News

Blue Riband features on robust day two of Melbourne Premier

4th Mar 2013

Local, interstate and overseas buyers spent $13.2 million on 152 lots during the second day of the 2013 Inglis Melbourne Premier Yearling Sale which featured the successful running of the inaugural ‘Blue Riband’ Session.

“The Blue Riband session was a huge success, recording a clearance rate of 85% and an average price of $116,564,” said Inglis Managing Director Mark Webster.

“It was great to see so much competition on yearlings bred to excel over middle and staying distances, with buyers from Victoria, New South Wales, South Africa and Singapore purchasing from this new concept.

“Athletic yearlings by both proven and young sires have been extremely popular and we hope that all buyers are able to experience the outstanding racetrack results that horses from Melbourne are well renowned for ,” Webster said.

The overall average price for the sale has risen to $80,888 which is a 5 percent increase on the corresponding figure at the end of Day Two last year. 75% of all lots offered have been sold.

Inglis’ video wrap of the day’s proceedings can be viewed on Inglis TV

Fastnet Rock has been the sire of the top priced lot at Melbourne Premier the last two years and Lot 261 (pictured) has put the super stallion in the box seat to make it three in a row when selling for $450,000 to Australian Thoroughbred Bloodstock / McKeever Bloodstock from the draft of Esker Lodge.

Four other lots also sold for $300,000 or more today. David Hayes snapped up two yearlings by Fastnet Rock; Coolmore Stud’s colt from Arborea (Lot 188) for $340,000 and Musk Creek Farm’s filly from Sarah Vee (Lot 176) for $300,000.

Rockmount was pushed to $310,000 to secure Supreme Thoroughbreds’ colt by New Approach from Expensively that was offered as Lot 201. Spicer Thoroughbreds paid $300,000 for Lot 165, Lauriston Thoroughbred Farm’s filly by Snitzel from Acceleration.

Photos of today’s top lots can be viewed on Inglis’ Facebook page InglisBloodstock

David Hayes heads the buyers list at the sale having signed for 6 yearlings for $1,070,000.

Other buyers to have purchased 5 or more yearlings over the past two days include Triple Crown Syndications, Ricky Yiu, Form Bloodstock, Mick Price, Heritage Bloodstock and McDonald Racing.

Victorian trainers have had plenty of competition from interstate and overseas throughout the sale with 28 yearlings purchased by buyers from South Africa. Hong Kong (9 lots), New Zealand (4), Singapore (3), Japan (1) and every state and territory in Australia also feature in the buyers list.

Three Bridges head the vendors by aggregate having sold 14 yearlings for $1,408,000. Eliza Park, Supreme Thoroughbreds and Swettenham Stud have each also sold more than $1 million worth of yearlings at Oaklands over the last two days.

Complete vendor, buyer and sire statistics for today’s session can be viewed at www.inglis.com.au

Horses passed in during today’s session are available for sale via the Inglis Make-An-Offer Service.

Day Three of the 2013 Melbourne Premier Yearling Sale starts at the earlier time of 10:30am tomorrow, with Inglis TV Live and Online Bidding again available for those not able to make it to Oaklands.

Sale Statistics
(2012 in brackets)

Lots Catalogued: 354 (410)
Gross: $19,250,662 ($21,400,000)
Average Price: $80,885 ($76,889)
Median Price: $65,000 ($65,000)
Top Price: $450,000 ($500,000)
Lots Sold: 238 (278)
Lots Withdrawn: 35 (50)
Lots Passed In: 81 (82)
Sold %: 75 (77)