News

Classic Summer Book Off To A Strong Start

19th Jan 2014

A rising average price and a 84% clearance rate underpinned strong trade on the opening day of the 2014 Inglis Sydney Classic Yearling Sale Summer Book at Newmarket.

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

Local, interstate and overseas buyers took home 189 lots today, headed by Middlebrook Valley Lodge’s Not A Single Doubt x Foxy filly (Lot 173) that was purchased by Kitchwin Hills for $105,000.

“Strong athletic types again drew plenty of competition and I have no doubt that many of today’s buys will outperform their price tags, as has become a great hallmark of Classic,” said Inglis Bloodstock Director Jonathan D’Arcy.

Three colts also made $100,000. They were:

• Lot 26 – Street Sense x Angora colt from Princes Farm – bought by Muskoka Farm NSW
  
• Lot 39 – Teofilo x Ave Amina colt from Supreme Thoroughbreds – bought by Diamond Lodge NZ
  
• Lot 84 – Myboycharlie x Centaine Haze colt from Vinery Stud – bought by Ron Quinton NSW

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

Muskoka Farm ended Day One as the leading buyer having snapped up four colts for $270,000. All will be pinhooked into the Inglis Sydney Ready 2 Race Sale in October.

“We had great success at last year’s Ready 2 Race Sale so have come here on a mission to purchase types that we can make a good return on our investment back here later in the year at the two-year-old sale,” said Muskoka Farm Principal Wendy Lapointe.

“John Hutchinson, Rick Worthington and myself are working together to secure a specific type on a strict budget and we are delighted with today’s four purchases. We hope we can add a few more tomorrow before we take them through our system with Gerald Ryan as we did last year,” Wendy added.

Muskoka and other local buyers had plenty of competition from interstate and overseas. International markets active on the day included New Zealand, Hong Kong, Singapore, China and South Africa.

The average price on Day One was up 6% on last year’s figure to $34,804. The median was a strong $30,000.

Emirates Park, which sold Group 3 winner Boomwaa at Classic Summer Book last year, finished as the leading vendor by aggregate today selling 25 lots for $518,000.

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

240 remaining yearlings (Lots 241 to 480) will be offered from the earlier starting time of 10am tomorrow, Monday 20 January.

Day Two will be broadcast on Inglis Sale Day live. Online Bidding and Make-An-Offer will again be available to buyers unable to make it to Newmarket.