman, NSW | 4 | $275,000 | $1,100,000 | $400,000 |
Yarraman Park Stud, Scone, NSW | 8 | $235,625 | $1,885,000 | $550,000 |
Silverdale Farm, Avoca, NSW | 9 | $233,333 | $2,100,000 | $550,000 |
Willow Park Stud, Scone, NSW | 7 | $217,857 | $1,525,000 | $550,000 |
Merricks Station, Merricks | 9 | $215,000 | $1,935,000 | $400,000 |
Musk Creek Farm, Flinders | 7 | $210,000 | $1,470,000 | $520,000 |
Kia Ora Stud, Scone, NSW | 5 | $208,000 | $1,040,000 | $320,000 |
Edinburgh Park Stud, Wingham, NSW | 5 | $204,000 | $1,020,000 | $300,000 |
Springmount, Romsey | 6 | $200,000 | $1,200,000 | $380,000 |
Sires by aggregate
Toronado | 29 | $4,835,000 | $166,724 | $460,000 |
Dundeel | 29 | $4,555,000 | $157,069 | $520,000 |
So You Think | 27 | $4,025,000 | $149,074 | $320,000 |
Deep Field | 18 | $3,705,000 | $205,833 | $520,000 |
I Am Invincible | 7 | $3,075,000 | $439,286 | $950,000 |
Snitzel | 10 | $3,065,000 | $306,500 | $550,000 |
Written Tycoon | 12 | $2,960,000 | $246,667 | $675,000 |
Zoustar | 13 | $2,690,000 | $206,923 | $430,000 |
The Autumn Sun | 15 | $2,540,000 | $169,333 | $260,000 |
Trapeze Artist | 15 | $2,200,000 | $146,667 | $280,000 |
Sires by average (3 or more sold)
I Am Invincible | 7 | $439,286 | $3,075,000 | $950,000 |
Snitzel | 10 | $306,500 | $3,065,000 | $550,000 |
Written Tycoon | 12 | $246,667 | $2,960,000 | $675,000 |
Nicconi | 3 | $243,333 | $730,000 | $340,000 |
Extreme Choice | 5 | $242,000 | $1,210,000 | $350,000 |
Savabeel | 4 | $240,000 | $960,000 | $270,000 |
Exceed and Excel | 9 | $236,667 | $2,130,000 | $420,000 |
Churchill | 4 | $215,000 | $860,000 | $250,000 |
Zoustar | 13 | $206,923 | $2,690,000 | $430,000 |
Russian Revolution | 10 | $206,500 | $2,065,000 | $370,000 |