News

Huge Session II Increases as Premier Concludes

4th Mar 2010

The upward trend of the 2010 Melbourne Premier Sale continued throughout the final day, with Session II statistics improving a staggering 50% from 12 months ago.

In all, 108 horses sold today for a gross of $3,001,500 – a hefty rise on last year’s figure of $2,009,000. Today’s average of $27,792 represented a 46.6% increase in the corresponding session from 2009.

Furthermore, 15 horses made $50,000 or higher today (compared to four last year).

It brought to a conclusion this year’s Premier Sale, where more than $31.5million has been traded over the past four days. A number of passed in horses from the first session have since been sold, taking that session’s clearance rate beyond the 80% mark.

“This is a tremendous result and just reward for our vendors who have committed a wonderful team of young horses to this year’s sale,” Inglis Director Peter Heagney said.

“Melbourne graduates have proven themselves to be world class racehorses and I’m certain that buyers from this year’s sale will be reaping those same rewards in the coming seasons.”

Topping the final day was Ultra Thoroughbreds’ Stravinsky colt from the stakes winning mare Radio Sky, which went to Greg Eurell for $120,000. This was significantly higher than the $70,000 that topped last year’s Session II.

Horses passed in during all four days of the sale are still available post sale via the Make an Offer service.

A Photo Gallery of this year’s sale and events can be found by clicking HERE

The next sale at Oaklands is the Melbourne March Thoroughbred Sale to be held on Friday March 19.

Yearlings return to Oaklands on April 22 and 23 for the 2010 Melbourne Autumn Yearling Sale.

Overall Sale Statistics

Vendors

Click Here for leading Vendors by aggregate In all, nine vendors topped the $1million in sales mark during the sale. Eliza Park finished on top, with 36 yearlings selling for $2,206,500. Yallambee Stud (31 for $2.1million) and Three Bridges (19 for $2.06million) also topped the $2M mark.

Click Here for leading Vendors by average Burnewang North Pastoral finished as the leading vendor by average (5 or more sold), with seven selling at an average of $117,143. They just edged out South Australia’s Mill Park, which sold seven at $116,071.

Buyers

Click Here for leading Buyers by aggregate South Africa’s Form Bloodstock was the leading buyer at this year’s Premier Sale, signing for six yearlings for $900,000. Griffiths training was the second highest buyer, securing a sale topping 14 yearlings for $897,000. Rogerson Bloodstock spent $737,500 on seven youngsters, while Sacred Kingdom’s trainer Ricky Yiu was also active, buying five horses for $660,000.

Session II Statistics

Sold: 111 (74%)

Passed In: 38 (26%)

Gross: $3,043,500

Average: $27,419

Median: $23,000

Highest Lot: (Lot 667) $120,000