News

Classic 2006 Review

13th Feb 2006

The Inglis Classic Yearling Sale continued onwards and upwards in 2006, highlighting the auction’s valuable position in the Australian yearling market.

Figures in two of three categories were surpassed with 376 lots sold for gross receipts of $14,303,500, an average of $38,041 and median of $30,000. The latter two numbers up ten per cent on last year and representing new record highs for the sale.

The sale topper was lot 162, a filly by the promising young Coolmore sire Galileo out of the Marauding mare Queen’s Suite, sold for $200,000. She was bought by owner-breeder Dr Edmund Bateman and heads into training with Clarry Conners at Warwick Farm.

TOP TEN SIRES BY AVERAGE (3 or more sold)

First crop progeny of past Classic graduates and former track rivals Choisir and Bel Esprit tied for top-lot honours on Monday and dominated the sire tables.

Sire Sold Average Aggregate Top Price
* Choisir 5 $111,000 $555,000 $160,000
* Bel Esprit 3 $100,000 $300,000 $160,000
Galileo 6 $95,417 $572,000 $200,000
* Hussonet 8 $70,000 $560,000 $120,000
Flying Spur 5 $66,500 $332,500 $160,000
Danehill Dancer 8 $63,750 $510,000 $170,000
Royal Academy 6 $57,417 $344,500 $110,000
Peintre Celebre 4 $56,875 $227,500 $90,000
Mr Henrysee 3 $56,667 $170,000 $120,000
El Moxie 3 $56,000 $168,000 $90,000

Former globe-trotting sprint star Choisir retired to Coolmore Australia in 2003 for $30,250. At the Classic this week the champion son of Danehill Dancer provided breeders with bumper returns on their investment, with five of his progeny selling for an average $111,000 to earn him the leading sire crown.

Bel Esprit ran home ahead of Choisir to finish second to Helenus in the Caulfield Guineas, but was just pipped in the race for sire honours at the Classic sale. The popular Royal Academy stallion had three yearlings sell for an average of $100,000 - a huge return for breeders on his initial $18,150 stud fee.

The popularity of freshman sire Galileo continues to abound with his offspring much in demand at the Classic. The highly promising son of Sadler’s Wells had six yearlings sell for an average $95,417 and accounted for the $200,000 top lot.

TOP TEN BUYERS BY AGGREGATE

Buyer Bought Aggregate Top Price
Gai Waterhouse 10 $574,000 $110,000
Paul Perry 8 $498,500 $120,000
Star Thoroughbreds 7 $462,000 $135,000
Anthony Cummings 3 $370,000 $160,000
Slade Bloodstock 5 $335,000 $100,000
Dean Hawthorne 7 $299,000 $120,000
Graeme Rogerson 4 $272,500 $100,000
Sean Munro 5 $262,000 $90,000
Aquanita Racing 7 $251,000 $50,000
John Foote B/S 3 $250,000 $95,000

The Classic has long been recognised as a ‘type’ sale so it was no surprise to see some of Australia’s leading trainers and most respected judges figure prominantly among the top buyers.

Gai Waterhouse came out ahead collecting ten yearlings for $574,000 while Star Thoroughbreds, affiliated to Waterhouse’s Randwick yard, accounted for a further seven lots for $462,000.

“At the Classic sale you know you can get quality horses for sensible money,” said Waterhouse during the sale. “There are good athletic types on offer that will go on and race well.”

Paul Perry bought his former Champion Choisir at the 2001 Classic for $55,000 so it was not unexpected to see the Newcastle trainer continue to spend big including a son of his former stable star for $120,000.

Runner-up numerically was Gyung Joo Stud, the Korean operation of Yang Hee Cho, accounting for nine lots for $148,000.

TOP TEN VENDORS BY AGGREGATE - more than 3 sold

Vendor Sold Aggregate Average Top Price
Broadwater Farm 13 $737,000 $56,692 $170,000
Arrowfield Stud 15 $733,000 $48,867 $120,000
Emirates Park Stud 15 $659,500 $43,967 $110,000
Lomar Park Stud 13 $574,000 $44,154 $200,000
Edinglassie Stud 11 $568,000 $51,636 $160,000
Woodlands Stud 17 $521,000 $30,647 $80,000
Kulani Park 9 $477,500 $53,056 $75,000
Goodwood Farm 13 $453,000 $34,846 $60,000
Philippa Duncan B/S 6 $409,000 $68,167 $135,000
Widden Stud 16 $380,000 $23,750 $50,000

Craig Anderson’s Broadwater Farm continued its run of Classic success topping the Vendor table by aggregate and selling all but one of 14 offered yearlings. Their highlight came on the opening day when Lee Freedman paid $170,000 for the Danehill Dancer colt from Portrait.

Fred Peisah’s Lomar Park Stud has enjoyed excellent results since first selling through Inglis 39 years ago and this year it provided the sale highlight when the Galileo filly from Queen’s Suite fetched $200,000 to top the sale.

Orange Grove Thoroughbreds were the leading vendor by average selling four yearlings for an average $71,250.