News

Book 2 wraps up successful Premier Yearling Sale

6th Mar 2019

The Melbourne Premier Yearling Sale concluded with Book 2 today, wrapping up an encouraging week of trade at Oaklands.

Matt and Brodie Becker of Stockwell Thoroughbreds offered the day’s top lot – a Denman x Red Magnum colt – on behalf of the horse’s breeders Doug North and Andrew Margan.

Aquis Farm purchased the colt (lot 720, pictured) for $115,000.

It capped off a successful Premier sale for Stockwell, who sold 10 of their 11 offerings.

“This is a genuine sale,’’ Brodie Becker said.

“Inglis has done a great job in getting the buyers here. If you have got the right horse then people have got good money for it.’’

Shane McGrath from Aquis said of the colt: "He’s an outstanding type who we thought would not have been out of place in Book 1.

“He was very well presented, had clean X-Rays, clean scope and clean vet and I can’t wait to see him in six months with a saddle on his back.’’

Book 2 ended with an average of $35,795.

Book 1 results of the Premier Sale continue to increase, with the clearance rate climbing to 85% due to several late sales of passed in lots.

To view the full results of the Premier Yearling Sale, CLICK HERE.

To view our Inglis TV story on the increased role of syndicators in the racing industry, CLICK HERE.

To view the Facebook Live daily review show, CLICK HERE.

Robbie Griffiths and Peter Ford were again active in Book 2, purchasing a further five lots to take their overall Premier buys to 16, leaving them as leading buyer.

One of those was lot 409, a Reset x Rememba Howe colt from Merrivale Farm, which has been confirmed as the Inglis/Herald Sun Win A Share In A Racehorse competition graduate.

Competition winner Caitlin Smith will enjoy a free 10% share of the colt, for which Inglis will pay the bills for the first two years.

Buyers' attention now switches to the Australian Easter Yearling Sale at Riverside on April 9 and 10, for which 450 outstanding yearlings have been catalogued.

To view the Easter catalogue, CLICK HERE.

2019 MELBOURNE PREMIER YEARLING SALE BOOK 2

(2018 in brackets)

Lots Sold: 156 (137)

Clearance Rate: 68% (74%)

Average Price: $35,795 ($39,540)

Median Price: $27,500 ($35,000)

Top Price: $135,000 ($150,000)

Gross: $5,584,000 ($5,417,000)

2019 MELBOURNE PREMIER YEARLING SALE BOOK 1

(2018 in brackets)

Lots Sold: 390 (432)

Clearance Rate: 85% (85%)

Average Price: $116,581 ($117,265)

Median Price: $90,000 ($100,000)

Top Price: $800,000 ($500,000)

Gross: $45,466,500 ($50,658,500)