News

Premier 2005 - Market Leaders

14th Feb 2005

The 2005 Premier Yearling Sale broke all previous records with 380 yearlings generating turnover of $22.3 million, making it the highest grossing sale of bloodstock ever held in Victoria.

Depth of talent at the top end of the market made all the difference, with 52 yearlings selling for $100,000 or better, a significant jump on last year when 33 yearlings cracked the $100,000 barrier.

Encosta de Lago accounted for 16 of the $100,000 plus sellers and Redoute’s Choice for three, but the remainder were spread evenly among the following sires: Bianconi (USA), Canny Lad, Commands, Danehill Dancer (IRE), Danewin, Danzero, Diatribe, Distant Music (IRE), Fantastic Light (USA), Fasliyev (USA), Fusaichi Pegasus (USA), Galileo (IRE), General Nediym, Grand Lodge (USA), King Cugat (USA), Langfuhr (Can), Octagonal, Pins, Postponed (USA), Royal Academy (USA), Rubiton, Scenic (USA), Show a Heart and Testa Rossa.

An outstanding clearance rate of 85% is additional testament to the surging popularity of this great sale, which has been on a sharp upswing in recent years. The aggregate figure has very nearly doubled since 2002 when 311 yearlings grossed $11.4 million.

William Inglis and Son wish to congratulate all of our vendors and thank the many buyers who helped to make the 2005 Premier Yearling Sale such a resounding success.

Top 10 Sire Averages (3 or more sold)

Sire Average Aggregate Top Price
Redoute's Choice $306,667 $920,000 (3) $340,000
Encosta de Lago $157,292 $3,775,000 (24) $480,000
Danzero $77,917 $467,500 (6) $100,000
Rubiton $74,633 $1,119,500 (15) $170,000
**Distant Music (USA) $71,250 $427,500 (6) $100,000
Rory's Jester $71,250 $285,000 (4) $90,000
Testa Rossa $70,500 $1,057,500 (15) $130,000
Flying Spur $64,500 $322,500 (5) $140,000
Grand Lodge (USA) $62,600 $313,000 (5) $110,000
**Golden Snake (USA) $62,000 $310,000 (5) $90,000

Arrowfield Stud based Redoute's Choice took the honours here with three youngsters selling at an average price of $306,667, highlighted by the colt from Luskin Jazz which went to trainer Rick Hore-Lacy on the first day of the sale for $340,000. A second Redoute's Choice colt from Opulence (GB) was initially passed in and then later purchased by Graeme Rogerson for $320,000.

Encosta de Lago made a massive contribution to the success of this sale with 24 yearlings grossing $3.7 million at an average price of $157,292. He provided the top priced colt ($480,000 from Classic Plume) and filly ($260,000 from Hermitage Lane (NZ)).

Formerly based at Blue Gum Farm in Victoria, Encosta de Lago now holds court at Coolmore Stud in the Hunter Valley where he covered some 208 mares last spring, his first book after departing from Blue Gum.

Distant Music (USA) did best of the first season sires with six yearlings averaging $71,250 highlighted by a chestnut colt from Factor (NZ) which made $100,000. Standing at Yallambee Stud in Victoria, Distant Music (USA) was the champion two year old of his generation and it will be no surprise to see his progeny up and running early.

Top 10 Buyers by Aggregate

Buyer Aggregate Top Price
Graeme Rogerson B'stock $1,430,000 (10) $320,000
G Waterhouse $950,000 (5) $300,000
Global T/bred Syndicate $640,000 (3) $480,000
M Price $555,000 (9) $110,000
Mark Pilkington B'stock $529,500 (9) $90,000
R Hore Lacy $515,000 (3) $340,000
P Perry $510,000 (4) $210,000
Jamieson Primary Producers Trust $489,500 (7) $120,000
Paul Moroney B'stock $485,000 (8) $90,000
R Griffiths $428,500 (6) $140,000

Graeme Rogerson took the top spot here as he did at last year's Premier Yearling Sale, with a sizable tally of 10 youngsters secured for the grand total of $1,430,000. Leading Sydney trainer Gai Waterhouse was also active with five purchases for $950,000 including three by Encosta de Lago.

Top 10 Vendors by Aggregate

Vendor Aggregate Average Top Price
Collingrove Stud $1,173,500 (18) $65,194 $480,000
Bellerive Stud $1,142,000 (10) $114,200 $340,000
Eliza Park $1,125,500 (17) $66,205 $300,000
Erinvale T/breds $904,000 (25) $36,160 $97,500
Riverslea Farm $885,000 (10) $88,500 $320,000
Blue Gum Farm $854,000 (21) $40,667 $85,000
Little Plains Stud $813,000 (8) $101,625 $220,000
Kilora $712,500 (10) $71,250 $200,000
Yallambee Stud $710,000 (11) $64,545 $130,000
Rubiton B'stock $700,000 (7) $100,000 $170,000

Collingrove Stud moved to the number one position on this table up from second place last year. Their success was highlighted by the sale-topping Encosta de Lago colt from Classic Plume, which made $480,000 to the bid of the Global Thoroughbred Syndicate.

New South Wales based Bellerive Stud enjoyed a terrific sale with 10 of their 11 yearlings selling at an average of $114,200 for gross receipts of $1,142,200. Redoute's Choice was their big winner with a colt ($340,000 from Luskin Jazz) and filly ($260,000 from Miss Behave).

Leading vendor by average was the small Victorian enterprise Kornong Stud Farm, which sold all three of their catalogued yearlings at an average of $181,667. Their popular trio included the sale's highest priced filly at $260,000, by Encosta de Lago from Hermitage Lane (NZ).