News

Inglis Classic Records Rewritten

10th Feb 2015

The record books were rewritten in Sydney this week with the 2015 Inglis Classic Yearling Sale Summer Book setting new benchmarks. The year on year average has risen 20 per cent, the median up 15 per cent and sale gross up an impressive 47 per cent, all at a record clearance rate of 86 per cent.

“We couldn’t be happier with the direction that Inglis Classic is heading. Vendors embraced the February timeslot with record entries and buyers have repaid that faith assembling in record numbers to purchase 86 per cent of lots offered,” said Inglis Managing Director Mark Webster.

459 lots have been sold for at a record average of $41,782 and median of $30,000 over the past three days. The overall sale gross of $19,178,000 is also a record for Inglis Classic.

27 yearlings by 16 different sires have been sold for $100,000 at the 2015 Summer Book, which is almost double the 15 lots recorded for 2014. The number of lots sold for $80,000 or more is up 126% from 23 in 2014 to 52 this year.

“Vendors should now have greater confidence to support the Inglis Classic Sale with even better types next year,” Webster added.

CLICK HERE to view the InglisTV wrap of the 2015 Inglis Classic Summer Book.

Arrowfield Stud offered the final lot of the record breaking sale, with Lot 574 maintaining their 100% clearance record at an average of $79,958. Broadwater Farm, Widden Stud and Yarraman Park also grossed over $900,000 in sales this week.

Bell River Thoroughbreds, Fairview Park Stud, Ferndale Farm and Redbank North all averaged over $80,000 for their three or more lots sold, a great result for the smaller operations. A total of 45 vendors recorded a 100 per cent clearance rate at the 2015 Inglis Classic Summer Book.

Per Incanto, the sire of the sale topper, finished at the top of the sires list by average ($130,000) ahead of Beneteau (four at $108,750 avg), Lope de Vega (3 at $100,000), Smart Missile (12 at $87,292), Snitzel (10 at $85,000) and I Am Invincible (21 at $78,833).

Paul Perry (6 for $680,000) and McEvoy Mitchell Racing (8 for $661,000) swapped places at the top of the sale’s buyers list multiple times over the last few days, just ahead of Darby Racing (10 for $515,000).

Over 240 individual buyers have been successful at the 2015 Inglis Classic Yearling Sale Summer Book, the largest and most diverse buying bench to attend a Classic Sale. NSW buyers accounted for half of all sales, but had plenty of competition from successful buyers from VIC, QLD, SA, WA, ACT, New Zealand, Hong Kong, China and South Africa.

Thanks to Inglis’ Make-An-Offer Service the clearance rate from Days One and Two have risen to 89%, but there are still many top racing prospects available to interested parties.

GetRacing.com.au will be utilised by many syndicators to promote their Inglis Classic purchases over the coming weeks. New owners looking to start the journey into racehorse ownership via Syndication are encouraged to browse Australia’s greatest marketplace for racehorse shares at GetRacing.com.au

Photos from the 2015 Inglis Classic Summer Book are available on our Facebook page InglisBloodstock

All yearlings offered at the sale are eligible for entry into the $5,000,000 Inglis Race Series covering their 2YO, 3YO and 4YO racing seasons. The series includes many new features, including the boosted $500,000 2YO Inglis Nursery on Villiers Day in December 2015. For more information go to inglis.com.au/races

Summer Book Statistics | 2015 | 2014 | Change : ------ | ------- | ----- | ------ : Catalogued | 574 | 480 | +20% Offered | 535 | 444 | +20% Sold | 459 (84%) | 375 (84%) | - Gross | $19,178,000 | $13,019,500 | +47% Average | $41,782 | $34,719 | +20% Median | $30,000 | $26,000 | +15% Top Price | $310,000 | $200,000 | -

Sire | Entries | Sold | Passed In | Aggregate | Av Price | Top Price | Median ---- | ----- | ---- | ----- | ---- | ----- | ------ | ------ :
Per Incanto (USA) | 3 | 3 | 0 | $390,000 | $130,000 | $310,000 | $50,000 Beneteau | 6 | 4 | 2 | $435,000 | $108,750 | $170,000 | $92,500 Pins | 1 | 1 | 0 | $100,000 | $100,000 | $100,000 | $100,000 Lope de Vega (IRE) | 3 | 3 | 0 | $300,000 | $100,000 | $170,000 | $75,000 Bel Esprit | 2 | 1 | 1 | $90,000 | $90,000 | $90,000 | $90,000 Smart Missile | 14 | 12 | 1 | $1,047,500 | $87,292 | $200,000 | $83,750

Buyer | Location | Bought | Aggregate | Av Price | Top Price | Median ---- | ---- | ----- | ---- | ----- | ------ | ------ :
Paul Perry | NSW | 6 | $680,000 | $113,333 | $260,000 | $85,000 McEvoy Mitchell Racing | SA | 8 | $661,000 | $82,625 | $170,000 | $73,000 Darby Racing | NSW | 10 | $515,000 | $51,500 | $95,000 | $57,500 James Harron Bloodstock / Snowden Racing | NSW | 2 | $470,000 | $235,000 | $310,000 | $235,000 Gai Waterhouse | NSW | 2 | $400,000 | $200,000 | $300,000 | $200,000 Australian Bloodstock | NSW | 7 | $370,000 | $52,857 | $110,000 | $50,000

Vendor | Entries | Sold | Passed In | Aggregate | Av Price | Top Price | Median ---- | ----- | ---- | ----- | ---- | ----- | ------ | ------ :
Widden Stud, Widden Valley | 49 | 43 | 2 | $1,180,000 | $27,442 | $105,000 | $20,000 Broadwater Thoroughbreds, Aberdeen | 21 | 19 | 2 | $1,139,000 | $59,947 | $260,000 | $40,000 Arrowfield Stud, Scone | 14 | 12 | 0 | $959,500 | $79,958 | $170,000 | $75,000 Yarraman Park Stud, Scone | 17 | 13 | 3 | $939,000 | $72,231 | $300,000 | $54,000 Sledmere Stud, Scone | 10 | 9 | 1 | $576,000 | $64,000 | $310,000 | $30,000 Vinery Stud, Scone | 21 | 15 | 5 | $563,000 | $37,533 | $90,000 | $32,500