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Palace Tycoon Tops Melbourne August Sale

19th Aug 2016

Palace Tycoon Tops Melbourne August Sale

Last start Caulfield placegetter Palace Tycoon has topped the 2016 Inglis August Thoroughbred Sale in Melbourne today selling for $90,000 from the draft of David Moodie’s Contract Racing.

Palace Tycoon (by Testa Rossa) was one of 174 lots sold at Friday’s auction, where $2,015,000 was traded across the breeding and racing stock offered. The top five lots were all four-year-old racing prospects.

Contract Racing sold three of the top four lots with Medaglia D’Oro mare Miss Cooper selling for $72,500 to Cornerstone Stud, South Australia, and Encosta de Lago mare Elsedine purchased by Three Fillies Lodge, Victoria for $65,000.

Robert Roulston Bloodstock bought Lonhro mare Wingstack for $70,000 from GSA Bloodstock, while Darby Racing purchased the top of Godolphin’s draft when going to $62,000 for Foxwhistle, a daughter of Authorized.

Well related five-year-old mare Star Hunter topped the broodmare section when selling to the China Horse Club for $57,000. Out of Group 2 winning Flying Spur mare Ponton Flyer, Star Hunter is a half-sister to stakes winners Black Vanquish and Minnesota Shark.

The sale started at 10:30am following a parade of six Victorian first season sires; Dandino, Late Charge, Nostradamus, Ready For Victory, Rock Sturdy and Trust In A Gust.

It was the second time Trust In A Gust has graced the sale ring at Oaklands, as the dual Group 1 winner was sold to his champion trainer Darren Weir for $45,000 at the Inglis Premier Yearling Sale back in 2012.

Inglis' Make-An-Offer Service is available for all breeding and racing stock that passed-in at today's August Thoroughbred Sale.

The next sale on the Inglis calendar is the 2016 Inglis Ready2Race Sale. 255 two-year-olds have been catalogued for the sale with breeze ups to be conducted on the grass course proper at Cranbourne and Canterbury in early September.

Hard-copy catalogues for the Ready2Race Sale are now available and can be requested by emailing catalogue@inglis.com.au or calling Inglis’ Sydney office on +61 2 9399 7999.

2016 Inglis August Thoroughbred Sale statistics
(2015 in brackets)

Catalogued: 258 (282)
Offered: 221 (223)
Sold: 174 (211) 
Clearance: 79% (95%)
Gross: $2,015,000 ($2,477,350)
Average: $11,580 ($11,741) 
Median: $5,000 ($4,500)
Top Price: $90,000 ($200,000)