News

DATE SET FOR INGLIS AUSTRALIAN WEANLING AND BREEDING STOCK SALE

14th Nov 2007

Australia's leading thoroughbred auctioneers, William Inglis & Son have announced that the 2008 AUSTRALIAN WEANLING AND BREEDING STOCK SALE will be held over four days on June 26, 27 and 29 and 30th at Newmarket in Sydney.

Weanlings will be sold June 26 and 27 with Breeding Stock to be offered on June 29 and 30, which will feature a section of racefillies and mares off the track.

The timing of THE INGLIS AUSTRALIAN WEANLING AND BREEDING STOCK SALE replicates the schedule in North America and Europe, where weanlingsare sold some eight weeks after major yearling sales.

"We are very aware of the fact that next year will be a difficult one logistically for vendors," William Inglis & Son Managing Director Mark Webster explained. "This is a major breeding stock sale, so it is vital that vendors have sufficient time to prepare the entries for the sale."

"The sale is conveniently positioned for weanling traders. It is after the last major Group 1 race for race fillies/mares - the Tattersall's Winter Stakes and it will be prior to the end of the financial year when buyers are on the lookout for tax mares," added Webster.

The company's flagship Broodmare Sale will still be conducted in conjunction with the Easter sales period as the Easter Broodmare Sale, when the international buying bench are assembled and the Australian Easter Yearling sale will have concluded.

The 2007 Easter Broodmare Sale saw Virage de Fortune sell to Darley Australia for $3.4 million - an Australasian record price for a broodmare sold at auction.

INGLIS GREAT SOUTHERN SALE TO MAY

Due to the rescheduling of sale dates in 2008, Inglis have announced that The Great Southern Sale will now be conducted in May with weanlings to be offered on May 15 and 16 and Bloodstock on May 18, 19 and 20. The Autumn Yearling Sale will be held prior on May 11 and 12.

This format allows vendors to nominate for the Great Southern Sale after the Melbourne Premier Sales where the bulk of their yearlings will be offered and will allow at least a two month gap between sales. Melbourne will now lead off the selling season for the major weanling market in 2008.

Last year the Great Southern Sale scaled new heights for both quality and quantity with a 42% increase in turnover of weanlings and a six fold increase in lots selling above $100,000 - a resounding vote of confidence in this sale by the market.

“We are already receiving expressions of interest in this sale,” said Melbourne-based Director and auctioneer Peter Heagney. “The market is telling us that the sale format is right and we are confident that the change back to autumn will be well received by both buyer and vendor alike.”

2008 Sale Schedule